gold on the other hand REQUIRES;
1. Deisel
2. roads and transport
3. Miners sluice machines, trucks and foundries to process gold
4. Buyer.
5. Seller.
You failed to answer my question or to even acknowledge if your power or internet ceases to function (for whatever reason), what then is bitcoin? What's wrong that you can't answer this question?
I'll reiterate in case you forgot. A STORE OF VALUE needs to be functional 100% of the time - otherwise it's NOT a store of value.
firstly.. bitcoin has been running constantly 24/7 for 13 years 9months
secondly Store of value does not need to function 24/7.. banks only operate during business hours. ATM's fail run out of money all the time..
banks have had many issues and outages..
as for me not having electric..
well ive never had a brownout-blackout and so not been affected. if i was id use my phone as that has a battery or id to a neighbour..
if you think gold "has to function" for trade 24/7 in your home.. you are not realising people do not trade gold in YOUR home. they trade it in multiple places... same goes for bitcoin.
my home internet has nothing to do with bitcoins store of value.
for there to a a global electric and internet switch off/blackout.. i dont think people would be caring much about bitcoin. they would be more worried about the nuclear bombs or the asteroids that went off to cause such a mega electromagnetic pulse..
so although you want to cry about catastrophe level things. your just fantasizing.
if you want to talk about local problems. there are solutions
heck if there was a electric blackout of just a town level.. well banks and retailers of fiat will have the same problem.
pawn brokers wont be able to open their time release vaults to get to their gold. so gold trades would be hit too
i could go on but i thought it was all common sense and didnt need explaining..