i do not understand the intersection of cryptoidiot and doomsday prepper.
if you can still convert your magic computer coins into delivered supplies, it's not doomsday.
crypto bros want to become an overnight billionaire and prove the poors stupid by ruling over them
Right wing preppers want to become an ammunition warlord and prove the poors stupid by ruling over them
If you have no faith in institutions coupled with no exposure to leftist theory, then you could be convinced of both. Bitcoin doesn't have any central server nor anyone at the helm. Your seed/password is coordinates on a graph and nothing more. If you feel like the institutions are to blame and they want to control you with an iron grip, the separation of money and state becomes really attractive to you.
When you see places where your currency doesn't take you far and is liable to go up a billion percent in inflation, you'll see people trading specks of gold for groceries. People have been using gold for a whole lot longer than they have central banking. If you're a gold bug, you're rubbing shoulders with people who see Bitcoin (as distinct from other cryptocurrencies) as a superior asset due to its transportability. For example, if you needed to smuggle it across a border, you wouldn't even need the physical metal tube, you'd memorize the words and regenerate your wallet once you're inside. Price action is secondary to this sort of ideal. Arguing about Bitcoin on the basis of wildly fluctuating price is futile because they don't see the price of something in fiat as a very useful gauge for its value. Even the uptime of the Internet after shit hits the fan (SHTF) is to be a practiced and conditioned argument.
In essence, if your game plan is self sufficiency with guns and gold, you can be convinced to get Bitcoin instead of/in addition to gold.
totally. i'm just imagining them explaining to some armed drifter that while they don't have any rice or potatoes or canned sausages to barter with, they can pay them 0.05 BTC to evict a family from their detached garage.
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Cryptobros now have this thing to store their 'seed' (wallet password) in. I don't understand how it works but its supposed to be fire proof (prepper vibes). Of course, it doesn't make it any less likely to be stolen.
Prepper vibes? I'd say it's just common sense. If you had a password to all your money wouldn't you want to keep it safe from fire and water damage? Your bank does
Yea and banks too get robbed. Except that banks are insured and in the worst case they can ask the central bank.
If you had a password to all your money wouldn't you want to keep it safe from fire and water damage?
I would simply won't have all my money be reliant on a steel rod. Crypto is hot potato, buy drugs and throw it to someone else so its not your problem. Anyone holding it long term as an investment is a fool.
Idk, if I had enough money storing a little emergency fund in a crypto wallet seems like a good idea tbh
You can avoid the banks completely freezing on you at the request of the government/cops and you can easily take massive amounts of money across borders and untraced until you transfer back to fiat
Definitely not useful for non wealthy people though
right up until the value of the wallet craters because you picked the "wrong" coin.
I've had some for about the last 7 years. Honestly, I don't feel so foolish when I look at they money I have in the bank VS the money I have in crypto and how much either has changed since back then
good luck with that i guess, not everyone was as lucky as you and no one knows if you will be lucky either.
This is true. I'm not advising anyone to do it. I've already taken a lot of my initial out and got myself some stuff
I'm not rich, it was a modest investment that most would laugh at
Why not just get a safety deposit box?
And if you have a ton of money in crypto talk to your home/rental insurance and have it covered. You don't have to do crazy etching.
I've it done my way. It's not the OPs way. I don't have a ton of money
All I'm saying is it's not prepper vibes
And cryptobros wonder why their
artificial speculative investment“currency” hasn’t usurped central bank currency yet.Getting my seed tattoos along my back like in Red Dragon and then whenever I need to make a transition I pull off my bathrobe while shouting "Do you seed? Do you seed?!"
I am planning something similar! Do you have any suggestions of a safe place in the house to store it? Also what sort of home (and where!) do you live in so I can better contextualize your recommendation.
God I hope the machinist steals all his shit, you know his ass isn't gonna be inscribing shit
Watching someome attempting to report that to the police would be so fucking funny
cryptobros