RodeoX
Legendary
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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July 16, 2014, 06:34:29 PM |
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Even if it benefits Bitcoin im scared. Also, in such a dangerious enviorment, would Bitcoin be even accepted? In total chaos the guy with weapons and food is the guy that rules Alas this.. when things go bad the hired armies of the gov (the police) will come to steal EVERYTHING you own.. EVERYTHING including crypto. If you do not have the means or people to defend yourself you will be killed and everything taken, or enslaved and everything taken... Things are just not looking good at all.. I have cop friends.. they are 100% brainwashed. If asked to go wipe out a city there will be no question just action. It's rather obvious the gun agenda with a massive decrease in gun violence over the past 15 years but the media going on about how bad it's getting and how we HAVE to fix this issue that is getting worse.. when it's getting better... :S.. In my country you'll face years in prison if you are found with a baton... hopefully I can escape south if/when the time comes. In the event of a real collapse there won't be a government to oppress, nor will there be an internet to run bitcoin. There will be starvation, disease, and power will be in the hands of those willing to take it. Only food and a few basic goods will have any value. Let's hope it does not come to that.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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unpure
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July 16, 2014, 08:32:41 PM |
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Even if it benefits Bitcoin im scared. Also, in such a dangerious enviorment, would Bitcoin be even accepted? In total chaos the guy with weapons and food is the guy that rules Alas this.. when things go bad the hired armies of the gov (the police) will come to steal EVERYTHING you own.. EVERYTHING including crypto. If you do not have the means or people to defend yourself you will be killed and everything taken, or enslaved and everything taken... Things are just not looking good at all.. I have cop friends.. they are 100% brainwashed. If asked to go wipe out a city there will be no question just action. It's rather obvious the gun agenda with a massive decrease in gun violence over the past 15 years but the media going on about how bad it's getting and how we HAVE to fix this issue that is getting worse.. when it's getting better... :S.. In my country you'll face years in prison if you are found with a baton... hopefully I can escape south if/when the time comes. In the event of a real collapse there won't be a government to oppress, nor will there be an internet to run bitcoin. There will be starvation, disease, and power will be in the hands of those willing to take it. Only food and a few basic goods will have any value. Let's hope it does not come to that. Hard to imagine it will be a worse case scenario.
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Spendulus
Legendary
Offline
Activity: 2898
Merit: 1386
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July 17, 2014, 11:49:57 AM |
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Even if it benefits Bitcoin im scared. Also, in such a dangerious enviorment, would Bitcoin be even accepted? In total chaos the guy with weapons and food is the guy that rules Alas this.. when things go bad the hired armies of the gov (the police) will come to steal EVERYTHING you own.. EVERYTHING including crypto. If you do not have the means or people to defend yourself you will be killed and everything taken, or enslaved and everything taken... Things are just not looking good at all.. I have cop friends.. they are 100% brainwashed. If asked to go wipe out a city there will be no question just action. It's rather obvious the gun agenda with a massive decrease in gun violence over the past 15 years but the media going on about how bad it's getting and how we HAVE to fix this issue that is getting worse.. when it's getting better... :S.. In my country you'll face years in prison if you are found with a baton... hopefully I can escape south if/when the time comes. In the event of a real collapse there won't be a government to oppress, nor will there be an internet to run bitcoin. There will be starvation, disease, and power will be in the hands of those willing to take it. Only food and a few basic goods will have any value. Let's hope it does not come to that. Hard to imagine it will be a worse case scenario. For examples of worst case, we can look at areas that have had a worst case collapse. Lebanon, Somalia. Valuable infrastructure breeds organization to extract tolls, and gangs spring up to collect "taxes" for protecting neighborhoods. Life goes on. I can't think of ANY past collapse where some kind of pre existing money system did not continue in use. Perhaps not the national currency, but some mix of currencies. A "worst case" collapse of civilization cannot occur from the financial sphere, maybe consider a superbug pandemic, all out nuclear war, or a Carrington event. Today nuclear war with hundreds or thousands of warheads seems pretty much impossible. Oh, and around here, cops are not 100% brainwashed....
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bananaeater
Newbie
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Activity: 30
Merit: 0
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July 17, 2014, 01:01:34 PM |
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The only conclusion we can draw from History is that nobody draws any conclusions from it.
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Chef Ramsay (OP)
Legendary
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Activity: 1568
Merit: 1001
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July 17, 2014, 07:53:11 PM |
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Wall St: Bubble Paranoia Setting in as S&P 500 Surge Stirs AngstTwo years of uninterrupted gains in U.S. stocks are sowing anxiety among financial professionals, with three in five saying the market is on the verge of a bubble or already in one, the Bloomberg Global Poll found.
Forty-seven percent of those surveyed said the equity market is close to unsustainable levels while 14 percent already saw a bubble, according to a quarterly poll of 562 investors, analysts and traders who are Bloomberg subscribers. Almost a third of respondents called the market for lower-rated corporate debt overheated and most said stock swings will increase within six months, the July 15-16 poll showed. More... http://www.bloomberg.com/news/2014-07-16/bubble-paranoia-setting-in-as-s-p-500-surge-stirs-angst.html
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DannyElfman
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July 17, 2014, 09:56:06 PM |
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Even if it benefits Bitcoin im scared. Also, in such a dangerious enviorment, would Bitcoin be even accepted? In total chaos the guy with weapons and food is the guy that rules Alas this.. when things go bad the hired armies of the gov (the police) will come to steal EVERYTHING you own.. EVERYTHING including crypto. If you do not have the means or people to defend yourself you will be killed and everything taken, or enslaved and everything taken... Things are just not looking good at all.. I have cop friends.. they are 100% brainwashed. If asked to go wipe out a city there will be no question just action. It's rather obvious the gun agenda with a massive decrease in gun violence over the past 15 years but the media going on about how bad it's getting and how we HAVE to fix this issue that is getting worse.. when it's getting better... :S.. In my country you'll face years in prison if you are found with a baton... hopefully I can escape south if/when the time comes. In the event of a real collapse there won't be a government to oppress, nor will there be an internet to run bitcoin. There will be starvation, disease, and power will be in the hands of those willing to take it. Only food and a few basic goods will have any value. Let's hope it does not come to that. I don't think this would be true. The infrastructure of the internet would still be there no matter how badly a economy performs. It is not very expensive to run the internet's infrastructure.
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This spot for rent.
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onlyu
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July 19, 2014, 12:27:36 AM |
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Even if it benefits Bitcoin im scared. Also, in such a dangerious enviorment, would Bitcoin be even accepted? In total chaos the guy with weapons and food is the guy that rules Alas this.. when things go bad the hired armies of the gov (the police) will come to steal EVERYTHING you own.. EVERYTHING including crypto. If you do not have the means or people to defend yourself you will be killed and everything taken, or enslaved and everything taken... Things are just not looking good at all.. I have cop friends.. they are 100% brainwashed. If asked to go wipe out a city there will be no question just action. It's rather obvious the gun agenda with a massive decrease in gun violence over the past 15 years but the media going on about how bad it's getting and how we HAVE to fix this issue that is getting worse.. when it's getting better... :S.. In my country you'll face years in prison if you are found with a baton... hopefully I can escape south if/when the time comes. In the event of a real collapse there won't be a government to oppress, nor will there be an internet to run bitcoin. There will be starvation, disease, and power will be in the hands of those willing to take it. Only food and a few basic goods will have any value. Let's hope it does not come to that. I don't think this would be true. The infrastructure of the internet would still be there no matter how badly a economy performs. It is not very expensive to run the internet's infrastructure. It is very expensive and have high dependency on power.
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