this post was submitted on 10 Oct 2024
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Comic Strips

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submitted 2 months ago by lawrence to c/comicstrips
 

Author: Tom Gauld

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[–] [email protected] 1 points 2 months ago (1 children)

Thats true but you didn't answer my question.

[–] [email protected] 1 points 2 months ago (1 children)

Of course I’m not off the grid? Weird question. I do know how to wire a car battery though

[–] [email protected] 1 points 2 months ago (1 children)

The point is that crypto is reliant on you having access to a power source, internet infrastructure, things which will more than likely brown out or collapse if your government collapses.

Can't even attempt to buy or sell things with crypto if the infrastructure goes down.

At least with physical currency of some kind, you can try.

Crypto, stops working when your unstable government's infrastructure goes down.

[–] [email protected] 1 points 2 months ago

Yes in global collapse it would be useless—more useless than coins or paper which you can melt and burn. I imagine a political collapse limited to the US where I am to be a bit slower to where phone, internet, electricity, water etc. wouldn’t go off immediately, but even if they did I hope I could make it to the border of canada or mexico who will likely have internet. From there I’d be a refugee, but potentially one with a bit of bartering power.