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> This isn’t a claim that I have zero downtime at home. It’s only to say that if my Bitcoin node is offline then any hope of relying on fiat banking was abandon
by tablespoon 6y ago
> This isn’t a claim that I have zero downtime at home. It’s only to say that if my Bitcoin node is offline then any hope of relying on fiat banking was abandoned much earlier.
Even if I had a setup like yours, I'd give up on bitcoin before "fiat banking." You can't buy gas for your generator with bitcoin.
- grioghar 6y agoYet. I don’t mean this flippantly. One of the cryptocurrency is going to win out for day-to-day usage; the question is which. As Andreas likes to say: “email used to be a multi-step series of memorized commands from a green terminal in a University. Now my Mom can do it with a touch of her finger.” I believe we’ll get that in the near-ish future.
- RussianCow 6y ago> One of the cryptocurrency is going to win out for day-to-day usage; the question is which. I don't know why you're so confident about this? It's entirely feasible that none of them are ever usable for day-to-day transactions. Personally, I haven't seen any evidence that Bitcoin (or any other cryptocurrency) is ever going to enter the mainstream. Even if it did, I don't see any benefit to using it over USD for the vast majority of people.