Your comment presumes the grid will be off worldwide …
Blockchain is decentralized
In a power outage, you may not be able to access it - like atms
Premise of thread: “economy is screwed”.
How big the gap where ATMs are down but Bitcoin isn’t?
I suspect rather narrow.
Inflation requires velocity of money—and unless .gov plans monthly _big_ stimulus checks every month for years and rent and mortgage forbearance indefinitely, the velocity of money in this economy will remain at a stunning low level.
Poor people just don’t have money to spend, and they are most of the people in the US these days.
Meanwhile illegal aliens and mechanization will crush labor costs.
In addition, other countries are inflating their currencies like crazy, so the dollar remains the biggest boat in a sinking sea.
The world economy is in crazy unknown territory—eventually the whole thing will crash in an insane depression imho.
You may have a zero balance if someone along the chain clicks the wrong button intentionally or unintentionally.