But this guy indicates that the bitcoin advocates he know have no preps, no gold, and no guns.
On the contrary, I’ve met no bitcoin advocate who hasn’t espoused ALL of those things before talking Bitcoin.
I guess we run in different crowds.
Yep, he has missed the boat on a number of issues. One being a pot calling a kettle black. lol
He has a few good points but there again nothing most bitcoin advocates haven't already considered. I felt it needed to be posted for those who need to understand risks as well as potential of any cryptocurrency.
Bitcoin and others may serve as a backup to the dollar or other fiats around the world if/when we have a collapse and hyperinflation. One of the major things that John Williams of shadowstats.com warns about, is there is no backup for the dollar to be used in commerce or black market even - well, maybe there is...