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To: roving; All
What happens to Bitcoin if our power grid goes out?

As mentioned previously the same thing that happens to your bank accounts, pensions, 401K, VISA CC, etc.. Only Bitcoin is better than those in that when a few Bitcoin "nodes" come back online with a generator/solar, etc. Bitcoin transactions can resume. Many thousands of nodes...each one have a complete record of all Bitcoin transactions since 2009...I am running a node at my house....I have got you covered! ;-)

BTW: if your 2nd Q is "what if the Internet goes down"...the Bitcoin network has been established on HAM radio and satellite.

17 posted on 09/13/2024 9:57:05 PM PDT by Drago
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To: Drago

While the power grid is out, gold/silver remain gold/silver. Same for ICE automobiles.

When (not if) the grid power comes back, gold/silver remain gold/silver. Same for ICE automobiles.

When (not if) the grid power comes back, IRA/401k/Roth/stocks/bonds/BTC may come back. Any one or more may not come back.

Now, replace “grid power” with “SWIFT/FIAT/FED/IRS/Income-taxes”...


18 posted on 09/20/2024 5:35:17 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
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To: Drago

Post apocalypse will your local warload accept bitcoin as payment?

Think about it.

Then cash out and buy rice and beans and alcohol, tobacco and firearms.


19 posted on 09/20/2024 5:47:20 AM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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