90 Years Ago Today. Bitcoin Fixes This. Bitcoin is Part of the Plan.
(media.greatawakening.win)
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I'd say: it does not. Presidents can issue any executive order.
The question is: will you comply?
And then here it is: you put your BTC in cold storage and no one is the wiser. And here it is: you put your Gold in cold-storage and no one is the wiser.
What does BTC solve by itself in such a situation.
Since BTC requires energy AND access to a payment platform on the internet and Gold does not require any of that, the question becomes: what system has what advantage.
Not to mention the ability for the government to order ISPs to block any blockchain traffic. Sure, people could start using subnetworks like vpns or TOR, but is the farmer I buy my eggs from really going to do that?
Yeah, I definitely follow the “If you can’t hold it you don’t own it.”
Add that most credit card companies and banks, at least here in the EU won’t let you buy crypto at all.
I can bring a wad of cash down to my local coin shop and buy myself $5k worth of gold/silver without any questions asked.
But then again, I’ve spread my eggs, so I still have some BTC, ETH and other crypto assets in cold storage.
But 90% of my savings are now in PM and mining stocks.
Binance and most other crypto card issuers works fine in Sweden, only the gas stations have trouble with their card for some reason. But there are workarounds for that too.
I’m talking about buying crypto, not using them.
I’ve got 4 different credit cards, that will reject the transaction if I’m buying crypto. Nordea has also stopped a wire transfer to a renowned crypto exchange.
Gold doesn't require electricity, Bitcoin does. Shut off the electric grid, shut off the internet, no more crypto currencies. Precious metals will still be available at all times.
Bitcoin can't be seized if they decide to torture or kill you because you refuse to comply. Gold they can find if they look around enough. The larger amount, the harder it is to hide it properly. Bitcoin can be stored in unlimited ways, in insignificant objects, digitally or even in your mind where they can never find it.
That said, I do hope people aren't stupid enough to repeat the same mistake twice, which might happen because a lot of people seems to think there's a major difference between Bitcoin and Gold.
intentional phraseology.
who?
All these elaborate schemes whereas one injection is enough. Of course these are extreme circumstances and we are not there, yet. Hence my comment: Put Crypto in cold storage and none is the wiser (if you know what you are doing) Put Gold/Silver in cold storage and none is the wiser (especially if you belief in boating accidents)
Your type of argument reminds me a bit of Cato talking about Sulla.