A whole year without electricity worldwide would be devastating for cryptocurrencies. Being completely dependent on the internet, servers, and mining networks, the blockchain would come to a standstill, preventing transactions, validations, and access to digital funds. Miners would abandon the network, exchanges would remain inactive, and the value of cryptocurrencies would plummet as they could neither be used nor transferred. In that scenario, trust in digital assets would fall drastically, while people would seek refuge in traditional forms of value such as gold, silver, or even bartering. After the restoration of electricity, only the most resilient cryptocurrencies would survive, although with a severely damaged market and trust difficult to regain.
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