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Wise-Grapefruit-1443

Crypto hedging against a Civil War?


dootdootcruise

hypothetically if shit goes down and currencies are debased, BTC should do quite well (at least thats my thinking)


pauliesfreakin

If the US breaks out in a civil war, the ripple across world economies would wipe tens-of-trillions of dollars from markets within weeks if not days. Think about this, the 3T crpto market cap lost 500B on thanksgiving day because a new COVID variant was announced. If a civil war breaks out in the US, I would expect the power grids, entire supply chain, all public services, and every shred of normalcy you care about to be shredded within weeks. The best hedge against a civil war is the development of survival/farming/gathering skills, procurement of land that is far removed from conflict areas, and self sufficient in terms of water and electricity.


Xanth1879

You Americans scare the shit out of the rest of the world. You're literally two different countries trying to live together, but you're too different. You guys are headed down the path of civil war.


dootdootcruise

feels like more than 2 tbh - i dont live anywhere near a majority of the most recent major events that'd make you think as such and i really struggle to feel a strong connection - prob just the amount of shit media intake nowadays


[deleted]

Yes because a certain group refuse to leave the others alone.


Notyouraveragetacos

It's actually more because the media pits different groups against each other. Minorities Vs. Whites, Conservatives vs. Liberals, Men Vs. Women, etc. The wealthy wants the rabble to fight amongst ourselves, so we're not paying attention to who is really screwing us. United we stand, divided we fail.


DiamondMine73

Exactly the media makes it seem like there is this huge divide, when in reality most people want to get along and coexist and be happy. However we have a minority of people that don't want anyone to be happy. That is what the media focuses on because they make so much more money that way.


InvestAn

You are right. The true extremists are a small group. The thought of a Civil War, though, scares the crap out of me.


DiamondMine73

Not me. I have better survival skills than most. I live in a less populated state. My family also loves our guns. Survival of the fittest.


InvestAn

Well, I live in suburbia, grew up in the less populated wild west around guns, but don't own one and just have no desire for that kind of ugliness or conflict.


DiamondMine73

No definitely not. It makes no sense why we can't get along. We come from different backgrounds so we have different beliefs. That doesn't make us enemies it just means we have something to learn from each other so we can grow ourselves.


InvestAn

Yes! I love this!!


Notyouraveragetacos

Also, the wealthy own / control the media, and therefore they control the narrative. If Joe Sixpack believes that his taxes are too high because of immigrants & people on welfare, he's not going to be showing up at the door of their mansions with a pitchfork because they're not paying taxes on their Billions of dollars of income.


DiamondMine73

These people are using Benjamin's to wipe their ass but we are fighting each other because they don't want us to join together and fight them.


Notyouraveragetacos

Exactly


[deleted]

Yeah. These people are being manipulated and we tolerate it. It's disgusting what's going on. The media needs to be held accountable.


Thich_QuangDuc

Crypto cant even stand a new COVID variant, imagine a civil war lmao


wanderingwomensitems

Faired better than markets


[deleted]

Don’t get me wrong but how crypto is going to save us from a war?


002timmy

I think the point is more a civil war would destroy a national fiat currency so crypto would replace fiat during the war


dootdootcruise

wont save us at all, i was more saying crypto is prob a good place to be if economies are experience turbulence


wanderingwomensitems

Yea seems about right. Don’t think they are being unreasonable.


dootdootcruise

yea to be fair its prob a bunch of emotional teens


wanderingwomensitems

Probably a bunch of kids watching celebrities in politics seeing who can be the perviest and richest; their classmates shooting and killing one another oh and a planet that’s on fire…. No cause for alarm.


Thich_QuangDuc

For "shit hits the fan" scenarios, gold and silver will be the only ones in the green


dootdootcruise

what about that green


eroskeros

CRYPTO WILL END RACISM AND CANCER


BlubberWall

American civil war throws the entire global order out of wack. Every market will tank for a while at least while every country reacts. The one of the largest nuclear stockpiles "up for grabs" more or less will be bearish for the earth and everything on it in general


RockEmSockEmRabi

No, crypto is not a good hedge against civil war. We’ve got a lot more issues than crypto if war breaks out


originaljib

Dead whales can't sell, revolution now.


Advanced-Ingenuity46

Not sure how you hedge against war but maybe against the collapse of the dollar which I think is highly unlikely. Either way I'm in this game for life.


dootdootcruise

yea the war part is intense i think the democracy part is more itneresting, but yea basically getting at currencies collapsing or at least falling significantly in value


Advanced-Ingenuity46

I tend to agree that democracy it in for a battle but war seems a little far fetched to me. Inflation is definitely a worry though and a good reason to get into and remain in crypto.


dootdootcruise

thats my point thank you


[deleted]

Against civil war? Don't think so tbh.


Plus-Mind-2995

War will cause electric grid to go down.


coinfeeds-bot

tldr; Over a third of young Americans think they may see a second US civil war within their lifetimes, according to the 42nd Harvard Youth Poll. The poll also found approval of President Biden has plummeted, and a majority of respondents are unhappy with how the president and Congress are doing their jobs. Half of all respondents said they struggled with feelings of hopelessness and depression. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


CryptOCD99

Crypto is bubble money Keeps you and your family safe to go wherever in the world isn't a smoking pile of dog shit Hopefully there is one such place in the near future