Based on your description above, I would invest in (non perishable or long-shelf-life) food, store water, and have backups for energy and shelter. As you say, we have re-entered the stone age.

I disagree that this means everyone is dead. Even in the real stone age, people survived. Food and shelter are essential. I have easily managed several days with no electricity (or internet) during a blizzard and could go much longer.

Survival DOES require energy. That energy MIGHT be a portable generator. It might be a camp stove, or just a fire to cook over. Survival does not require the internet. Humans survived for thousands of years without the internet, and when survival becomes paramount, those things ESSENTIAL to survival will be the first to regenerate, out of pure necessity.

If I'm going to ASSUME the internet is going to be restored to the point that I can reclaim my bitcoin, I might as well assume it's going to be restored enough to recover funds from the bank. The banking system is far more essential to far more people than Bitcoin.

Some of our difference probably comes from the scenarios we expect. My background is in nuclear power, so I tend to go to "worst case scenario" - the "stone age" as you say.

If you find fault in my reasoning, I would be eager to hear it. Anything I can learn to increase my chance of survival is welcome.

It will 😊
Thanks.

and, again a non-objectivist statement, I should take his view on the matter over my own???

I'm all for being educated on a subject, on pretty much anything, even simply to be contrarian for the sake of argument.

As I said many times before, I can use worthless dollars to wipe my ass, twist them into kindling for a fire, or perhaps even use them in compost. Without the internet you'll have no access to your funds, whether your farming your food or not, and have nothing tangible to do anything with.

I'm quite aware its up to me and that's is the point of my replies while you defer to others, likely because they align to your investment.

Time will tell. I do hope it works out as you see it.

Great question! Now we can have a conversation!

What would you do with US dollars in that exact same scenario? Especially considering 95% of USD in existence is digital.

If SHTF that bad (which I do think is possible and am preparing for it), I think food, water, energy and shelter are your only commodities. Because you're in a survival situation. Humanity just went back to the stone age.

If the only knock against Bitcoin is: if the world completely collapses into chaos, we have no internet, no electricity, all of the nuclear plants have melted down (as they will without internet and electricity), how will I access my wealth.
You won't. You're dead. And so is everyone else you know and love.

The world requires energy, and the world requires the internet. The hive will keep those things running. Bitcoin is the withdrawal from a corrupt monetary system. Bitcoin is Galt's Gulch.

OK, since you opened the door for questions, here is mine:

In a scenario of SHTF, including loss of power and internet, how do I turn Bitcoin into something with which to barter with others in the community for food, fuel, ammo when my own supplies (ample as I think they are) start to run low? And given the discussion here, those people with whom I want to trade may not trust Bitcoin, and may not have accounts.

Others have suggested gold (probably not good for smaller exchanges), silver ("junk" silver seems like a good choice for small trades), "lead" (as in ammo - I can see popular calibers being trade-able), or long-shelf-life food.

Michael Saylor presentation to The Atlas Society.
Satoshi is John Galt:

https://youtu.be/ZcjFrIMw2sI

Unfortunately, there is a blind spot hiding behind that which you know.

Michael Saylor also presented at the Atlas Society Gala. He compared Satoshi to John Galt. You may find that presentation interesting as it will use terms you can relate to.
Or.... You can cover your eyes and ears because you already know all there is to know. Up to you!

Sheesh. If they wish people to move to crypto they have to vilify traditional forms of currency, aka banks. With banks doing everything electrically and locking people out they simply made one form of electronic currency look more appealing than another. Influencing the herd. What the banks did, to their capacity, was simply show the extent to which electronic funds can hobble folks today.

We are not yet at the tipping point. More, when we are, the means to limit access will be in place, and most everyone's safety nets will be fully invested.

Internet and control of that medium is the linchpin. It will be without internet (and compliance) you have no access to anything.

I'm not insulted nor am I trying to insult. I'm simply pointing out that which I know. And overriding your experiences and observations is counter-objectivists (funny coming from me, but its true).

I we can't avoid the slavery fire, I suppose we should give up?

I'll take my chances with growing food with little to no input costs, and store my wealth in the hardest currency humanity have ever seen.

When you have a solution, I'd love to hear it. I'm the most objective person you'll ever meet.
Truth doesn't care about your feelings.

Look up Bitcoin and the Canadian Truckers. You will find an excellent use case.

This would be funny. Considering I CAN filter traffic (nothing misinformed there) what I stated is accurate.

Were the Canadian truckers not electronically locked out of the their bank accounts?

Was a man not locked out of his home because Amazon digitally shut down his automation over an allegation?

Did Aldi grocer in england not require a registered smart device (phone, card) simply to open the door and pass into the store to shop?

I'm misinformed ad yet your telling me to watch a video over my own observations and capability? Kind of an anti-objectivist approach, no?

Your NEED for connectivity to access your funds will be the downfall. With the world racing into the slavery fire based on deliberately manufactured fear and convenience, how can we avoid this in the future? I do not know. Franky, at this juncture, I'm not sure we can.

Sorry. You're misinformed. Everything you just started is an argument for Bitcoin. Your connection of internet and money is missing some important facts. I encourage you to watch the 33 mins. Your background in IT should help you understand sooner.

Either way, I don't care what you do.

I share the same sentiments about government and digital control. I do not have smart devices, smart appliances, or anything else that can be controlled by someone else. I'm a farmer. I build my life around being resilient.

Even with all of that.... I will take my chances with Bitcoin, before I keep a penny in USD or CAD.

I work in IT. I have for nearly 30 years. I see the trends that have repeated over the decades.

I can filter traffic in an out of routers with a few minutes of work, encrypted traffic or otherwise. While I'm not expert with this aspect of IT, I am very good. But there are those more capable that I am who work upstream for ISPs, NOC's and routing centers, those you have absolutely no access to, that you TRUST will keep these lines of communication open. What happens to your access to finds when Starnet, comcast, Cox cable, says "you've been non-compliant. No soup for you!" and shuts off your internet or filters out (prevents it from passing through their equipment to you) the protocols and /or encryption your traffic?

Social reputation. When the masters of this "new way" decide you are not subscribing to their narrative how do you suppose you will be brought to heel?

Force? No.
They will limit your ability to buy, trade a sell so you can't eat and life is most difficult. How? By restricting access to your electronic currency, shutting off you automated house, preventing your from even going into a store.

This is already being done AND we're not fully automated or digitized.

I am not misinformed. I simply do not TRUST those in media, tech or government to work outside their interest. You are being naïve if you think this will not be the regulating medium of you life.

They don't have to hack the currency themselves just your access to it.

That happened to USD 15 years ago.....

If I could suggest 1 single presentation to help make your research shorter.... It would be this one. It is well worth the 33 minutes of your time. If you have any interest in preserving your life energy and saving your monetary energy for your children and future generations, you would do well to understand this option. If in the end, you still decide that your money is best suited in property that can be stolen from you or in fiat money that degenerates at 10+% per year..... Ignore it. But I'm the guy in 2023 telling you ..... You had a chance.

https://youtu.be/8Mhu6dxj7qk

Bitcoin has never been hacked. Can never be hacked.
Satoshis original wallet has never moved a coin. it is currently worth over $33 Billion. Pretty good incentive for a hacker. They can't do it.

Stop equating "crypto" to Bitcoin. Inform yourself or you're missing out.

Bitcoin is the internet in 1996. You're literally the person saying that email has no future. That sounds like a silly argument today.... Calling Bitcoin a scam will sound equally as silly in 10 years.

You don't need a bank. You don't need permission. You don't need trust. Bitcoin fixes money.

Sorry. You're misinformed and listening to the controlled media. Bitcoin is not crypto.
I'm right here and ready to answer questions for those interested in learning.
Either way, I don't care what you do. But failing to do your own research is a mistake. Continuing to use fiat currency is a mistake.
Bitcoin is the solution, and people who understand Atlas Shrugged and understand what Ayn Rand was saying, should grasp the principles of Bitcoin immediately. It's disappointing to see this community doesn't understand.

Dismissing Bitcoin is foolish. Seek to understand.

Sorry, bitcoin, crypto in general, is fools gold. Profit while you can and get out. It is not secure before it bites you. There are already hacks and exploits established to steal this 'currency'. More, those running these 'banks' are not being held accountable for their corruption because they are doing what is needed, seducing people into converting to an electronic currency which can be fully monitored and shut off for any reason without your consent or knowledge.

Here is some proof of the hacks.

https://www.bleepingcomputer.com/news...

And here is a link to no responsibility being held for crypto exploitation and theft.
https://www.oann.com/newsroom/federal...

Yes throughout history the most important ingredient in currency was the trust in the value of said currency by the holders. You are correct that once the trust is gone, so is the currency.

Think twice SK, a modest flair of X10 or 20 of sufficient speed will take out the satellites, the servers/grid just like the Carrington event in 1859 burned up the telegraph lines.

Still, I too have electronic holdings and playing a game of chance in the hope of gain that will allow me to insure my and my neighbor's survival.

Currently I go along with mhubb on this. I'm not mad at bitcoin or any other such invented-out-of-thin-air "currency", including USD at the moment. IMHO, they are all worth what the holders and traders in such instruments believe they are worth. Everyone needs an instrument of trade they believe will work whether it is fiat or tangible. Bitcoin doesn't fall in the tangible category, but a lot of folks believe in it, so for now, have fun with it as it will hold some kind of value as long as that belief remains strong. Belief in the fiat USD is waning as will belief in Bitcoin some day. Then plant it in the tulip garden.

Ah, but we are due to lose our grid, our shields are 25% down and worsening, SK. Until then, I hope my modest bitcoin, etherum and a few others skyrocket before that happens.
I just hope I cash in at the right time.
Rest assured, the Fed/ie one world money, will not be traded on the decentralized blockchain.

Check out my newest: The Climate War is coming ...for more pain and suffering.

May your coins gain value,
Carl

That dude has nothing to do with Bitcoin. You've got some homework to do Boomer.

is that you sam bankman fried??
looking for new marls???

You seem pretty fired up about this. What is it about Bitcoin that makes you so mad? Seems like a Jim Taggart thing to do.....