Imagine you bought Bitcoin and thought it'd be a useful

>>139810455
Only rural and suburban retards buy Bitcoins.

i'm sure they're all trading in gold pieces instead.

>>139810455
gold is a bet society will collapse
bitcoin is a bet the jews own the future

>bitcoin price literally rose during the hurricane
>dollar price index has been steadily decreasing
idk which would you rather accept as payment the day of the happening?

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>>139810803
I'm sure the bitcoin wallet still exists after going underwater

Sad gold would've dissolved :(

Bitcoin fags need to be prepared to admit it has no value, it's not even traceless

>>139810455
if society collapses guns and bullets are the only worthy currency

>>139810455
>Shit hits the fan
Good thing I don't live in a 3rd world shithole. I don't understand why Americans aren't ashamed over the Red Cross helping the US.

>>139810958
Keep larping dude.
When the shit hits the fan I can use gold because it's in my hand.
Good luck with your digital coin when there is no internet or banks that are open.
>someone who knows nothing about survival.

I mined about 30 btc when they were new, cause I'd participated in folding@home for years prior. When the price rose to about $100 per, I sold them all, fixed up my house, put some money down on a new car, got a new job, and mined some more. Only got about 3 more after that despite mining for an exceptionally long period of time, but I'm about to sell them tonight. Should be cool.

>>139810936
So buy Bitcoin, right?

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cashless currency is a trap
bitcoins are just to get us used to the idea that cashless currency is a thing that works

eventually the state will simply be able to turn off your ability to buy and sell with the flick of a button on a screen. think chinas sesame credit, you could be hurt in the wallet for even being friends with or related to someone who has ever said anything against the government.

it's ultimate control

did you know it's illegal in louisiana to sell used goods for cash? gotta keep that shit on record, uncle sam wants to know. gotta be taxed

>>139810455
>bitcoin crossing $5k US
>better make another fud thread
you'll probably still be making these at 10k

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>>139810455
meanwhile

>>139811420
>the entire foundation of my argument is built around a hypothetical dystopia world I just made up
Wew lad

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>>139810455
but if any of these people had bitcoin right now they could convert it to cash and buy food and water

>>139811809
>>139811905
>tulipmania

>>139810455
>>139811680
Dumb goys, keep on using your (((central bank money))).

Love crypto or hate them, their rate of money creation is governed by algorithm. You can't change that without spiting the community.

Meanwhile, (((Janet Yallen))) is thinking of adjusting the rates again.

>buy cuckcoin!
>no, buy shekelcoin!
>you guys need to buy poojeetcoin before it's too late!
fuck off with your shit to >>>/biz/

>>139812206
There are no luggage racks on a hearse.
Electonic currency worth nothing when there is no electricity.
Even a cokehead from columbia should know that.

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>>139812142
>If any of these people had bitcoin, and
>If the electricity worked, and
>If the internet worked, and
>If their wallet wasn't destroyed or lost, and
>If the ATMs worked,
>Then if all these conditions were satisfied:

Bitcoin would have exactly the same utility value as cash, minus all the 'If' statements that are required to make it the same value as cash

>>139812206
So just to be clear your currency won't be effected by the inflation of USD because people in America/the world don't use USD?

>>139810455
austism?

>>139812372
>fuck off with your shit to /jizz

>>139812206
Yeah good thing you can just make a new coin when you want more money.

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Funny enough there is a company trying to be useful for food stuff in the crypto space

To bad they aren't up and running yet
In two years everyone will use it
https://www.foodcoin.io/

>>139812543
oh man I have tens of thousands of dogecoin, they're not worth shit anymore are they?

>>139812638
$ 0.002
So 20-90 bucks
Trade'em for PAY VERI or OMG
Etherdelta

>>139811069
This. Metro style.
If you truly want to make an investment and worried shit will hit the fan, gold and silver are the wrong currencies. You'll want to invest in lead and brass.
9mms could be ~=$20 since they're common and useful
5.56 could be ~=$15
7.62 could be ~=$10
Or something like that.

Okay the answer is simple then, keep your long-term investments in Bitcoin (or gold) and a short-term supply in cash.

It's not like you could use your Charles Schwab IRA money during a hurricane either.

Also: look into Bitcoin Cash. It's not as big as BTC yet but it follows Satishi's vision more closely.

>>139812776
Neato. I have about 32k so I'll get on that. Thanks anon, gonna be able to pay for gas without begging my friends this month.

>>139811905
this graph clearly represents a sustainable and irreversible trend

In any scenario that bitcoin ceases to exist, so does every currency. No one is going to give a shit about gold when "shit hits the fan". They'd be trading food and other supplies at that point.

>>139812206
dude, the powers that be will just create a new cashless currency they can control and then make you use it or you lose the ability buy and sell. period.

i'm not saying bitcoin itself is the threat, i think bitcoin is gonna moon this year and is overall a pretty safe investment this year. it's cashless currency in general and the direction the powers that be have already admitted they want to take it.

did you know the rothschilds have been working on a cashless global currency for years? they've even admitted it in mainstream media interviews. but hey, whatever.

>>139810455
whores and bullets. That's the currency.

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>>139810455
Bitcoin is full potato level retardation as currency, it's value is completely artificial, and if someone tried to buy something in SHTF with bitcoin, I'd give him one unit of REAL currency, a bullet to the gut.

Don't believe me? Do you know why shot glasses are called that? Because you can trade a bullet (shot) for a shot.
REAL SHTF MONEY.
>Food
>Water
>Medicine
>Alcohol
>Spices/sweets
>SALT

I made over 20k thanks to crypto, from a capital of aboit 2.5k.

I almost recovered my capital so even if my crypto loses 90%, it is still a profit for me.

Of course its prices varies a lot and you gain a loss a lot, but I accept the risk and I can afford a loss.

It happens this risk is being very profitable to me and I have nothing to lose anymore, because I have all my capital.

You can be poor if you want and depend on banks and jews. Not my problem.

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>>139810455
Listen retard pull up a chair and let me explain

If the Internet goes down permanently we're fucked
Any event that does that mean Nuclear Power plants lose their necessary support systems such as Diesel fuel a global credit system etc

So if my crypto do go worthless I don't really care.
I'm better at law of the jungle anyway
Stay poor

>>139810455
i'm pretty sure those people on the image don't need any more water

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*moons silently*

>>139811637
No buy weapons and ammo you defeatist piece of shit. Store it properly and cycle it out accordingly. Same with food and water.

>>139813203
>Island Mexican
>rich
HAHAHAHAHAHAHAHAHAHAHAHA!

>>139813225
We lived just fine without internet before, we will be just fine without internet later...

>>139813283
Water that isn't infected with sewage, runoff, and mud, yes.

it depends on how shit hits the fan

if for example your nations currency was severely reduced in value due to a housing crisis. which might happen to canada soon. then some bitcoins would be a good idea.

if nuclear winter happened and north america collapsed then clearly your bitcoins are useless

just depends on the crisis. diversify your assets if you have the money. gold, silver, bitcoin, tobacco, food, liquor, ammo, etc

>>139813203
The Jews are using examples like yours so people will buy into digital currencies. You make it sound like you are doing opposite of what Jews say but really it's not. Jews have been trying to get everyone on a global digital currency for a while now.

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>>139813508
No we made the internet our information backbone for everything financial and more and more things commercial.
Max two years they can keep the plants from going critical after internet loss. I'm being insanely generous in saying over six months at all.

Get an education not a schooling kiddo

>>139813363
>No buy weapons and ammo
This.
Store all the food and supplies you want.
All you're doing is making it easy for the tough guy to take it.

>>139810455
I'm going for monero

>>139813901
>monero
why over dash, just curious?
Also got VERI?

>>139810455
In that sitation what is money is energy, trasportation, food, water, shelter.

>>139814041
Dash is centralized afaik

>>139812907
I own a 10 kg block of lead/15kg block of brass and have 5.56/9mm bullets molds for my arx 160 and px4 storm. Also a box filled with 50,000 grain net of smokeless gun powder

>>139810455
>created by some nord weeb
It's meme currency for junkies to get their drugs
>bitcoin worth $4000?
>blows it all on coke and meth in one weekend

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>>139811952

why did the debate suddenly become about christianity?

>>139813849
So did Fukushima malfunction because no internet?

Poor nocoiners, maybe if you weren't so poor right now you could hire someone to teach you to cope.
Bitcoin was 2000 dollars a few months ago. Now it's approaching 5000 dollars. It's not too late for you, this gravy train is going all the way up to 250k.

>MUH CRYPTO CURRENCY

Literally, LAUGHABLE. Your wow gold is backed by what? gold? silver? precious stones? oh right... real world money, without it your bitcoin is worth 0, zero, zilch, zip, nada. You think that people that are in a catastrophy like Houston care about your bitcoin wallet? they care about things they can get their hands on, jewels, supplies, food, heck even booze and bullets, your little cryptocurrency is nothing more than the world's best moneygrab there is and everyone buying it is just larping being millionaires with fake money.

inb4
>i got moar monies than u fggot
>u just jelly cause u cnt buy.

>>139814184
>>139812907
Also 23000 rounds of 5.56 tracer ammo/5000 rounds of 9mm. Trying to grab this box of 2500 greentip

>>139814184
You need primers too.

And a way to form casings..

Have you figured those out?

>>139814184
What would happen if you lit that box on fire?

>>139814683
Yes i have both.

>>139813508
Sure but we had a lot less people in the world. Things change.

>>139811069
and probably cigarettes

>>139812372
Where does one acquire pooloo coin?

>>139810455
I diversify. Silver, bullets, strong cheap alcohol and tobacco (cigarettes go stale). Knick knacks and cheap tools as well like lighters and knives.
Some ingots of metal i need as well. Lead has so many uses. Tin and copper as well.

>>139811087
The (((Red Cross))) ? All NGO´s are Luciferian trafficking and ritual sacrifice + NWO agents.
Allegedly.

>>139814714
Itd burn like a camp fire

>>139813729
We already have theoretical currency, it's called that number in your bank account and the debt countries hold.

>>139814041
I have dash too

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>>139810455
This is the only thing gold is good for when shit goes down.

>pic related

>>139814779
How do you make the casings?

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>>139814588

Bitcoin has value because people who understand that solving the byzantine general problem was a major accomplishment are good strategists.

Being anti-bitcoin basically proves you are strategical moron and deserve to die.

>>139814833
I have enough shisha and coals to smoke for life.

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Fucking nocoiners i swear

Oh well, time to make money in my sleep again

>>139814922
Setpoint ammo manufacturing equipment which cost me 15k for everything

>>139814875
Ya well it doesn't have to turn into something worse. Some anon explained it well above. How governments (ex. China) can turn off your wallet. Maybe the banks close people's accounts I don't know but Bitcoin is the same.

The debt is another story. That's why we elected Trump. As if Hillary would have done jack shit about the debt... Trump will probably betray us too though...

>>139810997
>Not keeping your crypto on the exchanges.

Fucking pleb.

Do any of the price-gouging merchants in Houston take Bitcoin? Then it wasn't such a bad investment after all.
Imagine a scenario where US hegemony collapses and our country becomes a hellscape of civil war, but the rest of the world stays orderly. Nobody wants dollars, so how are you gonna buy AK-47s from Wong and Ivan?

>>139814934
*wojak with giant balloon brain floats into space*

>>139810958
Taking welding classes is a bet on your own future.

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>>139810455

Imagine all your bitcoins (hundreds of thousands of dollars) were on your PC which is now underwater.

So the bitcoins are irrecoverable and all the money is gone.

>>139815306
>If the electricity worked, and
>If the internet worked, and
>If the ATMs worked, then
Bitcoin would be almost as valuable as cash, minus the steps involved to convert it if they could be satisfied

>>139811069
This turns out not to be true. Even ISIS was minting their own gold dinars.

>>139813052
The only reason gold and silver can matter is if their is a possiblity of salvaging the old system should it collapse. A new form of payment or bartering could arise from any kind of crash scenario.

The correct currency is having skills that people need. That's it.

But if you making money off Bitcoin now and improving your skills, that's the best case scenario.

INVEST IN THOUSANDS OF POUNDS OF SUGAR, YOU WILL NOT REGRET IT, YOU CAN MAKE MOONSHINE AND BECOME A BOOZE BARON AFTER THE COLLAPSE.

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>>139815418
>work salvage
>get dozens of PCs
>crack em open
>literally hundreds of bitcoins
>mfw

>>139815418
imagine you stored your private keys to a digital currency in literally one place

so you're an idiot

We've basically been using monopoly money since Nixon took away our ability to buy gold form the government, and we've had this "credit" monster since the 70s.
Currency should be truly intrinsic anyway, that's why gas, tires, water, and bullets are the most common currency in SHFT.

>>139815520
Yes skills and knowledge are very important.
I still think bullets will be a main form of trade, with all the killing and all. Myself I have invested in learning how to make power off grid. All the way down to making batteries. When i master that I will likely move on to making pure sine inverters. I figure if i can learn to make the charge controller, the battery and the inverter I can make a lot of wealth in the future when no one has power. Don't think its possible to make your own solar panels outside of repairing broken waifers. I could also learn to build and wind up permanent magnet alternators for other forms of power.

>>139810455
If it is a localized disaster, bitcoin is a perfect currency to have. Like imagine Yellowstone goes off, North America would be fucked and the value of the Dollar would be in the toilet. If you had a stash of bitcoin, you could convert it into anything and attempt starting a new life elsewhere.

If it was a global SHTF situation then everything is fucked anyway, doesn't matter.

>>139816105
That and you don't need to worry about lugging gold bricks around.

>>139812393
>wallet wasn't destroyed or lost
like.. the ones you can store on your phone, a device people should carry with them at all times?

>>139815496
So I assume you disavow investing in stocks because you can't immediately use the certificate for a purchase.

Do you also keep money under your bed in a shoebox?

>>139816146
Yeah, and you could be entirely cut off from your household a well as the disaster began and still be okay. While if you had stockpiled gold and your house was anywhere in the Midwest, you are just fucked because there is no recovering that stuff for a long time if ever.

>>139815929
So long as you don't let yourself be replaced in usefulness you'll have a place among any strong group. You also have to be morally flexible to adapt to any laws/rules that group has to fit in.

>>139816317
I thought bitcoin was a currency? Stocks arent a currency are they senpai?

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Fuck. Every time one of these Bitcoin threads starts it's like reading a stream of morons talking without actually researching what they're saying
>can be stored on a private key based on 12 words or a QR code printed on paper
>blockchain doesn't disappear if internet goes down, private keys still hold value based on prior blocks
>illusion of value is based on mutual acceptance of value, i.e. fiat
>literally the whole world accepts Bitcoin at this point, therefore demand is widespread enough to be valuable as of now
>if SHTF and Internet and electricity go down, you've got bigger problems and using crypto to buy weapons prior with your gains is smart
>idiot fucking OP meme image pretending there aren't 10+ companies that tie a debit card directly to a Bitcoin wallet (pic related)
>if you say Bitcoin is not valuable, you legitimately do not understand currency and market forces, let alone the technology and how it works

t. Certified Bitcoin Professional

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>>139811905
>>139812146
>nocoiners

>>139817484
(((bitcoin)))

>>139810455
>implying access to reliable internet and power when "shit hits the fan"

>>139810455
EMP and and bt is gone.

>>139815306
>exchange is hacked
>all your "money" disappears
lmao retard

>>139818335
This... Its just controlled space cash at this stage. If you thought fiat was bad money just wait... Bitcions basket of derivates is strictly fiat. Fiats basket is mostly commodities. Labor completely removed from spacec cash determined by complex math equations and chinese daily trading.

>>139817484
Too late to start mining or what?

>>139817484
>>can be stored on a private key based on 12 words or a QR code printed on paper

How does this 'paper' hold up under flood or fire? Not good?

>>blockchain doesn't disappear if internet goes down, private keys still hold value based on prior blocks

How quick can you access your bitcoin currency when the internet is down? Not at all? That's pretty useless when life or death depends on getting water, food and medicine within a day.

>>illusion of value is based on mutual acceptance of value, i.e. fiat

Luckily this 'illusion of value' of USD is supported by banks, atms, every person you know.

>>literally the whole world accepts Bitcoin at this point, therefore demand is widespread enough to be valuable as of now

How come nobody was accepting Bitcoins during the flood? I thought you said literally everyone accepts it? Is it because the internet is down, the electricity is down, the ATMs are down, the supermarkets dont accept bitcoin, the guy on the street with water bottles doesnt accept bitcoin?

>>if SHTF and Internet and electricity go down, you've got bigger problems and using crypto to buy weapons prior with your gains is smart

You've got lots of problems but hedging your investment into Crypto for when SHTF is in the top 5.

>>idiot fucking OP meme image pretending there aren't 10+ companies that tie a debit card directly to a Bitcoin wallet (pic related)

So why dont I just use cash? I have to add the extra step of buying a commodity with high volatility then pay a third party to give me a debit card because ... ?

>>if you say Bitcoin is not valuable, you legitimately do not understand currency and market forces, let alone the technology and how it works

What is the value again? Please elucidate us

>>139815717
sheeeit nigga

>>139811420
>When the shit hits the fan I can use gold because it's in my hand.

What good is that gold really going to be? Maybe you can throw it at me before I shoot you.

>>139819243
>What good is that clean water/food/medicine/gold/cash/bitcoin/cash converted from bitcoin really going to be? Maybe you can throw it at me before I shoot you.

shiiiiiiit if thats your argument you aint got no argument, i thought bitcoin was meant to be revolutionary

if i can still rob you of your converted BTC or your USB drive whats the value?

>>139810455
>living in a nigger infested tornado land
The last natural disaster that hit the territory of my city happened back when spiders were 5 meters tall and not only in Australisa. God bless the Eastern European Platform.

>>139813147
>Bitcoin is full potato level retardation as currency, it's value is completely artificial,

Every Currency's value is completely artificial. Money is inherently worthless.

>>139810958
>idk which would you rather accept as payment the day of the happening?
Food.
>inb4 hurdur imma price gouge and be the richest man after habbeningz!

no coiner here, i will be a coiner in about 2 months, wish i could have been in on the MTL ico

>>139810997
Gold doesn't dissolve, hence why it is used in many new technologies

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>>139810455

>not giving them bread for 0.1 BTC per slice

>>139818088
You're not refuting what he is saying though

>>139816237
>store on your phone

The fragile phone that runs on electricity and is destroyed when wet. You are a child that has never experienced a real disaster.

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>>139818943
Kek if you're too retarded to set redundancies to your keys you are going to be too retarded to survive any bad situation, flood, fire or otherwise.

My debit cards work. Do yours?

Value = rare, global consensus of rules, impossible to forge, virtually impossible to hack without expending gigawatts of electricity in 10m intervals through expensive ASIC hardware to encrypt/decrypt transactions, can't be inflated arbitrarily because unelected bureaucrats say so, universal fiat onramp for cryptocurrency industry creating additional utility through innovation (i.e. Ethereum and steem)

As I said, if you can't find any value in the list above, you are by definition retarded in terms of understanding currency and market forces.

>>139813508
Without an electrical load nuclear plants overheat and kaboom. The amount of electricity needed to keep them cool even in complete "shutdown" (not actually possible) is plenty for wifi and basic crypto functionality.

But that's besides the point, because literally no one buys bitcoin for shtf. I've got a nice stack of btc, but I've also got a nice stack of semiprecious metals (brass + lead + functional steel and aluminum ;) ) and a year of food supply at my family farm that also has chickens and fruit trees and berry bushes and a vegetable garden.

Shtf is never going to happen like you guys think. If it does, NOTHING will matter except being the hardest, most savage, most cunning manipulative killing machine possible

>>139820223
>Kek if you're too retarded to set redundancies to your keys you are going to be too retarded to survive any bad situation, flood, fire or otherwise.

How would you like me to access my other copies of my wallet when there's no electricity or internet?

How does adding this improve on cash?

>My debit cards work. Do yours?

Yes the supermarket luckily accepts USD. It sadly hasnt accepted Bitcoin.

Oh and then you went and spammed all the features of bitcoin that are applicable to any currency.

When was the last time you couldnt buy food because USD werent rare? Or werent guaranteed non forged?

>can't be inflated arbitrarily because unelected bureaucrats say so

So during a flood your plan is to convert your BTC (if you could, which you cant) to a currency that is not tied to the USD (which dont exist) and then buy those Fictionally Currencies and then trade them in the US (with a currency that isnt tied to the USD)?

>universal fiat onramp for cryptocurrency industry creating additional utility through innovation (i.e. Ethereum and steem)

You mean "if/then" functions require a currency? The Eth cant work with USD?

I think you're confused, you're trying to sell the Blockchain, nobody was discussing that, we're discussing Bitcoin, please keep up tulipmania spruiker.

>>13984588
It's backed by anonymous purchasing power, which is cemented in drugs.

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>>139815516
ISIS is not an example of collapsed society you fucking dullard. ISIS is a functional government that collects taxes and has a standing army.

>>139821652
>someone took the Chad meme and used it as a disgusting twitter meme
the ride never ends

>>139821536
Bitcoin isn't anonymous

>>139812986
>it follows Satishi's vision more closely.
How the fuck could Bitcoin Cash follow his vision more closely when he wrote the damn code for bitcoin and mined the first bitcoins with it?!?!?

>>139811420
Frankly senpai, learning how to navigate, life off the land, basically living in some sort of network like a rural community out in the Ozarks would give you a gud chance. Network of people who have each others' back > pieces of metal which can be stolen from you without a state (artificial social contract version of network of ppl who have ur back)

>>139811905
And all could plummet with a panic or the gov stepping in

Honestly this thread is filled with people that missed the greatest oppertunity to get stupid wealthy in likely their entire lives.

Bitcoin was the thing the old banker jews and Rothschilde of the world didn't see coming, the nerdy invention that that if you bought literally $100 worth of it in 2009... you would be a multi-millionaire to the tune of 15-20Million.

I don't care if you can pick the next apple company. You're never EVER going to get another opportunity like that in your lives again.

>>139814588
Gold is only backed by 1/92nd of the amount of gold that exists on paper.

>>139824573
That is assuming one never sold earlier, and with how volatile the value have been the entire lifespan of Bitcoin I seriously doubt that anyone who bought in when they were worth dirt still has those same coins today to sell at over $4k+ each. I mined a bunch of coins in the early days, sold them all the second time the prices went over $100 because of how quick the first big surge and crash were.

>>139824573

Do you think it's too late to get into Bitcoin now?

I had a chance to buy $50 back in 2011 and didn't do it. Been kicking myself ever since. I bought $200 of Bitcoin a few days ago and already making money off it, but I am hoping it goes down to at least 3k again so I can just dump a few grand into it and make bigger gains later.

>>139810997
>surely 12 words would be destroyed

>>139827610
bought at high of bubble in 2011
>average cost $26.6
>tfw it crashed from $32 to $2

>>139810455
Why do people think gold will be valuable when societal collapse happens? Like saving in that for the downfall will do anything.

>Hey, you have medicine, fuel, and food
>I-I got some gold
>D-d you need any gold?

What the fuck are they supposed to do with gold when everything is falling the fuck apart?

>>139814588
I mean you could have had millions of your precious Jew paper if you had just listened to me when I told you to invest in crypto, but you didn't.

Probably enough to purchase property that isn't at risk of hurricanes or other natural disasters, or enough to evacuate and insure your property, or supplies if you're to stupid to leave.

I've made more by pressing 2 buttons than you will probably make in your entire life. I gave you the chance to free yourself from Zionist bondage, but you chose slavery. Now that you're drowning and starving, facing hordes of violent subhuman criminals, where are your masters now? Do you think they will save you?