#ArizonaBTCReserve Yesterday's blackout in Spain and Portugal and parts of France showed another weakness of Bitcoin and cryptocurrencies. All it takes is a technical failure, a cyber attack, or solar flares, and we may be without power for hours, days, weeks...
People are urging to withdraw money from the bank while it's still possible, but can we do the same with $BTC ? Answer for yourself.
The state of Arizona wants to build reserves in Bitcoin - while still dependent on market speculation, this may be a controversial decision, but what will they do when the power runs out?