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Author Topic: If catastrophe happens on Earth and society collapses, would Bitcoins be useful?  (Read 1304 times)
gabriella
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June 08, 2011, 02:44:50 AM
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or would people revert to gold instead?

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June 08, 2011, 02:46:04 AM
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Both if the Net still works.

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June 08, 2011, 02:49:59 AM
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Hmm... How to say it... Only currency`s that will have some matter - will be strength of muscles, reaction speed, and only after that - brain power. Other values will be of limits for some period of time.

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June 08, 2011, 03:24:27 AM
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I'm not sure? But if it happens I'll have check back on this thread.

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June 08, 2011, 03:40:45 AM
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That's a good question. I'll look it up on Google News and get back to you once it happens.
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June 08, 2011, 03:46:43 AM
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or would people revert to gold instead?

No.  Without society, currency is worthless.  There would be no currency.

imperi
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June 08, 2011, 03:49:01 AM
 #7

Women and gasoline would be currency, along with water and crossbow bolts.
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June 08, 2011, 03:52:17 AM
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If technology was readily available and small networks could be easily assembled, I don't see why Bitcoin would be completely lost.
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June 08, 2011, 04:12:35 AM
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haven't you ever seen mad max beyond thunderdome, they use gasoline as currency in that event.

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June 08, 2011, 04:16:42 AM
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The best way to prevent society from collapsing in the first place is to move it away from fiat currencies and central banks =)
Kman54
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June 08, 2011, 04:19:41 AM
 #11

no, guns water and food would be the new currency.
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June 08, 2011, 04:20:14 AM
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And gasoline!
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March 23, 2018, 09:13:49 AM
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the Internet will remain after the disaster? and what values will be after her? maybe in the future for a piece of bread to kill Grin

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March 25, 2018, 05:26:18 PM
 #14

or would people revert to gold instead?


     I am assuming that by catastrophe, internet will also be lost. Which means this is a completely useless question since bitcoins together with all the other altcoins out there would clearly sees to exist and will be easily forgotten in a few years time after the said catastrophe. But, if you mean a catastrophe that exempts the internet usage, then I pretty much think that bitcoins would still have value since it will be the one that can be easily used to send value across the globe. It will be a good payment for labor and other things. But even so, in remote areas, I think that barter trading would be the most logical thing we can think of to happen.

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