##  <center> The Most Fragile Singular Point of Failure EXPOSED</center>
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>_To begin with, for those not yet acquainted with the basic purpose, attributes, and characteristics of “money” and “currency” as it were, I respectfully direct the vast multitudes residing within this  highly populated category to an ongoing You-Tube series entitled, “**The Hidden Secrets of Money**.”_ 
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>_Each episode is entertaining and very easy to digest and understand from a layman’s perspective, and I trust that after viewing all of the attendant episodes that each of you will have a far better appreciation for what this post is all about._ 
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 >_Thereafter, one can begin their respective journey of enlightenment by first focusing their intellect, and then embracing their rationality and reason upon that which is contained in episode-1 and well beyond, - and then – at any point within one’s “ah-ha” moments along the way, they can then return to this post at their leisure to derive and contemplate the essential message contained herein._
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<center>  https://youtu.be/DyV0OfU3-FU </center>

# <center> "TANGIBLE" </center>

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>_Cutting to the chase for those in “the know” and with limited patience, what I’m getting at here is a true “cash-like” anonymous  media – tangible and fungible in every possible realm, which would set to rest, once and for all, the singular point of failure and short-comings of all crypto-currencies as we know them today._
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  ##  <center> If “Crypto” is ever going to seriously compete with “government-issued Fiat,” it is ESSENTIAL that it possesses a TANGIBLE CASH EQUIVALENT.   Period!  Please indulge me as I make my point… </center>

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>_With that said, here is my story… So, there I was, discussing various points of business with @luzcypher and @meno on discord one evening, whilst at the same time trying to wrap up my week-long reviews of all the entries for Open-Mic’s week 87 when suddenly, **BAM** - lightening strikes, and my freaking internet and phone goes offline._  
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>_Such a seemingly minor inconvenience left me with an inordinate amount of free time to fully contemplate the ramifications of such on a larger and far more important scale than simply being delayed in tending to the business of the #openmic._
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>_So, thanks to this minor electrical storm and attendant internet outage, my forward for that week came completely from left field, and touched upon what I view as a major flaw and existential frailty within the crypto and blockchain eco-systems at large._
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## <center> ...**Frailty** </center>
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>_Many tech-savvy developers often talk about minimizing and avoiding exposure to a common singular point of failure when it comes to matters of security and reliability surrounding crypto-currency and the blockchain.  I agree with them wholeheartedly insofar as identifying such weaknesses and doing whatever logical and necessary to mitigate such weak points and risks by way of providing redundant backups, workarounds, and installing various safeguards in order to avoid undue exposure to such serious existential risks to the underlying eco-system._
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>_However, one MAJOR frailty that ALL of THEM fail to address is the single point of failure concerning the IMMEDIACY and URGENCY surrounding power outages be they temporary from a minor electrical storm, more severe and elongated power outages due to other disasters natural or otherwise (Puerto Rico anyone?), and as well with regard to the plausibility of “**governmental executive orders**” to hit the “internet kill switch” as is were.!  What happens then?_  

## <center> Come on guys, we need to step up to the plate here and address this rather poignant singular point of failure. </center>  
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>_We’re all screwed is what happens – PERIOD!  This ELEPHANT-IN-THE-ROOM aka "**the singular point of vulnerability and failure**" - should be on every whiteboard from here to eternity until a solution for such frailty has been addressed and eliminated to the very same extent, or at least on par with that of the currently available anonymous “cash” transaction capability of a tangible sort, which facilitates remedy to such existential frailties, and is currently in the back pocket of the major competition and part of the monopoly powers associated with the corrupt government-fiat money system!_  
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##  <center>  Whoa – yeah, people… You might want to re-read that last paragraph several times in order for it to really sink in… </center>
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>_“**WARNING**”!  Indeed, this is a huge upper hand and major advantage that government-issued fiat has over any dreams of a utopian decentralized digital currency.  More important to its present advantage, and rather telling at that, is just how much “corrupt governments” wish to “abandon” and “eliminate” their current fiat “cash” advantage – and move to a more perfect centralized government based “cashless system” just like the current cryptosystem. Hmmm... What might that be all about?_  
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>_Corrupt and authoritarian governments just LOVE the centralized control and authoritarian oversight that a “cashless society” would bring.  Such wishes by governments should sound a deafening alarm bell for the crypto-sphere to IMMEDIATELY come up with a crypto form of “tangible cash” as soon as possible._ 

# <center> **ARE YOU FEELING ME ON THIS**? </center>
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>_Yes, it’s a tall order, to say the least, but hey, these programmer’s and tech engineer’s are truly geniuses, right? – and they’re selling us all on this world-changing financial technology, which we all seem to be buying into hook, line, and sinker.  So yeah, I think it is VERY possible for them to design a fool-proof and incorruptible form of “**tangible digital cash**” that is not reliant upon the internet or government power grids._


![Cassious Digital Coin - Tangible.jpg](https://cdn.steemitimages.com/DQmSBosm3R6oBbuNEhNXH3MS1LCQWF69QqDWXzVUdzLnQNH/Cassious%20Digital%20Coin%20-%20Tangible.jpg)

## <center> **Cryptos NEED A "TANGIBLE" CASH-like EQUIVALENT!** </center>
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>_...I for one am convinced that without a cash-like “**tangible**” equivalent, crypto’s are arguably WORSE and far inferior compared to the current legacy-Fiat debt-based monopoly money most of us currently use and rely upon daily.  Why am I convinced of this?_
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>_Because if the net goes down or power goes out for more than a day or two, **CASH BECOMES ESSENTIAL**.   In the event of an extended national emergency or amid an otherwise personal urgency of local origin which impels one due to immediate and urgent circumstances, - to acquire an essential good or life-saving service during said power failure, and those individuals contending with such life-threatening challenges HAVE NO VIABLE MEANS TO EFFECTIVELY TRANSACT ON DEMAND in the REAL WORLD  - is 100% why a tangible form of crypto cash is so essential._ 

 ##  <center>  Such a single point of failure is likely to create an extremely dangerous state of widespread pandemonium within 48-hours or less.  That’s why I’m 100% convinced that if digital cryptocurrency is to ever replace government fiat money, it needs to have a tangible digital cash equivalent.  It’s that simple. </center> 
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>_At present, crypto’s offer NOTHING in this regard - ZERO, and are totally WORTHLESS in such circumstances when money is most urgently needed for survival.  Whereas good old fashioned CASH, even of the most dubious Fiat realm, still maintains its full and anonymous capacity to transact and get you what you need should you find yourself in a state of urgency and essential need to acquire local goods or services on a moment’s notice._ 
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>_**Worthless Until the Power Comes Back On**: Until power is restored and access to your cryptos is reinstated by the “government power-grid,” - thereby allowing you to resume the “privilege” to transact freely in an otherwise decentralized and libertarian/voluntary fashion, - all holders of such digital assets are otherwise SCREWED in the REAL WORLD just when they need access to their money the most. – PERIOD. – No argument or need for further discussion is required. Unless of course, I’ve not yet gotten a rather important memo - Do enlighten me if I need to be informed otherwise._ 
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## <center> In closing, UNTIL there is an IRON-CLAD solution to this major “**singular point of failure**” and extreme vulnerability, crypto’s, no matter how valiant and worthy, shall NEVER, EVER, EVER have what it takes to fully empower and liberate societies and civilizations to the levels they are claiming they can – or promise too. </center>
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>_I dunno, perhaps coming up with something that would be broadly accepted similar to and as simple as providing deliverable physical access to end users - an otherwise worthless tangible token, bill, or device, something along the lines of the relatively worthless coins or notes currently furnished by governments that serve in facilitating fair-market representation of their corrupt fiat monopoly money - might be a good place to start. Or even a smart device of some sort, like a solar-powered wallet/token with memory and security features that can pre-link to one’s online digital assets and update such in real time – and when the power comes back on._

<center> ![Digital Wallet - Transferrable Promissory Note.jpg](https://cdn.steemitimages.com/DQmNSRJWpwWMY8ENq6VP8h1ra4kFxWzB816FTyPEi17tJn6/Digital%20Wallet%20-%20Transferrable%20Promissory%20Note.jpg) </center>

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## Granted, all this would require the continual saving of a “hard copy” of the blockchain for easy retrieval to honor all transactions and smart contracts despite the prospect of widespread and elongated power outages. Once power is restored, all such data will update immediately, and reconcile according to what happened in the "real" or “tangible” world outside of any prospective (One-World) government-sanctioned power grid. 
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>_Perhaps such physical tokens/promissory wallets, might simply be a solar-powered hardware device containing secure digital info that would be pre-linked from one’s online digital wallet so as to prevent double spending of such (any tangible transactions emanating from such a device would automatically reconcile in the digital wallet and on the blockchain in real time or whenever the power came back on)._  
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>_Acquiring access to such smart devices/tokens/transferrable wallets with the capability to directly and anonymously transfer or promise to transfer digital assets resident on such a physical devices or tokens without the internet or hard-wired electricity, or at the very least, be able to exchange such “**physical promissory tokens**” (PPT’s) or devices for local fiat via some non-governmental 3rd party on-demand money exchange service similar to a brick and mortar bank, would be a real fine place to start._ 

## I'll just rant a bit further here for the sole purpose of getting those with such faculties to think this through more thoroughly - however, I trust that everyone gets the point I'm making here - and how profoundly IMPORTANT it is to address this SINGULAR POINT OF FAILURE.
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>_How about physical token devices, which individuals can pre-program and load from their Trezor or similar hardware wallets?  Maybe a bronze token device, which can be digitally read and pre-programmable from $10.00 up to $100 USD, and a Silver looking token device programmable from $$100 USD to $500 USD, and a Gold-like token device programmable from $500 USD to $5000 USD.  If you pre-load several of these puppies while the power is still on, and give it to someone in trade when the power is out, they can read it with some sort of verification protocol, accept it, and it’s now theirs to keep and trade or they can empty it in whole or part when the power comes back on and download the contents into their own hardware wallet.  I just don’t know – I’m not a genius, but it doesn’t take a rocket scientist to identify an existential, quantifiable and (thus far) intractable single point of devastating failure across the entire crypto sphere as the failure to acquire a tangible digital form of crypto-cash that can work in the real world without electricity._  
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>_At the end of the day, however, until and IF governments get their wish and BAN all forms of CASH– the corrupt fiat money system shall always remain SUPERIOR to CRYPTO for this one existential reason. Furthermore, do not put it past statist government regimes to attempt to co-opt digital currencies by decree, and thereby inching themselves ever closer to the one-world-government that these satanic psychopaths cream for each night in their dreams._ 
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>_It is my hope that people NEVER allow governments to BAN CASH and it is my hope as well, that the crypto-verse comes up with its own brand of **TANGIBLE cash** to compete squarely with government fiat, and in doing so, perhaps bury their demonic stronghold on humanity once and for all!_

## <center> Do weigh in with your thoughts on this matter - I'd be very interested to know what everyone thinks about all of this...   </center> <p>