Real estate is only valuable if people can afford to rent it.
   Bitcoin is already wildly price-manipulated by bots, true market value
   iimpossible to determine. In an economy crunch currencies universally
   suffer because they represent a medium of exchange only. Bitcoin
   especially so: it's a pure algorithmic abstraction of fiat value, worth
   literally nothing except that which both parties in a transaction agree
   upon.
   Best way IMO: reduce your dependencies, rational-prepper style, and
   reduce your attack surface when the debts are called. Pay off debt now,
   buy insulation, solar panels. Learn a lot of DIY to maintain your
   lifestyle if you can't afford to pay others to do so. Learn a valuable
   skill in a future market crunch: hint, programming and encryption
   probably don't count much in case of total economic collapse.
   Bear in mind that this isn't gonna happen quickly if it happens. It'll
   be slow, stepwise. Economic catastrophies every 5 years or so,
   progressively making the world a little shitter every time. The frantic
   dead-cat-bounce each time will be.more brittle and more loudly
   celebrated. Sound familiar? :)
   The winning play, though by far the hardest, is to create an economic
   enclave that conserves local value and builds community resilience.
   Local currency would be cool, along with robust local mesh networking
   and local communication / broadcast media. Goal: when money outside
   your community declines, your currency exchange value can just change
   to compensate and thereby encourage local purchasing and export.
   So, do we need an "economy in a box"; buy 100 cheap mesh networking
   boxes ([1]black-swift.net?), burn in currency/message exchange
   software, install in local houses, distribute localised "economy in a
   box" apps to locals? It's something I'd love to see.

   On 5 October 2015 09:51:19 IST, Georgi Guninski <guninski@guninski.com>
   wrote:

The financial situation in the usa is quite grave.
Assume very severe financial crisis hits the usa relatively soon causing
hyperinflation there and possibly in other countries.
I am interested:  How to minimize one's damage in this situation?
Some suspicions: Banks/exchanges are known Ponzi schemes, so how much
the banking system will remain intact is unclear to me.
Some possibilities
real estate outside usa
gold (is gold certificate secure enough?)
bitcoins (some people got burnt, security of bitcoins not clear to me)
???
Please post political rants in other thread.

   --
   Sent from my Android device with K-9 Mail. Please excuse my brevity.

References

   1. http://black-swift.net/