Bailey

So there's a threshold, 10,000 bucks or more.

Legally, when there's a $10,000 or more transaction, cash transaction, you're supposed to report it.

So if you go to the bank and you do $10,000 cash, the bank has to report this large transaction because they're trying to get ahead of, you know, money laundering and theft and all these things.

The reason I'm breaking that down is so you understand what the whole point of goldbacks was originally to be.

It was to get to where the value of gold was used for the form of currency.

And somebody had the idea of creating its own type of currency that's gold.

It's real gold that does not necessarily tie to fiat equivalency.

The flaw is that gold in of itself, just getting it is a Fiat transaction.

No matter what you do, even though gold and Fiat are not connected, just getting it is a Fiat transaction.

So I took a different stance.

I said, well, they look collectible to me.

I'm looking at them.

I like the artwork on them.

They look collectible to me.

Some of them are in limited supply.

So the Washington DC one I talked about,

has a number printed on it and it says 250 000 and if they're telling me that only 250 000 will ever be created it's a it's a natural scarcity and with the artwork it becomes the collectible as a collectible it will have its own intrinsic value to somebody so my thought was okay well as long as the art's good

I'll just pick these up and just stack them, toss them in a safe and just stack them.

I'm not going to spend them because that's stupid.

But later, and I learned this with the Transformers,