Report: A forgery crisis is causing turmoil in the gold industry
Bitcoin fixes this
There is currently a forgery crisis that is quietly roiling the entire gold industry.
Tungsten bars are very similar to the same weight and density as gold, but it is much less valuable.
People have been creating these and passing them as legitimate:
(Source: https://twitter.com/100trillionUSD/status/1186220839915737088)
This is why bitcoin is so much better then gold.
It's a lot harder to create a fake bitcoin than it is to create a fake gold bar.
Once gold holders realize this, they are going to move over to bitcoin in mass.
@tipu curate 2
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