[nitzy]

Oh come on....

Do you get your paychecks direct deposited into your account? Do you have any money in stocks or bonds or mutual funds or a 401K or in a bank account or credit union??????? You do realize that they aren’t actually “holding” any money for you right? All you really have are 1’s and 0’s in a computer somewhere.

How on earth do you plan on getting to any of that after a mass EMP event???

I don’t think anyone ever claimed that bitcoin is absolutely bullet proof against any eventuality. I do think it is as legitimate as electronic “dollars” as a medium for transactions.

[jjsheridan5]

Actually, you don't go far enough -- one of the strenths of bitcoin is that it dwarfs other frameworks in terms of resiliency. I forget the actual number, but I believe that in excess of 99% of all nodes would have to be destroyed in order to affect the network as a whole. Given that these nodes are strewn across the world, it is almost certainly true that bitcoin is the safest digital method of holding on to wealth. And given that bitcoin can also be stored in a mason jar in the backyard, and in a safe-deposit box, and in a physical wallet, simultaneously, I would submit that it is also the safest physical holder of wealth, as well.