RE: Gold has Limitations that Bitcoin Helps Fix.

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Gold has Limitations that Bitcoin Helps Fix.

in bitcoin •  7 years ago 

How difficult is it to buy and actually hold the gold yourself? I have no knowledge of this area but my understanding is you're given a ledge, basically stating that some bank holds your gold right? Is this considered more secure than buying a safe and storing the gold at home?

I've always wanted to own some gold, just to hold it I guess. But thats basically what bitcoin and ethereum are for me. I've got these USBs and pieces of paper hidden away and stored securely which I know have a decent worth.

Collecting things is fun, mostly I do it in virtual currencies but I'd love to be able to see a small pile of gold growing over the years in my cupboard

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I buy physical Metals and have exchanged gold/silver for cash from the very same companies I bought the Metals from. I buy from Provident Metals.com, and jmbullion.com. I sell Metals back to Provident Metals when I need some cash. It usually takes 5 to 7 days from the day I call them to get my money directly deposited.

Lmfao you got USBs and paper.... well thats the main issue.... youre holding forms of fiat.... the pleasure you get from holding real physical gold can never compare to holding a usb.... i find it funny ppl going from one fiat to another and failing to realize what real money is (gold and silver).

It is easy to buy gold yourself.

Jmbullion is a great company