Post
Topic
Board Altcoin Discussion
Re: The bottom will drop out of the alt market soon
by
r0ach
on 03/05/2016, 02:39:45 UTC
So no, from a rational point of view, gold doesn't actually make the most sense unless it can be easily converted, or you're living in a pre-industrial revolution civilization.

In most countries gold can be easily converted to local fiat and that makes it a sound alternative currency.

You took my statement completely out of context.  I was talking about a conversion of a commodity/resource to energy, NOT convertibility to fiat.