Moving Money Out Of Stocks (1-16-2018)

[Poop Head]

I'm buying stock in the .308 variety

 

[TearsInRain]

Large companies are already using the technology it's not going anywhere. Hell ups plans on using blockchain technology in the near future.

Gold is an ok store of value it's terrible as a currency. If the fed falls apart people will need a currency. The only real answer to the problem at this point is crypto.

if the fed falls apart the economy is so beyond ed that crypto would be worthless and we’ll be trading in bullets and cigs

 

[Brownslave688]

what happens if computers fail

If every single computer fails? Yeah we got a lot bigger problems than what currency we are using lol

 

[Jkloc420]

If every single computer fails? Yeah we got a lot bigger problems than what currency we are using lol

exactly

 

[Brownslave688]

if the fed falls apart the economy is so beyond ed that crypto would be worthless and we’ll be trading in bullets and cigs

If it happened tomorrow I agree. If it happens down the road far enough that they've fixed the scaling problems with crypto it would be the quickest and easiest way to try and stop complete madness.

 

[Brownslave688]

exactly

Yeah you're talking about the fed falling apart and all of the computers failing but the stock market won't drop under 10k.


Yeah ok

 

[Jkloc420]

Yeah you're talking about the fed falling apart and all of the computers failing but the stock market won't drop under 10k.


Yeah ok

no im saying if all that happens it is good to have gold

 

[Brownslave688]

no im saying if all that happens it is good to have gold

Gold won't be worth crap either.


The problem is gold doesn't have a ton of uses.


What will be worth something would be skills and things we can barter.


Hey I'll trade you my cow for 2 hogs and 6 chickens. That type of thing.

 

[TearsInRain]

If it happened tomorrow I agree. If it happens down the road far enough that they've fixed the scaling problems with crypto it would be the quickest and easiest way to try and stop complete madness.

only if someone with a lot of firepower backed it

 

[Poop Head]

Gold won't be worth crap either.


The problem is gold doesn't have a ton of uses.


What will be worth something would be skills and things we can barter.


Hey I'll trade you my cow for 2 hogs and 6 chickens. That type of thing.

Humans like gold

 

[Brownslave688]

Humans like gold

This isn't 2000 B.C. Egypt

 

[Brownslave688]

Humans like gold

People aren't going to give up things pertinent to their survival for a chunk of gold.

 

[Brownslave688]

only if someone with a lot of firepower backed it

I'd say that depends on how much it's already used. Tons of places are now accepting bitcoin and such. Is it used much? No but if places are set up to use it that's all that really matters.


It would probably depend a lot too if it's a quick fall forthe fed or slow decline.

 

[IVE GOTTA PACKAGE 4U]

Humans like gold

And naked women

 

[Poop Head]

People aren't going to give up things pertinent to their survival for a chunk of gold.

Some will

 

[Brownslave688]

Some will

LOTS would for it to have a high value.

 

[badpal]

well there is always

if the fed falls apart the economy is so beyond ed that crypto would be worthless and we’ll be trading in bullets and cigs

Yeah a case of bottled water and porkn beans might get pretty valuable at that point.

 

[IVE GOTTA PACKAGE 4U]

well there is always
Yeah a case of bottled water and porkn beans might get pretty valuable at that point.

Alcohol!!

 

[Jkloc420]

well there is always
Yeah a case of bottled water and porkn beans might get pretty valuable at that point.

very true, can never have enough pork n beans

 

[Jkloc420]

Humans like gold

i like your thinking