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by scottnyc
3112 days ago
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I'll disagree. Gold once mined will be there for us forever. Bitcoin once mined will need us to perpetually mine it to exist. Gold will survive a nuclear war. EMP blasts, Hard drive failures, viruses, quantum computing and the lack of an internet connection aren't real risks to gold. In the throws of WWIII, with buildings burning to the ground off in the distance, as you cross the border to mexico with just the clothes on your back, which would you rather line the seams of your jacket with: gold? Or a piece of paper with some numbers that unlocked your 'virtual currency'? Let's see how well that shared belief holds up then. |
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