@TheMoneyApe Definitley true with silver. I've been stacking silver since 2011. When it hit $100, I always planned to sell half my stack. Guess what, nobody was paying $100 per ounce. Not even the refinieries. Good thing I didn't put all my money into silver.
Iโve been buying gold and silver since 2011. Today gold hit $5000 and silver hit $100 for the first time in history. Small problem though, I canโt sell it.
Local coin shops either arenโt buying at all or are paying far below spot. So much for โextremely liquid."
Meanwhile, I can sell Bitcoin instantly, at spot price, from my phone or computer.
Just one more fundamental reason Bitcoin is far superior to Gold and Silver.
@PeterSchiff Try selling your gold and silver for spot price today. You can't, they'll offer far under spot value- if you're lucky enough to find a place willing to buy. Bitcoin on the other hand, I don't even need to leave my house and can sell for the market value instantly.
@KamalaHarris Came to read the comments, not surprised or disappointed. @grok what percentage of the comments here are for and against what Kamala is saying here?