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What do I invest in, the Yen?
submitted 1 year ago by [deleted] from self.AskSaidIt
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[–]spaghetti 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 1 year ago (2 children)
If the electric grid goes down, Bitcoin evaporates.
[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 1 year ago (1 child)
This is true. And it WILL go down, it's just a matter of when.
[–]spaghetti 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
I'm not suggesting that Bitcoin will drop in value I'm suggesting that if the electrical system fails for any length of time people are going to realize that Bitcoin disappears it evaporates it turns into air when the electricity dies.
Also when the electrical system fails the stock market fails it will crash
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[–]spaghetti 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (2 children)
[–]Alphix 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (1 child)
[–]spaghetti 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)