Trump says that we're going to embrace crypto
(twitter.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (149)
sorted by:
Fuck crypto. Fuck anything that represents my wealth on a digital screen. If you embrace this concept, you're being honeydicked and the rug will be pulled out under you with no recourse.
Weigh the gold and check it dimensions. With a little high school math you can prove it's real.
Well, you can prove the density is correct, but other metals can be alloyed to arrive at that density and then the ingot can be plated.
Then I can drill a hole in it,or take it to my local LCS or call a lead paint inspector and he can shoot it with HIS XRF. If you buy from a good dealer they are good.
Just don't buy at a swap meet or e- bay.
That's weak. You get your gold certified, and it is not difficult to send it through a series of tests. Skin tests, water tests, magnetic tests. There are established physics relating to the weight of gold, and these are well documented. When combined with proper certification, e.g. a reputably and recognizably minted coin, or print on bars with certification, it becomes a high trust precious metal very easily.
Trading in gold becomes difficult, especially if there is no way to mint a currency from your metal, but verifying that your gold is real gold is not very difficult and most gold you would obtain is properly certified in some fashion anyway as you aren't the one mining it and purifying it of impurities.