3 ms·

Gold maybe. But gold is not a currency either, so hmmm. In all earnest, I wonder when the mainstream will realize that in a digital world the store of value a

Gold maybe. But gold is not a currency either, so hmmm. In all earnest, I wonder when the mainstream will realize that in a digital world the store of value and a currency can be different because they are easily interchangeable. Just like bonds or gold for long term investment (store of value) and dollar (currency).

petre 6y ago
Good luck transporting and securing larger quantities of gold and also exchanging it for money. One basically has to declare any quantity in excess of six ounces / 170 grams of gold because it exceeds 10k US dollars / euros.
- chii 6y ago
  what's wrong with declaring? It's not like it'd be taken from you...unless you illegitimately obtained it.
  - faffe 6y ago
    It can via tax...
  - McScroogy 6y ago
    If there is a wealth tax, as is being discussed in many places, it could be taken from you.
- iso1631 6y ago
  If you carry your bitcoin wallet with you do you need to declare that?
baq 6y ago
paper gold trades like a currency, bitcoin trades like a commodity. gold - the real thing - i guess you should have some, but this is more like insurance than asset, don't ever sell unless the world is ending stuff.