How do you hide your face from the camera at the ATM and in the physical store without getting mistaken for being a robber? Cash is also part of the same scam as banks stealing your wealth through inflation. Notice how you can no longer get the same amount of gold for a dollar as you could 100 years ago? That's wealth literally stolen out of your pocket.
It's true that banks are worse than cash from a privacy and control perspective and that's why crypto was invented in the first place. To make it possible to have privacy and control over your digital money without middlemen.
You can't trade effectively with precious metals alone. Imagine requiring to mail silver just to buy something online. Imagine being required to carry silver everywhere you go. It's cumbersome.
Like it or not crypto still has a place for trade.
Easy fix for that mailing silver problem. BUY and deal locally with your neighbors, the way its supposed to be. There's no reason to be buying something from the other side of the country when you can get the same damn thing at home.
Oh,cuz it's 10 dollars cheaper? How much is the shipping cost? How much did you really save? A dollar?
Your money should be staying in your local economy.
Bartering, including metal coins which is also technically bartering as the government isn't controlling the supply of metal. And because people weren't glued to their phones or TV's all day or didn't have to commute for hours to and from work, in fact it was enough to only have one person in the household work while the other could take care of the home, there was time to do bartering properly and discuss he price of everything.
Refrigerators and freezers also wasn't invented so women had to visit the general store on a daily basis to buy fresh food items like vegetables, milk and stuff like that, if you didn't have your own cow and garden, which more people had back then.
Not everything is available locally tho, this is why you buy online in the first place, preferably from a manufacturer in your own country at least. But there's a place both for metals and crypto because as you said, locally metals does make sense too.
I live in a major city,and can't find the items I need for prepping and such. I wanted to buy a nice silver chain for my mother a few weeks ago,I spent an hour looking visiting several local stores,then bought it from Amazon. The inventory stores carry has changed a lot.
Agreed, I live by the motto "if it ain't broke don't fix it" and precious metals seemed to work fine for most of civilisation. Why try to replace with some currency that is constantly being stolen.
NO IT WON'T - people who believe this are living in the age before the FED was created. You now live in a digital world. Almost all transactions are done through digital processes. In what scenario will digital transactions no longer take place and a person would be forced to pay everything with cash or coin?
Here is a look at the future, Rev 13:16-17 " He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name."
People who don't have the 'Mark' won't be able to transfer money digitally, i.e. 'buy or sell'.
It's issued by an algorithm at predictable rate based on who is first to solve a cryptographic puzzle. The code to do this is open source and every node check each others in real time so that nobody is cheating. It's also incredibly hard to cheat as the only way you could do it is by inventing a computer that is faster than everyone else's.
The process is called mining and imitates the properties of gold mining, except instead of going down the mine yourself to dig for gold the computer does the hard work for you.
A fiat currency is issued by the government, controlled by the government, and has a unlimited supply as the government can create more out of thin air, thereby create inflation which makes your savings worthless over time. Crypto is the exact opposite to that, just like metals.
I listen to bix like once a week. $20,000 silver? Gtfo with that nonsense. He is one of the most unrealistic pundits out there. He means good, but he's way way off on 90% of what he says/predicts
Crypto may not be gold, but I have made a shitload of profit since starting serious investment 3 years ago. I bought thousands of Algo at 30 cents, and sold at 2.00.
I bought hundreds of Cosmos/Atom at 8$, sold at 35, and then bought more with the latest drop to 8$.
Right now, Cosmos and Tezos return 5%. Right now, you can get an additional 4% back using the Coinbase visa. It’s as easy as a checking account.
Find me any normal account on the planet that returns 9%. Even if you just use crypto as a daily checking account, and not as long term investment, it’s better than a bank. And you aren’t giving your money back to the fucking crooked jew bankers.
Question... do you think there will be a window of opportunity when gold has gone "to the moon" and those of us with coins can sell them for worthless fiat to pay off fixed debt like mortgages?
Hehe, I remember back when Old Joe sent out "stimulus checks".... I spent my near-worthless currency on buying more silver and some ammo. Thanks, Joe.
Why thank him for giving you back what was yours to begin with?
It was sarcastic.
I know. But for anyone that thinks that the government "owns" the currency they create, I wanted to post a friendly PSA showing otherwise.
If it’s not in your hand you don’t own it.
Who uses precious metals for everyday purchases today except for change of less than $1? Almost all transactions are digital.
Yup! Still the best method.
Haha. I see what you did there. I like it!
How do you hide your face from the camera at the ATM and in the physical store without getting mistaken for being a robber? Cash is also part of the same scam as banks stealing your wealth through inflation. Notice how you can no longer get the same amount of gold for a dollar as you could 100 years ago? That's wealth literally stolen out of your pocket.
It's true that banks are worse than cash from a privacy and control perspective and that's why crypto was invented in the first place. To make it possible to have privacy and control over your digital money without middlemen.
Looks like those who make money selling precious metals are down voting anyone who disagrees with them.
You can't trade effectively with precious metals alone. Imagine requiring to mail silver just to buy something online. Imagine being required to carry silver everywhere you go. It's cumbersome.
Like it or not crypto still has a place for trade.
Easy fix for that mailing silver problem. BUY and deal locally with your neighbors, the way its supposed to be. There's no reason to be buying something from the other side of the country when you can get the same damn thing at home.
Oh,cuz it's 10 dollars cheaper? How much is the shipping cost? How much did you really save? A dollar?
Your money should be staying in your local economy.
That's incredibly unrealistic unless you want to return to living like the Amish, which most of us won't do.
I wonder how they did it 8n the 1800s?
Bartering, including metal coins which is also technically bartering as the government isn't controlling the supply of metal. And because people weren't glued to their phones or TV's all day or didn't have to commute for hours to and from work, in fact it was enough to only have one person in the household work while the other could take care of the home, there was time to do bartering properly and discuss he price of everything.
Refrigerators and freezers also wasn't invented so women had to visit the general store on a daily basis to buy fresh food items like vegetables, milk and stuff like that, if you didn't have your own cow and garden, which more people had back then.
Not everything is available locally tho, this is why you buy online in the first place, preferably from a manufacturer in your own country at least. But there's a place both for metals and crypto because as you said, locally metals does make sense too.
I live in a major city,and can't find the items I need for prepping and such. I wanted to buy a nice silver chain for my mother a few weeks ago,I spent an hour looking visiting several local stores,then bought it from Amazon. The inventory stores carry has changed a lot.
but that s the point of currency, it's an IOU for the gold.
The immense amount of stupid you people have is amazing.
Please... do tell a scenario where the USD has crashed and there is still an "internet".
I'll be waiting.
The internet isn't going anywhere moron.
Agreed, I live by the motto "if it ain't broke don't fix it" and precious metals seemed to work fine for most of civilisation. Why try to replace with some currency that is constantly being stolen.
Yep
The money has to be linked to something physical. If not, the corrupt assholes print it to infinity which gives us the inflation we're seeing
:o) I agree. It's hard to throw crypto into the streets before the Lord returns. They throw a physical object most precious, GOLD.
NO IT WON'T - people who believe this are living in the age before the FED was created. You now live in a digital world. Almost all transactions are done through digital processes. In what scenario will digital transactions no longer take place and a person would be forced to pay everything with cash or coin?
Here is a look at the future, Rev 13:16-17 " He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name."
People who don't have the 'Mark' won't be able to transfer money digitally, i.e. 'buy or sell'.
Isn't crypto a fiat currency like the worthless dollar? I'm really don't know, please tell me.
Worse. At least the fiat US dollar says backed by the full faith and credit of the US treasury.
Crypto isn’t backed by anyone, or anything. While it might have an appearance of backing, who enforces it?
It's issued by an algorithm at predictable rate based on who is first to solve a cryptographic puzzle. The code to do this is open source and every node check each others in real time so that nobody is cheating. It's also incredibly hard to cheat as the only way you could do it is by inventing a computer that is faster than everyone else's.
The process is called mining and imitates the properties of gold mining, except instead of going down the mine yourself to dig for gold the computer does the hard work for you.
A fiat currency is issued by the government, controlled by the government, and has a unlimited supply as the government can create more out of thin air, thereby create inflation which makes your savings worthless over time. Crypto is the exact opposite to that, just like metals.
Like the medal of honor? Purple heart?
I listen to bix like once a week. $20,000 silver? Gtfo with that nonsense. He is one of the most unrealistic pundits out there. He means good, but he's way way off on 90% of what he says/predicts
Crypto may not be gold, but I have made a shitload of profit since starting serious investment 3 years ago. I bought thousands of Algo at 30 cents, and sold at 2.00. I bought hundreds of Cosmos/Atom at 8$, sold at 35, and then bought more with the latest drop to 8$.
Right now, Cosmos and Tezos return 5%. Right now, you can get an additional 4% back using the Coinbase visa. It’s as easy as a checking account.
Find me any normal account on the planet that returns 9%. Even if you just use crypto as a daily checking account, and not as long term investment, it’s better than a bank. And you aren’t giving your money back to the fucking crooked jew bankers.
Crypto has its place if you use it correctly.
I agree that gold and silver are an outstanding choice to put your fiat into. But I am on the crypto train. See you on the other side, amigo.
I hope your crypto has a lot of calories like my food does.
Btw, I am NOT trading food for crypto... OR GOLD OR SILVER.
Water, ammo, guns.
The LARPy future you are predicting, is NOT going to happen.
Time will tell.
Crypto people don't even understand why gold/silver is better
Start posting your gold photos. I want to see it.
Question... do you think there will be a window of opportunity when gold has gone "to the moon" and those of us with coins can sell them for worthless fiat to pay off fixed debt like mortgages?
Hey typo pigs. I'm waiting for you to show yourselves. You can't help it. Lol.
petal to the medal.