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A comment on $34M permanently locked into AkuDreams contract forever due to bad code. Parent comment

Re:$34M permanently locked into AkuDreams contract forever d... by dcolkitt on Saturday April 23, 2022 @02:10PM (#31136722)
The vast majority of gold speculation (well before blockchains existed) is not based on the actual price of gold, but rather what $EXCHANGE says is the price of gold. Very few gold investors are holding physical gold.
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Re:$34M permanently locked into AkuDreams contract forever d... by cuteboy19 on Saturday April 23, 2022 @03:03PM (#31137307)
The actual spot price varies city to city and even dealer to dealer, just like any other physical commodity. But because gold is relatively liquid it is unlikely that this difference is too big, otherwise it allows for an arbitrage opportunity
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