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RE: Glint: Spend Gold Digitally for the Very First Time.
Sorry maneco64, but I'm a bit confused!
It's called the Glint Mastercard, which suggests that it relies on the banking system network and he states that their clients money is held with Lloyds etc.. So if the banking system fails, could you still use Clint as it uses the banking system ATM/IT network? In other words, is Clint outside the banking system, which will fail in the near future.?
You were very faint in your interview.
With Glint, you can hold gold or fiat. The fiat is held at Lloyds but the gold is stored in a Brinks vault in Switzerland so if the banking system were to fail your gold would be safe.
Thanks for your reply, much appreciated.
Yes. I understand that ones gold is safe if the banking system failed. But could you gain access to spending money on the Clint card if the banking system failed as their banking ATM/network and online services would be suspended. Even though your your gold is safe, can you still use the Clint card in the event of a bank run or banks closing - hope this makes sense.
The latest interview with Jim Sinclair and Bill Holter on Greg Hunters channel is excellent - a must watch!