Could Bitcoin Survive A Nuclear War?

1 year ago
5

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.

In this video, I discuss whether Bitcoin could survive a nuclear war.

I conclude that (like cockroaches, viruses, and cannabis) Bitcoin is extremely difficult to completely wipe out globally. There are many tens of thousands of copies of the Bitcoin blockchain globally distributed and held by nodes worldwide.

Just a single copy of it would be sufficient to reboot Bitcoin, once the electricity and semiconductor plants are restored.

By contrast, it's not at all clear whether government money, government paper, stocks, bonds, or other "paper wealth" would survive a nuclear war. And even if they did, it's highly likely that they would get partially or entirely confiscated as part of a global financial system reboot.

Bitcoin remains the most durable and robust currency for the world, in both good times and apocalyptic scenarios.

Not investment advice! Consult a financial advisor.

Map of Bitcoin nodes:
https://bitnodes.io/

Adam Back says there are 100k nodes:
https://twitter.com/adam3us/status/13...

Oldest viable seed:
https://en.wikipedia.org/wiki/Oldest_...

Bitcoin and cockroaches survive nuclear wars:
https://i.kym-cdn.com/photos/images/o...

The Bonsai Tree That Survived the Bombing of Hiroshima:
https://www.smithsonianmag.com/histor...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#nuclearwar
#crypto

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

Loading comments...