Gold is a central bank asset

Its useless as money

Reply to this note

Please Login to reply.

Discussion

CB hold 30% and cannot grow in fast - rest in public hands more more DECENTRALIZED than bitcoin

How do you buy food at supermarket with a krugerrand?

How many supermarkets accept BTC?

SPAR (CH)

All. Plenty of cards to use. Fiat is just a foreign exchange to a Bitcoiner.

Well if we are just talking about using cards. Then Kinesis money and Glint app are wonderful options. With Glint, you can sell your gold instantly with any purchase.

The gold is in your custody?

If we are talking about self custody than goldbacks is your best option. Most accepted in the US. But starting to be accepted internationally. There are more gold notes companies being created which has helped the innovation of industry.

https://www.goldback.com/pay-with-goldbacks/

Think i stick with sats.

best Q #acceptance worldwide 0.01% whats matter then nobody use it as payment method since everyone was hoard it or avoid tax events . whole method pf payment is non existence in practice