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RE: Mike Adams is warning that Bitcoin is going to Crash!!!

in #bitcoin7 years ago (edited)

Well it was worthless to the native americans, good for making pretty things but you couldn't trade anything with it, in fact only the highest orders had access to it, and I'm talking about the highly civilized people, Aztecs Mayas and Incas, you could buy nothing with gold, you could buy with cacao beans though.
Food is the basis of life, without it you starve, cheers.

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So your whole opinion is that our civilization as we know it will end, and the people that manage to survive, will go back to sitting in teepee's bartering food scraps. Sound like fun to me!!

No, I think that's the opinion of most of the people who post here, I don't have an inkling as to what is going to happen, but if the dollar fails completely we are going to be in a very tough situation, by the way I live in Honduras, and we would be really screwed if this happened.

You say if the dollar fails we are in trouble, all fiat will fail eventually. For any society to function you need some form of medium of exchange. Just because you have food to sell, doesn't mean you have to take my shoes I made for it! So the best way for this situation to work smoothly is to use something we both can exchange to others for what we need. The metals are the only medium of exchange that has always worked for the 5000+ years of human civilization. Cheers