> possibility of solar flares wiping out storage/data -- at my bank, on my hard drive and what not.
Oh, one solar flare can solve global inequality in an instant! There money in all bank account would dissapear and the recently rich would have to pull themselves up by the bootstraps!
Blockchain is much more resilient than regular databases. There are thousands of copies of it across the globe, some are stored deep underground, and even some were launched into the space, I believe.
Oh, one solar flare can solve global inequality in an instant! There money in all bank account would dissapear and the recently rich would have to pull themselves up by the bootstraps!