If that ever happens in future then it will be an end of bitcoin era as without internet you cannot expect to earn or use your bitcoins and the bitcoins that you have in your wallet will become useless and worthless you would be never in position to use them anywhere.
Topic: if someday the network internet totally dead . (Read 9692 times)
If that ever happens in future then it will be an end of bitcoin era as without internet you cannot expect to earn or use your bitcoins and the bitcoins that you have in your wallet will become useless and worthless you would be never in position to use them anywhere.
Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
this is not just for bitcoin but any business that related with internet connection and many aspect that need internet too like economy, social, technology, country development and other else. because todays, internet connection is growth too fast and many country have apply fast internet connection for their people but unfortunately, not all country have high speed connection so the other country can only used slow and medium internet speed connection.
It is hard to believe that the world will survive after a nuclear war . Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
this is not just for bitcoin but any business that related with internet connection and many aspect that need internet too like economy, social, technology, country development and other else. because todays, internet connection is growth too fast and many country have apply fast internet connection for their people but unfortunately, not all country have high speed connection so the other country can only used slow and medium internet speed connection.
What could 100% kill the internet all around the world? Nuclear war? Yeah in the event of nuclear war bitcoin would be no good.
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Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
this is not just for bitcoin but any business that related with internet connection and many aspect that need internet too like economy, social, technology, country development and other else. because todays, internet connection is growth too fast and many country have apply fast internet connection for their people but unfortunately, not all country have high speed connection so the other country can only used slow and medium internet speed connection.
If the internet id frozen then the banking system will be frozen to. I would thing fiat would be worthless at that point. precious metals would probably pick up the slack. or bartering.
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I didnt know what will im gonna do when it will be happen. Bitcoin is a cryptocurrency and in order for us to use this and earn this we need to have an internet connection. And i think it will never happen even government will legalize it. They put only taxes to the user and limits it. That will be more possible to happen for me.
Not really possible. There are plenty of computer networks that are not visible (TOR and deep web stuff). The government would never be able to block it all or drstroy it all. Making computer chips is too easy now. And if it came down to it, someone could make their own network satelite.
Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Then if that happens, we can go back to the traditional ways to pay a person, company, or donate on certain organizations. Using physical means just like cash we can do certain financial transaction offline without the use of internet since we were already accustomed on doing things without the aide of internet on those previous years where internet is still not yet available.
The Internet is paralyzed globally, I think this is a terrible thing. The whole world seems to lose its connection, economic activity seems to have stopped working. Financial transactions too, without internet, it will not be able to take place because its foundation is technology and the internet. You can then use cash to make direct transactions, and if you online transaction, I'm afraid there is no solution. But I think this will be very unlikely, the best internet engineers in the world will not let this situation happen
Well I wish they are doing something about the impending solar flare from outer space that mighty destroy the network system of smartphones, and highly unlikely the internet might be down from this kind of event and even all electronic communication devices might not work, this is gonna be a major world wide catastrophe for us that are now familiar with this kind of technology and the entire world would feel the strain because of it, Well I think that is the only event that can not let us use bitcoin.
Network system of smartphones?
Really?
There is no such thing, the smartphones are using the same network that the old mobile phones used.
And that network is pretty easy to be replaced 100% in case of "solar flare".
Also you should know that a solar flare capable of destroying all the communication systems on our planet will most likely also cook 99% of us alive so...the last update from candycrushsaga would be our last problem.
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication
yes, when you look on the past they have also financial transactions even though internet doesn't exist on that time. other forms of communication is the best solution for it. you just need to find it.
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication
yes, when you look on the past they have also financial transactions even though internet doesn't exist on that time. other forms of communication is the best solution for it. you just need to find it.
The Internet is paralyzed globally, I think this is a terrible thing. The whole world seems to lose its connection, economic activity seems to have stopped working. Financial transactions too, without internet, it will not be able to take place because its foundation is technology and the internet. You can then use cash to make direct transactions, and if you online transaction, I'm afraid there is no solution. But I think this will be very unlikely, the best internet engineers in the world will not let this situation happen
Well I wish they are doing something about the impending solar flare from outer space that mighty destroy the network system of smartphones, and highly unlikely the internet might be down from this kind of event and even all electronic communication devices might not work, this is gonna be a major world wide catastrophe for us that are now familiar with this kind of technology and the entire world would feel the strain because of it, Well I think that is the only event that can not let us use bitcoin.
Internet use as a medium of payment instruments is not advisable but very convenience to all of us.
What do you suggest then,go back to the old practices that were used hundred years back ,i like the barter system and if i had a choice i would rather do that,since everything is connected online if the internet is dead not only bitcoin will suffer,every business and financial sector will close down until it is rectified. 
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For my own opinion, it is very impossible. I do not agree with your statements. If it will gonna happen, millionsof money will lose. Many businesses will fall and deficit. Must have other alternative ways to prevent the fall of an industry of one country. Internet use as a medium of payment instruments is not advisable but very convenience to all of us. The use of the Internet is really very convenient for making payments, but you still need to make it possible to make payments without an Internet in the event of a collapse.
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For my own opinion, it is very impossible. I do not agree with your statements. If it will gonna happen, millionsof money will lose. Many businesses will fall and deficit. Must have other alternative ways to prevent the fall of an industry of one country. Internet use as a medium of payment instruments is not advisable but very convenience to all of us. what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For my own opinion, it is very impossible. I do not agree with your statements. If it will gonna happen, millions will lose. Many businesses will fall and deficit. Must have other alternative ways to prevent the fall of an industry of one country. Internet use as a medium of payment instruments is not advisable but very convenience to all of us.
The Internet is paralyzed globally, I think this is a terrible thing. The whole world seems to lose its connection, economic activity seems to have stopped working. Financial transactions too, without internet, it will not be able to take place because its foundation is technology and the internet. You can then use cash to make direct transactions, and if you online transaction, I'm afraid there is no solution. But I think this will be very unlikely, the best internet engineers in the world will not let this situation happen
There will definitely be other means of payment. And if the only means of your transaction is bitcoin then, that means you have landed in pareto. Moreover, how can the whole network Internet be dead when the world didn't just decide to go against me?
I understand the concern for when bitcoins are the primary or only way of payment in the future. If there comes a day tgat it happens and the internet system is paralyzed, it will prove to be a huge problem for everybody. This is only my opinion to this, as I see the question as when bitcoin is the only form of currency in the world.
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