How do you use Bitcoin (BTC) in the events of Power Outages Natural Disasters?

Michael Saylor shared: If you oppose bitcoin you won’t have the money to oppose anything else.

Community Response:  So bitcoin is gonna make me money? I thought it was money

Bitcoin is old technology. Quit trying to pump your bags and trying to convince people it’s the ultimate currency. Bitcoin has been around for ~10 years and we still can’t use it for everyday expenses seamlessly. And there are 1000’s of another crypto. Old technology dude.

Michael Saylor is a purveyor of all fiat currencies in existence. He is on a one-man mission to mend blockchain and humanity into one species

Yes! Finally, the tweet has arrived. Big liquidation/cascade candle incoming fellas, buckle up. Run the 33-31k stops and then moon it.

When BTC goes below 30k dollars, you will be in a net loss.

Got the short to 37ks.

“So, I mentioned how these fractals looked the same Earlier. I will explain a little deeper here soon. – We either range in larger rectangle or massive drop before today’s closing to 37k area (Green Circle) – Don’t plan on getting chopped up. – Short above 41.8, long 37k.”

Anyone who opposes Bitcoin and already has money can just buy bitcoin when they realize it’s inevitable, they don’t have to believe in it.

How do you use Bitcoin in the events of power outages, natural disasters (floods, earthquakes, tornadoes, hurricanes, and brush fires), warfare, and other events where connection to electricity and the internet are required?

Wouldn’t a credit card have similar problems, no internet no credit card thus no cash? In those events, you mention of the upset BTC flow non-paper USD are always worthless and only owning precious metals and items to barter with had value.

You are allowed by federal law to withdraw cash from your bank even if there is an outage. They are required to give you cash. Because the government backs the currency, they also are allowed to control it. It is FDIC insured and backed by the government. Bitcoin is not.

Post was talking about it there was a blackout i.e., no power or internet not walking into the bank i.e., debit cards won’t work as a credit card with no internet and no power

Exactly. Banks couldn’t even tell you how much money you had without internet/power! I worked in one till I couldn’t stand the bureaucracy any longer. Nothing would be. Buy some Silver along with your BTC!

I believe in BTC but not going 100% in because every time I buy crypto from someone, all they do is turn around & put that cash in their bank account. I think it’s funny governments fight bitcoin when fiat doesn’t fall within the Constitution either.

But BTC rises and falls too much and USD is relatively stable, what do you think?

It’s not stable because it’s not held by enough people. Once as many people hold bitcoin as they hold fiat we will start to see more stability. I think one day, each Satoshi could be a nickel to 10 cents and we could price goods and Satoshis then.

Bitcoin: Has always been an asset with high volatility, high speculative nature, high risk of volatile value, so it will be affected by price decline. Some investors confuse BTC as a haven asset due to its usability. This is not correct.

Just like that, every time the SW and light recover, people will hope- catch the bottom- and then get annoyed because the market is pecking blood every day. Altcoins this season take all the damage, BTC drops 5% – Altcoins drops 20%, BTC recovers 5% – Altcoins recover 5%.

You mean BTC drops 50%, recovers 5%. You mean BTC drops 50%, altcoin 5%.