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To: Vermont Lt

If you look at it from the standpoint that everything has a value based upon what value you are able to get for that item of value.

As long as someone will accept your ‘stash’ for something you value more than the value of the ‘stash’, then you are fine.

But, having a ‘stash’ of bitcoins is not going to be worth much when, not if, the internet gets disrupted for whatever reason, be it war, terrorism, or just plain stupid hackers having a good time.

I prefer something physical, like cash, gold or silver, jewels or anything that can be traded in the street, hand to hand...................


5 posted on 02/03/2017 10:42:02 AM PST by Red Badger (If "Majority Rule" was so important in South Africa, why isn't it that way here?.......)
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To: Red Badger

As an aside, over the past couple of years whenever the price got ahead of itself, I would use it to by Gold or Silver. I have a lot more of tangible assets than I do bitcoin. I bought my “coin” early in the process so it is all “house” money by this time.

I dont disagree on the physical asset side.

I spend some time doing research on the crypto currency tech side, and you get a tunnel vision about the “value” of it. I am really just testing the waters to see how “known” it is.


7 posted on 02/03/2017 10:46:09 AM PST by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
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