Comment on In a world going to hell, investors are flocking to gold. Australia could have had much more of it

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DavidDoesLemmy@aussie.zone ⁨5⁩ ⁨days⁩ ago

True. But often when you’re fleeing a war torn country you don’t have a lot of other options. Local currency is often outlawed or devalued. And if you only hold Bitcoin for the X weeks it takes to flee the country, the odds of it imploding in that time are pretty small. There’s more chance you’d lose the passphrase or lose the gold.

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