Trace Mayer talks about how bitcoin is the only sound form of money that can not be confiscated by force. You can hold agun to someones head but if they dont give you the code, or tell you the co signatories whom hold the other parts of the multisignature then you can't get the funds. There are no profit driven third parties to comondeer, no way to intimidate pottentially anonymous holders and no way to incircle and confiscate something that doesn't have to exists anywhere but in mathematics.
The concept is a lot simpler when we consider the situation of a nuclear attack. you cant blow up bitcoin with an H bomb, but cash, banks, stocks and even property and gold can become radio active and useless. 'Hopefuly we never see this, but prepers would be wise to get there bitcoin stash and satelite phone ready.
The concept is a lot simpler when we consider the situation of a nuclear attack. you cant blow up bitcoin with an H bomb, but cash, banks, stocks and even property and gold can become radio active and useless. 'Hopefuly we never see this, but prepers would be wise to get there bitcoin stash and satelite phone ready.
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