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Author Topic: Would BTC replace gold/currency?  (Read 1355 times)
wsoei
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April 27, 2013, 04:32:12 PM
 #21

If it ever does, it wont be a long long time.
Miklosh Balsa
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April 27, 2013, 08:58:27 PM
 #22

Gold? No.
countryfree
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April 27, 2013, 10:12:36 PM
 #23

Haven't you ever experienced a power shortage? Or being in a place where you couldn't get an Internet connection?

Bitcoins would be useless and without any value in case of a major disaster like an earthquake, whereas gold would keep some of its value.

I used to be a citizen and a taxpayer. Those days are long gone.
discobean
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April 27, 2013, 11:07:05 PM
 #24

Probably not because governments won't be able to have fake stashes of coins.  I'm sure they will find a way though.
bitchess
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April 28, 2013, 12:06:48 AM
 #25

Haven't you ever experienced a power shortage? Or being in a place where you couldn't get an Internet connection?

Bitcoins would be useless and without any value in case of a major disaster like an earthquake, whereas gold would keep some of its value.

I disagree.  The bitcoin network will still operate since it's vast and global.  

Also are there physical bitcoins that have been created with keys on them or something?  just use those.  BTC can become much much more widespread, physical wallets etc.

In a nuclear holocaust situation, "guns and gpus" will replace "guns and gold"
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