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I don't understand this. That is, if you have $1B, I think you'd be a lunatic to not spend $20M in "insurance". Why wouldn't you "prep"? I'm not rich, but I

by b112 7mo ago

I don't understand this. That is, if you have $1B, I think you'd be a lunatic to not spend $20M in "insurance". Why wouldn't you "prep"? I'm not rich, but I live in rural Canada. So I have the possibility of being cut off from power, and during intense storms days or even weeks. I have 6 months of canned food, the logic being that I may have company, or I may need to care for my neighbours during time of need. And if there's no power (heat), your daily intake of food can double or triple. So I buy canned food on sale, save money, and also have insurance. It's saving me money by buying in bulk on sale. Do I think I will be cut off for weeks? No, not really. But it can happen, and yet this costs me nothing except pondering what I should do. It's just sensible. Just like when one buys insurance, you don't plan to have your house destroyed, but you buy house insurance, because it can happen. So I really see no evidence of "knowing something will happen" or even "expecting it to", when I see someone with millions of dollars in spare cash, buying insurance. In fact, if you have $1B, and no 'escape plan', what the hell is the money even for?! I'd think ensuring your future would be a big part of it a good use case, right?

culi 7mo ago
Did you not read this part? > “How do I maintain authority over my security force after the event?” The paragraph that follows that says: > This single question occupied us for the rest of the hour. They knew armed guards would be required to protect their compounds from raiders as well as angry mobs. One had already secured a dozen Navy Seals to make their way to his compound if he gave them the right cue. But how would he pay the guards once even his crypto was worthless? What would stop the guards from eventually choosing their own leader?
- b112 7mo ago
  Yes, but what does that have to do with anything? If you can make a compound, then of course you're worried it will be taken from you in times of stress or unrest. Why wouldn't you? What's the point of making it, if it can be taken away? Disaster planning, security planning in fact, means taking into account all aspects of the scenario. This is a valid question.

by b112 7mo ago

culi 7mo ago

Did you not read this part? > “How do I maintain authority over my security force after the event?” The paragraph that follows that says: > This single question occupied us for the rest of the hour. They knew armed guards would be required to protect their compounds from raiders as well as angry mobs. One had already secured a dozen Navy Seals to make their way to his compound if he gave them the right cue. But how would he pay the guards once even his crypto was worthless? What would stop the guards from eventually choosing their own leader?

b112 7mo ago
Yes, but what does that have to do with anything? If you can make a compound, then of course you're worried it will be taken from you in times of stress or unrest. Why wouldn't you? What's the point of making it, if it can be taken away? Disaster planning, security planning in fact, means taking into account all aspects of the scenario. This is a valid question.