The imaginary money you invested in gold is worthless if civilization collapsed, so it’s in the rich person’s interests to keep things going so they can pull that investment back.
It’s more likely we are heading to another US recession, hopefully not as bad as the 1930s
If only there was a digital version of gold, that had a permanent record of everyone’s ownership right back to the first nugget of gold, that would be untouchable/secure in a collapse/near collapse scenario. Something that you could bring with you wherever you go in the world, yet no need to physically bring anything with you.
Man I would be investing in that so hard right now.
You mean Bitcoin, the imaginary thing that literally could be destroyed at any moment in time and the rich people use to manipulate their prices and game more money all the time? You mean that type of thing? Honestly gold is way better than investing in that.
Destroying Bitcoin would mean destroying the internet. Money will be the least of your problems when that happens. The price of Bitcoin being manipulated is not something that is inherent to Bitcoin. Anything that gets big enough will attract the big boys and they will try to manipulate anything for a little gain. Bitcoin being transparent, unmanipulatable and portable actually makes it better than gold though.
*American civilisational collapse
US-American.
Unfortunately most the so-called west is toast when the US fails. From Military to Cloud all US-dominated.
