Yup. Or the risk skyrockets due to government threat. Value plummets and the point of "it's MATHAMATICALLY IMMUNE TO GOVERNMENT FUCKERY" is moot within a week.
It's not on the internet, it's on the blockchain. They can't shut it down. And if all the electricity goes out, we're fucked anyway. Good luck trying to exchange gold or silver with a population that would take a candy bar over 10oz of silver. In SHTF situation, you'd be better off stockpiling food, ammo, meds, and apparently toilet paper.
You can store your crypto in a hardware wallet and transact wallet to wallet. Etc etc.
If the internet goes down, we have more big problems than that. How might it effect the price of gold… and the exchanges that tell everyone the price? Those would collapse too.
Until the internet goes down.
Yup. Or the risk skyrockets due to government threat. Value plummets and the point of "it's MATHAMATICALLY IMMUNE TO GOVERNMENT FUCKERY" is moot within a week.
It's not on the internet, it's on the blockchain. They can't shut it down. And if all the electricity goes out, we're fucked anyway. Good luck trying to exchange gold or silver with a population that would take a candy bar over 10oz of silver. In SHTF situation, you'd be better off stockpiling food, ammo, meds, and apparently toilet paper.
You can store your crypto in a hardware wallet and transact wallet to wallet. Etc etc.
If the internet goes down, we have more big problems than that. How might it effect the price of gold… and the exchanges that tell everyone the price? Those would collapse too.
My silver coins won’t collapse.
Try buying something with them online.
Ok bugman bUt MuH aMaZoN