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Author Topic: Is Bitcoin a viable Plan B?  (Read 5072 times)
undeadbitcoiner
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March 30, 2014, 04:08:28 AM
 #21

Technology is one major game changer. The technology exists today to completely revolutionize the way we live and govern ourselves.

Today’s system is just a 19th century model applied to a 21st century society. I mean– a room full of men making decisions about how much money to print? It’s so antiquated it’s almost comical.

But given that the majority of Western governments borrow money just to pay interest on money they’ve already borrowed, it’s obvious the current game is almost finished.

When it ends, there will be a reset… potentially a tumultuous one.

This is why you want to have a plan B

BTC Is Plan B and a Game Changer

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March 30, 2014, 04:16:20 AM
 #22

Well resetting a civilization usually requires a lot of bloodshed and violence and some people saying these people are crazy don't they realize what they are doing and saying.

But in reality it really is as series of steps and hopefully we learn and get stronger as a species through the lessons we learn from those experiences.
Not pro war mind you but pro change even if its not of the violent type of reset.

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March 30, 2014, 06:19:07 PM
 #23

Read this article and apply Bitcoin to the writer's suggestion of having a backup plan. Could this be Bitcoin? Would it survive something as described in the article?

http://www.sovereignman.com/trends/nasa-study-collapse-is-very-difficult-to-avoid-13889/

In the world as it is today, a strong argument can be made for bitcoin being a viable plan B. A paradigm shift or collapse or whatever you'd like to call it, as described in your article, makes bitcoin an exceedingly less viable plan b.

http://www.resilience.org/stories/2006-12-04/closing-collapse-gap-ussr-was-better-prepared-collapse-us
This is an interesting article that extrapolates some of the themes touched on in your article.
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March 30, 2014, 06:39:35 PM
 #24

Technology is one major game changer. The technology exists today to completely revolutionize the way we live and govern ourselves.

Today’s system is just a 19th century model applied to a 21st century society. I mean– a room full of men making decisions about how much money to print? It’s so antiquated it’s almost comical.

But given that the majority of Western governments borrow money just to pay interest on money they’ve already borrowed, it’s obvious the current game is almost finished.

When it ends, there will be a reset… potentially a tumultuous one.

This is why you want to have a plan B

BTC Is Plan B and a Game Changer

Sounds like as long as we have computers/internet then BTC is plan A, not B.  Smiley

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March 31, 2014, 10:28:28 PM
 #25

Time for firewood and a tent?

I got a little place like that set up in my field as a getaway. 

oh wait

It's also got a Coleman generator soz I can run my laptop.

My $.02.

Wink

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April 03, 2014, 04:56:06 PM
 #26

If we look at the rise and decline of societies, it was because they either obsoleted themselves through too much government waste and spending or they technologically or politically or economically more advanced societies came onto the scene. Food and water should be plan B and bitcoin plan C.

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April 03, 2014, 05:35:24 PM
 #27

It would be hard to keep bitcoin going in this scenario but it possibly survive in pockets. More likely gold and silver would retain value and other goods would be bartered.
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