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Topic: If all internet ithe world is destroyed then the crypto will look like? - page 4. (Read 466 times)

newbie
Activity: 280
Merit: 0
Crypto will go down if that happens. If there is no internet, there can not be any btcBTC.  Restoring the infrastructure would be a tough issue to deal with.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
It will depend on what destroyed the Internet infrastructure in the first place, after all the Internet was created to be very resistant even to nuclear attacks, so if the Internet is destroyed then that means that something way bigger than that has happened and at that point I'm not so sure that we will be able to restore the Internet in a fast way and if anyone is going to care about restoring cryptocurrencies.
newbie
Activity: 294
Merit: 0
You are right. If all the internet breaks down, BTC crypto operation will be off. Even can you imagine what will happen to the world. But yes, after recovery of internet it can be restored and normal operation can be done.
hero member
Activity: 2674
Merit: 696
Dimon69
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If there is no internet, then the crypto market will simply die !!! But I do not think it will ever happen. I think the internet will live forever, and the crypto world will be actively developing!
the market may not even die for you just cant actually used this for any transaction online but you can have the chance to store this for offline wallet all your coins to be safe for.
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
Well, let´s go into science fiction. Sure you can restore it, but most likely the chains would have been corrupted as the first nodes up could easily do a 50% attack and make profit from it.
member
Activity: 215
Merit: 10
The global crisis with the disconnection of the Internet, which serves as the basis for the existence of crypto-currencies, a similar probability can be considered close to "zero."
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
That is not a very realistic question, even though it is highly unlikely i think there will be some alternative way present to keep the internet up as it is the basic way of communication and information at the moment.
member
Activity: 140
Merit: 10
CRYPTASSIST.io
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If there is no internet, then the crypto market will simply die !!! But I do not think it will ever happen. I think the internet will live forever, and the crypto world will be actively developing!
jr. member
Activity: 152
Merit: 1
The Internet is a global network located all over the world and has no binding to a place. Imagine that the entire Internet will stop working-it is very difficult. If this happens - it is unlikely that you will be worried, because you will be concerned about their own survival=). But you can dream up: without the Internet, of course-we will not be able to use cryptocurrency, so it will not be necessary for anyone. Databases, of course, will remain, and as soon as the Internet becomes available - you get your savings back. Cryptocurrency will certainly recover after such stress. But this scenario is impossible today.
copper member
Activity: 140
Merit: 0
At first internet connection never can be totally destroyed and if some error occurs than it can be fixed. Without this, whenever you will get network you can access because the information of your coins are recorded in block chain. So, your coins will be secure if it occurs.
full member
Activity: 378
Merit: 111
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
In my own point of view, cryptocurrencies will actually fall down, if it is only natural disasters maybe they could restore everything the way that should be, but if it is about war maybe restoring them will take a long time because people rather save their lives than earning bitcoin or cryptocurrencies.
newbie
Activity: 112
Merit: 0
i would agree on the argument that crypto will not longer exist, as they are very dependent from the internet, as well as the world. so, this is not going to happen.
member
Activity: 294
Merit: 10
I heard that Blockstream has announced a satellite network aimed at serving those who want to dig up Bitcoin but have no internet around the world. That means anyone can join the Bitcoin network, even without a high-speed internet connection. With satellite connection, any computer anywhere in the world can join the Bitcoin network without the need for an internet connection. Future whether crypto will need the Internet or will it be another type of protocol?
newbie
Activity: 168
Merit: 0
Of course! Difinitely cryptocurrency business automatically shutdown when internet destroyed, but it is a very hard scenario, because we are now on a high developed technology system, and the internet system also performs as a heart of every business, therefore it is supported by a strong foundation in order to avoid any corrupted connections to every business and most especially on this cryptocurrency business.
member
Activity: 199
Merit: 10
If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.
I think it is not totally destroy because internet connection can be fix. Blockchain only needs to sync and it will go live again. One thing that internet might get destroy is a world war and I believe world war will stop one way or another.
member
Activity: 476
Merit: 41
The whole entire internet gets destroyed due to a natural disaster and you are worried about crypto?

You should be worrying about the survival of the human race instead.

The "internet" doesn't exist in a certain place, it is the most vastly interconnected system in the world.
In order for the entire internet to be destroyed, that would be a global catastrophe.

That is why I just laugh when skeptics ask me, "So what will you do with your crypto if the internet goes down" or "How much does your crypto weigh? It's not even real!"

This shows ignorance on such a huge level I have to roll my eyes.

Blockchain technology is distributed through nodes scattered accross the world, it is open source and anyone can get in.
That's why it is insanely difficult for it to "die".

Just take a look at the thousands of coins out there.  Even the most remote coins have people mining them and running nodes.
And then there are coins that literally died and then someone came in and started running it later and the community grew.

So, yeah, crypto ain't ever gonna die.
newbie
Activity: 112
Merit: 0
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
It's going to be pretty funny, but the cryptocurrency is going to be the currency we're going to pay SkyNet to not kill us.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
Yes you can restore all your money whenever there is network access because all the information of our coins are recorded in blockchain if we can able to secure our private key while that natural disaster then you are free to go to have your cryptos back.
full member
Activity: 840
Merit: 128
Cryptos is the money of internet, so without it, there is no money.
However supposing that a big war would split the world and the internet into two separate parts, cryptos would probably develop also separate with two different blockchains with the same name.
The problem would be after the war and I believe the current system (of alts) is not ready to decide which part would be the genuine one (and reject the other part). So a hard fork could be a solution.
legendary
Activity: 1330
Merit: 1003
If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.
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