Turning paper into gold is the answer to the broken fiat system. Feat. Adam Trexler
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In this week’s episode of Live from the Vault, Andrew Maguire is joined by Adam Trexler, founder of Valaurum - the manufacturer of Aurum gold-backed banknotes - to discuss money's natural evolution beyond fiat and into tangible assets. The precious metals experts debate the value of currencies and their ability to create action, while revealing how gold can help overcome the challenges faced by fiat in an economic climate where individuals are being “debanked” for using cash.  Timestamps 00:00 Start 02:45 Adam explains his background and his interest in gold-backed banknotes 05:45 The dollar vs gold 08:30 The mechanics of gold-backed banknotes 12:30 1000 bank accounts a day being closed for using cash 18:00  BRICS helping to bring back gold as money 23:00 The importance of physical bullion and physical delivery 28:30  How Kinesis & Valaurum tackle the problem of moving value 37:00 The role of trust in gold investment, usage and price 48:25 Central Bank Digital Currencies Learn more about Kinesis by visiting our website: https://kinesis.money/ Twitter: https://twitter.com/KinesisMonetary Facebook: https://www.facebook.com/kinesismoney/ Telegram: https://t.me/kinesismoney Reddit: https://www.reddit.com/r/Kinesis_money/ Kinesis Forum: https://forum.kinesis.money/
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Published 05/31/24
Published 05/31/24