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Still, how is that more expensive than keeping physical gold?



Why not cast the hashes inside gold bars? Then just keep storing the gold. Btc storage for free.



Its 1.2% a year -- that's expensive. He states Gold ETFs pay approx. 0.08% per year to store bullion (no idea whether that's a correct number though).

But hey, it's better than paying a 2-20% fee to a hedge fund vehicle. Fees are already coming down!




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