If your 'net worth' is based on a chart, how wealthy are you really? If all your 'wealth' consists of 1s and 0s, do you truly have any? When it all breaks, and it will, what do you actually have? #randomthought #breakthestate #anarchy #btc #xmr

Replies (3)

Bold of you to assume total destruction of btc. Wealth is the things in life, not the money. Money is just the means to the end. No money " is just a chart". If you have a million dollar farm and another a million US dollars. The society breaks, what does the person holding the dollars have? Nothing. The one with the farm still has a farm. I get your point here, but pure monetary instruments like bitcoin are a better money because of this purity. My holding of it doesn't deprave others of its utility ie. Houses, gold, silver etc. Any other money we've had as a civilization always has other use cases which in turn get priced out once the good carries a monetary premium.
Hell, I didnt even use the word bitcoin, nor was any of it about bitcoin specifically. I was talking about people who are short sighted enough to have all their worth in digital anything.