Originally Posted by Idigmygirls

Paper gold is a pyramid scheme. If you want to protect against the collapse of the USD, you should buy both physical gold and Bitcoin.

Bitcoin is worthless if the Internet is down in your area. Gold is hard to verify and use for transactions but is great as a store of value. Depending on the crisis, one or the other will turn out to be better.

IMO, under normal circumstances, Bitcoin is a superior store of value and protection against fiat collapse, but as the old saying goes, don't put all your eggs in one basket.

(for more, google "EMP attack" before you dismiss physical gold, such as Canadian Gold $50 pieces, as a good place to keep a little protection).