cash remains the only option if there's an emergency

[nydiacaskey01]

I think nothing can replace cash in the next 10-20 years, using credit cards have it's disadvantages as well because of its interest rest and possibility of being cloned. Same with using prepaid and debit cards. Bitcoin will be used only online. 

[Kakmakr]

When the shit hits the fan, I will stock up on some cigarettes. I am not a smoker, but there are loads of people who are, and that will be to my benefit. Smoking is a addiction and most people will trade food for a cigarette. ^hmf^

I think Bitcoin will survive as a currency, but fiat will always be around because it is in abundance. The only problem is, it will still be worthless and more practical to use as toilet paper. ^LoL^ 

[RyanLZ]

For some situations cash is just better, not only in emergencies. Bitcoin can take the place of bank transfers, not of cash.

Bitcoin will coexist with fiat for decades. The adoption of bitcoin in society is a gradual process, will take centuries.

[mallard]

It's a lot easier to steal somebody's cash than it is to steal their Bitcoins (provided that they secure them properly).
If the price wasn't so volatile I'd happily keep most of my savings in Bitcoin.

[Betwrong]

I think nothing can replace cash in the next 10-20 years, using credit cards have it's disadvantages as well because of its interest rest and possibility of being cloned. Same with using prepaid and debit cards. Bitcoin will be used only online. 

What do you mean by that exactly? Of course Bitcoin will be used online,  but from using it you can get something, some food or some services, in real life.

IMO to say "Bitcoin will be used only online." is like to say "cash is only paper".

[designerusa]

It is really funny story but sadly yes. Technology brings us luxury but it is never guarenteed. Banking system may crash, electricity may cut off, internet could be useless and slow. So cash functions after that. It is lord saviour.

[afriezalie]

In very emergency problem, you will need cash on your hand because gold and bitcoin will not work in very emergency situation. Gold can be useful depend on your situation ( like wars and you need evacuate to other country ). But in many situations, cash is the best option for emergency situation like earthquake, flood, and other natural disasters.

[Supercrypt]

In very emergency problem, you will need cash on your hand because gold and bitcoin will not work in very emergency situation. Gold can be useful depend on your situation ( like wars and you need evacuate to other country ). But in many situations, cash is the best option for emergency situation like earthquake, flood, and other natural disasters.

Everything is based on the country we live in. If bitcoin is widely accepted or at least bitcoin ATMs are available in your street or city, then bitcoin also will be helpful for any emergency. Otherwise gold o fiats are the only savers as we can find many resources to accept those two savings.

[Rumichbit]

When there is an emergency Cash is useless against Guns and Power..

[CasioK]

When there is an emergency Cash is useless against Guns and Power..

I believe OP is not meant that kind of emergency like a life threatening moments. Fiat is widely accepted every where so, people can use it when ever they wanted. Bitcoin also will become similar or more than fiat at now a days. But we need price appreciation to make that is possible.

[Pyr3x]

Get a satellite phone with internet. Problem solved.

In an emergency, there is no electricity or battery.

Even if you have electricity,the seller or other person must also have satellite phone to receive your payment

You are speaking about a global catastrophe which clearly at that point what does it matter right? But if it's a local issue I doubt you would have much issue. I'd stash my device with a charged up battery in a waterproof container out something in an emergency. I am pretty sure my solution could be viable at that point.

[WhatTheGox]

If there is a real emergency or some sort of epidemic then even cash is useless. I'd be moving with my Glock, that'd be the only way to survive

Yeah, you want guns, dogs, food stocks, medical supplies, a large group of people who you can trust.  Then you work on rebuilding society.

[Pyr3x]

If there is a real emergency or some sort of epidemic then even cash is useless. I'd be moving with my Glock, that'd be the only way to survive

Yeah, you want guns, dogs, food stocks, medical supplies, a large group of people who you can trust.  Then you work on rebuilding society.

That sounds more like the walking dead...

[chennan]

If there is a real emergency or some sort of epidemic then even cash is useless. I'd be moving with my Glock, that'd be the only way to survive

Yeah, you want guns, dogs, food stocks, medical supplies, a large group of people who you can trust.  Then you work on rebuilding society.

That sounds more like the walking dead...

Haha, I was thinking the same thing when I was reading through all the comments... but really, there is no telling what you need to "stock up" on for some unseen "emergency" because, no one will no in advance what "emergency" to prepare for. 

I don't know if anyone on here has seen that show "Preppers", but it basically is a show that shows people prepping for some kind of apocalyptic event that they think will happen... If you watch the show, you will see people preparing for very different scenarios, and even starts out each show with "This is Bob, he is preparing for a Nuclear holocaust by building an underground bunker and storing X amount of food"... then the next show will be something along the lines of, "This is Alice, she is preparing for a zombie apocalypse by stocking up on guns, ammo, gasoline, etc. etc." ... So in short, there are more than one "apocalyptic" scenario one would have to prepare for... Not to mention, no one would know if the internet will still be up and running or not... so bitcoin could maybe still have some value during such an event.

[Kevin77]

When there is an emergency Cash is useless against Guns and Power..

I believe OP is not meant that kind of emergency like a life threatening moments. Fiat is widely accepted every where so, people can use it when ever they wanted. Bitcoin also will become similar or more than fiat at now a days. But we need price appreciation to make that is possible.

Where ever fiats work fine in the format of plastic cards, now a days it's possible to use bitcoin debit cards to make all the spending we needed to. The bitcoin debit card will do that magic of making bitcoin to be accepted every where you wanted.

[bearex]

Basically food and water and material supplies remain the only option in emergency.

[CasioK]

When there is an emergency Cash is useless against Guns and Power..

I believe OP is not meant that kind of emergency like a life threatening moments. Fiat is widely accepted every where so, people can use it when ever they wanted. Bitcoin also will become similar or more than fiat at now a days. But we need price appreciation to make that is possible.

Where ever fiats work fine in the format of plastic cards, now a days it's possible to use bitcoin debit cards to make all the spending we needed to. The bitcoin debit card will do that magic of making bitcoin to be accepted every where you wanted.

Agree. With bitcoin cards, we need to agree that bitcoin has entered into every business virtually. But in some countries those bitcoins cards are still not available which makes people ignoring the other uses of bitcoin too. I believe bitcoin has become in fiat format with the help of debit cards.

[RoyalTiffany]

Zombie Apocalypse!!! We need some ZCoins bhahahahha.
Truth is , if there is a world wide emergency, cash will be totally useless, and so will bitcoin be. The only things with value are gonna be the things u need the most to survive. If u survive that is.

[ajrah]

Zombie Apocalypse!!! We need some ZCoins bhahahahha.
Truth is , if there is a world wide emergency, cash will be totally useless, and so will bitcoin be. The only things with value are gonna be the things u need the most to survive. If u survive that is.

Same thing will happen if WW3 erupts, cash will have no value and precious items will be more valuable like like food and water. Same when calamity strikes, cash ill be useless as there's no store open to sell to you.

[Kakmakr]

Zombie Apocalypse!!! We need some ZCoins bhahahahha.
Truth is , if there is a world wide emergency, cash will be totally useless, and so will bitcoin be. The only things with value are gonna be the things u need the most to survive. If u survive that is.

Same thing will happen if WW3 erupts, cash will have no value and precious items will be more valuable like like food and water. Same when calamity strikes, cash ill be useless as there's no store open to sell to you.

If WW3 start, we will be wiped out. There are enough nuclear weapons on this earth to destroy every country situated anywhere on this planet. So to think that fiat currency will be better than digital currencies, will not matter in any event like this.

We will not be here to use either fiat or Crypto currencies after WW3. ^hmf^