Just because it is easier to transport does not mean that bitcoin transactions are more private than private-to-private transactions in gold.

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Depend… How do you acquire bitcoin and how do you spend is the key.

No.. you're talking about anonymity, he's talking about privacy.

#Bitcoin can be made physical, to have the exact same benefits as private-to-private transactions in gold & cash.

If done in the right way, I'd argue it's actually easier to do and verify authenticity...