How Sustainable Will Bitcoin Be After the Apocalypse?

[posternut]

Over the past few years, worldwide fears of an apocalypse-type scenario have increased quite a bit. The trend is likely to be associated with global economic turbulence, failed central planning, and the rise of tyrannical governance. With people believing doomsday may come to pass, many are hoarding various commodities like precious metals, and now even bitcoins. However, people wonder how sustainable the Bitcoin network will be throughout a global apocalyptic crisis.

The New Yorker recently published a lengthy editorial called “Doomsday Prep for the Super-Rich” detailing some interesting findings on the world’s wealthiest preppers. Of course, the individuals are hoarding the usual supplies of precious metals, rations and building unique bunkers. But one particular rich-prepper, Tim Chang, a venture-capital firm managing director, says the super-rich are also stockpiling Bitcoin.

Read More Here: https://news.bitcoin.com/how-sustainabl ... pocalypse/

[OgNasty]

Bitcoin possibly being a life saver in a financial meltdown is a strong possibility in my opinion. I'd say the odds that Bitcoin would have any value at all in the apocalypse are slim to none. The only things that will matter if we hit apocalypse levels of doom are water and weapons.

[Rmcdermott927]

It depends on what type of apolalyse. In a nuclear apocalypse, EMP could potentially render most if not all Bitcoin nodes useless.

[mjglqw]

Depends on many factors. How bad is the "apocalypse"? Is it that bad to the extent that food and water and other basic needs would be very scarce? If thats the case, then I think bitcoin and any other form of currency would be useless.

Also, we wouldn't have internet connection so theres no way we can use bitcoins (i think) :v