New bill would revalue gold to buy Bitcoin
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Bitcoin can be transacted with a piece of paper and a pen, actually. You are going with a completely unrealistic scenario that we would lose power for a VERY LONG period of time… I’m sorry, but if that happens we are all DEAD!!!!
All you guys can come up with is “BuT WhAt AbOuT WhEn ThE PoWeR GoEs OfF!???!?!?”
Bright boi, if that happens, it’s not going to last forever. Secondly, good luck breaking up your ounces of gold into spendable increments.
Fact of the matter is, the more likely event to happen is a collapse of our financial and banking system… and when that happens, you’ll sure wish that you had crypto. It IS what every single company, and farmer, will immediately turn to…. Not archaic gold that 1% of the population actually have in physical form.