If Internet has shut down, the whole world will affect not only bitcoin. So I think living without the Internet nowadays is impossible to happened.
Yes, it's possible if some authority decide to shut down Internet but hope this will never happen.
Topic: Can bitcoin survive without the Internet? - page 6. (Read 10943 times)
Yes, it's possible if some authority decide to shut down Internet but hope this will never happen.
If Internet has shut down, the whole world will affect not only bitcoin. So I think living without the Internet nowadays is impossible to happened.
We've already reached the letter-in-mail level without even mentioning IPoAC?
Pfff!
http://en.wikipedia.org/wiki/IP_over_Avian_Carriers
Pfff!
http://en.wikipedia.org/wiki/IP_over_Avian_Carriers
Radio waves could work, but let's assume no wireless communication...
Bitcoin could probably survive without internet per-se, but there would still have to be a Bitcoin network. Perhaps people could print out signed transactions and deliver or mail them to their local node, which would exchange with some other nodes (either on paper of digital media such as SD cards). Each region/nation could have a "supernode" clearing-houses which would receive local transactions and send them to foreign supernodes (maybe via telegraph cables? If we are generous to ourselves) and vice-versa in order to speed the regular node-to-node propagation.
(*Sigh*, when I started this post I didn't realize how ridiculous this would sound)
I have little idea how mining would work because I don't know enough about how it works now, but presumably blocks could be distributed by the same methods, although mining might have to be done by super-nodes exclusively.
In that situation, I'd say paper currency is probably better, BUT I would like to see the look on my face when I get a letter in the snail-mail letting me know that "You've received a Bitcoin payment for 125 mBTC!" or "Your payment of 125 mBTC to 1CBNHbNNJ4C3dTELRJq312hXFwUqxg7bnm has been confirmed!"
A letter in the mail would not allow you to know if the TX was actually confirmed, nor would it allow you to check for double spends and reject the TX if your letter is a double spend. Bitcoin could probably survive without internet per-se, but there would still have to be a Bitcoin network. Perhaps people could print out signed transactions and deliver or mail them to their local node, which would exchange with some other nodes (either on paper of digital media such as SD cards). Each region/nation could have a "supernode" clearing-houses which would receive local transactions and send them to foreign supernodes (maybe via telegraph cables? If we are generous to ourselves) and vice-versa in order to speed the regular node-to-node propagation.
(*Sigh*, when I started this post I didn't realize how ridiculous this would sound)
I have little idea how mining would work because I don't know enough about how it works now, but presumably blocks could be distributed by the same methods, although mining might have to be done by super-nodes exclusively.
In that situation, I'd say paper currency is probably better, BUT I would like to see the look on my face when I get a letter in the snail-mail letting me know that "You've received a Bitcoin payment for 125 mBTC!" or "Your payment of 125 mBTC to 1CBNHbNNJ4C3dTELRJq312hXFwUqxg7bnm has been confirmed!"
Bitcoin network needs active miners to maintain against 51% attack.
And all the private key will be useless if there is no one to confirm it.
And all the private key will be useless if there is no one to confirm it.
No the internet is a big factor and a big percentage of sells around the world. Yes it might get by in the world if it got around. But it won't do aswell as with the internet.
you actually don't need provider to connect to the web you know it right?, it just that it cost much less, and is more secure, a distant future can maybe get rid of centralized internet points too, a coin that will do so would be the coin that will surpass bitcoin
I don't think it can because BTC network is expanding through the internet.
I think that it would be very difficult to survive
how is the network spread
trading,buying online,value...
definitely almost impossible
how is the network spread
trading,buying online,value...
definitely almost impossible
Short answer to the OP: no it cannot.
The internet essentially is now impossible to shut down to be stopped. It is very decentralized (much more so then bitcoin), there are many very large players that control small parts of the internet, if one of them were to shut down then others could take over what they previously did.
The internet essentially is now impossible to shut down to be stopped. It is very decentralized (much more so then bitcoin), there are many very large players that control small parts of the internet, if one of them were to shut down then others could take over what they previously did.
I won't debate the human impact of a "Internet goes away", because it's mostly pointless. I would however argue the speed at which it manifests will be hugely different between the human impact, and the impact on Bitcoin. If the "Internet goes away" the impact on Bitcoin, will be fast and furious. The value of a coin will fall to nearly zero. This won't take weeks, it will happen in a timescale much closer to hours or days. Th value of mining hardware will also plummet. It will take weeks/months/years for the impact of Internet loss to actually kill off humans. It will be more like a gradual acceleration of the death rate over time. As was pointed out before, Bitcoin is an "invention of the Internet". Human health and associated care has centuries more experience, both good and bad.
Yeah so we'll be inconvenienced. I doubt 40% of the population will die. We will adapt somehow
The internet has only been around for a short time, however our economy and population is heavily dependent on it. If the internet were to somehow "disappear" overnight then much of the economy would be in ruins, which would cause people to unable to be able to buy food and/or medical supplies and/or be able to treat a number of medical aliments that the internet helps treat (via diagnosis, treatment, gathering of data, ect.)
Thanks bluman!This is my entire thought process summed up in a well written paragraph.
Thus my theory that 40% of the population will die, however, 40% is a bit too high. 5%-15% is more accurate I'd say.
In my opinion bitcoin are exist just because of internet and when you shut down the internet bitcoin community will disappear.
Sadly he's rightHow will the Bitcoin community survive with it the internet? How will we trade our coins? How will the average user even get a hold of a Bitcoin without going through so much trouble like ringing around or exchanging in person?
It'll be impossible for Bitcoin to grow any further if the internet is off. It'll be impossible for Bitcoin to SURVIVE. It just won't happen.
As much as all of us dreamers want to believe that radio waves can submit transactions that's not what it is about. Besides, there will be much larger worries than Bitcoin if the internet does in fact shut off.
Chances are, however, that those with physical Bitcoins will start laughing at us (Maybe).
In all honesty, internet dies, 40% of population dies, banking dies, and we return to the dark ages.
You know the internet only existed since 90s, dont you?
Of course it will some whale would launch a bitcoin satellite to handle the blockchain and we fully move to paper wallets 
I agree bitcoin needs internet to survive but maybe the internet of tomorrow will be different from the internet of today
thats true mate
Although bitcoin and the Internet are both decentralized, they serve rather distinct purposes.Bitcoin isn’t Money—It’s the Internet of Money
Life without internet in 2010's is like life without electricity in 1990's.
Not imaginable.
Not imaginable.
You mean 1890's?
Life without internet in 2010's is like life without electricity in 1990's.
Not imaginable.
Not imaginable.
In my opinion bitcoin are exist just because of internet and when you shut down the internet bitcoin community will disappear.
Sadly he's rightHow will the Bitcoin community survive with it the internet? How will we trade our coins? How will the average user even get a hold of a Bitcoin without going through so much trouble like ringing around or exchanging in person?
It'll be impossible for Bitcoin to grow any further if the internet is off. It'll be impossible for Bitcoin to SURVIVE. It just won't happen.
As much as all of us dreamers want to believe that radio waves can submit transactions that's not what it is about. Besides, there will be much larger worries than Bitcoin if the internet does in fact shut off.
Chances are, however, that those with physical Bitcoins will start laughing at us (Maybe).
In all honesty, internet dies, 40% of population dies, banking dies, and we return to the dark ages.
You know the internet only existed since 90s, dont you?
Power, banking, basic necessities (Ordering and the like), this forum (And every other forum), people's facebook dependency, Some phone systems now (Some ISPs also provide phone service via Wifi), manufacturing, etc, are connected via the internet.
Pre-90s was when there WASN'T any of this connection. Now, everything migrated to the internet, and we're now really dependent on its survival.
You can't buy a plane ticket online if the internet goes down, and you can sometimes buy it at the door. How are your manufacturing managers supposed to communicate with China once satellite and wifi service is down?
Basic utilities are often monitored via the internet, or information/changes that have to be made are shuttled back-and-forth via the internet.
Oh, the internet went down? Guess we won't know about the electrical station that stopped working, and no-one can call us since the power's out...
Yeah so we'll be inconvenienced. I doubt 40% of the population will die. We will adapt somehow
In my opinion bitcoin are exist just because of internet and when you shut down the internet bitcoin community will disappear.
Sadly he's rightHow will the Bitcoin community survive with it the internet? How will we trade our coins? How will the average user even get a hold of a Bitcoin without going through so much trouble like ringing around or exchanging in person?
It'll be impossible for Bitcoin to grow any further if the internet is off. It'll be impossible for Bitcoin to SURVIVE. It just won't happen.
As much as all of us dreamers want to believe that radio waves can submit transactions that's not what it is about. Besides, there will be much larger worries than Bitcoin if the internet does in fact shut off.
Chances are, however, that those with physical Bitcoins will start laughing at us (Maybe).
In all honesty, internet dies, 40% of population dies, banking dies, and we return to the dark ages.
You know the internet only existed since 90s, dont you?
Power, banking, basic necessities (Ordering and the like), this forum (And every other forum), people's facebook dependency, Some phone systems now (Some ISPs also provide phone service via Wifi), manufacturing, etc, are connected via the internet.
Pre-90s was when there WASN'T any of this connection. Now, everything migrated to the internet, and we're now really dependent on its survival.
You can't buy a plane ticket online if the internet goes down, and you can sometimes buy it at the door. How are your manufacturing managers supposed to communicate with China once satellite and wifi service is down?
Basic utilities are often monitored via the internet, or information/changes that have to be made are shuttled back-and-forth via the internet.
Oh, the internet went down? Guess we won't know about the electrical station that stopped working, and no-one can call us since the power's out...
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