# ‘Mattereum, Digital Gold and Not So Stable Coins’ > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [577]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2022-08-22 (YouTube upload date), https://www.youtube.com/watch?v=jF0NtsQXSi4. Text: automatic captions, mostly corrected - On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024). - How it fits the plan (the research build's reading): Store-of-value product on the contracting layer. - Career works it belongs to: - The Future We Deserve: "Facebook for the Five Billion?" (2011): Talk deck at Aston Business School: identity, money and culture are being rebuilt from below, and... (suggested by machine) - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - CoinDesk (2020): CoinDesk interview on an identity layer for physical things. (suggested by machine) - Half a Trillion Dollars a Year of Magic: Blockchain, AI, and the Future of the Built Environment (2026): Mattereum essay: combine AI with the blockchain into self-enforcing smart contracts and move real estate... (suggested by machine) - Threads (lines of work through his career) it is part of: - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine) - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - Topics: Property, NFTs & real-estate transactions (100%) - Distinctive terms here, against the whole archive: digital gold (2 here; 8 sources in all, earliest dated 2015); stablecoins (2 here; 26 sources in all, earliest dated 2015) - Importance: core-text score 0.11 (1.00 is the top), number 516 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [735] [Vinay Gupta - Mattereum (2022)](https://guptaoption.com/texts/735.md); [199] [IG Wines with Mattereum (2022)](https://guptaoption.com/texts/199.md); [594] [Mattereum Physical Asset NFT Online Meet-Up 27 July 2022 (2022)](https://guptaoption.com/texts/594.md) - On the same works, just after: [573] ['Digital Assets, Digital Chattel' (2022)](https://guptaoption.com/texts/573.md); [571] [The Second Mattereum Physical Asset NFT Meetup 21 Sept 2022 (2022)](https://guptaoption.com/texts/571.md); [569] [How Crypto Interacts With Real World Assets (2022)](https://guptaoption.com/texts/569.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: ‘Mattereum, Digital Gold and Not So Stable Coins’, video, 2022-08-22, https://www.youtube.com/watch?v=jF0NtsQXSi4; in Vinay Gupta's archive at guptaoption.com, source [577], https://guptaoption.com/texts/577.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=jF0NtsQXSi4&t=0s) we're very interested in doing digital gold we've done a little and we're going to do a lot more uh here's the reason why digital gold right now there's about 200 billion in stablecoins but staple coin just means dollar coin and dollar coin now means you're losing five to eight percent of your money every year coin so the stablecoins have gone from being stable to gradually gradually shrinking and drinking and drinking and drinking there are no stable points now and you know stable relative to the dollar was okay when the door had zero inflation the dollar now has a lot of inflation so where do you go if you want a stable transaction that isn't the dollar right the answer is not euros the answer is not yen right the answer is gold right because if you have a mix in your portfolio between bitcoin and gold or if you're really paranoid bitcoin dollars of gold right at that point you can adjust your risk profile just by changing the ratio of dollars to gold to bitcoin in your portfolio and really if you're a purist you don't need dollars at all you could just do gold in bitcoin but dollars gold and bitcoin you know that gives you a tripod then you just adjust your balance between those three things to get something that looks pretty stable well at this point most of the people in crypto have dollars in gold uh dollars from bitcoin very few of them have gold so we're going to do an enormous amount of gold to basically fill the gap opened up by dollar inflation in the crypto market --- End of [577] ‘Mattereum, Digital Gold and Not So Stable Coins’. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [573](https://guptaoption.com/texts/573.md) 'Digital Assets, Digital Chattel' (2022); his whole career in one file, https://guptaoption.com/story.md.