I believe the assumption is incorrect. Not life changing numbers I mean. I'm sure plenty have maybe 5 figures in their safe. But beyond that... nah.

> I used to assume all these gold bugs had a horde of gold 

This is my assumption too.

Scoresby

If people bragged about their self-custody gold... believe me. There would be wrench attacks. The thing is... people don't self custody gold. Not at high rates IMO. I used to assume all these gold bugs had a horde of gold but the more I have listened to them most do not self custody any significant amount. Its all in ETFs or custody services. Sure, people have coins but its not like bitcoin.

Its totally doable to custody it but you better be armed, trained, and smart about it. Same goes for bitcoin but I can hide bitcoin MUCH easier and cheaper.

bitcoin

econ

Szabo on current difference between gold and bitcoin custody cost

If people bragged about their self-custody gold... believe me. There would be wrench attacks. The thing is... people don't self custody gold. Not at high rates IMO. I used to assume all these gold bugs had a horde of gold but the more I have listened to them most do not self custody any significant amount. Its all in ETFs or custody services. Sure, people have coins but its not like bitcoin.

Its totally doable to custody it but you better be armed, trained, and smart about it. Same goes for bitcoin but I can hide bitcoin MUCH easier and cheaper.