Will be economic turmoil of european countries and possibly the US.
This will be the catalyst for the next bull run. As inflation doars in these crashing economies, people will be looking for better stores of value. Bitcoin/eth comes in play.
Be ready. Its all about to go down in q4.
I think you are right user.
This is the calm before the storm.
> Wow, we're in a real economic disaster, should I stock up on food? Water?
> Maybe gold?
> No, shit, I've got it
> Fake internet money
> Yeah, that should cover it.
> the absolute state of crypto investors.
>the way to preserve wealth in an economic crisis is to stock up water and perishables
>Ww3
>Emp fries the internet
But luckily I still have my 3d printed Bitcoin.
ww3 is already in play
from 9/11/2001
Here have an upvote
You dont understand . Food, water, basic necessities become almost unattainable in a crisis. In the meantine you have your countries currency losing value by the minute, you need an intermediary asset that isnt losing value as fast as that currency. And in the abscense/shortage of necessities crytp fills that roll
17 years in and I'm pretty sure we haven't lost a million americans
pretty shit as world wars go
you're concerned you can't get food or water, but hot shit your internet connection should be just fine
what the fuck
think bigger
>Crypto
>Reliable store of value
For the last fucking time, something that fluctuates wildly in value constantly IS NOT a reliable store of value and only a complete retard would think that it is.
Gold.
Silver.
Platinum
Pretty much any precious metal would be a more effective store of value in this type of situation. Doesn't spoil, limited supply, does not rely on ANYTHING to remain in your possession (crypto relies on having an internet connection and having a functioning system for transacting that online value into physical funds, which can not necessarily be relied on to be the case).
The only time that gold is going to go down in value would be the complete and total collapse of civilization and if that happens the only store of value that would matter at all would be bullets.
Good luck moving your gold in and out of your country like I can easily move crypto. Also gonna laugh my ass off when the next socialist pulls an FDR and force everyone to give up their gold to the government.
>2008 financial crisis
>people avoid falling assets by investing in water
You are fucking retarded. Economic turmoil does not mean some fucking mad max scenario. Just maybe it does at your house b/c your uncle takes you out to his “bomb shelter” every time the Dow drops 2%
Good luck moving your crypto with no freely accessible internet. Hell good luck getting out of the country at all if shit actually gets that bad you'll be just as fucked as everyone else. As I said, if shit actually went THAT bad the only real store of value would be ammunition to shoot the people trying to take your shit.
You can't take my crypto by force, if shit really hits the fan I can move to wherever in the world is safer and take all my crypto with me. The problem for refugees isn't that they can't leave their country, it's that they have to leave all their property behind, with crypto you can safely take it with you wherever you go.
>The problem for refugees isn't that they can't leave their country
Tell that to literally every refugee fleeing a country that doesn't want them to leave. Your assumption that if such a significant societal upheaval were to occur people would just LET you jump onto a plane and fly to wherever the fuck you want is hilarious.
You fucking retards really don't get it. Without a consistent internet connection your crypto is WORTHLESS. You cant send ANYTHING because either you'll have no connection or there will be no miners.
You can leave a country by car or on fucking horseback, your assumption that the only way to leave a shithole is by plane is fucking hilarious.
>what are patrols and checkpoints
Have you ever tried to flee china?
Tons of refugees try to flee china and die at various checkpoints and patrols find them.
I mean, good luck and all but you're being more than a little optimistic given the scenario you're describing.
If society collapses you are gonna want gold
If society does not collapse buy bitcoin
Just remember user, in a real economic crisis all correlation goes to 1.
Also, grow up and stop with the fucking habbenings, nothing will actually happen. WE IN CAPITALIST REALISM NOW
Venezuelans were trading shitcoins to get out of their hellhole country so they don't starve to death, so we already know it can work.