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This is a great post.

I would also add: buy physical gold and silver; not as an investment, but as a currency.

Barter is OK, but having some kind of currency solves real trade efficiency issues, which is why all societies eventually adopt some form of currency. It's just fake dollars and crypto that are trash, Because they have no real scarcity. You can just invent 5 million types of crypto, not to mention who knows what kind of hackery / trickery might come around in crypto land when "quantum" computing really takes off, and obviously fiat dollars can just be printed by the quadrillions. In a serious grid down/societal collapse situation, both crypto and Fiat fail because neither can be trusted. Gold is fungible and easily testable and cannot be easily ruined.

When SHTF nobody's gonna care about gold, but when barter economies begin to mature gold and silver will be key.

1 year ago
1 score
Reason: Original

This is a great post.

I would also add: buy physical gold and silver; not as an investment, but as a currency.

Barter is OK, but having some kind of currency solves real trade efficiency issues, which is why all economies eventually have to have some form of currency. It's just that fake dollars and crypto are trash.

When SHTF nobody's gonna care about gold, but when barter economies begin to mature gold and silver will be key.

1 year ago
1 score