Could a giant solar flare take out all cryptocurrency?

in #science8 years ago (edited)

What is a solar flare you might ask?

A solar flare is when the sun releases radioactive energy like you see above.

It is basically the same as an EMP, and some say that if one large enough is released in the direction of the Earth that it could wipe out the entire electrical grid leaving us in a world that looks more like the 1700's.

Now what I am concerned about is what if something like this were to happen worldwide..

Could a giant solar flare take out all Cryptocurrency?

If all electrical systems were wiped out at once by a giant solar flare would cryptocurrency still exist?

I would hope that heavily invested miners have already taken appropriate precautions to protect themselves against risks like this..

When I see movies like "Red Dawn" and "Ameriggedon"where they were threatened and even attacked with an EMP it got me to thinking of how I could protect my family, and my emergency supplies?

(Like cell phones, radio, walkie talkies, solar chargers, battery packs, and other electrical equipment)

And then I came across tutorials for "EMP Proof" safes and storages..


Sold online here: http://goo.gl/igeQou


And even EMP proof bags!
Sold online here: http://goo.gl/1jw4PP

So as we can see there is obviously ways to protect our electrical equipment, and from my research I have seen that "galvanized steel" helps protect against this as well, and also having cardboard lining the inside.

We just need to focus on upgrading the global grid for the future digital community, and make sure we are always prepared for all possibilities!

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Such a solar flair would take out the entire banking system and stock market as well. My guess is that the cryptocurrency would recover faster than the banking system.

Good points @dantheman but really wanted to bring awareness to the possibility, because in the future crypto will most likely be global..

So I wanted to make a post about it so the community could think and see ways to protect ourselves since the future will only get more intertwined in the digital world.

**Very interesting **.. Correct me if I'm wrong, but I think we would be able save our devices by taking that extra precaution of buying a special bag or case to protect it from electromagnetism.. But the thing is if an emp were to take place, our devices i.e. cell phone, laptop would be rendered useless due to radio and cell towers going offline..

So we would need to take this into consideration, and maybe even upgrade the entire electrical grid..

Exactly, I agree.. It kinda makes me wonder about the things I will see in my humble life time.. Thank you for posting

To protect electronic equipment you only need a Faraday cage; that is a simple container or storage where all wall are electrical conductors, preferably with a grounded connection.

How about using a galvanized steel trash can with a lid. Same effect as the safe you listed for about 1/10th the cost. As for solar flares damaging your cell phone:

Despite rumors to the contrary, a Faraday cage is not necessary to protect against solar coronal mass ejections because the frequency content of such disturbances is at much lower frequencies—they don’t couple energy efficiently into small-scale electronics, except through conducted paths (e.g., wires coming into the system). A better precaution against solar events is to unplug electronics and use quality surge suppressors.

Source: http://www.thesurvivalistblog.net/build-your-own-faraday-cage-heres-how/

Awesome thank you!
I saw a guy do something like this with cardboard on the inside of the can and lid, but I wonder if this helps any..

We should get one of those hardware wallets and keep it in our brand new faraday bag!! Seriously though it's an interesting thought.

i doubt it- you have systems buried deep in the earth, you've got systems on the other side of the planet shielded by --- all of the earths density. solar flares would only affect half a planet - so machines would still have the block chains to reconstruct if necessary.

This is a good point. If a solar flare hit the earth it would only be hitting one side of the earth, right? So half of telecommunication would be taken out as well as ~half the nodes. This is the great thing about decentralization. It will still continue to work.

No way I want bots making any repairs; did you not see Skynet (Terminator)

Truly what are you thinking; if some politician or other idiot was to see your crazy post and think your plans useful you could kill us all ! ! !

: )

<>.<> if the model of the heliocentric system was real I would be worried. there is no real proof outside of the establishments pictures and videos which can easily be mass produced by any 3d model nerd.
people cant take a telescope to the sun and see what it looks like so we just assume we are given facts based on our faith for the governing powers.

It is actually more likely that Russia will nuke the USA or China will hack the power grid of the United states
but even then these steamed dollars would remain in circulation over machines elsewhere

So earth is the center of the universe?

This is a real (though remote) threat. Good to have physical gold, silver and bank notes just in case. In a world without bank accounts or credit cards, these things would be incredibly valuable.

Need bigger box to store server

It would only ever take out half the planet, seeing as we don't all face the sun at once; unless you believe in flat earth! :-D

Cg

CME = Coronal Mass Ejections, one just missed Earth in 2004 ? I think from memory, twice in electricity history Earth has been hit...

One hundred and fity (150) years ago the United States was hit, telegraph lines shut down and could only be operated if the users disconnected the battery !!!

This means if the system was set to work normally it failed to function however once disconnected it sometimes worked !!! Of course the operator would have to think of trying this novel fix. Plus some places worked without problem since they were shut down at the time the " hit " landed and simply worked without being powered ' on ' ! ! !

About 25 years ago Earth was again hit by a solar storm of electrical particles ( CME ) however this landed on the West coast of Canada, since this zone has almost no one living in this Arctic tundra landscape it was irrelevant to try and assess the local disruption to modern electricity...

Simply Earth is going to get hit and when it does bye bye internet, the web will go dark for months at least, satellite will fry and be destroyed in space ! ! !

The entire Planet Earth is encircled by a very very long fiber-optic cable to speed up the internet, what will happen when all these systems interact and begin to distort each other . . .

Probably nothing good : )

/ hugz ; )

There is actually a bill to upgrade our existing grid to handle a Coronal Mass Ejection (CME) that Congressman Andy Harris of Maryland has put forth and a petition to help advance it.

Your help would be appreciated.

https://www.change.org/p/andy-harris-protect-the-grid-from-a-cme/share?utm_medium=email&utm_source=notification&utm_campaign=new_petition_recruit

I followed and upvoted. Please follow, upvote and comment back steemit.com/@affltr

A tissue! A real human tissue, the sun just sneezed on you, pieces wrap around the earths atmosphere, some make it through and land on you.

It has a happen plenty of times as the world revolves around, once more, so don't stress this would probably be a good thing, make a social correction, more people outdoors, more offline, more uproars, come skate my bru, nice to stress test things.

Cheers.

"The first solar mass ejection was probably witnessed during the total solar eclipse of July 18, 1860 (See Technology Through Time"
https://sunearthday.nasa.gov/2007/locations/ttt_massejections_56.php