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by slashdev 1944 days ago
The Nazis famously confiscated gold. At least if they shutdown the internet you still own your bitcoin.
1 comments
zepto 1944 days ago
The Nazis can confiscate the hard drives where your keys are stored.

And - it’s not going to help you against the Nazis if you can’t transact it.

As to gold - that misses the point. Of course it can be taken from you.

However unless that happens, you can still transact it. People escaped the Nazis using gold to pay their way.

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eloff 1944 days ago
It's better in some ways and worse in others. It could be a lot easier to hide a key than a gold bar. You could still use bitcoin to buy your way to freedom, and there would be a black market for it if there's any way to get online, which there will be. The value is supported outside the country.

It's not clear to me that gold is superior in that use case.

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zepto 1944 days ago
Yes, a key might be easier to hide than a gold bar.

But some gold coins might be a lot easier to hide than computers.

> You could still use bitcoin to buy your way to freedom

Only if you can access the network.

That’s the point.

I don’t see why you say there will be a way to get online. We see coups where the internet is taken down quite regularly.

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