That’s why Bitcoin dips so fast anyway. It’s very easy to sell, a feature not a bug.

Liquidity is a feature, not an afterthought. People mistake 'physical' for 'safe,' but if you can't exit at fair market value without a middleman taking a 30% cut, you don't own an asset—you own a liability. Bitcoin is the only way to carry weightless value across the event horizon. ⚡️

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

They're talking about previous metals right? Maybe they are retarded? Gold and silver are extremely easy to trade in real life. But only a retard would try to sell them to back to refineries, dealers, or banks for a profit. Refineries dealers and banks will always pay the lowest price possible and charge the highest price possible. Retards trying to scam scammers instead of using it for trade doesn't actually prove anything except that retards are retarded.

Oh ok it's about silver. Its annoying how pictures always get badly cropped on nostr and you have to enlarge them to see the whole image. But this person is retarded. Anyone with a brain would melt the silver down and make jewelry. It's called value adding. And only a retard would think that selling silver to a bank or silver dealer could ever be profitable. Retards don't understand that the whole point of banks and dealers is to exploit people and pay the absolute lowest price they can to make profits reselling.

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.

Bought some gold coins first when I got on the hard money train, very quickly realized Bitcoin was the way. Eventually sold my gold coins, was the worst process ever (pretty much above) and made me realize I was making the right choice

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 ..