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> It's the only asset that doesn't require me to trust an institution or an individual. It can't be confiscated. It's rules are known. If we really want to tak
by trgv 9y ago
> It's the only asset that doesn't require me to trust an institution or an individual. It can't be confiscated. It's rules are known.
If we really want to take this argument to an extreme, the government can kill you, torture you, throw you in a jail cell, or otherwise apply force until you give up your bitcoins.
If I thought the world economy was on the brink (I don't) I would buy non-perishable food, water, firewood, a generator, fossil fuels, solar power, etc. Of course the government could kill me and seize all of that too, so I'd probably want to buy a bunker in some remote part of the world.