He needs a pawn shop buddy.

💯 You can just do what you want with bitcoin.

Not sure what locale you live in that you can't quickly offload precious metals for a much better price than 30% below spot... this account of the current situation is not the case that I've seen...

Looks like Dallas Gold and Silver is only buying luxury watches, gold and diamond items right now. No mention of silver.

This seems satirical, I hope they find the Bitcoin way

You always sell metals for spot, in the current environment you could probably catch a small premium.

Hard to not sell for many 😂

Much easier than trying to buy it.

Now imagine being taxed on unrealized gains of that value, like some countries want to do.

Its the same with silver coins. 10-50% below spot. Lol.

When it will be easier to spend bitcoin than sell them, we will win.

Where I live there are plenty of obstacles to invest in real, non-inflationary things but selling specie is actually not a problem, there is a decent market for it and you sell and buy it anonymously up to a certain fiat value per day - so there's no limit if you have enough time and small enough denominations like ounces of silver or maybe half or quarter ounces of gold. Buying bitcoin without KYC is essentially impossible except from private contacts which I certainly don't have so a quick trip over the border is necessary for that. The only good thing the EUSSR ever did was to enable crossing borders relatively unmolested so people, like smugglers and criminals, take wads of cash across borders to use foreign ATM limits of buying BTC anonymously. Thank you, President Nixon and everyone who messed up before him, we didn't want that gold standard anyway.

I'd say buying and selling BTC without passing a KYC process is way easier than buy/sell gold or silver with no KYC processs

How?

You pay a premium when you buy, (which is the dealers profit) you sell for Spot. If you sell to a dealer they will charge the next person what ever their rate is over spot. $150 or $200. If you’re selling to an individual, you have the ability to ask for a premium over spot.

I believe you, I'm saying it's the other way around where I live, which is outside the US.

Yes tied up and never sell

So easy a CaveMan could do it

My only caveat is the fact that we've been dribbling at 90 for so long. Feels like chicanery is afoot. Then again, that was the case for silver and gold for decades. V curious. Much wait. Moon soon. Also fuck the Fed.

Strange. I've never had this issue with metals, but I live in a place with a lot of interest in old money. The dealers are fair, generally charging and paying very close to spot.

System is set up to make you NOT sell hard assets .. besides the natural hassle of selling .. physical or digital ..there is tax event too (ten to 15 percent ) .. Transaction costs (4 to 6 percent in Real estate ) .. and then exchange costs ( escrow , intermediary) .. then ownership fees ( title , insurance ) .. put together it is almost a third of value .. So .money should be very careful getting into an asset . .. hodling is best strategy ..