Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: webheart

Imagine you live in New Orleans right now.

Bitcoin does you no good.

Credit cards don’t work (regardless of currency).

Gold is of no use.

What you want are durable supplies you can eat, wear, give you shelter, help you repair stuff, first and foremost.

Spending cash in locally accepted currency comes in second place.


19 posted on 08/30/2021 10:37:03 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
[ Post Reply | Private Reply | To 15 | View Replies ]


To: cgbg

In short term survival of the moment, yes of course. But beans and rice, ammo and a generator are a bridge to help you make it back to real life. When there is a collapse of some sort, bitcoin, gold, etc will allow you to buy into the new currency, and reestablish your life.

A person would be a fool to only have bitcoin or gold and think they are prepped. A person would be a fool to think their durable supplies make them prepped either. Bitcoin and gold is not for use DURING the crisis. It is for after the depression, war, or whatever.
To rebuild your life.


33 posted on 08/30/2021 11:16:54 AM PDT by DesertRhino (A coup government may not claim the protection of the same constitution it overthrew. )
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson