Post
Topic
Board Economics
Re: What if there is a natural disaster, such as an earthquake?
by
mezzaluna
on 18/02/2021, 13:31:57 UTC
we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion

I believe that certain natural disasters would not stop the access to Cryptocurrencies as long as there is internet. So as long as the Internet keeps working, we can have access to Cryptocurrencies BUT once our access to the Internet is gone, the Crypto Industry might be affected but it must be a world wide event since there are already some place within earth that has no Internet connection and people are still looking for ways to be within this industry.

If a country experiences natural disasters, it will surely affect their economy IF they do not have any plans to recover fast. Lets take Japan for an example, ever since they are experiencing natural and unstoppable disasters, they are still having a great time because they can easily recover from it because they have well thought out plans and every country must consider copying Japan if they want to have a better response to calamities.