Saturday, October 30, 2021

Could a solar flair destroy digital ledgers?

How common are EMPs from solar flairs? Could they do damage or destroy crypto ledgers? If so, how big would they need to be? Also, would a similar event do damage to other existing financial institutions or would there be offline backups or something?

I'm not trying to be a doomsayer or anything, I guess if a solar flair took out that many electronics bitcoin prices probably wouldn't be that important anymore. But just as a question of store of value I thought its an interesting thing to think about. How damaged would the internet be to destroy cryptos? And how likely could that actually happen?


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