Quote from: toomsie on January 21, 2014, 02:04:09 PM

Do you think that Bitcoins death effects would precious metals.
Many liberterian who own bitcoins also own gold and silver. A death
of bitcoins could mean they could rush to buy gold and silver.

I know a fairly "famous" doomsday prepper. By famous I mean national best selling books, TV interviews etc. He's actually quite normal in a way, lol.

But he of course is a huge hoarder of gold, silver (mostly silver), and even older nickels. I asked him about Bitcoins. He says, I know a little bit about them, I own about 15 of them simple through donations years ago. Do you believe in them? "Yes and no. Now, sure. But good luck trading with them in the upcmoing global apocalypse."

Now this is one person but I can see a lot of people with this mindset. I own both gold and Bitcoin. But a lot of the true "hoarders" of metals want something physical to hold.