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

by Mark Helfman
August 28, 2024
in Cryptocurrency
Reading Time: 4 mins read
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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 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 individual’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 method to conduct finance that works in all circumstances, even when counterparties fail, with out political violence, navy coercion, authorities manipulation, or sovereign debt.

Positive.

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

I did!

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

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

In truth, as soon as individuals get better the capability to make use of computer systems, mint cash, and print paper, they could discover it simpler to undertake Bitcoin somewhat than rebuild their previous monetary techniques.



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Tags: AugBitcoinCockroachDarkHelfmanmarknuclearsideSurviveWar
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