in a technical perspective, in G@za where both telco and electricity connection was distruoted, how would Bitcoin / Lightning network / any other Bitcoin L2 benefit the average citizen?
Discussion
asked before nobody has any CLEAR answer
(satellite phone / link is NOT an answer)
it can happen due NATURAL disaster also in remote areas - so not just WAR
and it is ridiculous to say that any of this is a surprise, as well, unlike a natural disaster.
doesnot matter manmade or natural or EMP
point is "bitcoin USABLE in such circumstances?"
(Q has nothing to with politics/conflict/side)
yes, bitcoin is usable in any situation where you have at least - let's say EDGE or ADSL1 speed, comfortably.
EMPs are unlikely to disrupt more than one city at a time. carrington event can knock out much of the satellites and above ground copper and unshielded infra but underground, undersea, shielded, hard wired stuff probably stays up and within days many others resume using standby redundant systems.
it could happen that bitcoin was not usable for a few days to a week in a place in a really extreme situation (carrington event) but these are century or more between.
fact is -" BITCOIN is USELESS such situation/circumstances) and UNTIL some INFRA stuff somewhat usable again - (provided if one survive in life) - that's the takeway
bitcoin is money. its utility is confined to the same circumstances as other kinds of money. war, natural disaster, pretty much useless.
so actually, that it's not usable in those kinds of circumstances literally, doesn't matter because it's not usable, practically.
physical stuff in hand can be used - BITCOIN CANNOT BE in SUCH PERIOD. u can keep ranting like saylor
money is useless in most disasters. worse, it's often something that will just be stolen from you, or you will lose anyway.
it could usable be if there was working internet. that often is the case. it's pretty hard to shut down all mobile towers in an area, even if you mean to. doesn't need to be starlink lol. hell, even cabled telephone systems are often running if anyone has an old laptop with a dialup modem inside it.
nobody is going to do anything with money in a war except steal it from you anyway.
physical stuff in hand, like food, water, a gun, a torch, of course these are more important. but if there was a use for money, it would be no different if it was bitcoin, with teh only difference of needing an internet connection to make a payment.
what is your point anyway? that it's useless in disaster? money is mostly useless in a disaster too.
There are many ways to address this issue. I saw a video where people were charging their phones at a central location.
You can use shortwave and amateur radio. Ship to shore SSB. Solar panels for charging. Wind and bicycles connected to a small generator.
Even a hand crank. You could use zero knowledge proofs. You could use Bluetooth to Bluetooth on phones. Repurpose Wi-Fi routers to a mesh net. Or link them to shortwave radio reception.
I could go on and on..🧡😊
charging n radio - is ONLY possible so long energy / equiupment / battery LASTs
so that is clear NOT an answer
Africa they use 2G phone - SMS - that it will also not help
something which can WORK WITHOUT power maybe weak battery n portable
You don't have to be connected continuously to the network to use it. You can use it intermittently.
Signed transactions can carried by sneaker net for broadcast. Then you can issue paper IOU'S against the verified Bitcoin..😊
Back in the day I used to make Bitcoin seeds by rolling dice. Just for the hell of it..😂