Replying to Avatar a source familiar with the matter

$300k of gold coins is about 10 pounds at current prices and can be stored in a home vault or transported in a suitcase.

There are fractional options for gold like combi-bar (1g pieces, worth maybe $70 at current prices), goldbacks (1/1000tz pieces worth around $4 at current prices), & digital transfers.
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bomboriver 2y ago

Dont make me laugh... would you really go around with 300k worrth of gold? Ridiculous

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bomboriver 2y ago

Would you really have a vault with staggering security to store 300k worth of gold in your house? Come on...

I am a super normal pleb and i can have 500k worth of bitcoin in my possession and still travel the world with it ... just needing a piece of paper with 24 words

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a source familiar with the matter 2y ago

Honestly this is something in mainstream economics I don't understand

Supposedly people trusted the banks because the paper notes were more secure than the gold

Which I guess could be true for a check but certainly not for bank notes, since if someone steals the paper notes they get the gold

So how does carrying your seed phrase on a piece of paper make things more secure? I guess you could only carry part & memorize the rest, or just carry a hint