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re: What is the contingency for Bitcoin if there is massive internet or power fail?
Posted on 1/29/14 at 5:42 pm to Cosmo
Posted on 1/29/14 at 5:42 pm to Cosmo
quote:I doubt we will be worrying about bitcoin if something like that happens. Or the dollar. Or euro.
What is the contingency for Bitcoin if there is massive internet or power fail?
Posted on 1/30/14 at 12:00 am to LSURussian
quote:Why do you say that? There have been extended power outages and communications interruptions affecting limited areas in the aftermath of storms, earthquakes and other natural disasters. Bitcoins, or any digital currency, are useless in such circumstances, but cash will still have value and utility.
I doubt we will be worrying about bitcoin if something like that happens. Or the dollar. Or euro.
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