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Author Topic: How are doomsday preppers using BTC in their plans?  (Read 4308 times)
Possum577 (OP)
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December 22, 2014, 11:31:26 PM
 #1

Are you a Doomsday Prepper?

How are you using BTC in your plans to prepare for any doomsday scenario?

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December 23, 2014, 03:54:37 AM
 #2

I don't think bitcoin can help in any doomsday scenarios. Bitcoin relies on the ability to communicate freely throughout the world quickly in order to properly work. Most doomsday scenarios involve communications significantly hampered.

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December 23, 2014, 04:04:40 AM
 #3

If you survive a year you may have a use for some medium of exchange, as the survivors begin trade again. Spending it in advance on more food, fuel etc to guarantee you will survive that year would optimal. What would a meal cost then? $100 worth of paper money? Gram of gold? Maybe only a couple of doses of tylenol.

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December 23, 2014, 05:10:30 AM
 #4

I don't mean to sound too dramatic but what difference would it make anyway? In doomsday scenario people will even be throwing away gold. In chaotic condition who would maintain btc network

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December 23, 2014, 06:04:05 AM
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I don't mean to sound too dramatic but what difference would it make anyway? In doomsday scenario people will even be throwing away gold. In chaotic condition who would maintain btc network

How do you figure? I see gold being a rather big commodity in a dooms day scenario. Precious metals will always hold value, even during a doomsday scenario. Not as much value as food and water I don't think, but I'm willing to bet that people will accept gold to purchase said food and water.
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December 23, 2014, 06:28:19 AM
 #6

"How are doomsday preppers using BTC in their plans?"
Did you hear, they have succeeded at putting the Internet on computers these days?   Cheesy

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December 23, 2014, 07:15:50 AM
 #7

I'm using it right now to buy all my ammo and dehydrated food.

Repent, the end is nigh! Famine, Death, War, Pestilence and Bitcoin! lol

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December 23, 2014, 07:20:06 AM
 #8

All currencies will lose value in a doomsday event. Paper money will only be worth as much as regular paper to light a fire with it.
BTC won't be important either, but would possibly when mankind starts rebuilding.

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December 23, 2014, 08:40:05 AM
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Bitcoin falls faster than fiat if global disaster occurs  Smiley
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December 23, 2014, 09:07:09 AM
 #10

going to use btc to buy as much alcohol as i can

Grin
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December 23, 2014, 09:49:13 AM
 #11

Bitcoin falls faster than fiat if global disaster occurs  Smiley
This is wrong in many aspects.

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December 23, 2014, 10:47:50 AM
 #12

Pfft, I don't think there will be a doomsday, chaos certainly, but the only people it will be a doomsday for is those who use this era of paper currency to maintain their current lifestyle Wink
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December 23, 2014, 10:54:13 AM
 #13

I am somewhat a prepper.

Many people choose different approaches, some look to hunker down where they are so they can "wait things out", others have a bug out bag with a plan for where they will go if something happens.

I chose another approach, mobility. I have minimized my life to the point where I can carry everything I own in a carry on and backpack. I left the US and make sure that I am not tied down anywhere, my apartment has no lease, I have no utility contracts, my cell phone is prepaid. Sure, if something bad happened unexpectedly I would not be much better off than anyone else. But I think, just like MtGox, the signs will be there that I need to get out. With nothing holding me back I will be more likely to pick up and move and can do so at a moment's notice. I am becoming a global citizen where I can go to where there is the least amount of tyranny.

How does bitcoin help? I have all of my money with me, hardware encrypted, software encrypted with several passwords to go through before you can reach my bitcoins. No need to open bank accounts, establish a residence, etc.  With localbitcoins I can get cash to pay my rent and buy food/gas.

Some jews made it out of Germany before the SHTF, some Russians got out of the USSR before the rise of communism, I will be one of those people that gets out early.

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December 23, 2014, 11:09:00 AM
 #14

I might want to buy a submarine with BTC but I dont think ill ever have that much.

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December 23, 2014, 11:10:21 AM
 #15

I have no utility contracts, my cell phone is prepaid.
Yah god forbid you had any unpaid bills if society collapsed Cheesy

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December 23, 2014, 11:14:46 AM
 #16

I don't think bitcoin can help in any doomsday scenarios. Bitcoin relies on the ability to communicate freely throughout the world quickly in order to properly work. Most doomsday scenarios involve communications significantly hampered.

Agreed. If the net goes down we're obviously screwed. It would be interesting to see what would be used as money in a scenario like this. I guess fiat would still be better but with complete economic collapse it would likely go back to a bartering system.

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December 23, 2014, 11:16:55 AM
 #17

seriously? after a (proper) doomsday, you would probably suffer hunger and thirst for long time and maybe radiations and all kind of shit. btc (and any other currency) would be at that point worthless since all markets are not there anymore. In that scenario humanity would focus on basic things to survive.

seems like you never suffered hunger in your lives to know how it feels, how your mind change and how people become more close and helpful and fucking money suddenly have no sense anymore
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December 23, 2014, 11:20:53 AM
 #18

I am somewhat a prepper.

Many people choose different approaches, some look to hunker down where they are so they can "wait things out", others have a bug out bag with a plan for where they will go if something happens.

I chose another approach, mobility. I have minimized my life to the point where I can carry everything I own in a carry on and backpack. I left the US and make sure that I am not tied down anywhere, my apartment has no lease, I have no utility contracts, my cell phone is prepaid. Sure, if something bad happened unexpectedly I would not be much better off than anyone else. But I think, just like MtGox, the signs will be there that I need to get out. With nothing holding me back I will be more likely to pick up and move and can do so at a moment's notice. I am becoming a global citizen where I can go to where there is the least amount of tyranny.

How does bitcoin help? I have all of my money with me, hardware encrypted, software encrypted with several passwords to go through before you can reach my bitcoins. No need to open bank accounts, establish a residence, etc.  With localbitcoins I can get cash to pay my rent and buy food/gas.

Some jews made it out of Germany before the SHTF, some Russians got out of the USSR before the rise of communism, I will be one of those people that gets out early.

I'm not trying to be cheeky, but I'm really curious. Where would you go if we are faced with civilizational collapse? How would bitcoins help when bartering is probably the way to survive?
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December 23, 2014, 11:25:06 AM
 #19

From what I can glean from your average doomsday type is that they all tend to be basically anti-technology. They don't mind using it now for attention etc but they are expecting to live in a world where all the present systems have collapsed, aren't they?
I try not to listen to obvious crackpots (unless they're funny) but I've met a few survivalist types who intend to live off the land. Computers ain't comin' supposedly.
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December 23, 2014, 11:30:32 AM
 #20

I'm not trying to be cheeky, but I'm really curious. Where would you go if we are faced with civilizational collapse?

Mogadishu.

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