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by RamshackleJ
1912 days ago
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so you're saying a black swan event might affect the price? gee well Im glad that doesn't currently happen with USD, CNY, JPY.... you can also use bitcoin like a physical bearer asset (gold bullion) by using things like https://opendime.com/ so even if the network was 100% down transactions could still happen IRL. You'd just be exchanging a hidden private key that can move UTXO's on the blockchain. considering that I'd say bitcoin is much more anti-fragile than a bank statement, in most of the natural disasters you're talking about im not so sure banks will be letting you withdraw any significant amount of $ |
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