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Financial Self-Sufficiency in Times of Trouble

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@evernoticethat
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Just over a year ago the world changed. The long-ignored warnings of grizzled preppers, finally came true. I was lucky enough to grow up in a family with a grandmother who taught me to never rely on government when the STHF. This strong woman, always had at least a six month supply of food available, stored water and enough candles to choke a horse. "You never know when the lights might go out, and stay out" she'd exclaim. "Best be ready!"

Stimulus checks? Nah, as far as she was concerned, you needed to have access to your own funds, not under someone else’s control. There was money stashed away in at least six different locations "just in case." This must have been the only person I know who also had currency, coins and anything else she could barter, buried under her tomato plants in the backyard. Today, she'd likely have a hardware wallet and her seed phrase etched in steel and hidden inside a hollow book underneath the floorboards, in six different places...

I learned what a "bank holiday" was from her, and it always stayed with me that the banks could limit how much you could withdraw in an emergency, but they could also freeze ALL withdrawals. Imagine having money and not being able to access it! Self sufficiency was hammered into my brainstem as I was growing up.

When the lights went out in Texas, that should have been a wake-up call to the people of the lone star state and I'm sure it was for many. Are you prepared if everything went dark? If you couldn't generate funds, how long could you survive without money coming in?

A year ago, we saw empty shelves and people fighting over toilet paper. Instead of anticipating of anticipating the arrival of the virus over here, many seemed to wait for the government to tell them what to do. I was actually reviewing my contingency plans in case there was civil unrest, so I could get the hell out of dodge. Recalling the shortage of quarters, it dawned on me that dollars could one day be limited at ATM machines. All of this has caused me to remember the lessons I learned from my grandmother and to take nothing for granted.

Those of us in the cryptocurrency sphere, have already built a parallel system, a virtual economy which may end up being the building locks to rebuilding society in the event of a global calamity. Today, my relative would have crypto salted away along with her fiat currency. I'm so glad I ignored the naysayers and got into crypto at the dawn of Bitcoin. Grandma was right, you've got to be able to stand on your own two feet and be able to support yourself, in times of trouble.

Thank You So Much!

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