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146 sats \ 4 replies \ @billytheked 5h \ on: Lifting the Lid on the Birth of the Gold ETF | Alchemist bitcoin Stacker_Stocks
No. Institutional investors have always wanted allocated gold in their ETFs as it is more secure and they want to be able to see it is there in the vault.

more secure? #1415905. I wonder how much said investors actually 'see' any gold.

It cannot just be wiped out on a computer screen.

So close yet so far away.

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0 sats \ 3 replies \ @siggy47 OP 5h

I know. These nuggets are priceless

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111 sats \ 2 replies \ @SimpleStacker 5h

Eh. I'd consider him an ally at this point.

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54 sats \ 1 reply \ @billytheked 3h

I'm not disagreeing with the general point, but why raise this issue wrt bitcoin and then contrast it with gold? It was either stupid or disengenuous.

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0 sats \ 0 replies \ @kepford 2h

It is funny.

  • Is it easier to confirm control of bitcoin or gold?
  • Is it cheaper to secure bitcoin or gold?

I can do both of these without a trusted third party with bitcoin.

What if all the computers are killed?

DO you really think that level of disaster would not affect how has your gold in vaults for you? You really think that contracts will survive?

Gold has some advantages but they over-sell it and undersell bitcoin IMO.

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