Comment

Comment on When society completely transitions to cash-less, what happens when the power goes down? End of the world?

explodicle@sh.itjust.works ⁨4⁩ ⁨days⁩ ago

That’s a little bit easier because they’d “only” need a satellite dish and battery backup. It’s less dependent on local infrastructure.

Sort:hotnew top

glowing_hans@sopuli.xyz ⁨3⁩ ⁨days⁩ ago
Interesting did not think about it that way.

that satellite dish will eat a lot of energy for bidirectional communications, starlink requires as much as a refrigerator, if I recall correctly

maintaining that satellite network is quite energy intensive, but requires non local infrastructure
source
- explodicle@sh.itjust.works ⁨3⁩ ⁨days⁩ ago
  Right now it’s mostly unidirectional. There’s a satellite constantly broadcasting the blockchain, and if you want to publish a transaction you need to get it back to civilization somehow. So isolated communities would need payment channels with really slow (weeks) settlements.
  
  You can use Starlink too but yeah like you said that’s not cheap or easy.
  
  source