I will be a contrarian here and claim that cryptoasset valuations will skyrocket in SHTF scenarios. They are intangible, easily transferable, and are in most part very private. As an example, read the following article about white population in South Africa:
https://news.bitcoin.com/south-african-g...certainty/
"The popularity of bitcoin appears to be continuing to grow in South Africa despite the recent declining performance of the leading cryptocurrency.
As of this writing, South African Google searches are the highest in proportion to the size of searches generated by high search-volume nations, with the average number of monthly South African searches for “bitcoin” over the last 12 months currently estimated at between 100,000 and 1,000,000. South African peer-to-peer bitcoin trade volume also appears to be rising, with weekly rand-value of localbitcoins trading exceeding 20,000,000 (approximately $1.7 million USD) for the first time since January this past week."
The communist regime can take away your personal and real property but won't be able to do so with your cryptoassets. With less volatility, cryptoassets will become the safest place to park your capital. They can seize everything they can lay their hands on.
https://news.bitcoin.com/south-african-g...certainty/
"The popularity of bitcoin appears to be continuing to grow in South Africa despite the recent declining performance of the leading cryptocurrency.
As of this writing, South African Google searches are the highest in proportion to the size of searches generated by high search-volume nations, with the average number of monthly South African searches for “bitcoin” over the last 12 months currently estimated at between 100,000 and 1,000,000. South African peer-to-peer bitcoin trade volume also appears to be rising, with weekly rand-value of localbitcoins trading exceeding 20,000,000 (approximately $1.7 million USD) for the first time since January this past week."
The communist regime can take away your personal and real property but won't be able to do so with your cryptoassets. With less volatility, cryptoassets will become the safest place to park your capital. They can seize everything they can lay their hands on.