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Topic: cash remains the only option if there's an emergency - page 10. (Read 7910 times)

legendary
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legendary
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Merit: 1000
I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago.

http://www.bbc.com/news/world-europe-34443189

My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions.

The only thing which kept on working was the fiber optic network, I guess because that's the newest.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.

For this reason and for this vantage that cash has needed the physical form of bitcoin. If can be realized this there will be not any other thing that bitcoin cannot make. It will be superior in every way from every kind of payment and tool which realize this kind of action.
legendary
Activity: 2590
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Welt Am Draht
My tight buns are all the currency I need when the world ends.

Everything other than that needed to defend or sustain life is an abstract irrelevance in a full on collapse. All those gold stackers will get just as much of rude awakening as the space cadets trying to trade their paper wallet for some antibiotics after their cock's gone green.
legendary
Activity: 1148
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In Satoshi I Trust



good old cash.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
If there is a real emergency or some sort of epidemic then even cash is useless. I'd be moving with my Glock, that'd be the only way to survive Smiley

Exactly this! From time to time, nature reminds us who is the real boss and that in these situations, all of our technological innovation and things that facilitate our lives are pretty much useless. Even the cash of yours that you are mentioning.

In the situations like those, we don't need anything except a humble reminder that we are lucky to live another day on this planet. So no biggie if credit cards and Bitcoin were useless! Smiley
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.
You're just using one specific example to demonstrate a broad topic, catastrophes happen. And lastly, your cash may flow and be useless but your bitcoins are always safe in the blockchain(if you remember the private key to recover them that is)

Yes, they are but if you ned to buy food right now they are useless.

However, I hope that in the near future two-way satellite internet will be affordable to anyone and then Bitcoins might be helpful in the situation mentioned above.
legendary
Activity: 1848
Merit: 1000
I agree somewhat, depending on the scale of the disaster.  If it is something that renders society as we know it over as in no electricity, food then even cash would be useless, I'm talking end of the world scenarios.

In smaller cases cash is the easiest and quickest route to help if you have the physical cash with you and it wasn't destroyed along with all your belongings and ID.  Bitcoin however even in these circumstances will always be there secure in your wallet.

hero member
Activity: 658
Merit: 500
Yes, that's true. For example, if there are not any electricity in the area, you can not withdraw any cash, because bank ATM will not work  Cheesy
legendary
Activity: 3206
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with the future google satellite internet connection, i'm sure there will no be excuse about not having internet

this is not even an issue, unless he was desperately to buy foods or something medical, i'm sure for any other thing you can wait two days
hero member
Activity: 924
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4 Mana 7/7

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.
You're just using one specific example to demonstrate a broad topic, catastrophes happen. And lastly, your cash may flow and be useless but your bitcoins are always safe in the blockchain(if you remember the private key to recover them that is)
legendary
Activity: 4270
Merit: 4534
I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago.

http://www.bbc.com/news/world-europe-34443189

My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions.

The only thing which kept on working was the fiber optic network, I guess because that's the newest.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.

"cash" that needs to be taken out an ATM. which is a problem if card readers in shops and banks are not working..

in case of disaster, favours, gold, valuables or sexual favours is the safe option. dont rely on cash as one day even france may drop the euro overnight.
legendary
Activity: 1610
Merit: 1183
I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago.

http://www.bbc.com/news/world-europe-34443189

My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions.

The only thing which kept on working was the fiber optic network, I guess because that's the newest.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.

Well, I wonder how situations like this would be deal with in the future once the governments finally get rid of physical cash and only issue "electronic" closed source money, so to speak. What will happen then? I wish there was a way to have "physical bitcoins" as an emergency temporal fix like that but it seems pointless.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
If there is a real emergency or some sort of epidemic then even cash is useless. I'd be moving with my Glock, that'd be the only way to survive Smiley
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago.

http://www.bbc.com/news/world-europe-34443189

My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions.

The only thing which kept on working was the fiber optic network, I guess because that's the newest.

The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option.
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