21 sats \ 5 replies \ @MarsIronPI 20 May \ parent \ on: Stacker Saloon
Your mention of gold and silver gave me an idea: what if Bitcoin were our "internet money" ­— that is, what we used for making online payments ­— and then gold and silver were what we used face-to-face?
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10 sats \ 4 replies \ @TNStacker 20 May
Not face-to-face, but emergency barter money. bitcoin still works face-to-face except for the shtf scenario.
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21 sats \ 3 replies \ @MarsIronPI 20 May
Yes, but gold/silver currency has advantages over Bitcoin:
  1. Untracability by default (even if you mark a coin, you can't tell who owns it when you lose sight of it)
  2. No TX fees
  3. Doesn't require network access, so you can exchange currency in the middle of nowhere even without cell data
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10 sats \ 2 replies \ @TNStacker 20 May
LOL! No transaction fees! Ever heard of the premium? 😂😂😂
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21 sats \ 1 reply \ @MarsIronPI 20 May
No.
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0 sats \ 0 replies \ @TNStacker 20 May
I recommend you do more research before making declarative statements about in general, but especially when saying something has advantages over bitcoin.
Go buy some gold or silver, and then tell me your thoughts.
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