First published at 00:51 UTC on June 23rd, 2022.
The Future of Money and LODE Continues to Evolve Part II | https://www.themorganreport.com/join
Money, let us not forget, has already come a long way, evolving from beads to gold coins to paper bills and credit cards. In the early 1900s, national c…
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The Future of Money and LODE Continues to Evolve Part II | https://www.themorganreport.com/join
Money, let us not forget, has already come a long way, evolving from beads to gold coins to paper bills and credit cards. In the early 1900s, national currencies were typically backed by commodities; that is no longer true. The United States dollar, for example, was divorced from the gold standard in the early 1930s, becoming a “fiat” currency whose value is backed solely by the word of the government.
Then, as computers evolved, electronic payments became ubiquitous. Most recently, the huge run into Crypto Currencies. However, the same issues are unfolding. It's just a “fiat” crypto currency whose value is backed solely by the word of the creator.
The LODE PROJECT is looking to change all that.
LODE is the birthplace of the honest money revolution. A global system built with real money. Created by the people, for the people. LODE is digitally mining the Mother-LODE and Putting idle gold and silver to work one milligram at a time.
Learn more... https://AG.LODE.ONE
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