One difference - Gold does not depend on the internet or the grid.đ (normie)
Reply by South African BillionaireâŚ
Yes, gold doesnât depend on the internet or the gridâŚin theoryâŚbut letâs be realâŚif the power grid and internet went down globally, weâd be dealing with full-blown societal collapse. At that point, owning gold wouldnât matter unless you can eat it, defend it, or trade it with someone who still thinks shiny rocks are worth canned food.
Also, letâs not pretend everyone who âownsâ gold actually possesses it. Most gold ownership today is just paper claims (ETFs, vaulted reserves, custodial holdingsâŚactually all recorded and monitored via DIGITAL DATABASES ON TECHNOLOGY THAT WOULD NOT WORK IF THE INTERNET AND GRID WENT DOWN) which ironically DO rely on the internet and financial infrastructure. If the grid goes down, good luck accessing your âallocatedâ ounces sitting in a vault 5,000 miles away đ
Meanwhile, Bitcoin offers something gold never couldâŚself-custody, portability, divisibility, and borderless transfer. If we are in a Mad Max scenario, the medium of exchange will be bullets, not bullion. But short of that, Bitcoin gives you freedom and access that gold simply canât match in a modern worldâŚ
Letâs entertain the âno internet, no gridâ scenario. You think gold gives you the upper hand? Letâs be honestâŚif you donât have physical possession of your gold in your hand (not some vault slip, ETF, or custodian login), youâve got nothing. And even if you do have bars at home, how exactly are you planning to trade them in a crisis? Shave off slivers? Carry it in your pocket and hope someone accepts it? Verify its authenticity with⌠what, your survival kit x-ray scanner? đ Gold bugs forget the verification difficultiesâŚcould go on and on here!!
Now flip the scenario: the grid and internet start coming back online. Bitcoin doesnât need a branch office, armored truck, or FedEx shipment to âwake up.â Itâs software/digital. As soon as one node connects, and then another, the network starts syncingâŚblock by block, wallet by wallet. Your Bitcoin, even if stored offline, instantly becomes liquid and globally accessible again. No middlemen. No delay. No paperworkâŚGLOBALLY, INSTANTLY!!
Bitcoin will be the first monetary asset to come alive the moment the lights flicker back on. Gold? Itâs still sitting there, waiting for someone to weigh it, test it, or ship itâŚlike itâs 1805.
Bitcoin isnât dependent on the gridâŚit just uses it better than anything else ever created đ¤¸ââď¸
#bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr
ftcb21 / Satoshis Nephew
npub1r9âŚ4twmh
2025-05-02 14:22:14
Author Public Key
npub1r9rkzmcv3qqw2lz8u8pkxd5djnvm40khzcehdryu9405spjhe2hs54twmhPublished at
2025-05-02 14:22:14Event JSON
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"content": "One difference - Gold does not depend on the internet or the grid.đ (normie) \n\nReply by South African Billionaire⌠\n\nYes, gold doesnât depend on the internet or the gridâŚin theoryâŚbut letâs be realâŚif the power grid and internet went down globally, weâd be dealing with full-blown societal collapse. At that point, owning gold wouldnât matter unless you can eat it, defend it, or trade it with someone who still thinks shiny rocks are worth canned food.\n\nAlso, letâs not pretend everyone who âownsâ gold actually possesses it. Most gold ownership today is just paper claims (ETFs, vaulted reserves, custodial holdingsâŚactually all recorded and monitored via DIGITAL DATABASES ON TECHNOLOGY THAT WOULD NOT WORK IF THE INTERNET AND GRID WENT DOWN) which ironically DO rely on the internet and financial infrastructure. If the grid goes down, good luck accessing your âallocatedâ ounces sitting in a vault 5,000 miles away đ\n\nMeanwhile, Bitcoin offers something gold never couldâŚself-custody, portability, divisibility, and borderless transfer. If we are in a Mad Max scenario, the medium of exchange will be bullets, not bullion. But short of that, Bitcoin gives you freedom and access that gold simply canât match in a modern worldâŚ\n\nLetâs entertain the âno internet, no gridâ scenario. You think gold gives you the upper hand? Letâs be honestâŚif you donât have physical possession of your gold in your hand (not some vault slip, ETF, or custodian login), youâve got nothing. And even if you do have bars at home, how exactly are you planning to trade them in a crisis? Shave off slivers? Carry it in your pocket and hope someone accepts it? Verify its authenticity with⌠what, your survival kit x-ray scanner? đ Gold bugs forget the verification difficultiesâŚcould go on and on here!!\n\nNow flip the scenario: the grid and internet start coming back online. Bitcoin doesnât need a branch office, armored truck, or FedEx shipment to âwake up.â Itâs software/digital. As soon as one node connects, and then another, the network starts syncingâŚblock by block, wallet by wallet. Your Bitcoin, even if stored offline, instantly becomes liquid and globally accessible again. No middlemen. No delay. No paperworkâŚGLOBALLY, INSTANTLY!!\n\nBitcoin will be the first monetary asset to come alive the moment the lights flicker back on. Gold? Itâs still sitting there, waiting for someone to weigh it, test it, or ship itâŚlike itâs 1805.\n\nBitcoin isnât dependent on the gridâŚit just uses it better than anything else ever created đ¤¸ââď¸\n\n#bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork #asknostr ",
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