Quote from: minor-transgression on July 28, 2015, 09:30:10 PM

In a near-total collapse therefore something similar
to the old trimetallic currency would quickly become a form of liquidity,
and though it could be cigarettes, or whiskey, of tinned sardines,
a mixture of gold and bitcoin could work together given enough
infrastructure is retained.

Which brings me to the subject of Liquidity: MA only partially understands
its importance judging from his posts. Put simply, once Liquidity goes,
we _will_ have to fall back to gold and bitcoin.

Do not try to argue against MA on facts of historical outcomes, because he has 6000 years $1 billion of backtested data so he knows what happens. No theories needed.

What you apparently did not enter into your analysis is that in F.U.B.A.R. mad max collapse, if you attempt to spend gold, you become a target for marauding gangs and also in any government haven a target for expropriation by the government.

Anonymous crypto-coin yes, it might work (but will we be able to keep the network up and running?).