Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

This strikes me as obviously untrue.

Gold is drastically more difficult to transact in than bitcoin or any cryptocurrency. Not only is it extremely difficult to create exact change to pay in gold (shaving of milligrams per dollar?) but there is zero infrastructure or education on how to verify that the gold is real. Even modern nation state banks have been fooled by tungsten cored bars of gold.

There are plenty of well established crypto apps that make receipt, verification, and conversion into your preferred cryptocurrencies or fiat currencies instant and effortless.



Interesting point. I don't have anything interesting to say, but maybe you should argue with this other guy: https://news.ycombinator.com/item?id=31933417




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: