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by amjnsx 912 days ago
Take the following scenarios:

1) solar storm destroys your country. It would wipe the traditional finance sector. Servers. Backups. Records. All destroyed. How do we restore everyone’s wealth to what is was?

2) solar storm destroys your country. You hold bitcoin so you either wait for electricity to be restored. Or migrate to another country.

1 comments

Solar storms won't kill computers, they aren't EMPs but magnetic storms that induce currents in coils. It'll destroy power utilities that could take months to years to repair.