Topic: The time is WWIII, what are our Bitcoin Doomsday Preppers doing? (Read 606 times)
September 07, 2017, 11:10:42 AM
Well i am seeing this a way back year before as many historian says history repeat it self. If WWIII will come fiat currency will change its either decrease or totally gone in different country, but bitcoin will remain [as in my opinion]. But i take to consider how this war will be, it could be a traditional warfare with a lot of combat action and nukes or they will include cyber war as our technology are really fast, upgraded and evolving. By this time i can store my bitcoin on a hard wallet where a can easily travel it to somewhere neutral country which the value of it cannot touch of the government unlike fiat money.
September 07, 2017, 11:01:47 AM
I have stored copies of my laminated paper wallets in 4 different locations. Some would say that might be a little over the top,
but in a war scenario most buildings are bombed and I guess in the next war we might see whole cities being destroyed. My
friend also have a underground bunker, so I stored some in there too. { He thinks it is some personal documents, but I hid
the private key within the documents. }
but in a war scenario most buildings are bombed and I guess in the next war we might see whole cities being destroyed. My
friend also have a underground bunker, so I stored some in there too. { He thinks it is some personal documents, but I hid
the private key within the documents. }
September 07, 2017, 10:46:45 AM
Gold usually goes up in a crisis.
Bitcoin is mainly a store of value and competes against gold. So it will likely go up in a crisis.
Bitcoin is mainly a store of value and competes against gold. So it will likely go up in a crisis.
September 07, 2017, 10:20:59 AM
In my own opinion, there would be a coming global crisis involving big nations almost similar to what the world experienced in World War 1 and 2 but this time it can be so different because we have already got the most advanced military warfare and of course the nuclear power which many nations already possessed...this is the big game-changer and once this can be unleashed then we can be at the bridge of no return for humanity.
In case a global crisis scenario that am painting can happen, it would not really matter if you have Bitcoin because we are not sure if it can still be used or if that Blockstream can still be functioning. I would better be going to the hills and discreetly start farming and produce the foods my family might need while the war is still ongoing.
Yes, Bitcoin can be worth a million dollar if there can be a big war but I am so sure if there would be merchants who might accept it or if there can be an exchange still functioning at that time. Well, these are just speculations and we are hoping these things will never happen as in war nobody wins all are losers.
In case a global crisis scenario that am painting can happen, it would not really matter if you have Bitcoin because we are not sure if it can still be used or if that Blockstream can still be functioning. I would better be going to the hills and discreetly start farming and produce the foods my family might need while the war is still ongoing.
Yes, Bitcoin can be worth a million dollar if there can be a big war but I am so sure if there would be merchants who might accept it or if there can be an exchange still functioning at that time. Well, these are just speculations and we are hoping these things will never happen as in war nobody wins all are losers.
September 07, 2017, 10:02:19 AM
When you are thinking about preparing for some future disaster, you have to evaluate expected value (EV) of your preparation. The value of some disaster can be represented as its probability multiplied by it's damage. This will give you the optimal amount of resources you can allocate to counter this disaster. In case of WWIII the damage will be huge, but the probability of it happening is small, so if you will spent to much preparing for it (like building a bunker) you will probably just waste your money. Same with Bitcoin - if there is no cheap solution to making Bitcoin resistant to WWIII, then we shouldn't bother doing it, especially if it would mean sacrificing some of our decentralization or security or capacity.
September 07, 2017, 09:30:44 AM
Hope this will not happen although the situation in the world looks realy bad. And I'm not sure how Bitcoin could help in the case of WWIII because I'm convinced in this case the world will be completely ruined and there will be no electricity, water or Internet so how could one access to Bitcoin. The WWIII would probably mean the end of human race and turn the world back in the stone age.
I'm pretty sure turning back to the 'stone age' requires the human race to still be around...
September 07, 2017, 09:29:51 AM
We live in some dangerous times? Where do you get that information? We don't, we basically live in the most peaceful time in human history, the media just enables us to see everything going on (including made up stuff).
The last thing i'm worried about is countries pointing nukes at each other, for exactly that reason. They both know they both lose if a war starts. Although I have some doubt as to whether Trump has the intellect to internalize the consequences of a nuclear war...
If a global nuclear war happens your last concern will be Bitcoin and the only safe place is likely to be underground.
The last thing i'm worried about is countries pointing nukes at each other, for exactly that reason. They both know they both lose if a war starts. Although I have some doubt as to whether Trump has the intellect to internalize the consequences of a nuclear war...
If a global nuclear war happens your last concern will be Bitcoin and the only safe place is likely to be underground.
September 07, 2017, 09:12:54 AM
Hope this will not happen although the situation in the world looks realy bad. And I'm not sure how Bitcoin could help in the case of WWIII because I'm convinced in this case the world will be completely ruined and there will be no electricity, water or Internet so how could one access to Bitcoin. The WWIII would probably mean the end of human race and turn the world back in the stone age.
September 07, 2017, 09:02:39 AM
Man, if another World War occurs, I'm pretty sure Bitcoins will be the last thing on my mind. They do say money makes the world go round, but in war, I'm pretty sure that will only apply to the filthy rich, and maybe not even then with all these nukes around.
That being said, I don't think a war will break out. Nuclear warfare is essentially mutual destruction, and all parties involved would be wise to avoid that. As far as the tumultuous times go, the Cold War was worse, and that was averted. Let's hope history, at least in that aspect, repeats itself.
That being said, I don't think a war will break out. Nuclear warfare is essentially mutual destruction, and all parties involved would be wise to avoid that. As far as the tumultuous times go, the Cold War was worse, and that was averted. Let's hope history, at least in that aspect, repeats itself.
September 07, 2017, 08:55:49 AM
We live in some dangerous times, where countries are pointing nuclear missiles at each other. We should be prepared for everything and that includes, protecting our technology/currency.
We have seen Bitcoin going into space! Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the service as additional layer of reliability for bitcoin’s blockchain data in the event of a network disruption.
Merchants using Bitcoin payment processors should re-think their strategy, because these payment processors are linked to the fiat systems and those networks might be compromised during a nuclear attack.
How are you planning to keep the power on and where will you be buying bitcoins when the power is down at your local exchange? < One more reason not to store your coins at your local exchange >
Mobile networks might also be down or overloaded when communications infrastructures are damaged. Internet access might also be disrupted, if these attacks are combined with Cyber attacks.
What redundancy are implemented at third party services to prepare for the worst?
Share with us, what prepping are you planning for in a Doomsday scenario?
We have seen Bitcoin going into space! Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the service as additional layer of reliability for bitcoin’s blockchain data in the event of a network disruption.
Merchants using Bitcoin payment processors should re-think their strategy, because these payment processors are linked to the fiat systems and those networks might be compromised during a nuclear attack.
How are you planning to keep the power on and where will you be buying bitcoins when the power is down at your local exchange? < One more reason not to store your coins at your local exchange >
Mobile networks might also be down or overloaded when communications infrastructures are damaged. Internet access might also be disrupted, if these attacks are combined with Cyber attacks.
What redundancy are implemented at third party services to prepare for the worst?
Share with us, what prepping are you planning for in a Doomsday scenario?
First of all there won't be a wwiii, cause countries like usa and Korea know they can't afford to attack each other and India and China are standing down so for the time being we can be at peace. If in case it does happen, first priority to protect myself and then to move to a safe country or pass my coins to someone who's on a safe country, that's the only way to protect your coins, one risk is that person may not give you back, but at that time it won't even matter.
August 30, 2017, 08:16:31 AM
We live in some dangerous times, where countries are pointing nuclear missiles at each other. We should be prepared for everything and that includes, protecting our technology/currency.
We have seen Bitcoin going into space! Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the service as additional layer of reliability for bitcoin’s blockchain data in the event of a network disruption.
Merchants using Bitcoin payment processors should re-think their strategy, because these payment processors are linked to the fiat systems and those networks might be compromised during a nuclear attack.
How are you planning to keep the power on and where will you be buying bitcoins when the power is down at your local exchange? < One more reason not to store your coins at your local exchange >
Mobile networks might also be down or overloaded when communications infrastructures are damaged. Internet access might also be disrupted, if these attacks are combined with Cyber attacks.
What redundancy are implemented at third party services to prepare for the worst?
Share with us, what prepping are you planning for in a Doomsday scenario?
We have seen Bitcoin going into space! Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the service as additional layer of reliability for bitcoin’s blockchain data in the event of a network disruption.
Merchants using Bitcoin payment processors should re-think their strategy, because these payment processors are linked to the fiat systems and those networks might be compromised during a nuclear attack.
How are you planning to keep the power on and where will you be buying bitcoins when the power is down at your local exchange? < One more reason not to store your coins at your local exchange >
Mobile networks might also be down or overloaded when communications infrastructures are damaged. Internet access might also be disrupted, if these attacks are combined with Cyber attacks.
What redundancy are implemented at third party services to prepare for the worst?
Share with us, what prepping are you planning for in a Doomsday scenario?
First of all there won't be a wwiii, cause countries like usa and Korea know they can't afford to attack each other and India and China are standing down so for the time being we can be at peace. If in case it does happen, first priority to protect myself and then to move to a safe country or pass my coins to someone who's on a safe country, that's the only way to protect your coins, one risk is that person may not give you back, but at that time it won't even matter.
There will not be a WWIII? So what is this then? http://www.abc.net.au/news/2017-08-29/japan-says-north-korea-launches-missile/8851128
North Korea are not playing with their toys, they are preparing for war. You do not test ballistic missiles over populated areas, if you do not plan to use them. We should also prepare for the worst, by stockpiling on alternative payment methods. < bartering, crypto currencies, informal trade etc. >
Japan should start to invest in Bitcoin, because the currency can be used to move wealth over borders, when the shit hits the fan. You will not be able to move gold and silver bars, but the same amount of wealth in bitcoins can easily be moved to another country.
August 29, 2017, 01:46:01 AM
I would prefer to hold both,a bit Gold and some Bitcoins to be prepared for most scenarios:
1. Bitcoins if you have to leave the country immediately and cannot take anything with you. Just make sure to have your USB stick / piece of paper with the private keys to your wallet with you.
2. Gold if a global warfare destroys all infrastructure(especially power supply and telephone/internet connections) and you cannot do anything with a digital currency. In this case you can trade with your gold coins like back in the medieval and try to survive until war is over.
1. Bitcoins if you have to leave the country immediately and cannot take anything with you. Just make sure to have your USB stick / piece of paper with the private keys to your wallet with you.
2. Gold if a global warfare destroys all infrastructure(especially power supply and telephone/internet connections) and you cannot do anything with a digital currency. In this case you can trade with your gold coins like back in the medieval and try to survive until war is over.
August 29, 2017, 01:36:38 AM
It will be no WWIII.
There is this one guy, toying with his missiles. But he is isolated, not even supported by his big brother anymore.
That country might do some harm in its region, but not further away.
The rest of the world has some conflicts as well, but they are from economic nature.
To me I do not prepare for doomsday scenarios because something like that will not happen.
There is this one guy, toying with his missiles. But he is isolated, not even supported by his big brother anymore.
That country might do some harm in its region, but not further away.
The rest of the world has some conflicts as well, but they are from economic nature.
To me I do not prepare for doomsday scenarios because something like that will not happen.
August 29, 2017, 01:24:12 AM
We live in some dangerous times, where countries are pointing nuclear missiles at each other. We should be prepared for everything and that includes, protecting our technology/currency.
We have seen Bitcoin going into space! Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the service as additional layer of reliability for bitcoin’s blockchain data in the event of a network disruption.
Merchants using Bitcoin payment processors should re-think their strategy, because these payment processors are linked to the fiat systems and those networks might be compromised during a nuclear attack.
How are you planning to keep the power on and where will you be buying bitcoins when the power is down at your local exchange? < One more reason not to store your coins at your local exchange >
Mobile networks might also be down or overloaded when communications infrastructures are damaged. Internet access might also be disrupted, if these attacks are combined with Cyber attacks.
What redundancy are implemented at third party services to prepare for the worst?
Share with us, what prepping are you planning for in a Doomsday scenario?
We have seen Bitcoin going into space! Blockstream Inc. plans to make the digital ledger underpinning the cryptocurrency accessible via satellite signal so people without Internet access, or in places where bandwidth is expensive, can trade and mine bitcoin. The company also touts the service as additional layer of reliability for bitcoin’s blockchain data in the event of a network disruption.
Merchants using Bitcoin payment processors should re-think their strategy, because these payment processors are linked to the fiat systems and those networks might be compromised during a nuclear attack.
How are you planning to keep the power on and where will you be buying bitcoins when the power is down at your local exchange? < One more reason not to store your coins at your local exchange >
Mobile networks might also be down or overloaded when communications infrastructures are damaged. Internet access might also be disrupted, if these attacks are combined with Cyber attacks.
What redundancy are implemented at third party services to prepare for the worst?
Share with us, what prepping are you planning for in a Doomsday scenario?
First of all there won't be a wwiii, cause countries like usa and Korea know they can't afford to attack each other and India and China are standing down so for the time being we can be at peace. If in case it does happen, first priority to protect myself and then to move to a safe country or pass my coins to someone who's on a safe country, that's the only way to protect your coins, one risk is that person may not give you back, but at that time it won't even matter.
There will not be a WWIII? So what is this then? http://www.abc.net.au/news/2017-08-29/japan-says-north-korea-launches-missile/8851128
North Korea are not playing with their toys, they are preparing for war. You do not test ballistic missiles over populated areas, if you do not plan to use them. We should also prepare for the worst, by stockpiling on alternative payment methods. < bartering, crypto currencies, informal trade etc. >
Japan should start to invest in Bitcoin, because the currency can be used to move wealth over borders, when the shit hits the fan. You will not be able to move gold and silver bars, but the same amount of wealth in bitcoins can easily be moved to another country.
August 28, 2017, 06:44:17 AM
If WWIII is unavoidable:
Buy as many guns as you can and form a group of people with the same ideal as you, then take all you need from people that didn't did the same you as.
Bitcoin will be useless just like cash and gold, because you can't eat cash or metals
Buy as many guns as you can and form a group of people with the same ideal as you, then take all you need from people that didn't did the same you as.
Bitcoin will be useless just like cash and gold, because you can't eat cash or metals
August 28, 2017, 06:38:11 AM
If and only if this World war 3 would come cryptocurrency will be also in danger in my opinion via cyber attacks and also network facility attacks which would result to slowdown transactions. Hope will not experience this though. I also hope bitcoin networks could prevent advance weapons that is ultra harmful to electronics.
August 28, 2017, 06:28:32 AM
We live in some dangerous times, where countries are pointing nuclear missiles at each other.
This is nothing new. It has been like this for some 70 years now already. People just forgot it as it seems. Now government is just using this to justify spending on weapons.
August 28, 2017, 06:04:13 AM
Am I the only one who highly doubts there will be a WWIII
I would agree.It is not a shooting nukes type war, per se.
It is a very successful US government waging of fear amongst the population to gradually erode our liberty, privacy creating nice obedient taxpayers and consumers to pay for vast military/police overspending around the world.
The elites who own the various militarized governments are effectively waging war against the regular folks around the world..
August 28, 2017, 05:53:52 AM
It depends very much on where the epicentre of the world war is.
During WW2, the main epicentre was Europe, with wars also happening in the Far East, and North Africa. But if you were in South Africa, South America or India, the war passed you by (though India was part of the British Empire and sent troops to fight in both Europe and the Far East, it was not attacked itself, because protected by the Himalayas and the Indian Ocean (at that time planes couldn't fly that far without refueling, so couldn't conduct bombing raids on them).
In the next world war, it's likely the main theatre will be the Pacific, and the Middle East. The Americas, especially the east coast, should be safe, as should Africa and Europe.
During WW2, the main epicentre was Europe, with wars also happening in the Far East, and North Africa. But if you were in South Africa, South America or India, the war passed you by (though India was part of the British Empire and sent troops to fight in both Europe and the Far East, it was not attacked itself, because protected by the Himalayas and the Indian Ocean (at that time planes couldn't fly that far without refueling, so couldn't conduct bombing raids on them).
In the next world war, it's likely the main theatre will be the Pacific, and the Middle East. The Americas, especially the east coast, should be safe, as should Africa and Europe.
August 28, 2017, 05:48:58 AM
when war breaks out, even if a small war between two small groups inside a country, things become hectic and then unpredictable. speaking of World War and on a massive scale, nothing can be foreseen. and the economy would no longer exist. everything will become about survival and nothing else. no money, gold, bitcoin,... would matter anymore. the currency would be food and shelter. a potato will be worth more than 1000BTC when there is a scarcity.
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