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by 627467 2007 days ago
Only if you don't care to insure for transporting your gold. If you do care, it definitely would be more expensive to insure a more valuable cargo.

But more crucially, if you need to use extraordinary quantities of gold to settle a transaction (ie. When nation states buy something with their gold reserves) the gold likely won't even move: most of it are stored in "trusted" first world nation central banks like the bank of england.

But then again, with bitcoin you don't need "trusted" central banks.