Bitcoin ‘can survive an apocalypse’ using old-school technology, says CoinDesk researcher

https://bitconnect.co/?ref=zaidi1813

• Bitcoin transactions are being “broadcast on shortwave radio” and “satellites,” the director of research at CoinDesk tells CNBC. “We’re fine.”
• Trading in bitcoin this week has been on a wild ride, with record highs over $19,000 per unit on one exchange to lows of under $15,000.

Rest assured, in the event of an apocalypse or massive internet shutdown, bitcoin will survive using offline technologies, a CoinDesk researcher told CNBC on Friday.

“We’re fine,” said Nolan Bauerle, the director of research at CoinDesk, a digital media company aimed at the digital asset and blockchain community. Bitcoin transactions are “being broadcast on shortwave radio,” he explained. “They’ve [also] launched satellites into space. You can survive an apocalypse.”

blob:https://www.cnbc.com/9bbff80c-0ed4-4ac9-90aa-b5e6dfa27b8d