Economic collapses tend to happen in the Spring or Fall. I have know idea why….

We should be good to building up our stockpiles of stuff and learning new skills, gardening or whatever for the next 4-5 months.  I have no idea why that economic collapses or war tend to happen in Spring or Fall but historically speaking it is true.  While I would not trust history on average any economic collapse should happen in mid March through April and then late September through the end of November.

Preppers playing with BITCOIN.  I have no problem with any speculating with any product.  Honestly I wish I had got I had got in early with Bitcoin as I could have built up some bank and bought gold or silver.   But I would have been gaming the system or following the latest fad.  I think Bit coin has great potential as an alternative currency.  But why would I trade one FIAT (make believe)  currency for another make believe currency that is totally dependent on the internet staying up?  The electrical system staying viable?

Bitcoin miners are literally have PCs crunching numbers/block chains to create more bit coins.  They are not adding value to the economies of the world.  They are not reducing debt in any significant way.  To me Bit coin speculation  is no more than the Tulip bubble of the late 1600’s.  I have tulips in my garden and the colors of purple, red and yellow are great!  You can’t eat tulips. Plus I can share the bulbs!

What is a Bit coin? What it is its value for buying something tangible.  Now if you get some tangible value from trading digital electrons. Good on you!

4 Responses to Economic collapses tend to happen in the Spring or Fall. I have know idea why….

  1. Randy says:

    Jamie,
    BawHahaHahhaHA! I was just saying the EXACT same thing to a friend two weeks ago when asked about Bitcoin! Tulips. Historically, the past really does repeat itself…wait and see. You and your mom are far wiser to put your money in fertilizer than to lose it in bullshit.

  2. Jamie says:

    Randy you can “turn a phrase”. Bit coin seems like a “sketchy” quick rich scheme at best. Many people have ran a Bitcoin and then escape with all the goods. I suppose investing in any Ponzi scheme is profitable if you get out before it blows up.

    Anne Barnhardt said ” If you cant stand over it with a rifle. You don’t own it. With ownership and possession of a physical object you have at least 9/10 ths of the law on your side.

    If things go sideways when you need something to barter, sell or trade. you can’t because BitCoin is dependent on the grid. Things go really sideways there is no grid.

    • Randy says:

      “Anne Barnhardt said ” If you cant stand over it with a rifle. You don’t own it. With ownership and possession of a physical object you have at least 9/10 ths of the law on your side.”

      In total agreement! …Now, I get to start on the wood today…snow is almost off the ground. We use 10 to 12 cords of wood to heat..ugh! work, Work, WORK!!! Have a great day ahead!

      • Jamie says:

        Randy: UHHGGG! I was whimpering about just stacking a couple of cords and maybe adding another couple of cords is August or September.

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