3 ms·
If we dropped you into the middle of Syria right now, would you rather have: 1. $10,000 in USD currency 2. $10,000 USD equiv in gold 3. $10,000 USD equiv in bit
by tomkarlo 13y ago
If we dropped you into the middle of Syria right now, would you rather have:
1. $10,000 in USD currency
2. $10,000 USD equiv in gold
3. $10,000 USD equiv in bitcoin
I'm pretty sure the only practical answer is (1). That pretty much answers your question (2).
- brador 13y agoInteresting. But if 1. Was not available would you rather have 2. Or 3.?
- tomkarlo 13y agoObviously 2. Bitcoin is pretty useless if you don't have a dependable electrical grid or internet. I'd rather have $10,000 in USD, EUR or GLD than $1M in Bitcoin in a war zone where I had no other funds. Heck, I'd rather have gasoline or coffee than bitcoin.