I have some Bitcoin so I’m not suggesting don’t buy. However, a weakness I see of Bitcoin that was not mentioned in this discussion is it relies entirely on a functioning electrical system. Reliable electrical systems require 10s of thousands of workers to serve and maintain them every minute of every day. I doubt any country’s electrical system will last more than a day or two after the workers stop work, which they will do when their pay in traditional currencies is no longer worth working for.
Feb 04, 2021