Like if 50% of the world’s population dies off in the next 2 years, where should we put cash? Many sectors may get clobbered as the dead’s assets are sold off and flood the market, but others sectors could see high inflation due to supply chain breakdowns. What are the profit opportunities?
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I know many will disagree, but crypto is vapor cash. You pull the plug, it's gone, too. It's not worth the 1's and 0's it's printed on.
Not true. In order to kill crypto you'd have to destroy the entire internet and keep it off forever. As long as a single node survives, crypto will continue on.
In fact, even without the internet, crypto can function over any type of communication network. There may be disruptions but they would be localized and temporary. As soon as connectivity is restored everything comes back.
Crypto is only as good as the ease of accessing it.
Fair enough, but with how much activity is done electronically, do you really think people will be content returning to the stone age? The technology is here and millions of people are already proficient. You can't put the genie back in the bottle. Nothing short of a global catastrophe wiping out all computers worldwide will destroy crypto.
Oh, I agree with you. The genie is definitely out of the bottle. I just think we made a big mistake leaving the stone age. ;-)