Turning paper into gold is the answer to the broken fiat system. Feat. Adam Trexler

1 year ago
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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.

Check out Valaurum: https://valaurum.com/

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

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