physical GOLD more DECENTRALIZED than bitcoin onchain #factstr
Discussion
But absolutely useless for transacting with anyone.
correct - it is NOT medium of exchange for remote exchange
it can physically exchanged after WW3 starts - nuke is dropped - all power + internet is gone
Well even for local exchange etc. To barter with is impossible due to denomination issues, to swap for fiat costs % for commissions... Basically it's useless.
local hand 2 hand barter bitcoin is same like gold grain exchange in person when EMP is droped in ur neighborbood - coldcard sats card only only so long comm outage is up again
topic is DECENTRALIZATION not medium of exhange
It's good to be prepared, but I don't want to barter a Krugerrand to buy a loaf of bread...
again the topic
bitcoin is best for that not until WW3 / EMP / u standing amazon or sahara with your seed
topic is post - not barter not exchange not anonmity
#DECENTRALIZATION
Well, I don't believe in nukes/ emp weapons, so think I'll be fine. Mad Max was a funny film though
again not the topic - #decentralization is what stated
physical gold has hodlers worldwide than bitcoin (also not need any electronic device to hodl or swap or tech knowledge)
I can swap sats with anyone with a mobile instantly and low cost and any denomination. You can't do that easily with gold. Admittedly, you can swap for fiat if needed in most places, but you pay commissions and it can take some time. You then need to use fiat to transact.
what does the word "decentralization" has to do with this?
bitcoin seed is worthless when u cannot send it via sat or node or no power warzone
It retains it's value and not so easy to confiscate as gold.
bitcoin is more easy confiscate n block
chainnalaysis has done shown many times
gold confiscate each individual is not easy
we not discussing TRANSPORT / MEDIUM OF EXCHANGE
topic is #DECENTRALIZATION of HODLERS worldwide
sure! Go and confiscate Satoshi's Bitcoin then!
IRS chainanalysis other need looking in future for it when spend back onchain again
that how they seize bitcoins or seeds
nostr:npub1zsyt45zfh2u28zuhvp66lljp8s6jrwlw7ckvfn34255e7jt37t9qx0xwsm then send ur SATS for lawyer who is defending them = since their SATS are confiscated already
Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses
Wednesday, April 24, 2024
This is ONE case, in EVERY case if you are arrested, you lose your gold. Also you can't even change country with your gold. The gold is stuck!!!
When police raid your house, they can confiscate gold easier than words in your head. This is a fact.
send me some fine unzes now pls. or send me some sats
easy of transport - nothing to do with dectralization
in fact all sats n coins can be easily traced - most dumbcoiners does not know that
- store of value
- medium of exchange
--- DOES NOT DECIDE DECENTRALIZATION or ANONYMITY - maxis can put head in sand and bark for decades
that's not centralization, that's fungibility
not discussing that topic - it was not original statement
gold has a 5000 year time span of getting decentralized. now extrapolate that to bitcoin and check how decentralized it will be. Now send me some fine unzes. I did not say it is as decentralized as gold right now. but the whole point is it is useless for gold because it will never become a medium of exchange again in the digital world we living in.
Trace my sats i am gonna send you with ecash over ln.
out of topic - #dectralization- few hundred followers calle not same millions of physical hodler
how many user base how much capacity LN 5000BTC not moved for 5yrs
100BTC is circulating in nostr
how much capacity do you need in ln network when 1 sat = 1 dollars. you compare gold which has a head start of 5000 years with an 16 years old better version. You do not need calle to run your own ecash mint!
not the topic
you compare apples with pears.
decentralization has nothing to do with - medium of exchnage - u didnot read it i guess
Of course it has. An easy to use medium of exchange has the ability to become decentralized within a few years. Gold needed 5000years to become as decentralized. Bitcoin can do that within severals years maybe decades, because it is an easy medium of exchange.
READ THE 1ST STATEMENT - REST ALL IS DIVERTING THE TOPIC
WE NOT DISCUSSING MEDIUM OF EXCHANGE OR STORE OF VALUE AT ALL
thats simply a dumb quote. you dont get the point that an easy to use medium of exchange will change that fact of an asset which has an head start of 5000 years. Dont fool urself
"HOW MANY PEOPLE WORLDWIDE GRASSROOT LEVEL HODL / UNDERSTAND IT"
thats the topic
not how many salvador or saylor hodls in they pocket
So show me some proof of how much gold is decentralized. Do you trust your centralized sellers or did you solve the oracle problem? I am waiting for some numbers.
only if u have eyes - search see urself - how can show to orange blinded person?
did you audit the central banks around the world. i dont think so. dont trust verify. have a good night. nice dialogue 🤟
that where ur brain infested with orange virus no ability to read.
65% of physical gold is NOT held by CBs at all
by grassroot people in 200+ countries
You dont get the point. You cannot verify that by yourself, so your so called decentralization of gold is only an estimation bro. chill out. wanted to zap you but thats not gonna work either
ur didnot get the point that only 1000+ in einundzwanzig vs 5 to 50 million germans gold HOLDERs
Many people hold bitcoin outside of this group. With gold, nothing is verifiable - only central banks claim to hold but nothing verified. 
Can you prove that?
if u own marco research u will see it
if it NOT in any central gov or banks DB in fact
est data collected from overall movement from refinary , customs n balance of trade data - even bulk of underground market no data that why more DECENTRALIZED
bitcoin will become centralized offchain shitcoin - LN dogs with 5000 to 7000 btc will barking lounder in nostr n x at maximal vocal strength
calle will selling nuts in his 80s
I get your criticism of Bitcoin and the offchain garbage and nut stuff. However, we have no idea about gold, it isn't even being used as a monetary asset and we have no idea about how decentralised it is because it's not verifiable. Do we also know how much is tungsten?
Bitcoin is currently the most decentralised and this is on chain verifiable.
can u tell why germans are trying self-custody ? not swapping it for bitcoin seed?
do u know insider in frankfurt AM
Did you check that by urself or do you trust the media now? 🥱
einundzwanzig - how many are involved in that 100? 200? 100?
out of 83 million germans and ppossible 50million german gold hodler
and how much gold do these 50 million hodl? show me the numbers
did it urself
show me how many in einundzwanzig?
first go figure why bitcoin is NOT LISTED OR DISPLAYED https://www.bundesbank.de › de › bundesbank › geldmuseum
even KEP stone is shown in there , also wood , shells
once i get reasonable answer i raise ur credibility until take german shepard barking loud digitally
Bitcoin is P2P and not bank asset
yup - 100% my friend - trend is reversing more more bitcoin supply in falling into hands of oligarchs n centralized wallet there by killing DECENTRALIZATION
gold exact opposite happening - CBs cannot buyback from own citizens grassroot levels until they send them to Auschwitz n seize from them - the hold bulk jewellery
ETF CBs are full of frauds
Waaaat! You can't even prove any goals ownership
All your points are useless because you trust governments and central authorities reporting gold ownership. Your decentralization of Gold means shit if your not able to get it out of country in case of 1602. In a digital world bitcoin can be even more decentralized than gold within weeks if we switch to a bitcoin standard. Setting up a wallet and receiving coins is done within seconds.
nobody telling whom to trust - u head full of garbage filled by some dumbcoiners u never even how little ur group is compare mainstream germans - keep ur head in SAND keeping succking saylors dick barking 21m all day
16years u n friends achive nothing to attart masses - not that easy as said ! only few tech nerd will do like us - same linux after 45 years only 5% worldwide users
when next gaestapo raid take u n ask ur seed hand it over or else...
einundzwanzig member has 0.001% of 83million germans i bet on that ! report back after 10years how many join
ed amboss einundzwanzig member - the number never go up more 15% max - where german gold hodler are more 50million+
when carry seed to heaven donate some to god's charity - i think they ACCEPT it over there
u need deposit ur sats n coin to micheal saylor get ur brain washed with more orange shampoo
nobody saying gold is better in all aspect - u learn how to read before commenting - u remarks r usless since u not have brain to read a statement
Great thread by Capt Jack. Totally reminded me how Gold is a useless relic for central banks.
sell your BTC for gold. problem solved.
nobody selling BTC or telling gold is better than BTC
it the dumpcoiner will less brain barking about without understanding - what is decentralization or how much % of BTC is now CENTRALIZED and can be traced
bait to see who read who knows how much in depth about either bitcoin or gold supply
mostly idiots are responding without reading so far in nostr