Doesn’t have to be in the bank either; if you’re traveling with your life savings in cash, then if you get pulled over cops are likely to seize that money. Just because fuck you, that’s why.

…Except that gold, like the dollar, and like bitcoin, has the value it does because people believe it does. Sure, gold’s a great semiconductor. But if that was all we used it for, the price of gold would be a tine fraction of what it is. Diamonds are great as abrasives and in certain cutting applications, but that’s all synthetic now. Natural diamonds only have high value because of artificial scarcity and advertising.