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Gold vs. bitcoin in the post apocalypse scenario

  • Wednesday, March 02 2016 @ 10:08 AM EST
  • Views: 7,239
Gold We try not to get too caught up in the post-apocalyptic-zombie apocalypse-Mad Max-SHTF type of scenarios when it comes to the question of money. Everyone should be prepared for unforeseen emergencies but it is not very healthy to be continuously living in a paranoid state. Some cash and precious metals should be good hedges against this type of scenario. One of the inherent values of gold, silver and many tangible assets is that people associate them with actually having an inherent value and this can be a good insurance policy against a financial collapse that makes fiat money worthless and / or sees a shutdown of the financial transaction system.

But what about bitcoin? Does it work in the financial collapse scenario or even worse, in a post apocalypse world? Consumer Affairs has created a cool little comic book / novel that explores just this type of gold vs. bitcoin scenario in their post apocalypse world.
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