stacksatsio on Nostr: “When the power goes out..” Bitch if your area loses electricity, you’ve got ...
“When the power goes out..”
Bitch if your area loses electricity, you’ve got bigger problems than not being able to access your savings (which you still could anyway). Our entire modern existence depends on electricity, 95% of people are unprepared to deal with this situation so you’re looking at social breakdown in days. All banks are offline so cash will run out fast, shops will be stripped bear and can’t transact, no medicines, no food warehousing, supply chains on the brink etc.
“When we get quantum computing..”
Bitch IF we get quantum computing the entire fucking internet is broken. Bitcoin will be the first major system to handle it and upgrade to post quantum. Your bank is gonna take months to fix it, and everything else months to years.
These are the most common I see on Xitter nowadays and all they show is the persons complete inability to think through a cascading failure scenario and assign probabilities.
The latter point was hammered home for me during Covid where people were genuinely concerned over something that statistically had less odds of killing them than driving. They never thought to freak out about the possibility of dying when they got in their car but they did over a virus because they couldn’t grasp the probability of different events and were led solely by emotions.
Bitch if your area loses electricity, you’ve got bigger problems than not being able to access your savings (which you still could anyway). Our entire modern existence depends on electricity, 95% of people are unprepared to deal with this situation so you’re looking at social breakdown in days. All banks are offline so cash will run out fast, shops will be stripped bear and can’t transact, no medicines, no food warehousing, supply chains on the brink etc.
“When we get quantum computing..”
Bitch IF we get quantum computing the entire fucking internet is broken. Bitcoin will be the first major system to handle it and upgrade to post quantum. Your bank is gonna take months to fix it, and everything else months to years.
These are the most common I see on Xitter nowadays and all they show is the persons complete inability to think through a cascading failure scenario and assign probabilities.
The latter point was hammered home for me during Covid where people were genuinely concerned over something that statistically had less odds of killing them than driving. They never thought to freak out about the possibility of dying when they got in their car but they did over a virus because they couldn’t grasp the probability of different events and were led solely by emotions.