Currency Collapse, Bitcoin As A Fallback

[organofcorti]

But that means you allow in some electromagnetic radiation...

I have an acoustic connection to the outdoor fiber. For power I just use my trusty diesel generator

Sound has a much lower bit rate and would be much more prone to noise. You'll need to vacuum line the carrier all the way to the fibre, for a start. Also have your house on a rubber platform. I think you'd be better off using a small black hole and gravity waves to communicate.

[bonker]

But that means you allow in some electromagnetic radiation...

I have an acoustic connection to the outdoor fiber. For power I just use my trusty diesel generator

Sound has a much lower bit rate and would be much more prone to noise. You'll need to vacuum line the carrier all the way to the fibre, for a start. Also have your house on a rubber platform. I think you'd be better off using a small black hole and gravity waves to communicate.

I gots the sensation that this thread is starting to drift off-topic now.

Let me re-adjust shit up in here: The UFO mags I read say the banks are going to shut off access to
savings. Hence people will be skint and trying to buy lattes and petrol with bags of pennies they found
under their sofas.

Therefore, the shop that is selling food and lattes for bitcoins exchanged on USB drives is going to be a
valuable part of the community. Is this sound logic or have I missed something?

[organofcorti]

Sorry, with your talk of UFO mags and such I honestly didn't think you were serious. If the economy collapses, the only things that will have value will be those that keep you alive for the next day. Bitcoins only work if there's an infrastructure to support it. How could transaction be verified without a network?

[CanaryInTheMine]

I get most of my economic facts and forecasts from UFO magazines and it now seems that Western currencies may collapse.
This will lead to banks stopping access to savings, leaving peeps without cash in hand and skint.
Naturally, there needs to be something to fill the gap, so how can Bitcoin help? Maybe local stores that accept Bitcoins for bread
and petrol and UFO magazines etc?

Don't worry!  The aliens will come and save us. so there, you have nothing to worry about...

Where's that lithium I'm supposed to take daily... hmmmm.... can't find it...  maybe I left it on the UFO when I was abducted last night... do you remember if I left it there?

[bonker]

I get most of my economic facts and forecasts from UFO magazines and it now seems that Western currencies may collapse.
This will lead to banks stopping access to savings, leaving peeps without cash in hand and skint.
Naturally, there needs to be something to fill the gap, so how can Bitcoin help? Maybe local stores that accept Bitcoins for bread
and petrol and UFO magazines etc?

Don't worry!  The aliens will come and save us. so there, you have nothing to worry about...

Where's that lithium I'm supposed to take daily... hmmmm.... can't find it...  maybe I left it on the UFO when I was abducted last night... do you remember if I left it there?

You must be one of them septics

[CanaryInTheMine]

I get most of my economic facts and forecasts from UFO magazines and it now seems that Western currencies may collapse.
This will lead to banks stopping access to savings, leaving peeps without cash in hand and skint.
Naturally, there needs to be something to fill the gap, so how can Bitcoin help? Maybe local stores that accept Bitcoins for bread
and petrol and UFO magazines etc?

Don't worry!  The aliens will come and save us. so there, you have nothing to worry about...

Where's that lithium I'm supposed to take daily... hmmmm.... can't find it...  maybe I left it on the UFO when I was abducted last night... do you remember if I left it there?

You must be one of them septics

OMG!!! you are so right... I remember now... I think my pills went down the septic... OMG!!!! can you spare me some?

[BGL]

The title of this thread should be renamed "Bitcoin Collapse, Currency As A fallback"