"If a currency is subject to Internet availability or other technological considerations, it simply is not money."
It's curious how the PM bugs constantly point out the bitcoin flaw of requiring the internet. And sure, it is an infrastructure flaw; looked at in a certain way.
But they never discuss the infrastructure of PMs: armored cars, vault storage and/or private safe purchases and installation, assay, forgeries (tungsten adulteration), governments (especially cross-border difficulties), and on and on. And don't forget those little plastic tubes: they're not cheap. I wonder what percentage of PM sale prices, on average, is lost to all the expenses that build up over the years, when holding PMs? Must be huge...
