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Praveena J

Stay Hungry, Stay Fo... • 1y

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 wou

Revolutionary idea

Might Create just hype

I don't know bro

Votes: 56

Anonymous 1

Hey I am on Medial • 1y

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?

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Praveena J

Stay Hungry, Stay Fo... • 1y

Because it will be physically claimable and more stable scarcity than the available Bitcoins.

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