what if crypto currency investment is a must for future survival

[fortelen]

What do we think of a time that may come when the fate of human survival will depend only on using cryptocurrency for buying and selling, because mankind may soon find Fiat currency is obsolete or of no value in their current environment perhaps due to world earth crisis or pandemic or war .

Your opinion is valid!

to be fair i seriously would not be surprised anymore if this were to happen i think its a bit of a far fetched thought though. crypto currency would be able to help if other methods were to fail but it would still need the internet and power to preform. im sure if a war or pandemic were to happen other methods would still be available and just work side by side with crypto currency.

[Antona]

What do we think of a time that may come when the fate of human survival will depend only on using cryptocurrency for buying and selling, because mankind may soon find Fiat currency is obsolete or of no value in their current environment perhaps due to world earth crisis or pandemic or war .

Your opinion is valid!

naaa i highly doubt a time would come where all depend on crypto currency i just can see it happening. even in a pandemic or a war this would defo not be the answer. there has been world wars in the past and crypto didnt even exsit back then.

[noorman0]

If I imagine "survival" means everything is difficult, crypto won't help; digital goods are inaccessible without electricity. Even gold becomes worthless under extreme conditions.
You should only invest in things that will give you absolute independence. Free energy, an unlimited food supply, and a decent place to live.

[bournekin]

What do we think of a time that may come when the fate of human survival will depend only on using cryptocurrency for buying and selling, because mankind may soon find Fiat currency is obsolete or of no value in their current environment perhaps due to world earth crisis or pandemic or war .

Your opinion is valid!

that would be wild imagine fiat tapping out and crypto being the only way to trade. if some big crisis hit decentralized money could be clutch since it dont rely on one system staying alive. but real talk survival aint just about what we pay with it is about infrastructure access and people adapting. Crypto could be part of the lifeline but humanity always finds a way to remix the system when things get crazy

[WaySummit]

Crypto can increase financial freedom, but full dependency is risky – because technology is fragile.

[UmerIdrees]

Crypto can increase financial freedom, but full dependency is risky – because technology is fragile.

This becomes even more relevant when you see the current geopolitical conditions around the world. While people still think gold as a safe heaven but we can see in these war time, people are finding it hard to move their gold out of Dubai and they are forced to sell it at discounted prices compared to the open market prices.

Soon people will realize the advantage to having Bitcoin over gold as with Bitcoin your physical location doesn't matter and you only need internet to move your funds anywhere. Carrying Bitcoin anywhere with you is pretty much easy.

[Ishicryptic]

People apparently forget that if something very bad happens, whether it is a global war or a major natural disaster, we can expect that there will be serious disruptions in communication or, better said, an interruption of the internet. If that happens, the things that will be most valuable will be food, drinking water, and medicine, and of course, means of self-defense.

Of course, we should not be pessimistic, just realistic and prepare in time for every possible scenario.

I don't think that if such a time will come when fiat will become obsolete and the human race would depend on only cryptocurrency as a means of investment, transactions and survival that holding cryptocurrency would be our priority. It is different when people decides to hold cryptocurrency out of their free will because fiat have failed them than being compelled to hold it because they don't have a choice.

If things degenerate to extreme level because of wars and destabilization and fiat where to become of no value and use to us I think that survival would precede holding cryptocurrency. Constant electricity and internet might not be available so crypto transactions would be affected, what would be priority would be food and clean drinking water. But if electricity and internet are still in place then cryptocurrency transactions can be enabled but there has to be commodities to buy and exchange your cryptocurrency with.