🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Praveena J

Stay Hungry, Stay Fo... • 12m

Just thought:- What if there was a digital currency backed by something tangible and stable, I think it should be land, not any metals as we precisely don't know the total gold present on the earth which is in human hands? Each unit of currency would represent a share of a diversified global property portfolio, providing a store of value that's less volatile than traditional cryptocurrencies. The limited supply of land would ensure a capped supply of currency, preventing inflation. It's an innovative way to rethink currency and provide a more stable store of value in the digital age. I think if implemented, this could revolutionarise the world or might become another hyped idea. What do you think? Please do give your perspectives in the comments section. Any feedback is accepted.

Revolutionary idea

Might Create just hype

I don't know bro

Votes: 56

3 replies4 likes

Replies (3)

Anonymous 1

Hey I am on Medial • 12m

That's a kind of crazy idea, to be honest. Bitcoin is scarce in its program itself. Who will going to maintain the legal rights of owning land considering the different laws in different countries? And overall, you would need the decentralized scope to implement this idea. Then why associate that with scarce commodity when we have programmable scarcity?

1 replies1 like

Praveena J

Stay Hungry, Stay Fo... • 12m

It's just a thought, not complete pitch, so guys, please do mention your POVs

0 replies

Recommendations from Medial

Rahul Khatri

Founder at AuraX • 11m

Time is currency, Value is product & Money is the tool. ~ Rark

0 replies4 likes

CA Dipika Pathak

Partner at D P S A &... • 12m

Continue-Tax and Accounting Compliance within the Online Gaming Sphere!! Value of supply of online gaming including online money gaming Value =Total paid or payable to or deposited with the supplier by way of money or money's worth, including virtu

2 replies6 likes

Himanshu Singh

Production Planning ... • 1y

How is Vegrow as a company to work with in supply chain and procurement department. Is it stable

0 replies6 likes

Dr Bappa Dittya Saha

We're gonna extinct ... • 11m

So much noise about AI And what u missing is blockchain! How AI will be secured from manipulation? We don't trust private finance organisation. Because PSU banks doing so well. But we need a better currency! Rupees, dollars, Euro are relative asset

0 replies5 likes

Muhammed Muthasir

||Explorer|| • 4m

Understanding the journey of currency notes: From the RBI's Issue Offices, fresh banknotes are sent to currency chests, which act as storage and distribution centers. A vital process that supports the smooth flow of currency in the economy!📈

0 replies3 likes

UBED

On my way to Buildin... • 10m

What is the definition of "MONEY" in your perspective??? Or how would you define the concept of "currency" or "monetary value"? I'm interested in hearing your professional take on the meaning of money.

0 replies5 likes

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

You people suggested that bitcoin will be used as digital currency in the future but how can a cryptocurrency which too volatile can be used instead of currency. Imagine you pay some btc for the food you buy and the next day btc crashes 5 % then the

2 replies3 likes