Quote from: slapper on June 17, 2025, 09:14:38 AM

Quote from: Samlucky O on June 17, 2025, 03:51:25 AM

Quote from: JayJuanGee on May 15, 2025, 02:47:37 PM

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this line i bolded is the more reason i love bitcoin than gold, because i have thought about how risky it is to stack a huge amount of gold in the house compared to stacking bitcoin worth of billions in wallet, also how risky is to identify if that is actually a real gold. bitcoin is easily sold at ease at the comfort of your zone with one click on exchange via p2p, but selling gold may cost a lot to transport to look for a buyer, and the risk of getting robed along the road is also possible on like bitcoin that is easy and more secured. the price of gold might be manipulated and reduced by the physical buyer to suit him especially in the location where there are no much buyers for him to make profit, but on like bitcoin the price to USDT and fiat can not be manipulated since p2p price of buyers and sellers dont have much price difference, you dont need to stress yourself. another advantage of bitcoin over gold is that in times of war or natural disaster, you dont need to be afraid of losing your bitcoin since you have the seed backed up somewhere, you might even lost access to your phone maybe being stolen or fell off to the beach, after evacuating the location all you just need is to buy a new phone and import your seed an that's just all. but if natural disaster occurs and you have your gold stacked up somewhere, you will never have rest of mind because all your gold may be lost to the disaster or being stolen by people who come across it in anyway. so in general bitcoin is more advantageous than gold. i believe many have never seen it from this angle but if they do, they will have the reason to invest more in bitcoin than gold.

Bitcoin is the first asset that does not care about your physical strength, where you are, or even the trustworthiness of your moving crew. It’s a pure distillation of value and agency. A few words of a string, learned or stored, and the vault is in your head. The old issue of "how to preserve my riches when the world is burning" has become digital. You speak of war and catastrophe. Consider the news in Ukraine, Iran, Israel. Tangible property get stuck, lost, looted, or devalued. Bitcoin? As long as you have your seed, borders become bad jokes and property rights are self-enforced

Gold is trapped by the body. Bitcoin is absolute abstraction. However, the more you bend into this new digital sovereignty, the more you realize that most people still don't trust themselves to hold keys. They outsource it, store it in custodial wallets, they leave it in the hands of exchanges, just as they do with banks and vaults, only with a new technology dressed up. Is Bitcoin then liberation or are we just recreate the same old dependencies? Perhaps it is not only the holding of coins that makes one free, but the ability to handle the weight of complete control (and responsibility) over your own assets, your own future

Quote from: Samlucky O on June 17, 2025, 03:51:25 AM

Quote from: JayJuanGee on May 15, 2025, 02:47:37 PM

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...but on like bitcoin the price to USDT and fiat can not be manipulated since p2p price of buyers and sellers dont have much price difference, you dont need to stress yourself...

Mostly true, yet markets are more psychological than we think. Thin liquidity, exchange failures, panic, all still possible, only in new flavors. But you are right: with a few words you can get out of geography, regimes, thieves. We are seeing the new era of human autonomy. The only catch: you must trust yourself more than any vault, and that's not a lesson that school ever taught

It likely would not be fair to suggest that bitcoin is without disadvantages since there can be some challenges in regards to both knowing how to use bitcoin effectively, protecting oneself and the responsibilities of being ones own bank, for those who choose to hold bitcoin and perhaps also trying to figure out successorship issues, which could be problematic if they keys (or how to access them) are not sufficiently explained and/or left to your chosen successors.