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/biz/ - Business & Finance

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>> No.56430070 [View]
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56430070

>>56429909
I like having 1 oz coins (or maybe smaller) because then I can just use them directly to buy stuff, like say an old computer system. That transaction remains out of the system, it's only between me and the computer seller. There are no records, taxes, nothing.
With big silver mass, it gets more messy, you have to cut up a bar or gold coin into pieces. But the silver coins are already the right size and self-contained standardized units. They're the perfect form of money.
I bought some kilos and even bigger silver, but probably should have just stayed entirely with 1 oz and junk. It's overall more useful this way.
As for gold, well it's just not that practical unless you're buying huge stuff like a car, land, or house, but those big things are already tracked very closely by the government regardless of how you pay for them. So gold, yeah it's nice to store wealth, but ultimately not as practical for using as money in most cases (because nobody spends that much very often). And this is why probably they'd prefer you to buy gold rather than silver.

>> No.51718777 [View]
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51718777

It became too complicated, and then used as a means to spy on, influence, and control people.

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