HenryGQJ on Nostr: I was thinking similar but more from a Carrington style event from the sun. Assuming ...

I was thinking similar but more from a Carrington style event from the sun. Assuming it's the worst and it burns out all electrical devices everywhere (assuming the solar flare is bad enough to go through a full rotation of the Earth) Bitcoin is useless, but almost equally gold is too. At that point why would you care about it apart from maybe its antibacterial properties?

So in your scenario of a few spots hit by EMP Bitcoin could survive with people elsewhere. It will be a disaster it would obviously set things back, but it wouldn't necessarily be the end of it. I guess in the end it could actually discourage countries bombing each other in the first place.

I still don't hate precious metals at the end of the day, they have their use. Also where they still offer a lot of value is a PM coin has privacy beyond anything Bitcoin can currently offer.