What is the best argument against these two points on why gold is "superior" to Bitcoin:
"They'll shut off the internet"
"They'll shut off the power"
Genuinely curious what people would say to these.
#asknostr
What is the best argument against these two points on why gold is "superior" to Bitcoin:
"They'll shut off the internet"
"They'll shut off the power"
Genuinely curious what people would say to these.
#asknostr
Bitcoin can be sent using shortwave ham radios. nostr:npub132ertlsrunh600cph2au55ssmel2cqdt5mnrpxfand5ych4nmp8q50zmdh
Mesh networks and solar power
If "they" killed the internet or power grid, the consequences would be Ragnarok.
The world would become even more chaotic. This chaos would make it hard for "them" to continue to live in the ways they prefer for any number of reasons from hit men to supply line disruptions.
Aren't there ways to broadcast Bitcoin txns using radio? I'm pretty sure someone was doing that at least 5 years ago.
Lastly, if we are willing to bootstrap our own monetary network and our own social media protocol, what is stopping us from bootstrapping our own mesh grid network and setting up our own local renewable energy grids?
We're kind of already doing that with the decentralized mining farms.
There is no argument. If an emp hits, bitcoin and gold will both be worthless. Clean water, food, and bullets will be the only money. And lol, yeah, have fun sending bitcoin back and forth on HAM networks while marauders are raping your family.
They shutoff the internet means they shutoff the economy. Banking, payments, ecommerce, utilities, healthcare etc. Yeah good luck shutting that down. Bitcoin is the least of your worries.
They shut off the power theyโve got about 3-4 days to get their arses out of dodge until the mob finds them and is ready and willing to lynch them (see Sri Lanka, they just got out in time).
Go ahead and try it would be my reply. Itโs a great way to get some parasite heads lopped which is WELLLLL overdue.
100% agreed.
Those are reasons diversifying is better than cultism
Not reasons gold is better than Bitcoin
They confiscated most of the gold in the US less than 100 years ago
You're gonna have much bigger problems
It's why you need some silver and gold. Incase, they do shut off the internet and electricity. Don't go wild and get a 100 tons of silver. You get something that's reasonable.
if they shut down the internet / the power, we have other problems than bitcoin. Deliverychains, hospitals, communication do not work... pure chaos.
if there is a partiell internet or power shut down.. no problem for bitcoin. bitcoin is dezentraliced.
If there is a global shutdown. as soon as we get the power / internet back and one bitcoin node is running... we are back
I was very curious too! But still no one has drop anythingโฆ