Did you really think Chinese pump and dump scammers rigging Bitcoin into an artificial bubble could fool r0ach the physical silver barbarian?  You can't even grow hair on your arms.

The acceptability of metals as payment (since they're actual useful elements of the periodic table and not Ponzi schemes) will always be far higher than digital scamcoins, so there will always be motive for metals smuggling whether Bitcoin lives or dies.  Also, if a paper fiat money dies and fucks over everyone, people will never accept another paper money in it's place right afterwards either, and just about everyone sees valueless 0's and 1's as the same thing as a paper currency, so you're also fucked in that regard.

Another reason metals revaluation is inevitable:


Therefore the value of a penny (the thing made out zinc and copper) has to rise to something like 5-10 cents to exist at all.  Alternatively, a penny could be worth 1 penny, but a penny would buy you a lot more than it does now in a new monetary system.

As if people don't already use metal coins every single day already and have done so for the last 5000 years.  All metals revaluation does is give you options of higher denomination coins.  In any type of metals system it's never just gold only that's used, it's gold, silver, and copper.  Post metals revaluation would look something like this:

$10,000 1 oz gold
$5,000   1/2 oz gold
$1000    1/10th oz gold
$500      1/20th oz gold

$200 1 oz silver
$100 1/2 oz silver
$20   1/10th oz silver
$10   1/20th oz silver

$2       1 oz copper
$1       1/2 oz copper
$0.20  1/10th oz copper
$0.10  1/20th oz copper

Pennies pre-metals revaluation currently cost something like 1.8 cents to make.  They would probably use aluminum coins or something for coin denominations below copper like the penny.  That was the lowball estimate for silver. It's also possible silver could be a lot higher at something like 20:1 GSR with:

$500   1 oz silver
$50     1/10th oz silver
$25     1/20th oz silver

$5        1 oz copper
$2.50   1/2 oz copper
$0.50   1/10th oz copper
$0.25   1/20th oz copper

In the lowball figure, silver is still a +13.5x while gold is a +7.7x.  In the highball figure, silver is +33x vs gold's 7.7x.  If you used the lowball figure, you would likely pay 1/20th an ounce of silver for a pizza and the price would remain the same for decades.  If you tried to price the pizza in Bitcoin...it's not even possible to have anywhere near a remotely stable price in Bitcoin over a short period let alone decades, which is another reason it's useless as money and is just a Ponzi scheme.

Because it's so useful if the G7 or G20 banned Bitcoin but someone in North Korea has a 486 with the magical ledger of imaginary, valueless tokens on it!  The state can easily destroy and prevent the use of Bitcoin because running a police state in the digital world is cheap and cost effective (see Facebook, Twitter, the nation of China) while running a police state in the physical world requires orders of magnitude more resources.  Pretending it's harder to stop Bitcoin than metals is a flat out lie.  They require the govt's own infrastructure to even work at all.

Get off the drugs.  It's far easier for the state to make Bitcoin unusable than metals.  And confiscating metals is even less feasible than confiscating guns.  Even Shlomo Nakamoto says Bitcoin is useless vs state actors.

Nice try, Larry Summers.  Kind of easy to spot the kike shills nowadays when they claim metals are a "barbarous relic".  The last time they made the barbarous relic claim they went up 10x shortly after.  Gold price when this "barbarous relic" paper was posted?  Around $200:

https://www.nber.org/papers/w6436

Wait, so Bitcoin has 'developers' that can play God and alter my digital shitcoins in ways that I don't want?  What happens when the developer does this to my physical metals??? Oh wait....they can't!  Which is one reason metals are money and Bitcoin isn't.

Nobody actually uses Bitcoin for anything right now except sending to and from places like Coinbase to gamble, so of course it's semi-functional when nobody uses it.  Stop pretending what Hal Finney said isn't true, that Bitcoin is completely useless except as an intra-bank SDR on-chain scaling-wise.

You don't seem to comprehend that the pathway for Bitcoin is currently set to where ALL of your transactions would be done on Lightning Network, and as I've said for years, and as that post inadvertently shows you, all of your transactions will ALWAYS be routed through a permissioned ledger bank.  Not that it would ever gain any traction with the general public since it's the equivalent of operating a Rubix cube, so you don't have to worry about ever using Lightning Network anyway.

Still, what the fuck is the purpose of Bitcoin if all your transactions have to go through a permissioned ledger bank???  And don't give me any idiotic bullshit about "HURRR I'll just use on-chain".  No, you're not going to be paying $1000 transaction fees or whatever on-chain even if you were buying a car.  It makes 0 economic sense.

JayJuanGee, stop trying to downplay the fact that all or the majority of BTC's eggs have been placed in this basket called LN and as I just showed you, it's complete garbage.

I suggest everyone in this thread to read this post right this second concerning Lightning Network.  This is actually supposed to be a PRO-LN post, yet it comes off as just a comically dysfunctional Rubix cube that looks like something Comedy Central would post as a joke:

https://blog.muun.com/the-inbound-capacity-problem-in-the-lightning-network/

The idea that garbage could be in ANY WAY useful or usable at all for end users is outrageous.  And the post even inadvertently shows you why LN is designed to completely centralize where all your transactions will be routed through a single permissioned bank.  I LAUGH IN THE FACE of anyone that claims this is "the future".  The future of dystopia maybe.

JayJuanGee & Trollgoossens, since you're very slow on the uptake, what is your opinion of the fact that numerous people shilling FOR Bitcoin like Last of the V8s and the Popescu cult all believe the segwit coins will become anyone can spend and anyone using a segwit address will lose everything?  

I find this idea pretty hilarious myself since if it actually does occur, most users and exchanges would probably be affected, the price would go to zero, and probably nobody would ever touch Bitcoin again.  But that is how dumb Bitcoin shills are in 2019.  They believe this cataclysmic event actually will occur, yet they are still "bullish" because they're not using a segwit address.

No, I did not.  I made the statement payment channels are only useful as something like a backend exchange arb mechanism.  A proprietary financial tool and not something relevant to normal people.  Since routing is not both blinded and a mandatory, forced function of LN, it was always going to be a trojan horse scam to put people right back in the existing permissioned ledger banking system.  

Since opening channels would be retardedly expensive with mainstream adoption, the only functional way to do business is to route all your transactions through a bank that already have channels to everywhere relevant configured and enough liquidity to operate them since funds locked in different channels are not fungible with one another.  Hell, it's not even a good system for banks in practice, worse than what they already have.  Regardless, shilling for the Lightning Network is nothing more than shilling for the cashless society slavery system the bankers have espoused to want to force you into.

IMO segwit channels are only useful as something like a backend arb device between exchanges, not for end users.  The only endgame network topology of the Lightning Network is a system where you have a single channel open with a bank that routes all your transactions.  For Lightning Network not to have been a trojan horse scam, it would have required routing be a native feature like how mixing is a native Monero feature.  As it stands right now, anyone shilling for Lightning Network is shilling for 'the man', or 'the Jew' as the case may be.  As if Blockstream launching a satellite wasn't a dead giveaway it's backed by (((big money interests))).

Bitcoin is useless at 1 MB blocks, it's useless at on-chain scaling for any higher block size, and Lightning Network is also useless because it's just a permissioned ledger recreation of the already existing banking system.  WHY do you even bother talking about Bitcoin instead of physical metals?  Bitcoin would still be trash compared to metals even if it did scale, but it doesn't.  Transaction validators are designed to centralize, so it has no fundamentals, then even fails to scale while being centralized.  Digital shitcoin shills have got to be some of the biggest scammers the world has ever seen at this point.

Actually, who is to say collapse of civilization has not already occurred in states of bad demographics:

https://dailystormer.name/black-females-are-pushing-the-elderly-off-buses-wrestling-cops-half-naked-demanding-duels-in-classrooms/

https://dailystormer.name/california-80-diverse-skinned-high-school-students-attack-police-officers/

If/when the bottom drops out of the financial system, it's hard to tell exactly what will happen.  Under the Obama regime I seem to recall them passing a bunch of new laws to confiscate all resources, food, and everything else, so they'll obviously attempt to deploy the military to seize and control everything.  Assuming the govt doesn't lose control, you would likely go to a grocery store and it would be staffed by armed national guard everywhere.  If you have physical metals, you'll definitely still be eating.  If you have bitcoins, who the hell knows if they would have any use at all.

But there's A LOT of just flat out human garbage, ghetto retards that the govt has been subsidizing to reproduce year after year in these black ghettos, so I'm sure many areas of America would be flat out anarchy with no working grocery stores or anything and it would just look like Somalia.  Giant swathes of the country might die due to these bad demographics which are just not capable of functioning in a civilization without external subsidies.  If an area is something like 80-90% white, it would probably be rough there too for a while, but there will be some type of functioning civilization and life will go on.

It's pretty clear some factions were aiming for this stealth communism route I described as the crossover for when the current system blows up, but it's pretty obvious now the metals remonetization faction is winning instead, on the global scale at least.  The US itself could still fall to communist Jews but not places like Russia.  People have already seen what happened in the Russian, commie-Jew takeovers of the past, and even if you're currently a wealthy and powerful person, you might wind up dead before the whole thing is over, so there's little reason for anyone to support it (except psychopathic Jews whose main goal is solely to target and kill large amounts of white people).

As for population imbalances, you could try to be some type of psycho, societal macro-engineer and try to create events to get rid of X number of people, but hell, going back to sound money (which is an inevitability in some form) might do that alone.  Just turning off the food stamps will probably see all cities burn to the ground.  Ghetto blacks will go full level 5 chimpout and whites will either stand there and let themselves be killed or eradicate all the ghetto dwellers instead.  The future might look a lot like the Walking Dead show - instead of gated communities, barbwire walled communities fighting off endless hordes of 3rd world brown people.

We can have the $0k party in my basement.