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To: ctdonath2
Premise of thread: “economy is screwed”. How big the gap where ATMs are down but Bitcoin isn’t? I suspect rather narrow

The difference is that when the power comes back on, your bitcoin will still be there. Your bank account, maybe not.

24 posted on 03/22/2021 10:32:58 AM PDT by JHL
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To: JHL

“when the power comes back on, your bitcoin will still be there. Your bank account, maybe not.”

Will it? What superpower does Bitcoin have that banks don’t re: grid-down resiliency? You realize Bitcoin only exists insofar as someone else can vouch for your coin on the blockchain, right?


47 posted on 03/22/2021 4:40:26 PM PDT by ctdonath2 (The claim of consensus is the first refuge of scoundrels.)
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