Institutional memo
Wall Street
Standard
- Gold
- Vaults
- Ounces
- Serious faces
RESERVE APPROVED
Gold standard Cash standard
Not gold in a box.
Cash on the chain.
Cash Standard takes the hood’s oldest unit of account and puts it on top of the newest reserve.
Robinhood Chain Pre-launch
01
Institutional memo
RESERVE APPROVED
Hood memo
NO PERMISSION
Wall Street measures value in ounces. This chain measures it in bags.
02
No vault tour.
No whitepaper sermon.
Just cash, standardized.
03
They launched a reserve.
Gold. Vaults. Sound money.
The hood already had a different standard.
CASH.
Before Robinhood was Robinhood,
the idea was cash first.
The standard was never gold.
The standard was always cash.
04
The contract is not live. Address pending.
05
Dexscreener arrives with the contract.