Lemdro.id

2 points

6 months ago

I mean fair enough just that another money could get you out of that situation before it gets that bad. If nothing else than through bribes.

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Flying Squid@lemmy.world

4 points

6 months ago

Good luck bribing someone with something that requires an electronics and communications infrastructure if things get that bad. I’d keep chickens if that was your worry.

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https://en.bitcoin.it/wiki/Casascius_physical_bitcoins

0 points

6 months ago

No power or infrastructure required.

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Flying Squid@lemmy.world

1 point

6 months ago

They can no longer be purchased.

Not exactly apocalypse-proof.

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1 point

6 months ago

While the ones that do exist still exist, and that’s not to say that somebody couldn’t create other things that were similar. Just as long as the private key is not peeled away, then you know it’s actually got the value it says. And you don’t need the internet to verify that.

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Flying Squid@lemmy.world

1 point

6 months ago

Okay, so let’s say the country’s economy has collapsed. People are fleeing for the border. I go up to a border guard with one of those and hand it to him… do you really think he’s going to believe that has value?

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0 points

6 months ago

Really depends on the country. If you are fleeing somewhere like the United States, there’s about a one in four chance that it would be recognized. If you’re fleeing some other place that has had currency issues in the past, then it’s probably quite a bit higher.

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