Property doesn't need technology to be valuable.
Discussion
Technology doesn't need property, period.
AIs don't need to rent a house.
Demand β¬οΈ
BITCOIN IS DIGITAL PROPERTY...
I CONTROL MY PRIVATE KEYS. Nobody else can access or move my Bitcoin without my consent.
ITβS BORDERLESS. I can send it anywhere in the world, no bank or government approval needed.
ITβS CENSORSHIP-RESISTANT. No authority can freeze or seize my Bitcoin if I secure it properly.
ITβS MINE TO HODL. I decide how long I hold it, no pressure from anyone else.
NO MIDDLEMAN CAN STOP ME. Transactions are peer-to-peer, cutting out banks or payment processors.
ITβS VERIFIABLE. I can check the blockchain myself to confirm my Bitcoinβs authenticity.
ITβS FINITE. Only 21 million will ever exist, and no one can inflate that supply.
I CHOOSE MY WALLET. I pick how I store itβhot, cold, or otherwiseβbased on my needs.
ITβS PSEUDONYMOUS. My transactions donβt need to reveal my identity if I donβt want them to.
I CAN USE IT ANYTIME. The network runs 24/7, no holidays or bank hours to worry about
You might want to grab some while supplies last...
I appreciate your passion, but I understand bitcoin and have some. I'm simply saying you can't compare it to water and land. Turn the power off, and we'll see how well bitcoin serves you.
Okay so what ... My guy if the power goes out and doesn't come back on gold, Bitcoin, silver , Fiat are illrelivnt...
Guns , ammo , food etc .. will be more valuable.
Is the electricity your biggest worry then ? Is that all ? π€
Heheh. Yes, bullets, food, and water. And land. Before you're cult-like rant explaining bitcoin to a person who already understands its importance, my guy, all I said was property doesn't need technology, or energy input, for that matter, to be valuable. I don't understand why that's triggering for you. You people are like religious zealots. It's wild.
You're assuming there will always be power and internet.
Absolutely if it ever goes out , game on ...
The "what if the power goes down" argument is probably the lamest one in the book.
In that case, yes, Bitcoin will be useless.
So will gold.
So will Tesla stocks.
So will money in the bank.
The only things of value will be food, water, and guns.
BUT - when the power comes back on - and it eventually will - you will have the exact same amount of sats you had before it went out.