Topic: The ultimate truth (Read 5885 times)
I told you. Every civilized man heard about it. Gold is old fashion.
More optimistically of course, in a major situation such as the aforementioned, things would eventually recover - as would the value of my bitcoins.
until something better comes along.
What are you selling?
dildos
More optimistically of course, in a major situation such as the aforementioned, things would eventually recover - as would the value of my bitcoins.
until something better comes along.
What are you selling?
More optimistically of course, in a major situation such as the aforementioned, things would eventually recover - as would the value of my bitcoins.
until something better comes along.
More optimistically of course, in a major situation such as the aforementioned, things would eventually recover - as would the value of my bitcoins.
Right but as long as godzilla only attacks Japan, I'll still have my bitcoins...
sure but if I was in the affected area and you needed that great dildo I have for sale(non electric) I would laugh at your bitcoin.
If you're in the affected area and I'm not, you can keep your dildo, you won't be having much fun other than that. What I'm trying to say is that the whole point of bitcoin is it's decentralised nature - It really would have to be a collapse of modern society for bitcoin to get wiped out (As for whether or not bitcoin truly is decentralised, well that's another debate.)
I mean, I'm in the UK. If we lose electrical power for a few months, there'll be chaos, but I'm sure the rest of Europe would step in to help out. Unless the rest of Europe was fucked (haha) in which case hopefully we'd get support from elsewhere? But this is scaling up pretty quickly - soon we'll run out of continents to 'step in and help out'. So I'm thinking in a situation where I find my bitcoins to be worthless the world over, I think worrying about conserving my wealth would be a bit of a lost cause.
Right but as long as godzilla only attacks Japan, I'll still have my bitcoins...
Unless they're at MtGox!see I didn't even catch that.. godzillas pinky toe crushes mtgox servers and all is lost.. price will go all wonky people will panic sell.. who knows what the price will be. You may not even have enough coin to trade someone in your area for some gold so you can buy the dildo I have for sale.
Right but as long as godzilla only attacks Japan, I'll still have my bitcoins...
Unless they're at MtGox! Right but as long as godzilla only attacks Japan, I'll still have my bitcoins...
sure but if I was in the affected area and you needed that great dildo I have for sale(non electric) I would laugh at your bitcoin.
Right but as long as godzilla only attacks Japan, I'll still have my bitcoins...
I think we'll have bigger things to worry about than finance if there's some sort of solar flare/worldwide blackout situation. I mean seriously, all of the whole entire internetz wiped out? Sure, gold would probably fall back into place as the standard accepted store of value, but within the avergage human lifetime I think you'd be better off investing in guns and rations.
doesn't have to be worldwide end of civilization type of scenario.. anything can take out power/internet in a large area for days/weeks/months.. severe storms, earthquakes, godzilla, giant tomatoes, huge rabbits.
How long do you think the dust would take to settle?
I think we'll have bigger things to worry about than finance if there's some sort of solar flare/worldwide blackout situation. I mean seriously, all of the whole entire internetz wiped out? Sure, gold would probably fall back into place as the standard accepted store of value, but within the avergage human lifetime I think you'd be better off investing in guns and rations.
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Without the internet, tech and electrical power, bitcoin modern society can not function.
+1
What will you do with your gold if we lose electrical power and the internet shuts down?
trade it for goods.. believe it or not humans have done this for quite some time before we have had electricity.
if I get enough of it for selling my goods I will build a giant pyramid and make myself a sarcophagus out of it.
gold is awesome!
Bitcoin is the only available massively-adapted, recognised and guaranteed facility to preserve your savings . (Period)
Yes, we are inevitably headed in that direction. My concern is that people will get spoiled, so to say, by the huge appreciation of the value of their Bitcoin savings. This will eventually lead to disappointment. Right now, nobody uses bitcoins for savings - they are used as a speculative investment with huge get-rich-fast expectations. It has to end, and when it does, there will be whining and crying by those who misunderstood what Bitcoin is.
Quote
Without the internet, tech and electrical power, bitcoin modern society can not function.
+1
What will you do with your gold if we lose electrical power and the internet shuts down?
Becoming massively adapted, I believe the best is yet to come!!
I would say gold, for the main reason that without the internet, tech and electrical power, bitcoin cannot function.
+1000000000000000000000000000000
gold and silver ftw!
Quote
Without the internet, tech and electrical power, bitcoin modern society can not function.
I would say gold, for the main reason that without the internet, tech and electrical power, bitcoin cannot function.
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