/biz/ - Business & Finance

Since I have a bitcoin full node I revive the blockchain.

>>57991645
There are copies of the blockchain in faraday cages retarded boomer

>>57991645
>What do?
well nobody would want to continue running compromised emp btc fork so collectively btc would just continue the chain from a block before the event
determining which block to continue from however would be the point of contention and result in several forks, however if you had coins before the event you would have your coins on whatever fork successfully emerges from the ashes
massive dump, fud etc aside bitcoin will still exist

Not my problem.

I have a full node and keys stored offline.

>>57991645
Silvertards unironically believe people will trade food for shiny worthless coins in this scenario.

what happen to your bank account if internet is down?

ah yes, it does not exist anymore

kek

>what if it's... the society collapse???
might as well go full raider with a rifle instead of bagholding boomer rocks then

>>57991645
Anything Schiff says about BTC, just replace with "gold".

What happens to your gold when you have a society collapse and the streets are controlled by packs of cannibals from Haiti?

>>57991645
not gonna happen
and if it happens,
buy btc again. cash out at 250k new ath
sell
but a hell lot of condos and building and real state, then rent the shit out of everything
maybe even build my won shit, truflation says housing is gonna be hella expensive in a few years so that's a smart move

>>57991995
You sew them into your clothes, climb into your jeep, and drive away

>>57991645
Banks would be 10 times more fucked than bitcoin in this case

>>57991645
Gold and fiat have this over btc. Hell everything has an advantage over btc when it comes to SHTF. BTC has no resiliency against doomsday scenarios by design.

>>57992481
Why are you sewing hatians into your clothes?

All it would take is like 1 computer to survive with an archive of the ledger to get it going again no? Probably the exchanges have computers in lead boxes or something for this reason.

>>57991645
"Why didn't you ask Schiff what would happen to his gold if someone invented a way to make it in a lab?"

>>57993542
>All it would take is like 1 computer to survive with an archive of the ledger to get it going again no?
Correct. Every node has the ledger. There's no way Schiff doesn't know this by now.
>Schiff was born to a middle-class Jewish family[8] in New Haven, Connecticut. His father, Irwin Schiff, who was the son of Jewish immigrants from Poland, served in the US Army during World War II.

Reminder that Schiff sells gold for bitcoin.

If that event happens bitcoin should be a lesser concern. In that scenario the only currency worth something are guns, ammo, canned food, lighters and antibiotics. Good luck trying to convince a bunch of ferals that they have to trade using your stack of PM instead of just taking everything you have by force, including your holes.

>>57991645
sigh that i lost $34 in jewish digital tokens that i was gambling with then go back to being happy i stored all my personal savings in physical assets not digital meme faggotry

I'd have bigger problems to worry about, we all would in that event

>>57993514
maximum chuckle

How would I pay for my groceries without bitcoin? It would be a huge disaster.

>>57991713

I WILL RECEIVE THE BLOCKCHAIN SIRS!!!

>>57993684
Early life section never fails, hold those gold bags Schiff

>>57991645
nothing, all my shit i get it from nft games using bots to farm
Plus odd jobs every now and then, i'm quite a handyman
aside from that i also play normal games, since nft ones don't do it for me
i hope gravity legion can fill that void and find a balance in fun and money-making

>>57991645
if every electronic device in the world gets nuked by the sun, rest assured bitcoin will be the least of your concerns

>>57991645

-My AGRS nooooooo!!!! (shot in the nuts)

>>57995452

prty much for that sht

>>57995452

be Glad to see some gains coming back

>>57991811
No in this scenario you need fiat cash.
Silver is for hyperinflation and a significant amount of people starting to not trust Fiat cash, plus the emp wave.

>>57991713
I have two full nodes running.

>>57991645
>I think crypto is pretty secure
>"b-but what if the earth gets destroyed by a solar flare? w-what then?"

>>57995629
Doesn't matter.
The entiety with the most hashpower wins.
If you own a solar powered calculator you are the king after a digital armageddon.

>>57991645
society would break down and only ammo, land, gas and food would be worth anything.

>>57991645
That scenario is about as outlandish as all the gold being eaten by gold termites. All your cash though, that you can easily lose, and people lost that over and over again throughout history. When an economy collapses, cash goes poof, every savings account in USSR went poof

>>57995972
All it takes is a major bug in iOS, MacOS, Microsoft WIndows or Android to take out most financial systems in front- and backend.

>>57995629
Wolar flare wouldnt destroy the earth, just electronics. We'd go back to 50s level technology, therevwould probably be a åost-soviet style collapse for 5-20 years then we would be back to normal

>>57991713
Yea, price will maintain I'm sure after that. kek

>>57995998
>”major bug”

I can think of several bigger problems for Bitcoin:

Cryptography being broken through any means, Satoshi wallets moving funds, even Tether imploding would be pretty bad, though not as bad as it would have been a few years ago.

>>57998386
The most potent FUD is the one rarely talked about: BTC community being gaslit by glowies into destroying the chain themselves. Just like how ETH was destroyed with the transition to PoS. All you need to do is get into the heads of the miners and the people running the nodes and infect them with a harmful idea. CIA has been running those kinds of ops for decades, that's what it's made for.
Much more likely than some kind of worldwide blackout coupled with everyone losing their backups at the same time.

>>57998428
The CIA and NSA fucking started bitcoin you absolute zoomer faggot chud.

>>57998437
Can I even be bothered to talk to someone this stupid? No I don't think so

>>57991645
nocoiner BuT wHAt iF SoCIetY CoLlApsES cope

>>57991645
Does he really assume everyone will gently line up to exchange good and service for some pieces of gold in a post apocalyptic world.

>>57998474
>replies
I was in at under $3.
It is most certainly run by intel agencies and then organized crime (intel agencies).
It's immediate adoption and integration into the drug markets (run by intel agencies) was the most obvious sign. It was never what they sold it to you as and that was obvious by 2013 to anyone with a brain.

Now it's gone from "peer to peer payments" to "store of value" and I'm not sure which of the several goalposts they'll land on eventually.

>>57991645
>4ever loser: never uses crypto
>also 4ever loser see, you don't need crypto

why are boomers like this? he reminds me of my cousin who basks in attention when he say something cringe

>>57991811
The best thing is their shiny rocks would get taken by the local nigger warlord to wear around his neck or plate his cabin walls after he strings you up by your balls on the nearest lamppost.
Gold/silver in a collapse scenario is retarded

>>57991645
>All electronics suddenly shut down.
I will bow to our new robotic overlords and join the rest of humanity in a galaxy united.

>>57991645
the banking system doesnt run on computers?

>>57991645
brain rot

>>57991908
>Gold adds no value to the world
The device you are typing on would not function without gold

>>57993514
Lmao

>>57991645
Move back in with my parents and pretty much just give up and spend all day every day playing vidya.

If the EMP is big enough we are in for a world of shit for decades, It would be years before we have power again so no computers, phone or anything else you can use to transfer crypto.
PMs have their place during the rebuilding times.

>>57991645

>>57998280
if all electronics are destroyed by an EMP, the bitcoin price will be the least of your worries. your concerns will be finding and securing food and water.

>>57995998
>t. bug chaser

>>57998595
use coinjoins or monero retard
also sure, making an open source hard money to kill their ability to control money makes perfect sense
lol

>>57991645
Restore from paper written seed phrase. OP is a fag.

>>57991645
>All electronics suddenly shut down
we have a magnetic field protecting us, you utter moron

>>57998613
I always love this one.
>Gold and silver are so worthless post collapse that nigger warlords are going to raid your homestead full of guns, munitions, and men willing to fight tot the death in order to take your gold and silver.