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Replying to @fernandoulrich
The symbols, the ETFs, and the exchanges are neither the actual gold or the actual Bitcoin though. To get the full benefits of either you must hold them directly.
5 replies 2 retweets 84 likes -
Replying to @NickSzabo4 @fernandoulrich
Third party custodial risk is real!
1 reply 0 retweets 4 likes -
Replying to @DougFMoeller @fernandoulrich
And the more people need flight-to-safety assets - i.e. the less safe the financial world is -- the more third-party custodial risk matters.
1 reply 0 retweets 17 likes -
Replying to @NickSzabo4
Sure, I was referring to the base commodity though, bitcoin and Au.
1 reply 0 retweets 7 likes
You used the exchange symbols $BTC and $XAU, which represent exchange-based bitcoin book entries and brokerage-based gold ETF book entries respectively, so it was in need of clarification. Sorry to be pedantic but it matters.
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