You are viewing a single comment's thread from:

RE: Why Gold and Silver before Crypto Currencies

in #new8 years ago

That's as good a rationale for holding/swapping some precious metals as I've heard in a while. The gold-peddling YouTubers really promote them as money after-the-crash, but c'mon, we live in an Internet connected world and governments and business are NOT going back to barter with gold coins. They're more likely to ban cash and PM's altogether IMO. That means crypto of either the open source or government variety is what will be used for commerce. Junk silver etc might have a role in a black market economy in a SHTF scenario, but probably second fiddle to guns, ammo, whiskey, antibiotics, weed, tampons, and toilet paper.