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Storing small paper wallets in vaults could enable new currency notes, Bruce Fenton suggests

Storing small paper wallets in vaults could enable new currency notes, Bruce Fenton suggests
Paper wallets as basis for crypto notes

Bruce Fenton proposes that President Bukele or another proactive world leader should collect multiple paper wallets, each containing 10,000 sats, and secure them in a Fort Knox-style vault.

He further suggests issuing physical notes or bills backed by these wallets, with the public key serving as the serial number on each note.

Fenton has previously drawn attention to key events in economic and Bitcoin history explored in a recent interview. He has also observed that Beats was created in 2006 with no founder and sold for $3 billion in 2014. These observations add context to his latest proposal on physical bitcoin-backed notes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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