Why is it that the price of gold has been shooting up so drastically over the last few days?

[void]

Haha, I’ve come across this question many times before... As an EU citizen, you can easily move around with 1 kilo of gold in Europe, provided you have it in small coins and not as a gold bar.

If you have much more than that, you could strategically deposit it.

I was obviously talking about global mobility... which doesn't change much about your picture being a bit naive from the practical standpoint... regular French highway police patrol ask you how much cash you carry

How would you use bitcoin if there was no electricity in Europe?

an absolute mayhem would happen in Europe after two days of blackout in every thinkable aspect - BTC is the last thing affected by this

 

[W Fish]

Haha, I’ve come across this question many times before... As an EU citizen, you can easily move around with 1 kilo of gold in Europe, provided you have it in small coins and not as a gold bar.

Aren't all these small coins available in Aliexpress?

 

[koohl]

I was obviously talking about global mobility... which doesn't change much about your picture being a bit naive from the practical standpoint... regular French highway police patrol ask you how much cash you carry

they may ask but do you need them to give a honest answer!

Btw. I travel alot in Europe also with car, I have never been asked for anything only my passport a few times crossing the boarders here and there but else never. In fact, I had 50K euro in cash with me most often, no problems.

I don’t know where you live, but where I spend my time, I could easily have a kilo of gold on me or with me in coins, which I could use in case of a power outage, as also mentioned above.

 

[drphantom]

If you look like this I can imagine you get stopped all the time

 

[JohnnyDoe]

Haha, I’ve come across this question many times before... As an EU citizen, you can easily move around with 1 kilo of gold in Europe, provided you have it in small coins and not as a gold bar.

You don’t really have to tell everyone what you are doing, especially the guys in uniform.

If you have much more than that, you could strategically deposit it.

In your garden, you mean.

How would you use bitcoin if there was no electricity in Europe?

Old question already answered thousands of times.

 

[drphantom]

Old question already answered thousands of times.

ehhh, interesting, how would you do that?

 

[void]

they may ask but do you need them to give a honest answer!

Btw. I travel alot in Europe also with car, I have never been asked for anything only my passport a few times crossing the boarders here and there but else never. In fact, I had 50K euro in cash with me most often, no problems.

you're right, you don't have to tell anything and there is a little chance, on the other hand it applies to taxation as well - I could easily pay 20% of my taxes and nobody would find out with a high probability - yet some of us try to avoid breaking the law and giving the state any reasons to harass us

I don’t know where you live, but where I spend my time, I could easily have a kilo of gold on me or with me in coins, which I could use in case of a power outage, as also mentioned above.

for this doomsday scenarios fake gold is just as good and "a bit" cheaper

 

[JohnnyDoe]

ehhh, interesting, how would you do that?

Paper, mesh networks, satellites, energy harvesting, quantum communication…. Even smoke signals and stone carving. Andreas Antonopoulos among others wrote about this https://a.co/d/1YUdTc0

 

[EliasIT]

If you have a mix of a little gold, whiskey, and BTC, I’m sure you’ll survive doomsday just fine.

 

[void]

whiskey

this sale is still pending as far as I know - https://www.offshorecorptalk.com/threads/whisky-small-investment.43502/

EDIT: 6 casks left

 

[JohnnyDoe]

this sale is still pending as far as I know - https://www.offshorecorptalk.com/threads/whisky-small-investment.43502/

I guess @EliasIT was referring to it as a last resort for (not) surviving doomsday.

 

[void]

I guess @EliasIT was referring to it as a last resort for (not) surviving doomsday.

it's coming

 

[EliasIT]

I guess @EliasIT was referring to it as a last resort for (not) surviving doomsday.

exactly