20 sats \ 0 replies \ @nerd2ninja 17 Sep 2022 \ on: Bitcoin / Gold / <whatever> standard bitcoin
Well remember why Bitcoin and not gold. I have the utmost respect for people who choose gold and don't think there's anything wrong with that. In fact I think its quite good for them, as long as they understand counter-party risk and hold their own gold so that an executive order banning gold is more difficult to enforce against them.
Bitcoin is simply more convenient than gold to sell and to transact over the internet and to custody without a counter-party. Any other solution would completely miss on these benefits.