Scraped on 13/05/2025, 12:14:47 UTC
The claim sounds rather dubious.
It seems to assume cell phone towers would still be in operation during a major power outage so you can still use your phone apps
and perform financial transactions. If the cell towers in the effected area have backup generator power they can
keep cell phone service going.
In that case many things will still function through your smartphone, including bitcoin transactions, so CBDCs don't have any
special advantage. Many companies and businesses, especially larger ones, have backup generator power so they couldcan still be
in operation during thea power outage at least temporarily. It's a dumb argument for CBDCs.
Scraped on 13/05/2025, 11:50:01 UTC
The claim sounds rather dubious.
It assumesseems to assume cell phone towers would still be in operation during a major power outage so you can still use your phone apps
and perform your financial transactions. If the cell towers in the effected area have backup generator power they can
keep cell phone service going.
In that case many things will still function through your cell phonesmartphone, including bitcoin transactions, so CBDCs don't have any
special advantage. Many companies and businesses, especially larger ones, have backup generator power so they could still be operating
in operation during the outage at least temporarily. It's a dumb argument for CBDCs.
Original archived Re: CBDC and power cuts
Scraped on 13/05/2025, 11:44:59 UTC
The claim sounds rather dubious.
It assumes cell phone towers would still be in operation during a major power outage so you can still use your phone apps
and perform your financial transactions. If the cell towers in the effected area have backup generator power they can
keep cell phone service going.
In that case many things will still function through your cell phone, including bitcoin transactions, so CBDCs don't have any
special advantage. Many businesses, especially larger ones, have backup generator power so they could still be operating
during the outage at least temporarily. It's a dumb argument for CBDCs.