Re:Ask HN: Where do you all invest your money?
by GaryNumanVevo on Tuesday November 07, 2023 @04:38AM
(#38174936)
> People will be lining up to buy bitcoins from you.
Except there hasn't been a single historical example pointing to people doing this after the collapse (partial or otherwise) of civilization.
After the fall of Rome, people used the currency (both bullion and as a measure of value) for a few decades after. If the US dollar collapses, you've got a litany of more pressing issues than "how can I pay for goods" and history shows that you'll probably just end up relying on social credit with people in your immediate community.
tl;dr invest in being a social-able person first, then learn how to grow your own food instead
Except there hasn't been a single historical example pointing to people doing this after the collapse (partial or otherwise) of civilization.
After the fall of Rome, people used the currency (both bullion and as a measure of value) for a few decades after. If the US dollar collapses, you've got a litany of more pressing issues than "how can I pay for goods" and history shows that you'll probably just end up relying on social credit with people in your immediate community.
tl;dr invest in being a social-able person first, then learn how to grow your own food instead