RE: What's Bitcoin's Value?

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What's Bitcoin's Value?

in bitcoin •  6 years ago 

So this is a big question. Crypto’s make a good case against gold BUT require internet infrastructure to be intact. In the event of an EMP or horrible solar flare- crypto would be 0. Because even if I have stuff stored on my Trezor there isn’t a working connection anywhere to make a transaction.

I’d reckon to say internet infrastructure SHOULD if anything IMPROVE as years go on. Might’ve been rumor but I saw something about a node being set up in space.

To answer your question yes, internet infrastructure dying = crypto dying (it is technically internet money)

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