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No charts. Seeing the videos of Israelis fleeing the attacked areas reminds me of how useless Bitcoin will be in a real war. How are they a store of wealth when war takes out electricity and cell towers? How do you access and keep control of your “wealth” when you can’t access it? How much longer until the average person realizes this.
24 words stores millions of dollars in wealth that is transportable anywhere in the world without borders.
It cannot be confiscated
half the planet could disappear and your wealth would still be on the blockchain
nothing else comes close
bitcoin can never disappear off the blockchain. it will always be there for eternity.
and it can be accessed with a seed phrase private key, from anywhere in the universe, with a web 3 connection.
nothing else can do that.
If half the world disappeared there would be no electricity…. How usefully is something you can’t access? And how useful is it to someone who also can’t access the internet/electricity?
When there is a power outage, how do you trade your bitcoin? If you have a generator, does that give you access to anyone else?
If it is a store of value, it sure seems difficult to access and use at the precise time it would be needed.
I would say that if it comes to the point where Commnications and Electricity is down our Gold woun’t be worth shit either
IF I got food I am NOT selling it for Gold..put it that way