Powerpoint for Test Video #3 Catastrophic Currencies
The Essential Concepts Videos series will be hosted on a YouTube Channel CAVEAT MIND and stored on a website named Catastrophic Thinking, domain name essentialconceptsinc.com The first few videos will explain some of the underlying essential concepts which are used in CATASTROPHIC THINKING. This third introductory video will introduce catastrophism as applied to money.
There is much concern about money as a store of value, especially with inflation and the possibility of the collapse of governments which sponsor forms of currency. There has been speculation about the alternative form of cryptocurrency, which is not tied to a particular government. The problem with cryptocurrency is whether it can survive a catastrophe affecting the web and the electric grid. In a catastrophe a barter system may emerge which is not reliant on currencies of any sort. This video examines the forms of “currency” which emerge in a post-cataclysm world.