Topic: Using bitcoin without internet - page 2. (Read 2651 times)

Bitcoin may be based on cryptography, but its use does not look as scary as it may seem. Basically, it's much harder to save and spend bitcoins than it is to save photos on your computer and share them with other people. The only difference is that bytes today have value and can be exchanged for real money.

The biggest danger of using bitcoin, at the moment, is the rapid price hikes, making it more volatile compared to traditional currencies. However, bitcoin has potential, over time it can become as important a part of the digital economy as PayPal, if not more.

Obviously, without Internet access, the possibility to send and receive Bitcoins is significantly limited. In more general terms, Internet shutdowns weaken innovation and undermine users’ confidence in the future of digital currency.

If we dont have a net or internet using bitcoin we cannot enter in bitcoin because bitcoin need internet to invest here.

if it's said to be progress or not.. of course this is really the progress and can advance the popularity of bitcoin in the world, maybe the longer bitcoin will be increasingly supported and more well-known in the various region. This is like one sign that bitcoin will be more accepted in the world and this indeed shows the future's thing

If its right then its cool idea as its much more save to use BTC offline but technically i realy dont understand how this could work,but with this would be less hacks and with this features more new users would join market and use BTC and other cryptocoins ,its big progress so even countries without internet its more than 2 bln people as i know would use it.

If we can using bitcoin without internet, it will be good. But i still wondering about the security of bitcoin without internet.
In bitcoin network, internet is used for connecting decentralized database around the world.
Using bitcoin offline is very handy, but we must consider the security of bitcoin first before that.

I still do not understand how it works, with the help of radio or any other technology, but it is definitely a breakthrough in bitcoin and cryptocurrency technologies.

Yes. Cointext enables people to send crypto with SMS messaging on even the most basic phones, enabling third world countries to easily access the blockchain world. If technologies such as this one, the satellites, and the mesh network antennas become largely used in the mainstream world, then Bitcoin and other cryptocurrencies would greatly defeat the purpose of Fiat currency. The huge advantage Fiat has, is that it can be used offline. Being able to transact offline with crypto was never possible, until now. All of this means that Bitcoin and other alts would rise to the level of Fiat in the future.

The best technology yet, is Blockstream's Satellite network, since it allows Bitcoin to reach areas no other transmission signal has been capable of before. Even cellular networks are not largely accessible to every region of the world. Which means, that using SMS to send/receive Bitcoin may not be the most viable alternative for offline transactions. On the other hand, Satellites can reach anywhere with the only downside that their signal would become disrupted by bad weather.

Nonetheless, with satellites, mesh network antennas (goTenna with Samourai Wallet), and Cointext (SMS messaging), it's now possible to send/receive Bitcoin transactions offline. With this, Bitcoin can reach the whole world, making crypto extremely popular like never before. Just my thoughts

We can't imagine crypto currency without Internet and electricity. Can you run car without fuel not naa similarly if there is no Internet than how will you able to make any transaction to someone and how transaction will get confirmation from miners.
Blockchain technology totally operating by computers and all the computers are connected with each other through Internet so it is not possible to have bitcoin without Internet.

This can be great and bitcoin will become more like fiat money now since we can use it even without internet. Hopefully its possible but I can’t imagine how to do that since almost everything are run through internet now, well I will just support this one it there’s a final decision and a final road map.

Using Bitcoin without Internet would be great as Internet itself is a big security constraint for newbies or people being not aware of the risks they expose.

Everything with the access to the internet may be hacked. So, if you herd about stolen account, nor the hacked platform, in means that hacker just recieved an acces to users information through the connection to his computer.

If the news is authentic we have to realize that is great work has been done by modern technology. It will be helpful to use bitcoin especially for the people who lives in rural area where internet is not accessable. For this wonderful advancement bitcoin will be more popular and more people will increase to use bitcoin.

Without internet bitcoin will hold it's usability thanks to worlwide network. I mainly hold my crytocurrencies on hardware wallet and hardware wallets are one of safest methods for saving coins. There is a possibilty for world without internet access and whole world will slow down in case of offline life.

It is really a good progress because situations where there network failure one can still use it

Yep, just use a hardware (cold) wallet or paper wallet.

As far i know, we can make transaction using bitcoin without internet, we can using cointext. Our transaction just using text messaging but this service not all country and i am believe in near future, more country added in their service

Advancement in blockchain technology makes and secures your bitcoin even without you or your devices being online. But transacting with it requires you to be online.

If that happens, then Bitcoin is no longer a virtual currency and it's complicated to see Bitcoin without internet later. I don't imagine it will happen quickly.

Using bitcoin without internet is really impossible. Because at first we all know that this bitcoin will always or only runs through internet connection. So if internet failed or removed or maybe shut down bitcoin will lost and we cannot used it. But I believe that internet is now become a part of our daily life of living because people are now slowly adapting this kind of gaining or investment because crypto is really an amazing ways to earn. And i also believe that the government will not shut down the internet because it also hrlps them a lot in terms of doing a lot of transaction or making a document internet is really very useful in this new or modern world it really makes works simple and easy.

Exactly. The blockchain works with the Internet. Hence, if there's no Internet connection, no one can send/receive transactions of any kind of cryptocurrency. Luckily, with Blockstream's satellite network, and goTenna's mesh network antennas, Bitcoin transactions can be sent offline without the need to depend on the Internet. This is revolutionary in theory, as it could bring a whole new economy like never before to regions of the world there’s no Internet access.

However, the success of this new technology would depend on how many people will use it. Considering how popular Bitcoin has become on developed countries like the US and Japan, there's a high probability that it would become extremely popular in third-world countries via the use of satellites.

Hopefully, accessing Blockstream's satellites would be cheap enough for anyone to use the Bitcoin blockchain without limitations. Nonetheless, time will tell us whenever this would become practical in our world or not. Just my thoughts