Re:Ask HN: What is the reason behind the rise of cryptocurre...
by bassman9000 on Tuesday December 12, 2017 @06:02PM
(#15910313)
For those buying gold for apocalyptic/pre-apocalyptic situations, crypto makes no sense. If everything goes to hell, there'll be no usable Internet, so it'll be difficult to verify transactions in sufficient nodes. But a chunk of gold will still be a chunk of gold.
In a more probable scenario, strong regulation kills the crypto.
I believe either scenario is far from plausible, but the case for gold makes sense for people that do.
In a more probable scenario, strong regulation kills the crypto.
I believe either scenario is far from plausible, but the case for gold makes sense for people that do.