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Economics , Sociology & Politics / Re: Will Cryptocurrencies be accepted in a Civil War Scenario?
« on: May 17, 2024, 10:56:12 PM »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.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?
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.