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To: ProfessorGoldiloxx
“My only real problem with crypto is that if the power ever goes out (like for good) your ‘wealth’ is locked on hard drives.“

Your 401k, IRA and your savings account are exactly the same. However with Crypto you can easily protect from this problem with a hardware wallet like Ledger.

5 posted on 12/24/2021 11:02:25 PM PST by precisionshootist
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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)
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