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@cjd @teknomunk @bot there's a lot of gray area between a perfectly functional globally-routable, always-on internet and total internet failure.
when your ISP is calling distributor after distributor trying to find switches or transceivers or cards for the CMTS/DSLAM and nobody can give an estimate of when they'll be restocked, that's gonna be a problem. best case scenario they've got a large inventory of equipment that some dork with a MBA hasn't discovered and demanded to liquidate in the name of this quarter's profit. otherwise they'll have to look at finding equipment from a different manufacturer, which is a real challenge when you have thousands of techs trained in your current system. is an adtran router really that different from a cisco? not at all, but managing them at scale is the challenge.
meanwhile, everyone you want to make a transaction with is also struggling to find hardware.
>sorry, the payment processor we use for crypto is having an outage
>sorry, the credit card machine is broken and our vendor won't have a replacement for 3 weeks
>sorry, the e-commerce platform we use is having intermittent connectivity problems
>sorry, our server broke last week so we're taking orders by hand and only accepting cash
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> cheap, plentiful and reliable electricity
Even a world war is not going to mean electricity is unreliable everywhere in the entire world. Even if Texas is the only place with reliable electricity, they're going to continue mining.
> globally-routable, always-on internet
Ditto, knocking out the Whole Entire Internet in every country in the whole world, even for an hour, it essentially impossible. It's really not expensive for a mining operation to setup a starlink or a hughesnet dish to supplement their network.
Bitcoin is a lot more resilient than you would think. Biggest threat is something which wipes out all electronic devices on earth. But that's putting humanity back in the stone age so no kind of money will have value.