How are doomsday preppers using BTC in their plans?

[frank1e]

For me Bitcoin is not good for a real doomsday as an universal survival tool. But it could help. A little bit or a little more, depends on how the whole Bitcoin scene and market evolves.

[bf4btc]

Are you a Doomsday Prepper?

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

I am not a doomsday prepper but I have looked around for who is actually accepting BTC in the field of metal things, seeds, and nonregulated things generally.  To be prepared and to do so without someone looking up your shirt or down your pants does not a doomsday prepper make, I just happen to like what I like without you liking to know what all it happens to be.  There are some folks here and there, you usually have to just look.  Truth be told, BTC may not be the most ideal choice for those kind of purchases, but it may be a much better possibility next year (in 2015) due to the growth of stealth technology and also the coming of, you guessed it, Zerocash, which when released will make many bitcoin users able to sleep a bit easier.

Now the question then, can you get things like seed, food, most tools you would need for ordinary work, some tools you'd need for bench work, reloading and so forth, in other words, things you might need for most daily this and that, with BTC?  Yes but it would take quite a bit of digging to do so.  To do so with OpenBazaar (a decentralized market system based on bitcoin) and similar systems would be a task at the moment because those markets are emerging - in any given moment there may be somewhere between 50 and 70 percent (growing) of the world's economy churning through (mostly) undetectable (though not exactly anonymous at the moment) SystemD.  In this manner when all is said and done, in less than 15 to 20 years' time, truly and well regulated economic systems which also include well-traced units of currency (where said traced regulated units are not disposed of quickly) will likely become less than 5 to 10 percent of the world's economy (variable, but this is a fair estimate, examining developments in the USA, Russian Federation, Belarus, North Korea, and a few other choice places). BTC is not anonymous.  It does not function in an anonymous way, although in 2015 it will be interchangeable with token systems that will indeed be anonymous and for which the consensus will be developed differently.  One example is Zerocash, which will allow purely transparent bitcoin users to exchange with the (anonymous token) Zerocash users, without any conflict between the consensus systems in Zerocash and the consensus systems that also guard against double spend in standard bitcoin.  

Even if you have places that accept bitcoin today, it does not mean they will accept it tomorrow (or the day after some doomsday scenario happens). Even if government fiat is no longer accepted such merchants are not going to accept bitcoin in the event that the network is not generally operational and the merchant can exchange their bitcoin for other things of value. It would be likely that any kind of doomsday would result in overall communications systems (the internet) to generally be unavailable which means transactions cannot be broadcast and miners will not know which blockchain to mine on

I'm willing to make some assumptions - you know, basic ones. Like: People will figure it out.  Or if they can't for a while they will exchange it on paper until they can.  I assume you have heard of piper wallet, bicycle (powered) generators - which we use where I live for electricity (sometimes) and (non-electrical-powered) juice-ice blended drinks (a lot), and Stalingrad.  Geez.

Happy New Year.

I don't think trading bitcoin via paper wallets would be a very good idea. It would be impossible to know if there is actually any inputs on the address the paper wallet has the private key to. You would essentially be trading pieces of paper that you must trust that the other person is not scamming you for. Bitcoin is a system when you should not be trusting the person you are trading with

[ABISprotocol]

Are you a Doomsday Prepper?

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

I am not a doomsday prepper but I have looked around for who is actually accepting BTC in the field of metal things, seeds, and nonregulated things generally.  To be prepared and to do so without someone looking up your shirt or down your pants does not a doomsday prepper make, I just happen to like what I like without you liking to know what all it happens to be.  There are some folks here and there, you usually have to just look.  Truth be told, BTC may not be the most ideal choice for those kind of purchases, but it may be a much better possibility next year (in 2015) due to the growth of stealth technology and also the coming of, you guessed it, Zerocash, which when released will make many bitcoin users able to sleep a bit easier.

Now the question then, can you get things like seed, food, most tools you would need for ordinary work, some tools you'd need for bench work, reloading and so forth, in other words, things you might need for most daily this and that, with BTC?  Yes but it would take quite a bit of digging to do so.  To do so with OpenBazaar (a decentralized market system based on bitcoin) and similar systems would be a task at the moment because those markets are emerging - in any given moment there may be somewhere between 50 and 70 percent (growing) of the world's economy churning through (mostly) undetectable (though not exactly anonymous at the moment) SystemD.  In this manner when all is said and done, in less than 15 to 20 years' time, truly and well regulated economic systems which also include well-traced units of currency (where said traced regulated units are not disposed of quickly) will likely become less than 5 to 10 percent of the world's economy (variable, but this is a fair estimate, examining developments in the USA, Russian Federation, Belarus, North Korea, and a few other choice places). BTC is not anonymous.  It does not function in an anonymous way, although in 2015 it will be interchangeable with token systems that will indeed be anonymous and for which the consensus will be developed differently.  One example is Zerocash, which will allow purely transparent bitcoin users to exchange with the (anonymous token) Zerocash users, without any conflict between the consensus systems in Zerocash and the consensus systems that also guard against double spend in standard bitcoin.  

Even if you have places that accept bitcoin today, it does not mean they will accept it tomorrow (or the day after some doomsday scenario happens). Even if government fiat is no longer accepted such merchants are not going to accept bitcoin in the event that the network is not generally operational and the merchant can exchange their bitcoin for other things of value. It would be likely that any kind of doomsday would result in overall communications systems (the internet) to generally be unavailable which means transactions cannot be broadcast and miners will not know which blockchain to mine on

I'm willing to make some assumptions - you know, basic ones. Like: People will figure it out.  Or if they can't for a while they will exchange it on paper until they can.  I assume you have heard of piper wallet, bicycle (powered) generators - which we use where I live for electricity (sometimes) and (non-electrical-powered) juice-ice blended drinks (a lot), and Stalingrad.  Geez.

Happy New Year.

I don't think trading bitcoin via paper wallets would be a very good idea. It would be impossible to know if there is actually any inputs on the address the paper wallet has the private key to. You would essentially be trading pieces of paper that you must trust that the other person is not scamming you for. Bitcoin is a system when you should not be trusting the person you are trading with

Rapidly this is sounding to me like those old discussions you would see on pre-internet tv (you know where we were still playing around with getting our phones to scream) and the talking heads were laughing saying "that internet thing it will never work"

Also I am reminded that there are people in Finland (who happened to kick ass of Soviet invasion in Winter war btw) who right now today are transmitting bitcoin over television, finally putting television rays to good use.

I don't know, this thread is getting a bit boring.  But keep it up

[nextgencoin]

For me Bitcoin is not good for a real doomsday as an universal survival tool. But it could help. A little bit or a little more, depends on how the whole Bitcoin scene and market evolves.

One word 'Confiscation'. In a real doomsday economic collapse you can be sure many governments will turn to their people for wealth, including Gold and Silver confiscation. No one can real prove you own Bitcoin and if you say you lost it all playing Bitcoin casino then that's the truth. Plus you can move wealth over borders which again is essential if your government decide they want your stuff and will put capital controls up to stop you going anywhere with it.

[BitcoinFreak12]

For me Bitcoin is not good for a real doomsday as an universal survival tool. But it could help. A little bit or a little more, depends on how the whole Bitcoin scene and market evolves.

One word 'Confiscation'. In a real doomsday economic collapse you can be sure many governments will turn to their people for wealth, including Gold and Silver confiscation. No one can real prove you own Bitcoin and if you say you lost it all playing Bitcoin casino then that's the truth. Plus you can move wealth over borders which again is essential if your government decide they want your stuff and will put capital controls up to stop you going anywhere with it.

They will confiscate debit accounts, current accounts, gold vaults, silver vaults, other precious metal vaults, private pensions, in some extreme cases even farm land and mansions or other property.

 But they can never confiscate Bitcoins. Thats the beauty of it!

[Flashman]

Yah, you can have my bitcoins, when you take them from my cold, dead, HDD.... maybe I should backup more often

[botany]

For me Bitcoin is not good for a real doomsday as an universal survival tool. But it could help. A little bit or a little more, depends on how the whole Bitcoin scene and market evolves.

One word 'Confiscation'. In a real doomsday economic collapse you can be sure many governments will turn to their people for wealth, including Gold and Silver confiscation. No one can real prove you own Bitcoin and if you say you lost it all playing Bitcoin casino then that's the truth. Plus you can move wealth over borders which again is essential if your government decide they want your stuff and will put capital controls up to stop you going anywhere with it.

The government will start tracking bitcoins long before a doomsday scenario comes into play.
Just look at all the KYC requirements of exchanges.