Originally Posted by
Laramie Hartmann
I agree with everything you wrote, but it seems you're placing too high a probability on the chance of a world-wide EMP strike that cannot be (relatively)quickly recovered from. I expect that in such a scenario, I'd have larger worries than losing access to my bitcoin. That being said, I still own gold and encourage others to hold it as small percentage of their portfolio. As for the volatility, I'd expect that in the nascent stages of an entirely new type of money that is supplanting existing stores of value.