The Importance of Prepping and How Bitcoin Plays a Role!

14/04/2024 10 min Temporada 1 Episodio 80
The Importance of Prepping and How Bitcoin Plays a Role!

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Episode Synopsis

Hey Sats Crew, It is important to be prepared in case something bad happens domestically. Whether it is an earthquake, tornado, EMP, or something worse - it never hurts to be prepared and have a plan of action, alongside resources, food, and water. In today's podcast, I talk about what I am doing and why it's good to have options during these times. Specifically, I go over important points like: Living in a point in time where tensions have never been higher and polarization has never been widerDiscussion of extreme preppers & what makes many people’s eyes rollA variety of things can happen earthquakes, tornados, EMPs, nukes, viruses, oil supply shocks, and much moreWorst case you have some food/water supplies ready if you need itIn the best case you can survive long enough to find a new home if yours goes underMany preppers are gold and silver bugsI question many of you to question Bitcoin as a role in your preppingWhat if your bug-out isn’t in the U.S., how do you move your value with you?What if extreme hyperinflation hits, how do you protect yourself? Bitcoin isn’t immune to EMPs or Nukes, but it does allow another way to hedge your bets on the insolvency of the U.S. alongside mitigating disastersPrep across all areas - not just money… Also, don’t just look at money, look at tangible goods as well.Overall, these are some of my thoughts and plans when it comes to prepping. Do you have opinions in regard to prepping? What are you doing to prepare? Best Regards,SatsMateAuto Insurance in the U.S: https://www.cnbc.com/2024/04/11/why-car-insurance-costs-are-skyrocketing-leading-to-higher-inflation.htmlBitcoin Buys: https://invite.strike.me/2MSTYGFinancial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investmentBitcoin, Financial Education, Federal Reserve, Gold Prices, Silver Prices, Bitcoin Prices, Macroeconomics, Financial Literacy, Debt Management, Personal FinanceSend us a textSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

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