Quote of the Day
Bitcoin goes off with the electricity. I still have bullets and beans.
MTHead
February 5, 2026
Comment to Loss of Faith
And if the greenback value goes to zero you will still have tinder for starting a bonfire.
The View From North Central Idaho
Ramblings on explosives, guns, politics, and sex by a redneck Idaho farm boy who became a software engineer living near Seattle.
Don’t discount the value of greenbacks as a TP substitute.
You beat me to it!
True.
But it’s much wiser to use them today to buy baby-wipes.
Which God himself must have invented, as they are such a blessing to mankind.
Side note;
Beware of weather conditions and baby-wipes.
There is little worse than after having made a “dump run” than discovering it’s -10 out, and your wipes are frozen solid. (Don’t ask how I know.)
Dump ice out ice chest and put a pot of boiling water in
When the electricity goes, then it’s time to start canning what’s in the freezer.
I would think a Bitcoin collapse would strengthen the dollar, since people would be more likely to hold onto their money than to return to their vomit by making risky investments.
Have you met people? 😉
not so sure that US paper currency burns well enough for starting fires.
I thought we weren’t supposed to kindling containing plastics or odd chemicals … For which greenbacks certainly qualify.
I had a friend recently push me to buy more gold and silver.
I pointed out that for the cost of 1 ounce of gold, I could buy over 20,000 rounds of 9mm or over 10,000 rounds of .223 and that either was both a better buy and long term more useful than gold.
The discount when reselling for cash will be greater. I can sell gold or silver for 2% below spot. What would ammo resale discount be?
I usually sell ammo at 20% or more above my cost to people who want to pay cash and who don’t want the paper trail of ordering online. If I need to liquidate fast, I know people who will take a deal anytime and I can still make a small profit.
I do it regularly; I’m a small FFL, so I buy at wholesale prices, and I’ve got regular customers who buy from me in bulk. With ammo prices going up again, and demand picking up due to the riots, buying now is a good investment.
Long term, there will always be buyers for ammo, especially if things get worse (though at that point I’ll need to be careful who I sell to). There will be times when there won’t be buyers for gold, or you won’t want people to know you have it.
Depends on the circumstance. Normal times, your analysis works but don’t get trapped in nomalcy bia.
That’s reasonable.
The one advantage the Dollar has over Btc…it can be used as toilet paper.
Pingback: Instapundit » Blog Archive » YES, INDEED: Bitcoin, Bullets, Beans, and Bonfires.
So when the .bots send a rentahuman.ai after you to get your gold and you have to bug out…?
Maybe that “held on the blockchain” has some merit.