Could An EMP Attack Destroy ₿itcoin? ⚡🌎💥
In this video, we discuss the expected effects of an EMP attack on a country, as well as ₿itcoin. An EMP attack on a country or continent would be one of the most unimaginably horrific events. The electromagnetic pulse (EMP) would destroy all electronics and anything with a semiconductor in it, thus taking out utilities, making cars and trucks unusable, etc. As modern services stopped working, we would see a descent into starvation, violence, and chaos.
₿itcoin is the best monetary solution in most scenarios, but in an EMP attack one will want to have one's own land, food sources, water source, medicine, and defense.
In both a normal scenario or an apocalyptic scenario, physical gold falls short.
An EMP attack would not destroy your ₿itcoin-- it would just temporarily stop transactions from taking place. As soon as electricity and/or internet was restored to all or part of the world, the ₿itcoin network could go back to confirming transactions and you would be able to access your ₿itcoin again. A snapshot of the UTXO set right before the EMP attack could be used as the starting point for when the ₿itcoin network comes back online.
Not investment advice! Consult a financial advisor.
Nuclear EMP:
https://en.wikipedia.org/wiki/Nuclear_electromagnetic_pulse
The Growing Threat From an EMP Attack:
https://www.wsj.com/articles/james-woolsey-and-peter-vincent-pry-the-growing-threat-from-an-emp-attack-1407885281
Starfish Prime:
https://en.wikipedia.org/wiki/Starfish_Prime
One Atmospheric Nuclear Explosion Could Take Out the Power Grid:
https://spectrum.ieee.org/one-atmospheric-nuclear-explosion-could-take-out-the-power-grid
Coronal mass ejection:
https://en.wikipedia.org/wiki/Coronal_mass_ejection
Carrington Event:
https://en.wikipedia.org/wiki/Carrington_Event
Faraday cage:
https://en.wikipedia.org/wiki/Faraday_cage
Blockstream satellite:
https://blockstream.com/satellite/
Original Video by Trader University: https://www.youtube.com/watch?v=FgvzsDhV0oc
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