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Topic: Living Off-Grid With Bitcoin? (Read 586 times)

hero member
Activity: 2184
Merit: 531
November 06, 2019, 05:21:47 PM
#44
Yes, you can't use bitcoin off-the-grid because to conduct bitcoin transaction to need to connect to internet. Bitcoin is a digital currency after all and there is no way you can use bitcoin even if you have the full-node. In fact, the full-node requires internet connection to synchronize with the bitcoin network. To use bitcoin anywhere you are going to need internet connection, period!

Off-grid means without paying for utilities. You can buy a cheap LTE connection and have wireless Internet wherever you want.
It's possible to live like that as long as you pay for the Internet but he could have a house in the mountains with its own water and power.

The problem lies in profitability. Such off-grid system will be expensive and it will take years for it to pay for itself.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
November 06, 2019, 03:19:31 PM
#43
It can be done I am sure and there must be people doing this in their RVS, Tiny Houses and renovated olf school buses. I know in America a lot of people have taken to the life on the road and are full time digital nomads and working online and earning their keep. I am sure many of them are in crypto related work and have Bitcoin as well, so they must know best how to do this. You should follow maybe on Youtube some of these digital nomads and maybe get in touch with them and ask them how they are managing to live off the grid and perhaps using Bitcoin to boot. If I were much younger I would love to live this life but where I am it is not possible and land is expensive here as well. I think I would move to somewhere like Asia if I were to do this.
member
Activity: 168
Merit: 10
November 06, 2019, 03:09:44 PM
#42
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?

Yes, you can't use bitcoin off-the-grid because to conduct bitcoin transaction to need to connect to internet. Bitcoin is a digital currency after all and there is no way you can use bitcoin even if you have the full-node. In fact, the full-node requires internet connection to synchronize with the bitcoin network. To use bitcoin anywhere you are going to need internet connection, period!
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
November 06, 2019, 04:07:08 AM
#41
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?

maybe a statement like this is very difficult for those who live in rural areas to achieve cryptocurrency especially because most people who live there may be some of them do not know much about bitcoin and other cryptocurrency because those who live in residential areas are not the same as us who live in urban areas easily have what we want and it's easy to adopt cryptocurrency.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
November 03, 2019, 02:00:59 PM
#40
I really like the idea of living off-grid. The main problem with that is you'd need a wireless Internet and this isn't extremely reliable or extremely safe to use.

I live in a rural area in a house that's partially off-grid, but I have a fiber optic internet cable running all the way from the nearest road to my house via poles. I did that because it was almost impossible to have a steady LTE connection in here. One day my phone works well and the other day I need to go outside to make a call. This would be your main problem if you wanted to live like this.
hero member
Activity: 966
Merit: 535
November 03, 2019, 01:36:14 PM
#39
I think its quite unrealizable. We cannot live in a no electricity area if we do cryptocurrency. We can still live in a rural area that has electricity and internet connection. Living in rural areas does not necessarily mean that we can be free of government and other distructors. It can be minimal but still local government are present.

If we can find new resources to create something that will produce electricity, we can live without the government because we have our power and it can light up our place. But that will be difficult as we know that the government doesn't want to see their people use something that they don't know. If you want to remove the dependency of the banks, then you will need approval from the government because the bank will be related to the government itself. I don't think that the government will agree with that because the bank is one of its components to make money.

But you can build your own electricity sources and a computer that runs a node and connect to the network. However, still, you need to pay the internet connection to the ISP provider unless you can have a new source to use the internet without help from the ISP provider.

I think you can almost live off the grid. Everything you need will be paid for with crypto. You can definitely produce electricity using solar so that is covered. What you say is exactly right. You still need the ISP and any other services or subscriptions. But it is as close to completely off the grid as possible. To be totally off in the pure sense of the word you would have to totally disconnect and not use the internet at all. You can still use the pc and electronics since it can be run off solar.
To totally go off-grid you could go Amish ^^

Btw why do you say that you need the approval of the government to remove dependency? What on earth are you talking about?
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 31, 2019, 11:39:25 PM
#38
I think its quite unrealizable. We cannot live in a no electricity area if we do cryptocurrency. We can still live in a rural area that has electricity and internet connection. Living in rural areas does not necessarily mean that we can be free of government and other distructors. It can be minimal but still local government are present.

If we can find new resources to create something that will produce electricity, we can live without the government because we have our power and it can light up our place. But that will be difficult as we know that the government doesn't want to see their people use something that they don't know. If you want to remove the dependency of the banks, then you will need approval from the government because the bank will be related to the government itself. I don't think that the government will agree with that because the bank is one of its components to make money.

But you can build your own electricity sources and a computer that runs a node and connect to the network. However, still, you need to pay the internet connection to the ISP provider unless you can have a new source to use the internet without help from the ISP provider.
sr. member
Activity: 756
Merit: 251
October 31, 2019, 10:29:06 PM
#37
I think its quite unrealizable. We cannot live in a no electricity area if we do cryptocurrency. We can still live in a rural area that has electricity and internet connection. Living in rural areas does not necessarily mean that we can be free of government and other distructors. It can be minimal but still local government are present.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
October 31, 2019, 09:20:19 PM
#36
For sure it can be done. Lets take as example the Dash masternode owners , do you think they work anymore ? I bet they are sitting home ( open crypto businesses I hope ) and they simply monitoring their nodes and same goes for Blocknet nodes owners as both of the investors did a smart investment of holding their masternodes even after the 2017 run. If you have bought lets say 20 nodes of Dash now you're nodes are making 8k$/month which is a super nice income especially in the long term run. In Blocknet it goes the same as 20 nodes will bring you around 1.4k$ at the current price which is insane during the fact that it was so cheap back in 2015. Smart investments can make your life more comfortable in order to focus for your progress.

You cannot run a node and be off-grid, one thing defeats the other. Unless your node is elsewhere and you go check it from time to time, which is the same thing i said about going to town to use your wallet, etc.

Also, don't think that the Dash model will be eternally feasible for an infinite number of investors. I wouldn't be surprised even masternode owners would have the luxury of "living only of their nodes" for long. Its fun while it grows, but once it reaches saturation... Hmm where have i seen that before? MLM? nah, must be my imagination.

legendary
Activity: 3346
Merit: 1203
October 31, 2019, 09:09:03 PM
#35
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?

For sure it can be done. Lets take as example the Dash masternode owners , do you think they work anymore ? I bet they are sitting home ( open crypto businesses I hope ) and they simply monitoring their nodes and same goes for Blocknet nodes owners as both of the investors did a smart investment of holding their masternodes even after the 2017 run. If you have bought lets say 20 nodes of Dash now you're nodes are making 8k$/month which is a super nice income especially in the long term run. In Blocknet it goes the same as 20 nodes will bring you around 1.4k$ at the current price which is insane during the fact that it was so cheap back in 2015. Smart investments can make your life more comfortable in order to focus for your progress.
hero member
Activity: 1008
Merit: 531
October 31, 2019, 08:39:42 PM
#34
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?
I don't think you really understand the concept of living "Off-grid". Living "Off-Grid" means that you basically are self-sustainable, without any technical or material distractions.

It's basically going into the woods with the basics, and then making your own house out of your hands, and then making food and hunting for animals and food every day. No technology is allowed to be involved in this situation.
legendary
Activity: 1316
Merit: 1145
October 31, 2019, 07:07:18 PM
#33
that's possible. life without technology today can be done, financial systems without Bitcoin technology. even without the internet can be done. I think that's more peaceful. I personally live in the countryside, in fact the financial system in my village is still traditional with fiat money. and they don't understand bitcoin. all went very peacefully, safely and comfortably.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
October 31, 2019, 06:00:51 PM
#32
Off grid, you plan to make your own electricity? Solar? Creating electricity using solar panels is expensive, thats a big investment to start with. But if thats what you mean about off grid then you need a lot of money to start with your plan.

Living only with Bitcoins is possible. There are bloggers out there who posted their travels and experiences on how they were able to pull it. I would say it depends on where you live because there are still countries were Bitcoin is not yet mainstream and only a handful of merchants accepts it.

Its not too expensive if you stick to just panels, and do the old fashioned method for the night: Sleep. Contrary to popular belief, you don't need batteries, that's what makes it so expensive. You can also combine with wind, or hydro depending on place.

Thing with using bitcoins is probably not yourself but the other people you plan to trade with. If you come down the mountain to a town or village with internet, electricity, etc, you could simply use your wallet there as usual, or exchange for fiat the minimal amount needed.
legendary
Activity: 1834
Merit: 1036
October 31, 2019, 05:25:48 PM
#31
Off grid, you plan to make your own electricity? Solar? Creating electricity using solar panels is expensive, thats a big investment to start with. But if thats what you mean about off grid then you need a lot of money to start with your plan.

Living only with Bitcoins is possible. There are bloggers out there who posted their travels and experiences on how they were able to pull it. I would say it depends on where you live because there are still countries were Bitcoin is not yet mainstream and only a handful of merchants accepts it.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
October 31, 2019, 05:17:37 PM
#30
Is it possible/an advantage to live off-grid with bitcoin?

Take a paper wallet put it in a Ziploc filled with rice, insert into PCV pipe filled with rice, seal and bury in secret location.

Now go have your off-grid adventure. Just don't forget where you buried your bits.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
October 31, 2019, 04:37:17 PM
#29
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?

You don't really need a full node (and it would over complicate things), but you would need to be able to connect online from time to time, to spend your money. If its only savings (income), then you can truly be off grid, which is what a cold wallet essentially is.

Obviously you need electricity, but that can be solved using renewable sources. Internet is more difficult, but wireless either ground or satellite based is possible. If you only want to monitor your savings, you could use that bitcoin satellite thing, that is simply sending the blockchain for anyone to see it. But any kind of spending needs a return path to the blockchain (internet).
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
October 31, 2019, 04:09:21 PM
#28
The "off-grid" and "with bitcoin" parts seem like separate, unrelated issues. In fact, living off-grid usually implies self-sustainability, which generally removes the need for money.

it is not something you can do on your own. you need others to have adopted bitcoin as a currency too. for example in that "off grid" place where you run your full node, you still need electricity and a PC which means you have to pay the bills and buy the PC and unless they accept bitcoin as payment you can't really achieve what you are trying to do here.

One could use solar or micro-hydro power generators to remain off the electricity grid. Long-range microwave links and mesh networking could theoretically even remove the need for conventional internet service. So assuming you have a PC, you're good to go.

But you're right, the ability to transact with bitcoin in that situation completely depends on adoption. Especially if you live out in the middle of nowhere, far from any cities. Very few people out in undeveloped areas are probably using Bitcoin.
hero member
Activity: 1232
Merit: 669
October 31, 2019, 12:11:25 PM
#27
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?

Everything depends on where you live, for example, my family has a farm near the border with Colombia, which is undoubtedly an excellent place to live outside the system and is that Venezuelans living near the border do not accept Bolivars they accept pesos, dollars and even Bitcoin and cryptocurrencies, so the Venezuelan authorities can't know how you're spending your money.

P.S., it's a rural place.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
October 31, 2019, 08:08:21 AM
#26
Yes let's say it's possible but I don't think I will last even a year like that, especially when you're used to living in urban. We cannot completely remove the government's  involvement since we're still under a certain government's ruling. You have to think of probable circumstances if you're going to push it. Cause in the end you will still need fiat.
full member
Activity: 1330
Merit: 147
October 31, 2019, 06:19:24 AM
#25
If you think bitcoin is money or something else who have a value then you need other people who have that thought as well. Bitcoin can't be use by yourself and it is not easy to give an understanding about it to new people even more you live on rural place.

Just use it and follow what government want, and I think not all crypto user have the same thoughts as you. Let government accept cryptocurrency first and if that happen you can live with the concept as you want. If you talk it now, maybe there are a lot of countries who can ban crypto again.
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