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your basically gambling that youll be able to pull your dollars out before they confiscate them or inflate them to zero...
your basically gambling that youll be able to pull your dollars out before they confiscate them or inflate them to zero...
If the USD becomes worthless, stuff like law/order will be history. You need those things for money of any kind to work better than a pawnshop .25 or a meat cleaver. On top of being money, BTC also needs at least a web-enabled mobile device to work.
Grid power/interwebs/cell service will also be sporadic at best. Those you also need before BTC can work. BTC: Not apocalypse-friendly.
OTH, if BTC becomes worthless right now? I'd have to explain to most folks what BTC *is* before asking them if they cared
As far as me gambling on "pulling my dollars out"? Working out well thus far. Total losses over my lifetime? Zero
...(think Cyprus) - we will see an effect on typical safe havens.
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Memories...
*TL;DR: The government needs you for your wool and, occasionally, lamb chops. This does not mean you're better off without it. As soon as you stray from the herd,
...When they you stray from the herd, as you seem to be suggesting you've done, they you do not somehow become un-sheep.
They You simply get eaten by wolves, or run over by drunk kids in pickups.
Sheep that resent being sheep are ill-adjusted sheep with high mortality rates. Contrary to their belief, they aren't lions--they're simply unwell
Sheep that resent being sheep are ill-adjusted sheep with high mortality rates. Contrary to their belief, they aren't lions--they're simply unwell