Annie☕
· 4d
#asknostr #bitcoin
Can someone explain in terms the average person can understand, how Bitcoin transactions would continue to function during a power outage? I'd like to be able to defend this concept...
there are some ways to do it. but they require technical knowhow and at least some offgrid infrastructure. the bitcoin economy as a whole is largely dependent on the nation state powergrid, and an internet connection. two vulnerabilities that quite a few bitcoiners dont like discussing.
the way i personally view it, is bitcoin is a legitimate system alternative that is still tethered to the system. meaning, its very good in a variety of economic and geopolitical upheaval scenarios. but i wont be relying on it as a means of exchange in a grid down scenario.