free web page hit counter
What’s never made sense about gold

What’s never made sense about gold

Bitcoin Reddit

More / Bitcoin Reddit 17 Views

Gold has never made sense to me. I get that it has been around a long time. Most of that time there were small gold coins that could be used to transact. These days people who want gold are thinking bars.

Exactly what are you suppose to do with gold bars or even bullion, even if you could store them safe? Perhaps you sell a coin for a pile of fiat? Perhaps you give somebody your coin for a truckload of groceries?

The fact you cannot easily store gold safely or. transact with a small amount of what you may have renders gold a horrible idea.

Bitcoin is easy to store and easy to spend fractional portions without ending up with truckloads of ever declining fiat.

submitted by /u/foomev2
[link] [comments]

Comments