Better ALREADY have those bills taken out of an atm (of course they don't make that many bills) OR you know just use bitcoin and any power source and radio communication.
Jews shit on bitcoin because they can't do this. People only need a solar panel and a ham radio for thousands of people.
The carrington event would cause bitcoin to fracture. It would take time to converge with correct blocks. During this time only long established channels would be safe to use BUT they would be safe. It wouldn't take long to merge though as things came back online.
Most people will be using lightning channels anyhow in a few short years as it's much faster.
It's far better than ANY money system in existence due to this anti-fragile measures. It's not perfect though. Bad shit would happen. Many would spend their bitcoin and the vendors/people that accepted it would be screwed when the network converged around blocks that didn't have those spends. Still, it's better than anything else EVER.
rzr97 -1 points 19 hours ago
The carrington event would cause bitcoin to fracture. It would take time to converge with correct blocks. During this time only long established channels would be safe to use BUT they would be safe. It wouldn't take long to merge though as things came back online.
Most people will be using lightning channels anyhow in a few short years as it's much faster.
It's far better than ANY money system in existence due to this anti-fragile measures. It's not perfect though. Bad shit would happen. Many would spend their bitcoin and the vendors/people that accepted it would be screwed when the network converged around blocks that didn't have those spends. Still, it's better than anything else EVER.