Pages:
Author

Topic: In times of Crisis and uncertanities toilet paper can be new currency - page 3. (Read 553 times)

legendary
Activity: 2814
Merit: 1192
if the concern is toilet paper.. then the fear is mild.
id move to washing my butt if retail superstores stopped stocking certain items.

That's what I thought after reading the OP. That's what they do in the Middle East and in Africa they often wipe with large leaves.
My ancestors used to wipe their butts with moss in summer and hay in winter, or they'd wash after. After WW2 when there was not much toilet paper, they used to wipe with newspapers cut into pieces.


since you filled your basement with toilet paper,  you sure can profit a lot by that time.
More likely rats will use it to make nests before he can make a profit Wink
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
It's got to be the worst doomsday crisis, people will prefer to wipe their asses with local currency bills but use toilet paper to buy stuff. I hope to be the first to die, I don't wanna see this happen before my eyes.

since you filled your basement with toilet paper,  you sure can profit a lot by that time. think of it as a reward for investing this early on toilet paper and you're going to live long scratching your itchy ass.
full member
Activity: 980
Merit: 237
There has been many crisis that has seen various means of exchange being used to secure necessities of survival. They used cowries long time ago, salt, and if there was going to be any other crisis in which a new currency or means of exchange for survival necessities is opted for, it wouldn't certainly be toilet paper.

I mean, how many would amount to much for a tin of soup or meat or cloth or even shelter?
 Isn't the big nature of it(the product) not one that can't be hidden from scavengers or thieves along the way during a crisis?

I think one reason for decentralized network and cryptocurrency being functional is that there may be future necessities for survival occasioned by crisis or war and a means to trade beyond the then worthless fiat, would be cryptocurrency.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.


So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

What kind of chip model is your brain made of?  Grin Grin Grin

I think you are having post covid 19 phobia when face mask and nose mask became the hot cake. Nose mask was sold here in Nigeria before the Corona for ₦30 and ₦50 per one before the Covid but when the demand skyrocketed, it shoot up to ₦300 per one and the available ones weren't even that real, they were fake everywhere because the companies where shut down and have to resume specifically to help cool down the country demand but you know people were looking for opportunities to make money then, they were producing fake nose masks for money and sadly, people were buying because no nose mask, you can't see outside your home.

Back to your toilet tissue creativity, maybe in your country the demand is there but toilet paper has alternative which is water, yea you heard me well. Muslims don't use it for dificat, they use water, so even if there is less production of tissue paper people will sort to water and continue there day.


However, nigga why are you so negative with thoughts like this? You can't always be expecting the economies will tank because you think so.
hero member
Activity: 1834
Merit: 720
That's how bad the crisis we're going to face is that toilet paper is worth more than money. When paper money has lost its value, to deal with this situation, stop hoarding your wealth in the form of paper money. And to solve this problem, if you just want to keep your wealth stable and safe, then it's a good idea to store your wealth in the form of gold. However, if the value is to continue to increase, as well as the wealth you have, then you have to save it in the form of investment. But you also have to be careful in sorting and choosing the form of investment you will make. And don't store your wealth in the form of land, especially if you don't have sufficient knowledge in this matter, because buying land is like gambling, the price can suddenly be high and it can suddenly become very expensive. low.

Do this right now, before it's too late. Start saving in the form of gold, even if you can only afford to buy one gram, and start investing even if the amount of money you invest is still small.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Maybe it's just OP assumption and let's look at the current reality as @Helena Yu said in terms of price and needs and culture. If you assume it's valuable, maybe at your place that's true, but at my place the use of tissue is not very significant, only for one thing or another and what we have to prioritize is storing rice reserves and other primary needs and I think that's the main need that needs to be prepared.
hero member
Activity: 560
Merit: 511

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.
I suppose that in some African countries 1 kg of toilet paper is more expensive than 1 kg of local money. So, you're right. Smiley
Like seriously, we are Africans and I don't think that much people down here apart from the rich ones uses toilet paper because we fully believe in using water to wash our butts. It is only when the demand for tissue paper becomes high, that the price will also become high and don't forget that tissue papers are also produced down here in Africa most countries. I do not consider tissue paper as something valuable that I must need and use because there are various alternatives to that down here. Maybe in the UD and in Europe, it is something important. If tissue paper becomes scarce in my country, it still wouldn't be seen as a valuable commodity for trade by barter, but it can be in some other countries.
legendary
Activity: 2688
Merit: 1192
Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.


So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

This became a bit of a meme during the earlier days of Covid, but it never reached the point where people were claiming it was a currency. It was actually more like a supply chain issue, because there was plenty of it stored in large warehouses but getting it out into the supply chain combined with mass panic that stripped the shelves in a short space of time, led to it being harder to replenish. Just like anything else in life, it has a value that can change depending on supply and demand, that is hardly a breakthrough moment in philosophy. The fact that prices didn't change much was also in part driven by the potential consumer and government backlash on anyone that is trying to profiteer on essential goods, so it's not going to disappear entirely.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
"In times of Crisis and uncertanities toilet paper can be new currency" - If human society accepts toilet paper as money and believes that these pieces of paper have value that allows for commodity-money circulation, then toilet paper can become a new currency. Smiley Money is a medium of exchange and it doesn't matter what is used as that medium, be it shells, a piece of yellow metal or binary code on a blockchain.

Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.
Non-stop currency printing is an inevitability of the modern economic model.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.
I suppose that in some African countries 1 kg of toilet paper is more expensive than 1 kg of local money. So, you're right. Smiley

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.
In this case, toilet paper is used as an equivalent to money. In some situations, this role is played by cigarettes, alcohol, etc. It is fundamentally unimportant what kind of product will perform the function of money.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.
Open a toilet paper exchange for trading with leverage. If these quotes collapse, then their unfortunate owner will at least be left with at least something (paper) to console his grief. Smiley
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
Haha stocking up on toilet paper as a currency? That's some creative thinking! It's true that in a pinch, essentials can become surprisingly valuable. Hope you won't need to cash in on that toilet paper investment anytime soon!
sr. member
Activity: 924
Merit: 329
Hire Bitcointalk Camp. Manager @ r7promotions.com
Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.
I think antibiotics will be a better valuable in a time of crisis than toilet paper that you have apportioned value to.  There are many people who want to know you studied paper currently for wiping their boats but use running water and even prefer it to toilet paper. If you have read deep African stories, you will know also that some Africans in the most remote side of the world and I am sure from other continents too, do not even know that there is something called toilet paper existing, they are okay with using their special leave and shaved sticks to clean up after taking a poop.

In serious crisis, some people may not even have the time to wipe their butts with toilet paper.
hero member
Activity: 2002
Merit: 534
Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.

So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.

Not sure if this is such a great idea. While it's true that during the covid pandemic people where going crazy over toilet paper, I don't think it would hold up well as a form of currency. It's made out of paper that will be ruined if it touches water, so we need to be very careful with storing it. On top of that is that toilet paper has a lot of volume and needs so much space to store in large quantities. I would probably prefer to store anything else in my small apartment than toilet paper. The next issue is that toilet paper is not the same all around the world and some countries don't even use it. For so many people it's normal to clean themselves with water alone that if there was a real shortage of toilet paper, people would adapt over time. Maybe I am wrong and the next pandemic is only around the corner and makes toilet paper very valuable. But somehow I would probably prefer to stock up durable food or drinking water instead.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Good luck hoarding that.

But I don't see any sense on it, maybe if you go to the countries that has an hyperinflation that can make a sense since groceries like including the toilet papers are limited in supply.

And you rarely get them when you shop to countries like Venezuela, I have no idea with US and Australia. Maybe if you're from there and some shortage happens, congratulations to your strategy.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
So is it reasonable for me to hoard toilet paper right now? Jk. 😅 Since I am living in the province and water here is not a problem at all even in El Niño, hoarding toilet paper doesn't makes any sense because most people here uses water to clean everything. When supertyphoons and the pandemic hit us hard here in the province, I never heard of people saying they need toilet paper so it's not profitable here in times of crisis. But in rural areas this might work pretty good.
hero member
Activity: 742
Merit: 633
It was exist since few years ago, better to check CMC to buy it.



There was a new Covid sub variant found, but I don't think we will see lockdown like the last 4 years.[/url]

Let's take my country for example, the price of toilet paper will be around 0.3$  which makes it as worthless in value as anything you can think about.
Different country will have different needs.

Maybe toilet paper in your country is worthless due to low demand, but it's different in US and EU.
legendary
Activity: 1596
Merit: 1288
If inflation in your country is this bad, it is better to buy the necessary goods as soon as possible, especially if your country is rural and their value decreases at the time of harvest, as buying and storing these goods will contribute to reducing inflation, in addition to trying to engage in trade. In times of high inflation, it becomes easy to make profits, and the argument is easy. Inflation is high, so trying to enter trade, buy goods, and invest in Bitcoin will greatly reduce the effects.
sr. member
Activity: 1484
Merit: 323
That was just an overreaction of the population because the government and the public was so stupid during that pandemic and so they end up not having any kind of measures that will help them how to do it right during that pandemic. Also, it's a bit stupid to consider toilet paper as not a lot of countries are using that anyway because bidets exist and maybe sometimes, your trusty hands and some water with soap too. Maybe if we're talking apocalypse scenario where the humanity is almost wiped out and a lot of public utilities that we take for granted is gone or not operational then maybe we can see toilet paper to be a valuable one since we're likely going back to barter system.
legendary
Activity: 4424
Merit: 4794
If you toilet paper away then people will go grazy tell them stay home and wear masks they don't mind.
Nowdays toilet  paper have become very needed asset.

Do you remember? When there was toilet paper shorttages on need? People went panic buying.
So it is important.

toilet paper craze of 2020 didnt last long
when people heard "flu" and "pandemic" they imagined runny noses.. as soon as news reported coughing but no runny nose symptoms no one raced to grab toilet paper again.. the toilet paper craze died off. in weeks
but then people started stocking up on food due to stay at home rules. stocking up months of food
food storage craze lasted longer then toilet paper craze
legendary
Activity: 1932
Merit: 2354
The Alliance Of Bitcointalk Translators - ENG>SPA
This topic is surreal Cheesy Cheesy Cheesy

During the lockdown, it is true that in many countries stores ran out of stock due to the massive "hype" of the toilet paper. But as franky1 said, it wouldn't be the same in a real crisis: all these bourgeois habits decay when survival is in real jeopardy.

The good side is that you're going to go a long time without having to buy more ass paper. Just make sure that the environmental humidity doesn't ruin it all.
 
full member
Activity: 490
Merit: 225
Yes it's very valuble it's limited source but it can be working as currency and while world is full of crisis and more need to be printed some currencies Will value like wc paper.

It's funny but let's look the good currency have value and people need this and If fiat currency becomes devalued or low value then it has Even less value than real soft toilet paper.

Imagine in your village something happens then Im sure you can use to exchange toilet paper to food becouse toilet paper have Same value as oil food or some other commodities and in times of Crisis toilet paper value it's even higher.


So i bought a lot that in my basement lol ...i can borrow this with % and set up the local exchange rate in case for Crisis Im not expecting to see Crisis but Im just telling that's good valueble Asset.
are you trying to crack us up or what? What's the relationship in value between toilet paper and any fiat currency? Who even thinks about toilet papers in times of crisis and of what use can it serve?

I know for the most county, the value of their money has gone down to a very large extent but comparing it to a fiat currency is damn unreasonable.

Let's take my country for example, the price of toilet paper will be around 0.3$  which makes it as worthless in value as anything you can think about. What happens to comparing the fiat currencies to precious items like gold, jewelry or expensive gadgets, people can take those in exchange of food during crisis but talking about tablet paper is a no no for me.
Pages:
Jump to: