Until you can send gold across the planet faster than you can send value with bitcoin, then bitcoin is king.
You are viewing a single comment's thread from:
Until you can send gold across the planet faster than you can send value with bitcoin, then bitcoin is king.
Actually, you can - it's called, "GoldMoney." And, it's WAY faster to use than BitCoin.
Does the actual physical "gold" get there faster than bitcoin? No? oh ok didn't think so lol
Is the BItCoin transaction done as fast as a credit card transaction, AND 100% backed by physical gold? No? Oh, ok, didn't think so! LOL
Are we still taking about gold vs bitcoin or did you hurry up and switch the convo to bitcoin vs credit card transaction? "oh ok i didnt think so! LOL TRUCE oh and also by the way, i hope you are not saying that a credit card transaction is backed by gold because if you are then you are far more lost than i first imagined lol
GoldMoney offers transactions, 100% backed by gold, used just like a credit card. So, yes, that's exactly what I'm saying.
Your GoldMoney trust can't be confiscated by the government because GoldMoney maintains $2 Billion of physical gold, silver, platinum, and palladium in INSURED vaults, in Zurich (Switzerland), London (United Kingdom), Hong Kong, Singapore and Toronto (Canada), and does business in over 150 countries. Unless somebody got all of those countries to work together at the same time, to sieze your gold, I think you're far, far safer than the average crypto exchange. For the average guy, I don't see any "government siezure" happening. I mean, maybe it would happen to somebody like... Osama Bin Laden. But, if you're not planning on becoming one of the top 10 most wanted terrorists on the globe, you shouldn't have a problem.
But, obviously, your brain can be damaged - by any number of things: car accident, brick, high fever, etc. However, I generally find that lack of common sense is the most brain-damaging event most commonly suffered from.