Ethereum: Strong Buy
Strategic Planning Assumption: Ethereum will be used to enable asset-backed currencies for artificial intelligence behemoths. (Probability .86)
Crypto-currency to Ethereum backed crypto currency
Rhodium - Coin, purchases, vault services, asset management fee 2 percent, storage (room included)
Gold- Coin, purchases, vault services, asset management fee 2 percent, storage (room included)
Silver - Coin, purchases, vault services, asset management fee 2 percent, storage (room included)
Platinum - Coin, purchases, vault services, asset management fee 2 percent, storage (room included)
Orange Juice - preferred puchase structures
While the vast majority of cryptocurrencies are purely digital and do not have any physical mint equivalency, there are a few notable exceptions:
Casascius coins:
Casascius coins were physical metal coins minted between 2011 and 2013, each containing a private key printed on a piece of paper underneath a tamper-evident hologram.
The private key could be used to redeem the bitcoin value assigned to the coin.
However, the production of these coins was discontinued in 2013 due to regulatory concerns.
Denarium coins:
Denarium is a company that creates physical bitcoins, which are metal coins with a built-in private key.
Each coin has a unique bitcoin address and a corresponding private key, which is hidden beneath a tamper-evident hologram.
The coins come in different denominations and can be redeemed for their bitcoin value.
Tether Gold (XAUT):
Tether Gold is a digital token backed by physical gold, where each token represents ownership of one troy fine ounce of gold.
The physical gold is stored in a vault, and the ownership rights are represented by the XAUT tokens on the Ethereum blockchain.
While not a physical coin, XAUT tokens have a direct link to a physical asset.
Perth Mint Gold Token (PMGT):
Similar to Tether Gold, the Perth Mint Gold Token is a digital token backed by physical gold held in the vaults of the Perth Mint, a well-known precious metals refiner and mint in Australia.
Each PMGT token represents ownership of one troy ounce of gold, and the tokens are issued on the Ethereum blockchain.
It's important to note that these examples are exceptions to the norm, and the vast majority of cryptocurrencies, including major ones like Bitcoin and Ethereum, do not have any physical mint equivalency. The concept of cryptocurrency is primarily based on digital scarcity and decentralized ownership, which is achieved through blockchain technology and cryptographic techniques, rather than physical minting.
