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Like a Cockroach, Bitcoin Will Survive a Nuclear War | by Mark Helfman | The Dark Side | Aug, 2024

August 28, 2024
in Altcoin
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The Dark Side

Since its creation, folks have looked for a “use case” for Bitcoin.

It appears the world has no use for cash you could ship to anyone, anyplace, anytime, in any quantity, with out restriction, with out revealing your delicate private data, with out placing your property in one other particular person’s management, with certainty that your transaction will undergo and affirmation that each cost you obtain is genuine and legitimate.

Nor do they care about having a solution to conduct finance that works in all situations, even when counterparties fail, with out political violence, navy coercion, authorities manipulation, or sovereign debt.

Tremendous.

Did they ever cease to consider what would occur after nuclear battle destroys the monetary and financial infrastructure of legacy governments?

I did!

Whereas your authorities’s forex gained’t work after the nuclear holocaust (assuming your authorities is even round), Bitcoin will.

It’s a pc protocol. Nuclear battle can’t destroy it.

Actually, as soon as folks get better the capability to make use of computer systems, mint cash, and print paper, they may discover it simpler to undertake Bitcoin somewhat than rebuild their previous monetary methods.



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Tags: AugBitcoinCockroachDarkHelfmanMarkNuclearsideSurviveWar
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