Turing did exactly that, investing in 150lbs of cold, hard silver
Results?
> 100% loss
Worse than Newton’s trading
100% of Turing’s Silver was stolen, plus he paid extra to hunt for it
Tangibility is horrible for safety against seizure, no matter whether the thieves are governments or petty criminals
Horrible anti-seizure protection
Not just horrible, but literally the worst.
Non-trivial amounts of precious metals are the #1 most detectable thing, by plain old metal detectors that are everywhere these days, and regularly get stolen and seized
A store of value that is horrible on the seizure?
What’s the point!
Admit it, the point is you just like to touch it.
The more you like to touch it, the harder it’s going to be to hold onto.
There’s a reason why legit crypto, especially when used properly, is huge.
Anti-seizability is the #1 most important factor when planning for worst-case scenarios.
Legit crypto dominates here.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Results?
> 100% loss
Worse than Newton’s trading
100% of Turing’s Silver was stolen, plus he paid extra to hunt for it
Tangibility is horrible for safety against seizure, no matter whether the thieves are governments or petty criminals
Horrible anti-seizure protection
Not just horrible, but literally the worst.
Non-trivial amounts of precious metals are the #1 most detectable thing, by plain old metal detectors that are everywhere these days, and regularly get stolen and seized
A store of value that is horrible on the seizure?
What’s the point!
Admit it, the point is you just like to touch it.
The more you like to touch it, the harder it’s going to be to hold onto.
There’s a reason why legit crypto, especially when used properly, is huge.
Anti-seizability is the #1 most important factor when planning for worst-case scenarios.
Legit crypto dominates here.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯10😱3👏2😁1😐1
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NOW: 50-150 Chicago residents actively looting a train car, stealing what appear to be TVs and other goods
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀10🌚4❤🔥1