I believe gold is the ultimate money and investment. It can beat them all. Cryptocurrencies are also very very good but they are not perfect. They don't stand a chance in war like situations where there is no law and order and where the infrastructure that supports a civil society is broken. A prolonged power blackout or internet outage can separate you from your money. Hackers will also double down on their activities and raid cryptocurrency exchanges and wallets with impunity in the absence of a deterrent like a functioning justice system. I am just looking at what a wasteland the middle east has become, how the U.S. is rapidly changing from what we used to know it for, it looks like Europe is being overrun by terrorists and then we have this new kid on the block Kim Jong Un. Is there an assurance that the world will be able to maintain reasonable amount of civility for the transition to cryptocurrencies to happen without serious disruptions?
You are viewing a single comment's thread from: