1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

GoFlipAPack

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Serious question for y'all. If BTC was to crash or something drastic like the electricity going out and exchanges going down. What asset/s would y'all switch to if all crypto went to shyt or it was a severe crash on some 1929 stock market shyt?
 
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Gloxina

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Serious question for y'all. If BTC was to crash or im a more drastic like the electricity going out and exchanges going down. What asset/s would y'all switch to if all crypto went to shyt or it was a severe crash on some 1929 stock market shyt?
NO TIME TO WORRY ABOUT THAT NOW:

 

Gloxina

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👀👀👀 Lock in.

 

Bushmaster69

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Serious question for y'all. If BTC was to crash or im a more drastic like the electricity going out and exchanges going down. What asset/s would y'all switch to if all crypto went to shyt or it was a severe crash on some 1929 stock market shyt?

You're asking more than one question.

if everythijg went to zero, precious metals like Silver and Gold would replace fiat. This is why preppers stack gold and silver.

BTC wouldn't go to zero because of the lack of exchanges. Especially now because it is too main stream and entangled in modern day fiance.

I used to transact and trade BTC over a decade ago without an exchange. Its throughput/TPS is shyt, especially with the amount of traffic on the Bitcoin Network now, but you don't need an exchange to trade.

Other crypto currencies like XRP have the ability to transact over other means like SMS. No internet required. Buying tokena and transacting over SMS have been tested and proved efficialent in many countries like Kenya and Tanzania (MPESA and Carbon credits).

Bartering for food, fresh water, seeds, firearms, etc.. would become good replacements for fiat.
 
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