thats my point in such a world nobody needs gold and silver, basically guns and food.
anyway all solarpanels, gas generators etc. must be destroyed and every radio too, thats a joke,l and on top of that as already mentioned you can simply write down seeds etc.
gold is sound money but theoretically besides of some electronical parts its worthless compared to bitcoin, in every aspect besides of 5000 years trac record
everything has limitation "based on circumstances" nothing , nothing is above all - where gold can fail bitcoin can work , where bitcoin fails gold can work - dollar price is useless shit in such circumstances (even Snowden told that in ams. event)
i don’t agree. as a industry metal gold might have its thing but in a doomed world nobody produces anything. why dollar price? dollar is a worthless shitcoin. you trade bitcoin for food or weapons in such circumstances.
that was not topic = topic was under what circumstances bitcoin can be worthless or sitting duckas medium exchange when something physical can work person to person
it is worthless in a situation where your partner won’t accept it. 💁♂️
that is another point
100% acceptance is key gold is 80% ahead worldwide in that = bitcoin adoption rate has go up more next 30years - price increase is NOT adoption
acceptance
usability
thing to remember n learn - valid for both
adoption will grow with price appreciation back and forth. no worries. i mean an island where you are the fisherman and another person is a coconut seller. the coconut guy in s hungry and you have fish. in such a situation every medium of exchange is worthless. 😅 but thats completely nuts to think of the end of all mankind…
such a circumstance is very possible - bitcoin remains UNUSABLE even if 2 person agree to accept just wait with seed - EMP strike or solar flare is never out Q even if u not in warzone or jail
🤔 i don’t think it’s very possible. But that could be a possible situation i agree.
adoption will grow slowly among normies once then difference bitcoin vs shitcoin/cbdc
