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Don't rely on Bitcoin or any other cryptocurrency. Because when the power and internet goes out. How are you going to get it?

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Old 02-27-2020, 03:13 PM   #1 (permalink)
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Don't rely on Bitcoin or any other cryptocurrency. Because when the power and internet goes out. How are you going to get it?
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Old 02-27-2020, 03:19 PM   #2 (permalink)
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Being a trained first responder, and hazmat tech. If there is a spill or a release of anything toxic. Remember to go uphill, up steam, and up wind. Some stuff will have a 10ft safety radius. Others will have a 5 mile safety radius.
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Old 02-27-2020, 03:30 PM   #3 (permalink)
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Don't rely on Bitcoin or any other cryptocurrency. Because when the power and internet goes out. How are you going to get it?
Cash is king... but if SReallyHTF, cash is worthless... gold and silver.
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Old 02-27-2020, 03:40 PM   #4 (permalink)
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Cash is king... but if SReallyHTF, cash is worthless... gold and silver.
menhhh.......i take lead any day. I cast my own bullets.
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Old 02-27-2020, 04:30 PM   #5 (permalink)
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Cash is king... but if SReallyHTF, cash is worthless... gold and silver.
I've seen good arguments for both sides of precious metals, gems, etc. Just depends on if you think other people will place any value in them. For a SHTF/ITEOTWAWKI situation, I tend to side with the "they will be worthless, stock up on food, tools, toilet paper, etc to barter with" folks. In less dire circumstances, metals/gems might be a good option. YMMV
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Old 02-27-2020, 04:50 PM   #6 (permalink)
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Quote:
Originally Posted by SouthArk370Z View Post
I've seen good arguments for both sides of precious metals, gems, etc. Just depends on if you think other people will place any value in them. For a SHTF/ITEOTWAWKI situation, I tend to side with the "they will be worthless, stock up on food, tools, toilet paper, etc to barter with" folks. In less dire circumstances, metals/gems might be a good option. YMMV
Read some of the stories of survival from the Bosnian war. Toilet paper was gold. Bic lighters, antibiotics, and bullets are up there too.
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Old 02-28-2020, 07:32 AM   #7 (permalink)
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Originally Posted by SouthArk370Z View Post
I've seen good arguments for both sides of precious metals, gems, etc. Just depends on if you think other people will place any value in them. For a SHTF/ITEOTWAWKI situation, I tend to side with the "they will be worthless, stock up on food, tools, toilet paper, etc to barter with" folks. In less dire circumstances, metals/gems might be a good option. YMMV
True, but at the same time, gold/silver/gems can be a barter items that can be traded to someone who already has everything.
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