No, I'm not joking. Gold remains the only asset people will trust their money on at a time of war and the only asset which could create a new currency[1] successfully, if needed. Comparing gold which has a 3000+ year history at currency backing to a 5 year old experiment is a little bit hard for me.
> Many users of Bitcoin are deeply mistrustful of the government's ability to manage money, and making it distributed literally puts all the power into the hands of the people.
> Many users of Bitcoin are deeply mistrustful of the government's ability to manage money, and making it distributed literally puts all the power into the hands of the people.
Here: http://www.convalesco.org/blog/2014/02/11/on-the-matter-of-b...
[1] http://moneymorning.com/2013/01/29/why-germany-wants-its-gol...