Because of it's physicality it's can't be self sovereign. At scale it has to be stored with a trusted entity, this reintroducing counter party risk.
Holders will issue more certificates then gold they hold. We've been there, we've done that.
Toma B
npub1gj…0n9dj
2023-03-27 18:50:41
in reply to nevent1q…0xlr
Author Public Key
npub1gjcuel3a80f90jz99jw86azsl74hmwjrsekyzx5rpyr98l6qgz3qe0n9djPublished at
2023-03-27 18:50:41Event JSON
{
"id": "362eab59434e2e9b7bd89f6f18b17c9badbce0fcb59c0b6a92a2e46aa67d188a",
"pubkey": "44b1ccfe3d3bd257c8452c9c7d7450ffab7dba43866c411a83090653ff4040a2",
"created_at": 1679943041,
"kind": 1,
"tags": [
[
"e",
"5b9d5b260f4b6239724eaa1eea420fefeabdfe14842fa837bdedfda3f19e66ac"
],
[
"p",
"b0a7265070ed2f660777145c3fb84b69eceefbbd7bfa97731c314ed587ed1307"
],
[
"p",
"6e468422dfb74a5738702a8823b9b28168abab8655faacb6853cd0ee15deee93"
]
],
"content": "Because of it's physicality it's can't be self sovereign. At scale it has to be stored with a trusted entity, this reintroducing counter party risk.\n\nHolders will issue more certificates then gold they hold. We've been there, we've done that.",
"sig": "4fde717e13d82372f88779021278ffd6908a3279f12e6052beb6bd95366c97fa8762b1c9531743e55c513443832d99a5358aff8ee4de537f2196c808775d8bde"
}