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Author Topic: cash remains the only option if there's an emergency  (Read 7908 times)
ajrah
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October 22, 2015, 06:06:51 AM
 #101

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^

I'm not thinking of that "wipe out" thing yet  Grin
I'm still hoping that somehow when WW3 erupts, there would be like bunkers or places where we can hide and survive till end of war so life can continue and use those money we stashed somewhere.  Smiley

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October 22, 2015, 06:26:47 AM
 #102

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^

I'm not thinking of that "wipe out" thing yet  Grin
I'm still hoping that somehow when WW3 erupts, there would be like bunkers or places where we can hide and survive till end of war so life can continue and use those money we stashed somewhere.  Smiley

I still think a Zombie Apocalypse is more viable than WW3, with all the new viruses that they are discovering and reviving and all the experiments that they are conducting...The issue is , which one is gonna get here first. Either way...no cash or any crypto currency will survive.
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October 22, 2015, 07:13:17 AM
 #103

I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago.

http://www.bbc.com/news/world-europe-34443189

My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions.

The only thing which kept on working was the fiber optic network, I guess because that's the newest.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.

In a true emergency its not cash that will be king but utility goods that people can use everyday to address their situation.
Food water tools and supplies will always retain their value even if gold money and other currencies were to be made hard to use for any period.

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October 22, 2015, 07:26:16 AM
 #104

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.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did
RoyalTiffany
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October 22, 2015, 07:41:07 AM
 #105

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.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did

In a post apocalypse world (caused by whatever reason) , the only thing i would be concerned is surviving, not securing my financial future , when the possibility to have one is so slim.
Amph
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October 22, 2015, 08:26:12 AM
 #106

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.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did

In a post apocalypse world (caused by whatever reason) , the only thing i would be concerned is surviving, not securing my financial future , when the possibility to have one is so slim.

well after you survive you need something that could help you in the future, something that you could exchange, girls have an advantage there, because they can offer their body

you must find something else
RoyalTiffany
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October 22, 2015, 08:38:27 AM
 #107

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.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did

In a post apocalypse world (caused by whatever reason) , the only thing i would be concerned is surviving, not securing my financial future , when the possibility to have one is so slim.

well after you survive you need something that could help you in the future, something that you could exchange, girls have an advantage there, because they can offer their body

you must find something else

You could offer your body too. Bhahahahhaah
Pierre 2
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October 22, 2015, 08:40:35 AM
 #108

You could offer your body too. Bhahahahhaah

Demand is very low for men body. Even fat girls like you make money but most fit men can't make money with offering their bodies.
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October 22, 2015, 08:47:12 AM
 #109

You could offer your body too. Bhahahahhaah

Demand is very low for men body. Even fat girls like you make money but most fit men can't make money with offering their bodies.

Where do u live? If i am a fat woman in your opinion , then u must be living in Somalia ffs...but yeah...whatever. And men do make money offering their bodies. And a lot of money...But we are deviating from the original subject here.
Mickeyb
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October 22, 2015, 08:57:05 AM
 #110

I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago.

http://www.bbc.com/news/world-europe-34443189

My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions.

The only thing which kept on working was the fiber optic network, I guess because that's the newest.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.

In a true emergency its not cash that will be king but utility goods that people can use everyday to address their situation.
Food water tools and supplies will always retain their value even if gold money and other currencies were to be made hard to use for any period.

Exactly this! During the crisis in Cyprus, even though it was a man made crisis, people have returned to barter. They were exchanging goods for food and services. They had absolutely no trust in money, credit cards, or any man made financial instruments. They have pretty much return to the old ages.

The same thing would happen during any catastrophic event so I am not that worried about OP's reasoning.
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October 22, 2015, 09:33:53 AM
Last edit: October 22, 2015, 12:52:13 PM by Amph
 #111

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.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did

In a post apocalypse world (caused by whatever reason) , the only thing i would be concerned is surviving, not securing my financial future , when the possibility to have one is so slim.

well after you survive you need something that could help you in the future, something that you could exchange, girls have an advantage there, because they can offer their body

you must find something else

You could offer your body too. Bhahahahhaah

while, tnx to the workout i have a good body, it's no where near as valuable as a good girl body
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October 22, 2015, 11:46:04 AM
 #112

yes that was a shortage bitcoin.

and do not make bitcoin as a means of payment in everyday situations.
but only for certain goods. This is only a suggestion.

the rest depends on you.
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October 22, 2015, 08:53:46 PM
 #113

You could offer your body too. Bhahahahhaah

Demand is very low for men body. Even fat girls like you make money but most fit men can't make money with offering their bodies.

Where do u live? If i am a fat woman in your opinion , then u must be living in Somalia ffs...but yeah...whatever. And men do make money offering their bodies. And a lot of money...But we are deviating from the original subject here.

Whats wrong with fat girls? They need love too~!

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October 23, 2015, 02:55:21 PM
 #114

Bitcoins are no doubt, the simplest way and safest pay of payment, but still in case of emergency, they have a downvote. Let's understand it with an example. Suppose you are caught by traffic police for rash driving, and you are fined, say 100Rs. Its not necessary that officer has btc wallet too ,but it's a sure fact that he must have cash, so here you have no choice, but to pay in cash, so in case of emergency in some places, BTC always doesn't work right way. .
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October 23, 2015, 03:02:40 PM
 #115

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

Sadly without the means to buy it, you can't have it. Cash is a globally accepted form of payment. You can't argue with that.
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October 23, 2015, 05:22:16 PM
 #116

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

Sadly without the means to buy it, you can't have it. Cash is a globally accepted form of payment. You can't argue with that.

Ok, let me answer this with a question... If you need one of these things {food / water / medical supplies} and I gave you the option to pay with cash / Bitcoin / gold / silver or I

trade one item for the other {food for medical supplies} what would you accept for payment? Let's make this interesting and shake things up a bit.  Roll Eyes

In order of priority, I would accept trading for goods first and then any other precious metals and then cash and lastly Bitcoin... Why? Most people will want to do the same and

there are not a lot of options for people to accept Bitcoin during that time. {The process will just be too much effort, and most would have to deal with other stuff, like grief for

the dead}

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October 23, 2015, 05:26:08 PM
 #117

YES!!!

This is the biggest weakness with using Bitcoin - if the electricity goes out or you're unable to reach the blockchain, your funds are not accessible (they might as well be worth nothing).

But, Bitcoin was never designed to be a doomsday currency. It was meant to be a more fair, more efficient way to conduct current financial transactions.

This is the beauty of it, it won't need to replace fiat (nor should it) because fiat will always be necessary in emergency situations. This will help prevent the rulers of fiat currencies from meddling with Bitcoin.

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October 23, 2015, 05:28:36 PM
 #118

YES!!!

This is the biggest weakness with using Bitcoin - if the electricity goes out or you're unable to reach the blockchain, your funds are not accessible (they might as well be worth nothing).

But, Bitcoin was never designed to be a doomsday currency. It was meant to be a more fair, more efficient way to conduct current financial transactions.

This is the beauty of it, it won't need to replace fiat (nor should it) because fiat will always be necessary in emergency situations. This will help prevent the rulers of fiat currencies from meddling with Bitcoin.

You know the only currency that would work in a doomsday scenario? a 12 gauge automatic shotgun. Im sorry but if anyone expects people to start trading gold coins in the middle of a post apocalyptic doomsday scenario, I think you have too many hopes.
Such a scenario is pretty sci-fi, so I don't see the worries. If electricity fails humanity failed.
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October 27, 2015, 10:13:24 AM
 #119

YES!!!

This is the biggest weakness with using Bitcoin - if the electricity goes out or you're unable to reach the blockchain, your funds are not accessible (they might as well be worth nothing).

But, Bitcoin was never designed to be a doomsday currency. It was meant to be a more fair, more efficient way to conduct current financial transactions.

This is the beauty of it, it won't need to replace fiat (nor should it) because fiat will always be necessary in emergency situations. This will help prevent the rulers of fiat currencies from meddling with Bitcoin.

If you have battery for your smart phone and there is wifi or 4G phone service, then it might not be a big problem.
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October 27, 2015, 10:21:23 AM
 #120

YES!!!

This is the biggest weakness with using Bitcoin - if the electricity goes out or you're unable to reach the blockchain, your funds are not accessible (they might as well be worth nothing).

But, Bitcoin was never designed to be a doomsday currency. It was meant to be a more fair, more efficient way to conduct current financial transactions.

This is the beauty of it, it won't need to replace fiat (nor should it) because fiat will always be necessary in emergency situations. This will help prevent the rulers of fiat currencies from meddling with Bitcoin.

If you have battery for your smart phone and there is wifi or 4G phone service, then it might not be a big problem.

If we ever have a doomsday fiat money will probably become worthless too and will likely revert back to a barter/trade system again.
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