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Some people are curious about prepping because they want to be more self-sufficient, while others may be considering this lifestyle to ensure their survival during more difficult times.

If you are worried about where to get supplies after your stockpile runs out when SHTF, you can try to learn more about bartering and the basics of trading in a post-collapse world.(h/t toTheOrganicPrepper.com)

The tips and information below come fromSelco Begovic, a man who survived one year inBosnia when his city was blockaded.

Begovic hails fromthe Balkan region, where residents struggled with harsh living conditions from 1992 to 1995. He lived there and survived for a yearin a city without running water, food distribution,electricity, fuel or supply of any goods.

The area also did not have any organized law or government.

While the information below is from an interview conducted in 2018,the topics discussed are still relevant for preppers or those who want to start prepping in 2023. Bartering after city lockdowns

According to Begovic, people started bartering weeks after the city was locked down. He added that ordinary folks only started bartering after several weeks went by because they did not immediately realize the severity of their situation.

As he tried to remember more about that time in his life,Begovic added thatthere were people who did not want to take money for goods. Instead, they asked for valuables like gold, jewelry or weapons for the items that they had wanted to trade with.

Some of these peoplewere smart enough to realize that money was going to become worthless soon.

Even valuables, such as gold and jewelry, were only good in the first period, and you would only benefit from themif you had a connection to the outside world to exchange them for something useful.

Ordinary people needed several weeks to get used to their situation, said Begovic. The process went from buying goods with money to buying goods from people who still accepted money but at outrageous prices, to the moment when money was worthless and people only accepted goods for other items.

While rare,Begovic said you could sometimes find someone who would sell you something for foreign money, but with at least 20 to 50 times higher prices. To illustrate,if a pack of cigarettes costs around 1.50 German Marks outside the war region,Begovic could buy that pack for 40 German Marks.

US dollars and Canadian dollars had even worse value. Thepeople who would accept that money had connections to the outside world, and some of them became millionaires because of that, said Begovic.

The same ratio was for precious metals and jewelry.For small and quick trades, the usual currency people used was cigarettes because of the large percentage of smokers in the area.

Sometimes, people would trade bullets.(Related: SHTF bartering must-haves: 13 Things that will be in demand after an EMP attack.) How to determine the value of trade items and setting terms

Begovic said nothing was fixed. During the lockdown,the value of goods went up and down based on different factors.

If aUnited Nations (UN) food convoy was able to enter the city and a local warlord took it all, which Begovic said happened often, and the majority of the food was canned fish, within that month those types of canned food would be cheaper than the month before.

In other cases, if U.S. airplanes managed to “hit” with airdrops in their area, then meals, ready-to-eat (MREs) were going to be cheaper.

Begovic also said once a rumor was planted by rival groups, such as rumors about “poisoned” cans of cookies, people did not value such items highly anymore.

However, some things did not change value too much during the whole period, such as alcohol, because it was available. The value of other things was a matter of the situation.

If your child was sick andyou needed antibiotics, once you spread the word, you can expect high prices because you gave out that information.Begovic added that usually, peopleknew the value of goods for that week, at least approximately.

The value of things and trading rules “on the ground” were similar to trade rules at normal life flea markets, said Begovic.

Some of those rules on the ground during trading were: If you need something, the price is going to increase. Begovic advised that it’s best not to look like you desperately need something to avoid this. You shouldn’t offer everything you have in “one hand” or on one try. Don’tgo to trade with your best items altogether because you will seem desperate, and you are losing the advantage. Don’t give someone a reason to take the risk of attacking you because you have too many desirable items or too many things with you. Before meeting up with someone,Begovic advised that you should only bring a set amount of food or ammo. If you need more items, do another trade at another time with more of your items. Always remember that people will take chances if they calculate it is a risk worth taking. Do not volunteer information abouthow much of the goods you actually have at home to avoid any incidents. Do nottrade at home, unless you trust the other person completely. This is important, especially if you are trading with someone you don’t know that well. Agreeing to trade at another person’s home might mean that you are at his “playground,” or he is stupid, and you are losing the advantage. Do not take the risk of trading on unknown terrain. Try to choose neutral ground where you can control the situation and give the other person the chance to feel safe, but not safer than you.

Begovic said the mostimportant thing to do is to understand that when SHTF, the only thing that protects you from losing everything is you.

Trade will require careful planning. Start with information about a person who has something you need, then check and double-check that information.

Communicate with him, then send information to let him know that you want to trade. Clearly set the terms about the place and number of people where you’re going to do the trade.

Usually, there would be rumors or information about who was safe to trade with. Begovic said there was also information about people who like to scam others during a trade.

If you completed a beneficial and fair trade with someone, remember him as a safe trader for future trade. The restis a matter of trust and your skills.

If you live in a nice town,Begovic said you might have access toa market where people can freely exchange their goods.

However, he never witnessed anything like that in Bosnia because a market like that requires an efficientsystem to back it. Bartering when SHTF is a high-risk situation because it is about resources, and there is no law or system in place to protect you and others. Skills vs. items

In the long run, Begovic said skills were more valuable because you can not “spend” your skills.

If you had medical skills, you could expect that over time, people would know about them through the word on the street. After SHTF, you will have different opportunities to get something for that skill.

After an SHTF event, skills for repairing would be valuable, along with technical skills. Begovic added that skills were safer to trade because if someone attacks or kills you, they still can’t take away your skills.

If you raise animalson your homestead, you can trade eggs, dairy or meat for other items that you need. With a home garden, you can trade fruits and vegetables for other pantry staples like flour or cooking oil.

Before SHTF, learn the basics of bartering so you can find more supplies before your stockpile runs out.

Watch the video below for tips on how to color-coordinate your pantry.

This video is fromThe Urban Prepper channel on Brighteon.com. More related stories:

Prepping for collapse, famine and nuclear war: 12 Tips that will help you be more resilient when SHTF.

Staying under the radar: Tips for efficient stealth prepping.

Prepper skills: How to barter effectively after SHTF.

Surces include:

TheOrganicPrepper.com

SHTFSchool.com

SurvivalFrog.com

Brighteon.com
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Technology

Bitcoin is down nearly 30% from its record high — history shows that’s normal

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Bitcoin is down nearly 30% from its record high — history shows that's normal

Justin Tallis | Afp | Getty Images

Bitcoin‘s more than 30% drop from its record high underscores the volatility that has come to characterize the cryptocurrency.

Moves from previous cycles not only show how the current price swings are all part of bitcoin’s normal operating pattern but also how they may often precede a rally, according to figures compiled by CoinDesk Data for CNBC.

Bitcoin, the world’s largest cryptocurrency, dropped to a low of around $80,000 late last month before staging a rally and falling again this week. When bitcoin dropped to under $81,000, that represented an approximately 36% fall from its all-time high of around $126,000 hit earlier in October. As of Thursday, bitcoin was trading at over $93,000, according to Coinmetrics, a roughly 26% decline from its record high.

These price swings may seem large but they are normal in relation to bitcoin’s history.

Bitcoin’s price movement is often referred to in “cycles.” Generally, the bitcoin cycle refers to a four-year pattern of price movement that revolves around a key event known as the halving, a change to mining rewards that is written in bitcoin’s code. While there are signs that the typical timing and patterns of the cycles could be changing, the range of price movements appears to be consistent.

In the current cycle, bitcoin has already weathered a 32.7% pullback from March to August 2024 and a 31.7% decline between January and April 2025, according to CoinDesk Data.

“Looking at previous cycles, volatility of this magnitude appears consistent with long-term trends,” Jacob Joseph, senior research analyst at CoinDesk Data, told CNBC.

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Bitcoin’s ups and downs can be seen across its history.

During the 2017 cycle, there were drawdowns of around 40% twice that year and then a 29% decline in November before bitcoin reached a new record high in December.

Looking back at the 2021 cycle, bitcoin recorded declines of 31.2% in January that year and 26% in February. There was a more than 55% correction between April and June 2021 as China banned bitcoin mining. The asset then rallied to a new high in November that year.

“While deeper mid-cycle corrections have certainly occurred, nearly all of them — aside from the mining-ban-drop in 2021 — took place within a broader bullish structure, often holding above key technical levels such as its 50-week moving average,” Joseph said.

What has driven market moves?

Beginning Oct. 10, more than 1.6 million traders suffered a combined $19.37 billion erasure of leveraged positions over a 24-hour period. Many traders were forced out of their positions and the impact of that cascaded across the industry.

That effect is still being felt, according to Lucy Gazmararian, founder of Token Bay Capital.

“[It was the] biggest liquidation event in crypto’s history and that takes quite a few weeks to see the fallout from that and for the market to consolidate,” Gazmararian told “Access Middle East” on Thursday.

“It also coincided at a time when there’s a lot of concern that we are reaching the end of a bull market … so that has increased the levels of fear out there in the market.”

Cryptocurrency outflows are a sign of a 'healthy, functioning market': Analyst

In the past, when the bull market ends and there is a period of depressed prices, often dubbed a “crypto winter,” bitcoin has tended to sit 70% to 80% below its all-time high. This has not yet happened. But concern about this coming to pass is weighing on investors’ minds.

“Really the timing of the drop, where we are in the cycle, that’s making investors cautious in case we do see that 80% drop,” Gazmararian said.

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Meta faces Europe antitrust investigation over WhatsApp AI policy

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Meta faces Europe antitrust investigation over WhatsApp AI policy

Meta has been hit with an EU antitrust investigation over its use of AI features in WhatsApp, as the European bloc continues to ramp up challenges to US big tech giants.

The probe will examine whether Meta’s new policy on allowing AI providers’ access to WhatsApp may breach EU competition rules, Brussels said in a statement Thursday morning.

A new policy announced by Meta in October prohibited AI providers from using a tool allowing businesses to contact customers via WhatsApp when AI is the main service offered, the European Commission said.

While businesses may still use AI tools for functions like customer support, the bloc was concerned the new policy might “prevent third party AI providers from offering their services through WhatsApp in the European Economic Area (EEA),” it added.

“The claims are baseless,” a WhatsApp spokesperson told CNBC in a statement, adding that the app’s application programming interface (API) was not designed to support AI chatbots and “puts a strain on our systems.”

“The AI space is highly competitive and people have access to the services of their choice in any number of ways, including app stores, search engines, email services, partnership integrations and operating systems,” the company added.

It comes months on from the Commission fining Google 2.95 billion euros ($3.45 billion) for breaching antitrust rules around online advertising. In April, Apple was fined 500 million euros after being found to have breached anti-steering obligations. The same month, Meta was hit with a 200 million euros fine for breaching obligations to give consumers the choice of a service that uses less of their personal data.

Fines for breaking the EU’s antitrust rules can reach as much as 10% of a company’s annual revenue. There are no dates set for the antitrust investigation to close, but previous cases have run on for years.

“We must ensure European citizens and businesses can benefit fully of this technological revolution and act to prevent dominant digital incumbents from abusing their power to crowd out innovative competitors,” said the bloc’s Commissioner for Competition Teresa Ribera.

The investigation will cover the entire EEA apart from Italy, to avoid an overlap with its own ongoing proceedings for the possible imposition of interim measures concerning Meta’s conduct.

U.S. President Donald Trump has previously threatened the EU with an investigation that could lead to tariffs for imposing fines and regulation on the country’s tech giants.

“As I have said before, my Administration will NOT allow these discriminatory actions to stand,” he said following the EU’s Google fine in September.

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UK

Number of flu patients in hospital beds across England rises by more than 50%

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Number of flu patients in hospital beds across England rises by more than 50%

The number of flu patients in hospital beds across England is more than 50% higher than the same period in 2024, according to NHS data.

A record average of 1,717 patients were in beds in England each day last week, including 69 in critical care.

This is an increase of 56% for the same week in 2024, where the total was 1,098, with 39 in critical care. The number is also higher than 2023, when there were an average of 243 flu patients, and 2022 with an average of 772.

On 30 November, there were 2,040 flu patients in hospital beds across England, which is a sharp rise of 74% from the same day in 2024 with 1,175, which was already the highest on a single day since 2021.

This year’s flu season started earlier than usual and has yet to reach its peak, meaning pressure on hospitals is likely to grow in the run-up to Christmas, when ballooning flu cases are set to coincide with industrial action, which could see thousands of resident doctors walking out.

National Medical Director for Urgent and Emergency Care, Prof Julian Redhead, warned: “Today’s numbers confirm our deepest concerns: the health service is bracing for an unprecedented flu wave this winter.

“Cases are incredibly high for this time of year and there is no peak in sight yet.

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“The NHS has prepared earlier for winter than ever before, but despite that we know that ballooning flu cases coinciding with strikes may stretch our staff close to breaking point in the coming weeks.”

The number of flu jabs administered so far is similar to the years before, with the NHS administering 16.9 million flu vaccinations across England between the start of the NHS’s autumn vaccination campaign and the last week of November. This compares to 16.6 million last year and the year before.

Packed waiting rooms are ‘groundhog day for the NHS’

“I thought the end was near, I’ll be honest. The thing is, every time you breathe, there’s the sharp pain. And so you’ve got to breathe obviously and it was just giving so much pain.”

These are the words of a patient on Ward 23, the Royal Preston Hospital’s specialist respiratory unit.

Paul Mather thought he was going to die. Still struggling to talk, he wanted to express his gratitude to the NHS doctors who were keeping him alive.

And tellingly, one of these NHS doctors said to me: “It’s groundhog day for the NHS.” ED consultant Michael Stewart was standing in the middle of the same hospital’s emergency department.

It was heaving with patients. Every bed, bay, chair taken. Patients in trolleys lined up in the corridors. The waiting area is packed with people.

And this was on a Tuesday morning. The temperature might be relatively mild, but winter has well and truly arrived for the NHS.

Health leaders were already bracing themselves because all the early indicators from the southern hemisphere’s flu season suggested ours would be challenging.

And the figures from the first winter situation report prove that to be the case.

There was an average of 1,717 patients in a hospital bed every day last week because of flu, the highest on record for this time of year. Cases were ten times higher than in the same week in 2023 (160), and more than 50% higher than last year (1,098).

And worryingly, there is no sign of infections peaking.

About half, 8.4 million, were administered to adults aged 65 and over, which is comparable to the number of jabs in the last year and the year before at 8.3 million each during the same period.

The NHS is handling a higher volume of 111 calls, receiving 11,338 more calls last week than in the same week in 2024.

Ambulances handed over 99,000 patients at hospitals last week, which is 4,500 more than in the same week last year.

The number of patients waiting at least 30 minutes to be handed over to A&E teams after arriving by ambulance at hospitals in England is slightly lower than last year, at 30% compared to 36% in the equivalent week in 2024.

About 10% of ambulance handovers – corresponding to 9,580 patients – were delayed by more than an hour last week, compared to 16% the year before.

The overall percentage of available hospital beds is on par with previous years, but it is still below the target of having 8% available beds – or a maximum of 92% occupied beds – as set out in the 2023/24 NHS guidance.

Meanwhile, an average of 261 hospital beds in England were filled by patients with diarrhoea and vomiting or norovirus-like symptoms last week – last year, there were 751 at this point.

The figures have been published in the first of this year’s NHS winter situation reports.

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