Since its creation, people have searched for a “use case” for Bitcoin. It seems the world has no use for money that you can send to anybody, anywhere, anytime, in any amount, without restriction, without revealing your sensitive personal information, without putting your property in another person’s control, with certainty that your transaction will go through and confirmation that every payment you receive is authentic and valid. Nor do they care about having a way to conduct finance that works in all conditions, even when counterparties fail, without political violence, military coercion, government manipulation, or sovereign debt. Fine. Did they ever stop to think about what would happen after nuclear war destroys the financial and monetary infrastructure of legacy governments? I did! While your government’s currency won’t work after the nuclear holocaust (assuming your government is even around), Bitcoin will. It’s a computer protocol. Nuclear war can’t destroy it. In fact, once people recover the capacity to use computers, mint coins, and print paper, they might find it easier to adopt Bitcoin rather than rebuild their old financial systems. (In our hypothetical scenario, those “old” financial systems refer to our current financial systems.) Today’s financial systems cost billions of dollars and require extensive experience and operational savvy. They need regulators, courts, lawyers, compliance departments, clearinghouses, accountants, settlement companies, brokers, traders, power companies, cybersecurity experts, and a whole legal and regulatory apparatus. With Bitcoin, you just need to plug in a device. Which is easier to do after a nuclear war? Available as a collectible NFT on Mirror. https://mirror.xyz/0x9a6600c7B40801dda9A0Fa4E8DE7b1B99FE524a7/3YRBMbrTMEQZGHyZ3MYe-01_XlS8KQPZzjhg7ALLUeQ?embedable=true Mark Helfman publishes the Crypto is Easy newsletter. He is also the author of three books and a top Bitcoin writer on Medium and Hacker Noon. Learn more about him in his bio and connect with him on Tealfeed. Since its creation, people have searched for a “use case” for Bitcoin. It seems the world has no use for money that you can send to anybody, anywhere, anytime, in any amount, without restriction, without revealing your sensitive personal information, without putting your property in another person’s control, with certainty that your transaction will go through and confirmation that every payment you receive is authentic and valid. Nor do they care about having a way to conduct finance that works in all conditions, even when counterparties fail, without political violence, military coercion, government manipulation, or sovereign debt. Fine. Did they ever stop to think about what would happen after nuclear war destroys the financial and monetary infrastructure of legacy governments? I did! While your government’s currency won’t work after the nuclear holocaust (assuming your government is even around), Bitcoin will. It’s a computer protocol. Nuclear war can’t destroy it. In fact, once people recover the capacity to use computers, mint coins, and print paper, they might find it easier to adopt Bitcoin rather than rebuild their old financial systems. (In our hypothetical scenario, those “old” financial systems refer to our current financial systems.) Today’s financial systems cost billions of dollars and require extensive experience and operational savvy. They need regulators, courts, lawyers, compliance departments, clearinghouses, accountants, settlement companies, brokers, traders, power companies, cybersecurity experts, and a whole legal and regulatory apparatus. With Bitcoin, you just need to plug in a device. Which is easier to do after a nuclear war? Available as a collectible NFT on Mirror. Available as a collectible NFT on Mirror. Available as a collectible NFT on Mirror . Mirror https://mirror.xyz/0x9a6600c7B40801dda9A0Fa4E8DE7b1B99FE524a7/3YRBMbrTMEQZGHyZ3MYe-01_XlS8KQPZzjhg7ALLUeQ?embedable=true https://mirror.xyz/0x9a6600c7B40801dda9A0Fa4E8DE7b1B99FE524a7/3YRBMbrTMEQZGHyZ3MYe-01_XlS8KQPZzjhg7ALLUeQ?embedable=true Mark Helfman publishes the Crypto is Easy newsletter. He is also the author of three books and a top Bitcoin writer on Medium and Hacker Noon . Learn more about him in his bio and connect with him on Tealfeed . Crypto is Easy Crypto is Easy Medium Medium Hacker Noon Hacker Noon bio Tealfeed

How to Earn $1,000 a Month in Crypto Without Trading

What to Expect From Bitcoin in the Next Few Months

Crypto is Easy Newsletter

Nominated for 2022 - HackerNoon Contributor of the Year - Cryptocurrency

Nominated for 2022 - HackerNoon Contributor of the Year - Investing

Nominated for 2022 - HackerNoon Contributor of the Year - Bitcoin

Nominated for 2022 - HackerNoon Contributor of the Year - Crypto Trading

Nominated for 2022 - HackerNoon Contributor of the Year - Money

Too Long; Didn't Read

Like a Cockroach, Bitcoin Will Survive a Nuclear War

Like a Cockroach, Bitcoin Will Survive a Nuclear War

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

2020 is The Year Wall Street Could Take Over Cryptocurrency

The Noonification: Blockchain ❤️s WASM: Chapter Arbitrum (11/13/2023)

10 Shared Beliefs of a Bitcoin Maximalist

3 Common Reasons Why Hedge Funds Still Refrain from Investing in bitcoin

59 Stories To Learn About Bitcoin Maximalism

76 Stories To Learn About Bitcoin Adoption

2020 is The Year Wall Street Could Take Over Cryptocurrency

The Noonification: Blockchain ❤️s WASM: Chapter Arbitrum (11/13/2023)

10 Shared Beliefs of a Bitcoin Maximalist

3 Common Reasons Why Hedge Funds Still Refrain from Investing in bitcoin

59 Stories To Learn About Bitcoin Maximalism

76 Stories To Learn About Bitcoin Adoption

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps