One feature of Paper Bullion Bank Bill is that it helps little people not just big corporate decision makers.
If your bank bill is rated authentic by the machine in the bank, you can have a gold round for it anytime, anywhere, anyhow.
This allows little people to take Paper Bullion Bank Bills from one country to another, and get credit for the Gold in the second country.
If the bank has branches all over the world, you can go anywhere with your gold.
It is bullion, but it does not look like bullion. It looks like bank bills.
I can put 30 grams of gold in a bank bill.
So it’s like a Gold Sovereign.
But it looks like a bank bill, not like a Gold Sovereign.
Powell money is on the way out. It becomes worthless as Power cranks the press and spews it all over New Zimbabwe (USA).
Gold is fixed at the London Day Price every day, and varies slowly, so it is a good store of value. at least over a week or two.
You can move your entire net worth from one nation to another as Paper Bullion Bank Bills.
Once a bill is verified the bank’s risk is zero.A big bank will make $20 billion in new business by 2036 if it issues and honors Paper Bullion Bank Bill.
Ingots are lovely, but very cumbersome as money. So much testing must be done to assure they are not fake in any way.
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