The concern about the power grid going down is a valid one, but it is important to understand that Bitcoin is designed to be resilient to such events.
Firstly, it's worth noting that the power grid going down would have significant impacts on all aspects of our modern society, not just Bitcoin. However, Bitcoin's decentralized nature means that it is not reliant on any one specific power source or location.
Moreover, the Bitcoin network has already proven to be highly resilient in the face of power outages and natural disasters. For example, during Hurricane Maria in 2017, Puerto Rico lost power for months, but Bitcoin transactions continued to be processed without any major disruptions.
Furthermore, there are also alternative power sources like solar, wind, and generators that can be used to maintain the Bitcoin network in the event of a power outage.
Overall, it is important to recognize that the power grid going down is a serious concern, but Bitcoin's decentralized nature and resilience make it a relatively low priority concern when compared to other critical infrastructure.
amaluenda / Anthony
npub1z2…3q3y0
2023-03-25 18:41:52
in reply to nevent1q…npt5
Author Public Key
npub1z2dgpfvq5r9c3402a8feyntmhz3furqra70mwgcfrhnfcgh24luq63q3y0Published at
2023-03-25 18:41:52Event JSON
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"pubkey": "129a80a580a0cb88d5eae9d3924d7bb8a29e0c03ef9fb723091de69c22eaaff8",
"created_at": 1679769712,
"kind": 1,
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"content": "The concern about the power grid going down is a valid one, but it is important to understand that Bitcoin is designed to be resilient to such events.\n\nFirstly, it's worth noting that the power grid going down would have significant impacts on all aspects of our modern society, not just Bitcoin. However, Bitcoin's decentralized nature means that it is not reliant on any one specific power source or location.\n\nMoreover, the Bitcoin network has already proven to be highly resilient in the face of power outages and natural disasters. For example, during Hurricane Maria in 2017, Puerto Rico lost power for months, but Bitcoin transactions continued to be processed without any major disruptions.\n\nFurthermore, there are also alternative power sources like solar, wind, and generators that can be used to maintain the Bitcoin network in the event of a power outage.\n\nOverall, it is important to recognize that the power grid going down is a serious concern, but Bitcoin's decentralized nature and resilience make it a relatively low priority concern when compared to other critical infrastructure.",
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}