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re: What is the contingency for Bitcoin if there is massive internet or power fail?
Posted on 1/29/14 at 6:28 pm to cwill
Posted on 1/29/14 at 6:28 pm to cwill
quote:
Yeah, I've never understood the value of gold in a post-apocalyptic world where we're all fending for ourselves with our AR-15s and living off of canned goods in our survival bunkers. Who's going to sell you a can of beans for a gold coin????
I kinda agree that during the immediate aftermath of an apocalypse that gold won't get you anywhere. However, it is unlikely that there would be a global fall-out. Gold would serve quite well if you needed another currency that didn't crash. Also I wouldn't underestimate gold. For whatever reason man has always placed a high value on it throughout human history.
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