Replying to Avatar dr.fred

how do you transport it?

where do you store it? how much do you pay for storage?

how safe is it? 30 times in history, gold was confiscated

how do you pay for groceries with a gold bar? how do they give you change back?

at least you can use it for your teeth fillings. it has no other real usage.

gold coins? another scam

what if they find more gold which they will? there is an endless supply of gold

good luck. enjoy your gold
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captjack 🏴‍☠️✨💜 2y ago

most important is when/where is accepted BTC n gold both has it own audience none will change - depends where/when user need to spend

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dr.fred 2y ago

bitcoin will replace gold

10 trillion market

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Secretary Janet Yellen 2y ago

I think it will go beyond that, but that's not really matter. It's easier to store, transfer, verify.

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captjack 🏴‍☠️✨💜 2y ago

maybe in 100 yrs - fiat could not replace gold since 1971 after is seized to become legal tender

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captjack 🏴‍☠️✨💜 2y ago

btc 399B will grow to 10Trillon steady

gold 13trillion slow shrink but no go away like fiat will during hyper

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captjack 🏴‍☠️✨💜 2y ago

500 million BTC real users vs 5 billion gold users

a long way - esp where no internet

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captjack 🏴‍☠️✨💜 2y ago

38 active npubs vs 500k generated so far in nostr band checked last

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Secretary Janet Yellen 2y ago

When/if fiat collapses, living where you're now might become dangerous. Will it be easier to cross borders with #Bitcoin in your head or a bag of metal?

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captjack 🏴‍☠️✨💜 2y ago

depends where u heading - move 2 salvador now 100% btc no need fiat/gold

departing for other place u need all 3 nobody accept btc in some village gold will

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Secretary Janet Yellen 2y ago

Borders was my point not the destinations.

There's not only Salvador where you can use #Bitcoin but I'm sure you already know that too.

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78e47dfe... 2y ago

Let's hope there will be world leaders ready to rebuild in the ashes.

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dr.fred 2y ago

for the snowflakes it will be impossible to survive

for normal, intelligent people nothing is a challenge

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Secretary Janet Yellen 2y ago

That's correct. If you're happy to keep your kinds in that environment, even if you know they could have much better life elsewhere.

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78e47dfe... 2y ago

Imagine, when fiat blows up, running around with a set of scales shaving of a couple grams of gold while there is a far superior alternative available and all you need is a device everyone already uses.

Imo, it's either Bitcoin or CBDC that will be used. Question will be, how much violence will the state use and how much violence will the citizens?