Quote:
Originally Posted by Peter Knutsen
In what way is gold heavy? How much does $2000 worth of gold weigh?
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About 2 imperial ounces, more than the similar value in bills. Plus, not everyone knows what to do with gold, and it is hard to divide what gold you have into convenient lesser amounts, and it means arguing over the value of the gold, et cetera, et cetera. Seriously, gold is great for large transactions between knowledgeable and reasonably influential people. It's not so great for buying a bus ticket.