years ago it occurred to me that there are a lot of measures for intelligence. one of the most valuable skills is how to give proper risk allocation to various scenarios. when I was younger, I would read survivalist fiction and kinda romanticize "prepping". having some gold, ammo, tools etc is fun.
Realistically, if power and Internet go down and stay down, gold bugs and bitcoiners are equally fucked. dead.
its silly to imagine a scenario like you'd see on TV.
so back to my first point. he's already a bitcoiner. he understands human nature and scarcity. now think about what's most likely, a post apocalyptic scenario where people are trading goods and services for gold?
or a scenario like Venezuela, Argentina or Beirut?
hyper inflation makes it hard but hardly impossible to buy the things you need. gold is great but hardly better (fungible).
If I tried to buy something on the black market, I'd rather have a phone and btc than some gold that I need to prove is real, a file to shave some off, a scale to weigh it and a security team to keep me from getting shot.
its really hard for me to keep a straight face when people say things like this to me.
telluride / Telluride
npub193…xny6k
2024-09-26 01:57:01
in reply to nevent1q…ndea
Author Public Key
npub193jegpe9h0csh7al22mkcstqva2ygyny7ura8kwvrn4tsmtnl4lsrxny6kPublished at
2024-09-26 01:57:01Event JSON
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"content": "years ago it occurred to me that there are a lot of measures for intelligence. one of the most valuable skills is how to give proper risk allocation to various scenarios. when I was younger, I would read survivalist fiction and kinda romanticize \"prepping\". having some gold, ammo, tools etc is fun.\n\nRealistically, if power and Internet go down and stay down, gold bugs and bitcoiners are equally fucked. dead.\nits silly to imagine a scenario like you'd see on TV. \n\nso back to my first point. he's already a bitcoiner. he understands human nature and scarcity. now think about what's most likely, a post apocalyptic scenario where people are trading goods and services for gold? \nor a scenario like Venezuela, Argentina or Beirut?\n hyper inflation makes it hard but hardly impossible to buy the things you need. gold is great but hardly better (fungible). \n\n If I tried to buy something on the black market, I'd rather have a phone and btc than some gold that I need to prove is real, a file to shave some off, a scale to weigh it and a security team to keep me from getting shot.\n\nits really hard for me to keep a straight face when people say things like this to me.",
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