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Topic: Using bitcoin without internet - page 12. (Read 2658 times)

full member
Activity: 952
Merit: 107
December 20, 2018, 01:50:29 AM
#46
maybe bitcoin will be faster when accessed with the internet, but this is a satellite system that might be as good as internet access in general, this is a very useful progress for future bitcoin
That can make the transaction of bitcoin faster. If that satellite can be better than using internet, there could be no problem wherever we go. There has nothing impossible because people are getting in new technology. It takes time for that, for now bitcoin need internet for to access.
full member
Activity: 1218
Merit: 105
December 19, 2018, 09:28:43 PM
#45
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh
This is the first time I heard about this news and if it's true it will be awesome not only for Bitcoin and also for other Crypto Currencies as well if it supports it. If it is using satellite does it mean Bitcoin is literally skyrocketing to space for every transaction made in this kind of system? LOL Grin Gonna do some research about this Blockstream Satellite that you are saying and thanks for sharing some information that I didn't know. Wink

https://bitcoinist.com/blockstream-satellite-bitcoin-no-internet/

Kinda like telemetry, I think, but this one processes more data and has more capacity compared to its predecessors. This is really an excellent news considering that there are still some parts of the world in which internet access is prohibited or not that reliable and stable. This could potentially change the game for the mining industry and travelers should they find themselves in a remote area that accepts bitcoins (this could happen) and without cash but only bitcoins on hand. As the article states, one only needs a USB device and a receiver to relay transactions and receive data from the satellite, and I just hope that it's not that expensive so as to really help change the shape of sending money wherever you are, literally.
LMAO. I think I am the only one in here that do not know this kind of technology that is been circulating. Roll Eyes

Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh
I don't think it would be possible if using bitcoin without internet, what if they were very far away in a village that was not covered by satellites. Of course they will not be able to use without the internet, if that is true it will happen, of course everyone will feel happy without paying internet usage bills. But that is not possible, I think that's just your wish.
I think you're wrong because the satellite can access almost everywhere in the world because it is floating above our world in the space and there are multiple satellites that are floating above our planet. It is not impossible and it could be possible. Cool
member
Activity: 251
Merit: 10
BIB Exchange
December 19, 2018, 09:07:59 PM
#44
Unfortunately it is not. Bitcoin is depending on internet system. Without internet, we can't use and transfer it one account to other account. But if it works without internet, then we will get some benefits also.
sr. member
Activity: 1162
Merit: 251
December 19, 2018, 08:48:04 PM
#43
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh


I think this is very convenient specially to the small country like here in the Philippines we know already that not all Filipinos using computer with Internet because some of them are not enough to pay always for Internet connection for daily transaction. I think Through IP address we can access for this kind of Blockstream Satelite. So its good very nice i hope this gonna be viable anytime.
For now it is not possible to use bitcoin without the internet, because the internet connects us to the blockchain network, but if some of satellite can replace it, I don't know how it works if that can be done, but who will make it and finance it?
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
December 19, 2018, 08:31:05 PM
#42
I don't think that using Bitcoin without the presence of internet is possible. I see it is very clear to see and woth sense that if we wanted to use Bitcoin crypto currency we also need to have an internet connection.

Someone needs to have an internet connection -- if a transaction needs to be broadcast to the blockchain. But if you had no internet connection, you could sign a transaction offline and transmit the raw transaction to someone else using paper and pencil or thumb drive. They could broadcast the transaction or keep passing it along until someone can.

There's also the idea of bearer instruments, like Opendime. If there is a set value loaded on a device like that, it can be used like just like cash.
member
Activity: 518
Merit: 10
December 19, 2018, 08:19:53 PM
#41
I don't think that using Bitcoin without the presence of internet is possible. I see it is very clear to see and woth sense that if we wanted to use Bitcoin crypto currency we also need to have an internet connection.
full member
Activity: 501
Merit: 147
December 19, 2018, 08:17:14 PM
#40
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh


I think this is very convenient specially to the small country like here in the Philippines we know already that not all Filipinos using computer with Internet because some of them are not enough to pay always for Internet connection for daily transaction. I think Through IP address we can access for this kind of Blockstream Satelite. So its good very nice i hope this gonna be viable anytime.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
December 19, 2018, 08:07:41 PM
#39
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

It is a progress. Bitcoin needs an internet connection in the past to send a transation and most of the time, it is really frustrating especially when you are in a place that do not really have a great connection.

That's still the case here. You can only receive data from the Blockstream satellites. This allows people to validate transactions they've received and sync the blockchain without the internet.

You can't broadcast transactions the same way. That still requires the internet.
sr. member
Activity: 1638
Merit: 300
December 19, 2018, 05:54:45 PM
#38
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

It is a progress. Bitcoin needs an internet connection in the past to send a transation and most of the time, it is really frustrating especially when you are in a place that do not really have a great connection. I live in a province where internet connection is not that reliable, most of the place don't have that fast internet connection. This will improve paying offline and making Bitcoin more useful in terms of you buying things offline anywhere.
member
Activity: 785
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SOL.BIOKRIPT.COM
December 19, 2018, 05:50:07 PM
#37
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

I don't think it's going to progress I mean everything is been done on Blockchain technology as you can hear technology has to do with the internet now if there is no battery on Ur mobile phone can you be able to access the phone futures. No! Which i don't think the progress of this will really pave way.
jr. member
Activity: 667
Merit: 1
December 19, 2018, 05:40:18 PM
#36
This is defiantly one of the development that will bitcoin acceptance increase worldwide.  Internet as we know is everything which some people still don't have access to. Now thats a barrier for them to use bitcoin for their good.  But with this statelite,  if stabled all over the world,  then I can bitcoin is going far and possibly conquer the world. 
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
December 19, 2018, 05:31:22 PM
#35
As of now, the technology of bitcoin has brought great innovations to our current systems. But, internet connection to other parts of the world would be one of its limitations. Satellites and other ways to improve internet connections would be great. It will only take few years to give worldwide internet connection especially those in remote areas. Technology will find its ways little by little.
full member
Activity: 2520
Merit: 204
December 19, 2018, 05:30:08 PM
#34
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh


Blockstream satelite is also part of the new technologies in progress using the natural resources
This a very bright ideas for the people want to use bitcoin where he wants to go
jr. member
Activity: 308
Merit: 1
December 19, 2018, 05:24:34 PM
#33
It needs internet connection upon using bitcoin without internet you cannot transact or do anything. So the user should have a good internet connection.
member
Activity: 392
Merit: 21
December 19, 2018, 04:35:33 PM
#32
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

Bitcoin needs to be get out from an elite framework to
The public  is in terms of ease of use
This is certainly a good development and a step forward towards universal adoption.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 19, 2018, 04:34:21 PM
#31
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

I think that this is indeed progress, as it will enable people from third world countries to get access to Bitcoin easily. We all know that the Internet is not fully accessible by everyone around the world. Hence, using satellites to transmit Bitcoin blockchain data is a clever idea to allow offline transactions to be broadcasted later into the main chain. It's revolutionary, but it's success will depend if people could easily use this system or not.

Once Blockstream satellites spread access to the Bitcoin blockchain around the world, then Bitcoin would truly become the world currency we've all been waiting for. That should be enough to render Fiat currency obsolete, as people would use Bitcoin at a large scale.

Nonetheless, it seems that Bitcoin is progressing in the way transactions are made offline. Now, we not only have the satellites, but also goTenna with the Samourai Wallet to enable frictionless payments without the need to depend on the Internet at all. Just my opinion Smiley
hero member
Activity: 1470
Merit: 509
December 19, 2018, 04:29:30 PM
#30
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh
As I understand it those who want to work with this satellite system should install a satellite receiver in their homes. We do not know how safe it is and we also have no idea how much this will cost. I am not old-minded I would like to try but why should we change the internet (which we know what it is) to the Blockstream Satellite?
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
December 19, 2018, 04:18:33 PM
#29
I do not understand how you can make transactions of currency that was created on the Internet without the Internet

Bitcoin was created on a computer, and is designed to work with an interconnecting network of "recorders" ( nodes). The Internet is just one way to connect these computers. It could be done with radio or men on horses, but it would probably be too slow to be practical.
full member
Activity: 644
Merit: 100
December 19, 2018, 04:00:39 PM
#28
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

Well, I do not think if we can used Bitcoin without internet. Cryptocurrency become known as a virtual or digital money inside in the internet. Personally, I do not see if we could use it wihout internet because currently we need to have an internet before we access all of transaction in cryptocurrency unless some network offer a free data use in crypto currency.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
December 19, 2018, 03:59:12 PM
#27
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh
It is a good progress because not all of us always on the internet. And if there are technology that can help we do transaction without internet, it will be very helpful for people in all over the world.
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