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RE: How the Quint is Priced -- Man, the Devil is Always in the Details
If you read the comments in the post by @stan...there is very little push back to the proof vs bullion issue. I don't think people understand the difference...good luck to them all....what a bunch of fish.
I think you misunderstand what Quintric is introducing. They have created a digital (blockchain) version of "lawful" money. They do not care about the numistic value. They care that gold and silver eagles issued by the US Mint is both lawful money in all 50 staystes and legal tender in the US Corporate UNITED STATES. It cannot be taxed. Each 1000 Quint issued triggers the Quintric team to buy 1 gold Eagle from the Mint. This is not a coin speculate on. It will be used the same as owning gold or silver except that it can be spent and / or exchanged much easier than the physical metal. It will also become the go to coin during market downturns as the dollar continues to deteriorate. Tether will deteriorate with the dollar while the Quint will hold its value. Think of the Quint as a digital gold certificate and the QuintS as a digital silver certificate.