Will Crypto-Currency Survive a Third World War and Electronics Infrastructure Destruction?

I learned a bit about crypto currency. Not sure what Milton Freedman would have thought about it. One of the down sides is that with large emp blasts or a future global conflict it might not survive. It really is a floating currency and secured electronically. Quantum computers may change the security of crypto as well.

I don’t do stocks or even monetary policy things since my interests are more along the lines of ‘invest in heaven where flame and moth don’t corrupt‘ lol. There was a philosopher- one of the Diogenes, who was a cynic and eschewed possessions. Laying on the ground in the sunshine the story goes that Alexander the Great walked up to him and said; ‘I will give you whatever you like, teach me your wisdom. Diogenes looking up at Alexander reportedly said-‘Move aside, you are blocking the sun‘. I am not a cynic, yet the moderate approach to possessions and value theory (the philosophical field of axiology) is something I do have an interest in.

With 40 trillion dollars of public debt some feel the economy will crash in a year or 10 and the U.S. government will go bankrupt. The rich and many others will have invested in crypto and feel independent of the dollar’s devalue- and making it difficult to recover from the probable depression with no capital available for pump priming the economy.

Social Security is supposed to run out of solvency in five years requiring cuts. If only those in the upper 50% were cut that might not be painful too them exceed for their pride in prosperity being slapped. If they cut the bottom 50% by as much as 25% that is likely to cause real pain for those relying upon it as their sole source of income. Americans being the way they are these days are unlikely to tolerate just the prosperous being downgraded 25% and will insist the poor suffer too- since the prosperous tend to feel it is their money, rather than social income insurance to keep Americans out of dire poverty.

I believe that with the mention in the bible of God not favoring those people that trim the poor, the prospects for national recovery may be even worse than is necessary after decades of irrational exuberance in regard to tax cuts for the prosperous.