Historically speaking, gold is the most enduring store of value asset the world has ever known. However, there’s a new kid on the block in the form of Bitcoin. Whilst gold served its purpose in the days when taking a trip outside of the borders of one’s home country was a serious undertaking, the modern world is starting to make the precious metal look dated. In an age where technology allows people and information to travel much more readily than ever before, shouldn’t value be as easy to move too? Brazilian Man Arrested for Travelling with Gold Gold’s shortcomings have once again been exposed today. According to a report in Dutch publication AT5, authorities arrested a Brazilian man carrying around 15 Kg of gold, worth almost $800,000, in his luggage. The man reportedly struggled to explain why he was carrying such a large quantity of gold. He was, therefore, detained. In addition to the gold, authorities confiscated around US$750 and his mobile phone. Investigating the case are Dutch Customs and the Fiscal Information and Investigation Service. I’ve walked into airports with more #bitcoin inside of my mind and have never been arrested.
![]() ![]() Via https://www.newsbtc.com/2020/03/06/golds-a-great-store-of-value-if-you-never-need-to-flee-a-country/ |
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