Original archived Re: CBDC and power cuts
Scraped on 13/05/2025, 22:14:43 UTC
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 can still be
in operation during a power outage at least temporarily. It's a dumb argument for CBDCs.
Yes, backup power generators can keep power going though it's both not particularly reasonable to assume and does not apply to all towers
according to this article. As for companies having backup generators, yes larger ones maybe so, though most businesses I dare say would be relying on infrastructure they are renting/relying on their building. I wouldn't be surprised if backup coverage was in the sub 10-20% across the board.
I do agree that it's quite a petty reason for CBDCs.
I have yet to hear any good argument for CBDCs. It seems they are desperate to come up with with something.