While solar storms cause #auroras and are pleasing to be looked at, th ...

in D.Buzz2 months ago (edited)

While solar storms cause #auroras and are pleasing to be looked at, these phenomena can disrupt power grids and satellite functions. Similar to the old saying "Not all that glitters is gold".

https://www.livescience.com/solar-storm-cme-september-2021


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Decentralized crypto is relient & can handle most situations. Sadly, a power outage isn't 1 of them, especially if it lasts 4 a long time. An EMP would bring us back 2 D 1850s, & a coronal mass ejection hitting Earth could do more than that. That's not good 4 crypto.

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Yes you're right. Power outage is probably the biggest threat to crypto right now.

For this reason alone it's a good idea to have some money in the form of precious metals. Fot those not keen on this idea, they can think of it as a BREAK GLASS IN CASE OF EMERGENCY kind of money. Otherwise, go with crypto when the lights are on.

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