When Bitcoin fails - what is Plan B?

[Muuurrrrica!]

This thread got me think:
https://bitcointalk.org/index.php?topic=912190.0


what's Plan B in case bitcoin suffers total failure?

[Flashman]

Animal pelts.

Y'all will want warm clothing in a Nuclear Winter.

[CoinRocka]

I see 0% chance of total system shutdown.  There may be a period of time when value is transferred out of bitcoin to something else as that something else rises.

[Muuurrrrica!]

... i see ... no plan B ...

[darkangel11]

I see 0% chance of total system shutdown.  There may be a period of time when value is transferred out of bitcoin to something else as that something else rises.

I second that.
The only way for bitcoin to fail is if something else takes its place. There is a need for what bitcoin has to offer, it serves its purpose.
 

[dmugetsu]

What can we do?

For people who selling btc before the total failure,they're lucky

And for the people who don't,just suck it and move on

[rayson]

its a gamble to wait thats all

[darkangel11]

I see 0% chance of total system shutdown.  There may be a period of time when value is transferred out of bitcoin to something else as that something else rises.

I second that.
The only way for bitcoin to fail is if something else takes its place. There is a need for what bitcoin has to offer, it serves its purpose.

Inflationcoin? What purpose does it currently serve?

There are many. For example it's a great payment processor and still a fairly easy and cheap way to move money.
By having some of your wealth in bitcoins you don't have to worry that the currency issued by your country becomes worthless and you'll lose all you have.

Show me a bank with fees comparable to bitcoin. Show me a payment system with such low fees. Show me a payment system that doesn't require you to make an account and log in every time you want to pay.

Then there's speculative value

[AnonBitCoiner]

Then the people who spent their whole life savings into BitCoin will really have some financial difficulties.

There's no way to tell; yes, it's highly unlikely for it to fail, particularly due to the way in which it was designed, but if it ever were to fail, I'd be (a little) relieved since I didn't spend too much into it. If it were to go back up to $1000 USD value or even $1000000, I'd regret not putting more into it. Such are the risks of investment

[QuestionAuthority]

Solidcoin of course. lol

[Bobsurplus]

gummybears!!

A friend of a friend of a friend told me to long gummybears in case BTC fails!

LMAO!

 

[jonald_fyookball]

https://en.bitcoin.it/wiki/Contingency_plans

[Q7]

My "Plan B" is to continue to hold on to it. If it drops too low, I definitely won't even consider selling at a loss. If it point to possible bitcoin infrastructure suffering massive total breakdown, no way I will further buy into it. Seriously I doubt if that is ever Plan B. That is why I never put all my money into something which I can't afford to lose. I rather go with the "lower risk and lower gain" approach.

[Pizpie]

Animal pelts.

Y'all will want warm clothing in a Nuclear Winter.

Lol. Win. 

[toddtervy]

Ah, bad to think about.  Back to the cave I found for the occasion upon which I become poor.   

[onewiseguy]

plan b is the B coin, unless you want to go back to fiat.

[peonminer]

Zombies.

[Penis]

Wasn't Litecoin intended to serve as a backup for Bitcoin in case the latter fails?

Then again, if Bitcoin fails then I'm sure Litecoin will too.

[50ouncebrew]

Move on to a different coin 

[blg425]

There will be another digital currency, I think the last years have proven there is a need for it, hard to say if bitcoin will provide for that need. We've switched types of currencies in the past often enough.