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How do you transact in crypto without internet? Maybe that's musk's long term plan with satellites
by catmanjan 6y ago
How do you transact in crypto without internet?
Maybe that's musk's long term plan with satellites
- randomopining 6y agoWhat about encryption?
- nexthash 6y agoYou don't seem to get it, do you? Your government decides it can't regulate crypto, so it bans it. People use crypto anyway. Government raids telecom and puts filters on Internet. People use encryption. Government shuts down Internet. People use satellite internet. Government make penalty for using crypto a life sentence, because they can. Drives around with vans detecting sat signals. You can't fight them on their turf.
- RhodoGSA 6y agoYour government can ban bitcoin, but every government would to ban it otherwise you are going to just piss off your populace. They'd also never be able to spin the internet back up without bitcoin spinning right back up with it. Also, Tesla is an s&p 500 company. If they made Tesla lose 1.5B for some philosophical argument about control they would crash the market.
- randomopining 6y agoHow do you shut the internet down when the economy runs on the internet? Lol. I don’t think you’ve thought this through, even though you’re so adamant.