years ago it occurred to me that there are a lot of measures for intelligence. one of the most intellectually valuable skills is knowing how to give proper risk allocation to various probability scenarios.

when I was younger, I would read survivalist fiction and kinda romanticize "prepping". having some gold, ammo, tools etc is fun.

Realistically, if the power and Internet go down and stay down, gold bugs and bitcoiners are equally fucked. dead.

its silly to imagine a scenario like you'd see on TV.

so back to my first point. he's already a bitcoiner. he understands human nature and scarcity. now think about what's most likely, a post apocalyptic scenario where people are trading goods and services for gold?

-or-

a scenario like Venezuela, Argentina or Beirut?

hyper inflation makes it hard but hardly impossible to buy the things you need. gold is great, but hardly better (less fungible).

If I tried to buy something on the black market, I'd rather have a phone and some btc than gold that, 1.) I need to prove is real, 2.) a file to shave some off, 3.) a scale to weigh it and 4.) a security team to keep me from getting shot.

It’s really hard for me to keep a straight face when people say things like this to me but the boomer “gold bugs” are a skeptical crowd. Be patient with them!

🍻🧡👊🏻🥩

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