Gold or Bitcoin - Which could become worthless/obsolete first?

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Bitcoin is a major invention in cryptography. It is also regarded as an ongoing "experiment" by Bitcoin developer Gavin Andresen. I could not agree more. Bitcoin may completely fail due to yet, unforeseen circumstances. Big deal. Humans have developed technologies and some of them survive while others don't. Gold does not function as a digital payment alternative to banks and businesses generally don't accept gold as payment despite it being referred to as money. People want to communicate and transact via digital means due to the ease of it all.
Comparing Bitcoin with gold tends to get silly pretty quickly. At this point, the Bitcoin market cap is at least 3 times less than Barrick Gold, one gold company!.
 
The reality is that all perceived norms of civilization are out the window once organized governments and currencies collapse... At that point in time it is survival of the fittest and those who need goods had best have an ample supply of real currency, a 4000 year old plus monetary system, if they wish to survive.
- johngaltfla.com
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I have said it many times before.....They (the gov.) CANNOT tax a crypto currency .....therefore thye WILL NOT use it to survive the global financial collapse.
 
TheEnd said:
I have said it many times before.....They (the gov.) CANNOT tax a crypto currency .....therefore thye WILL NOT use it to survive the global financial collapse.
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Of course they can implement taxation on a crypto. They can tax any system of currency if it is required.
 
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