Doomsday Preppers Are Starting to Switch from Gold to Bitcoin

Re:Doomsday Preppers Are Starting to Switch from Gold to Bit... by heavenlyblue on Monday November 20, 2017 @11:03AM (#15740853)

Why would anyone local agree to someone having more money than them post-apocalypsis?

I am just imagining a bunch of post-apocalyptic farmers in a faraway China suddenly becoming pure slaves when someone comes with a few million BTC from Africa. Isn't happening.

The only reason BTC would survive is if it would provide the means for inter-planetary-government-independent currency. But that's not going to happen since double-spend is only alleviated with a centralised (as in - globally available) blockchain.

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Re:Doomsday Preppers Are Starting to Switch from Gold to Bit... by phkahler on Monday November 20, 2017 @11:17AM (#15740985)

I'm not arguing that it could work, just that the fork could technically function without the larger internet. What's really going on in TFA is the Bitcoin ponzi scheme has roped in a new group of suckers.

I'm actually kind of sad that I didn't mine a few myself back when I thought it was a passing fad...

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Re:Doomsday Preppers Are Starting to Switch from Gold to Bit... by Filligree on Monday November 20, 2017 @11:33AM (#15741109)

I mined a few hundred.

Then I lost them while reinstalling Linux, and didn't think much of it. sigh

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