The time is WWIII, what are our Bitcoin Doomsday Preppers doing?

[bitbunnny]

Hope this will not happen although the situation in the world looks realy bad. And I'm not sure how Bitcoin could help in the case of WWIII because I'm convinced in this case the world will be completely ruined and there will be no electricity, water or Internet so how could one access to Bitcoin. The WWIII would probably mean the end of human race and turn the world back in the stone age.

[kwukduck]

We live in some dangerous times? Where do you get that information? We don't, we basically live in the most peaceful time in human history, the media just enables us to see everything going on (including made up stuff).
The last thing i'm worried about is countries pointing nukes at each other, for exactly that reason. They both know they both lose if a war starts. Although I have some doubt as to whether Trump has the intellect to internalize the consequences of a nuclear war...

If a global nuclear war happens your last concern will be Bitcoin and the only safe place is likely to be underground.

[kwukduck]

Hope this will not happen although the situation in the world looks realy bad. And I'm not sure how Bitcoin could help in the case of WWIII because I'm convinced in this case the world will be completely ruined and there will be no electricity, water or Internet so how could one access to Bitcoin. The WWIII would probably mean the end of human race and turn the world back in the stone age.

I'm pretty sure turning back to the 'stone age' requires the human race to still be around...

[hatshepsut93]

When you are thinking about preparing for some future disaster, you have to evaluate expected value (EV) of your preparation. The value of some disaster can be represented as its probability multiplied by it's damage. This will give you the optimal amount of resources you can allocate to counter this disaster. In case of WWIII the damage will be huge, but the probability of it happening is small, so if you will spent to much preparing for it (like building a bunker) you will probably just waste your money. Same with Bitcoin - if there is no cheap solution to making Bitcoin resistant to WWIII, then we shouldn't bother doing it, especially if it would mean sacrificing some of our decentralization or security or capacity.

[iamTom123]

In my own opinion, there would be a coming global crisis involving big nations almost similar to what the world experienced in World War 1 and 2 but this time it can be so different because we have already got the most advanced military warfare and of course the nuclear power which many nations already possessed...this is the big game-changer and once this can be unleashed then we can be at the bridge of no return for humanity.

In case a global crisis scenario that am painting can happen, it would not really matter if you have Bitcoin because we are not sure if it can still be used or if that Blockstream can still be functioning. I would better be going to the hills and discreetly start farming and produce the foods my family might need while the war is still ongoing.

Yes, Bitcoin can be worth a million dollar if there can be a big war but I am so sure if there would be merchants who might accept it or if there can be an exchange still functioning at that time. Well, these are just speculations and we are hoping these things will never happen as in war nobody wins all are losers.

[StockBet.com]

Gold usually goes up in a crisis.

Bitcoin is mainly a store of value and competes against gold.  So it will likely go up in a crisis.

[Kprawn]

I have stored copies of my laminated paper wallets in 4 different locations. Some would say that might be a little over the top,

but in a war scenario most buildings are bombed and I guess in the next war we might see whole cities being destroyed. My

friend also have a underground bunker, so I stored some in there too. { He thinks it is some personal documents, but I hid

the private key within the documents. } 

[chesegrinder]

Well i am seeing this a way back year before as many historian says history repeat it self. If WWIII will come fiat currency will change its either decrease or totally gone in different country, but bitcoin will remain [as in my opinion]. But i take to consider how this war will be, it could be a traditional warfare with a lot of combat action and nukes or they will include cyber war as our technology are really fast, upgraded and evolving. By this time i can store my bitcoin on a hard wallet where a can easily travel it to somewhere neutral country which the value of it cannot touch of the government unlike fiat money.