Internet is one limitation of bitcoin

Nwada001

hero member

Activity: 700

Merit: 673

Quote from: lalabotax on June 02, 2023, 04:59:30 PM

It is undeniable that internet and electricity are two very important things because without this, it can be a big problem. We cannot iperate and do any transaction without them.

Exactly this 21st century is said to be one of the best centuries of all time because of its technical advancement, the introduction of electricity, the internet, and crypto currency, as the case may be. All this needs each other for it to function effectively and achieve its main purpose.

Quote from: serjent05 on June 02, 2023, 05:47:45 PM

Almost all activities especially communication relies on the Internet.

I disagree with that to some point. In truth, this generation is of a technology age, which has made us rely more on technology than ourselves, which is good, less time-consuming, and stress-free. But before the use of the internet, there was still some level of technology that was used for communication, and it was working effectively for them back in those days, such as the local telephone, which is still currently used in some offices and military places since it can't be rooted. So the government is stopping the use of the internet, which they won't consider doing completely. There will still be some form of communication; they will just have to go back to the same old ways. But like you have said, they will be at a greater disadvantage than they might think they are causing to Bitcoin.

Nhazwrath

member

Activity: 289

Merit: 40

This type of problem is going to go away shortly with the satellite swarms and phones very shortly going to be able to access the sats directly without cell towers.

The centralization of the sat swarm is a problem at this time but with time other swarms are going to pop up.

Asuspawer09

sr. member

Activity: 1820

Merit: 436

Quote from: ormatr on May 12, 2023, 01:48:22 AM

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it.

Bitcoin is the one thing that keeps Bitcoin accessible to the rest of the world without the internet it would probably be difficult to access Bitcoin. But the problem is you don't have access to the internet so that issue wasn't really on the Internet but on your government since they shut down the internet service in your country.

There's nothing you can do about it but wait until the services get back, I mean the internet is one of the important things to access Bitcoin, I don't know if there is an easy way to access Bitcoin without the help of internet service. But for sure internet services will be fixed soon on your country I cant imagine the government preventing people from using the internet, maybe restrictions.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: Oasisman on June 03, 2023, 01:32:34 AM

Quote from: serjent05 on June 02, 2023, 05:47:45 PM

Quote from: lalabotax on June 02, 2023, 04:59:30 PM

It is undeniable that internet and electricity are two very important things because without this, it can be a big problem. We cannot iperate and do any transaction without them. Moreover, this is not only for the impact for Bitcoin but also almost all activities especially related to global activities. That is because this is a product of digital technology.
but, with this, I am sure that this will be always going on because this world has been always developed and developing, so this internet will always exist

I also agree, electricity and the Internet is the most important factor in the current era. Without electricity, many Industries will be incapacitated since all industry that is dependent on machinery will stop functioning. That also includes the internet providers.

I myself would agree to it, electricity and internet connection are all essential not only with bitcoin transaction, but almost everything depends on it. These things may not be something we're going to worry about when transacting with bitcoin, because we have been developing more ways to generate electricity and internet service provider were also expanding as well as the technology behind it. So, I won't really consider it a limitation to bitcoin. The limitation of bitcoin is when the people stops using it and the miners put a stop in their operations, that my friend is the limitation.

Even if we have many ways of generating electricity as well as many internet service providers but all, but if you want to use it or make it available to others, you need the government's consent, if they don't let you make it available to everyone, you dare not violate their directive. They are still the ones who control everything, including electricity and the internet. But I also don't see the internet or electricity as a threat to bitcoin because the government simply cannot turn off all the electricity and the internet connection. Because it is they who are most affected because most of the traditional industries use the internet and electricity.

You are right, the development and limitation of bitcoin depends on the needs of the users, as long as we still have demand for it, it will always grow.

rat03gopoh

hero member

Activity: 2212

Merit: 670

Signature designer - start @$10 - PM me!

Quote from: bayu7adi on June 03, 2023, 02:35:17 AM

The nation will not abolish the internet without clear justification. It is widely understood that the internet's presence has become an essential network in all aspects of society. From communication, business, education, e-commerce, entertainment, and more, the internet serves as a vital backbone. If a country were to lose internet access, it would result in the stagnation and suboptimal performance of numerous business sectors. Such a situation would only be detrimental to the country in question.

There are times when such a political crisis can force the situation to go without the internet even though the impact is huge in various sectors. But all these setbacks can be recovered slowly by returning to conventional systems, say, what people did 2 decades ago before the internet became a major element.

Quote

Except for North Korea. I am perplexed by North Korea's ongoing restriction on its population, denying them the freedom to engage in activities like those living in other countries.

Infrastructure restrictions in North Korea are carried out by imposing cruel sanctions on individuals, so that they don't need technical arrangements to implement restrictions. Normally, anyone can still access the internet there if they have the courage.

bayu7adi

hero member

Activity: 1470

Merit: 555

dont be greedy

Quote from: ormatr on May 12, 2023, 01:48:22 AM

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it.

The nation will not abolish the internet without clear justification. It is widely understood that the internet's presence has become an essential network in all aspects of society. From communication, business, education, e-commerce, entertainment, and more, the internet serves as a vital backbone. If a country were to lose internet access, it would result in the stagnation and suboptimal performance of numerous business sectors. Such a situation would only be detrimental to the country in question.

Except for North Korea. I am perplexed by North Korea's ongoing restriction on its population, denying them the freedom to engage in activities like those living in other countries.

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

It isn't really a limitation op since internet getting shutdown everywhere is literally impossible these days. Internet issues come and go everywhere, but you will never observe global internet shutdown for obvious reasons.

This is also why BTC won't just disappear out of the blue someday. BTC, other popular cryptocurrencies and the blockchain tech are here to stay.

Raceonsucced

member

Activity: 235

Merit: 42

What you say is true. Bitcoin will not work if there is no internet. That's why the internet is needed. Because from the internet everything works.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: Crypt0Gore on May 31, 2023, 07:31:32 AM

Quote from: Jimmycrooks on May 29, 2023, 05:38:49 PM

Internet isn't a limitation to bitcoin. Internet is an integral part of bitcoin and Bitcoin would be nothing without it. So saying internet is a limitation of bitcoin is a huge fallacy.

Whatever plight you might be facing lies with your government and not internet.

The only advise I can offer it's to get a reliable VPN for internet access in other countries

You nailed it newbie, the problem isn't the internet but the country that OP is from, he can get rid of this problem in two ways and one is more convenient than the other.

1. He can leave that country behind and move to another if you really want to build a foundation around Bitcoin and crypto, I have see too many people leaving their motherland and move to a foreign country in search of a better life.

2. He can subscribe to a satellite internet providers instead but this have it's cost and also you will need to be in a remote area where there is less activities because your satellite dish will be outdoors for it to get a good signal everyday and people will see it, with gossips going around people will know that you are the only one using the internet, in a country that doesn't want it, sounds like it's against the law in the country?

its on you to make a good decision, if the internet is limiting your potential or opportunities you need to get your ass out of that country before you get too old and can't fo anything anymore.

Moving to another nation is not the solution, this is the solution for newer generation that doesn't understand that if we keep taking the L, then we are going to see every government do the same eventually. You can't just hop to another nation if you are poor and no other nation takes you as well. Like if I wanted to just move to UK and start living there, that's it, just live there and work there and spend rest of my life there, do you think they will accept me? Why would they?

This is why the better method is to get into politics and start changing things from within, if you can do that then you are going to be doing a lot better. I know that it is not going to be an easy thing to do and may take years to change something or you may even fail to change it, but you need to try.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: serjent05 on June 02, 2023, 05:47:45 PM

Quote from: lalabotax on June 02, 2023, 04:59:30 PM

It is undeniable that internet and electricity are two very important things because without this, it can be a big problem. We cannot iperate and do any transaction without them. Moreover, this is not only for the impact for Bitcoin but also almost all activities especially related to global activities. That is because this is a product of digital technology.
but, with this, I am sure that this will be always going on because this world has been always developed and developing, so this internet will always exist

I also agree, electricity and the Internet is the most important factor in the current era. Without electricity, many Industries will be incapacitated since all industry that is dependent on machinery will stop functioning. That also includes the internet providers.

I myself would agree to it, electricity and internet connection are all essential not only with bitcoin transaction, but almost everything depends on it. These things may not be something we're going to worry about when transacting with bitcoin, because we have been developing more ways to generate electricity and internet service provider were also expanding as well as the technology behind it. So, I won't really consider it a limitation to bitcoin. The limitation of bitcoin is when the people stops using it and the miners put a stop in their operations, that my friend is the limitation.

Mauser

hero member

Activity: 1974

Merit: 534

Quote from: ormatr on May 12, 2023, 01:48:22 AM

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it.

I am sorry to hear about your struggle with having a reliable internet connection in Pakistan. Hopefully this is a not regular occurrence as limits your life considerably in the 21th century. It's true that internet is the main issue that leads to problems we can face when dealing with crypto currencies, but we should be aware that internet is being advanced and new ways are developed. The biggest game changer is going to be Starlink from Elon Musk which as already around 4000 satellites in orbit from the required 10,000 they need to cover the world. Once we can use the internet via the sky around the world and don't need internet cables or cell phone coverage, life will be much easier. Especially in remote areas where there is no cell phone coverage we will be able to finally use the internet without issue. In case you have regular internet issues you could contact Elon Musk via Twitter and ask him for help, maybe he can setup Starlink in your town like he did with Ukraine.

loopes

sr. member

Activity: 952

Merit: 323

Quote from: serjent05 on June 02, 2023, 05:47:45 PM

Quote from: fullhdpixel on June 02, 2023, 03:15:44 PM

I don't think the internet of the country will be cut out because many business are already relying on it but the government can only restrict some sites which they hate or a part of their new law. Satellite internet is helpful on some areas where it's almost impossible to install a tower for internet connection but I think it's a bit costly so poorer governments will still struggle to avail it.

Almost all activities especially communication relies on the Internet. So the government will think twice about removing it just to supress Bitcoin. The government will lose more than the gain from stopping BTC if they disable internet in their country.

They will not ease to cut out the internet of course they will lose many things because most activities in nowadays need the internet. They only restrict what people access with the internet, This is like the connection regulator ministry in my government that have restricted access of binance, coinbase, and etc.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: lalabotax on June 02, 2023, 04:59:30 PM

It is undeniable that internet and electricity are two very important things because without this, it can be a big problem. We cannot iperate and do any transaction without them. Moreover, this is not only for the impact for Bitcoin but also almost all activities especially related to global activities. That is because this is a product of digital technology.

but, with this, I am sure that this will be always going on because this world has been always developed and developing, so this internet will always exist

I also agree, electricity and the Internet is the most important factor in the current era. Without electricity, many Industries will be incapacitated since all industry that is dependent on machinery will stop functioning. That also includes the internet providers.

Quote from: fullhdpixel on June 02, 2023, 03:15:44 PM

Quote from: Freddie Boyer on May 28, 2023, 01:11:38 AM

While it is true that Bitcoin requires internet connectivity to function, I think this is a limitation that can disrupt internet services in certain situations such as natural disasters or government-imposed restrictions for one reason or another. But, here's the truth. This is where the government really comes in, if they fully support this adoption, not only that, but satellite-based internet is trying to help make Bitcoin more accessible in areas with limited connectivity, because there are huge benefits that Bitcoin offers, which are still significant.

Bitcoin can't disrupt the internet but internet problems can disrupt our Bitcoin activities. Some of the issues came from our network provider but others are natural like you said disasters. There is also man-made which is the government restriction. I say this one is only minor because people can use VPN and similar tools to bypass those restriction.

Bitcoin is created not to disrupt the internet but the financial system. Aside from that Bitcoin relies on the internet for its network activities. Without the internet Bitcoin won't function as it was intended miners won't be able to confirm transaction without internet connection.

Quote from: fullhdpixel on June 02, 2023, 03:15:44 PM

I don't think the internet of the country will be cut out because many business are already relying on it but the government can only restrict some sites which they hate or a part of their new law. Satellite internet is helpful on some areas where it's almost impossible to install a tower for internet connection but I think it's a bit costly so poorer governments will still struggle to avail it.

Almost all activities especially communication relies on the Internet. So the government will think twice about removing it just to supress Bitcoin. The government will lose more than the gain from stopping BTC if they disable internet in their country.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

It is undeniable that internet and electricity are two very important things because without this, it can be a big problem. We cannot iperate and do any transaction without them. Moreover, this is not only for the impact for Bitcoin but also almost all activities especially related to global activities. That is because this is a product of digital technology.

but, with this, I am sure that this will be always going on because this world has been always developed and developing, so this internet will always exist

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: Freddie Boyer on May 28, 2023, 01:11:38 AM

While it is true that Bitcoin requires internet connectivity to function, I think this is a limitation that can disrupt internet services in certain situations such as natural disasters or government-imposed restrictions for one reason or another. But, here's the truth. This is where the government really comes in, if they fully support this adoption, not only that, but satellite-based internet is trying to help make Bitcoin more accessible in areas with limited connectivity, because there are huge benefits that Bitcoin offers, which are still significant.

Bitcoin can't disrupt the internet but internet problems can disrupt our Bitcoin activities. Some of the issues came from our network provider but others are natural like you said disasters. There is also man-made which is the government restriction. I say this one is only minor because people can use VPN and similar tools to bypass those restriction.

I don't think the internet of the country will be cut out because many business are already relying on it but the government can only restrict some sites which they hate or a part of their new law. Satellite internet is helpful on some areas where it's almost impossible to install a tower for internet connection but I think it's a bit costly so poorer governments will still struggle to avail it.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: yazher on May 31, 2023, 10:44:04 AM

How is that possible? Are they disabling it just temporarily? because if it's no internet, your problem is not only using bitcoins, you have lots of major problems if you lose your internet in your country. As for bitcoins, if you are just planning to hold them, then you don't have any problem at all because you just need to secure and store them somewhere safe. but if you planning to make some kind of gig like accepting bitcoins as payment as everybody did in their community in recent months, then you don't have a choice but to stop your dream because it won't really work since most people out there don't know how to transact bitcoins in online mode.

Besides, we can find a way to have it. But being on a situation or in a place where all our actions and decisions are limited, that was a dying ambition and no way we commit freedom. I would say it is very unfortunate to someone who lives in a country where we can't find freedom but something we need to accept is that life isn't fair enough. We can see some people fully enjoy their life while some are struggling hard to survive.
Yes, stopping such a decision is a big help as OP can do nothing, he'd rather look for another opportunity instead.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

Quote from: lixer on May 31, 2023, 12:35:30 AM

Quote from: posi on May 29, 2023, 07:52:45 AM

I don't consider what the OP said as a threat to bitcoin because the internet is not only important for bitcoin but important for the whole world. Up to the present time, most of our professions, jobs as well as our daily living needs need the internet. Without the internet, our world would go back to the stone age, and it would take us thousands of years to rebuild from scratch without the internet. I don't believe that just because the government wants to destroy bitcoin, the government makes that stupid decision. I'm not really worried about that at all.

Turning off the internet is obviously not an option for a government only to stop Bitcoin or other cryptocurrencies from prospering within a country or a region. As you said, almost every single thing these days require the internet as we are living in a digital world and there is technology in almost everything that we use in our daily lives apart from all the businesses and industries.

Also, traditional financial institutions that are banks, can't operate without the Internet as well, and I don't think that a government would want the banks to shut down or start using only papers and landlines for all their operations which isn't possible at all.

It is true that in today's generation it is impossible for the government of every country to remove the internet just because of bitcoin. Because many will be hit and affected by the lack of internet.

So until now, other governments are still working on ways to control bitcoin but none of them work because of the decentralization that Bitcoin has and the technology that it has in the blockchain. Maybe if Bitcoin becomes centralized for sure there will be a limit to it. It's just that it's not really going to happen.

robattfield

full member

Activity: 783

Merit: 108

This can be a limit for bitcoin. Nowadays, the internet is an indispensable part of our lives. The fact that it affects all aspects of our lives and our global economy makes it a really, frankly, difficult and deprived society without the internet. The Internet has become an essential infrastructure that supports various industries, businesses, and communications worldwide. So some governments have concerns about bitcoin, and then shutting down the internet is impossible. This is an extreme thing that is only harmful and can severely affect the entire economy of a country if it is really done.

Cookdata

hero member

Activity: 1106

Merit: 912

Not Your Keys, Not Your Bitcoin

Quote from: ormatr on May 12, 2023, 01:48:22 AM

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it.

Sometimes, I wonder if Democracy exists in your Pakistan, why black out the whole country without internet, that is killing human rights and freedom but what do I know, if the majority support such a motion, I think the minor will suffer for their action, everyone has equal right and equal freedom. This is what Bitcoin stands for, a censorship-resistant but right now, access to the internet is the problem.

Have you heard of Elon Musk Stark Net, with this device, you can use the internet anywhere on earth, you don't have to depend on the internet protocol that is supervised by the government, but I doubt if the government will not be against the use of that kind of device because if you have the money and afford 1, you will be able to use the internet anywhere even if your government shut down their own.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: lixer on May 31, 2023, 12:35:30 AM

Quote from: posi on May 29, 2023, 07:52:45 AM

I don't consider what the OP said as a threat to bitcoin because the internet is not only important for bitcoin but important for the whole world. Up to the present time, most of our professions, jobs as well as our daily living needs need the internet. Without the internet, our world would go back to the stone age, and it would take us thousands of years to rebuild from scratch without the internet. I don't believe that just because the government wants to destroy bitcoin, the government makes that stupid decision. I'm not really worried about that at all.

Turning off the internet is obviously not an option for a government only to stop Bitcoin or other cryptocurrencies from prospering within a country or a region. As you said, almost every single thing these days require the internet as we are living in a digital world and there is technology in almost everything that we use in our daily lives apart from all the businesses and industries.

Also, traditional financial institutions that are banks, can't operate without the Internet as well, and I don't think that a government would want the banks to shut down or start using only papers and landlines for all their operations which isn't possible at all.

It's true, nowadays the Internet is one of the most vital things because apart from anything, maybe even when someone is used to it, they experience problems, let alone for a day, maybe even an hour, they feel bothered by it.
Because as you said in this case, all conditions, be it in terms of work or just to relax, the internet always accompanies us in this matter, so this may not only focus on bitcoin but for the whole.

Back to the context of the OP, even though this indeed hinders bitcoin, but this is only personally affected by the internet in the actual country and it is not related to other things, moreover, it is only a small part of what is hampered by total internet paralysis there.

Topic: Internet is one limitation of bitcoin (Read 932 times)