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| ▲ | JuniperMesos 2 days ago | parent | next [-] |
| The internet is more resilient than that. I wouldn't want to live in a country where the banking system has collapsed, and one of the reasons is because I expect that this correlates with unreliability of the power grid; but you can run a lot of useful pieces of software on a computer powered by solar panels and batteries in the wilderness with a satellite uplink, including a bitcoin node. |
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| ▲ | troupo 2 days ago | parent [-] | | Ah yes. And everyone in a country that suffers a banking collapse lives in a wilderness with solar power and a sattelite uplink. | | |
| ▲ | FabHK 2 days ago | parent [-] | | Yes. And if a country with say 200m people suffered a banking collapse, everyone could do a Bitcoin transaction every 40 days (assuming everyone else stopped using it), and would use only about 1% of the world's electricity. Great stuff. |
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| ▲ | immibis 2 days ago | parent | prev | next [-] |
| One where the president prints trillions of dollars to bail out his AI cronies. |
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| ▲ | lazide 2 days ago | parent | prev [-] |
| Venezuela? |
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| ▲ | kec 2 days ago | parent [-] | | Do Venezuelans _actually_ have much documented usage of crypto, or are they simply using foreign fiat like the USD and Euro? |
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