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/biz/ - Business & Finance

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12983020 No.12983020 [Reply] [Original]

“Thank god I can use my digital currency when things go to —- oh damn”

>> No.12983031

>>12983020
imagine buying 1s and 0s instead of bread and ammo

>> No.12983036

Lmao retard all my Syrian friends depended on bitcoin to live decent lives during ‘14-17 hyperinflation . The only actual application to btc I can think of

>> No.12983041

>Not having a handheld electrical generator to power your phone

>> No.12983048

>>12983031
It's not like you can't have both...

>> No.12983064

>>12983020
>ill trade you a usb flash drive with 1,000 bitcoin for a gallon of water and a loaf of bread
>no thanks

>> No.12983067

>>12983020
Good luck trying to use shiny rocks. You'll just get killed for them.

>> No.12983075

>>12983041
>phone
Anon, I...

>> No.12983087

>>12983036
pretty fuckin decent application, t.b.h

>> No.12983219

>>12983064

>YOU CAN'T DO THIS TO ME, CRYPTO IS THE NEW PARADIIIIIIIIIIIIIIIIIIIIGM

>> No.12983274
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12983274

Has anyone shown actual evidence of what you can get down there with like ten ounces of silver or an ounce of gold or something?

>> No.12983322

ok so whats easier?
>moving physical goods (fiat, gold, cars etc) from one country to another or
>literally just move yourself to a country that has internet in order to access your wallet

HARD CHOICE

>> No.12983397

>>12983064
idiot thats exactly it. bitcoin is the hedge against the fiat collapse. there will be no apocalypse or societal collapse like you morons seem to think will happen. once fiat collapses bitcoin will just take place of it and then it will take its place as the global stablecoin. people will get paid .000001 btc per day which will be the equivalent of $100 a day. this will be the UBI for everybody, everyone's per diem, so to speak. those of us that have at least 1 btc will be in the global elite and nocoin and doomer peasants will be left on the outside with their worthless precious metals and ammunition

>> No.12983457

>>12983041
>Not having a 1000W generator to power your battlestation, so you can continue to shitpost while everyone else freaks out.

>> No.12983462

Is that why I havent been seeing any venezuelans on runescape?

>> No.12983554

>>12983397
Bitcoin DOES NOT SCALE FOR THAT

>> No.12983571

>>12983020
All of the coins those poor people had in their wallets.....all gone...just like that..

>> No.12983591

>>12983571
They're still in their wallets dumb fuck

>> No.12983647

>>12983064
You actually believe a venezuelan wouldn't trade a loaf of bread for Bitcoin worth about 3 million USD....

>> No.12983655

>>12983274
I saw some documentary where venezuelans were digging through the river looking for scraps of jewelry which they were trading for food

>> No.12983660

>>12983036
>All my Syrian friends

FBIthankyouforyouranonymoustip.jpg

>> No.12983666

>>12983647
this, these tinfoil hatters think they have it all figured out. in first world countries they will all adopt btc as the new standard. precious metals will become useless, fiat will become completely useless down from almost completely useless.

>> No.12983690
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12983690

>>12983397
anyone want a piece?
*snap*

>> No.12983757

>>12983274
https://www.youtube.com/watch?v=sN3iITo7gNA

>> No.12983995

>>12983020
I'm telling you all... get some SKY.

>> No.12984191

>>12983397

Why exactly wouldn't the "losers" who bother owning guns and ammunition not just shoot the NEETS who scorn gun ownership and laugh at them while posting smug frog pictures once law breaks down during this scenario that allows bitcoin to become a global currency? Does bitcoin grant magical anime powers that render bullets useless, like African voodoo magic?

>> No.12984214

>>12983591
Nuh uh. OP said they lost them all.

>> No.12984277

>>12983020
Literally just cross the border

>> No.12984487
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12984487

>>12983591
not if they were on lightning network. now they lost all their BTC because they couldnt stay online to maintain channel states
>the future of money

>> No.12985011

Lol yeah we are fucked, almost 4 days without power. Some anon asked what you can do here for a few bucks, let's see: 1 dollar and you can charge your phone with someone that has a powerplant, 5 dollars for a gallon or two of water, armed bodyguards depends but still a lot. Let me remind you min. wage here is like 0.08 dollars

>> No.12985030

>>12983087

This

>> No.12985047

>>12983757
amazing to see... it used to be called the bread-basket of Africa under white government.

>> No.12985055

>>12983020
Skycoin Skywire solves this problem

>> No.12985445

>>12984214
OP hasn't said that, fag. The coins aren't lost. You just can't access them without electricity.

>> No.12985487

Venezuelan here. The currency of choice in this blackout was the United States Dollar (USD).
In the end, that's the one who wins.

>> No.12985524

>>12983048

but if I had to choose....

>> No.12985554

when shit really hits the fan the most important currencies are things like food, water, hunting/gathering skills, the ability to build shelter, bartering skills, combat skills, and weapons. money is pretty much worthless if things really got bad and apocalyptic where you are so its all pretty relative. venezuelans have already been bartering for shit "Hey, do you know who can get me some chicken for next week friday night? I can get you coffee, wine, and cigarettes. You in, Juan?"