Right, but your point hinges on it being a doomsday scenario in which case we would have much bigger concerns anyway. Chances are most people would be dead almost immediately.
Too many people seem to think the world is either going to be the way it is now or WW3/I am Legend/ Mad Max, etc. with no thought of it being somewhere in between. Dismissing crypto out of hand because "what about WW3" is kind of a silly fallback argument because you can use the same logic to argue against precious metals and the like too.
People have been saying that since like 2009. If you would have bought $1000 worth of Bitcoin 5 years ago you would have well over 100k by now. How is that not sensible?
Spoken like someone who doesn't understand crypto beyond what they hear in MSM. Sorry, the energy argument is just dumb propaganda pushed by elites to shut down crypto and only matters in regards to BTC anyway. Other crypto assets have solved this problem via switching over to a Proof of Stake model and Bitcoin might go that way too.
Right, but your point hinges on it being a doomsday scenario in which case we would have much bigger concerns anyway. Chances are most people would be dead almost immediately.
Too many people seem to think the world is either going to be the way it is now or WW3/I am Legend/ Mad Max, etc. with no thought of it being somewhere in between. Dismissing crypto out of hand because "what about WW3" is kind of a silly fallback argument because you can use the same logic to argue against precious metals and the like too.
People have been saying that since like 2009. If you would have bought $1000 worth of Bitcoin 5 years ago you would have well over 100k by now. How is that not sensible?
Tomorrow it could be zero. There is nothing behind it and it's using an unconscionable amount of power to make.
Spoken like someone who doesn't understand crypto beyond what they hear in MSM. Sorry, the energy argument is just dumb propaganda pushed by elites to shut down crypto and only matters in regards to BTC anyway. Other crypto assets have solved this problem via switching over to a Proof of Stake model and Bitcoin might go that way too.
I think the lesson to all here is diversify.
Yeah, if you don't own at least some crypto along with precious metals you're doing it wrong imo.
I would say crypto + stocks + metals + one other tangible good to be extra safe