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36 sats \ 0 replies \ @DarthCoin 12h \ on: Gold was used for persistent data storage too bitcoin
I still do not understand why some people are still buying gold or silver as "value storage"... IT IS REALLY DUMB.
What are you going to do with that pile of metals ? Going to buy a coffee or a bunch of potatoes? Don't think so.
If you are really into "doom scenario" where no electricity, no internet is runn ing, so no bitcoin also, I could understand your scary scenario, but also gold bars will not help you too much.
In such a doom scenario gold will be totally useless, everybody's priorities will be: water, food, salt maybe batteries and fuel and other important things, than gold.
Guys, please re-watch the whole "MadMax" saga just to have a glimpse of the reality of a doom scenario... gold will be just as another metal... a material that will have a sole purpose, but not as money or medium of exchange.