0 sats \ 3 replies \ @Fabs 19 Feb \ on: How the Rise of Bitcoin Could Actually Empower Silver bitcoin
I like your thinking, but: what position does silver have in a digital world?
Quite simply, we also live in a physical world. Many people want to hold something physical and tangible. With things like AI, I believe things that are "real" will regain their desirability. No need to have battery power or connectivity to transact. Plus, it's a private, non-IOU money
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And for that we will return to silver?
It's bulky, can get heavy, is subject to being faked (I don't know the fitting translation rn) is heavily manipulated through paper-silver and simply out-of-place in an increasing digital society- how many people born in 2000's still carry cash with them? Most only a bill or two for emergencies... That's it.
I like the idea, but I don't think it'll come to fruition again.
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Yes, it will be interesting to see
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