Corbin on Nostr: Although #gold was the best money humans had, it has many flaws Gold is costly and ...
Although #gold was the best money humans had, it has many flaws
Gold is costly and dangerous to keep and secure or transport. It is easily confiscated and easily seized.
Gold is a spoil of violence and war.
It is difficult if not impossible for the common man to verify the authenticity of their gold. Even if it looks like a government made coin.
If your gold is real, it is not easily divisible.
All leading to centralization, corruption and the use of less desirable forms of money.
Bitcoin fixes this, study #bitcoin
https://www.youtube.com/shorts/UOIVkTjOvo8Published at
2024-08-30 21:28:49Event JSON
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"content": "Although #gold was the best money humans had, it has many flaws\n\nGold is costly and dangerous to keep and secure or transport. It is easily confiscated and easily seized.\n\nGold is a spoil of violence and war.\n\nIt is difficult if not impossible for the common man to verify the authenticity of their gold. Even if it looks like a government made coin.\n\nIf your gold is real, it is not easily divisible. \n\nAll leading to centralization, corruption and the use of less desirable forms of money.\n\nBitcoin fixes this, study #bitcoin\n\nhttps://www.youtube.com/shorts/UOIVkTjOvo8",
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