Gold. It’s still there when the power goes out or an EMP event permanently takes out all electronic devices including computers.
“Gold. It’s still there when the power goes out or an EMP event permanently takes out all electronic devices including computers.”
Take your gold bars down to the local market and see if they will make change ...
When I hear people talk about EMPs I think of two things: They like to read apocalypse novels written twenty years ago. I also think that they haven’t really considered what the world would be like after a widespread EMP.
If a nationwide EMP went off, how you exchange ANYTHING for value would not be a primary concern. As they say, when that happens the “bag limit” restrictions are lifted. Neither bitcoin, cash, gold, or silver would get you much in trade in that world.
In fact, if an EMP was triggered over the US, it would require the detonation of a nuclear weapon over our land. Stop and consider for a second what that would mean to the world.
So…any argument against crypto or simple digital transactions that are based on an EMP going off in the US should be filed under the scenarios where lighting sets off nuclear bomb that moves the earth rotation into an asteroid that hits your house. In order words, its not worth considering.