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24539029 No.24539029 [Reply] [Original]

People who plan on holding bitcoin/crypto forever, what's your plan when a massive solar flare hits the earth and knocks out the electrical grid?

>> No.24539087

>>24539029
my bitcoins will be safely stored on the blockchain if just one person still has a copy of the fully downloaded ledger

otherwise:
kill self

>> No.24539111

>>24539029
If we get hit by solar flare, crypto will be the least of your problems

>> No.24539131

>>24539029
Nice try smoothbrain but if a solar flare fries our tech then nobody can dump, the perfect store of value just like Satoshi dreamed of.
Checkmate bears.

>> No.24539134

>>24539029
They'll be in the same boat as anyone with their wealth in non physical assets surely? The only people save will be today with paper deeds to property, gold (physically in their possession), and things like ammunition, firewood, scrap metal, etc.

>> No.24539143

>>24539029
The earth is flat nigger

>> No.24539436

>>24539087
>>24539111
>>24539131

It can take 4-10 years to fully restore the electrical grid after an event like that. Some people will get a hold of their crypto before others. It will be easy to manipulate the blockchain when there are only a few miners

>> No.24539500

>>24539029
id probably just forget about crypto and take that downtime opporunity to build something fun in minecraft

>> No.24539521

>>24539500
If it happens you will be playing minecraft with real mudblocks in the real world

>> No.24539549

>>24539436
then we'll decide to revert back to the chain at the time when the flare happened, and then resume when we are relatively sure there will be no tampering of blocks
that could happen within like a year because bitcoin mining difficulty is of course relative

>> No.24539616

Legit team (not anonymous) builds the modern multichain DeFi system

>> No.24539695

>>24539436
Dumbass, 90% of the miners are already in underground caves in China. We're talking DEEP under the Earth's crust. Keep your wallets in a faraday cage and shut up.

>> No.24540311

>>24539695
So the chinese decide what happens to the blockchain. The west will be fucked

>> No.24540358

Solar flares do not exist, bobo. Its all cgi by nasa.

>> No.24540370

>>24539029
a lot more to worry about than money at that point. this is retarded

>> No.24540402

>>24539029
I wait till power is back on