WestTexasCrude t1_iuadx9q wrote
Reply to comment by notausername86 in If shit WOULD REALLY hit the fan cause of big P, what would happen to the different sectors? Crypt0? National banks? Foodstock? Oil? Gold/Silver? Indexes? Life insurance companies? Weapon companies? Chemical companies? by ECfnWNL
I suspect crypt0 would probably go up as well due rapid and panicked wealth protection in an aggressor state.
notausername86 t1_iuana7f wrote
I don't think so. I mean potentially maybe. But I would think that the possibility of an EMP weapon being used, that would knock out internet access and fry any storage devices/cold wallets/hard drives and other devices would render crypto an unsafe bet.
In war time I think you would want a physical asset in your hands, be it gold and sliver, physical dollars, or even some other physical asset that would be worthy of trading for goods and services. I don't think it would be very smart to load up on anything that is exclusively digital.
WestTexasCrude t1_iuapzld wrote
Yeah. Good point.
Master_Fun3712 t1_iuba66l wrote
Glad I requested my shares of PLTR in paper form. That will probably rally hard.
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