Comment Re:Bitcoin (Score 1) 290
And do you actually have the gold/silver? Everyone I know that bought precious metals only has certificates that show they have some. If the economy collapses, you have a piece of paper that says you own X amount of gold. What is that worth? If civilization has collapsed, you have no way of getting to that gold. No financial system to cash in the certificate, no shipping system to aquire it, no phone system to reach the guy that actually has it in his vault. What you have is a piece of paper. . . a rough one at that, which in the collapse of society is worth significantly less than the case of Charmin I have in the garage.