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You're Running Out Of Time (Bitcoin)
DerekJohnson
Administrator, Swaye's Wigwam Posts: 70,217 
in Tug Tavern
https://www.youtube.com/watch?v=PFQ9bCtlyPAComments
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Question for the Bitcoin folks. When they shut down the internet and all data how does one spend it? How does one use it to buy things if the sellers are not bitcoin literate?
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Im just gonna throw it out there...
even with all the manipulation of PSLV...$30 an ounce for silver is going to be cheap if you can get it....(for the kind you hold your hand) -
Why? My broker has been trying to pimp silver for 30 years. It finally went from $9 to $24 but why do you see it spiking again?Blueduck said:Im just gonna throw it out there...
even with all the manipulation of PSLV...$30 an ounce for silver is going to be cheap if you can get it....(for the kind you hold your hand) -
That’s where I’m at. Government could shut this down in a number of ways if it felt the need or desire to do so. Wake me up when you can pay your taxes in bitcoin without converting.Sledog said:Question for the Bitcoin folks. When they shut down the internet and all data how does one spend it? How does one use it to buy things if the sellers are not bitcoin literate?
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I have silver. Gold coins would be too valuable and you'd have to cut a weigh. No bueno. IIRC didn't Canada shut down the truckers bitcoin as well as bank accounts.
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Funny how everyone hoards Bitcoin but doesn’t use it to make transactions except outside the shady strip mall barbershop that’s probably a front for the mob. They hold it because number go up. The psychology of Bitcoin is fascinating. I can’t wait for all the in-depth documentaries one day.
We are in the golden age of fraud and I’m here for the lulz. -
RoadTrip said:
Why? My broker has been trying to pimp silver for 30 years. It finally went from $9 to $24 but why do you see it spiking again?Blueduck said:Im just gonna throw it out there...
even with all the manipulation of PSLV...$30 an ounce for silver is going to be cheap if you can get it....(for the kind you hold your hand)
Silver is being held down artificially by a shell game.
There is more PSLV traded than physical ounces available at any given point.
This will not go on forever!
When (not if) the fiat dollar is worthless due to hyperinflation and crypto cannot be accessed, silver and gold will be the default currency.
Storing a portion of your money in physical metal is an insurance plan.
@Sledog is 100% correct, Gold even by the gram is too big for simple transactions.
Constitutional silver coins (90% silver)will be easy to trade for everyday goods and its good to have some ounces of silver bullion for larger stuffs.
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I buy 1oz silver eagles made by the US mint. Monster boxes are nice.Blueduck said:RoadTrip said:
Why? My broker has been trying to pimp silver for 30 years. It finally went from $9 to $24 but why do you see it spiking again?Blueduck said:Im just gonna throw it out there...
even with all the manipulation of PSLV...$30 an ounce for silver is going to be cheap if you can get it....(for the kind you hold your hand)
Silver is being held down artificially by a shell game.
There is more PSLV traded than physical ounces available at any given point.
This will not go on forever!
When (not if) the fiat dollar is worthless due to hyperinflation and crypto cannot be accessed, silver and gold will be the default currency.
Storing a portion of your money in physical metal is an insurance plan.
@Sledog is 100% correct, Gold even by the gram is too big for simple transactions.
Constitutional silver coins (90% silver)will be easy to trade for everyday goods and its good to have some ounces of silver bullion for larger stuffs. -
Gonverments can go after the servers any time they want to.
The original creator didn't want his identity exposed for a reason. -
Sledog said:
I buy 1oz silver eagles made by the US mint. Monster boxes are nice.Blueduck said:RoadTrip said:
Why? My broker has been trying to pimp silver for 30 years. It finally went from $9 to $24 but why do you see it spiking again?Blueduck said:Im just gonna throw it out there...
even with all the manipulation of PSLV...$30 an ounce for silver is going to be cheap if you can get it....(for the kind you hold your hand)
Silver is being held down artificially by a shell game.
There is more PSLV traded than physical ounces available at any given point.
This will not go on forever!
When (not if) the fiat dollar is worthless due to hyperinflation and crypto cannot be accessed, silver and gold will be the default currency.
Storing a portion of your money in physical metal is an insurance plan.
@Sledog is 100% correct, Gold even by the gram is too big for simple transactions.
Constitutional silver coins (90% silver)will be easy to trade for everyday goods and its good to have some ounces of silver bullion for larger stuffs.
What is the premium you pay on those?
Do you order direct?
I go to the local coin shops smaller jewelry shops and pawn shops whenever I can and usually pick up 1 oz bullion rounds a dollar or 2 over spot. Sometimes they have good deals on 10 oz bars and some nice collectables.
It's getting harder to find the eagles in the small shops.... they sell out almost as fast as they get those in.
