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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, individuals have looked for a “use case” for Bitcoin.

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

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

High quality.

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

I did!

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

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

In truth, as soon as individuals recuperate the capability to make use of computer systems, mint cash, and print paper, they may discover it simpler to undertake Bitcoin slightly than rebuild their outdated monetary programs.



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Tags: AugBitcoinCockroachDarkHelfmanMarkNuclearSideSurvivewar
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