So you have your digital keys and valuable solutions to the sha-256 on your hard disc, some possible ways to loose this information;
- Theft
- Incompetence
- EMP attack
- Government seizure
- Hardware malfunction
In any of these circumstances, you could possibly loose your currency solutions and it would be your own fault except for the event of an electro magnetic pulse designed to wipe wallets and accounts on a massive scale.
This is why I now propose the mitigation of this risk by appropriate measures and urge the crypto-currency world to begin a community insurance plan based around protecting the digital economy and it's data.
The plan
A simple small and non-negotiable charge will be added to every digital transaction you will make in the future to pay for this fund and ensure fair participation in the digital economy. Your fees will be collected over time and accumulate to pay for the compensation of the victims of such an attack. If a crypto directed emp attack were to occur before the creation of this insurance fund, the stability of the worlds economic participation outlook may be in jeopardy.
With the trillions of dollars worth of world power currently sitting in the form of sha-256 solutions around the world there is an urgent need for precaution of this contingency lest a large portion of the worlds economic power suddenly become unaccountable. #empf
The need for these funds to be gathered and imposed upon transactions is unparalleled.
godo interesting idea but in all likelyhood the event you are concerned with here would be so devastating that traditional fiat or crypto asstes become a moot point of concern. Things like food, water, medicine, and any form of fuel will be far more critical after any such event. Some estimates put the death toll in the US from a major state sponsored or solar emp event to be 90% of the population gone / deceased by the end of the first year. This is due to many factors but the challenges of just surviving will be far more pressing than the recovery of long lost financial assets that have no value after such an event. Best to plan for basic survival than worry about what financial assets one has lost.
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I mostly agree with you, but I think there is the possibility that priorities will be incredibly screwed up in the future. also if I thought of this somebody else probably has too so I wanted to share the idea with some realistic writing you are likely to see in the future.
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