Of Terror Attacks, Natural Catastrophe And Paperless Money: Why Digitally Liquidating Your Assets Is The Way To Go In Times Of Need
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With the onset of the Paris attacks last November 13 (coincidentally it was Friday the 13th) it was a horrible time as an act of terrorism caused more than a hundred lives lost. It was truly a sad and heartbreaking news but it also showed that humanity is with one another in supporting France against the act regardless of border and wherever across the world. Support came in various forms, famous landmarks across the world where illuminated in lights of red, white and blue; Facebook opened again its “marked safe” feature but the most notable action is that some brands and service actually offered their goods for free. This is notable in the sense that it’s a heavy act in support of solidarity, heavy because these companies disregarded profit just to help like Google’s Hangouts and Skype offered calls for free in France.

It is really bewildering, the economics of bouncing from a tragedy works? How does a nation plan for it? But most curiously in the micro levels, how does an individual prepare for it. Where do you start? Let’s face it, even people who are swimming in cash, can’t use this to survive a tragedy. And we mean this literally. You’ll need something more concrete and useful, because cash can only take you so far.

That’s why people are rallying the idea of a cashless society. Wherein all good are paid electronically, because in time of needs like this just swipe your smartphone, and you’ll have access to basic commodity come the aftermath. Liquidating assets into other useful forms like Bitgold will come handy in times of need because everyone has a smartphone (no need to save your wallet) and that everyone recognizes gold payments immediately as it is considered as a global asset. If you’re shipwrecked in the coast of Tunisia and is needing clothes you can just pay with a tap. Virtual currency comes handy in times of trouble.

The benefits of virtual/digital currency in times of natural calamities or chaotic incidents is regardless of electricity and you are assured as business that payment will be given to you and that you are generating income even in times of distress like this. But not just that, with platforms like Bitgold your are transacting in an age-old medium of currency but in a more reliable and highly technological platform that can withstand any unfortunate travesty.


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