Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by petre on Saturday April 17, 2021 @04:01AM
(#26842469)
Good luck transporting and securing larger quantities of gold and also exchanging it for money. One basically has to declare any quantity in excess of six ounces / 170 grams of gold because it exceeds 10k US dollars / euros.
Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by chii on Saturday April 17, 2021 @05:35AM
(#26842904)
what's wrong with declaring? It's not like it'd be taken from you...unless you illegitimately obtained it.
Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by faffe on Saturday April 17, 2021 @10:50AM
(#26844625)
It can via tax...
Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by McScroogy on Tuesday April 20, 2021 @02:11PM
(#26878507)
If there is a wealth tax, as is being discussed in many places, it could be taken from you.
Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by iso1631 on Saturday April 17, 2021 @08:37AM
(#26843799)
If you carry your bitcoin wallet with you do you need to declare that?
Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by baq on Saturday April 17, 2021 @05:38AM
(#26842918)
paper gold trades like a currency, bitcoin trades like a commodity.
gold - the real thing - i guess you should have some, but this is more like insurance than asset, don't ever sell unless the world is ending stuff.
But gold is not a currency either, so hmmm.
In all earnest, I wonder when the mainstream will realize that in a digital world the store of value and a currency can be different because they are easily interchangeable.
Just like bonds or gold for long term investment (store of value) and dollar (currency).