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A comment on Doomsday Preppers Are Starting to Switch from Gold to Bitcoin.

Re:Doomsday Preppers Are Starting to Switch from Gold to Bit... by matt_wulfeck on Monday November 20, 2017 @11:03AM (#15740858)
Doesn’t processing a transaction cost the the same energy as a house for 7 days? This has got to be the most absurd switch I’ve ever heard of in a doomsday scenario.
[ Parent | on HN ]
Re:Doomsday Preppers Are Starting to Switch from Gold to Bit... by jacobush on Monday November 20, 2017 @11:13AM (#15740957)
Not that I agree that bitcoin is a good prepper's choice, but to be fair, in a catastrophic event, the energy requirement would drop. If all the ASIC miners are going offline (due to bombings of power plants in China or whatever) then the hash rate would drop and the power requirements with it.
[ Parent | on HN ]