“One of bitcoin’s biggest benefits as an option for internationalizing one’s assets is that it exists only as an abstract computer-driven file. This makes the coin exceedingly durable and easy to transport (or recover) anywhere in the world. In other words, you don’t have to bury a few bitcoins in the backyard, and then dig them up on the offchance you need them, like with gold and silver. Bitcoins are much less bulky than precious metals, a major convenience. Plus, nobody wants to board plane-after-plane to get a considerable amount of gold out of the US. That bitcoin is not tangible bestows upon it special properties. Special properties that neither gold nor silver demonstrate.”
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