Bitcoin
Bitcoin
Out of context: Reply #1958
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- Krassy0
what happens if there's a war (or a cyber attack, or a natural disaster, etc) and the government(s) shut down the internet / electricity / networks? how do you have access to your Bitcoin?
- when this happens, bitcoin will be your last problem :-)uan
- not reallyKrassy
- if you have cash or gold, you're OK in any of these disaster scenarios... but with crypto, poof -- you got nothin! lolKrassy
- cash will be worthless. and if you have gold, you'll be target 1 for the hungry packs.uan
- cash will be worthless? how so?
and my gold won't be hanging around my neck :)Krassy - Yup, all you would need is a farm and skills to grow food. Nobody has this anymore, even farmers. We are all fucked if this happens.tank02
- Hence why buying a few acres of farmable land (with simple home on it) is the best investment. You can get something decent for €50k+ in Central/North Portugalshapesalad
- They usually have a well and fruit/olive trees. You then keep chickens, bees, maybe a goat, work the land and worry less about $£€'s, crypto and precious metalsshapesalad
- Well this is my goal anyway... living in a city is an unnatural human life and a bad investment for both health and wealth.shapesalad
- And crypto, investments and a little hard work will get me there.shapesalad
- sounds great, where do i sign?hans_glib
- https://www.youtube.…shapesalad
- If? - Wars and cyber attacks happen every minute. The decentralised nature of the internet was built to withstand themSlashPeckham
- shapesalad, why buy the land now? just wait till all goes to shit and claim the land for your own then ;)microkorg
- "claim the land"... implies you first buy guns just to indicate this is not negotiable :)ekael
- my point is -- if the government decides to control/shut down Bitcoin, it can and it will. No?Krassy
- they can regulate the markets, but if you got bitcoins in a wallet where you own the private key, they can't take it.uan
- @uan your wallet and private key are nothing without the internetKrassy
- invest in ammo? :pBabySnakes
- ^ ha! :DKrassy
- Guns, that's all you need. In case of a meltdown, you're just holding cash and provisions for the guy with all the weaponry.zarkonite