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A comment on The Cryptocurrency Industry Is 'On the Brink of an Implosion', Research Says. Parent comment

Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by wheels on Monday October 15, 2018 @12:59PM (#18221437)
You're off by more than an order of magnitude. $50 million is 3,382 lbs (1534 kg, 1.6 US tons) of gold at current prices.
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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by umanwizard on Monday October 15, 2018 @01:26PM (#18221682)
You're right; I was calculating based on the per-troy-ounce price, thinking it was the per-gram price. Thanks for pointing out my mistake.
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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by Scoundreller on Monday October 15, 2018 @02:07PM (#18222079)
Your point is still valid: it’s difficult to carry enough gold on your back to survive the rest of your life in the comfort that you’re used to.
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