So my next question is why not hold it yourself. Could they limit withdrawals, like a bank? Is the depository willing to put itself out of business sending out all its holdings?
When you say put out once a year, do you mean they take a pic of the vault and post it haha
Sorry if these seem...
Idk if it has been talked about for those supporting gold are you supporting paper gold or physical. I imagine it’s the second just want to see what the opinion is.
I saw a report saying there is any where from 200-250 paper to 1. I’m assuming the 1 is = to 1 oz. That seems like a big issue to...
I’d also concur i was quoted from multiple transporters for about an hour flight not far from Palmer, ranging $2500 - $3000 per person. These were for draw tags. I know guys that have paid more than that for moose fly ins. A group of us, 5 total, paid almost $6k for two beavers down in kodiak...
So they are pulling a page from the Michael Saylor MSTR playbook [emoji848]
I bet their stock pumps bc of the purchase.
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No I don’t think you are going to starve. There has and will always be levels of monetary wealth.
Idk how the gov would know whose wallets belongs to who, that’s why people have a cold wallets.
The chances of the gov taking fiat from banks is higher then taking btc from a cold wallet. For one...
If I were to put one at the top of risk it would be the individual holder. Keeping it safe is up to the holder. Btc are more often than not lost forever due to people forgetting their passwords, or being careless with how they handle it.
Sure a gov could ban it or tax it to high heaven. A...
Can’t remember if I posted this but got robbed over night. USG funded with $1.2 trillion bill Thursday night.
This isn’t just happening in the US it’s happening all over the world, we’re just lucky to be slightly closer to the faucet.
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Everyone needs a castle to live in, I’d never argue against that. I’d also argue that the house is never really yours, even when paid off you still have taxes on the value, which will increase and the fiat used to pay taxes is debasing, so you are required to work more or take more risk to off...
Well if you’ve been holding gold or silver since 1920 you’d be doing real well but…..
Since none of us were alive over 100 years ago let’s look at a more recent time frame, how about just the last ten.
https://www.nasdaq.com/articles/bitcoin-vs.-gold:-which-one-is-a-better-investment-0
And...
As an advisor I have a question I’m sure you e been asked. For a 30 yo putting into their 401k, and only getting 100% return, and 10% growth, do you think that same person at the age of 65 will be holding enough in their 401k to have a good retirement with the current loss of value of the USD. I...
Japans pension fund is exploring options of adding btc to diversify fund. I didn’t realize their pension fund was the world’s largest.
https://www.coindesk.com/business/2024/03/19/worlds-largest-pension-fund-seeks-information-on-bitcoin-under-the-portfolio-diversification-plan/amp/
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I’ve been real happy with SOL, always want more but I’m in a good spot, still buying btw. All of my SOL ecosystem plays are doing very well also.
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