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Regarding TEOTWAWKI Bitcoin is just as vulnerable as the existing financial system. In fact, lower level disasters can take out the existing system before they
by rothbardrand 9y ago
Regarding TEOTWAWKI Bitcoin is just as vulnerable as the existing financial system. In fact, lower level disasters can take out the existing system before they take out bitcoin. Why aren't you asking "I would love to hear keynesians answer to this!" Power outages are power outages and will harm every electric system, including gasoline, electric cars, food production, etc. The entire society relies on electricity.
As for physical bitcoin, which can be transacted offline. Just hand it over like a dollar bill:
https://opendime.com https://opendime.com
Still mostly useful for larger amounts, though, due to the relative high cost of hardware, but it's new.