The naïve views expressed in this article are disturbing.
Bitcoin better than Gold after a social breakdown? Yes, a non-government controlled currency is a good thing, but bitcoin is not money. It is just a medium of exchange – a very unstable and difficult to use one.
No trader wants bitcoin; they just want the dollars that they can exchange them for. What will bitcoin’s acceptability be when dollars become worthless?
Who will exchange Gold (or its silver surrogate) for bitcoins under those circumstances?
Absolutely no one, that’s who.
Gold is money.
After a breakdown, should it happen, only money will matter.