Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: NRx

What good is bitcoin if the electricity goes out?


6 posted on 11/11/2017 7:13:39 AM PST by PGR88
[ Post Reply | Private Reply | To 4 | View Replies ]


To: PGR88
What good is bitcoin if the electricity goes out?

I know! Right?

When the electricity goes out Bitcoin is like money in the bank.

9 posted on 11/11/2017 7:32:13 AM PST by SeeSharp
[ Post Reply | Private Reply | To 6 | View Replies ]

To: PGR88
"What good is bitcoin if the electricity goes out?"

The same good as the "money" in your bank account. Your bank account like bitcoin is really just an entry in a ledger that says you have "this much".

15 posted on 11/11/2017 8:33:32 AM PST by precisionshootist
[ Post Reply | Private Reply | To 6 | View Replies ]

To: PGR88

If a bitcoin is an electron it will always exist in some form.

Can a bitcoin be burned for heat?


16 posted on 11/11/2017 8:33:54 AM PST by Cold Heart
[ Post Reply | Private Reply | To 6 | View Replies ]

To: PGR88

“What good is bitcoin if the electricity goes out?”

or the Internet ...

the other day, our favorite local Shell station’s P.o.S systems were down, but they were still able to do cash transactions (which actually surprised me that they could do that.)


23 posted on 11/11/2017 9:25:35 AM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson