1/ Watching #btc volatility & thinking about current use cases, I finally appreciate why @VitalikButerin says it's important to make a StableCoin. Ppl should be able to store value w/o taking on all this currency risk.
Show this thread
-
2.) The assaying system is internal to the vault-like machine, so I'm not sure how it would be vulnerable.
The assaying system measures physical properties, using tools like a mass spectrometer, to determine the amount of gold. It seems quite likely that there will be a way to spoof it (and immediately withdraw real gold elsewhere).
-
-
It also will using a hydrostatic weighing system. I know that gold-plated tungsten can be used to fool rudimentary hydrostatic weighing, but I'm not aware of any metal that could pass HS and MS checks. I'll have to look more into it.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.