Bitcoin is digital Fort Knox
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...
(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...
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!
Yep, very good point. That in itself carries tremendous value.
The US gold inventory has not been audited for decades