Topic: How are doomsday preppers using BTC in their plans? (Read 4308 times)

The government will start tracking bitcoins long before a doomsday scenario comes into play.
Just look at all the KYC requirements of exchanges.

Yah, you can have my bitcoins, when you take them from my cold, dead, HDD.... maybe I should backup more often

They will confiscate debit accounts, current accounts, gold vaults, silver vaults, other precious metal vaults, private pensions, in some extreme cases even farm land and mansions or other property.

 But they can never confiscate Bitcoins. Thats the beauty of it!

One word 'Confiscation'. In a real doomsday economic collapse you can be sure many governments will turn to their people for wealth, including Gold and Silver confiscation. No one can real prove you own Bitcoin and if you say you lost it all playing Bitcoin casino then that's the truth. Plus you can move wealth over borders which again is essential if your government decide they want your stuff and will put capital controls up to stop you going anywhere with it.

Rapidly this is sounding to me like those old discussions you would see on pre-internet tv (you know where we were still playing around with getting our phones to scream) and the talking heads were laughing saying "that internet thing it will never work"

Also I am reminded that there are people in Finland (who happened to kick ass of Soviet invasion in Winter war btw) who right now today are transmitting bitcoin over television, finally putting television rays to good use.

I don't know, this thread is getting a bit boring.  But keep it up

I don't think trading bitcoin via paper wallets would be a very good idea. It would be impossible to know if there is actually any inputs on the address the paper wallet has the private key to. You would essentially be trading pieces of paper that you must trust that the other person is not scamming you for. Bitcoin is a system when you should not be trusting the person you are trading with

For me Bitcoin is not good for a real doomsday as an universal survival tool. But it could help. A little bit or a little more, depends on how the whole Bitcoin scene and market evolves.

I'm willing to make some assumptions - you know, basic ones. Like: People will figure it out.  Or if they can't for a while they will exchange it on paper until they can.  I assume you have heard of piper wallet, bicycle (powered) generators - which we use where I live for electricity (sometimes) and (non-electrical-powered) juice-ice blended drinks (a lot), and Stalingrad.  Geez.

Happy New Year.

A war in Syria is Justified! Well at least the MSM didn't fail on twisting your soft mind.

Assad compared to the groups he is fighting is the moderate one. Syria has long been a target for the west to cause trouble because Syria has close links with Iran and the west has hoped to drag Iran into a war for years now. Most of the fighting in Syria is done by people from outside the country. The much publicised gas attacks were as we know later done by Muslim groups hoping to blame Assad. If you want to know in a simple way who is on the side of good ask the Christians in any Middle Eastern country. Assad has always protected them until now and have been largely slaughtered.

Is Assad a perfect guy? Nope but just like Saddam Hussein sometimes it's the relatively moderate dictatorship that holds the extreme Muslim groups back and containing them. You only have to look at Assad and see he is a moderate, before this uprising western leaders would regularly meet and have good relations with him. What Assad did was when there was the Middle Eastern uprising in his country he was quite tough and did go in hard. But those he went in hard on are the kind of Muslim groups we are fighting in Iraq etc anyway.

Even if you have places that accept bitcoin today, it does not mean they will accept it tomorrow (or the day after some doomsday scenario happens). Even if government fiat is no longer accepted such merchants are not going to accept bitcoin in the event that the network is not generally operational and the merchant can exchange their bitcoin for other things of value. It would be likely that any kind of doomsday would result in overall communications systems (the internet) to generally be unavailable which means transactions cannot be broadcast and miners will not know which blockchain to mine on

Yes but the btc cant lose any of its value since, nobody can change it back into dollars.

I mean, if the internet goes down, you cant change it back, but when it will come back, it will be the only way to store wealth safely, and it will remain the only currency in the world.

You couldn't the internet would be down in a doomsday situation.

doomsday prepper shouldn't care about this shit.
They normally aren't the air-heads you find around this forum.
They buy real stuff not las vegas dreams like bitcoin.

My own personal perspective has changed on that point... quite a bit... see my signature and chew that one over in your brain.

Doesn't mean one isn't prepared for what happens day to day tho.

Gnite friend

First down the shitter, gotta be first up right?

Well.

I am not a doomsday prepper but I have looked around for who is actually accepting BTC in the field of metal things, seeds, and nonregulated things generally.  To be prepared and to do so without someone looking up your shirt or down your pants does not a doomsday prepper make, I just happen to like what I like without you liking to know what all it happens to be.  There are some folks here and there, you usually have to just look.  Truth be told, BTC may not be the most ideal choice for those kind of purchases, but it may be a much better possibility next year (in 2015) due to the growth of stealth technology and also the coming of, you guessed it, Zerocash, which when released will make many bitcoin users able to sleep a bit easier.

Now the question then, can you get things like seed, food, most tools you would need for ordinary work, some tools you'd need for bench work, reloading and so forth, in other words, things you might need for most daily this and that, with BTC?  Yes but it would take quite a bit of digging to do so.  To do so with OpenBazaar (a decentralized market system based on bitcoin) and similar systems would be a task at the moment because those markets are emerging - in any given moment there may be somewhere between 50 and 70 percent (growing) of the world's economy churning through (mostly) undetectable (though not exactly anonymous at the moment) SystemD.  In this manner when all is said and done, in less than 15 to 20 years' time, truly and well regulated economic systems which also include well-traced units of currency (where said traced regulated units are not disposed of quickly) will likely become less than 5 to 10 percent of the world's economy (variable, but this is a fair estimate, examining developments in the USA, Russian Federation, Belarus, North Korea, and a few other choice places). BTC is not anonymous.  It does not function in an anonymous way, although in 2015 it will be interchangeable with token systems that will indeed be anonymous and for which the consensus will be developed differently.  One example is Zerocash, which will allow purely transparent bitcoin users to exchange with the (anonymous token) Zerocash users, without any conflict between the consensus systems in Zerocash and the consensus systems that also guard against double spend in standard bitcoin.  

Jesus loves you BCX, I'm not sure about everyone else though. lol

if internet fails bitcoin will fail

but that is not going to happen 

Oh man stop crying about water, i`m really fed up with this water scarcity phenomena.

So many green propagandists bitch aboutthis for decades. How the f*ck can there be a water scarcity?

Every major town is built on or near a river, you can get water from there, and with a fkin pot and a few matches you can filter water out in 5 minutes.

2/3 Of the planet is filled with water wtf man, with a cheap filtering system you can convert salty sea water into potable water.

I`m just so tired of this green BS of water scarcity, just look around people, its very easy to make clean water, its everywhere.