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Nuclear War: Another Reason to Hold Bitcoin over Gold


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Gold that has become radioactive is not usable.

Bitcoin cannot become "radioactive" ....

 

Ok... ok.... worst case scenario; The entire world is consumed in a Nuclear war and there are no longer any power grids and the "internet" as we know it has been destroyed.... then we probably won't know the difference.

atomic bomb explosion GIF

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Neither gold, or bitcoin will have any value in the aftermath of a nuclear war. The ONLY precious metal will be Lead. ...and besides, most of the USA's gold is in basement vaults in the banks in New York City, in case international transactions need to be made between governments, in gold. Whether it is radioactive or not, the gold in Fort Knox is only a symbol, which with the USA now 22 TRILLION dollars in debt, printing money with no backing whatsoever, it far exceeds the entir

Rishi Sunak knows all about this, he raised the subject months ago. Reuters and ‘Moneyweek’ have reported on it. (perhaps in the future we will need a COVID passport and a Bitcoin wallet to buy or sell at the local supermarket?!)  

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In case of "limited nuclear war" however Bitcoin would be the preferred store of value.

The Internet itself was designed (or I should specify email specifically) to survive limited nuclear war scenarios by re-routing messages around the world with a TTL (time to live) of 72 hours.

 

We can also put Bitcoin in Cold storage in a bunker somewhere which would survive any nuclear blast.

I've also heard that some in cold storage will be heading to the moon one of these years.

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There was even Bond movie based on this premise:

james bond GIF

The Scheme: Rather than stealing gold from Fort Knox, and facing the logistical nightmare of transporting the bulky and heavy metal, Auric Goldfinger planned to detonate an atomic bomb inside the US gold repository. The "dirty bomb" would irradiate the US gold reserve, thereby increasing the value of gold and his own stockpile. 

BOND: "$15,000,000,000 in gold bullion weighs 10,500 tons. 60 men would take 12 days to load it onto 200 trucks. Now, at the most, you're going to have 2 hours before the Army, Navy, Air Force, Marines move in and make you put it back."

GOLDFINGER: "Who mentioned anything about removing it?"

Atomic Bomb (Goldfinger)

Gadget: Atomic Bomb

Movie: Goldfinger

Owner: Chinese Government

Status: Seized This small-scale atomic bomb, its intended use was to be detonated inside the vault at Fort Knox. The bomb was build and supplied to Goldfinger by the Red Chinese Government national Mr Ling.

Use: The atomic bomb was placed in the main vault of Fort Knox, and was set on timer to detonate, thus rendering all the gold radioactive for 58 years, putting the world economy in disaster. As time was running out and Bond was trapped in the vault, without skills to defuse it, however, all was fine when an army official arrived at the last minute to defuse the bomb, stopping it at an ironic "007" seconds.

Specs: The atomic bomb was housed in a steel case about 6 foot long, by 3 foot high, the timing device was built into the case, which was on top of a wheeled trolley. The core of the weapon was a combination of cobalt and iodine, which enabled the device to initiate a small scale nuclear explosion.

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Neither gold, or bitcoin will have any value in the aftermath of a nuclear war.

The ONLY precious metal will be Lead.

...and besides, most of the USA's gold is in basement vaults in the banks in New York City, in case international transactions need to be made between governments, in gold.

Whether it is radioactive or not, the gold in Fort Knox is only a symbol, which with the USA now 22 TRILLION dollars in debt, printing money with no backing whatsoever, it far exceeds the entire gold reserves of the entire Planet Earth, several times over.

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16 hours ago, Patiently waiting for Truth said:

I've just been reading, here in England, that the UK plan on making BRIT Coin. I don't know if it's a joke or not. 

Rishi Sunak knows all about this, he raised the subject months ago. Reuters and ‘Moneyweek’ have reported on it.

(perhaps in the future we will need a COVID passport and a Bitcoin wallet to buy or sell at the local supermarket?!)

 

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I have started "PudgyCoin", a currency based on total trust.

Accordingly, there are no provisions to check on it until after I die.

Please mail your checks to:

PudgyCoin Investment Fund.

c/o Daisy Hill Puppy Farm

Colony Park, New York

No receipt is necessary.

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