The Prepper Journal Describes a prepper as “anyone who has observed recent history and the re-occurring disasters (both natural and man-caused) that have resulted in massive casualties and/or loss of like, and in consideration of lessons learned or stemming from such events coupled with the odds of the re-occurrence of any such events, takes appropriate and measured steps to deal with and/or survive any such events which may occur in their environment.”
Is it far-fetched to believe than that a community preparing for a collapse in law and order would be attracted to the decentralized power of cryptocurrency?
Investopedia describes cryptocurrency as the following; “A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
The power of a cryptocurrency is that it cannot be corrupted because of the underlying transparent digital ledger technology called blockchain. Blockchain provides a way to record and transfer data that is transparent, safe, auditable and resistant to hacking. The blockchain can make the organizations that use it open, democratic, decentralized, efficient and secure. Three key technologies combine to create a blockchain: 1) private key cryptography, 2) a distributed network with a shared ledger and 3) an incentive to service the network’s transactions, record-keeping and security.
Prepper + Cryptocurrency = Match Made In Heaven
Common threads in the prepper community and online forums are how to invest in cryptocurrencies, Bitcoin being the most widely known and largest market cap (tracking close to $140 Billion at the time of this article). Preppers mostly known for stockpiling gold or precious metal coins have now turned towards digital assets for another layer of financial security that is decentralized and peer to peer transferable.
One prepper community is launching their own ICO or initial coin offering with the creation of their own cryptocurrency to facilitate membership within their survival community Fortitude Ranch. Fortitude Ranch is a large survival community that can keep members spread out for virus protection with sufficient size to deter any raids as well as raise crops and livestock. Fortitude Ranch states they are fully equipped to survive any disaster and long-term loss of law and order, managed by full-time staff. Fortitude Ranch positions itself as an affordable option because of the size of their member base and leveraging economies of scale. Fortitude Ranch doubles as a recreation/vacation facility as well as a survival retreat to be enjoyed in good times for its members as well. They are located in remote locations in mountains and forests, ideal for hiking, fishing, hunting, and all types of outdoor recreation.
Fortitude Ranch (FR) CEO is Dr. Drew Miller, a retired USAF Reserve Colonel, and intelligence officer, with a Masters Degree and Ph.D. from Harvard University. Dr. Miller served in the Institute for Defense Analysis, the top DoD think tank, and in the Senior Executive Service in the Pentagon. A former Vice President at Securities America, Drew is currently Managing Director of Blockchain Business Consultants and CEO of FR. He has published articles and spoken at national conferences on significant threats we face today including bioengineered viral pandemics.
I asked Dr. Miller about his blockchain based cryptocurrency and how they plan on using that within the prepper community. “There is already Prepper acceptance of bitcoin as a more trustworthy currency and investment than fiat dollars after a collapse. What we are adding at Fortitude Ranch is several blockchain applications: first, ensuring that our membership database which we need to transmit regularly to our different locations is secure — so blockchain is ideal for that. We also plan to use Aragon, a blockchain governance, and voting application, so both our “Fortitude” token holders and our current members can vote on new locations for our expansion, which we are funding with revenues from this Initial MemberCoin Offering. And we are using the Ethereum blockchain and an ERC20 token that offers you not just a 25% discounted price on membership, but protection from price increases and priority to join Fortitude Ranch when we have a waitlist. During a major crisis or media reports on developing threats, demand for membership in FR will surge beyond our capacity, and the price of Fortitudes will likely spike since those who want to get in will need Fortitudes to have first place in the waitlist.”
This Initial MemberCoin Offering is poised to capture the prepper community attention and in turn, will provide additional locations for preppers to take refuge if there is a collapse.
Originally published at www.huffingtonpost.com on November 25, 2017.