molly0xfff,
@molly0xfff@hachyderm.io avatar

i...

soviut,
@soviut@hachyderm.io avatar

@molly0xfff Ah yes, because Bitcoin doesn't rely on technology susceptible to solar flares.

foone,
@foone@digipres.club avatar

@molly0xfff annoyingly I've written about this before. It's solely because of people who have copies of the blockchain stored on offline/unplugged computers that wouldn't get fried.

But let it be known that if society falls, me and my gang of roving bdsm-core warriors will be finding and smashing every one of those computers.

aburka,
@aburka@hachyderm.io avatar

@foone @molly0xfff so, it would survive the same way the fried transformers survive, in that they would still exist, but they wouldn't do anything anymore

foone,
@foone@digipres.club avatar

@aburka @molly0xfff yeah. And most crucially, it'd provide a way for people to bring the blockchain back online once technological civilization is restored.

Thus the smashing

zalasur,
@zalasur@mastodon.surazal.net avatar

@molly0xfff The people who hoard gold have a more coherent argument than whatever it was that I just read 😆

enkiusz,
@enkiusz@is-a.cat avatar

@molly0xfff hodl till the end

momo,
@momo@mk.absturztau.be avatar

@molly0xfff This is like the guy that said you could take your crypto to Heaven because it’s all just math

molly0xfff,
@molly0xfff@hachyderm.io avatar

@momo everyone knows there's no math in heaven

stux,
@stux@mstdn.social avatar

@molly0xfff that’s about the average mindset of crypto bra’s 🫣 it just doesn’t make any sense

alda,
@alda@topspicy.social avatar

@molly0xfff Totally not a death cult.

dozymoe,
@dozymoe@mastodon.social avatar

@molly0xfff are they talking about solar panels? I thought cryptobros were the nuclear power plant type.

molly0xfff,
@molly0xfff@hachyderm.io avatar

@dozymoe it's not entirely clear to me. some combination of "radio" and "only half the world would be fried" https://cryptoslate.com/even-if-this-weekends-solar-storm-destroyed-civilization-bitcoin-would-survive/

dozymoe,
@dozymoe@mastodon.social avatar

@molly0xfff oh it's about the solar storm

it's interesting case, if they don't have a situation where most of their wealth is locked down on the side of the world getting the storm

molly0xfff,
@molly0xfff@hachyderm.io avatar

@dozymoe the crypto holdings would still be safe regardless, though if they were using a hardware or other digital wallet without offline backups they could certainly run into an issue...

justanotherengineer, (edited )

@molly0xfff @dozymoe

This statement in the article completely fluxxomed me: "Multi-signature wallets and strict authentication protocols can also protect companies against disruptions caused by space weather."

Uh, no. Signatures are about authentication and unauthorized access. This does nothing to protect against a power outage or an EMP type event. Sure, if there were intact nodes the transaction record would be intact,but not necessarily your wallet.

blindpete,
@blindpete@hachyderm.io avatar
light,
@light@hachyderm.io avatar

@molly0xfff
🤣😂 I guess nothing can stop the cryptocurrency weirdos shilling their scams. 😮‍💨

beep,
@beep@follow.ethanmarcotte.com avatar

@molly0xfff wow makes u think

cory,
@cory@social.lol avatar

@beep @molly0xfff there’s a comparison to cockroaches here that I’m not quite clever enough to put into words

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