Do they? They are not the funniest of money that goes poof if electrical grids and what not go down and no one has access to the internet? A giant safe full of gold and silver sounds better to me, k thanks.
Why try to pretend it's one or the other? Buy both. A lot of stuff goes "poof" if the electrical grids go down permanently, that doesn't mean it isn't a worthwhile investment.
Truth. That is why the best investment is to have things in your house that you can barter and get by with. Play the system but the time to get bearish could be near.
With Bitcoin, every transaction you make is broadcast to the world. Also, you need access to the internet to buy and sell with it.
As a currency, it has none of the desirable properties of a currency.
Imagine a dollar bill that recorded every time it changed hands over the internet, and could not be transferred without an internet connection. That's bitcoin and all cryotocurrencies.
THAT is why I refuse to buy in to the crypto craze. Physical gold, silver, and other valuables for trading seems like the ONLY solid form of currency. Just need a nice big vault in your house to store the currency!
Bitcoin and blockchains are a God-send. They represent the surest path away from centralized banks and centralized-everything else.
Do they? They are not the funniest of money that goes poof if electrical grids and what not go down and no one has access to the internet? A giant safe full of gold and silver sounds better to me, k thanks.
Why try to pretend it's one or the other? Buy both. A lot of stuff goes "poof" if the electrical grids go down permanently, that doesn't mean it isn't a worthwhile investment.
Truth. That is why the best investment is to have things in your house that you can barter and get by with. Play the system but the time to get bearish could be near.
More succinctly:
"Guys I don't think you should be investing in this internet thing, if the power grids go down, it goes poof."
Would be you a few decades ago.
Yeah and all it takes to end that shit is a nice hefty EMP blast. Pooof.
With Bitcoin, every transaction you make is broadcast to the world. Also, you need access to the internet to buy and sell with it.
As a currency, it has none of the desirable properties of a currency.
Imagine a dollar bill that recorded every time it changed hands over the internet, and could not be transferred without an internet connection. That's bitcoin and all cryotocurrencies.
THAT is why I refuse to buy in to the crypto craze. Physical gold, silver, and other valuables for trading seems like the ONLY solid form of currency. Just need a nice big vault in your house to store the currency!
And what if I heard it was to “hide” CI* monies for Cheney and Bush families drug trades....
source? i thought btc was designed by nsa as a way to break the fed