This is a little different:
AmmoSquared Addresses Growing Demand for Alternative Assets
Nampa, ID – AmmoSquared Inc., the pioneer in online ammunition backed holdings, is answering the call from consumers seeking non-traditional ways to diversify their assets. The company offers a unique service by allowing customers to accumulate and store physical ammunition holdings off-site, providing an innovative way for individuals to build and protect tangible wealth while hedging against economic uncertainties.
As the global economy faces unprecedented challenges, many individuals are turning away from traditional asset accounts that can be vulnerable to fiat currency shocks such as stocks, bonds, and money market accounts. AmmoSquared’s ammunition-backed digital wallet offers a new approach for those concerned about the declining value of fiat currencies and the risks associated with conventional financial institutions.
“Ammunition is a physical, tangible asset that will never be worth zero,” says AmmoSquared CEO Dan Morton, “It’s more stable than cryptocurrencies like Bitcoin, which are still too volatile for most people to reliably use as an alternative store of value. Ammunition is more like gold, with intrinsic value based on the effort and cost of raw materials. It will never be worthless, nor will it vanish due to a tweet or hacker.”
AmmoSquared has developed a user-friendly platform that allows customers to build, store, and manage an ammunition inventory online. The company offers over 60 different caliber options to cater to the diverse needs of its customers. Asset holders take advantage of AmmoSquared’s secure, climate controlled, storage facilities, ensuring their ammunition holdings are kept in optimal conditions to preserve its value.
The company has also introduced features typically found in financial products, such as limit orders, percentage gains and loss tracking, and the ability to exchange between different calibers with just a few clicks. These features, combined with an easy-to-use interface, make AmmoSquared an attractive option for those seeking to purchase and store ammunition as an alternative safe haven for their excess funds.
AmmoSquared, which started in 2015 as an ammunition subscription service, has evolved into something akin to an ammunition bank. They offer customers a unique way to diversify their savings into a tangible, useful asset. As dollar dominance wanes and people seek alternative safe havens for their excess cash, AmmoSquared provides a practical, secure solution that helps protect customers’ wealth in these uncertain times.
For more information about AmmoSquared and its innovative ammunition solutions, visit https://ammosquared.com/.
About AmmoSquared Inc.:
AmmoSquared is pioneering an online ammunition wallet or “bank account”, offering customers an innovative way to purchase and store ammunition while still meeting their everyday shooting and hunting needs. With a wide variety of calibers available, AmmoSquared’s platform provides a user-friendly experience that allows individuals to manage and diversify their assets with ease. The company is dedicated to providing secure storage solutions and exceptional customer service, positioning itself as a leader in the burgeoning ammunition depository market.
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Part of me thinks that’s really cool and innovative, and a righteous nose-tweak to all the “right” (leftie) people.
Another part of me laughs a good belly-laugh, knowing that ammo has a hedge only works if you have it in your own personal possession or local and accessible storage.
OTOH, it would also make a very attractive robbery target in a SHTF scenario.
I’m also curious about some of the technical details, as we all know that not all ammo of a given cartridge are equivalent. Nosler Partition bullet in good Lapua brass would be worth more than Norinko steel-case FMJ, even if they are the same nominal round. What brand(s) do they use, how audited, how to take delivery, etc. An intriguing idea to watch in any case.
This should appeal to people who keep vital data in the cloud.
“excess funds … excess cash” What’s that?
Was it FDR that declared a bank holiday and common folks couldn’t get their money?