Agree ^^^ it's the same ridiculous argument over and over. Doubters miss the whole point of Bitcoin. All cryptocurrency is not the same. But, take time to understand what Bitcoin stands for and everyone here would be on board.
As long as the same crooks are in charge I will never be on board. As long as they can just tax the shit out of everyone for what they want I will never be on board.
One strong EMP blast over North America will cause serious damage, but it will differ by regions. In some areas, it will cause serious damage to electrical power. In other areas, only 40% to 50% of grid will be incapacitated. In some better prepared grid areas, only 25% of electrical capacity will be incapacitated. Preparedness and some luck will play a role.
The problem is that, if an enemy sent an EMP... it will involve more than one. If it happens at all, there may be 4 or 5 blasts. Quintuple-tap.
Like anything tied to the internet, crypto is dependent on the electric grid and one EMP or good hack and its all gone. Colour me skeptical.
Hope you have a farm, guns, and ammo. Because if an EMP or a good hack happens, crypto is going to be the LAST thing on peoples minds.
If that even happens, then we're all going to be sent back to the stone age. Stupid thing to worry about imo.
Agree ^^^ it's the same ridiculous argument over and over. Doubters miss the whole point of Bitcoin. All cryptocurrency is not the same. But, take time to understand what Bitcoin stands for and everyone here would be on board.
As long as the same crooks are in charge I will never be on board. As long as they can just tax the shit out of everyone for what they want I will never be on board.
They cannot garnish your Bitcoin if you refuse to pay taxes.
To put this succinctly, the reason Bitcoin is so revolutionary is that ownership and validation of ownership and quantity are all distributed.
No other bartering medium offers that, not even gold and silver.
Nobody is “in charge” of Bitcoin. That’s the beauty of it. Exchanges have owners, but not the platform itself.
It removes the need to trust someone with something they can’t be trusted with.
Security is a legitimate concern with it. Method of hodling is a legitimate concern with it, but not so much the platform itself.
You're still missing the point of what Bitcoin stands for, Cherokee.
right. old guard etc etc.
only doom if you expect to lose.
👌👍
It stands for diverting demand away from gold and silver.
Who audits the gold supplies? Can you forever trust those who audit the gold?
It stands for freedom outside the centralized money system.
I once thought it stood for ordering weed over the interwebs.
One strong EMP blast over North America will cause serious damage, but it will differ by regions. In some areas, it will cause serious damage to electrical power. In other areas, only 40% to 50% of grid will be incapacitated. In some better prepared grid areas, only 25% of electrical capacity will be incapacitated. Preparedness and some luck will play a role.
The problem is that, if an enemy sent an EMP... it will involve more than one. If it happens at all, there may be 4 or 5 blasts. Quintuple-tap.
They would have to send multiple balloons and we would never allow a simple emp balloons to drift to our transformer stations /s
Satillites can run in space while an EMP goes off on the ground.
Or perhaps a massive solar flare? Boom boom boom boom!
You won't even survive a solar flare.