Hint: not Crypto
Some humor coming up, don’t take this seriously. Or maybe just a little bit.
Here I go.
Lose the crypto folks, it will soon be dust. Why? Because
Universal War is upon us
People! Universal War is coming up! You could have seen it coming since the sub-prime crisis in 2008. If that was not a wake-up call, then maybe the COVID Pandemic was? Global warming maybe? And now, the conflict in Ukraine? …
Universal War I tell ya!
A war following which no economy will be left standing. Dollars? Nada! Euros? Nada! Sterling? It was already doomed since the Brexit!
Crypto?
Nada!
Useless figures on virtual screens at some ex-central bank or defunct crypto exchange. Toilet paper at most.
The post-war currency candidates
So how will we buy bread in the aftermath of Universal War? Not with Crypto, that’s for sure. Ah! I see you coming! Guns you say? You’ve heard some smart ass saying that’s the most liquid currency in the world and you want to sound smart?
Granted, you can use one to get some bread. I doubt however you will be handing an AK-47 Kalashnikov to the baker, just like that, in exchange for a loaf. You will actually be pointing it at the lad and will leave with it and the bread. That’s no payment. That’s theft.
Armed robbery.
Unless you end up shooting something or someone in the bakery and think that lead is some sort of currency. You would have bought you bread with a bullet, that is if you are careless enough to leave the bullet or its casing behind. Come to think of it further, that is not payment either.
That’s first degree murder.
OK. We’ve established so far that guns are not currency in this new apocalyptic world. What is then? Gold you say? Indeed, gold would still amount to something in these dire times. However, would you be willing to hand the baker a gold coin in exchange for bread?
Hell no! Because “Sorry, no change”!
And you can bet the bloke will have a gun to enforce it.
The new currency
You need some tools. You need a metal grater. A steel file. Only then can you produce the exact amount of gold to pay for your stuff. Gold gratings. Gold dust. Like in the wild west back in the days.
If we take a shortcut, we might even argue that the actual currency will be the file. Gold becomes a proxy, for the real value is in the file itself. It does not even sound like a shortcut come to think of it. To me, it sounds like evidence. It is unescapable.
The new currency will be the steel file. Not gold. And definitely not Crypto.
Folks, let me give you an advice. A head start.
Storm hardware stores and stack up steel files.
You’ll thank me later. If you survive Universal War of course.
Now you might say it does not matter. Why stack up steel files when no one is going to stop you resorting to violence and guns for bread, in the midst of a total collapse of civilization?
In that case, I just hope we are not neighbors. I’ll stick to my steel files, hoping I have enough to grate for my daily bread. Sorry folks, I need to wrap this up. The hardware stores close at 8 around here and I have 7 more to visit.
Let the board sound
Rabih
The Idea Sounding Board 