Bitcoin and other cryptocurrencies are useless

Re:Bitcoin and other cryptocurrencies are useless by chrisco255 on Sunday September 02, 2018 @05:59PM (#17898910)

There's probably quite a few places that would take gold for a sandwich...assuming they knew what you were giving them was real gold. Gold is not as widespread in use as it once was for commerce, but it's still used.

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Re:Bitcoin and other cryptocurrencies are useless by WtfRuSerious on Sunday September 02, 2018 @06:27PM (#17899027)

Also, the value of gold doesn't go to zero when the electricity stops... if/when that happens the chickens laying eggs in your coop will be worth more than bitcoin.

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Re:Bitcoin and other cryptocurrencies are useless by PacifyFish on Sunday September 02, 2018 @07:53PM (#17899315)

If “the electricity stops” how do you expect to retrieve your gold?

Or do you keep it in a vault in your house along with two years’ rations in case the world’s electricity stops working?

I don’t mean to be rude, but let’s try to keep the arguments rational. I’m happy to be convinced otherwise about bitcoin’s value. But I need to be convinced.

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Re:Bitcoin and other cryptocurrencies are useless by 21 on Sunday September 02, 2018 @07:09PM (#17899190)

Those chickens would also be worth a lot more than gold.

Not the best list, but still: https://www.toptenz.net/10-post-apocalyptic-currencies-more-...

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