Listen to what Michael Saylor, the founder of MicroStrategy, has to say - this guy is bragging about the amazing aspects of Bitcoin again.
The core idea is actually quite interesting: what would happen to Bitcoin if there was a global blackout for ten years and all computers went dark? Saylor says the answer is - the protocol would not die; it would simply enter a dormant state. As long as one node restarts, the entire network can be instantly revived.
Why is this possible? Because Bitcoin runs on thousands of distributed nodes, each of which backs up a complete ledger. This architecture is essentially unbreakable, untraceable, and indestructible. Saylor refers to this as “nuclear-level protection.”
In contrast, traditional banking systems appear particularly fragile. The financial data of banks exists on centralized servers, which can either be deleted due to technical failures, taken away by hackers in one go, or have their physical infrastructure damaged—once an incident occurs, the data on the books may be permanently lost. The difference is too significant.
Speaking of this, Saylor's company Strategy recently bought 397 BTC for 45.6 million USD, with an average price of 114,771 USD per coin. Now, Strategy's Bitcoin reserves have soared to 641,205 coins, with an average cost of 74,057 USD. This guy's investment logic is completely consistent with his statements - he is optimistic about Bitcoin's long-term viability.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Ultimate Resilience of Bitcoin: It Can Survive Even a Global Power Outage for 10 Years
Listen to what Michael Saylor, the founder of MicroStrategy, has to say - this guy is bragging about the amazing aspects of Bitcoin again.
The core idea is actually quite interesting: what would happen to Bitcoin if there was a global blackout for ten years and all computers went dark? Saylor says the answer is - the protocol would not die; it would simply enter a dormant state. As long as one node restarts, the entire network can be instantly revived.
Why is this possible? Because Bitcoin runs on thousands of distributed nodes, each of which backs up a complete ledger. This architecture is essentially unbreakable, untraceable, and indestructible. Saylor refers to this as “nuclear-level protection.”
In contrast, traditional banking systems appear particularly fragile. The financial data of banks exists on centralized servers, which can either be deleted due to technical failures, taken away by hackers in one go, or have their physical infrastructure damaged—once an incident occurs, the data on the books may be permanently lost. The difference is too significant.
Speaking of this, Saylor's company Strategy recently bought 397 BTC for 45.6 million USD, with an average price of 114,771 USD per coin. Now, Strategy's Bitcoin reserves have soared to 641,205 coins, with an average cost of 74,057 USD. This guy's investment logic is completely consistent with his statements - he is optimistic about Bitcoin's long-term viability.