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Topic: 2 problems with Bitcoin - page 5. (Read 4002 times)

hero member
Activity: 546
Merit: 500
January 15, 2014, 01:58:32 PM
#3
1. Carrington type event
2. no intrinsic value

comments?


1. I think in the event of a solar flare large enough to take out the whole internet, we will have bigger things to worry about than bitcoin being unavailable for a little bit. Credit card processing, telephones, money transmitting, the stock market, cell phones, television, and radio would all be unavailable.

2. So? You need to provide a better explanation as to why this is a problem.
hero member
Activity: 840
Merit: 509
January 15, 2014, 01:55:32 PM
#2
1. Carrington type event
2. no intrinsic value

comments?

Why does something have to have intrinsic value? And I don't know what the first one is.
sr. member
Activity: 434
Merit: 250
January 15, 2014, 01:44:45 PM
#1
1. Carrington type event
2. no intrinsic value

comments?
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