The gold looks much more impressive than a paper wallet!
Unless you're moving and have to pick it all up.
Reminds me of a scene from Anger Management (the one with Charlie Sheen)
-Look at how much work has piled up since you started slacking off. (tons of papers on the desk)
-Uh, these are all blank.
-Yeah, I know.
-I wanted to make a dramatic statement, but it's hard when everything's digital (shows him a tiny memory stick)
Only somewhere in the region of 10-20% of gold produced is actually used in electronics, medicine, industry, food, etc. The rest is used solely as jewelry and as a store of value. Which means for all the energy that goes in to mining gold, 80-90% sits and does nothing, either looking pretty as bars locked in vault or looking pretty as a piece of jewelry. Always seemed strange to me.
Yeah, but unlike bitcoin, it doesn't require that much energy to keep it safe.
And a funny thing, to keep the gold even safer, they could simply melt it into larger lingots.
An mc3 of gold weighs about 19 tons, good luck
running away with it
Not only electricity, but also the whole ecosystem of crypto is better for the environment, and it is evolving pretty well in this direction I must say.
None is
better for the environment.
Let's not start it again, simply google coal and bitcoin and you would be surprised how much mining is done with coal-generated electricity.
