The real question is why you are fooling with Gold in the first place. Gold is expensive to own, verify, transport, etc. Fuck Around Find Out
Why is it a higher percentage markup to verify a small amount of gold’s authenticity, if small coins are more likely to be legit?
Using nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a's example of a $100 gram coin costing $150 versus a $2000 ounce coin costing $2100…
Is it that the verification process costs around the same regardless of the gold’s weight?
#asknostr
#gold
Discussion
Lol. Didn’t say I’m holding it. Asking out of intellectual curiosity
That’s your argument? Do you know how expensive one bitcoin is to own, verify, and transport?
Bitcoin self custody, verification and transport would objectively be less than $100 if you went past phone app storage.
I would think it’s the value of one coin. Because verification and transport is inherently in the product, so premium is inherently in the product. You can’t separate any of those from the product.