But absolutely useless for transacting with anyone.
Discussion
correct - it is NOT medium of exchange for remote exchange
it can physically exchanged after WW3 starts - nuke is dropped - all power + internet is gone
Well even for local exchange etc. To barter with is impossible due to denomination issues, to swap for fiat costs % for commissions... Basically it's useless.
local hand 2 hand barter bitcoin is same like gold grain exchange in person when EMP is droped in ur neighborbood - coldcard sats card only only so long comm outage is up again
topic is DECENTRALIZATION not medium of exhange
It's good to be prepared, but I don't want to barter a Krugerrand to buy a loaf of bread...
again the topic
bitcoin is best for that not until WW3 / EMP / u standing amazon or sahara with your seed
topic is post - not barter not exchange not anonmity
#DECENTRALIZATION
Well, I don't believe in nukes/ emp weapons, so think I'll be fine. Mad Max was a funny film though
again not the topic - #decentralization is what stated
physical gold has hodlers worldwide than bitcoin (also not need any electronic device to hodl or swap or tech knowledge)
I can swap sats with anyone with a mobile instantly and low cost and any denomination. You can't do that easily with gold. Admittedly, you can swap for fiat if needed in most places, but you pay commissions and it can take some time. You then need to use fiat to transact.
what does the word "decentralization" has to do with this?
bitcoin seed is worthless when u cannot send it via sat or node or no power warzone
It retains it's value and not so easy to confiscate as gold.
bitcoin is more easy confiscate n block
chainnalaysis has done shown many times
gold confiscate each individual is not easy
we not discussing TRANSPORT / MEDIUM OF EXCHANGE
topic is #DECENTRALIZATION of HODLERS worldwide
sure! Go and confiscate Satoshi's Bitcoin then!
IRS chainanalysis other need looking in future for it when spend back onchain again
that how they seize bitcoins or seeds
nostr:npub1zsyt45zfh2u28zuhvp66lljp8s6jrwlw7ckvfn34255e7jt37t9qx0xwsm then send ur SATS for lawyer who is defending them = since their SATS are confiscated already
Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses
Wednesday, April 24, 2024
This is ONE case, in EVERY case if you are arrested, you lose your gold. Also you can't even change country with your gold. The gold is stuck!!!
When police raid your house, they can confiscate gold easier than words in your head. This is a fact.
