I skipped the second paragraph about the token’s “physical characteristics.” It doesn’t really mean anything. What I did think about was how a sale would actually work if the wallet were functional. I’m leaving out the exchange part to keep it simple.
If the AABB wallet really worked and you listed a token “worth 1/10 gram of gold,” here’s what happens:
A potential buyer checks for redemption or delivery. There’s no refinery, no vault certificate, no custodian, and no audit. They look at AABB’s filings for backing and find only “digital assets” and “token inventory,” with no bullion listed.
At that point the sale dies. There’s no proof of gold, no redemption path, and no legal market. The “backed by gold” story collapses the moment anyone performs basic due diligence.
Market Data 
Markets 
AI
