Ok so maybe I am using the wrong word. The "network" is the bottleneck. I choose commodities and assets over fiat and crypto because they are the most decentralized and independent stores of value. They require no network to keep track of, no ledgers, no electricity even. This is the weakness of crypto as I see it. Best of luck to those who have invested money/time/energy into crypto. Hopefully you get it back in kind.
Maybe I'll be forgotten and left behind as everyone else moves forward at the speed of science. I would prefer that actually.
I choose commodities and assets over fiat and crypto because they are the most decentralized and independent stores of value.
Better choose commodities and assets that are generators of value. Tools, land, skills and so on. If you buy a can of tinned fish, you will have a can of tinned fish. If you buy a fishing-rod, you will have an ability to get a fish as you need it.
As for crypto - it is just an alternative mean of exchange. For the world without electricity you obviously should choose another mean of excahnge to trade the fish you catch to something you need.
Anything could be mean of exchange. Preferrably, it should be something that all agreed to use as mean of exchange, divisible, relatively small, and have its own use for any owner. But that's ideal, and only first thing is important. If you all agreed that stainless steel nuts are your means of exchange, they could be perfectly used for that, even if they are not very divisible and useful for everybody.
Ok so maybe I am using the wrong word. The "network" is the bottleneck. I choose commodities and assets over fiat and crypto because they are the most decentralized and independent stores of value. They require no network to keep track of, no ledgers, no electricity even. This is the weakness of crypto as I see it. Best of luck to those who have invested money/time/energy into crypto. Hopefully you get it back in kind.
Maybe I'll be forgotten and left behind as everyone else moves forward at the speed of science. I would prefer that actually.
Better choose commodities and assets that are generators of value. Tools, land, skills and so on. If you buy a can of tinned fish, you will have a can of tinned fish. If you buy a fishing-rod, you will have an ability to get a fish as you need it.
As for crypto - it is just an alternative mean of exchange. For the world without electricity you obviously should choose another mean of excahnge to trade the fish you catch to something you need.
Anything could be mean of exchange. Preferrably, it should be something that all agreed to use as mean of exchange, divisible, relatively small, and have its own use for any owner. But that's ideal, and only first thing is important. If you all agreed that stainless steel nuts are your means of exchange, they could be perfectly used for that, even if they are not very divisible and useful for everybody.