Orange Man, Orange Coin, No coincidences!
(media.greatawakening.win)
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I will continue to stack small metallic items of high value, that I can hold in my hands whenever I want, regardless of whether I have electricity or not, any time I want, that only I control...in private.
If I need any BTC, I'm sure I can trade for it at a later date....but as Dan says, "BTC is going to f*cking zero"... we'll see...
RE: https://www.bitchute.com/video/zkCnNegVRzQc/
Yeah, I prefer physical assets right now too. Especially those small shiny ones.
Peter Schiff has been saying that since Bitcoin was sub $1000. Recently he gave in and started accepting it himself.
Nothing wrong with metals, except that they are heavy, hard to divide into smaller pieces, and you can't send it over the Internet.
Everyone should, at a bare minimum, learn how Bitcoin works and set up a self-custody wallet. Once that happens the dollar can safely collapse.
Silver coins. Dimes, quarters, half dollars. A dime is about 2.25 grams silver, a quarter is 6.25 grams and a half dollar is 11.5 grams. A 1 ounce silver round is 28.35 grams. Silver coins are called junk silver. I have several hundred dollars face value of such. Will come in handy if we go all Mad Max for a bit.
A dime at todays spot price is about 2 dollars.
All that's fine. It still doesn't solve the problem of spending over the internet, or securely carrying around large sums with you everywhere you go.
No one is arguing against the value of having some precious metals, but that is not the only scenario to prepare for. Crypto is going to be part of the future whether anyone likes it or not. It is going to be part of financial portfolios and it's better to understand how it actually works than to just ignore it.
Most of what is going to be built by institutions/corporations for crypto is based on Proof of Stake systems which are very different than Proof of Work. Proof of Stake means those who own the most coins/tokens can control the whole system. Proof of Work means you have to actually expend real energy to get a reward.
Also BTC has been crippled so that it can't support future growth which is why they are all pushing Lightning Network which is an overcomplicated shitshow that only reintroduces the fractional reserve banking system on top of BTC and is meant to kill it.
Bitcoin Cash was a split from the original chain back in 2017 because they saw the writing on the wall and preserved the original design.
Im not really sure a digital wallet that can be shut down on a whim by some petty tyrant or permanently smashed by an EMP is the answer either.
I do think eventually a gold/silver backed blockchain currency will be used but it must have also have a physical manifestation.
Todays commerce is way to vulnerable to interruption through natural or other means. Shit if the power goes out stores have to shut down because they have no way to complete a sale without thier machines. They have no way to even accept money. Thier readers dont work, their registers dont work.
A troy ounce of gold ------ is worth more than a troy ounce of $50 bills.
Fuck that argument.
I don't disagree... What's your point?