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Author Topic: Will Cryptocurrencies be accepted in a Civil War Scenario?  (Read 442 times)

Offline DrBeer

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Re: Will Cryptocurrencies be accepted in a Civil War Scenario?
« Reply #15 on: May 07, 2024, 10:05:36 AM »
I'm asking you for the 2nd time EC
if you find yourself in a civil war where you live what would you like to have, BTC, US banknotes or gold coins?

The most correct answer is bitcoins, dollars and euros, and gold coins :)
This is a diversified portfolio of very good assets. Assets that are not only highly liquid, but have good investment potential ! Bitcoin and gold - less liquid in difficult situations but have better investment appeal, dollars and euros - extremely highly liquid, although like any fiat currencies are subject to inflationary processes.  Therefore, the optimal set of "emergency financial suitcase" is bitcoins, gold coins, dollars and euros.

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Re: Will Cryptocurrencies be accepted in a Civil War Scenario?
« Reply #15 on: May 07, 2024, 10:05:36 AM »

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Offline electronicash

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Re: Will Cryptocurrencies be accepted in a Civil War Scenario?
« Reply #16 on: May 07, 2024, 10:39:25 PM »
I'm asking you for the 2nd time EC
if you find yourself in a civil war where you live what would you like to have, BTC, US banknotes or gold coins?

The most correct answer is bitcoins, dollars and euros, and gold coins :)
This is a diversified portfolio of very good assets. Assets that are not only highly liquid, but have good investment potential ! Bitcoin and gold - less liquid in difficult situations but have better investment appeal, dollars and euros - extremely highly liquid, although like any fiat currencies are subject to inflationary processes.  Therefore, the optimal set of "emergency financial suitcase" is bitcoins, gold coins, dollars and euros.

i'm sure we are going to be accepting currency of a country with a government that stands. but yes BTC would be better as well.

no potatoes?
because to me this is what is more important when war occurs. food especially


 its easy to say USD if its Europe that s having civil war.

yes, it's easy to say and it's easy wrong
I'm in Europe.
Don't assume everybody idolises the american dollar as you crypto people do
Instead of talking about countries that you don't know, talk about what you know.
Talk about your country.

maybe on the other thread when its about my country, this one is about civil war movie scenario. seem what many understood actually. most if not all EU countries idolizes USD because afaik its the reserve currency of all.  unless CYN is more preferred already cuz middle east seem accepting CYN ffor oil already.

 

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