crypto is no more imaginary than the trust instilled by people on the value of Gold.
There is BTC (Bitcoin), and there is all other Crypto -- Bitcoin is the only decentralized crypto out there, at scale of adoption, a secure network and thousands of independent nodes keeping the network alive.
Gold and Bitcoin can go hand in hand, it's a store of wealth/value.
It's way harder to transact with Gold in comparison to Gold -- (e.g. try buying your house with Gold bars).
Apples to apples fren -- good luck to you too if SHTF, your Gold/Silver is useless other than metals to make stuff. Food, ammo, necessities will be worth more than your gold coins/rocks.
Don't close your mind to crypto due to ignorance, do some research on it and fully understand the world of crypto -- not all crypto is the same.
I'd start with Bitcoin (BTC), REALLY deep dive into it, don't listen to the hypersters out there, but fully understand the fundamentals... THEN make the argument if it's useless or not.
Canadians are now seeing the value of Bitcoin.
But hey, it's up to you... you can continue to dismiss something out of emotion, or have sound thoughts about it.
I researched it. It's annoying enough to have to interface on the Internet via whatever computer device. I'd prefer to get off the cyber fake shit altogether and go back to hauling around coins.
I have food and will have it moving forward. Unless you have a great plot of land growing your food, same situation applies - good luck getting food from bitcoins that don't exist unless you can somehow access the network, and even then I guess the person you're trading with would need that same access.
It'll come down to bartering with whatever goods and services at that point, which rarer metals would STILL win hands down in those situations.
When SHTF, we're back to a barter society of goods and services. Previous metals and/or Bitcoin will cease to be the currency hedge, it'll just be stuff. Sure you could always trade your precious metals for stuff, but it's between you and whoever you're trading with.
We are IN a cyber connected world man, you are ON this board, ... surely you see the irony in your view of moving off 'cyber-fake shit'. Learning the basics of the internet is fundamental in this day and age.
It comes down to your goals, IF you want to spend your fiat dollars on precious Metals to hedge against the US Dollar, then sure, go ahead. It is no different than buying Bitcoin (which has outperformed Gold and Silver by a large margin).
But if you wish to spend your dollars on ensuring self-sustenance... then don't buy Gold/Silver/Bitcoin, buy the things you need to live off the land, meds, etc etc.
crypto is no more imaginary than the trust instilled by people on the value of Gold.
There is BTC (Bitcoin), and there is all other Crypto -- Bitcoin is the only decentralized crypto out there, at scale of adoption, a secure network and thousands of independent nodes keeping the network alive.
Gold and Bitcoin can go hand in hand, it's a store of wealth/value.
It's way harder to transact with Gold in comparison to Gold -- (e.g. try buying your house with Gold bars).
Gold exists and has uses. Crypto does not and is only as useful as you described.
Fuck crypto, biggest racket to ever exist. Good luck using it if shit does hit the fan and nobody has access to power, let alone Internet access.
Apples to apples fren -- good luck to you too if SHTF, your Gold/Silver is useless other than metals to make stuff. Food, ammo, necessities will be worth more than your gold coins/rocks.
Don't close your mind to crypto due to ignorance, do some research on it and fully understand the world of crypto -- not all crypto is the same.
I'd start with Bitcoin (BTC), REALLY deep dive into it, don't listen to the hypersters out there, but fully understand the fundamentals... THEN make the argument if it's useless or not.
Canadians are now seeing the value of Bitcoin.
But hey, it's up to you... you can continue to dismiss something out of emotion, or have sound thoughts about it.
I researched it. It's annoying enough to have to interface on the Internet via whatever computer device. I'd prefer to get off the cyber fake shit altogether and go back to hauling around coins.
I have food and will have it moving forward. Unless you have a great plot of land growing your food, same situation applies - good luck getting food from bitcoins that don't exist unless you can somehow access the network, and even then I guess the person you're trading with would need that same access.
It'll come down to bartering with whatever goods and services at that point, which rarer metals would STILL win hands down in those situations.
When SHTF, we're back to a barter society of goods and services. Previous metals and/or Bitcoin will cease to be the currency hedge, it'll just be stuff. Sure you could always trade your precious metals for stuff, but it's between you and whoever you're trading with.
We are IN a cyber connected world man, you are ON this board, ... surely you see the irony in your view of moving off 'cyber-fake shit'. Learning the basics of the internet is fundamental in this day and age.
It comes down to your goals, IF you want to spend your fiat dollars on precious Metals to hedge against the US Dollar, then sure, go ahead. It is no different than buying Bitcoin (which has outperformed Gold and Silver by a large margin).
But if you wish to spend your dollars on ensuring self-sustenance... then don't buy Gold/Silver/Bitcoin, buy the things you need to live off the land, meds, etc etc.