https://www.zerohedge.com/geopolitical/dark-side-cashless-society
I am researching cryptocurrencies and means to use them. Any advice?
Ammo, especially the most popular calibers will be "ballistic wampum".
Yes, beware the government banning cash and everything being even more trackable and controllable, not just for the reasons given but those are good examples.
I would add, beware of crytocurrencies. There is so much we don't know. Very interested in finding out what you learn. I like the underlying technology of block chain but don't know, therefore don't trust the future value of the currency. 13k per coin currently(?) seems steep to get in. I tried to learn about bitcoin as an alternative to currency, but if the value is controlled by speculation, it is not controlled at all.
Ammo, yes, if you find people with goods or money at exactly the time you need them, and if you have exactly what they need and are willing to part with what made you secure. Food? Yes but it either spoils or isn't very good in the first place? In a real emergency where you would give it away to save someone, it has a different type of value than investment or store of value. If you sell it or give it away when it is in severe scarcity, you have less left for your own security, financial and physical. Gold? Not performing better than stocks. People would still have to have money or goods to buy it from you when money might be worthless and the goods they have aren't what you need. Doesn't increment well. Real estate was my idea. People will pay a portion of their income for it no matter how much or how little a dollar is worth. When you rent it, you receive payment and still own it (Can't do that with ammo). Worthless of course when law and order and property rights break down.
To be continued...
