Replying to Avatar Mags

Fort Knox > Mt Gox

425 billion 450 million

This could be the biggest rug yet

Ironic if Bitcoin crashes this cycle because of lost/stolen Fort Knox gold, leading to a major risk on event
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William ₿ Travis 10mo ago

Bitcoin crashing means a flight back to the dollar. If there's no gold, a flight to the dollar seems insane. it should be flight to the best asset.

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Mags 10mo ago

It does seem insane, but people flee assets that are 1) liquid & 2) have a perception of stability, so I think initially BTC would still draw down with a risk event like that

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William ₿ Travis 10mo ago

I get it, but it's still insane.