Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: electronicash on April 28, 2024, 10:21:21 PM
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i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
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i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I think that would be safer way to store the money through Bitcoin in that kind of situation compared to having fiat currency or physical money or precious metals that can be looted or robbed. Though phones and devices can be looted but as long as you have the private keys of your wallet it is still safe.
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...if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I am going to see where I can watch this supposedly good movie According to Wikipedia (https://en.wikipedia.org/wiki/Civil_War_(film)): "Civil War is a 2024 dystopian war film written and directed by Alex Garland. It follows a team of journalists traveling across the United States during a civil war fought between an authoritarian federal government and several regional factions." Now, to answer your question, I think the producers and writers of the said movie have never thought of cryptocurrency and that is why they opted for Canadian Dollar. We have to remember that in case there can be a nationwide civil war, the government will not be functional well and central banking can be collapsing so fiat money can be worthless. In case, there can still be electricity (solar option can surely be available unless there is already a nuclear war) and the internet, then money can be Bitcoin and the rest of the crypto gang and there can be some that will introduce war memecoins. Of course, all of these things are just speculative ideas as nobody can be sure of what can happen in case we can experience a big civil war disruption. Let's hope we can never have the bitter taste of a civil war in our lifetime.
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Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
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if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I think in a war situation, it's normal for Bitcoin price to appreciate because during such time difficulties, a lot of people will want to abandoned US dollar for settlement of trade, nobody will be interested in buying yuen and euro, a lot of people will be seeing their shares and stock and will used it to buy food and health care items.
For people who still want to have their value save from any circumstances, Bitcoin is going to be the only option for investment but there will be a lot of things as well, people might start attacking each other when Bitcoin becomes the next big thing, this scenario just make me to remember a movie call TIME, if you have watch it you will understand me better.
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i've seen TIME, not a very possible move to happen. they could just snatch time from someone's arm which the currency has no security.
...if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I am going to see where I can watch this supposedly good movie According to Wikipedia (https://en.wikipedia.org/wiki/Civil_War_(film)): "Civil War is a 2024 dystopian war film written and directed by Alex Garland. It follows a team of journalists traveling across the United States during a civil war fought between an authoritarian federal government and several regional factions." Now, to answer your question, I think the producers and writers of the said movie have never thought of cryptocurrency and that is why they opted for Canadian Dollar. We have to remember that in case there can be a nationwide civil war, the government will not be functional well and central banking can be collapsing so fiat money can be worthless. In case, there can still be electricity (solar option can surely be available unless there is already a nuclear war) and the internet, then money can be Bitcoin and the rest of the crypto gang and there can be some that will introduce war memecoins. Of course, all of these things are just speculative ideas as nobody can be sure of what can happen in case we can experience a big civil war disruption. Let's hope we can never have the bitter taste of a civil war in our lifetime.
what i can think of is that the civil war in the movie is just in the US to which Canada is not affected and their government is still working. the producers/writers could have picked Mexican Peso assuming the government in the country is more stable but of course they'd pick Canada.
maybe if Canadian government is also a mess and the Mexican government is also getting crazy like they are part of the civil war in the Amerikan continent, i guess this is where we can see crypto will be the option.
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i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
I live in Ukraine, and I know firsthand what war is like. I also have many friends and acquaintances who lived or had to live in the occupied territory or the territory destroyed by terrorist troops of a neighboring country. So I will tell you how it is in reality:
- Few people are interested in risky, illiquid assets. Everyone is interested in dollars, euros, gold, etc. assets that can be used to buy or exchange food, medicine, etc. goods
- The occupation authorities are always totally restricting and controlling all data channels - in occupied DNR, LNR, Crimea - all communication is totally controlled (from wiretapping to blocking data transmission), protocols are blocked (all messengers that are difficult to control are banned). For violation or attempts to bypass - very severe punishment, up to death.
- In destroyed villages and towns, there is no communication at all, and often no electricity.
- Banking systems, card accounts and transactions do not work. You simply will not be able to convert cryptocurrency into physical/fiat assets.
Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.
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Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.
and how are they spending the gold in the war torn region?
i know its not the same as the time of covid but during the time when we are locked down, all the people do was trading stuff from appliances and plants in exchange with food and cash still accepted which was still great though but most probably because the government still exist. it must be different if the government is not functioning anymore as warlords are the only that reigns in every city.
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Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.
and how are they spending the gold in the war torn region?
i know its not the same as the time of covid but during the time when we are locked down, all the people do was trading stuff from appliances and plants in exchange with food and cash still accepted which was still great though but most probably because the government still exist. it must be different if the government is not functioning anymore as warlords are the only that reigns in every city.
I understand your question and will give you 2 examples. One from slightly older times, the other from the current situation:
1. The city of Leningrad, which was blockaded during WWII (reasons - this is a topic for another discussion), and the Soviet government supplied almost no food there. Money as a unit of valuation lost its meaning there, and in the most difficult times people simply exchanged, for example, gold jewelry for bread.
2. The situation in Ukraine is somewhat different. For example, in the temporarily occupied territories, people can sell gold for stable currency (dollars), for which they can buy everything. Occupants are happy to sell any goods for dollars.
Gold can also be exchanged for the occupation currency (rubles) and also buy a significant part of goods for this pseudo-currency. However, it cannot be used anywhere else. Gold can simply be exchanged for goods and services. For example, to try to leave the occupied territory. But with cryptocurrencies everything is more complicated - due to the absence of the Internet on these territories (as well as other usual services of the developed world), or its total control and isolation, just like in North Korea.
That is why gold/stable currencies are more convenient means for survival in this situation
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if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
How many businesses accept BTC in your city?
Where I live, basically none.
Zero.
I opened a thread about this fact
What Happened To Bitcoin? (https://www.altcoinstalks.com/index.php?topic=320583.0)
BTC as a currency has been a complete failure.
So why should people during a civil war accept a currency they can't use in order to buy goods and services?
During a war you aren't interested in increasing your wealth. When food and shelter can anytime become a problem you are not interested in making money.
When your life is at stake you don't care about investing strategies.
There are many warlike situations going on in the world: clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals (e.g. narcos)...
Wouldn't it make sense for the warlords to accept BTC and other crypto?
No because in those situations you need a currency which everybody accepts.
This applies to warlords too.
That's why the current usage of BTC and cryptos in those situations is basically zero.
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if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
How many businesses accept BTC in your city?
Where I live, basically none.
Zero.
I opened a thread about this fact
What Happened To Bitcoin? (https://www.altcoinstalks.com/index.php?topic=320583.0)
BTC as a currency has been a complete failure.
So why should people during a civil war accept a currency they can't use in order to buy goods and services?
During a war you aren't interested in increasing your wealth. When food and shelter can anytime become a problem you are not interested in making money.
When your life is at stake you don't care about investing strategies.
There are many warlike situations going on in the world: clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals (e.g. narcos)...
Wouldn't it make sense for the warlords to accept BTC and other crypto?
No because in those situations you need a currency which everybody accepts.
This applies to warlords too.
That's why the current usage of BTC and cryptos in those situations is basically zero.
Through p2p yes no doubt about that given that internet is still up. But for businesses tha accepts crypto in general here in my place I can't find them as well. And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
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And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
There are many warlike situations going on in the world, right now, so there is no need of thinking about Hokuto no Ken.
Beside wars between countries there are clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals ...
In your opinion, what's currently the usage of BTC in those situations?
If you find yourself in one of those situations,
you need to protect your family,
you need a gun,
without gun you and your family die,
you have electricity and internet,
you are in your country, not in the USA,
you don't know the person who sells guns,
would you prefer to have bitcoins, gold or US banknotes at hand?
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And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
Does your country explicitly forbid the usage of Bitcoin as a means of payment? What about coins printed with private keys? I think I can see some people use coins to trade for food, although this imaginary situation can only happen if people are familiar with it and the country doesn't explicitly forbid them from doing so. If anything, I believe Bitcoin as a currency will show its strength when there's no war or something similar, as long as people can access the internet.
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i'm not sure what to use if there is something like a civil war is going to happen actually base on the answers here. its easy to say USD if its Europe that s having civil war. they may even try using CYN or Rial if its preferred by the people.
i know this is an imaginary situation base on the film. but i don't see people starts using gold either to trade with food nor weapons. but i would assume there will be lots off looting and house invasion and looking for whatever valuables the family have. i guess even the TV will be good for barter if lets say BTC is not really possible.
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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.
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?
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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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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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most if not all EU countries idolizes USD because afaik its the reserve currency of all.
You are talking about institutions, I'm talking about people.
I don't want you to name your country - I don't do it either - I just want you to talk about what you know, which is where you live.
You don't live in Europe, I do.
In a war situation - civil or not - if I go to my neighbours with US banknotes they kick me away.
If I go and offer them BTC, it's even worse.
If I go and offer them one gold coin, they'll talk to me.
How is it where you live?
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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
1. As the personal practice of traveling around the world (and I have been to all continents except Australia, and visited more than 40 countries in my life), I can say one thing - everywhere I was - dollars were accepted with joy! Even if they were countries that are officially "against world imperialism and American capitalists" :) I can tell you about Cuba for example :)
Today Bitcoin has become a kind of alternative, but not yet widely spread, and APPLICATION (this is the key problem).
2. You are right about potatoes - people whose families are dying of hunger will buy a sack of potatoes for a ring with a big diamond, when the real price is 2 cars of potatoes for this ring.... When it becomes a matter of survival - money and jewelry lose value very much. LIFE is the most precious thing we have.....
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I think anything can happen in a civil war situation. During civil war the government can't function properly in that case you can't fully rely on Fiat currency. To consider other alternative options I believe crypto would be the best one and safer too.
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i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
can you share where did you watch this movie mate? i am also a fan of war movie so for sure I will enjoy this movie, so will be thanking you once you shared me the place where to watch this.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
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And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
There are many warlike situations going on in the world, right now, so there is no need of thinking about Hokuto no Ken.
Beside wars between countries there are clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals ...
In your opinion, what's currently the usage of BTC in those situations?
If you find yourself in one of those situations,
you need to protect your family,
you need a gun,
without gun you and your family die,
you have electricity and internet,
you are in your country, not in the USA,
you don't know the person who sells guns,
would you prefer to have bitcoins, gold or US banknotes at hand?
Well I should also take the seller into consideration if they accept Bitcoin but if not fiat would be another option during transactions. Here in my country, yeah having a licensed gun would be great decision and investment for protection purposes as we are currently facing internal and external threats.
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Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.
Exactly. But let's not forget that during a civil war, we can't have full access to the Internet, and we can lose our phones because of wars.
That encounter can deny us full access to our crypto holdings. However, having our seed phrase written on a steel plate and buried, would still give us access to our crypto assets, after the civil war. Aside from that, someone can lose their crypto holdings during wars because, in war, everything is affected
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And it seems imposible for me to use my Bitcoin for that purpose unless someone is selling weapons for Bitcoins as we are talking about war in here.
There are many warlike situations going on in the world, right now, so there is no need of thinking about Hokuto no Ken.
Beside wars between countries there are clashes between ethnic groups... between religious or political factions... civil unrests... state vs. criminals ...
In your opinion, what's currently the usage of BTC in those situations?
If you find yourself in one of those situations,
you need to protect your family,
you need a gun,
without gun you and your family die,
you have electricity and internet,
you are in your country, not in the USA,
you don't know the person who sells guns,
would you prefer to have bitcoins, gold or US banknotes at hand?
Well I should also take the seller into consideration if they accept Bitcoin but if not fiat would be another option during transactions. Here in my country, yeah having a licensed gun would be great decision and investment for protection purposes as we are currently facing internal and external threats.
what we are dealing is when there is no government already and no banking system in a country involved just like in the movie. in the movie they were lucky that electricity is still working for a place that is powered by hydro, i think this is possible.
and for a country where people give importance to their 2nd amendment, its really more dangerous unlike those countries where only the authorities can have guns. i think this is even going to give courage to certain groups or a city to arm themselves and fight whoever comes in their city. every people in a city will unite to protect their city, the currency in trading is their decision.
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i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
dude if that movie happens we would be pretty fucked.
people would be meat. lots of them
it would be fucking brutal.
I am hoping that at 67 I just age out and leave this shit hole of a planet before we drop that low.
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this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
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if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
Physical cash or physical things may be better for transactions in the time of a civil war because not many people will have the opportunity to keep their devices charged during a civil war for them to be able to confirm transactions made to them with crypto or bitcoins. It will be easier to carry around your assets in Bitcoin and cryptocurrency during a time of civil war than to use Bitcoin or cryptocurrency for transactions.
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this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
Btc would mean if you flee the war/country you could have wealth waiting for you.
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....
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .
I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!
PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....
Btc would mean if you flee the war/country you could have wealth waiting for you.
You've described the most optimistic scenario possible. But there are nuances here too - if you are lucky to save your life, the question remains - to save and export the data to recover the wallet data. If it is a physical medium - with a very high probability it can be a "point of failure". Once again - many people do not visualize war as it actually happens. I know a lot of people who literally ran away in one piece of clothing, because their house was completely destroyed before their eyes, and the territory continued to be shelled with artillery, MLRS, aerial bombs - a 500 kilogram aerial bomb completely destroys a house....
In such a situation, there are no thoughts about saving "physical assets", there is only one goal - just to have time to run away, leaving everything...
PS as a possible option - hardware wallets, which will always be in the purse in your pocket.
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i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.
if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?
It's only a movie the scenario is very different in real life and it depends on the country where the civil war is happening, if the war happens in a country where Bitcoin is popular they will accept it as long as there is internet and electricity and besides its a civil war, not a World War where there is a worldwide disturbances that happening that will impede transactions.