Internet is one limitation of bitcoin - page 2.

mendace

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Quote from: Magic-Money on May 31, 2023, 08:42:38 AM

The cryptocurrency industries market deal with internet providers , without internet, they will be no digital currency, which Bitcoin is a digital assets which one make the use of the internet across the globe for any given transaction through buying and selling as the case maybe. Therefore no internet, Bitcoin will not be function, which is impossible, because internet has come to exist here on the planet earth and no government can shut internet down.

In practice what you have written is true but there are other uncommon alternatives if traditional internet coverage is lacking, for example blockstream has started its satellite coverage to synchronize the nodes or you could try a mesh network or a very risky hypothesis using the radio frequencies. Let's say that if the internet were cut, there would be big problems for the functioning but it can be curbed in some way.

Victorik

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Quote from: Stella Mese on May 28, 2023, 09:39:29 PM

Quote from: Victorik on May 28, 2023, 04:58:41 AM

Not just BTC, the internet this days controls a whole lot, and lack of connectivity will do lot of havoc in terms of economic damages and this will result to a lot of loses.
The world has become a global village and the internet is very much needed to achieve this global inclusiveness.

yes' the internet is really needed by the world, because without the internet in my opinion it will cause havoc
especially when it comes to business
and economy.
and I also can't imagine if the internet in this world is dead
because in my opinion buying and selling btc transactions will also be difficult if the internet is off. and I hope that the internet will not die.

Nothing will happen to the internet, the internet is here to stay.
Definitely, economy, defence amongst others will be adversely affected if the internet goes down. Unimaginable damages will be done. So it's not just BTC that will get affected if the internet goes down.

jeraldskie11

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Quote from: Magic-Money on May 31, 2023, 08:42:38 AM

The cryptocurrency industries market deal with internet providers , without internet, they will be no digital currency, which Bitcoin is a digital assets which one make the use of the internet across the globe for any given transaction through buying and selling as the case maybe. Therefore no internet, Bitcoin will not be function, which is impossible, because internet has come to exist here on the planet earth and no government can shut internet down.

So far from the truth that government will going to shutdown internet the whole country with no valid reason. Internet connection is very important and in the modern days, people feel like they can't leave without it. But there's still possibility of having of no internet especially if there's a war just like what happened in Ukraine. I thought that we can't do any transactions of Bitcoin without internet but it really possible nowadays since there are some people who really find alternative ways to fix this issues.
You can check this link for more details: 4 Ways To Use The Bitcoin Network Without An Internet Connection

nimogsm

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the only option is to wait until everything gets better and the Internet will function as before or look for alternative communication options, starlink has already been mentioned here or other satellite communication options. If everything is really bad then you should think about moving or transferring your data about exchanges and wallets to a trusted person in another country. At least there will be a reserve.

yazher

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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.

Magic-Money

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The cryptocurrency industries market deal with internet providers , without internet, they will be no digital currency, which Bitcoin is a digital assets which one make the use of the internet across the globe for any given transaction through buying and selling as the case maybe. Therefore no internet, Bitcoin will not be function, which is impossible, because internet has come to exist here on the planet earth and no government can shut internet down.

Crypt0Gore

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

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.

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.

LittleBitFunny

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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.

I used to think about this, but honestly, it is impossible because the internet plays a hugely important role in almost every industry in the world. A global shutdown of the internet is not possible, the world economy will even collapse, let alone bitcoin or the banks, and governments will never let that happen just because they want to destroy bitcoin. Bitcoin is not a terrorist-grade threat that governments must resort to as a last resort. So I also agree that the internet is not the limitation of bitcoin.

Onyeeze

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Quote from: Rupok on May 12, 2023, 10:08:05 AM

Not everything has to be involve to Bitcoin. I think it's a government issue that has nothing to do with Bitcoin. Although the internet is required to manage bitcoins.The country you live in may have government-run internet services down.But you can use other internet services. A country's government will never shut down all the internet in their country, because today it is impossible to do anything without the internet. Maybe there is some error in the government internet due to which the internet service is down now.I don't think it's permanently closed, maybe temporarily.Hope the government will solve this problem soon.

Government have alot to do for internet, that is why sometimes I said if governments wants to bridge the existing of bitcoin they can, buy making websites of bitcoin to be errors when you login or type anything related to bitcoin, so I believe that its things that will erupt bitcoin existence

lixer

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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.

Alisha-k

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What's this generation with without the internet, the internet is basically an integral part of our lives and it's in no way a limitation for Bitcoin.

Quote from: bettercrypto on May 29, 2023, 05:02:21 PM

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

it is still possible to make a transaction with bitcoin via sms, it just seems that it has not been implemented yet and how many countries are doing it, I'm not sure if it is implemented in India or Africa.

haven't heard nor come across this information, personally I doubt it's authenticity but until I am able to confirm it, I rest my case.

Jimmycrooks

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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.

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

goldkingcoiner

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Quote from: Oshosondy on May 12, 2023, 02:29:07 AM

This is not the problem of bitcoin, but the problem with your government that disabled internet in your country. You can use Starlink instead of relying on local service providers.

Quote from: https://pakobserver.net/elon-musks-starlink-finally-registered-in-pakistan-to-roll-out-internet-services/#:~:text=Elon%20Musk's%20Starlink%20finally%20registered%20in%20Pakistan%20to%20roll%20out%20internet%20services,-By&text=ISLAMABAD%20%E2%80%93%20Elon%20Musk's%20famous%20satellite,provide%20internet%20services%20in%20Pakistan.

Elon Musk's Starlink finally registered in Pakistan to roll out internet services. ISLAMABAD – Elon Musk's famous satellite broadband provider Starlink has reportedly registered to operate and provide internet services in Pakistan.

Technically, if you have access to the technology and the satellite link, you can have internet anywhere in the world, without having to ask any government for their permission. If anything, does that not make the internet somewhat decentralised? I realise that not everyone has a starlink satellite dish and a ground transmitter powerful enough to broadcast to any Starlink satellite. But the possibility is there.

I think that possibility will become an affordable and simple-tech reality in the near future. And then once we have decentralized internet access, there will be no problem with Bitcoin, as OP calls it. Although I would rather call it a connectivity issue.

bettercrypto

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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.

It cannot be denied that in this era, the internet is a big part of our being part of the bitcoin or crypto industry. And we can't really make a transaction here without the internet.

In addition to that, as far as I know, I have read some topics here in the forum that even without internet, it is still possible to make a transaction with bitcoin via sms, it just seems that it has not been implemented yet and how many countries are doing it, I'm not sure if it is implemented in India or Africa.

Victorik

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Quote from: ilovealtcoins on May 28, 2023, 06:18:07 AM

Quote from: Victorik on May 28, 2023, 04:58:41 AM

Not just BTC, the internet this days controls a whole lot, and lack of connectivity will do lot of havoc in terms of economic damages and this will result to a lot of loses.
The world has become a global village and the internet is very much needed to achieve this global inclusiveness.

If our body needs water to live, the internet is like water to the world economy, to maintain the world economy, certain needs the internet. The internet is tied to everything in this world, not just bitcoin, so there's nothing to worry about when the government thinks it's possible to destroy bitcoin by shutting down the internet. If they did, it would be like burying themselves alive.

If the government decides to shut the internet down, they will be affected as well as most of the transaction these days are done using the internet. Except they will have to block access to crypto currency wallet and exchanges.

Ryu_Ar1

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I think the problem in this case is not bitcoin but indeed your country is having a little problem in that regard and there needs to be a comprehensive improvement there.
Sorry but not to discriminate against your country in this case but indeed when you say that there is a problem in the prevailing law and order situation then indeed it is something that is not directly related to bitcoin.
Even if in this case what you say is true that the internet is still in control for the smooth running of bitcoin but on the other hand this cannot be equated for every country especially for now the internet is non-stop without stopping every day.
Now in this case blame some conditions in your country or at least there must be direct movement to minimize it because if that happens you not only can't access bitcoin even open this site you have a problem right.

hannahB4

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You are quite right that internet availability is one of the limitations to accessing Bitcoin. That is why does in underdeveloped countries where no internet facility runs cannot use Bitcoin for now. There should be an alternative in your country for another source of internet aside from the one your government is in charge of, just do your findings.

imamusma

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As others have said, there is always the option of sending bitcoins even without an internet connection. Many people may not understand it and may not even realize it in the first place, but things like these need to be learned so that you can always use bitcoin regardless of whether your government shuts down the internet or not.

I realized that the availability of the internet is one of the most important things for smooth bitcoin transactions. In fact, I'm sure any country where it's difficult to get an internet connection, bitcoin is not suitable there and the people probably won't bother to do it any other way. Bitcoin until recently was an alternative currency that could or could not be used to pay and receive payments. So if there are complex use cases, then I don't think they need to force it any other way.

AnonBitCoiner

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In almost every country every single work requires Internet and I think that without Internet the success rate of country become down. Operations of bitcoin cannot be performed without the use of bitcoin but in Pakistan as you said that Internet services were suspended so all services were not suspended just personal services were closed for few days.

It is necessary that in such situations use another way because without Internet nothing is possible as every operation is dependent on Internet in modern age. It is crucial to be prepare for any situations as government can do anything anytime so its up to you that how you manage such harsh conditions.

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Quote from: qwertyup23 on May 29, 2023, 09:27:26 AM

..

Though there are also some hardware wallets that may transfer BTCs offline, I doubt that everyone has access to it also.

Is this true? I've heard it a few times before but never seen it. Honestly, I don't think it will work because bitcoin is built on the Internet, and miners will confirm transactions when it is connected. If you can use bitcoin offline, it's only temporary, I mean, only when you have an internet connection again will the transaction complete. That means using bitcoin offline is useless, the transaction will never be completed if we lose the internet forever.

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