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RE: LeoThread 2025-02-13 19:24

in LeoFinance6 days ago

Part 2/5:

One crucial aspect that differentiates gold from Bitcoin is the nature of ownership. Bitcoin is subject to monitoring by governments. Transactions can be traced, and citizens can face taxation, reflecting the reality that digital assets exist at the government's discretion. This perception of Bitcoin makes its holders vulnerable, as governments can exert control over it in various ways.

On the other hand, gold is considered a private asset. When in possession of gold, one essentially holds an asset that is not someone else's liability. This characteristic offers a layer of security and autonomy that Bitcoin does not inherently provide. As a physical asset, gold can be stored and safeguarded against governmental interference, allowing individuals to maintain control over their wealth.