Topic: In times of Crisis and uncertanities toilet paper can be new currency (Read 546 times)

There was a time when toilet paper didn't exist and people were able to fulfill their needs with other things. I think the OP is showing us examples of sarcasm and I admit that he/she is quite good at it. :)

In inflationary environments fiat currencies become almost the same as toilet paper. Sometimes it makes more sense to use them as toilet paper instead of carrying them in our pockets. Of course, it's not exactly like that, but instead of carrying fiat currencies in our pockets, it's better to invest our fiat money in toilet paper...

And money will be fixated on things that are considered valuable if toilet paper is a primary need then it is likely to be very valuable for exchange, and the name of money is based on what you believe has value to be exchanged, even a grain of rice will be valuable if you consider it valuable or there are many groups believe that rice seeds are valuable in their view then they can make it a medium of exchange, just like fiat, gold and others, I see on the other hand that most people believe that what is considered valuable by others makes it valuable for themselves.

Especially in times of crisis, where people will do anything to exchange whatever they have for their needs, like that toilet paper. LOL

This could only be a statement on a reflection of what modern currency has become.   Theres no reasonable justification to any basic form of paper really (ironic but a dollar is cotton apparently), where is the limited supply.   We've been using forms of paper since peeling off the barks of trees, a currency relies on some element of limited supply and so value to its unit which usually has to be fungible.   Of course you can keep anything as a kind of value cache for the short term I wont argue against that though cans of food might work better but longer term it takes alot more then that.   Hate to add this also but ultimately we dont absolutely need this product, there are alternatives on both sides both supply and  demand so we're talking nothing more then a meme here no actual standing.

The need for toilet paper varies around the world, and in my country, there is low demand for it because we typically use water for personal hygiene. I believe a more universal system would involve using something related to basic human needs, like food and clean water, as currency. After all, humans cannot survive without these essentials, especially during crises when obtaining them becomes difficult.

I think it's very messy for passengers, what the OP conveyed was very intriguing. Indeed, a crisis is a frightening specter, especially if the currency becomes worthless. But I feel very optimistic about this life that there are indeed dark phases and light phases. So if we think about issues that are developing without filtering them first, then of course they will have a big impact on our thinking, so that sometimes they will have bad effects on ourselves. We have both gone through a bad phase when the Covid 19 pandemic hit and now we can correct what makes us excessively nervous.

Hoarding it in your basement, are we? Even though your method is, to put it mildly, unusual, it's important to go further into the true nature of value and currency. The trust and utility an asset offers are more important than its physical characteristics. Even while it's necessary, toilet paper doesn't really compare to the inherent value of varied assets in a well-balanced portfolio

Governmental decree and social trust support fiat currency, in spite of its volatility and crises. All that matters is acceptability and liquidity. Yes, barter systems do reappear in times of need, but let's not mistake short-term usefulness for long-term stability. Yes, diversify, but focus on assets with a track record of stability, such as gold, commodities, and even virtual currencies. However, keep in mind that each has a certain amount of risk and volatility. The objective? Balance, not a bunch of stuff in the basement

Well I remember it so well when Covid-19 did start. And we were all living in a fear we will not even have some things to survive like we all needed like toilet paper.
And then the people became scared it was going to run out. I was 1 of those people who did buy more then I needed. But this is not something we want to be out of.
It is funny to think that. But I do not think we can have toilet paper as a new currency.

If we were still in 2020 then maybe yes you could gain some profit off of buying toilet paper

During the height of the pandemic, everyone was hoarding toilet paper because it is what is essential at the time hygiene products were being bought by everyone and there were little to none remaining in supermarkets but now that the pandemic has passed is toiler paper still the most valuable item?

I can say that there are far more valuable item you can store and that you can use as a currency such as food and water however you are going to have to think of specific ways in order for you to store those safely

Toilet paper is actually a very valuable utility.  We cannot think of our day without it.  Since the price of everything has increased due to various crises in the world, it is normal to increase its price. However, the price of toilet paper has increased very much, but its price has increased at a very insignificant rate.  We cannot compare it with money.  Look at other daily essentials, their prices are also skyrocketing.

Now am getting a clarity of some sense in what op is say reading your comment @Helena Yu, it's about the variant in the countries and the countrymen but I wonder how many times a day they use toilet roll just for toileting that the demand should make it lead to scarcity or don't you think it's some manipulated artificial scarcity by the marketers to push the price high. Where I come from a lot of people prefer to use water to wash their ass more than they will do with toilet roll so nothing special about it over here.

Honestly, I consider this topic weird. I read through the Op but I do not actually understand what he was writing about. I tried to comprehend but the whole stuff was just strange to me. I considered to report to the mod but on the second thought I decided to read down the 3 pages conversation and to my greatest surprise, some people didn't consider the topic absurd as they were still contributing to the ongoing conversation. It was then, I thought that the post has a deeper connotations and not all about toile paper. But as I read more to quench my curiosity, I observed that OP was actually talking about the real toilet paper that I know.

Actually, as there are different countries in the world, so also is their problems, needs and solutions different. In my country, the people in the rural areas does not have any need for toilet papers as they can wipe their as with any soft leave or old papers. Children grew up wiping their ass on the ground. Now as I am an adult, I do not also use the toilet paper. You cannot find the toilet paper in my room, as I use clean water to clean my as which is more effective and hygienic. So, if there's ever going to be a scarcity of toilet paper, it might not concern me and my country men.

I do not even imagine that such news existed that people were fighting over buying toilet papers. Even during COVID 19, the most important accessory was nose mask and not toilet papers. Maybe it happened differently in different countries.

Well said, paper money declination is on the high side, this is because the value and the usage is losing the of the populace, when you leave money in your account the interest rate is low but when you use the same amount to invest in digital money, the said fund will gain profit as time goes by, as it stands almost everything can purchased online, so instead wasting time on paper money people prefer the online aspect, soon paper money will go into extinction not that fiat will not be in existence, people are beginning to get tired of carrying handy money and digitization has been there order of the day, what come to play is total cashless policy.

In some countries, people can buy many things for the price of toilet paper in other countries. The value of paper money is gradually decreasing, the amount of money that has to be spent to buy toilet paper in the past but this toilet paper did not have to be spent so much money, and if we look into the future, there may be an exception, that is, the price of toilet paper will increase in the future. As now we have to go to the market with pocket full of money, after some time it will be seen that we have to go to the market with bag full of money to market the same amount. In countries where the value of money is low, this type of people carry a bag full of money, and with a bag full of money, they buy a mobile phone. The economic condition of various countries reminds us how slowly the value of paper money is declining. If there is a global economic crisis in the future, there is no doubt that the value of paper money will decrease further.

Well you also have a point bro,

The better thing is just to put both ways we need the money we need survival kit and fled away from the country and also both cash and bitcoin can be bring when there is something bad happen

Great idea and quite working
There are a couple of suggestions:
- I can offer regional warehouses for storing future paper gold!
- I propose to launch a startup and raise funds for the development of a mega product - washable toilet paper!
For now we can only invite forum participants - we all deserve to become billionaires!
PS According to the business plan, washable toilet paper will be sold only for bitcoins!

Op I don't think in any day toilet paper can be used as money. In which country that can happen? Let me tell you instead of toilet paper to exchange food items then it is better to go back to the trade of barter. What will toilet paper will exchange in the international market? Nothing. People can go to the farm and produce crops and others can go the the rivers and bring fish and exchange has started so there is no need to look for or printing of toilet papers to switched money for exchange.

The best exchange so far in the whole world is even barter trading. There is no need of printing and only labour and problem is solved.

It seems quite logical to understand what you are saying, although I don't know if the OP can really understand what you are saying. Because in any region, every human being will definitely want to hear anything from people who want to give them food or money, which in general is always difficult to find in life.

So toilet paper will not mean anything in a crisis situation if it is placed in an area with lots of water because everyone can clean themselves using water and ignore the tissue. So it would not be logical to consider tissue as a new currency if there are still substitutes that can be obtained directly from nature, namely clean water sources.

It is far more useful than storing Fiat in large quantities because Fiat is not productive in the future and loss of value. Storing fiat on a certain scale is not a problem and it's quite important because we need it for daily processes in meeting needs. People's awareness of loss of value in Fiat has happened so long but they do not do something far more useful because of the absence of encouragement to them.

In the past we often see parents store gold and they are the most anti -storing fiat in the bank, today we realize that gold is not devalued and even the selling value continues to grow at any time. Especially for those who are not interested in Bitcoin, gold is an alternative choice that can be utilized.

True because it is barter but this method can make people maintain the value of the currency they have and that is just a small example that I say. Those of us who know Bitcoin will definitely use Fiat to buy it and for those who don't like bitcoin can buy gold. Both of these methods can be an alternative to dispel inflation and when we can use correctly at least we can save ourselves in the midst of these conditions.

Yes, exactly. The only thing that is most valuable when a crisis occurs is food. Because with food we can live even though there is a crisis, if there is toilet paper there may still be other alternatives such as water and so on. However, if you have stomach problems, there is no bargaining about food, this is very important when a crisis is hitting a country or even globally. Let's take a simple example of what is happening in Palestine today, where there is nothing more valuable than food to survive, even if there is a lot of money or a lot of possessions, it is of no use at all if the stomach is hungry.

As you said, whoever controls food can control many people, including if a country has good food sovereignty, even if a global crisis occurs, a country that has food sovereignty will still be able to survive.

What will happen to that region where people don't use toilet paper that much and only use water to wash their butts? I don't agree with OP at all and this is the reason why. In time of crisis, food is the king of all currencies and it is different based on region too. If you can control the food in the time of crisis you can control the people too because people will listen to those who will feed them. Hunger is something that can force people to forget their moral value as well.