Can Bitcoin Survive An Apocalypse?
Could Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin?We often use the term “anti-fragile” or “censorship-resistant” to describe Bitcoin. But do these terms still apply if the internet is intentionally cut off or if some horrible, catastrophic event ends up happening?The short answer? Yes, Bitcoin can survive an apocalypse. Not only this, but Bitcoin is actually the most robust network on the planet, as well as the most likely to stay alive in some sort of apocalyptic situation.Do you need internet service in order to use Bitcoin?....
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Here are the top seven most glaring charts showing that Bitcoin adoption is not only alive and well, but is also accelerating. Bitcoin Refuses To Die. If you’re one of many who believes the current financial system will go up in a mushroom cloud, then Bitcoin is the cockroach that can survive the bank apocalypse. Though it’s been pronounced dead over one hundred times by critics, the media and even by former developers, it refuses to go away. Pretty much every metric gauging its performance since its inception over eight years ago is flying in the face of skeptics and naysayers. So the....
Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath.
Scaramucci on How to Survive Crypto Bear Market
Skybridge Capital founder Anthony Scaramucci shared his bitcoin outlook and advice on how to survive the crypto market sell-off in an interview with CNBC Monday.
“We are in a bloodbath,” he said. “This is my eighth bear market. I expect to survive this one as well.” Scaramucci opined:
I am encouraged....
American actress Roseanne Barr has tweeted cryptic support for Bitcoin. Already controversial for her support of the Occupy movement, and calling for the beheading of bankers, Roseanne Barr seems to be backing Bitcoin as the perfect currency for trading after the apocalypse. While many celebrities get a PR firm to run their twitter feed, we get the feeling Roseanne is a bit more hands-on... Barr wrote: first post apocalyptic law: slavery in all forms is now illegal-including debt slavery. #BITCOIN. - Roseanne Barr (@TheRealRoseanne) May 28, 2013. Quickly followed by: 2nd law: war is....
Over the past few years, worldwide fears of an apocalypse-type scenario have increased quite a bit. The trend is likely to be associated with global economic turbulence, failed central planning, and the rise of tyrannical governance. With people believing doomsday may come to pass, many are hoarding various commodities like precious metals, and now even....