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/biz/ - Business & Finance

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20819679 No.20819679 [Reply] [Original]

So my dad is convinced if we got attacked by a EMP my crypto would be useless and that I should sell how do I explain to him that the Internet won’t miraculously go completely down by EMP and that even if the grid does go down I can still transfer crypto

>> No.20819714

if the grid goes down.. so do the banks so he'd be fucked too.

>> No.20819718

>>20819679
If you fucking knew how crypto worked you could simply explain it to him why but you are too dumb to do it your self

>> No.20819809

>>20819718
I can actually explain it to people but they don't want to listen.

>> No.20819868

>>20819809
Then just tell him that the blockchain is massive fucking ledger of every single transaction and is on millions of computers around the world. unless the entire world gets EMP'd it wouldn't do anything. and there would be much bigger issues if the whole fucking world got EMP'd

>> No.20819927

there are bitcoin nodes orbiting earth

>> No.20819938

I tried to explain to them that their satellites you can connect to you can make your phone a node and that they even have Bluetooth options for transfer but he’s convinced the only thing that would be a value our physical things

>> No.20819950

>>20819679
You tell him if an emp went off literally everything will be useless except guns, ammo and food

>> No.20820036

>>20819679
prepper fag detected
do you guys have a set bug out location?

>> No.20820047

>>20819679
an emp fries the electrical powerlines
if you are hit with an emp that can destroy home pc's or smart phones you probably got bigger things to worry about about than any currency

>> No.20820083

if the sun goes crazy mega superflare style we are all so fucked that no currency will be of any value; only food, guns, water, liquor, shelter, might, medicine, fire and bodies.

>> No.20820087
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20820087

Gold/Silver Chads rise up!

>> No.20820112

>>20820087
In an intense crisis no one will care for shiny metal.

>> No.20820119

>>20819679
he’s already arrogant enough to base his worldview on ignorance, so good luck

>> No.20820133

Reminders that guns and a trustworthy community are the best investments.

>> No.20820136

>telling your family about your crypto
biggest mistake you can make anon. they will press you for money, and will expect you to sell at the worst of times

>> No.20820147

>>20819868
Problem is if you give a short explanation and try to summarize normies just think you're retarded, and if you go into detail to explain something to them they tune out and their eyes gloss over because their brain malfunctioned the second you say "decentralized"

>> No.20820170

If an EMP hit, fuck all money including your bullion. Hoard weapons, water, food and pharmaceuticals as primary value generators/currency, then tools, then bullion, then other assets.

>> No.20820423

>>20819950
This^. If a global EMP hits everything Will go down... his precious banks and Boomer tv will go down too.

Guns water and food is what you need. I’m in Canada so getting a gun is stupid.

>> No.20820506

>>20819679
>Buy hardware wallet.
>Put your crypto on it (like you should have anyhow)
>Tell him all your coins are safe now because they're on the little device (this isn't how it works but boomer problems require boomer solutions)
>Store it in an Faraday cage.
Now he won't bother you.