If Bitcoin is digital gold, then what role does it serve in a world where tokenized gold exists?
you have to trust the custodian, the issuer, the legal system behind it
it can get frozen, seized
custody is expensive
I don’t think tokenized gold brings anything else that didn’t exist before (ie. a digital paper representation of ownership) apart from accessibility
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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