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What is the safest and most secure commodity to store your wealth
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You are currently reading a thread in /pol/ - Politically Incorrect

Thread replies: 53
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What is the safest and most secure commodity to store your wealth in the event of a currency crisis?
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Gold, silver or Bitcoin.
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>>76145107
liquor
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Fire arms
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>>76145107
Silver, gasoline, non-degradable food and non-degradable water. People will beg on their hands and knees for basic living supplies when the end-times come.
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>>76145344
Gasoline doesn't last very long.
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>>76145107
9mm
Cigs
Booze
Meds
Baby formula
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>>76145468
Right. Plus where are you going to drive if there are checkpoints?
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>>76145468
It can if you keep it in a cool, completely oxygen-free environment. But yes, it won't last forever. It's a mid-term investment, best purchased shortly before the end-times.
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>>76145231

Man the price of Bitcoin would go so crazy if world markets collapsed.
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>>76145107
Doge coin.
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>>76145647

It's a good hedge if we keep the internet running during an economic collapse.
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>>76145586
So buy it when it's most expensive? Sounds shit. He asked for investments during a currency crisis not how to throw his money away once shit hits the fan.
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>>76145107
beanie babies
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>>76145758
So disregard gasoline, you fucking autist. I also suggested silver, non-degradable food and non-degradable water. Where are your fucking suggestions?
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Toiletries
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>>76145873

.223 bullets. 7.62 x 39R rounds, 22 LR and 9MM.
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>>76145873
My suggestion was not to buy gasoline, and I think it's pretty solid.
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>>76145231
>Bitcoin


Are you literally retarded?
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>>76145960
I would add 12ga and .30-30 to that list, desu. Shotguns and older lever-action rifles are still some of the most common firearms in this country. Ammunition isn't really a fantastic long-term investment, though, unless you buy a fuckton of corrosive ammo, like old 7.62x54R
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>>76145924
FOR ALL THE TRANS GAY IT MONSTERS
> entrepreneur detected
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>>76145231
this.

Also tinned food, gold mining equities, lead
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>>76146052

>Are you literally retarded?

Christ, I wish.
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>>76145107
Are you talking about maintaining a large amount of wealth through an "economic collapse" (which could arguably also reselmble SHTF), or just ensuring the survival of you and yours on a day to day basis?

I dont know shit about the former, but there was a guy who survived the bosnian civil war in the 90s, wherein his city was besieged on all sides by military, and it turned into a full apocalypse scenario. He wrote a Q&A on it, really valuable information.
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>>76146052
I just made +250 % on bitcoin over the past year.

Call bitcoiners a retard all day long if you want. I'll keep the money
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I remember seeing a post (here or somewhere else, I don't remember) where a guy was showing off his stockpile of 5lb bags of sugar and I thought it actually seemed like a pretty good idea

>lasts a very long time, almost indefinitely, without spoilage if you keep it high and dry
>bags stack neatly and are somewhat durable for handling
>everybody likes it and many wouldn't think to stockpile it
>easy and familiar 5lb portions for barter
>decently useful survival food, if you are starving it will keep you alive and give you a bit of energy to keep you going for hunting/getting more food
>currently very cheap and easy to acquire despite being made from mostly imported materials
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>>76145107
Buy TIPS (inflation-protected treasuries). Their value is benchmarked to the CPI. Or commodity equities.
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>>76145107
Lego Bricks.

t. Investment banker
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Black powder.

Things are gonna get tough and if you fuck around, you will not make it.
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>>76146930

If the power grid goes down how will you trade your bitcoins?
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>>76145107
Electricity.
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>>76145107
Gold, even the master merchant Soros just bought 263 million worth. Rates wont rise, unless the fed kikes are suicidal, in which case the US market will crash and gold will be the hedge.
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>>76147328
Also,
Money
Dradles.
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>>76147290
It wont go down in NZ cos hydro power.

Anyway I've already sold and made a killing
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>>76145107

gold etc.
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>>76145107
Brain, invest in your intelligence and aptitudes. Also train to use guns and various weapons and to survive in wilderness.
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Harem
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>>76145107
The United States Dollar of course, it will always be worth something as long as the US backs with not with gold, but with bombs and guns.
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>>76148621
foolish words
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>>76145107
Silver or Gold in 1 gram weights
Cigs and loose tobacco
Water
Ammo in several common calibers
Canned and freeze dried food
Antibiotics and other medications
Toilet paper
Cheap booze
Waterproof matches and as many disposable lighters as you can afford
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>>76145107
Guns and ammo fucking faggot
USA
USA
USA
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>>76148621
>backed by bombs
Petro dollar
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>>76145107
Gold bullets booze
or your ass
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Gold, silver, ammo, freeze dried coffee
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>>76145107
>>76148621
actually this guy have a lot of true in he sentence, USA its basically a bank with army...a very fking big army.
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>>76145748
Don't even need the internet if you have a working laptop with the bitcoin client. Paper wallets ftw
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>>76148072
Keep your penny stock tier shilling to emails and shit tier /biz/ threads, cunt. You're non stop, even worse than the Trump coin shill.

Rage all your threads
Seport all your posts too
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>>76148983
it's funny, we owe trillions to others in a currency that we print and only back with our word, why else would they refuse to let anyone audit the fed here, would they finally notice the con job the US is pulling?
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>>76145107
Bullets
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>>76148983
communism is democracy, which is why democracy is death if not exclusive to those that are Christian or libertarians.
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Bitcoin would crash because it doesn't scale well at all. It can't handle the transactions per second that a functioning currency system would need in case others collapsed. I think with 1 MB blocks (thanks Blockstream fucks!) it can handle around 7-10 transactions per second.

If you had 500 million people using it and they did 1 transaction a day at half a kilobyte per transaction (seems to be around the current average) the block size every 10 minutes would be 1.65GB.

(250,000,000 * 2^10) / ((2^30) * (24 * 6))

Since average transaction is half kb, I just divided users by 2 and assume 2^10 (one KB)
2^30 = 1 GB
24 = hours in a day
6 = blocks per hour (every 10 minutes)

They've been fighting for almost a solid year about changing the block size from 1 MB. Sorry, but it's not happening.
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>>76150642

I guess it would be worth noting the 7-10 TPS figure is for transactions when they are around 1/4 of KB.

Even if that were still somehow possible the figure would go to around

(125,000,000 * 2^10) / ((2^30) * (24 * 6)) = 0.82784228854 GB every 10 minutes.

If they ever got around to changing the block size to 2 MB, in one day with 500 million users trying to use it once at a very low calculation of 256 bytes per transaction it would generate 122070 MB of data in a single day. If somehow the network kept track of those pending transactions and no other transactions ever took place again, it would take over 423 days for the very last one to transmit across the network with 2 MB blocks.
Thread replies: 53
Thread images: 9

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