This is why 'junk silver' market exists. People buy silver dimes. They are roughly worth $3 to 5 of silver content. Old farmers would drop them in containers of milk to slow them going sour, due to the silver bactericidal capability. So makes them directly of value in a down situation.
Not going to be worth 1000 potatoes though.
Only if it is physical silver that you can have in your own possession. When hyperinflation hits, any stockpile in someone else's vault that you allegedly bought and own will disappear.
I'm more in line it was Elon kicking China in the balls and it triggering a cascade effect among auto-sellers. China's the biggest miners of this shit so they can sell the coin to get money that isn't worth less than monopoly money.
This is why 'junk silver' market exists. People buy silver dimes. They are roughly worth $3 to 5 of silver content. Old farmers would drop them in containers of milk to slow them going sour, due to the silver bactericidal capability. So makes them directly of value in a down situation. Not going to be worth 1000 potatoes though.
Shit hits the fan and your silver ain’t gonna feed you...I say we just use potato chips as currency. Salt free if you need to wipe with them.
Shit hits the fan crypto is so worthless you cant wipe your ass with it.
you can - i bought 1/10oz coins for that very reason. you pay a little extra
https://www.moneymetals.com/1-10-oz-silver-buffalo-round/358
This is where most silver sales gets you. $52.80 for 10 vs $33.50 per ounce. It may work out in SHTF but that's a huge loss.
Only if it is physical silver that you can have in your own possession. When hyperinflation hits, any stockpile in someone else's vault that you allegedly bought and own will disappear.
Oh it was, but at least our tax dollars are being wasted pretending to regulate it (yet) like all our other markets.
I'm more in line it was Elon kicking China in the balls and it triggering a cascade effect among auto-sellers. China's the biggest miners of this shit so they can sell the coin to get money that isn't worth less than monopoly money.