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RE: Crypto Backed by SILVER? Bitcoin ATM's? + More!
I have over 2700 ounces of silver and No Crypto really to speak of, and I'm sick of silver always kicking me in the balls never giving me 100 an ounce, bring on the silver backed crypto.
How do you think the crypto is going to have an impact. I can see one advantage is small transaction can be carried out where all the alternate forms of holding silver derivatives such as ETF or bank cert can not. That should bring more buyers who wasn't buying because of not able to use for daily transactions. However I think you are still exposed to counter party risk.