At least for now.
Gold makes a really good wieght belt for diving. It doesn't taste very good but it makes a good filling.
> Bitcoin is easier to carry around, but you can always store gold in a jurisdiction like Switzerland or Singapore, where it is likely to be safe, and where liquidity is no issue.
At which point Gold's lack of auditability comes into play.
Yes, but it’s not like BTC in custody is without the need for audits.
But there's a lot less need to put Bitcoin into the custody of others.
Not when it’s a monetary asset, as this post alludes to.
Huh?
Gold makes a really good wieght belt for diving. It doesn't taste very good but it makes a good filling.
> Bitcoin is easier to carry around, but you can always store gold in a jurisdiction like Switzerland or Singapore, where it is likely to be safe, and where liquidity is no issue.
At which point Gold's lack of auditability comes into play.
Yes, but it’s not like BTC in custody is without the need for audits.
But there's a lot less need to put Bitcoin into the custody of others.
Not when it’s a monetary asset, as this post alludes to.
Huh?