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RE: Bitcoin is the Grim Reaper standing tall over the corrupt Bankers! The Gold & Silver market is about to EXPLODE.

in #bitcoin7 years ago

Insightful, thanks, you have my UV. Can you explain what the differences are beteen paper gold and physical gold?

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Physical gold you hold in your hand. Paper gold is a certificate that says you own one ounce of gold......the problem is there are 300 people all holding a certificate for the same one ounce of gold.

Yea I understood the first part, just crazy that one ounce of gold can be owned by 300 people simultaneously. Why would you ever buy a certificate then?

Never! I would rather buy dirt in a jar.

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