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by datadata 1467 days 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.
1 comments
gbronner 1467 days ago
Intergenerational 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

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datadata 1467 days ago
Sure, I was merely commenting on the cost to physically secure the asset. Necessary (to prevent theft) but not sufficient.
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