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The role of Bitcoin in natural disasters includes the following aspects:
1. Emergency relief fund raising: Bitcoin can be used for the collection and distribution of emergency relief funds. Through blockchain technology, people can directly donate Bitcoin to disaster-stricken areas, ensuring transparency and security of donations.
2. Post-disaster economic reconstruction: Bitcoin can aid in the post-disaster economic reconstruction. After a natural disaster, traditional financial systems may experience interruptions or paralysis, while Bitcoin can provide a digital currency independent of banks and government policies, facilitating the recovery and reconstruction of the economy after a disaster.
3. Self-help financial tools: Natural disasters may render banks and ATMs inoperable, making it difficult for people to access cash. Bitcoin can serve as a self-help financial tool, allowing individuals to engage in transactions and payments directly with just a Bitcoin wallet and an internet connection. |
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