What are you going to be buying and where with gold when the grid goes down for weeks or months? Gold would be just as useless as crypto. Better to have guns are gardens at that point.
How is someone going to test your gold & silver for purity? If grid goes down, the needs and use cases of precious metals strongly declines as all forms of traditional money do. Commodities will then rule
Exactly what wakeupworld said, if the power is out world wide then worries about bitcoin is pointless as there will be much larger problems. Problems shift to survival and not whether a currency is available.
Electricity has only been a thing for 120 years. However did we survive as a species prior to that? 🙄
Assuming you were raised properly, survival in a non electric world is dead simple, especially if you have money that doesn’t need electricity or the internet to be used.
Lights go out- you are going to have way bigger problems than money. All forms of money are worthless & changed to commodities
So gold and silver?
What are you going to be buying and where with gold when the grid goes down for weeks or months? Gold would be just as useless as crypto. Better to have guns are gardens at that point.
The same things people have been buying for ages?
How is someone going to test your gold & silver for purity? If grid goes down, the needs and use cases of precious metals strongly declines as all forms of traditional money do. Commodities will then rule
I own gold/silver physically for future retirement. I don't really keep it to spend though I am sure I could trade it for something I needed.
Right? That argument of power outage is stupid...
How is it stupid? Can you access your crypto without power?
Exactly what wakeupworld said, if the power is out world wide then worries about bitcoin is pointless as there will be much larger problems. Problems shift to survival and not whether a currency is available.
Electricity has only been a thing for 120 years. However did we survive as a species prior to that? 🙄
Assuming you were raised properly, survival in a non electric world is dead simple, especially if you have money that doesn’t need electricity or the internet to be used.