Quote from: iamnotback on October 31, 2016, 01:32:50 AM

Quote from: tvbcof on October 30, 2016, 06:24:11 PM

The ridiculous fear-mongering leveraging the shallow depth of most people's conception of reality in a transparent attempt to artificially inflate Bitcoin at the expense of PMs is a pattern seen in various semi-notorious and/or semi-desperate scammers over the years.

Perhaps I'll re-visit this thread to flesh things out, but the short story is: Bitcoin and PM's are effectively the same thing with some modestly different and potentially symbiotic strengths and weaknesses. In anything approaching a bonafide 'collapse scenario', it would behoove one to have command of both. In a genuine collapse it could be life and death.

And you were the one two years ago in HashFast criminal Cypherdorc's thread who thought (still thinks?) Blockstream's side-chains are a viable technology (I have a very good memory). You lack technical insight and good judgment.

I tried to be liquid with gold and silver in the Philippines and I lost my ass because of it.

Before you spout off nonsense from your armchair, you should actually have experience.

You have no experience developing serious blockchain technology (I do, and how is that nonsense paracoin coming along?) and you have no experience trying to be liquid with precious metals outside of your comfy Western coin dealers (I do) and thus you are incorrect. When and if the SHTF, then if your comfy coin dealers are not able to service you, then you will depend on the innate liquidity of precious metals, meaning what the common person thinks of them. I suggest you go stand at the mall and try to give away a 1oz silver coin at $10 under spot as some guy did at numerous locations in the USA and nobody was interested to pay $10 for a 1oz silver coin. He was standing right in front of a coin dealer and even told them they could check the spot price inside. The masses do not think gold and silver are currency. Get a fucking clue.

As cited in my OP, those who have experienced economic and social collapse first-hand, have stated that only food, security, medicine, and sin goods are liquid during that scenario. Also any liquid currency that people know they can very readily exchange externally to the collapsed region. Precious metals (especially silver dimes!) don't qualify. Tinfoil hat wearing goldbug idiots are thinking that people will accept their coins in barter. Never going to happen dude. Get a fucking clue about reality.

You also are closed-minded because you are wearing a tinfoil hat (as I used to do) and thus you are blindly married to the concept in which you are vested.

You do realize I am @anonymint, also Legendary (plus a few Hero accounts as well) don't you?

Edit: Selling a 10 oz Silver Bar for $10 (When It's Worth $160) - EXPERIMENT -

Selling 1 Oz Gold Coin for $25 (when it's worth over $1,500)

Buying a 99¢ Taco with 1 Ounce Gold Coin (worth over $1000) - from Taco Bell's Drive-Through

Free $5 Bill or Free Silver Dollar? It's Up To You <--- make sure you listen at 1:30 to the guy who knows the spot price but still won't take the silver dollar!