Viewing a response to: @louisthomas/efqzvhe8
Gold sucks as an investment, but it is the ultimate reserve. Governments all around the world don't use their own fiat currency as a reserve; they use gold! Why? Because there will always be someone willing to take an ounce of gold as payment. The point is to hold a small amount of gold bullion in case everything else tanks and 5% gives you a nice reserve to restart with. This is better than being cut off from both fiat and crypto currency at the same time. No power= no crypto, no bank, no credit card= no food. They don't need to take down the entire inter net, just your local power stations. Greetings!
post_id | 29,549,456 |
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author | onnovocks |
permlink | p188s1f9c |
category | cryptocurrency |
json_metadata | "{"app": "dtube/0.6"}" |
created | 2018-02-01 00:13:00 |
last_update | 2018-02-01 00:13:00 |
depth | 1 |
children | 0 |
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cashout_time | 1969-12-31 23:59:59 |
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body_length | 610 |
author_reputation | 531,563,993,564 |
root_title | "[dtube] Bitcoin Will Replace Gold Within Decades" |
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max_accepted_payout | 1,000,000.000 SBD |
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