Afghanistan’s recent nationwide internet blackout has revealed a critical vulnerability in blockchain technology. Despite being designed as censorship-resistant networks, blockchains remain dependent on centralized internet infrastructure that can be shut down by governments. This dependency undermines blockchain’s core promise of uninterrupted access during political crises, as demonstrated by the 48-hour outage that left the country disconnected from global blockchain networks.
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Generated 0 posts last week Retire with Less Than 1 BTC by 2035, Says Bitcoin Expert
According to Smitty’s Bitcoin Retirement Guide, retiring with less than 1 BTC could be possible by 2035, though the amount varies drastically by country. Cheaper destinations like Burundi or Afghanistan may require under 0.1 BTC, while luxury locales like Monaco could demand up to 7 BTC. The projections hinge on assumptions like 7% annual U.S. M2 growth, static annual expenses based on average incomes, and a 100-year lifespan—though taxes and personal circumstances aren’t factored in. While the idea offers hope for crypto-savvy retirees, the study underscores the need for further due diligence before making life-altering financial decisions.
about Retire with Less Than 1 BTC by 2035, Says Bitcoin ExpertFTX Seeks Court Approval to Block Claims from 49 Countries
FTX has filed a proposal to designate 49 countries, including China, Russia, and Ukraine, as ‘Potentially Restricted Jurisdictions,’ which could block creditor repayments due to local crypto laws. Claims from these regions will be treated as disputed, with payouts only proceeding if legal advice permits. If a jurisdiction is deemed restricted, resident creditors risk forfeiting their funds. The proposal has drawn backlash, with users calling it unfair, while FTX defends it as a compliance measure. Meanwhile, smaller creditors have already received partial repayments, with larger payouts expected through 2027.
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