notes: lastkhan

I'm creating a new digital currency that is backed by both physical and digital assets, much like the petrodollar, but for the digital age. As rudimentary as it sounds, a currency backed by precious metals & digital currencies/tokens would be very interesting. Acting as an index of sound monies that if adopted could easily be used friend-2-friend (peer-2-peer, but I was born in 1995...no one says peers) Ideas for round 1: Potential candidates: - Copper, Silver, Gold, and Platinum - Doge, Polkadot, Ethereum, and Bitcoin Example 1 $Ekoh = $E for short ($E-cash, electronic cash, duh) back to the point. 1 $E = X (weight) of gold + X Satoshis (the smallest unit of Bitcoin) At the time of this writing Bitcoin recently hit all-time-highs on the back of Donald J. Trump's re-election. Bitcoin price in the $70-$90k range. (Been a crypto/cypher punk since 2013, so at this point I don't look at the price) I believe it is time to build a system that could be adopted much quicker than the bitcoin standard, which yes would be cool, but unlikely. For the record, I wrote the white paper for this 2 years ago and just have been slowly peer reviewing it. I finally have some free time to work on this. It's actually super easy to build if you know the right people. If you are interested in the developer or "for dummies" white paper I am happy to share. In honor of Satoshi Nakamoto, I am going to try to remain anonymous...but I'm bad at secrets and at least 12 men know who I am. I didn't know I'd be anonymous until I did. #1D1DTH0Ts #ALK3MY #W3AR3S4T0SH1

Notes by lastkhan | export

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 Yes. I'm a little high, hopefully that last post won't sound so high and mighty in the morning. 

 @lastkhan out

I'm creating a new digital currency that is backed by both physical and digital assets, much like the petrodollar, but for the digital age.

As rudimentary as it sounds, a currency backed by precious metals & digital currencies/tokens would be very interesting.

Acting as an index of sound monies that if adopted could easily be used friend-2-friend (peer-2-peer, but I was born in 1995...no one says peers)

Ideas for round 1:

Potential candidates:
- Copper, Silver, Gold, and Platinum
- Doge, Polkadot, Ethereum, and Bitcoin

Example
1 $Ekoh = $E for short ($E-cash, electronic cash, duh) back to the point.

1 $E = X (weight) of gold + X Satoshis (the smallest unit of Bitcoin)

At the time of this writing Bitcoin recently hit all-time-highs on the back of Donald J. Trump's re-election. Bitcoin price in the $70-$90k range. (Been a crypto/cypher punk since 2013, so at this point I don't look at the price)

I believe it is time to build a system that could be adopted much quicker than the bitcoin standard, which yes would be cool, but unlikely.

For the record, I wrote the white paper for this 2 years ago and just have been slowly peer reviewing it. I finally have some free time to work on this. It's actually super easy to build if you know the right people.

If you are interested in the developer or "for dummies" white paper I am happy to share.

In honor of Satoshi Nakamoto, I am going to try to remain anonymous...but I'm bad at secrets and at least 12 men know who I am. I didn't know I'd be anonymous until I did.

#1D1DTH0Ts
#ALK3MY
#W3AR3S4T0SH1

 Hello Friends. In honor of Hal Finney, it's time to get started.