To: precisionshootist
If the entire web is down, no transactions can be made because no miners to approve them so that hardware wallet is useless. Of course the entire banking system would be down too. That’s when you’re going to have to have cash and hope that people take cash. Else you better have something to barter. Gold, silver, lead & brass, food, water.
17 posted on
12/25/2021 2:43:46 AM PST by
Pollard
(PureBlood -- youtube.com/watch?v=VXm0fkDituE)
To: Pollard
Yep.
And the internet and the electric grid will go down.
It's just a matter of time.
18 posted on
12/25/2021 3:16:58 AM PST by
Eagles6
(Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
To: Pollard
How about Ivermectin for your bartering chip ???
23 posted on
12/25/2021 4:43:41 AM PST by
Baldwin77
(Democrats CANNOT win without violence and/or cheating)
To: Pollard
"If the entire web is down, no transactions can be made because no miners to approve them so that hardware wallet is useless. Of course the entire banking system would be down too. That’s when you’re going to have to have cash and hope that people take cash. Else you better have something to barter. Gold, silver, lead & brass, food, water."
Correct but your Crypto would still be secure. However it's unrealistic to think power would not be restored eventually if not you are likely talking about an extinction level event in which case no currency matters.
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