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Tony Carrera · 58w
I respect that. EMPs are pretty localized and for a brief period of time though, right? I don’t know much about EMPs. Even if all your electronics became permanently disabled, you’d still have y...
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MoneRogue @MoneRogue
The only other serious concern I have is the government deciding to tie Bitcoin to fiat via things like a BTC standard or the Strategic BTC Reserve, and then doing like what the government did with gold during World War II and rob everyone of their BTC because they are viewed as enemies of the State.
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Tony Carrera · 58w
That’s interesting. Though not sure how this works exactly. Isn’t gold still valued at $35/oz? Yet free market rate is ~$2,700. Wouldn’t that be similar to how it would work? US marks the btc at $100K let’s say but market continues valuing it at whatever the market buyers dictate. If it...