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Topic: if someday the network internet totally dead . - page 8. (Read 9685 times)

sr. member
Activity: 1666
Merit: 426
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 ?

Use cash.
Indeed, if internet is totally dead everyone will find a other way like using a cash on their daily transaction. However, I think will never gonna happen because if it occur the bitcoin will die. We all know that the only way to use bitcoin is through internet connection.
Furthermore we were in the modern world they will never let that happen because it is the fastest way to communicate to others.
hero member
Activity: 2926
Merit: 567
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 ?

The only solution is not to let this things happen,we need fiat and we also need bitcoin,let them co exist because it benefits all of us,I don't want bitcoin to be the main payment processor of the world,because the internet here in our country is very slow.
sr. member
Activity: 322
Merit: 250
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 don't think that anyone could predict what would happen if the internet network died. But the chances of that happening is very low.
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
If the internet is dead then we will just back to used cash, bitcoin is a digital transaction to used it we need electricity and internet, so if the internet is down then we wont be able to used it, then we will used the old way, using cash to do transaction, there is no other way to solve this

We live in digital era, most likely will happen is an increase in internet services rather than vice versa, it is true if there is no internet we couldn't access bitcoin, but I think if the time that happens, bitcoin has created coins and paper that are regulated by government, in the future of all internet technology will be more free and more advanced than the wi-fi system.
hero member
Activity: 840
Merit: 501
If the internet is dead then we will just back to used cash, bitcoin is a digital transaction to used it we need electricity and internet, so if the internet is down then we wont be able to used it, then we will used the old way, using cash to do transaction, there is no other way to solve this
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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 ?

Use cash.

I guess maybe cash would be dead earlier than the internet.  Wink

I'm not positive about it but I think cash slightly predates the internet.

hero member
Activity: 910
Merit: 507
If that happen bitcoin become useless because we know that bitcoin if no internet connection bitcoin become dead.  So internet is very important to our life especially to those have knowledge about bitcoin.
hero member
Activity: 2310
Merit: 532
DGbet.fun - Crypto Sportsbook
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 ?

Use cash.

I guess maybe cash would be dead earlier than the internet.  Wink
Cash system never dies. It is the base for entire economy as well the financial functioning in a country. Now the cash system too have interlinked with the internet. So even for successful cash transactions internet is a must, so the internet gets high updation rather than going dead.
member
Activity: 77
Merit: 10
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 ?

Use cash.

I guess maybe cash would be dead earlier than the internet.  Wink
legendary
Activity: 1110
Merit: 1000
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 ?
We will just have to go back in using cash as mode of payment,
This will be the only option in that time if it ever happens.
sr. member
Activity: 406
Merit: 250
https://gexcrypto.io
if the whole internet goes down then i am afraid the full bitcoin network will be dead as there is no definate server there to keep it alive. and lets suppose if it serviced the crash then also it will be very very week during the first minutes of startup and anyone can attack the bitcoin network at that minute. by the way if bitcoin goes down then we only have faint currency left on the market

May I ask in what particular aspect in the bitcoin network will these attackers will attack? I am not a technical person about these type of events so my curiosity was just triggered.

As a decentralized cryptocurrency, it only needs internet in order for it to exist. So if this internet being dead, bitcoin will obviously freeze. When the internet is restored, even in just areas, bitcoin will be up and running again right. How come that bitcoin will be weak from the first minute of startup knowing that bitcoin is decentralized and no server to be attacked?
sr. member
Activity: 1190
Merit: 253
If the internet is bound to die, and the developers are aware of it, then probably they will definitely find way to solve it.  They can either use other method of connecting to other people like bluetooth, intranet, etc.  This is more likely not to happen but if ever, there is a not more likely solution for this.  If bitcoin is the main currency, government will do everything to stop its demise.
legendary
Activity: 1274
Merit: 1004
if the whole internet goes down then i am afraid the full bitcoin network will be dead as there is no definate server there to keep it alive. and lets suppose if it serviced the crash then also it will be very very week during the first minutes of startup and anyone can attack the bitcoin network at that minute. by the way if bitcoin goes down then we only have faint currency left on the market
hero member
Activity: 2408
Merit: 584
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 ?

This situation is not real and cannot be verified. It will be the same if we can tell if the life on the Earth ceased. In case of this apocalypse the end is clear. Near the same situation the humanity will be even if internet will be dead. Will be a big mess. But the pools of bitcoin are there and with the begin of internet everything will begin to work the same as before.
I think if this situation happen then the engineers and workers of the internet will not be calm , ofcourse they will do great efforts for its repairing and I think this situation will be temporary.
sr. member
Activity: 938
Merit: 256
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 use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream
That is why i think that any idea of replacement the fiat by digital systems and payments through web is not a good idea.
There is always a chance that the network is going to be paralyzed because of some reason, hackers attack,DDoS or just really huge traffic, and that is the reason why we should rely only on the web and online systems.

We always should have some kind of emergency, because we cannot predict every event that will occur, thus it is not wise to depend only on one option.
Im sure that even if most of the countries on the planet will replace their cash money with bitcoin or different digital asset, some of countries will use their currency, in form of bank notes.


I agree with you, it might be time manager and developer of bitcoin find solutions and innovations on how to use bitcoin transactions offline system
sr. member
Activity: 728
Merit: 252
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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 think this is can not happened because many people so smart to repair about network , they understand about it and they learn it..
so very impossible if network dead Smiley
There are few scenarios that can make that possible to make the network dead. One of the scenario is a war like world war three, if that happen then it will be a chaotic situation for us because a lot of structures will be destroyed and everything can be destroyed by the powerful weapons that the different country have. If this scenario will going to happen then it will be easy for them to make the network die.
hahaa world war three? you're kidding man?
may be you right because if world war three wll going to happen all in the round if die too Smiley
sr. member
Activity: 504
Merit: 250
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 use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream
That is why i think that any idea of replacement the fiat by digital systems and payments through web is not a good idea.
There is always a chance that the network is going to be paralyzed because of some reason, hackers attack,DDoS or just really huge traffic, and that is the reason why we should rely only on the web and online systems.

We always should have some kind of emergency, because we cannot predict every event that will occur, thus it is not wise to depend only on one option.
Im sure that even if most of the countries on the planet will replace their cash money with bitcoin or different digital asset, some of countries will use their currency, in form of bank notes.
hero member
Activity: 840
Merit: 502
i think the best is to transact with cash,internet should not be a problem in transacting business.
The problem is there is not enough cash, if the internet failed just for a few days there will be chaos since you could not buy groceries or anything probably we will have to do some barter since there will not be enough cash for most people to satisfy their daily needs.

Funny, if you do not have enough money maintain your daily then pass the mailers to the any organization they may help you. I think in future we do not need to spare more money on internet as the world moving the IT globalization.
However, with the help of internet only bitcoin getting transacted and we are network fee for miners to help it transacted.
I was not talking in the general sense but in the case of a crisis since most of the money is now in electronic form so most people don’t hold any kind of cash anymore, especially in first world countries, so it is unlikely that in the case of a small crisis they will have enough money to satisfy their needs, this happens in small scale every time there is an earthquake or a hurricane, now imagine that in a global scale.
sr. member
Activity: 1484
Merit: 276
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 use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream
sr. member
Activity: 588
Merit: 250
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 ?

Use cash.

A very straightforward answer.  Cool

You have mentioned that bitcoin just became the main payment instrument, this can mean that other currencies are still accepted for performing money transactions. I agree with him that if ever internet network is paralyzed, using cash will solve your stated problem.  Smiley



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