@Summit @kirmmy I am not delusional that I believe crypto is completely safe. Also, when it comes down to it gold won't be significantly better than crypto. But in the meantime to lessen the impact both should do.
We already have majority of transactions done with credit cards and bank cards, so crypto is only a minor jump. Many vendors also accept paying using your smartphone as well. In Canada, they already combined driver's license and health insurance cards into one, so there's a push for consolidation, which is a step towards everything in one device. Actually long as it's an option and not forced I have no problem even with CBDCs.
Gold will work too. Actually I suggest diversifying.
We already have majority of transactions done with credit cards and bank cards, so crypto is only a minor jump. Many vendors also accept paying using your smartphone as well. In Canada, they already combined driver's license and health insurance cards into one, so there's a push for consolidation, which is a step towards everything in one device. Actually long as it's an option and not forced I have no problem even with CBDCs.
Gold will work too. Actually I suggest diversifying.
I do have a cold storage device. Gold will only have value if you can use it to buy something during the Great Tribulation, and when power goes out crypto will be useless, but so will banks and credit cards.The only way crypto is safe is from being stolen by the the powers that be is if you have a cold storage device. Something you can keep the keys in offline. But that doesn't stop them from taking it once you have to use it. If the Govt forced us to turn in the gold back in the earlier part of the 20th century, why wouldn't the new ruler of the world force us to turn in all the "digital gold" in the future.