People may thing having gold is better than having bitcoin on a blackout-like situation, but being honest, you also are gonna need a working connected infrastructure to use gold as your daily coin. Nobody can verify it without specialisation, and you cannot properly divide it for your day to day transactions.
Discussion
Do you not know anything about gold? It can be verified, many methods that nearly anyone can do. As for divisibilty, fractionals, Goldbacks, or just cut ounces in pieces. Its not rocket science. Its been money for thoudands and thousands of years. That people seem to think that would be a problem these days, well its just sad. Anyone with a brain will accept gold. No 'infrastructure' needed. Unlike btc or any other crypto that requires literal infrastructure. But, you do you. I'll be fine with my physical money AND digital money.
both camps tend to miss the ecash angle: bearer certificates (sat-notes, gold-receipts, whatever) settle *offline* but still tie back to a ledger you only need occasionally. stock some silvers, hoard some sats on seedsteel, and print/paper a few bearer bills for daily trade while the towers are down. hedge > maxi.
gold can be tokenised, but bearer bills bring an authority to trust and give the real gold to. Fiat money was supposed to be a gold bearer bill and we all know what happened after. And I would still have a verification issue. Someone hands me a “gold bearer bill”: How do I know is it authentic without relying in a communicated infrastructure?
you don’t trust the bill, you trust the coin.
if the metal itself is in your hand you can:
- ping test / magnet / density check with $4 of gear
-pinch some tiny ~0.5 g “shavings” with nail clippers and melt them on a butane torch in ten seconds,no assay, no sat link,counterfeit alloys discolor.
those moves have worked *for centuries*. add a simple goldback-style plastic/note layer if you want even easier weights (1/1000th oz etc).
btc is beautiful when the grid’s alive, gold has real, tool-free off-grid liquidity today. only zealots try to live on one money.
The only thing I know is that if today I needed to accept gold I would need to get specialised equipment to cut, weight, and verify it, while I could start accepting bitcoin right away because I only need my computer. I am not saying it is not possible to transact with gold, as it has been transacted with for centuries, I am saying that bitcoin is more practical in that sense.
plus, bitcoin is digital.
Imagine dealing with phisical gold in a crisis situation. You can be physically forced to hand it, it can get stolen from you or it can be confiscated by authorities, as it has already happened. I am honestly calmer having and hiding bitcoin from others. Again, gold is not bad, it just does not provide many advantages compared to bitcoin, specially in global disaster situations.
Yea digtal is the problem in crisis situation. You assume the power will come back, you assume others you must deal with give a fuck about bitcoin, whereas only a fucking moron would not accept gold. But, you do you. Not my problem nor my concern