/biz/ - Business & Finance

Prepare your legal tender as legal tinder for your campfire. If you don't have the skills and resources set up to handle living in an off the grid scenario for months or years, then you're SOL. The poorest of countries that depend on the American dollar will crash first. The next ones up will take a dive and barely hang on. The largest players will be like Ivan Drago in Rocky IV. USA, Russia, and China will be bruised but still competent.

For those that suggest that Bitcoin is what will eventually take over the dollar, it won't. How can it when the network can't function with massive amounts of transactions at once? It's not ready or battle tested for worldwide use as cash. Digital gold? Yes. Digital daily billion transactions? No. I could see in a few decades time where countries will use blockchain and create their own digital currencies backed by their own supply of electricity.