Wednesday 28 October 2015

"COLORED DIAMONDS CURRENCY SYSTEM" - Carat, Color, Cut, Clarity, .... and Cash !!!

The Word Bank came from the Italian word Banca, which means Bench .... Centuries ago,  The first bankers were on a bench to change silver coins !!! So, no activity related with credit and money creation out of nothing !!!

The diamonds are not a liquid asset,  and unlike physical gold, the weight is not important to evaluate the value of diamonds !!!

Therefore, Diamonds is a prospective ad hoc monetary asset which could work well as a GUARANTEE, to make deals, in a deflation period !!!






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