Using bitcoin without internet is not only possible, but may even be preferable, depending on your circumstances.
www.whatisbitcoin.com
I read the article. Sure its technically possible to use Bitcoin without internet but its not really convenient especially in a disaster scenario. For example sending SMS, what if there are grid outages and there is no electricity or cell phone towers have been bombed, etc? Then SMS won't work. And who even has or uses radio anymore. It said in the article satellites can only receive Bitcoin besides its not something everyone has access to.
I am just saying that realistically there may be certain scenarios where its easy and convenient to just pull out your bag of silver eagles and barter some silver for stuff you that you need.
Not saying you shouldn't own Bitcoin but it doesn't hurt to own a little bit of physical gold and silver on the side to cover certain scenarios.
The other good thing about Gold and Silver is that they have industrial value so even if they somehow lose monetary value or get demonetized or we move to a crises scenario world where barter is the norm they are still useful as industrial commodities and therefore still retain some barter value. Gold can be used as jewellery, in dentistry, in electronics as a conductive metal, in food as a decoration, etc. Silver is used in electronics, in Jewellery, in the healthcare industry, in solar panels, in electronics, etc.
If you want to hold industrial or agricultural commodities to hedge against inflation or use as a bartering instrument in the future there are usually problems. Storage, durability, etc. For example Copper has a very low price per kilo so one tonne of copper is around $9200 USD so it would take a lot of storage space to store copper. Oil has a limited lifespan and needs to be stored in special and expensive facilities, wheat can spoil after a few years and again needs a lot of space to store, etc. Gold, Silver, Platinum and Palladium (i.e. precious metals) are really the only commodities which the average person can easily and conveniently store.
Also the fact that Bitcoin is pure monetary premium is a double edged sword because yes under the right conditions it puts more upward pressure on the price but on the other hand if a better form of money or monetary asset, etc is invented and adopted Bitcoin will become worthless whereas even if gold and silver become completely demonetized they will still have some value due to the industrial value so there is a floor on the downside they cannot go to zero.
Its like with stocks if there are two companies and one is asset heavy and earns a modest return on equity and the second company is asset light, has assets which are not really saleable in a downside scenario and has huge good will earning massive returns on equity.
Lets say the first company is a real estate company that land banks land and develops the land into family homes, industrial warehouses etc. Lets assume this company earns a 12% return on equity. The second company is a small software company producing niche business enterprise software and earns a 40% return on equity.
In general the second company (the software company) is going to be more profitable to own and is going to give you higher ROI, produce higher earnings growth and pay higher dividends. However if a new competitor releases a vastly superior competing software product and eats all their market share the company is going to be worthless and its assets are not going to be saleable. its value could drop to zero. Whereas the first company (real estate company) even if it goes through a rough patch and can no longer develop property profitably at least you know the assets (land, buildings, etc) still have value and can be liquidated and you can get your money back.
