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Bitcoin Bitchez!
The fiat currency system is going zimbabwe on us one way or another. Currently those that can see it coming are preaching the precious metals mantra from every rooftop. And they are 100% correct. Gold, guns, grub, gas… get ‘em while you can. We don’t know just how bad things are going get – will the banks survive? Will credit cards still work? We don’t know how bad it’s going to get, but my guess is that because no government is willing to do the right thing (because that would necessarily mean losing power) that they are going to drive the system right off the cliff.
When the Zimbabwe dollar was in it’s death throes, amazingly you could still use a credit card for some purchases – the only problem was that even to buy a few groceries involved numbers so big (with so many digits) that the card had to run through the machine multiple times. Inevitably there comes a point when the currency simply does not function as money any longer. Fortunately for Zimbabwe there was an alternative – the US dollar.
The question is this: What will happen when the last remaining viable currency of the world, the US dollar, collapses? Sure at some point something will replace it, but that won’t happen overnight. How will anyone be able to buy something on the internet when the PayPal, Mastercard, Visa, mother fuckers of the world meet their much justified death?
Bitcoin. Why? It’s not controlled by any central authority, there are no transaction charges (yeh, fuck you banker shits), virtually impossible to counterfeit, works anywhere in the world, cannot be printed by any government authority, and costs nothing to store and transport.
Sure, load up on PM’s, but I think BTC might be the currency of the future. By the way, although they are strictly digital in nature one can still get BTC coins, and what’s more Casascius (look ‘em up) just came out with a 1oz 10btc silver round.
Yeh, silver bitchez!!
