The fact that it doesn't exist as a physical object is exactly how the feds can be prevented from seizing it. Gold's nice, yes - definite hard cash alternative - but what can you do when the Internal Expropriation Service tracks your purchases, then decides to do a little civil forfeiture because they needed to buy some more crack?
PS: You know what else doesn't exist? Gold in fort knox.
The fact that it doesn't exist as a physical object is exactly how the feds can be prevented from seizing it. Gold's nice, yes - definite hard cash alternative - but what can you do when the Internal Expropriation Service tracks your purchases, then decides to do a little civil forfeiture because they needed to buy some more crack?
PS: You know what else doesn't exist? Gold in fort knox.
Hell, the value the US$ had just 10 years ago.