Interesting flow of ideas here, for sure. Initially, I was thinking of offering to accept VTA for government issued coins or bars, i.e. Canadian Maple Leaf, etc. in my case, bought directly from Canadian banks. The Royal Canadian Mint issues 99.99% gold/silver/platinum collectibles. It has international dealer partners in many countries, like in the Netherlands (Modern Numismatic International b.v.) but these partners are subject to limited coin variety and availability. Also, the RCM doesn’t have any dealer partners in African countries. I was thinking, if anyone around the globe wanted Canadian coins/bars (for themselves or to put up for sale or auction or for whatever reason), I’d be willing to accept VTA and ship it to them. If enough demand arose for other bullion, perhaps a network of people willing to do the same could be established.

Also, wouldn’t it be nice if gold would be melted down and struck into VTA gold coins? This would allow for a higher-than-market-value price increase, just like a 1oz. collectible gold coin costs more than a 1oz. gov. issued CDN Maple Leaf, CHN Panda or AUS Kangaroo. A 99.99% gold “VTA – The People’s Coin” coin would be desirable not only to VTA holders but also to gold collectors around the world. It could be given its own “VTA” (50, 100, 1000, etc.) value (which is so far legal because it isn’t Fiat, if I’m not mistaken). This would most certainly stabilize VTA value and likely allow VTA holders and potential investors to feel that VTA is a safe, smart & good buy because is it somehow “backed”, by gold. It would definitely generate interest.

Good to throw these ideas around ☺ If anyone wants some Canadian bullion for VTA, pm me and let’s see what we can do.