Usable, I didnt say perfect, also the fire is not exclusive to Teslas, You should see what remains of electric Golf 8 GTE just after driving 300km. They had to cool the batteries few times after fire before transporting it to this special container, where it had to spend some time immersed in water.
Batteries store a lot of energy. 22 firemen had to be there. on the place where it was burning.
Doesnt have to be, infact cars in general require the ability to produce fire. Usually though the combustion is inside the engine and on purpose.
nuff said…
I’m not sure why some people think optimizing the investment strategy around the end of civilization is somehow a good idea. But hey, good luck.
that’s not enough said.
Tesla is a massive company most people would consider a leader in the field. They invested 1.5 billion dollars into bitcoin.
It’s calculated risk, like all investments. It doesn’t matter that you want to trivialize the investment, it’s still 1.5 billion USD.
Because they Want an end to civilization. It’s a growing trend in the developed world. A sickness that comes from having been turned into ants, slaving away for their queen.
Most people will never make enough money to realize their aspirations or dreams. They work hard, put in a lot of hours, and when they get old barely survive.
It’s a rigged system, and even if people don’t consciously realize it, their subconscious does. So, instead of trying to fix the system, they’d rather day dream about it all ending.
I cartainly do not. I like my civilization thank you very much.
But you know, civilizations indeed are gone one after another, just in a slightly longer time periods than one life. War can happen few times in a lifetime tho, so having some universal asset is nice to have. Just in case.
And thats the rub.
A self-interested society has no interest in fixing a system if they are not going to profit from it.
I somehow don’t think that “universal assets” will stay in your posession in a war. How are you going to secure them?
For bitcoin I can memorize 26 words and I can transport any amount in my head without someone even noticing.
Because people are going to keep those nodes up and running in a war at all costs.
If you’re not running you’re own it’s game over already as you’re depending on others
Now, imaging having the LAST node on the planet, start the bidding. The ONLY copy remaining of that blockchain.
I don’t think everyone needs to run a node. I don’t evem think everyone needs to manage their own keys. Tge majority of people will use it via custodial services.
The option to use it completely independant still exists for eveyone and that is the important difference to the legacy system.
Keys to what? That’s my point.
if there’s no copies remaining and no nodes, it’s game over.
If the entire node network goes down, you have bigger problems. Fact is, if the financial system fails, bitcoin will be as worthless as any other currency. What are you gonna buy with digital currency that can’t be used everywhere?
You can use it offline, but my point is, what if the records, the blockchain itself is gone.
You can also use it on a store and forward interspace network.
Cryptocurrencies aren’t accepted as payment for much of anything. You take real money and buy the “cryptocurrency” - then, when you want to buy something, you maybe can trade in the cryptocurrency for real money. Or, you hold onto the cryptocurrency forever, and imagine that it is some kind of magic winning lottery ticket.
Bitrefill disagrees
When the IRS accepts Dogecoin, we can talk.
Not if the entire financial system falls. It’s as worthless as any other currency.
You don’t seem to understand. In a doomsday situation, people will trade in commodities and services, not digital currency. Even precious metals will have limited use.
Food, medical supplies, power, working vehicles.
Have you never seen the walking dead?
I can buy almost everything here for bitcoin. Soon I can even pay my taxes with bitcoin.
But “hurr durr” gouvernment ban!!
LOL. Maybe so. LMAO.
Cryptocurrencies are a total scam, 100%.