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Can anyone tell me a bit about?…..

posted 3 years ago by Callmejuls 3 years ago by Callmejuls +6 / -0

Is Bitcoin a good thing? How does it work?

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– magabeard 1 point 3 years ago +1 / -0

bitcoin can be sent over satellite or ham radio so the world losing internet/power argument really doesnt work against bitcoin anymore

bitcoin cannot be "turned off" or confiscated (if you use/store it properly)

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– catsfive 0 points 3 years ago +1 / -1

Not by normal people, and the miners writing transactions need the internet

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– magabeard 1 point 3 years ago +1 / -0

satellite receivers or ham radio are not out-of-reach for normal people. few hundred bucks.

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– magabeard 1 point 3 years ago +1 / -0

and with a receiver, you could connect to a satellite bitcoin node and run your mining operation

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