It requires physical space to store, it needs to be secured, it can be stolen, its value is also determined by many other factors.
It pays no interest & costs $ to store.
you also pay straight income on profits, compared to capital gains.
Also everyone I’ve met IRL who collects physical metal has been profoundly mentally unbalanced.
Yep, if you are going to hoard something physical in the case of a shit-hits-the-fan scenario, then hoard guns and ammo. It will be much more useful than shiny rocks.
if you make say 5k profit on crypto is it taxed as capital gains then as part of income? or just as capital gains? What about if you have no income?
You don’t need the internet and energy to use it and it has many uses besides being a medium of exchange, which shitcoins do not. Silver is the universes best conductor of electricity, unironically you need silver in order to access and use your shitcoins. Crypto will never be money, unless it’s backed by a real commodity. Binance just got hacked btw.
Except what happened when the world loses confidence in fiat, after a collapse people are going to get on their computers in order to barter with someone down the street? Name anything, literally anything physical in the world is more valuable than a shitcoin.
Depends on your country, in some cases you are butt fucked beyond belief with crypto gains and in others they might just tax you as normal income.
Compare it to stocks where you only pay 10% if you hold for over a year and can write off the losses too, that is unheard of in crypto.
All people have to do is look at a silver historical chart to see why its shit. No extra fluff is necessary
Nice try you samefagging bimbo posting degenerate kike.
We know that you know that we know.
Gas yourself kike, you might as well before we tie the rope around your neck
>in case of a shtf
never going to happen, only the biggest wealth transfer in history when we go back to a metals backed currency, as we have done countless times for thousands of years. You idiots really think you can keep lying and get away with it?
This is metals board now kikes and there is nothing you can do about. We don’t trust your digital illusions of wealth anymore.
When did I say crypto was better than silver?
There is no reason to invest in physical silver over just trading it. You lose 6% just because of the ask price.
In the USA