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RE: [dtube] Bitcoin Will Replace Gold Within Decades

in #cryptocurrency7 years ago

Gold sucks as an investment, but it is the ultimate reserve. Governments all around the world don't use their own fiat currency as a reserve; they use gold! Why? Because there will always be someone willing to take an ounce of gold as payment. The point is to hold a small amount of gold bullion in case everything else tanks and 5% gives you a nice reserve to restart with. This is better than being cut off from both fiat and crypto currency at the same time. No power= no crypto, no bank, no credit card= no food. They don't need to take down the entire inter net, just your local power stations. Greetings!