I agree that blockchain is yet another black swan much like the internet has been too. How to you propose that the blockchain be secured as it is absolutely dependent upon electricity, hardware, telecommunication platforms, corporations and governments to keep it running and available?
I'd say, just like the internet, blockchain tech is relatively immutable. Cryptobugs are notoriously the most conspiracy driven community, that is why they are firstly so passionate about the technology, and secondly early adopters in a wildly speculative and volatile market.
Off-The-Grid infrastructure for mining operations outside of government's notice, I believe, with no relevant evidence however, have been and will continue to be built. Infrastructure where the energy is generated and internet connectivity is completely sovereign.
There are solutions being built such that Bitcoins may be sent via fax through radio waves completely negating the need for many of the main infrastructure that we use to transact in cryptos right now. The added functionality and ease is more a luxury, the base use is still immutable.
it would still be devastating if they turn off the switch and watched everyone perish because we forgot to take care of the basics first - self sufficiency for all our basic physical needs. Any thoughts on these vulnerabilities?
My opinion on the matter is rather bleak. Those who are unprepared in such a scenario will either suffer enslavement or perish. It is as simple as that.
On the flip side, I do believe the community of preppers are growing at an exponential rate and that when the time comes, there will be many who will be prepared.
My opinion on the matter is rather bleak as well. I really do believe that billions will die because we refused to address these issues and are so hopelessly dependent upon the infrastructure that was built that most people lake the skills, knowledge, experience, tools, resources, etc to deal with any failure. I agree that those who are taking action is growing and hence the purpose of my own blog and this question. Thank you for responding. I do agree that there are ways around our dependency on the internet, power and corporate infrastructure. I'm glad that this came out in this conversation. Bravo.
That will be the case if the system collapses for sure, which is absolutely far from a possibility. Humanity scaled too quickly too fast, and many will suffer.
People tend to forget that what we are experiencing right now is far for normal and has never been the way things have ever been. If we look at humanity from the top down, as a organism as a whole, there is unsustainable activity at every corner. We are living at odds with nature, all while ignoring the fact that we are a part of nature.
When the time comes, the human organism will contract, and it will hurt. We either learn from it, and grow a more sustainable future, or doom ourselves to see it happen again.
I agree with you. <3