Ninjastic
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Board Bitcoin Discussion
Re: CBDC and power cuts
by
BenCodie
on 14/05/2025, 13:53:53 UTC
Quote from: headingnorth on May 13, 2025, 10:14:43 PM
Quote from: BenCodie on May 13, 2025, 02:26:12 PM
Quote from: headingnorth on May 13, 2025, 11:44:59 AM
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 something.

I agree. Every year there is a new reason for them. I think the funniest thing is that despite hearing so much about them, it's just ongoing "pilots" and media releases saying they will implement them, and yet 5 years+ later there's still no significant integration that has reached the masses afaik.