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re: Big Trouble In Little Banks - Bailout Sparks Buying Panic In Bonds, Bitcoin, & Bullion

Posted on 3/14/23 at 2:54 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81678 posts
Posted on 3/14/23 at 2:54 pm to
quote:

And what happens when the internet goes down or power is out? How will you access your fake internet money?

We talking long term? Then literally no traditional investment will be worth anything and you will have bigger problems to deal with. Bullets, food, and medical supplies will be the new investments.

We talking short term? I'll just wait until it comes back on. As I do when the internet goes down/power goes out and my USD is sitting in a bank account. I said small portion, not every dollar you own.
This post was edited on 3/14/23 at 2:58 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81678 posts
Posted on 3/14/23 at 2:56 pm to
quote:

I thought too much invested in crypto was one of the issues with the SVB collapse

1- I said Bitcoin, not crypto
2- SVB did not collapse because of crypto
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81678 posts
Posted on 12/6/23 at 8:43 pm to
quote:

Bitcoin lol

Up 83% since this article
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81678 posts
Posted on 11/11/24 at 9:59 am to
Up ~250% since the article
Posted by dsides
Member since Jan 2013
6129 posts
Posted on 11/11/24 at 10:18 am to
quote:

However, bitcoin has some serious issues as well


like what
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