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As others have stated; Land and Gold can be confiscated; Thieves, Governments, Inflation. Its also hard to move. Any lock can be broken; any safe cracked. I tru
by sdf43543t345 8y ago
As others have stated; Land and Gold can be confiscated; Thieves, Governments, Inflation. Its also hard to move.
Any lock can be broken; any safe cracked. I trust in AES with many iterations of SHA512 to protect my coins.
I feel you don't really understand the value that cryptocurrency is adding; It is by its nature very easy to move and cheaper to protect than Gold. Its the long bet against eventually everything will be eaten by the state; or by inflation.
- jandrese 8y agoSomeone who is stealing your land can also steal your private keys/digital wallet.
- jonknee 8y agoCrypto gets stolen all the time and once it's gone you have no recourse. It also gets seized. And of course you can also just lose it which is realllly hard to do with land.
- mkirklions 8y ago>Crypto gets stolen all the time and once it's gone you have no recourse. Someone steals your wallet with USD, whats the difference? People act all weird when the word Bitcoin comes up, but its really not that different from gold and USD. Well except it solves a few problems those have. Cant things be both advantageous and disadvantageous?
- jonknee 8y ago> Someone steals your wallet with USD, whats the difference? You lose a tiny amount of cash and get new cards from your bank. BTC is like carrying around your bank account, it's a whole different ball game.
- pavel_lishin 8y ago> Someone steals your wallet with USD, whats the difference? I don't store the majority of my money in my wallet.
- lagadu 8y agoStealing your btc is also really easy, as xkcd showed a long long time ago: https://xkcd.com/538/ https://xkcd.com/538/