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Topic: In times of Crisis and uncertanities toilet paper can be new currency (Read 499 times)

legendary
Activity: 2184
Merit: 1131
...
toilet paper is not top of the list. its more of a convenience/luxury, not a life survival necessity
ud be better off stocking up on tinned veg and tinned meat
...

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...
hero member
Activity: 2016
Merit: 555
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.

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.

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
STT
legendary
Activity: 3878
Merit: 1411
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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.
sr. member
Activity: 672
Merit: 251
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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.

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.
full member
Activity: 1017
Merit: 107
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.
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.
legendary
Activity: 1904
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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
legendary
Activity: 3122
Merit: 1032
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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.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
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
sr. member
Activity: 1106
Merit: 421
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.
full member
Activity: 504
Merit: 198
My privacy, my right.
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.
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.
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
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.
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 remember seeing on the news footage of people in supermarkets, racing to buy toilet paper & fighting over it during Corona Virus. I find it ridiculous myself, if we ever find ourselves in an actual deadly pandemic that kills more people than survive it, the last thing I will care about is toilet paper. I will wipe my ass on anything I can find before I start fighting over toilet paper.
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.
full member
Activity: 392
Merit: 185
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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 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.
sr. member
Activity: 1190
Merit: 296
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.
copper member
Activity: 1988
Merit: 905
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If someone believes that the country in which they are living is about to go through a period of turbulence, the correct choice is not really to stock items to survive that period but to leave immediately, and in that case it is better to keep our wealth in a form that we can easily move through the borders of a country.

And bitcoin is a great way to do this, as you can move your coins with you with a single piece of paper or in any media that can store that information digitally.

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
legendary
Activity: 3752
Merit: 1864
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.

Great idea and quite working Smiley
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! Smiley
hero member
Activity: 700
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Eloncoin.org - Mars, here we come!
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.
sr. member
Activity: 903
Merit: 391
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.

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.
hero member
Activity: 1526
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That's why crypto users don't recommend you store large amounts of fiat. Fiat will lose its value due to inflation, we all know that although there are still many people in this world who do it consciously.

If someone is not interested in crypto, including bitcoin as one of them, then they can choose gold or land as a place to store value. These two assets will not lose value in the long term and it is very rare for land to become cheaper after purchase unless it is not strategically located. You have to choose a store of value asset because inflation has clearly made the value of an item more expensive over time.
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.

This is bartering, but I think this method is ancient. People don't like it anymore and they tend to look for more realistic and practical solutions without the need to prepare warehouses to stock dozens of boxes of such low-value items. So far I prefer holding crypto (bitcoin or some altcoin) as a store of value asset other than gold. I think both options can provide resistance to inflation.
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.
sr. member
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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.
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.
full member
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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.
full member
Activity: 406
Merit: 109
if the concern is toilet paper.. then the fear is mild.
id move to washing my butt if retail superstores stopped stocking certain items.

in real times of crises food is more essential. meat and potatos become king currencies
in times of national security crisis. weapons, shelter become crucial..

toilet paper is not top of the list. its more of a convenience/luxury, not a life survival necessity
ud be better off stocking up on tinned veg and tinned meat

in last couple years alone tinned soup in the UK went from 40p (50c) to £1.30 ($1.50)
so thats a 3x mark up
toilet paper didnt really get hit hard by inflation.
(£0.38p a roll to £0.42p a role over same time scale (0.1x))


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.
Idk in your country but that doesn't apply to evey country. In my country or probably most Asian country, we don't really experience toilet paper shortage during pandemic. Why use toilet paper when you can wash with water and soap, which is more clean especially during the surge of the virus. Toilet paper as a "needed asset"? It can be essential for your hygiene but there are better alternatives so I don't see toilet paper as one. What I've seen people rushing to buy aside from foods, are alcohol, mask, and other cleaning products for their homes.

Also, the fear with covid have already decreased after some years, so do you think people will still hoard and panic buy? Or you'll just gotta wait for another pandemic?
legendary
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I remember seeing on the news footage of people in supermarkets, racing to buy toilet paper & fighting over it during Corona Virus. I find it ridiculous myself, if we ever find ourselves in an actual deadly pandemic that kills more people than survive it, the last thing I will care about is toilet paper. I will wipe my ass on anything I can find before I start fighting over toilet paper.
legendary
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The currency begins to lose its value over time, and in some economies the collapse is hasty, but without knowing the cause of inflation, most likely, your measures to protect your money from a decline in its value may not give ideal solutions. One of the simple solutions is to buy Bitcoin or the dollar, while there are methods that differ depending on your country and the causes of inflation. In which.
In general, investing in goods and services that are easy to sell, and then quickly converting local money into dollars and purchasing products with it, is the common denominator for economic solutions.
legendary
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I think this topic is kind of silly, because it is an obvious extrapolation on what we saw during the worst days of the pandemic and the way people were going but about stockpiling toilet paper. In reality, the theory of toilet paper surging as the ultimate currency in times of economical desperation does not hold because those things we saw during the pandemic only happened because people could continue to have their lifestyle in their houses while in lockdown. People had food, water, entertainment, so they started to freak out for the silliest thing possible, and that was toilet paper.
In the real life, if a crisis or very big proportions were to hit the world, toilet paper would be one of the last concerns, people can always wash their privates in a river or something.

It would be a luxurious thing to have, but surviving is not about luxuries, it is about the bare minimum: food, shelter, medicine, self-defense, water and a little bit of entertainment so one won't lose one's mind.
sr. member
Activity: 1524
Merit: 270
~snip
Of course what you say is interesting and can be discussed. However, the parable you convey may not be accurate. Here there are two things that are valuable, but do not have the principle of equality. We have heard about the history of Zimbabwe where the currency went to zero, and they brought it in carts to exchange for small objects or daily food. But they do not make examples of dirty things. Currency is a symbol of honor. Where a country will be considered strong, when the value of their currency is strong. Tailet wipes are only valuable to those who use them to clean dirt, but there are many people who clean dirt with water, and water is much better for cleaning dirt than anything else.

If a crisis occurs, what is most valuable in this world? Certainly not toilet paper.
If a crisis occurs, the most valuable thing is land. If someone has a piece of land they can grow crops, and this can make people survive any conditions. Currency may be worthless when the world is in crisis, but wheat, rice, corn and other staple foods remain highly valuable. It's just that the concept of trade goes back to the past, where someone exchanged goods for goods, not exchanging goods for money or any paper.
legendary
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There'd be a huge concern if people are desperately looking for food and clothing rather than toilet paper.

You can always make do with bidets or water if you can, but you can never cheap out on food or fall short with it as you will be depriving yourself with nutrients and other essentials which are important for you to function. Hygiene is impprtant, but then again there are still other alternatives to keep you clean, and not just toilet papers.
legendary
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Well, it is called trading and not really a currency; is it systemic? Does it have taxes? Are transactions of toilet papers traded being monitored? What about the total supply? These are just some of the characteristics which characterize a currency and it happened that toilet has none of it. It would be an arbitrage or agreement between two or more parties; everything's fine as long as everyone agrees but we cannot frce others to also do so or create your own system about its "assumed value". There was a time on the recent years wherein the shortage of toilet paper was broadcasted. But why did it end? 'coz demand simply depreciated along with other things which were being hold for a long period of time. Depends also with crisis; is it related to famine?
Is this being influenced by what happened during Covid lock down? Where everyone was rushing to the supermarket to grab as many toilet paper as they can? Well, I don't think that'll last If the crisis or disaster is greater and longer than Covid. Food and water are far more essential than toilet paper. Well, I get it, again it's because of what happened of the Covid lockdown. Toilet paper, isopropyl alcohol, face masks, and other disinfectant stuff price were skyrocketing due to huge demand, but no I don't think any of those can be a new currency in times of crisis. Again, food and water are far more essential. I'm used to getting my ass washed with water though. 
Environment and culture depends on the country or location in general. And in mu country it was never felt simply because we have different way than with the elite ones so for sure there will be exclusion and inclusion factors you might not want to.
hero member
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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.

Am not sure what to make of your post but one thing am very sure of is - it lack sense.
How the hell tissue paper is going to be of any value interms of crisis?
What exactly will anyone do with tissue paper bedside whipping their behind?

Remember you need food before using tissue, if there is no food to eat what exactly will you bring out?  Grin
Plus when there is fire or rain, your genius tissue paper idea will go down the drain or flame Cheesy
Go and look for other valuables to store because your idea lack senses and will not yield any positive outcome if there happens to be any crisis.
legendary
Activity: 2618
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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.
Because of the devalued nature of fiat its value will continue to fall over time and not to mention when inflation or recession occurs which will make it even worse. Fiat currencies are increasingly losing balance and it is becoming increasingly difficult for us to store them because their value continues to decrease.

That's why crypto users don't recommend you store large amounts of fiat. Fiat will lose its value due to inflation, we all know that although there are still many people in this world who do it consciously.

If someone is not interested in crypto, including bitcoin as one of them, then they can choose gold or land as a place to store value. These two assets will not lose value in the long term and it is very rare for land to become cheaper after purchase unless it is not strategically located. You have to choose a store of value asset because inflation has clearly made the value of an item more expensive over time.

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.
Goods may retain their resale value much better although price reductions can also be caused by competition, but commodity goods will be much more reliable in retaining their value and perhaps in the next ten years they can be exchanged for food and still have value. For example, currently we save the same amount of fiat currency to buy tissue, so in the future fiat money will no longer be valuable in that amount while the price of tissue could soar due to the price increase process.

That is the real difference that we encounter in everyday life because storing fiat currency is completely unproductive and we can see the impact in the long term of not being able to maintain value. That's the nature of currency and it will continue to run like this forever, so we have to be able to think rationally to keep the currency we have more productive.

This is bartering, but I think this method is ancient. People don't like it anymore and they tend to look for more realistic and practical solutions without the need to prepare warehouses to stock dozens of boxes of such low-value items. So far I prefer holding crypto (bitcoin or some altcoin) as a store of value asset other than gold. I think both options can provide resistance to inflation.
hero member
Activity: 1526
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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.
Because of the devalued nature of fiat its value will continue to fall over time and not to mention when inflation or recession occurs which will make it even worse. Fiat currencies are increasingly losing balance and it is becoming increasingly difficult for us to store them because their value continues to decrease.

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.
Goods may retain their resale value much better although price reductions can also be caused by competition, but commodity goods will be much more reliable in retaining their value and perhaps in the next ten years they can be exchanged for food and still have value. For example, currently we save the same amount of fiat currency to buy tissue, so in the future fiat money will no longer be valuable in that amount while the price of tissue could soar due to the price increase process.

That is the real difference that we encounter in everyday life because storing fiat currency is completely unproductive and we can see the impact in the long term of not being able to maintain value. That's the nature of currency and it will continue to run like this forever, so we have to be able to think rationally to keep the currency we have more productive.
hero member
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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.

Bor if you have money and can stock a lot of stuff I would consider you buy more essential things like food, canned food MRE from the military or drugs and pure alcohol. So in case there is chaos or world war those has a potential as new currency

Believe me here is southeast asia people are not using toilet paper and we use water maybe there is one or two country or people that using toilet paper but we are totally fine without it
If someone believes that the country in which they are living is about to go through a period of turbulence, the correct choice is not really to stock items to survive that period but to leave immediately, and in that case it is better to keep our wealth in a form that we can easily move through the borders of a country.

And bitcoin is a great way to do this, as you can move your coins with you with a single piece of paper or in any media that can store that information digitally.
copper member
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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.

Bor if you have money and can stock a lot of stuff I would consider you buy more essential things like food, canned food MRE from the military or drugs and pure alcohol. So in case there is chaos or world war those has a potential as new currency

Believe me here is southeast asia people are not using toilet paper and we use water maybe there is one or two country or people that using toilet paper but we are totally fine without it
full member
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I don't see any connection between toilet paper and war. In a place where there is war and scarcity of money or there is no access to physical cash, I sudjest that they can adopt trade by bater. Where the individual will exchange what they have in other to survive. To every problem there is always a solution. I think during times of war many things has happened and many people survive without money. After war people become more close and friendly like never before, because that is the only way they can scale through the trauma and scarcity of food. One characteristics of living thing is adaptation, we as humans can adapt to any environment we find ourselves regardless of tribe, ethnicity, religion, rich or poor. So using a toilet paper has never been recorded anywhere in the history of man, that It can be used as currency.
legendary
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Not to joke around or anything, but I do believe that when the fiat world, or economy becomes destabilized, "items" could be used for barter, it is not really a lie. During the pandemic it was sort of tried, like people wanted to get as much as toilet papers and sanitizers and so forth, to make sure that they are stacked, and some even wanted to buy so they can resell at higher value later on.

However, that did not work, because factories were still churning out items and had plenty more at storages as well, so it never really ran out, it did ran out of stores, but it never ran out from the market, when you bought the whole lot from one store, the next day they restocked it. So the idea has been tested even recently.
hero member
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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.

That toilet paper limited stocks is just temporary due to covid issues before people keep hoarding a lot of items not even the toilet, and if that toilet becomes one of the necessities of the people i guess that kind of mindset that the toilet can now use as form of money to exchange into other things, but if the economy of that particular country still has a good run with their government that's too far from reality from now, still there's some inflation of the price but still the money matters with the expenses and not a toilet paper.
sr. member
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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.
I know in many places people don't use toilet paper.



But it must also be expressed that it is useful but not too important in times of crisis and instability. What do people need? Food, energy, fuel, pharmaceuticals,... go back to the issue of survival to see what the needs of life are to prioritize the needs.

Yep, there will be some cases like the way the OP mentioned toilet paper, but in general you are dealing with material issues (money) and not issues during times of crisis and instability. The demand is enough, not speculation about becoming a toilet paper warehouse, just leave that job to the factory.
legendary
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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.

Good luck with your investment on toilet paper, but toilet paper isn't scarce. One tree can cover year of toilet paper for 6 people, and you can make more by recycling paper. Just because it run out from some shelves from shops momentarily, doesn't mean it would be running out. Why would shops even use too much space for something like it, it takes ton of space to keep dry and they can just get it more if it runs out.

You can make more of it by recylcling paper, so stating it's somehow in danger to run out is just weird.
sr. member
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Actually the purpose of this topic is very simple, but you make it seem like a puzzle that is very difficult to solve. When inflation occurs, you must be prepared to face it by seeking profits from the shortage. Collect all the items that are staples in your village, including toilet paper if needed, you can exchange them which can provide benefits from the inflation that is currently hitting your area. Simply put, you can buy Bitcoin to avoid the impact of inflation, or you can become a distributor of basic necessities for people in your area by receiving Bitcoin payments if they are familiar enough with Bitcoin.
hero member
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well without toiler paper you can just wipe your butt with literal paper, i don't think toilet paper can be the new currency despite the fact that in previous pandemic crisis there are so many people hoarding toilet paper but lets be honest here, people are hoarding this because its the cheapest basic thing that every people need so people hoarding it to feel relieved while they are absolutely doing nothing here, at time of crisis, you can just survive like you're supposed to survive in the wild, just use whatever means to keep your self clean and thats it, not to mention that toilet paper getting produced everyday by large quantity.
literally if there's woods then there's toiler paper you just need to wait for some factory to manufacture it and then the toilet paper crisis solved because people that hoard aren't gonna use that many toiler paper at once.
they hoarding it for long term and the production of this thing is easy.
hero member
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Is this being influenced by what happened during Covid lock down? Where everyone was rushing to the supermarket to grab as many toilet paper as they can? Well, I don't think that'll last If the crisis or disaster is greater and longer than Covid. Food and water are far more essential than toilet paper. Well, I get it, again it's because of what happened of the Covid lockdown. Toilet paper, isopropyl alcohol, face masks, and other disinfectant stuff price were skyrocketing due to huge demand, but no I don't think any of those can be a new currency in times of crisis. Again, food and water are far more essential. I'm used to getting my ass washed with water though. 
legendary
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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
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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
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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
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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
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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
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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.
sr. member
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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
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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
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"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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
member
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if the concern is toilet paper.. then the fear is mild.
id move to washing my butt if retail superstores stopped stocking certain items.

in real times of crises food is more essential. meat and potatos become king currencies
in times of national security crisis. weapons, shelter become crucial..

toilet paper is not top of the list. its more of a convenience/luxury, not a life survival necessity
ud be better off stocking up on tinned veg and tinned meat

in last couple years alone tinned soup in the UK went from 40p (50c) to £1.30 ($1.50)
so thats a 3x mark up
toilet paper didnt really get hit hard by inflation.
(£0.38p a roll to £0.42p a role over same time scale (0.1x))


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.
legendary
Activity: 4214
Merit: 4458
if the concern is toilet paper.. then the fear is mild.
id move to washing my butt if retail superstores stopped stocking certain items.

in real times of crises food is more essential. meat and potatos become king currencies
in times of national security crisis. weapons, shelter become crucial..

toilet paper is not top of the list. its more of a convenience/luxury, not a life survival necessity
ud be better off stocking up on tinned veg and tinned meat

in last couple years alone tinned soup in the UK went from 40p (50c) to £1.30 ($1.50)
so thats a 3x mark up
toilet paper didnt really get hit hard by inflation.
(£0.38p a roll to £0.42p a role over same time scale (0.1x))
member
Activity: 336
Merit: 10
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.
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