The Russian government declared a state of emergency after tsunami waves hit its coastline. Meanwhile, in Japan, evacuation orders were issued after tsunami waves struck large parts of the country's coastal regions.
Even in a force majeure situation, economic activities typically continue, albeit at a lower intensity. Therefore, payment systems must remain efficient and fast.
When China was hit by floods, for example, cellular base stations mounted on drones were deployed to maintain communication. These drones were capable of providing communication services for a full day over an area of more than 50 square kilometers.
This technology promises extensive connectivity, reducing the risk of payment system network disruptions during emergencies. So, what about Bitcoin?
Bitcoin transactions are direct and can be processed quickly. For instance, after the Myanmar earthquake in March 2025, Bitcoin donations via the Lightning Network successfully channeled funds rapidly, even with unstable internet and electricity.
"Crypto offers advantages over fiat, especially in emergencies. Transactions on blockchain networks can be completed in minutes, bypassing intermediaries, which is crucial when time is life-saving," said blockchain expert Andy Lian.
However, these assets also have weaknesses. Los Angeles residents fleeing wildfires have lost their hardware wallets and digital assets.
One unfortunate 70-year-old resident lost his life savings stored in Bitcoin when the private keys he had written on paper burned. Cash payments are also equally risky, as they can be entirely lost if there's an urgent need to abandon them.
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