Just a comparison of the pros and cons of both bitcoin and silver/gold.
I may have missed some points. But I do cover here the most obvious pros and cons.
If there exists no electricity in the entire world then yes bitcoins would cease to exist along with all other modern technologies. If there is no internet there is still older ways to transmit data long distances. It may be slower but still worked back in the day. Even dialup would work
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What about when Bitcoin can be used to buy physical gold and silver?
ReplyDeletehttp://www.americanbullion.com/buy-gold-with-bitcoin/
The internet continues to change the way we do things, yet again. Thanks for the article!