Silver and gold are the long play for SHTF. When SHTF initially, you are 100% correct. When things settle after a year or so, the market will take over again and silver and gold will be a good bartering chip.
The main draw to silver and gold is that they are wealth in almost all markets.
Unless it's a worldwide starvation/Fallout-type survival world, somebody with gold/silver and buy any currency in the world, and exchange that for goods/services.
Long story short: In any world using money, gold and silver are considered money.
You do trust their use of force, as in the total farce of a waste of time, money, and resources and misuse of this force in the impeachment that they just lost?
I wouldn't trust jack shit of their "force". Unless you're in Myanmar of course and trying to rig an election.
I agree that the US dollar is legal tender for all debts, by force. But the strength of that dollar is contingent on faith that it has value. If no one believes in the value of the dollar, especially other countries, it is just paper or numbers on a computer screen. Other countries may soon choose not to do business in USD because of political instability, manipulated stock markets, price fixing silver, oil instability, manipulated inflation, our enormous debt. It is not a good investment!
DOGE isn't backed by shit. To be a currency, it has to be accepted for goods or services. Nobody is taking DOGE payments (nobody useful anyway), and nobody is help you try and kick somebody's ass for not accepting your meme coin.
Cool. But there's nobody behind them with a gun forcing them to take it. That's why DOGE has lost 30% of its value this weekend. People are realizing that you can't do anything with it.
"Fiat" - backed by government force
DOGE - backed by jack shit
Why do people compare apples to oranges and then get on the internet to act smug about it?
How much do you trust the government lately?
Enough to send my returns on time.
I don't like the government but I do trust their use of force.
Silver and gold are the long play for SHTF. When SHTF initially, you are 100% correct. When things settle after a year or so, the market will take over again and silver and gold will be a good bartering chip.
The main draw to silver and gold is that they are wealth in almost all markets.
Unless it's a worldwide starvation/Fallout-type survival world, somebody with gold/silver and buy any currency in the world, and exchange that for goods/services.
Long story short: In any world using money, gold and silver are considered money.
You do trust their use of force, as in the total farce of a waste of time, money, and resources and misuse of this force in the impeachment that they just lost?
I wouldn't trust jack shit of their "force". Unless you're in Myanmar of course and trying to rig an election.
I agree that the US dollar is legal tender for all debts, by force. But the strength of that dollar is contingent on faith that it has value. If no one believes in the value of the dollar, especially other countries, it is just paper or numbers on a computer screen. Other countries may soon choose not to do business in USD because of political instability, manipulated stock markets, price fixing silver, oil instability, manipulated inflation, our enormous debt. It is not a good investment!
Individual you can fear the government m, collectively starve the beast and it won't have the strength to use force
DOGE isn't backed by shit. To be a currency, it has to be accepted for goods or services. Nobody is taking DOGE payments (nobody useful anyway), and nobody is help you try and kick somebody's ass for not accepting your meme coin.
Cool. But there's nobody behind them with a gun forcing them to take it. That's why DOGE has lost 30% of its value this weekend. People are realizing that you can't do anything with it.
Seems you are bitter for not investing sooner.