Thanks for the clarification for this @stan.

This is one of the most exciting developments, in my opinion, that we have seen to date on the Bitshares network.

This idea has something for everyone. It is currency so the IRS cannot hammer people about the capital gains.

There is precious metal backing meaning that there is true value behind the coin.

It can be moved quickly anywhere in the world...meaning the primer of the financial world is greased...instead of being bottle-necked like the banking system does.

It is affordable. We see stocks split all the time because the price gets out of the reach of the average buyer. Having a token that is under $2 is within the reach of all.

Unlike our guesstimates of what is in Fort Knox (nothing according to many), we know how much gold is truly behind the currency that is created.

Plus there is a mandate for the government to produce as many as requested.

Isn't it ironic that the government, for all their fighting of crypto, is now complicit in creating more crypto?

I just have to laugh at that....the US Mint enables more quints to be created.