Post
Topic
Board Bitcoin Discussion
Re: Gold Bugs Attack Bitcoin In their Ads
by
7Priest7
on 17/03/2014, 21:33:13 UTC
Gold bug here as well, you know the old sayin " if you don't hold it, you don't own it ", that is why I shake my head at the etf's and paper gold market, firstly because no one realized they don't truly hold it and secondly the manipulation.

I still like to think of the golden rule, he owns it makes the rules Smiley

Funny stuff,
Executive Order 6102

There are three main crisis situations,
1. The government is collapsing, in which case they will enact another 6102.
2. The government spontaneously collapses, how do you eat/drink gold?
3. General Armageddon with the majority of the population dead(why will you be alive)

In situation 2 the majority of people will die during rioting/maritial law, then another big chunk will die of dehydration which has a three day time-span prior to death.
It would be at least a year before gold might come into play if you can survive/(secure your gold) that long.

In situation 3, assuming you are alive there is no logical reason to believe that Gold will have any major value in a post Armageddon world.

You are a fool to believe you can own anything in this world.
All that you have/ever have had will be taken from you eventually.