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The cost to store crypto is quite negliable compared to the cost to store gold. Easy to hide a billion dollars of bitcoin on a USB stick for 10 years. Good luc
by datadata 4y ago
The cost to store crypto is quite negliable compared to the cost to store gold.
Easy to hide a billion dollars of bitcoin on a USB stick for 10 years. Good luck storing a billion dollars of gold, you couldn't even physically move it by yourself.
- deleted 4y ago[deleted]
- gbronner 4y agoIntergenerational wealth transfer is far from assured. A billion dollars worth of cattle could die. Gold could be stolen. Bitcoin might be irrelevant. Wampum didn't do so well either
- datadata 4y agoSure, I was merely commenting on the cost to physically secure the asset. Necessary (to prevent theft) but not sufficient.