Do most people have bars of gold sitting around? No. Do most people have gold jewelry like wedding rings and earrings and necklaces? Yes. Can those bars of gold sitting in banks be easily melted down into coins in the event of a society collapse? Yes. Can Bitcoin be usable at all without internet and power? No.
Hmmmm, so in this collapse scenario, there’s no internet or electricity, but somehow the infrastructure for melting gold, and the manufacture of things that require gold, just…keeps on ticking?
Do most people have bars of gold sitting around? No. Do most people have gold jewelry like wedding rings and earrings and necklaces? Yes. Can those bars of gold sitting in banks be easily melted down into coins in the event of a society collapse? Yes. Can Bitcoin be usable at all without internet and power? No.
Hmmmm, so in this collapse scenario, there’s no internet or electricity, but somehow the infrastructure for melting gold, and the manufacture of things that require gold, just…keeps on ticking?
My sweet summer child. These things worked before the internet and will work without the internet.
Priceless 🤣