My concern about REAL crypto

[ShepardHumphries]

<div class="bbWrapper">When I say &quot;real&quot; crypto, I mean stuff like BTC, Monero etc.<br /> <br /> Meth and BTC currently both have value to some people, and this subjective value in the marketplace creates the &quot;price.&quot; My concern is that in 5 years, once the central banks have their own centralized &quot;cryptos&quot; rolled out, both meth and BTC will likely not be &quot;legal.&quot; We have learned from meth (already illegal), prostitution and the marijuanas, that a thing that is illegal can still have value in the marketplace. <br /> <br /> My concern is that the pimp, BTC user and meth salesmen will need to have some real cojones to do their thing... (My concern is <b>not</b> about the goodness or badness of any of these things... it is about the risk assessment for trading in that thing of value) For the record, I don&#039;t have any interest in meth.</div>

 

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[RussRussman18]

<div class="bbWrapper">The cryptos developed by the banks are going to be much more convenient for the average person than monero etc. This alone is enough for them to have majority market share. Add in ever-advancing transaction-tracking tech a la the IRS (seriously, they can extrapolate a lot more than you think), and laws banning non-bankster crypto. Well, it&#039;s not hard to see where it will go</div>

 

[Speculatooor]

<div class="bbWrapper">Crypto will be regulated, not banned. Check FATF report on digital/virtual assets. Coinbureau also did a video on it.</div>

 

[Kak]

<div class="bbWrapper"><blockquote data-attributes="member: 69618" data-quote="KAIZOS" data-source="post: 978261" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978261" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978261">KAIZOS said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Crypto will be regulated, not banned. Check FATF report on digital/virtual assets. Coinbureau also did a video on it. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Vaccines will never be mandated either.<br /> <br /> Look. I agree with you that crypto is good, and it should go up over time. But statements like this, show confirmation bias. You don’t have a crystal ball and can’t definitively say that it will never be banned. China did and we are only 10 steps behind them in the US.<br /> <br /> You understand that crypto is a solution to untrustworthy monetary policy… But you simultaneously trust the government to do what they say.<br /> <br /> It absolutely is exposed to this risk.</div>

 

[doster.zach]

<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 978267" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978267" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978267">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> It absolutely is exposed to this risk. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> I think there will always be a few cryptos in the mainstream. Some with a little less privacy and anonymity for convenience sake.</div>

 

[Kak]

<div class="bbWrapper"><blockquote data-attributes="member: 100104" data-quote="doster.zach" data-source="post: 978269" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978269" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978269">doster.zach said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I think there will always be a few cryptos in the mainstream. Some with a little less privacy and anonymity for convenience sake. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I’m sure even with an outright ban there will be a massive black market for all of it. They’ll exist, but it will certainly hurt the price.</div>

 

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[doster.zach]

<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 978270" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978270" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978270">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I’m sure even with an outright ban there will be a massive black market for all of it. They’ll exist, but it will certainly hurt the price. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> Oh for sure. Every regulation the U.S. would put on Bitcoin would drop the price immediately.</div>

 

[Antifragile]

<div class="bbWrapper">Anyone who holds an extreme position on either side of this, is wrong. <br /> <br /> People who think BTC will be banned and will lose most of its value. Wrong.<br /> People who think BTC is the <b>new world order </b>currency. Wrong.<br /> <br /> Reality is far more complex than that. Maybe Bitcoin will be banned in the USA, but then if it&#039;s accepted as reserve currency in poor countries, it&#039;ll make USA regret the ban. <br /> <br /> Remember: government taxes you in fiat money. They will charge you taxes in whatever their money is - fiat. Crypto has its place but it will not replace the USD without a revolution.<br /> <br /> As far as predictions for the future. Be fearful when others are being greedy (and vice versa). Good luck.</div>

 

[MTF]

<div class="bbWrapper">Lol banks can go and shove their cryptos up their a$$. Same with governments. Nobody serious will buy crypto that isn&#039;t really decentralized.</div>

 

[Kak]

<div class="bbWrapper"><blockquote data-attributes="member: 55234" data-quote="Antifragile" data-source="post: 978272" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978272" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978272">Antifragile said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Anyone who holds an extreme position on either side of this, is wrong. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>How is my paying attention to that possibility “extreme?”<br /> <br /> I think calling my position of giving attention to that possibility extreme is extremely bullish and therefore extreme. <img src="/community/imgs/emoticons/em-smile.png" class="smilie" loading="lazy" alt=":smile:" title="Big Smile :smile:" data-shortname=":smile:" /><img src="/community/imgs/emoticons/em-thumbsdown.png" class="smilie" loading="lazy" alt=":thumbsdown:" title="Thumbs Down :thumbsdown:" data-shortname=":thumbsdown:" /><br /> <br /> Remember. I’m not a bear. Just a realistic bull. I own, and am building, a sizable position in coinbase.</div>

 

[RussRussman18]

<div class="bbWrapper"><blockquote data-attributes="member: 5905" data-quote="MTF" data-source="post: 978315" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978315" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978315">MTF said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Nobody serious </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>By which you mean, people who don&#039;t understand concepts like data security, decentralization, fungibility, software ethics, etc.<br /> <br /> AKA, 99% of the population</div>

 

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[MTF]

<div class="bbWrapper"><blockquote data-attributes="member: 41018" data-quote="RussRussman18" data-source="post: 978320" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978320" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978320">RussRussman18 said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> By which you mean, people who don&#039;t understand concepts like data security, decentralization, fungibility, software ethics, etc.<br /> <br /> AKA, 99% of the population </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> None of these people invest in crypto anyway. When its time comes for 99% of the population, it will be way easier.</div>

 

[Antifragile]

<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 978317" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978317" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978317">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How is my paying attention to that possibility “extreme?”<br /> <br /> I think calling my position of giving attention to that possibility extreme is extremely bullish and therefore extreme. <img src="/community/imgs/emoticons/em-smile.png" class="smilie" loading="lazy" alt=":smile:" title="Big Smile :smile:" data-shortname=":smile:" /><img src="/community/imgs/emoticons/em-thumbsdown.png" class="smilie" loading="lazy" alt=":thumbsdown:" title="Thumbs Down :thumbsdown:" data-shortname=":thumbsdown:" /><br /> <br /> Remember. I’m not a bear. Just a realistic bull. I own, and am building, a sizable position in coinbase. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> Holding an extreme point of view is not the same as being aware of possibilities for outliers. I shouldn&#039;t have to teach you that <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a> <img src="/community/imgs/emoticons/em-wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></div>

 

[Speculatooor]

<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 978267" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978267" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978267">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Vaccines will never be mandated either.<br /> <br /> Look. I agree with you that crypto is good, and it should go up over time. But statements like this, show confirmation bias. You don’t have a crystal ball and can’t definitively say that it will never be banned. China did and we are only 10 steps behind them in the US.<br /> <br /> You understand that crypto is a solution to untrustworthy monetary policy… But you simultaneously trust the government to do what they say.<br /> <br /> It absolutely is exposed to this risk. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> I am confused, did you reply to me? You agree with me on something I have not said? What statement of mine shows confirmation bias? You project a lot of things on my reply to you. <br /> <br /> The only thing I said is that crypto will be regulated not banned. Did you even check the FATF report?</div>

 

[Ocean Man]

<div class="bbWrapper"><blockquote data-attributes="member: 76900" data-quote="ShepardHumphries" data-source="post: 978249" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978249" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978249">ShepardHumphries said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> When I say &quot;real&quot; crypto, I mean stuff like BTC, Monero etc.<br /> <br /> Meth and BTC currently both have value to some people, and this subjective value in the marketplace creates the &quot;price.&quot; My concern is that in 5 years, once the central banks have their own centralized &quot;cryptos&quot; rolled out, both meth and BTC will likely not be &quot;legal.&quot; We have learned from meth (already illegal), prostitution and the marijuanas, that a thing that is illegal can still have value in the marketplace.<br /> <br /> My concern is that the pimp, BTC user and meth salesmen will need to have some real cojones to do their thing... (My concern is <b>not</b> about the goodness or badness of any of these things... it is about the risk assessment for trading in that thing of value) For the record, I don&#039;t have any interest in meth. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>How does a single government regulate something that is decentralized? Validated and ran not by a single company but thousands and millions of people? <br /> <br /> Short-answer: you can’t. You can’t stop something that has already grown to this size. <br /> <br /> There are definitely plans for CBDCs (Central bank digital currencies). <br /> <br /> But I personally don’t see myself using them. <br /> <br /> ETH allows me to use many different applications and services. Same goes for other tokens. Is a CBDC going to have applications like OlympusDAO or Wonderland? Am I going to be able to lend my money without KYC or any real middlemen? Would I be able to get loans without the person knowing my credit score or without having to divulge any unnecessary information about myself?<br /> <br /> Probably not. <br /> <br /> There’s nothing that CBDCs offer that would want me to buy any. There’s always going to be a way to get the token you want whether or not a government “bans” it.</div>

 

[TheLearner]

<div class="bbWrapper"><blockquote data-attributes="member: 5905" data-quote="MTF" data-source="post: 978321" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978321" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978321">MTF said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> None of these people invest in crypto anyway. When its time comes for 99% of the population, it will be way easier. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>It looks to me like that&#039;s beginning to happen, the most popular Reddit discussion theme of 2021 was cryptocurrency. It&#039;s pretty easy to open a coinbase account and buy crypto even if you aren&#039;t tech savvy. Once the large brokerage houses offer a crypto investment product it&#039;ll really be mainstream.</div>

 

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[Kevin88660]

<div class="bbWrapper"><blockquote data-attributes="member: 4862" data-quote="Kak" data-source="post: 978267" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978267" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978267">Kak said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Vaccines will never be mandated either.<br /> <br /> Look. I agree with you that crypto is good, and it should go up over time. But statements like this, show confirmation bias. You don’t have a crystal ball and can’t definitively say that it will never be banned. China did and we are only 10 steps behind them in the US.<br /> <br /> You understand that crypto is a solution to untrustworthy monetary policy… But you simultaneously trust the government to do what they say.<br /> <br /> It absolutely is exposed to this risk. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I am sure that a country can choose to ban crypto. Some will try. <br /> <br /> But it is like casino. You can make gambling illegal as most places do. You cannot stop money flowing to your neighbours where casino is legal.<br /> <br /> End up more countries wanted to share a piece of the pie and more countries legalize it. <br /> <br /> Absence of a world government, the competition and backstabbing dynamic between countries will always make sure that a worldwide ban is not possible.</div>

 

[ShepardHumphries]

<div class="bbWrapper"><blockquote data-attributes="member: 100104" data-quote="doster.zach" data-source="post: 978269" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978269" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978269">doster.zach said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I think there will always be a few cryptos in the mainstream. Some with a little less privacy and anonymity for convenience sake. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I would like to clarify the difference between &quot;crypto&quot; and &quot;decentralized crypto.&quot; <b>Crypto</b> is not of much interest to me and only solves a tiny &quot;problem.&quot;</div>

 

[Martzee]

<div class="bbWrapper"><blockquote data-attributes="member: 76900" data-quote="ShepardHumphries" data-source="post: 978249" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=978249" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-978249">ShepardHumphries said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> When I say &quot;real&quot; crypto, I mean stuff like BTC, Monero etc.<br /> <br /> Meth and BTC currently both have value to some people, and this subjective value in the marketplace creates the &quot;price.&quot; My concern is that in 5 years, once the central banks have their own centralized &quot;cryptos&quot; rolled out, both meth and BTC will likely not be &quot;legal.&quot; We have learned from meth (already illegal), prostitution and the marijuanas, that a thing that is illegal can still have value in the marketplace.<br /> <br /> My concern is that the pimp, BTC user and meth salesmen will need to have some real cojones to do their thing... (My concern is <b>not</b> about the goodness or badness of any of these things... it is about the risk assessment for trading in that thing of value) For the record, I don&#039;t have any interest in meth. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Can you define the reality of crypto? Not just names like BTC or Monero (never heard of this one, for the sake of acclaimed scarcity)...</div>

 

[loop101]

<div class="bbWrapper">I&#039;m surprised BTC did not get a huge boost today when Biden said that if Russia invaded Ukraine, that &quot;their banks would not be able to deal in Dollars&quot;.<br /> <br /> If Russia and China said they would only trade with the US using BTC instead of USD, that would crash the value of the USD. They could even jointly make their own crypto coin to split the appreciation in value. <br /> <br /> I know very little about crypto, is there any talk of a European/Russian/Arab/Chinese crypto coin to replace the USD as the world&#039;s reserve currency? <br /> <br /> I expect that before Biden is out of office, Russia and China will coordinate invasions of Ukraine and Taiwan. That would be an ideal time for them to also attack the USD. Not much America could do, short of going to war with everyone.<br /> <br /> It is really starting to feel like the end of America. Probably good for crypto.</div>

 

[MitchC]

<div class="bbWrapper">General Gaddafi was killed for trying to create a gold standard dollar in Libya.<br /> <br /> To think there’s not a possibility that once central banks have copied the tech and made their own that all other crypto could be banned is naive.<br /> <br /> It’s almost like they are letting us play with it now to watch us work out the kinks and get excited and used to it so that when theirs comes out it’s not a shock.<br /> <br /> They tried to ban cash in Australia here recently, before covid. Then covid came and businesses just stopped accepting it anyway to “slow the spread”.<br /> <br /> Monero etc are also banned in Australia.<br /> <br /> All exchanges already have to do KYC. Once your government controlled digital wallet comes into play I really don’t see there being much room to escape the system and transact in crypto if they decide to ban it.<br /> <br /> I’m not saying I think this will happen but it’s definitely possible.<br /> <br /> On the other side of the coin, these exchanges are huge businesses now and must certainly have some pull, a large percentage of the population as well as businesses and funds are invested in it. It may well have already gone too far to be banned now.<br /> <br /> Regulation was mentioned above and mr wonderful is big on this. He said it’s good for crypto. He controls a massive fund that wants to invest but can’t because the rules are so ambiguous. “Tell us the rules so we can play”.<br /> <br /> I have all my money in crypto and after writing out this post I think crypto will likely still be used as a store of value so Bitcoin should be good. But to think a crypto is going to replace the cbdc as what we transact in is unlikely so I would probably avoid anything claiming to become this. Monero to Bitcoin will always be possible so that will likely always be used.<br /> <br /> I have friends way down the rabbit hole who are convinced xrp is going to be the new currency and this court case is just to drag things out and buy them more time to get ready to introduce it. I’m not sure what to make of that <img src="/community/imgs/emoticons/em-rofl.png" class="smilie" loading="lazy" alt=":rofl:" title="ROFL :rofl:" data-shortname=":rofl:" /><img src="/community/imgs/emoticons/em-rofl.png" class="smilie" loading="lazy" alt=":rofl:" title="ROFL :rofl:" data-shortname=":rofl:" /><img src="/community/imgs/emoticons/em-rofl.png" class="smilie" loading="lazy" alt=":rofl:" title="ROFL :rofl:" data-shortname=":rofl:" /></div>

 

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[MitchC]

<div class="bbWrapper">Also I’m about to invest in some physical silver, does anyone know much about this? Probably <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a> <br /> <br /> The thing I don’t get is why each coin is priced differently, surely no one who is investing actually cares about how rare the design is? Or is there more to it than that?<br /> <br /> My plan is to buy as much of the cheapest bullion I can, is that the right thing to do?<br /> <br /> I just cannot understand why for example 1 ounce of this design would be $32 and 1 ounce of another would be $52. Why would you buy the $52 one?</div>

 

[Kak]

<div class="bbWrapper"><blockquote data-attributes="member: 22018" data-quote="MitchC" data-source="post: 984631" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=984631" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-984631">MitchC said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Also I’m about to invest in some physical silver, does anyone know much about this? Probably <a href="https://www.thefastlaneforum.com/community/members/4862/" class="username" data-xf-init="member-tooltip" data-user-id="4862" data-username="@Kak">@Kak</a><br /> <br /> The thing I don’t get is why each coin is priced differently, surely no one who is investing actually cares about how rare the design is? Or is there more to it than that?<br /> <br /> My plan is to buy as much of the cheapest bullion I can, is that the right thing to do?<br /> <br /> I just cannot understand why for example 1 ounce of this design would be $32 and 1 ounce of another would be $52. Why would you buy the $52 one? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Don’t buy the $52 design. Lol. I never understood that either. I don’t care about supposedly rare designs. I buy it for the metal.<br /> <br /> I buy the secondary market bars, valcombi, 9fine mint, and the house bars from APMEX. They are usually the usually the cheapest options per ounce. I always want well marked stuff though. I know there are cheaper “ingots” or whatever, but I don’t buy un-minted piles of metal chunks.<br /> <br /> If you’re starting out, don’t just go buy 100 ounce bars. Get some one ounce and ten ounce stuff as well. It’s a good idea to have a variety of weights.</div>