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re: What is the contingency for Bitcoin if there is massive internet or power fail?
Posted on 1/30/14 at 3:29 pm to Poodlebrain
Posted on 1/30/14 at 3:29 pm to Poodlebrain
quote:
Banks aren't the only source of cash, and cash isn't the only physical manifestation of money.
What are the others that bitcoin wouldn't also be able to rely on?
0
Posted on 1/30/14 at 4:50 pm to LSURussian
quote:
In that case, people could write checks on their bank accounts and pay.
A check you say? I will have to look those up and see what they're all about!
Posted on 1/30/14 at 4:51 pm to ocelot4ark
You'd better. Especially if the "shite hits the fan."
Posted on 1/30/14 at 4:52 pm to AUtigerNOLA
quote:
ATM. Or some people that always keep cash on hand.
In a disaster situation, I was assuming there would be no power.
As far as cash...I guess I'm just averse of keeping cash (significant) in the house.
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