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To: Vermont Lt

When the lines go down bitcoin ceases to exist.


31 posted on 10/27/2017 8:07:43 AM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman
When the lines go down bitcoin ceases to exist.

Not entirely true. The bitcoin exists, but cant be traded without power. Direct phone to phone transfer is possible and does not require a middle man like a bank. It is POSSIBLE that in a disaster where self electrical generation is possible (solar, diesel, genset, etc) that bitcoin might be the ONLY means of transaction due to the limited availability of cash.

38 posted on 10/27/2017 1:51:11 PM PDT by taxcontrol (Stupid should hurt)
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