So, a civil war breaks out. The bullets are flying around, and you'd better leave right now.
If you have valid financial assets, you will be treated like a king in the place where you will find refuge. If you are destitute, you will most likely be treated like a cockroach.
So, your future life depends on the nature of your financial assets:
- Real estate. Worthless in a war zone.
- Stock, bonds. Same. Worthless.
- Local cash or bank accounts. Same. Worthless.
- Foreign cash or gold. Will get confiscated at the border. Pointless.
- Foreign bank accounts. Risky. Ask the Russians. They may get frozen.
- Foreign real estate. Quite safe but not liquid.
Bitcoin (or possibly alternative cryptocurrencies) stands out as the one financial asset that you can count on as a refugee.
Being a Bitcoiner will turn you into a king. Being a nocoiner will turn you into a despised cockroach. You simply cannot weather the storm if you have no coins. You will not be able to.
Nocoiners are people who are accidents just waiting to happen. They cannot handle any serious adversity.
Every war, every crisis, every calamity, anywhere on the planet, makes Bitcoin more valuable.