I am even more negative:


Astute observers have been predicting the collapse of the system (including the global financial system) for about the past half-century.  Not “if”, but “when”.

If the current-events trend does not change soon (NOT the damn virus, but people’s reaction to it), well... you may wish that you had traded all of your government-issued toilet paper for literal toilet paper.  (Actually—for food, gold, tools, and weapons.)  Is this a good time to HODL fiat?


Accumulating more Bitcoin right now is a hedge on the potential that S will not totally HTF.  In that case, you may well wish for assets in a form free from direct government control which (if you know what you are doing) is very easy to conceal, transport, and convey.  It is not alarmist to observe that things are already pretty bad in many places.

In case of total SHTF, neither government-issued currency nor the Internet will exist.  In that case, you would need the other side of that hedge:  You need to have spent at least the past few years quietly making the sorts of preparations that most people laugh at.  If you already did that, then you don’t need for me to tell you that now is not a good time to be competing with desperate people for more of things that you already wisely prepared.  Whereas if you didn’t, then starting that now is too late!  Don’t be another desperate headless chicken.  Just buy more Bitcoin, hope for the best... and if you die, at least you will die HODLing.

How is that for negativity?  :-)