People ask "what would happen to bitcoin if the power grid went down"? I know what would happen — computer chips would become the new cash. Very hard to counterfeit, easy to recognize, impossibly scarce.
Discussion
Bro , anti-biotics and shit would prob be the most salable good.
in the short run: food & water, bullets, fuel, etc (necessities)
in the long run (IMO) gold emerges out of barter as the most durable good & therefore the best commodity for saving
why would people want chips with no power ?
and you do realize they're not fungible, right?
This is what Escape from Tarkov is like. If you can loot a GPU in a raid… 😮💨🤑
For a place infested with bitcoiners I feel like no one really got my meaning here 😂
computers would be very valuable where they could be used, if they still worked
a carrington event would make them EXTREMELY rare, only people who stored their stuff inside metal containers or underground will have hardware that still works...
not difficult to get generators and motors back online, so long as they don't depend on those rare chips
for sure, generators and diesel engines would become very valuable too
winding the wires of a fused generator is still gonna be infinitely easier to do that repairing a toasted IC
bitcoiners are a broad spectrum of intelligence... most of them are mids... you should have realised this by now
Hold my beer, I'm going opening a pc 'repair' store.
That's a relative question. Power grid down locally, nationally, or globally? And for how long? None of the scenarios would make it worthless. It is technically already worthless. It is just numbers on a line with nothing to back it up. It is just a supply / demand pump that only has secure store and movement of value while demand remains. Only things not worthless are things you actually need to live. You also don't need computers, chips, phones, gold, silver. On the other hand, food, shelter, water, heat, security ...
God forbid such an apocalypse