105. Fiat Money and Debt Slavery with Tom Woods
The Bitcoin Standard Podcast
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Bitcoin vs Gold
In terms of exchanges, yes, it's true. I think probably more than half all the bid coins out there are stored with custodians. But bitcoin offers us a realistic alternative to that, where you can actually take your coins off and keep sending them. With gold, you don't have this ability to take your gold off the system and just continue to trade it with the rest of the world. No, you can pay your supplies, and you can't get paid from your importers,. You can send, you know, a billion dollars worth of bitcoin to china in a couple of hours.
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