Reviving this thread. Where's the altruism in "how to minimize one's damage"? Why's the model here for resisting economic oppression a survivalist hiding in an encrypted bunker, rather than the people of Burkina Faso using sticks and rocks (not cryptography) to force oligarchs out of their country? In Mexico they were recently burning polling stations, but we were discussing hoarding Bitcoin to ensure our self-interest? Where's the idealism in such selfishness? On 10/05/2015 03:51 AM, Georgi Guninski 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.