Post
Topic
Board Bitcoin Discussion
Re: Would Bitcoin Survive A Nuclear War?
by
care2yak
on 18/11/2022, 02:32:10 UTC
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

The question was, would bitcoin survive a nuclear war? And Nick Szabo and Ralph Merkle stated that it would. And I agree that bitcoin will, because bitcoin is a coded system that does not just die or gets wiped out or erased all of a sudden becasue that's not how it was designed. And if a nuclear war happens -- let's all pray that it won't come to that -- if a nuclear war happens, there are still parts of the world that will have srvers running and computers running, so access and use of cybernetics and the internet will continue.

I think that was what Ralph Merkle was meaning to say. It's all theoretical. And unless everything on earth gets wiped out by the war, meaning even those flying war jets, subs, and operating nuclear armaments -- which by the way are now all using gps, satellites, and involve use of the net, then theoretically, everything will be off but the code and system will still be there and if by some miracle, survivors surface then the moment they turn on servers and computers, will the bitcoin protocol go live again.

The next question then is that would anyone use bitcoin when basic necessities like food and water and maybe fuel, become scarce and expensive? Will currencies even be important during those times? Maybe after a period of healing, and trade begins to flourish again then maybe bitcoin will be usable again... and so, bitcoin will still survive