Bitcoin and Doomsday Preppers — Would Crypto Have Any Survival Value If SHTF?

As so-called “doomsday prepping” grows in popularity thanks to news of coronavirus lockdown in Chinese cities, red flag gun laws and rampant Fed stimulus in the U.S., preparedness enthusiasts are asking about the viability of bitcoin in a SHTF situation. From cautious, light investor, to vehement denigrator of the “NSA-created surveillance money,” there is no shortage of opinion. Still, as there are various possible scenarios, a one-size-fits-all proclamation doesn’t seem to work. Turns out, when it comes to money, what has survival value is ultimately a community affair.

Also Read: Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President

Prepping: A Sensible Practice in the Current Climate

Preppers often get a bad rap in pop culture, laughed off as tinfoil hat-wearing, conspiracy theory-addicted alarmists. But to anyone who is paying attention to world events or has read a history book,…