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Topic: Living Off-Grid With Bitcoin? - page 3. (Read 590 times)

full member
Activity: 284
Merit: 122
www.diginomics.com
October 30, 2019, 05:05:58 PM
#4
It'll be very complicated, and you'll need a fair amount of crypto-currencies to make it work.

I know as a fact it's fairly easy to live in a city and pay/use things that accept crypto-currencies, you'll just need to limit yourself to some items.

If your talking about a little hut away from civilization, it's possible, but Bitcoin and crypto-currencies aren't really the issue here - getting essentials like food and water are the problem here, especially when you can't just use Bitcoin to order food (kinda ruins the point, right?)
Maybe you are correct about the clash between bitcoin nodes/electrical grid and living away from this type of influence. Time to drop everything and head for the hills!
sr. member
Activity: 1190
Merit: 306
October 30, 2019, 04:54:50 PM
#3
Ehh...'grid' usually means the electrical grid, and even more so 'off grid' means anything but having enough connectivity to run a node.  So no, I don't think those two things are compatible.  

Don't pay attention to all those youtube videos of people claiming to be living off grid, constantly filming themselves and miraculously uploading videos and so forth.  That isn't in the spirit of living off grid, no matter what they claim.  Anyone not using electricity or who's trying to stay anonymous will most likely use only cash, which is still the most untraceable form of money.  Or barter.
hero member
Activity: 952
Merit: 513
October 30, 2019, 04:50:06 PM
#2
It'll be very complicated, and you'll need a fair amount of crypto-currencies to make it work.

I know as a fact it's fairly easy to live in a city and pay/use things that accept crypto-currencies, you'll just need to limit yourself to some items.

If your talking about a little hut away from civilization, it's possible, but Bitcoin and crypto-currencies aren't really the issue here - getting essentials like food and water are the problem here, especially when you can't just use Bitcoin to order food (kinda ruins the point, right?)
full member
Activity: 284
Merit: 122
www.diginomics.com
October 30, 2019, 04:44:05 PM
#1
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?
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