After the recent outages in Spain etc, which brought commerce to a standstill, I hear the EU has been crowing that if we had the CBDC this wouldn't be a problem, as it will work without electricity.
I have long wondered whether Bitcoin will likewise function without electricity - peer-to-peer by phone etc? And how about Blockstream satellite? My technical knowledge is limited on this subject.
I understand that CBDC can work without an electricity but so can cash, so, we need cash to have some form of financial freedom because if we go full CBDC mode, we will lose the freedom and the fact that we will be able to pay offline with it, won't outweigh anything.
Bitcoin can't function without electricity because we need electricity to run nodes and we need electricity to mine blocks. Bitcoin payment might work without internet but Bitcoin ecosystem won't! Bitcoin shouldn't be compared to CBDC because these two are completely different things. Bitcoin was created for different purposes, it was never meant to change traditional payments, especially offline, real-life payments.