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RE: Digital Assets 2030: The Hive Advantage in a Shifting Financial Landscape
Digital boundaries can be applied by isp not allowing you to visit certain sites, like here fitgirl site is blocked... So they could just block all hive sites and you are done unless you use a proxy or VPN which an average user would not do... What worries me more about the future of crypto is the geopolitic situation we are living, we are not too far from a world War or anyway some big war, what would happen then with crypto? Servers dead, no internet, crypto would get a hard hit
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In case of a world war, your worry applies not only to cryptocurrency but to all aspects of life including traditional finance. Survival will be the top priority over worry about cryptocurrency. Though not all servers will be destroyed, crypto transactions will certainly be disrupted in such a scenario. However, I doubt that the entire network of cryptocurrencies will cease to exist. A post-war reconstruction might take time but human resiliency will find a way to bounce back from such a destruction. Also thinking about alternative communication channels without internet infrastructure. How about satellite nodes that don’t rely on ground servers?
Yep even normal currency would struggle, only gold would keep it's value I think (even tough when there's no food even a piece of bread is worth it's weight in gold)... Satellites would most likely be taken down by each other to cut off comms, GPS, and so on of the enemy, maybe servers in remote zones like Antarctica, isolate islands could still stand to rebuild everything later