Why Bitcoin Might Win Against Precious Metals In A Collapse

So I was watching a interview Adam the Bitcoinmeister was having with a friend of his in Venezuela and how bitcoin is saving people during their collapse with the crazy hyperinflation that is going on over there and he said something important. Now I have always been a precious metals fanatic and have always been a believer in sound money, but what he said has me thinking twice.

His friend Maximo mentions why gold and silver hasn't played a big role in saving ones wealth in a country to is falling into ruins. I find this important because its a glimmer of what could be. Which really just sucks. He mentioned all the precious metal mines are controlled by their government. Living in a dictatorship, they have absolutely no way of getting a hold of gold and silver. There's always the black market, but that always brings in a potential for fake coins and shady people. Unless you "woke up" and purchased some gold or silver before their economy collapsed, then maybe you would have a chance of protecting your wealth, but if you didn't, now your only option is Bitcoin.

"Bitcoin is like heaven for Venezuelans" says Maximo during what he calls a "civil war" in his country. They are using Bitcoin to survive. To buy food and basic needs is almost impossible over there with a dollar that keeps declining in purchasing power.

So that got me thinking. If the good ol' US of A went through the same situation that is currently unfolding in Venezuela, and if you aren't prepared with precious metals, your only options is bitcoin. Heavenly Bitcoin.

And lets be real, practically no one in America has paid attention to precious metals except the smart ones preserving their wealth in metals in case of a emergency and practically no one will have access to metals if a collapse did happen. The internet would quickly flood with bitcoin news. It'll be all over facebook and twitter. A rushing crowd of people buying into bitcoin to be able to afford bread and butter to feed the family for the week. To be able to survive for a few more months.

The overwhelming manipulation in the metals market has everyone facing the other way and in the case of a collapse, no one will have access to it. All the powerful people with money will gobble up all the physical metals and the people will be left with nothing. This is the main reason why I believe Bitcoin will overcome fiat money if the elites don't stop rigging the game.

I believe both precious metals and cryptocurrency/blockchain will have a big role in our future. The people are the ones who decide what they see value in, and it's always best to prepare for whatever comes. Even if that means spending $25 on a ounce of silver or $25 on 0.0087 in Bitcoin.