I hope that does not mean you expect more wars as there are already!
During wars, independent cryptocurrency will be a more secure substitute for fiat currencies, securities, or gold as central bank reserves.
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I hope not!
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during wars there will be no Internet.
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The Internet was originally designed to survive a nuclear war. While it is overcentralized today it could be easily adapted.
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even if it goes down it eventually will be back so probably better than many fiat currencies in such a context.
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Bitcoin should help to make financing of wars harder. All wars have been accompanied by heavy money printing. No money, no war.
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@jonmatonis cryptocurrencies will have to work over a Mesh network. It will be difficult for ISPs to operate during civil wars.. -
Cryptocurrency micropayments can help mesh networking flourish.
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yes indeed. Can create incentives to share your own connection
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HAIL to
#XVCThanks. Twitter will use this to make your timeline better. UndoUndo
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cut of submarine cables, encrypted satellite Web info for military purposes, several huge gov nodes down, embargos, censorship.
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US/China tension in South China Sea = Internet kill switch on to prevent cyberwarfare. When off later fork collapses. Useless!
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black market cryptos?
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Nick, understood and it's a matter of time. Mankind history is an endless chain of conflicts.But, will we have a functional web?
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Are extended block memory or absolute privacy features that a central bank will need during a war?
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@jonmatonis don't lose your internet, though... The "ether" actually is infrastructure that can be shut down / destroyed.Thanks. Twitter will use this to make your timeline better. UndoUndo
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In a world where attacks on comms infrastructure and power supply will be the norm, that seems unlikely to be true
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