Viewing a response to: @alexwyn/gold-bugs-really-need-to-wake-up
Hell of a read you have here. Just 2 observations. 1. Cryptocurrencies will always be at risk of the (unlikely) event of a global crisis. Power is a major concern in some countries with strained infrastructures (In South-Africa for example). In such a situation, if the world is *solely* reliant on cryptocurrencies, it could be catastrophic... 2. The above is unlikely and the world is becoming more connected daily, so I believe that it is inevitable that people will shift towards crypto. But I do not think relying on crypto completely is a good idea.
| post_id | 3,116,552 |
|---|---|
| author | business-trail |
| permlink | re-alexwyn-gold-bugs-really-need-to-wake-up-20170527t165226822z |
| category | life |
| json_metadata | "{"app": "steemit/0.1", "tags": ["life"]}" |
| created | 2017-05-27 16:52:24 |
| last_update | 2017-05-27 16:52:24 |
| depth | 1 |
| children | 1 |
| net_rshares | 793,984,353,602 |
| last_payout | 2017-06-03 16:52:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.078 SBD |
| curator_payout_value | 0.305 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 556 |
| author_reputation | 15,647,481,416,580 |
| root_title | "Gold Bugs Really Need To Wake Up" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| riverhead | 0 | 276,822,395,576 | 2.7% | ||
| pairmike | 0 | 7,668,926,825 | 9% | ||
| pheonike | 0 | 6,491,293,233 | 2.7% | ||
| nenad-ristic | 0 | 2,024,506,473 | 9% | ||
| carlos-cabeza | 0 | 167,157,237 | 9% | ||
| instructor2121 | 0 | 2,788,412,116 | 9% | ||
| lola-carola | 0 | 153,909,306 | 9% | ||
| samether | 0 | 678,913,030 | 9% | ||
| pangur-ban | 0 | 235,789,641 | 9% | ||
| dahaz159 | 0 | 296,547,560 | 9% | ||
| tee-em | 0 | 2,195,862,220 | 9% | ||
| grandpere | 0 | 7,574,695,107 | 9% | ||
| albertogm | 0 | 3,261,162,195 | 9% | ||
| crok | 0 | 450,811,679 | 9% | ||
| tyler-fletcher | 0 | 691,150,114 | 9% | ||
| razvanelulmarin | 0 | 2,560,882,446 | 9% | ||
| venuspcs | 0 | 9,303,586,370 | 9% | ||
| sgtechservices | 0 | 1,572,197,802 | 9% | ||
| vl248 | 0 | 1,891,930,394 | 9% | ||
| cloh76 | 0 | 1,141,303,948 | 9% | ||
| dwinblood | 0 | 9,975,124,783 | 9% | ||
| jaycobbell | 0 | 1,582,011,684 | 9% | ||
| condra | 0 | 3,680,020,933 | 9% | ||
| raymondspeaks | 0 | 1,870,252,656 | 9% | ||
| luisucv34 | 0 | 808,339,714 | 9% | ||
| fiveboringgames | 0 | 1,492,892,295 | 2.7% | ||
| phenom | 0 | 3,668,467,915 | 9% | ||
| blueorgy | 0 | 5,118,421,609 | 9% | ||
| bitcoiner | 0 | 10,844,858,506 | 9% | ||
| jedau | 0 | 1,214,507,688 | 9% | ||
| kooshikoo | 0 | 322,444,807 | 1.8% | ||
| tygergamer | 0 | 3,165,074,710 | 9% | ||
| bkkshadow | 0 | 511,177,480 | 1.8% | ||
| dirty.hera | 0 | 116,362,651 | 9% | ||
| gomeravibz | 0 | 3,648,057,833 | 7.2% | ||
| always1success | 0 | 1,029,692,568 | 9% | ||
| stephen.king989 | 0 | 2,990,419,374 | 6.3% | ||
| cmorton | 0 | 506,635,946 | 2.7% | ||
| vegascomic | 0 | 495,664,398 | 9% | ||
| seadroo22 | 0 | 276,322,385 | 9% | ||
| dollarvigilante | 0 | 20,964,610,624 | 9% | ||
| anotherjoe | 0 | 19,273,260,596 | 9% | ||
| serejandmyself | 0 | 16,962,936,759 | 9% | ||
| skylineking88 | 0 | 65,287,123 | 9% | ||
| mrlogic | 0 | 889,695,007 | 9% | ||
| barrycooper | 0 | 17,158,964,087 | 9% | ||
| sethlinson | 0 | 1,656,011,778 | 9% | ||
| shadowspub | 0 | 2,698,216,484 | 9% | ||
| leno4ek | 0 | 265,930,058 | 9% | ||
| nulliusinverba | 0 | 485,190,098 | 9% | ||
| charlie777pt | 0 | 2,742,180,877 | 9% | ||
| mikehere | 0 | 1,931,027,661 | 9% | ||
| randomli | 0 | 226,320,113 | 9% | ||
| l0k1 | 0 | 4,733,610,884 | 9% | ||
| kralizec | 0 | 865,280,868 | 9% | ||
| ebargains | 0 | 3,417,780,359 | 9% | ||
| kiwideb | 0 | 5,068,788,195 | 9% | ||
| pjo | 0 | 183,962,194 | 9% | ||
| dexter-k | 0 | 7,919,473,672 | 9% | ||
| charlieshrem | 0 | 25,787,450,066 | 9% | ||
| tracemayer | 0 | 5,357,267,008 | 9% | ||
| burnin | 0 | 1,608,715,334 | 9% | ||
| teseo | 0 | 147,617,742 | 9% | ||
| bestofreddit | 0 | 196,893,503 | 2.43% | ||
| worldtraveler | 0 | 404,921,264 | 9% | ||
| develcuy | 0 | 633,178,240 | 9% | ||
| haphazard-hstead | 0 | 2,777,656,963 | 9% | ||
| fortinbuff | 0 | 2,833,407,844 | 9% | ||
| aksinya | 0 | 976,995,073 | 9% | ||
| luzcypher | 0 | 5,683,365,857 | 9% | ||
| grisha-danunaher | 0 | 732,689,898 | 5.4% | ||
| dylanhobalart | 0 | 1,325,173,914 | 9% | ||
| killbis | 0 | 419,438,345 | 9% | ||
| food-creator | 0 | 373,236,407 | 9% | ||
| alexwyn | 0 | 157,753,072 | 100% | ||
| orenshani7 | 0 | 994,493,190 | 9% | ||
| steemtrail | 0 | 3,388,375,783 | 9% | ||
| marialin | 0 | 523,057,959 | 9% | ||
| tdv.witness | 0 | 2,913,057,642 | 9% | ||
| ebryans | 0 | 1,729,569,449 | 4.5% | ||
| jessamynorchard | 0 | 1,583,922,040 | 9% | ||
| steemaccess | 0 | 214,495,160,749 | 9% | ||
| innafanz | 0 | 450,453,222 | 9% | ||
| maxse | 0 | 283,231,444 | 9% | ||
| gardening-trail | 0 | 918,978,208 | 9% | ||
| foraging-trail | 0 | 371,859,031 | 9% | ||
| nikflossus | 0 | 540,476,240 | 9% | ||
| baerdric | 0 | 242,604,845 | 9% | ||
| alex1983ch | 0 | 475,577,919 | 9% | ||
| technovedanta | 0 | 2,994,529,912 | 9% | ||
| yadamaniart | 0 | 1,744,004,444 | 9% | ||
| sellergenius | 0 | 272,574,221 | 9% | ||
| irawandedy | 0 | 701,528,039 | 9% | ||
| steemittalk | 0 | 968,178,418 | 9% | ||
| gildar | 0 | 595,371,595 | 9% | ||
| saleg25 | 0 | 107,653,977 | 4.5% | ||
| meysam | 0 | 2,801,237,754 | 9% | ||
| tamersameeh | 0 | 64,543,860 | 9% | ||
| steemnews.online | 0 | 363,379,025 | 9% | ||
| ilovebatcatstew | 0 | 238,455,825 | 9% | ||
| michaeladamparis | 0 | 929,642,291 | 2.7% | ||
| cheah | 0 | 1,580,253,042 | 9% | ||
| marcosespes1 | 0 | 309,164,972 | 9% | ||
| fiction-trail | 0 | 359,769,557 | 9% | ||
| kostaslou | 0 | 215,366,893 | 9% | ||
| lukinsawyer | 0 | 117,439,748 | 9% | ||
| jasonrussell | 0 | 797,897,872 | 9% | ||
| poetry-trail | 0 | 254,574,525 | 9% | ||
| killinhersoftly | 0 | 283,574,210 | 9% | ||
| ogochukwu | 0 | 1,244,299,756 | 9% | ||
| tonylondon | 0 | 107,816,442 | 9% | ||
| paolobeneforti | 0 | 665,182,910 | 4.5% | ||
| silviabeneforti | 0 | 1,422,411,576 | 9% | ||
| lilwallay | 0 | 158,632,019 | 9% | ||
| cfreidsma | 0 | 357,031,941 | 4.5% | ||
| justinashby | 0 | 400,019,109 | 9% | ||
| torkot | 0 | 310,857,952 | 9% | ||
| libertylol | 0 | 349,956,090 | 9% | ||
| evildeathcore | 0 | 414,933,491 | 9% | ||
| frocush | 0 | 336,831,733 | 9% | ||
| heikomahr | 0 | 519,871,627 | 9% | ||
| mckenziegary | 0 | 152,911,343 | 0.9% | ||
| unmean-stweets | 0 | 1,400,453,708 | 9% | ||
| steemfactory | 0 | 409,381,911 | 9% | ||
| maurocostarica | 0 | 203,088,162 | 9% | ||
| cdma | 0 | 119,409,966 | 9% | ||
| ienrikex | 0 | 104,886,529 | 9% | ||
| aaagent | 0 | 912,973,975 | 100% | ||
| steemmaster | 0 | 178,980,678 | 9% | ||
| projectandina | 0 | 955,463,616 | 100% | ||
| thedailyroto | 0 | 301,435,954 | 5.4% | ||
| skye1 | 0 | 135,094,039 | 9% |
Yes, relying totally on cryptos is not a good idea. That's why I think holding both metals and cryptos is wise. Going back to a gold standard and allowing banksters and govs to cheat and create fiat is worse though. That's just my opinion. I'd rather see the world move to a decentralized blockchain like Bitcoin over a gold standard any day. Thanks for posting.
| post_id | 3,116,922 |
|---|---|
| author | alexwyn |
| permlink | re-business-trail-re-alexwyn-gold-bugs-really-need-to-wake-up-20170527t170601090z |
| category | life |
| json_metadata | "{"app": "steemit/0.1", "tags": ["life"]}" |
| created | 2017-05-27 17:06:00 |
| last_update | 2017-05-27 17:06:00 |
| depth | 2 |
| children | 0 |
| net_rshares | 131,997,468 |
| last_payout | 2017-06-03 17:06:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 363 |
| author_reputation | 78,423,179,244 |
| root_title | "Gold Bugs Really Need To Wake Up" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| alexwyn | 0 | 131,997,468 | 100% |