A short story. 🔌
1 - A family in a poor country buys 100 #Bitcoin for $10K to preserve their savings.
2 - The local regime shuts off the power for 6 mo to clamp down on the pop. Somehow, the family survives.
3 - #Bitcoin gradually ascends to $30K+ over the course of a decade.
This is always the most smoothbrained take. "What is your Bitcoin worth if society collapses into total chaos?"
Do these people know how ridiculous they sound? What is Apple stock going to be worth if superpowers start throwing nukes around?
The correct answer is: (a) preparedness is necessary for contigency situations involving war or despotic regimes and (b) that doesn't mean you should neglect your long term purchasing power.
This short story illustrates that the family was able to preserve their savings best by relying on #Bitcoin despite their temporary challenges with their shitty gubberment.
