5 Comments
User's avatar
Eugine Nier's avatar

> 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.

Expand full comment
Ignatius of Maidstone's avatar

Yes, but it’s not like BTC in custody is without the need for audits.

Expand full comment
Eugine Nier's avatar

But there's a lot less need to put Bitcoin into the custody of others.

Expand full comment
Ignatius of Maidstone's avatar

Not when it’s a monetary asset, as this post alludes to.

Expand full comment
Eugine Nier's avatar

Huh?

Expand full comment