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Topic: Seperate bitcoin from the internet (in the long term) - page 2. (Read 1159 times)

sr. member
Activity: 392
Merit: 250
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Interesting Concept ... would would it work better... isn't it possible for someone to intercept the signals and steal bitcoins...

But i think the internet isn't going down for a while so we should be fine for now...
legendary
Activity: 1946
Merit: 1007
And what would stop the countries at war from cutting your intercontinental wire or shooting down your sattelites?

I don't think internet will be taken down, but internet use over those key lines might be heavily regulated or expensive.
hero member
Activity: 616
Merit: 500
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A Finnish project is aiming to transmit bitcoin over radio waves. Read more about it here...

http://www.coindesk.com/bitcoiners-finland-send-cryptocurrency-radio/
legendary
Activity: 1106
Merit: 1005
Right now, if the internet were to go down, bitcoin would (for the most part) go down with it.

Bitcoin however, can be separated from the internet, and we should probably make a safety net for it.

The next major war will probably involve a lot of cyberwar, and big nations will likely cut of internet of other nations for tactical reasons. For this reason, some organizations have set up their own internet, independently.

Having our nodes interconnected with each other, making our own internet would give many advantages, redundancy only being one of them.

Of course, such a thing has to be decentralized so it would need to be a project driven by the bitcoin community itself, and not a single entity.
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