Bitcoin is digital Fort Knox

in #bitcoin • 3 years ago

The Bitcoin network is more valuable than the gold held at Fort Knox...

You've likely heard of Fort Knox at some point in your life...

It's a US military base that is used as a gold holding facility that is regarded as extremely secure.

Interestingly enough, bitcoin now stores more value than the gold stored at Fort Knox.

There is roughly $500 million worth of gold at Fort Knox while bitcoin is worth close to a trillion dollars...

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(Source: https://twitter.com/DocumentingBTC/status/1432024058158276617/photo/1)

Bitcoin has never been hacked and is extremely secure in its own right.

It's basically the Fort Knox of digital money...

#crypto #news #steemit #life #blog #investing #gold
3 years ago in #bitcoin by
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     3 years ago 

    BTC and crypto are first instances where the average joe can own unsiezable assets without the expense of having to protect them. Even better than Fort Knox!

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       3 years ago 

      Yep, very good point. That in itself carries tremendous value.

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         3 years ago 

        The US gold inventory has not been audited for decades

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