I’m curious this subs thoughts on the financial implications of storing Bitcoin for a SHTF event. I’ve seen people discuss holding other hard assets such as lower value silver coins and higher value gold coins, but IMHO, it also makes sense to hold at least some Bitcoin. Similar to small amounts of gold or silver held at home safely, Bitcoin is easy to self custody on a so called hardware wallet, it doesn’t have to be held on a centralized exchange (such as Coinbase) Assuming you have an internet connection, you’ll be able to pay for things in Bitcoin, and “carry” a potentially significant amount of value with you, which would be challenging with a large amount of gold or silver.
Bitcoin is volatile, but many believe the price will be higher “tomorrow” than today. And importantly, there are only 21 million total coins, compared to gold which continues to grow at 2% per year due to ongoing mining.
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