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/biz/ - Business & Finance

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>> No.55882856 [View]
File: 136 KB, 1200x1810, 198DE4C0-D96F-466C-8076-8248EAF648E9.jpg [View same] [iqdb] [saucenao] [google]
55882856

yes?

>> No.54819841 [View]
File: 136 KB, 1200x1810, Lord-Rothschild-300-1286x1940.jpg [View same] [iqdb] [saucenao] [google]
54819841

To be honest, the concept of the XRPL with IOUs is quite nice.
Lets say you lived in medieval times in Germany and you wanted to travel with your gold. You can just deposit it in one of mr. Blueschilds vault, he would issue some $GOLDBAR 10 Oz IOUs. Once in England, you can redeem your IOUs at one of the vaults of the brothers of Mr. Blueschild and get your gold back.

>> No.54046059 [View]
File: 136 KB, 1200x1810, DBFA19A5-DB6C-4C90-B3A1-887DAD448070.jpg [View same] [iqdb] [saucenao] [google]
54046059

>>54046005
>it’s impossible for hyperinflation to collapse the banking system

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