What I was thinking in asking the question, though, is that bitcoin relies on having electricity. If the electric grid is down how will you access/use bitcoin? I think it is okay as part of your portfolio but for maximum resilience when things go south, tangible assets will be king. I understand Bic lighters were worth their weight in gold in some war torn places.
I'm not concerned one bit about "What ifs" revolving around power grid collapse scenarios. It's pointless. It's not much different than "What if a nuke goes off?"
Bitcoin bypasses this digitally. Gold and silver locally.
What happens when the electric grid is out?
Bartering.
Then the DS gets their desires and billions will die.
Yes that is true. Billions will die.
What I was thinking in asking the question, though, is that bitcoin relies on having electricity. If the electric grid is down how will you access/use bitcoin? I think it is okay as part of your portfolio but for maximum resilience when things go south, tangible assets will be king. I understand Bic lighters were worth their weight in gold in some war torn places.
I'm not concerned one bit about "What ifs" revolving around power grid collapse scenarios. It's pointless. It's not much different than "What if a nuke goes off?"