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It's scare. Yes. It's a rock trading card that people have been trading for thousands of years. The industrial uses exist, but it's a vehicle of Economic exc
by throwayEngineer 7y ago
It's scare.
Yes.
It's a rock trading card that people have been trading for thousands of years.
The industrial uses exist, but it's a vehicle of Economic exchange.
This is why I find Bitcoin useful. It's nuclear chemistry proof.
- SubiculumCode 7y agoLet us say that there was a nuclear war, and everyone left is near starvation, lacks resources and security. What holds value? Gold? I'd say useful or desired commodities: Food, fuel, guns, working machines, liquor, tobacco. Perhaps gold will be settled on as the most fungible (and transportable) material for trade, but if I were preparing for such times, I would be betting on the commodity, not an inert bit of metal.
- Nasrudith 7y agoOf course those commodities are pretty terrible currencies in non-destabilized to a dark age times.
- EpicEng 7y ago>This is why I find Bitcoin useful. It's nuclear chemistry proof. But not people proof, as it's wild fluctuations will attest to.
- mrob 7y agoIf we have energy cheap enough to make nuclear transmutation a practical source of gold then the economy is already unrecognizable.
- germs12 7y agoCompletely agree.