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RE: Number Two Bitcoin Mining Country Kazakhstan Shuts Down Internet

in LeoFinance3 years ago

Rioting seems reasonable if there is no Internet! lol.

More to the point though, I think we see more nations fall into hard times soon, and while Bitcoin may well do fine, if it is YOUR BTC you can't get to that creates some major problem, but I'm sure those with money in banks are having the same problems.

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That's a good point. I guess the difference is that if you can escape the troubled-nation then you should be able to access your BTC from anywhere else... whereas if your nation's banks have been seized/stopped/no internet, then you're stuck regardless of whereever you might physically get to.

lol, yes shutting down internet is a bad idea. What else will people do, go out to the streets.

Good point, access to funds is important.