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If your country is conquered by war, then your fiat goes to zero, and your gold is confiscated (or very difficult to transport). There are extremes where Bitco
by 0x4f3759df 9y ago
If your country is conquered by war, then your fiat goes to zero, and your gold is confiscated (or very difficult to transport). There are extremes where Bitcoin goes to zero, but there are also extreme events where it has a lot of value.
- jbob2000 9y agoIf your country is conquered, you are ordered at gunpoint to open the safe full of gold. The same thing would happen with bitcoins - you're ordered at gunpoint to send them to the winning party. To be honest, if your country is conquered, the last thing the winning party wants is a couple of bits and bytes on a hard drive. What's far more valuable is the natural resources, workforce, factories, etc.