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Thanks Crypt0 for all of your excellent videos. As a true newb, I'm getting so much out of your excellent work.
The question I have (which I also posted on your YT channel) about the future of cryptocurrencies is what happens in an ultimate SHTF scenario of the power grid and/or cell towers going down? Doesn't crypto rely on there always being electricity and computing power? How are networks safeguarded against these issues? And I wonder if the physical aspect of precious metals is the one overall benefit of their store of value? I'm not rabble rowsing, but wondering if others have figured this out? Keep up the great work. Upvoted & resteemed.
Sure crypto relies on electricity somewhat, but imagine a scenario where the electricity is cut. I doubt your first worry is your money or anyone elses for that matter. But there's also projects working on broadcasting the blockchain from space with cube satellites (http://nexusearth.com NXS, Nexus coin). Here's a little "humoristic" response to these SHTF scenarios from TVD . It doesn't get very technical there, but trust me, everyone asks these same questions when they are getting in, and yes they have been thought out, even if they might not seem that obvious.
Sure crypto relies on electricity somewhat, but imagine a scenario where the electricity is cut. I doubt your first worry is your money or anyone elses for that matter. But there's also projects working on broadcasting the blockchain from space with cube satellites (http://nexusearth.com NXS, Nexus coin). Here's a little "humoristic" response to these SHTF scenarios from TVD It doesn't get very technical there, but trust me, everyone asks these same questions when they are getting in, and yes they have been thought out, even if they might not seem that obvious.... Text not showing up thats why this 2nd comment... @.@
What are your views on PIVX? its shooting up the charts.
I don't really see PIVX doing anything that isn't already being done. Just another group on top of the pile trying to get rich quick. Not that I'm saying it's not a "proper" coin. Now trying to ride on the Dash train.
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