Is Bitcoin a good thing? How does it work?
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With all the talk about solar storms and the internet going down I would never believe in digital money. I think it’s all a ploy to get actual money out of people’s hands so they can have complete control of our finances and turn it all off when they feel like it. Never forget when Greece gave everyone a “haircut” and essentially stole money from their bank accounts.
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)
Not by normal people, and the miners writing transactions need the internet
satellite receivers or ham radio are not out-of-reach for normal people. few hundred bucks.
and with a receiver, you could connect to a satellite bitcoin node and run your mining operation