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If the world's financial stability is at risk due to crypto-currency, you will see how easy it is for the government to effectively shut down the internet. Wha
by joejerryronnie 8y ago
If the world's financial stability is at risk due to crypto-currency, you will see how easy it is for the government to effectively shut down the internet. What good is the bitcoin blockchain when all ISPs have been locked down and the only internet traffic is going directly through military run equipment?
- spiorf 8y agoIt would be an economic suicide for the first country that decides to disconnect itself from the internet. Or do you think that for the first time in history of mankind, every single government will come together against bitcoin? Besides, there are satellites beaming down bitcoin transactions, so...
- joejerryronnie 8y agoI'm talking about the scenario where cryptocurrency is already threatening to destabilize the world financial system. And it's trivial for the world's governments to shut down all the satellites that might transmit bitcoin transactions. Now if a small group of people could figure out how to launch swarms of rogue satellites quicker than the gov could shut them down, that could be a way to keep crypto going.