Thinking more about the government than the individual, I probably misread your OP. 

I don't think it is too late for individuals to hedge. I'm hoping it isnt. There's still so many people (and so much value) that is seemingly unaware of the increasing water temperature. I don't believe they will all are just shit out of luck.

When will they be and how will we know? It seems to me that it will still be quite some time. But I bet it will make overpriced pokemon cards and million dollar jpegs look reasonable.

Scoresby

I am more wondering what might be a sign that hedging against this slow methodical death through buying hard assets like bitcoin becomes futile.

Maybe its too simple a framing, but I guess I'm asking how can we know when the train has left the station, so to speak? I don't think you are necessarily saying that has already happened.

AskSN

What's the signal that it's officially too late for fiat?

billytheked

I am more wondering what might be a sign that hedging against this slow methodical death through buying hard assets like bitcoin becomes futile. 

Maybe its too simple a framing, but I guess I'm asking how can we know when the train has left the station, so to speak? I don't think you are necessarily saying that has already happened.