"Big B" and "little b" for those keeping score. Physical Gold (AU) is the ultimate hedge against the fractional reserve Fiat system (current) and BTC IS a whole new and complete/competing systemhttps://twitter.com/NickSzabo4/status/1157508691903430656 …
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Similar applies in the world of gold. Big-G gold is holding gold yourself & assaying it for yourself. Little-g gold is hoping, where there is such a flight to safety that gold is actually needed, that some strangers properly certify or hold gold for you.
Trust-minimized validation of Bitcoin doesn't require sophisticated chemical assay equipment, it only requires a relatively cheap computation.
