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Survival and Preparations Long and short term survival and 'prepping'.

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  #1  
Old 11-20-2017, 7:44 AM
dreggie dreggie is offline
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Lightbulb Bitcoin/Cryptocurrencies and Natural Disasters

I've been reading through all the threads, and like 95% of people came across bitcoin a long time ago but DID NOT buy into it. Kicking my *** here as it's now over $8200/bitcoin.

I am worried about surviving a SHTF scenario as California laws severely limit what we can have. Being in the Bay Area, it would be super hard to bug out in a big earthquake, as all the roads are blocked during a normal day.

So I started investigating a new way out.....for both a major EMP/Nuke and a natural disaster:

1) With a small EMP, provided we survive, there's no need for cryptocurrencies in that scenario, although would likely have to leave the are and the house prices go to zero.
2) With an Earthquake: Can bug in, unless it's super serious and SHTF as law and order stops working......In that case I need to get out to somewhere safe. If I'm in the USA still no need for cryptocurrencies.
3) With a series of EMPs or a real nuclear issue, would need to get out of the country as the currency would collapse. Not sure where I would end up, but crypto would be the best thing to have. When Syria was ripped apart, its currency lost 95% of its value.....same would happen here.
4) With a political crackdown, like that's happening in Saudi Arabia now, and in China recently, people had their bank accounts frozen. There's over 20,000 people that are on the Saudi list, so it's not all princes. In that situation, crypto is untraceable and portable (unlike gold)

When I say crypto, I mean cryptocurrencies like Bitcoin, and Ethereum.

THAT STILL LEAVES A HUGE PROBLEM: HOW TO GET OUT
I came across these guys: https://www.valhallacoin.com
Basically US Navy SEALs that get you out when there's a disaster, or when you call. They don't ask dumb questions, just get you out to somewhere safe.
The people on the site are real, and they are looking to get people out of the pay area at a cost of $2k/helicopter seat.

I'm pretty impressed...but wanted the rest of the board to weigh in.
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  #2  
Old 11-20-2017, 9:00 AM
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Your scenarios assume some US financial collapse will not affect the rest of the world's economy. It will. In a pretty spectacular cascade.
I think you also assume a bit too much of these navy seals coming to save you for $2k. If SHTF has really happened, getting you 'someplace safe' within helicopter range for that little money is a pipe dream. $2 million - including a jet ride to somewhere remote *maybe* but even then, I'd say you're more likely to get cleaned out of anything valuable and left on the side of the road somewhere. You are talking about mercenaries here.

Crypto-currency is going to be worth less than paper money if it all goes down the toilet. You think people are going to be able to exchange keys for goods or services if the electrical grid is down?
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  #3  
Old 11-20-2017, 11:19 AM
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Ammo will be the currency when the SHTF.

Alcohol, drugs, and sex can also be traded.



.
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  #4  
Old 11-20-2017, 12:02 PM
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Crypto only works while the lights are on and the system still functions, a hedge against de-flation and inflation, minute Lord of the Flies starts to take over it is all done and PM's rule, after that lead.
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  #5  
Old 11-20-2017, 2:43 PM
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When you get into things, that may not be 100% true.

As for the world's economy: Yes, it will affect it, but it may not be as much as you think. Every war/conflict to date has been regional, even WW2. Once you get to somewhere outside of the conflict zone, the world still works. The chances of this happening is pretty low compared to a major earthquake.

The $2k will get you out to somewhere like Nevada, which might be fine for an earthquake, but not enough for a TEOTWAWKI by a long shot (maybe they have other options for that scenario).

Gold and currency will likely get stolen early, plus not very portable.

Crypto is indeed only useful once you get to somewhere where there is electricity and internet. The fact that crypto uses consensus mechanisms and distributed apps means that it WILL work once you get there, just like the internet, so it's got a far better chance than some other options.



Quote:
Originally Posted by danfinger View Post
Your scenarios assume some US financial collapse will not affect the rest of the world's economy. It will. In a pretty spectacular cascade.
I think you also assume a bit too much of these navy seals coming to save you for $2k. If SHTF has really happened, getting you 'someplace safe' within helicopter range for that little money is a pipe dream. $2 million - including a jet ride to somewhere remote *maybe* but even then, I'd say you're more likely to get cleaned out of anything valuable and left on the side of the road somewhere. You are talking about mercenaries here.

Crypto-currency is going to be worth less than paper money if it all goes down the toilet. You think people are going to be able to exchange keys for goods or services if the electrical grid is down?
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  #6  
Old 11-20-2017, 2:50 PM
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Quote:
Originally Posted by Californio View Post
Crypto only works while the lights are on and the system still functions, a hedge against de-flation and inflation, minute Lord of the Flies starts to take over it is all done and PM's rule, after that lead.

I agree. The crypto contract is purchased in advance, so no need for power once you can contact them (SAT phones). Once Lord of the Flies starts, want to already be long gone.
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Old 11-22-2017, 7:42 PM
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I can't imagine a scenario where bitcoin would be valuable. You'd be way better off investing in other currencies like gold, ammunition (or as mentioned above - sex, drugs, & booze - don't forget cigarette's). If you're seriously considering leaving the country it would be a good idea to get some Mexican Peso's, Canadian Dollars, Chinese Yuan, Russian Rubles, etc.

With all of those your investment is unlikely to drop to zero - bitcoin is very likely to go to zero.
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Old 11-22-2017, 11:53 PM
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Pesos? You're kidding right? Bitcoin can be spent anywhere, and its distributed value will mean you can take your pick where to spend it. The likelihood that ANY currency on the planet still works and BitCoin does not is zero. There may be value drop, yes, its like any currency (value storage) and will fluctuate, but dropping to zero just because of a less than global nuclear winter is just not going to happen.
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  #9  
Old 11-23-2017, 11:05 AM
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Bitcoin is Faker than all the other fake currencies. Absolutely nothing tangible to it. also without electricity you have nothing so good luck in a disaster situation.

Last edited by seanbo; 11-23-2017 at 11:14 AM..
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  #10  
Old 11-23-2017, 1:13 PM
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Quote:
Originally Posted by seanbo View Post
Bitcoin is Faker than all the other fake currencies. Absolutely nothing tangible to it. also without electricity you have nothing so good luck in a disaster situation.


Yes, but in a wide area disaster you’re also going to have extreme devaluation of local currencies and bank access lockdown with extreme limits on daily withdrawals. MOST of your daily transactions are digital currency already unless you’re the holdout cash only carry type, and that won’t do much good when paper cash is worthless. Going to carry a pile of gold coins? You know that the USD has nothing behind it but promises right?

There is no golden answer to this issue. BitCoin has a major advantage being a part of your plan in that it is NOT regulated or controlled by local governments and they have no method to do that in a disaster.

It should be part of your plan, but only part of it.
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Old 11-23-2017, 1:43 PM
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Quote:
Originally Posted by lordmorgul View Post
Yes, but in a wide area disaster you’re also going to have extreme devaluation of local currencies and bank access lockdown with extreme limits on daily withdrawals. ...
This is backwards based on every disaster that I can think of. If you mean an economic meltdown then that is different, but in all other disasters, cash is king. You are far better off having a stack of the local currency than anything else.

When electricity is restored and electronic banking (credit and debit cards, ATM's) comes back online, then things become much better, but until that point, cash is the only thing that will easily get you what you want. Not gold, not silver, not bitcoin.

At some point trading/bartering will come in to play, but that point will be long after the original disaster and it will also mean that the local infrastructure is still in a state of chaos.
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Old 11-23-2017, 2:10 PM
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Quote:
Originally Posted by 4DSJW View Post
This is backwards based on every disaster that I can think of. If you mean an economic meltdown then that is different, but in all other disasters, cash is king. You are far better off having a stack of the local currency than anything else.



When electricity is restored and electronic banking (credit and debit cards, ATM's) comes back online, then things become much better, but until that point, cash is the only thing that will easily get you what you want. Not gold, not silver, not bitcoin.



At some point trading/bartering will come in to play, but that point will be long after the original disaster and it will also mean that the local infrastructure is still in a state of chaos.


That is why one should have cash, and more than cash as other alternatives. Any “disaster” resulting in BitCoin not working (cellphone charges are an easy preparation) is also causing economic collapse. A flood like Houston is not going to make BitCoin not work. A Venezuelan economic collapse won’t either, but your cash would make it a few weeks at most before its devalued in those situations.
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  #13  
Old 11-23-2017, 2:39 PM
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Quote:
Originally Posted by 4DSJW View Post
This is backwards based on every disaster that I can think of. If you mean an economic meltdown then that is different, but in all other disasters, cash is king. You are far better off having a stack of the local currency than anything else.

When electricity is restored and electronic banking (credit and debit cards, ATM's) comes back online, then things become much better, but until that point, cash is the only thing that will easily get you what you want. Not gold, not silver, not bitcoin.

At some point trading/bartering will come in to play, but that point will be long after the original disaster and it will also mean that the local infrastructure is still in a state of chaos.
I agree.

Post SHTF if some guy comes up to me and says 'Hey I see you've got some .22LR for sale, I'll give you one bitcoin per 100 rounds"

I promise you I will laugh until I fall out of my chair.
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Last edited by danfinger; 11-23-2017 at 2:42 PM..
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  #14  
Old 11-23-2017, 8:59 PM
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@dreggie As you can see there are still tons of people who are unfamiliar with cryptocurrencies. It's not too late to "get in." They are not a fad and they aren't going anywhere. They are, however, quite volatile.

Pretty much all major governments have plans for (or already have) their own cryptocurrencies. Private companies are creating them. And most people totally gloss over how incredible the decentralized nature of bitcoin. It changes the rules. It's still early days, but IMO it's quite reasonable to hold BTC (whether for "prepping" or for simple diversification). I'm not a "gold-bug" but I think a little bit of PMs is a good idea for the same reason: diversification/SHTF.

@danfinger
You're missing the point. No one is talking about buying milk and eggs with bitcoin (although you'll be able to sooner than you think). I know 2 people personally who fled 2 different countries in the past 25 years. Their economies collapsed/civil war. The savings they had in their homeland's currency went to ****. One guy saw the writing on the wall and moved money to another European country via some back-channels. The other one lost about 85% of their worth.

Bitcoin is still in it's infancy is has it's own risks/problems. But a single country's failing economy or civil war aren't among them.
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Old 11-23-2017, 9:09 PM
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I'll add another note regarding cryptocurrencies as "fake." It's about as fake as all currencies. USD are "real" because we have a big-*** government that says they are real and has laws that say businesses must accept it as currency. We have a big military and GDP. If, however, people lose faith in the government for whatever reason, then the value of the currency goes down. It's a representation of faith and stability.

Cryptocurrencies have flipped the typical basis of trust from a government entity (or perhaps the chips from your local casino -- same thing) and replaced it with a decentralized, consensus-based algorithm. No one entity controls bitcoin. It's understandable to be wary of a new paradigm, but one shouldn't discount it. It's possible that one group could become such a dominant power in mining that they "gain control" of bitcoin. But what would happen? People would realize this group could manipulate the currency however they want and then... people would lose faith! The value would plummet.

And you better believe if and when a currency becomes problematic to certain governments they will act to discredit and destroy them. Not because they are evil, but because they take the power away from the house and give it back to the players.
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Old 11-23-2017, 10:25 PM
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Quote:
Originally Posted by Californio View Post
Crypto only works while the lights are on and the system still functions, a hedge against de-flation and inflation, minute Lord of the Flies starts to take over it is all done and PM's rule, after that lead.
Close. Lead > PMs
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Old 11-24-2017, 12:35 AM
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Quote:
Originally Posted by danfinger View Post
I agree.

Post SHTF if some guy comes up to me and says 'Hey I see you've got some .22LR for sale, I'll give you one bitcoin per 100 rounds"

I promise you I will laugh until I fall out of my chair.


The OP specifically mentioned fleeing the disaster region to either another state or another country, both of which are very well served with crypto currency which is not locally devalued ($20 gallon of milk) and which is easily converted to any local currency on the planet with the same value irrespective of graphical location.

It’s an entirely different game and buying 22lr with it was not the point.
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Old 11-24-2017, 12:37 AM
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Quote:
Originally Posted by therealnickb View Post
Close. Lead > PMs


Lead can be stolen from you by guys with more lead. Crypto cannot. Simply cannot. They can kill you, but loss of the mnemonic is loss of the currency value forever.
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Old 11-24-2017, 7:10 AM
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Quote:
Originally Posted by lordmorgul View Post
Lead can be stolen from you by guys with more lead. Crypto cannot. Simply cannot. They can kill you, but loss of the mnemonic is loss of the currency value forever.
Your “numbers” can be taken.
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Old 11-24-2017, 9:19 AM
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Quote:
Originally Posted by Carcassonne View Post
Ammo will be the currency when the SHTF.

Alcohol, drugs, and sex can also be traded.



.
I agree with you! the ammo part.
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Old 11-24-2017, 9:51 AM
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I had the bitcoin discussion with a neighbor a few months ago and for a while every time I bought something I'd ask if they take bitcoin.
So far I've learned:

I can't buy gas with bitcoin.
I can't buy groceries with bitcoin.
I can't buy lumber or a new rake with bitcoin.
I can't buy firewood with bitcoin.
I can't buy beer with bitcoin.
I can't buy cat food with bitcoin.
I can't buy tires with bitcoin.
Nobody is willing to mow weeds, dig ditches, or perform any kind of labor in exchange for bitcoin.

Maybe I'm kind of old fashioned, but in my opinion a currency only has value if I can exchange it for useful goods and services and out of several dozen people I've asked not a single one was willing to accept bitcoin in exchange for anything. Good luck if SHTF.
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Old 11-24-2017, 9:57 AM
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Recently bought myself small positions in some Bitcoin, Ethereum, and Litecoin for the heck of it. Though watching the radical dips and parabolic gains has been fun, I can 100% vouch that none of this stuff will be worth a hoot when the end times come.

My suggested strategy to prepare for SHTF with regard to cryptos would be to buy in, sell high, and use those profits to buy bullets. That'll be what will save your skin when the going gets heavy.
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Old 11-24-2017, 10:17 AM
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Still a bunch of misunderstanding in what you could do with it. Buying products and goods is not it. Get limited cash for that in local currency.

Use crypto to transfer wealth to currency when and where needed in any local currency. If you don’t see that as valuable you haven’t looked at this hard enough.
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Old 11-24-2017, 9:55 PM
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Quote:
Originally Posted by lordmorgul View Post
Still a bunch of misunderstanding in what you could do with it. Buying products and goods is not it. Get limited cash for that in local currency.

Use crypto to transfer wealth to currency when and where needed in any local currency. If you don’t see that as valuable you haven’t looked at this hard enough.
Yea, put all of your wealth in bitcoin & tell us in a year how you're doing. Nothing but hype & scam.
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Old 11-24-2017, 10:18 PM
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I've been making buttloads of money buying and selling Bitcoin.

But for SHTF nothing compares to genuine NORFED Liberty Dollars.

-Mark
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Old 11-24-2017, 11:55 PM
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Quote:
Originally Posted by bbguns44 View Post
Yea, put all of your wealth in bitcoin & tell us in a year how you're doing. Nothing but hype & scam.


That would be asinine and I clearly did not recommend that.

However, the top 6 crypto currency market caps combined have about $220 Billion USD and all 6 markets have risen by more than 50% in the last month. It’s extremely volatile, but the reason it is growing, and more currencies are showing up quickly, is because of the paradigm shift. Some of these currencies / coin types will vaporize yes, but not all, and spreading out a portion of your funds into several of these would provide liquidity like no one on earth has ever experienced before this generation.

www.coinmarketcap.com

Last edited by lordmorgul; 11-25-2017 at 12:11 AM..
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Old 11-25-2017, 5:13 AM
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After the big school shootings I spent a LOT of money on firearms and ammo. It was >$1/round for crap 5.56 and we all know the price of firearms went through the roof, as we awaited the bans.

Now the good 5.56 is ~$0.20/round and firearms manufacturers are on the verge of going bankrupt. If I had put what I put into firearms then into bitcoin, I would be a multimillionaire. My firearms purchases are at best worth 30% of what I paid for them. So let's get real on that.

The point is, when SHTF it will very likely NOT be global TEOTWAWKI but something regional. So while some people are happy bugging-in and dealing with all that uncertainty (until the government eventually comes in to 'save the day'), there are many that would rather get out of dodge super fast. These ValhallaCoin guys do that, and that's a super good thing.
Bitcoin and other cryptos are like the internet. They will survive major outages and are super portable. If you can BOTH get out and have crypto, you are a winner.

If you bug in, and have crypto, yes, it's useless, like most other prepping may turn out to be.

So yes, I'm firmly in the 'get out before or when it goes down' camp.
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Old 11-27-2017, 11:42 AM
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I don't mean to be "that guy," but I'm imagining some sort of fallout world (next to 0% of that ever happening) and some jackass is walking around with an iphone that he keeps charged with a hand crank saying "I have tons of money I swear! Someone please, I'll give you a thousand dollars for a piece of irradiated squirrel meat!"

I get the feeling that in any sort of complete meltdown, the ability to filter and and sanitize water in bulk will be the most desirable thing, that and food. Otherwise, we are prepping for short to medium term financial meltdowns and natural disasters where invisible Iphone money isn't all that useful.
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  #29  
Old 11-27-2017, 12:30 PM
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Yea, put all of your wealth in bitcoin & tell us in a year how you're doing. Nothing but hype & scam.
Everyone who did that a year ago has tripled their money, or more.
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Old 11-27-2017, 12:31 PM
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Ha, just looked.

In the last year, Bitcoin has gone up 1210 percent. Ethereum has gone up 5,177 percent. Litecoin has gone up 2,205 percent.

That's far more than tripled.
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Old 11-27-2017, 12:32 PM
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Originally Posted by Claytonmarkin View Post
I don't mean to be "that guy," but I'm imagining some sort of fallout world (next to 0% of that ever happening) and some jackass is walking around with an iphone that he keeps charged with a hand crank saying "I have tons of money I swear! Someone please, I'll give you a thousand dollars for a piece of irradiated squirrel meat!"
Clearly you don't Fallout. It would be caps for irradiated squirrel kabobs.
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Old 11-30-2017, 3:41 PM
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https://www.reuters.com/article/us-g...-idUSKBN1DU1Z3

The most recent thing I could find on bitcoin... Seems like monopoly money - I'm not saying there's no merit in cryptocurrency or, if one's timing is on point, profit to be made from it.

But more traditional methods for bugging out still seem more appropriate. And to the original post, I'm not sure the Navy Seals with the helicopter seats will accept it.

-W
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Old 11-30-2017, 5:45 PM
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I wouldn't trust any digital currency in any very bad situation, it'll be just as volitile as any other currency, probably more so.
I also wouldn't trust any rescue type service, in a very, very bad regional situation, they would be just as stuck as everything else.
In a bad emp or bad earthquake situation in San. Fran., I think almost all transportation methods would be down; streets, trains, highways, everything will be clogged or too dangerous to try to travel on anyway.
I think a person in San. Fran. in a very bad situation would be better off bugging in place if at all possible. Have plenty of food and water, first aid kits and medicine, an ability to store waste, or a place to dump it. The ability to barricade wherever you're bugging in as much as possible, make it as difficult as possible for anyone to get to you; reinforced doors, blocked windows, barbed wire previously stored and then spread out, pepper spray, etc. Of course firearms as a last resort.
Also; have a plan b if it turns out you have to leave; as in the whole city's on fire and you either leave or get burned up. In that case having any sort of remote location; even a small vacant land out of the way where you can pitch a tent, would be helpful. Plan on having to travel there on foot or maybe by bicycle. Again, any sort of travel might be extremely hazardous.
Obviously any secondary location has to be out of the way, the road or trail in has to be able to be blocked or made difficult to travel. Any sort of shelter built on a secondary location should be durable and fireproof; concrete block probably best.
A quick search on Zillow shows some vacant property around Boulder Creek CA fairly reasonable. About 70 miles or so from downtown San. Fran., that should be doable in a day or two on a mountain bike, maybe 3 or 4 days walking, depends on how dangerous the roads are.
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  #34  
Old 11-30-2017, 7:47 PM
drutledge79 drutledge79 is offline
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I understand completely folks who feel like crypto-currency isn't to be trusted; too volatile; unproven, etc. Just know, though, it's going to be like smart phones. At first they were a silly gimmick and 10 years later every homeless person and street-vendor in 3rd world countries has one. That's what's coming.

I'm not saying speculate on currencies. I'm just saying the gov't-backed fake money finally has some real competition and it's from crypto-backed fake money. It's a real big deal. Don't discount it. Take the parts that are useful and don't worry about the rest. Just like anything.
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Old 11-30-2017, 11:19 PM
Big bug Big bug is offline
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You do realize that crypto currencies are currently backed by no major bank or government and that as a percentage of business the amount of volume compared to the "value" is negligible. The volatility will hurt mostly the people vested mostly in it...which is the mafia and money laundering types. Currently bitcoin or crypto currencies do not facilitate in the creation of real significant products or services. It is just a means to circumvent government and legal currencies and taxes....just where do you think all those ill gotten gains from drug cartels etc are going? It is going into funding these so called crypto currencies to launder them. Stay away.... If you weren't benefiting from the upturn then too late. When it crashes...NOT IF...but when it does...I'll still be ok and the world will be ok because it is just digital money and ill gotten funds funneled into it that was lost. All you need is cheap energy sources and tech to mine that crap anyway. THERMAL ENERGY...from say ICELAND.... SOLAR and COAL from ...urrr CHINA...... Of course the Japanese YAKUZA....that have years of ill gotten gains they can now launder. It is no coincidence that most of this bubble is coming from JAPAN. I'm just saying...stay way.... This is not something that major countries or governments will allow. They will eventually clamp down on it. All it takes is another hack...or loss ...like that MOUNT GOX...or whatever debacle was.....That amount of bitcoin stolen...still hasn't been found.....Its value is still somewhere in the bubble we see now.....When those that stole it in the first place start cashing out....who's going to take that loss....stolen digital money for real cash...lol..... PLUS TRANSACTION COSTS...... Dn even compare crypto currencies...with cell phones....apples and oranges....

Last edited by Big bug; 11-30-2017 at 11:22 PM..
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  #36  
Old 12-01-2017, 12:34 PM
Claytonmarkin Claytonmarkin is offline
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Quote:
Originally Posted by drutledge79 View Post
I understand completely folks who feel like crypto-currency isn't to be trusted; too volatile; unproven, etc. Just know, though, it's going to be like smart phones. At first they were a silly gimmick and 10 years later every homeless person and street-vendor in 3rd world countries has one. That's what's coming.
I don't remember it that way at all. The idea of a phone that could check email use the internet seemed like an eventuality, then again I was 14 when this was all happening so I was fairly open to changing tech.
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  #37  
Old 12-01-2017, 2:14 PM
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Redneck Geek Redneck Geek is offline
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Quote:
Originally Posted by Big bug View Post
You do realize that crypto currencies are currently backed by no major bank or government and that as a percentage of business the amount of volume compared to the "value" is negligible. The volatility will hurt mostly the people vested mostly in it...which is the mafia and money laundering types. Currently bitcoin or crypto currencies do not facilitate in the creation of real significant products or services. It is just a means to circumvent government and legal currencies and taxes....just where do you think all those ill gotten gains from drug cartels etc are going? It is going into funding these so called crypto currencies to launder them. Stay away.... If you weren't benefiting from the upturn then too late. When it crashes...NOT IF...but when it does...I'll still be ok and the world will be ok because it is just digital money and ill gotten funds funneled into it that was lost. All you need is cheap energy sources and tech to mine that crap anyway. THERMAL ENERGY...from say ICELAND.... SOLAR and COAL from ...urrr CHINA...... Of course the Japanese YAKUZA....that have years of ill gotten gains they can now launder. It is no coincidence that most of this bubble is coming from JAPAN. I'm just saying...stay way.... This is not something that major countries or governments will allow. They will eventually clamp down on it. All it takes is another hack...or loss ...like that MOUNT GOX...or whatever debacle was.....That amount of bitcoin stolen...still hasn't been found.....Its value is still somewhere in the bubble we see now.....When those that stole it in the first place start cashing out....who's going to take that loss....stolen digital money for real cash...lol..... PLUS TRANSACTION COSTS...... Dn even compare crypto currencies...with cell phones....apples and oranges....
- says everyone who didn't invest early, or is trying to dump the price (Jamie Dimon).
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  #38  
Old 12-03-2017, 12:13 PM
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Librarian Librarian is offline
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Intro to Bitcoin from Ars Technica - https://arstechnica.com/tech-policy/...ginners-guide/

Quote:
Before we answer that question, we want to emphasize that investing in bitcoin is insanely risky. Bitcoin has been known to lose 80 percent of its value in a matter of days. And while bitcoins recovered their value after previous crashes, the price is much higher today. There's no guarantee that Bitcoin will recover after its next crash. So please don't invest money you can't afford to lose.
See also https://99bitcoins.com/beginners-guide-to-mining/ on 'mining' Bitcoin.
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Last edited by Librarian; 12-03-2017 at 12:18 PM..
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  #39  
Old 12-03-2017, 2:34 PM
el_clingon el_clingon is offline
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sorry, but i think bitcoin is worthless now and in a SHTF scenario
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  #40  
Old 12-03-2017, 7:07 PM
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vliberatore vliberatore is offline
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Quote:
Originally Posted by Californio View Post
Crypto only works while the lights are on and the system still functions, a hedge against de-flation and inflation, minute Lord of the Flies starts to take over it is all done and PM's rule, after that lead.
Why do you think PMs would be worth anything? If you're really fighting for survival I don't see any value in shiny metal.
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Damn it man! We could have got drunk, called a taxi and drop by Kest house with a mega phone.
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