1
Economics , Sociology & Politics / Re: Will Cryptocurrencies be accepted in a Civil War Scenario?
« on: Today at 10:28:06 PM »Accepting bitcoin and other form of cryptocurrency will be better during such period, because no one will be able to rob you of your funds, and you can have millions but no one will know that it is withing your reach. In civil war banks can disappoint us but as long as there is internet and phones, crypto cannot disappoint.Exactly. But let's not forget that during a civil war, we can't have full access to the Internet, and we can lose our phones because of wars.
That encounter can deny us full access to our crypto holdings. However, having our seed phrase written on a steel plate and buried, would still give us access to our crypto assets, after the civil war. Aside from that, someone can lose their crypto holdings during wars because, in war, everything is affected