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Topic: Are Bitcoiner are really prepare to Face these situations?[No Internet] - page 4. (Read 882 times)

legendary
Activity: 2576
Merit: 1860
For now, satellite internet is becoming more accessible. The growth is accelerating quite fast. Here in my place, Starlink kits are selling like hotcakes. People who are into online jobs and who stay in the cities solely because of faster internet are now beginning to go home thanks to Starlink. So, this is somehow a solution to the concern of the internet being under the control of the government.

As far as the situation in Bangladesh is concerned, it seems to me the decision of the government to implement an internet blackout is suicide. It was an extremely poor decision on their part. As if it prevents the people all over the country from communicating with each other. As if it addresses the main issue. Whoever made the decision was poorly advised.

I'm not in any way preparing for this scenario. After all, an internet blackout sounds ludicruos to me. If my country plans to implement something like this in the middle of some chaos, there will certainly be a lot of opposition that it won't push through. In the first place, such decision hurts them more than everybody else.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
So far, I've only seen Starlink as a reasonably cheap and fast source of internet for most areas. Generally, this is still a work in progress where the adoption rate is still quite low as compared to your traditional connectivity.
Some other companies have started trying to compete with Starlink. With time, we will see more like Starlink. Starlink is cheap and affordable in my country as the kit is just around $285. With a monthly subscription of around $25 with unlimited internet access.

In terms of general Bitcoin's connection, the only current provider that I'm aware of is Blockstream. Blockstream has a satellite which allows their users to broadcast transactions through their satellite. You would have a good connectivity unless you've got a signal jammer in your location.
Which means if I do not have any subscription, I can still be able to broadcast bitcoin transaction using Blackstream Green wallet? I just want to be certain and maybe I can test it and see if it works.

But there are some people that will be trading and involved in crypto in a way noncustodial wallet may not only be what they are using. Government cutting electricity would be a big disadvantage for these kind of people.
sr. member
Activity: 364
Merit: 308
Since I was born, I have yet to hear a newspaper or TV headline saying that internet service has been completely shut down for five days in a country. But being a citizen of Bangladesh, we have had this bad experience. People of Bangladesh may well understand how difficult it is to continue online based activities when the internet connection is disconnected. Freelancers in this country were most troubled due to lack of internet along with us.

If a country does not have internet Access, it may affect Bitcoin, because Bitcoin is a virtual currency. Which can be transacted online only. Moreover, internet is also required for Bitcoin transactions to be successful. These are not possible if the internet service is interrupted.
sr. member
Activity: 1106
Merit: 391
Turning off the internet for 5 days to make the situation more conducive is a very stupid step, because there are many sectors that will be affected by this and it will only make the situation even worse. What your government is doing only shows that they are a dictatorial government and they should be removed from their position.

What will Bitcoiners do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?

There is nothing they can do, because to carry out transactions requires internet access, how can anyone carry out their transactions when they cannot connect to the Bitcoin network? However, a satellite internet network could be a solution to this, but as far as I know, the satellite internet network providers that are most easily accessible to people, such as Starlink, are not yet available in Bangladesh. But there is another problem, even when you have access to a private satellite internet network, you may be faced with signal jammers which are usually used by the government to block signals in certain areas, but this can be overcome if we go out of range.

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Are bitcoiner really have the decentralized system, which can't be controlled? Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.

The Bitcoin network is decentralized and the government will not be able to intervene in this network. But again, all of this requires internet access, so if there is no internet access, how can anyone carry out transactions. So internet access is very important.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
So far, I've only seen Starlink as a reasonably cheap and fast source of internet for most areas. Generally, this is still a work in progress where the adoption rate is still quite low as compared to your traditional connectivity.

In terms of general Bitcoin's connection, the only current provider that I'm aware of is Blockstream. Blockstream has a satellite which allows their users to broadcast transactions through their satellite. You would have a good connectivity unless you've got a signal jammer in your location.
hero member
Activity: 1722
Merit: 801
What will Bitcoiners do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?
Internet via cable is more popular and available for more people than Satellite Internet connection that is only an alternative in some countries and areas, not everywhere on Earth.

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Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.
Governments can do many things and sometimes they can abuse their power to request a company to stop a service, I am realistic about that. But the chance for all governments agree to do the same thing and succeed against their citizens globally is very small.

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Now I want to know if there is ever such a situation in your country then what should be the pre-preparation? Let's discuss-
You need to prepare different wallets for storage a long time with cold wallets, more regular transaction need with hot wallets and prepare for time you don't have Internet. What will you do?

Prepare different methods for your fund transfer, spending like have some cash in your pocket, some money in your bank account, that's preparation.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Nothing like this has ever happened in my country that I know of. Even during nationwide protest, the government freeze the bank accounts of some people known that are involved in the protest but Internet was never disconnected. I only heard of government disconnect Internet from other countries. I noticed this is coming in only Asian countries.

What will Bitcoiners do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?
Yes. The government can have control over the underwater internet cables. Those internet providers using underwater internet cables are even regulated by the government, and they can be controlled.
I don't think our country will also cut the internet connection just like what Bangladesh government has did. If this happens, surely a lot of companies and freelancers will certainly be in trouble, even accessing our crypto investments will never be possible. However, it cannot be denied that if the government will demand for an internet shutdown even for a couple of days, it will definitely happen but they should also face all those complaints and address them properly as much as possible. Government without those big companies that are paying them taxes will considered be incapable and invaluable.
sr. member
Activity: 658
Merit: 387
Now I want to know if there is ever such a situation in your country then what should be the pre-preparation? Let's discuss-
We have not had such experiences in my country before, just as Charles mentioned, and I don't even wish for such to happen in this place because it will just make life very unbearable.
 
Bitcoin won't be the only point of payment that will be affected; bank transfers and other payment points won't also work, so how will there ever be any transactions to take place during that period? 
 
The only option we will have is to go back to our old trade ways, which is to use whatever we have in our hands (fiat) to do business with, and anything that has to do with online will be closed for that period. It's not something I think there is any other option than to accept it that way, or better yet, if the person can't bear it, it's just to leave that country for the main time.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
What will Bitcoiners do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?
It didn't happened to my country and to me yet, so I guess on how did you survived with that situation is likely what I might do as well. But having a satellite connection is going to be a good idea, one of it is with Elon Musk's Starlink.

Are bitcoiner really have the decentralized system, which can't be controlled? Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.
While your situation is an isolated if it relates to the Bitcoin network, the network itself will continue to operation from the other parts of the world where internet is active and there are miners that have their mining farms operating to keep going.

Now I want to know if there is ever such a situation in your country then what should be the pre-preparation?
I don't know, data connections might also be stopped but that is unacceptable if the government itself is the one that instructed to turn off internet connection.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
This must be a very bad experience for you guys over there, 5 days of total internet lock out is a divastating situation I can only imagine this since I haven't experienced such before, but I remember the feelings back then when the government in my country blocked twitter now X in my country, it affected works and businesses alot even though we hard live internet.
But in your case the whole internet is off which is more severe compared to ours, what I want to ask is, do you know anyone using sitelight to connect to the internet such as the Elon Musk site, because only from such information from users can guarantee you that, their still hard internet even though the rest are shout down.

Lastly, since you said there is no internet, how are you able to connect to the forum?
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
Since my days of growing up till now I haven't heard of my country experiencing any internet outage for any reason to the best of my knowledge but we once experienced a partial breakdown of internet for few weeks and the panic was so much i could imagine a nation wide outage thats really a lot.

Now it's getting to our knowledge that the governments are basically having full control over our lives which is a reason bitcoin stands against, with the internet related outage we can be short out as bitcoiners or crypto related dealers. since this is a new experience I believe there will be a need for a solution outside the governmental reach but what could that be? because basically everything even the private satellite needs the general service of the internet to be launched.

At this point we might be stuck in the hands of the government.

For bitcoin, it can't be controlled by the governments but the use is obviously being controlled. No doubt
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
Nothing like this has ever happened in my country that I know of. Even during nationwide protest, the government freeze the bank accounts of some people known that are involved in the protest but Internet was never disconnected. I only heard of government disconnect Internet from other countries. I noticed this is coming in only Asian countries.

What will Bitcoiners do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?
Yes. The government can have control over the underwater internet cables. Those internet providers using underwater internet cables are even regulated by the government, and they can be controlled.
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro

If you guys don't know then let me say currently in my region Bangladesh the situation is unrest with the Quota Protest.
And this protest became massive only because of internet and social media. And for this, our Dictators shut down the Internet Connection of the entire country for 5 days to turn the situation towards them. To say that these five days our Bangladeshi people were completely isolated from the Internet or the world. You can visit this thread to know more details - Attacks on quota movement students

Now I come to the real point, most of us who are here have investment in cryptocurrency or bitcoin or selling services which is very related to bitcoin.

What will Bitcoiners do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?

Are bitcoiner really have the decentralized system, which can't be controlled? Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.

Now I want to know if there is ever such a situation in your country then what should be the pre-preparation? Let's discuss-


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