Blockbuster Gold
http://flavorwire.com/423988/good-riddance-blockbuster-video
Something about finding out there is only 1 Blockbuster left in the US made me a little nostalgic. Generations will never know the excitement of making a special trip to Blockbuster to find that special video on a Friday night.
The entire experience was an EVENT. Making the decision to leave the house, entering the well lit store and pacing the aisles. You might even pick up some popcorn and red vines for when you got home.
Sorry for the fuzzy picture you are about to see but after all.... Blockbuster is a relic of the past ...
It is possible we glamorize things when looking back. The reality was that many times the video you wanted wasnt available.
If you had commitment issues, this could be a problem too. Once you picked a VHS, you were stuck with it for days, not matter how terrible it was. You couldn’t just exit out like a streaming service and pick something else.
Then there was the rewinding, the late feeds, the gas money...
Even still there was something magical about finding that rare title that no one else knew about.... another version of Goldmatters Searches for gold. I supposed ive always been a treasure hunter.
Blockbuster also had video games:
I started thinking about all this when I read this article:
The article descibes how now there will only be one blockbuster left in the US.
ONE!!
These stores used to be like Starbucks, they were EVERYWHERE. I remember spending a whole night driving to like 12 of them looking for a specific video.
So why am I bringing all this up and what does it all have to do with gold?
Over a long enough time frame, all technology will become obsolete and almost every business will eventually not exist. Just ask Lehman brothers.
Lehman had been around for 158 years before well.... we all know the story:
https://en.m.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers
An even better example would be to take a look at the DOW. The DOW, the most recognizable stock index has been around since 1896.
Does that mean it has longevity?
Not really.
The very last of the original 30 DOW components has just left the building:
Just look at the obsolete companies:
http://www.businessinsider.com/dow-original-companies-2016-12
No business model, no concept, no technology are immune to the ultimate app killer:
Time.
Except for ONE thing, time will destroy any business eventually.
Anyone want to guess where this is leading?
Gold does not rust, gold does not tarnish, and gold lasts....forever
Gold is the ONE THING that can NEVER go out of business.
So while no one will ever say “Let’s make it a blockbuster night “ again, or own those 30 orginal DOW components, you can still own gold that existed at the same time as them somewhere in the earth:
This means that gold will ALWAYS have value and always be desired by human beings. Literally nothing else has the track record that gold does.
Which makes gold....
Historys blockbuster.
......
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Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
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See Luke Skywalker's aunt and singer-songwriter @bonniepiesse unbox Menē!
Yup, a great article, and a reminder always to keep stacking hard assets, gold, silver, real estate, (guns, ammo...). Yup... gotta fill that bracelet with taxi and cry money... so that I will be ready, anytime, anywhere, even without fiat, because my stack in ON me, LOL!
Speaking of guns, have you seen the latest Mene unboxing by @alphasteem?
No, not yet. Thanks for letting me know! I've got to meet like-minded people so that I can keep my motivation up from month to month. As a token of friendship, I share this with you ... my guns. Here are my guns, and you know which one is my favorite, right? The PINK one of course. I labeled them all because peeps just keep on asking about them.
Excellent stack of lead bullion!
Okay, I was just at her blogpage. OMG! She cooks... I love to cook, and EAT, and love gold and guns!!! Thanks for hooking me up! I also tried to guess what it was that she was trying to spell. I guessed "Lydia" which is her name, I think.
Good guess :)
gosh i remember blockbusters when i was a kid. all gone now in Australia, a bit sad actually
Right?? Its weird that no one from now on is going to know about them
Yah I’m actually surprised to see someone post about it on steemit haha. It was the good old days when we still rent videos and dvds hahhaa
Man, when my kids were little that was the every weekend dad's a hero thing to do!
Miss that place!!
Excellent post, certainly something to think about. Even if an excellent company such as Mene goes under (which it won't anytime soon), the gold products they sell will always have value. @ironshield
Its true @ironshield :) thank you for your enduring support. Mene is about to go OVER all the other brand names you ever heard ;)
This was the highlight of my family's weekend, getting to go to Blockbuster and pick out movies! Great to reminisce!
I can’t believe they are all gone!!
Definitely sad! Well just look at Toys R Us!
Good point! Another good example!
“B” is for “BOOM SHOCKA-LOCKA!”
Gold is money, everything else is debt
~ J.P. Morgan
You got that right @thedamus!
Wow thats shocking, they were everywhere. I remember the drop off slot where you could bypass the line of people..... Gold is the real thing, they can’t pry mine out of my hands😇
Resteemed
Yeah I kind of miss the whole routine of going :). Agree with the gold sentiment!!
Hi Goldmatters. Very clever post. I was wandering where it was going and bang it hit me between the eyes lol. Couldn't see the Gold angle anywhere. Very true companies that don't change with the times will disappear as quickly as they started. Who knows in 20 years will that be a bank instead of a Blockbuster. I can remember when there was a Betamax and VHS and it was the talk of the town. Surely it wasn't that long ago. Even in darkest Africa we lost our local Blockbuster about 2 years ago.
Wow lol, very interesting anecdote @cryptoandcoffee
@goldmatters i send my social mum in US Number charm Platinum worth of $86. She was happy About It.
I just want to say thank you for introducing Menē to me from day one.
Thats amazing!! Can she send a picture?
i could not even think It for once wherether gold will ever decline in Business. Not for once.
@goldmatters expectially for Menē.
Thank you @abduloniz!