In wartimes, people that have buried their money/gold/whatever have been tortured until they spit out the location of their savings to their torturers.
Today, that "locations" would be your 12/24 key phrases.
Would BTC, thus, work in wartimes? Idk
I recently heard the argument: Money can only work if there's a higher entity (state, government, police) that ensures a safe usage of money and ensures that money that you own can safely remain in your hands (there's no 100% guarantee, but at least it's not like we get robbed and killed for money on a daily basis, so the system works up to a point).
So is it a good idea to position BTC as the "anarchical", individualistic, anti-centralistic anti-state money"? Wouldn't we rather want the state to support BTC? What could we do to have the state support BTC (partially against what's currently considered to be a a state's interest)?
Both social media giant Twitter and independent online publisher Substack have officially integrated Bitcoin tipping and payment services through third-party partnerships with Strike and OpenNode, res...
Or at least, this looks like it's the end of Bitcoin. The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 t...