That road goes both ways. 1. 90% of my "money" is in the bank. I never gave them cash, it was transferred there digitally, from my employer. The cash isnt actually there. So "cash" is kind of in that bucket now. 2. The last power failure we had ... i actually couldnt use the cash i had at a few places. They couldnt open the register at one place. Another couldnt or wouldnt sell(a major chain) without the wifi talking to the satellite ...it couldnt get the prices because theyre all digitally in the cloud. take home message ... we are already digital and have been for a while.
Had the same issue with cash here a few months back. Its not universal if the power is out like everyone thinks it is. May as well keep a few goats and some shiny stones to trade lol
I don't know how deep you are into prepping now, but my goal is to practically need nothing for at least six months, this includes food, power water ect...I'm working a lot harder on food production, mostly on the veggies, I already produce a lot of calorie dense foods.
That road goes both ways.
1. 90% of my "money" is in the bank. I never gave them cash, it was transferred there digitally, from my employer. The cash isnt actually there. So "cash" is kind of in that bucket now.
2. The last power failure we had ... i actually couldnt use the cash i had at a few places. They couldnt open the register at one place. Another couldnt or wouldnt sell(a major chain) without the wifi talking to the satellite ...it couldnt get the prices because theyre all digitally in the cloud.
take home message ... we are already digital and have been for a while.
But I'm sure you could go to a small grocery store and buy some essentials, you have no other choice with bitcoin
@@MosaicHomestead untrue when the power is out to a greater metropolis of 700k people.
@@MosaicHomestead not me and a few hundred thousand people.
Good point
Had the same issue with cash here a few months back. Its not universal if the power is out like everyone thinks it is. May as well keep a few goats and some shiny stones to trade lol
If we lose power permanently, we have bigger problems than frozen BTC in the ether. But we won't.
Yep.
I don't know how deep you are into prepping now, but my goal is to practically need nothing for at least six months, this includes food, power water ect...I'm working a lot harder on food production, mostly on the veggies, I already produce a lot of calorie dense foods.
Same here. I use 90 days as my standard. I’ve got some solar but adding more.
@seller559 have you seen my 2.0 direct solar power unit, it's a last ditch system that works really well.
Bitcoin is not for prepping. Full stop.