Replying to Avatar Currency of Distrust

Listened to Luke Gromen on Tucker and was really disappointed he didn’t push back on Tucker when he said gold is more private than bitcoin because “you can move it anytime, anywhere”.

Except for when you have a large amount of gold and you have to hire a ton of armed guards and hope it doesn’t attract any attention.

I love Tucker, but he’s so anti tech without understanding any of it at all. He said that no one is working on making bitcoin private and shows “how much people lie” 🤦🏻‍♂️
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Platinum Bear 10mo ago

I do think gold is more private than BTC.

I think BTCers look at armed guards and armored trucks as only a bad thing. Something that is easy to move can be a double edged sword.

For example, the ETH hack and all the other exchange attacks. To pull something like that off with gold or platinum would have taken a small army and much more difficult to pull off.

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Currency of Distrust 10mo ago

I hear that but is that privacy? Or inability to confiscate? ETH is its own thing. Done right, bitcoin can’t be confiscated either, at least not without a physical attack and coercion.

And on top of that, you don’t have to pay a small army to move it.

All I’m saying is, there are things about bitcoin that are positive when compared to gold. For literally no push back to be given to Tuckers statement was disappointing. But, I don’t think gold is useless and it certainly can be significantly more private, depending on the context.