Topic: Using bitcoin without internet - page 4. (Read 2651 times)
I expect a lot to have been said on most media on the satellite procedure but this is the only one have seen for now. I also think the paper wallet can only be issued using internet, so internet will always be important in cryptocurrency but the Idea to reach the unreached in cryptocurrency is good to enlarge the community.
If bitcoin or crypto should be use without internet, that means one can do an offline transaction of bitcoin.
But, my question will be....can exchanges also be used and operated without internet as in offline exchanges?
But, my question will be....can exchanges also be used and operated without internet as in offline exchanges?
If this come to reality, then the barrier against the acceptance of BTC is being remove in phases, BTC without the internet is still an idea that I can not conceive, how will transactions takes place and to create a balance from online and offline trading.
Exactly. With satellites, the barrier of entry to Bitcoin is removed since it will be possible to perform transactions without an Internet connection. That's the beauty of this, where Bitcoin can be transmitted to areas of the world where Internet access is not possible. Satellites would simply broadcast the Bitcoin blockchain to users and include new transactions on the main chain. With this, Bitcoin can truly perform as peer-to-peer electronic cash, as it would function the same way as cold hard cash, in an offline fashion.
Blockstream's satellites have already done this, but goTenna has achieved offline transactions via the use of the Samourai Wallet. Which means, that in the future, Bitcoin would not only be transacted across the Internet, but also offline either using satellites, or mesh network antennas like the goTenna. Therefore, this is a remarkable invention that would take the world by storm someday. Just my opinion
If this come to reality, then the barrier against the acceptance of BTC is being remove in phases, BTC without the internet is still an idea that I can not conceive, how will transactions takes place and to create a balance from online and offline trading.
Exactly. With satellites, the barrier of entry to Bitcoin is removed since it will be possible to perform transactions without an Internet connection. That's the beauty of this, where Bitcoin can be transmitted to areas of the world where Internet access is not possible. Satellites would simply broadcast the Bitcoin blockchain to users and include new transactions on the main chain. With this, Bitcoin can truly perform as peer-to-peer electronic cash, as it would function the same way as cold hard cash, in an offline fashion.
Blockstream's satellites have already done this, but goTenna has achieved offline transactions via the use of the Samourai Wallet. Which means, that in the future, Bitcoin would not only be transacted across the Internet, but also offline either using satellites, or mesh network antennas like the goTenna. Therefore, this is a remarkable invention that would take the world by storm someday. Just my opinion
In my opinion it is very unlikely that using bitcoin without the internet because bitcoin is very closely related to the internet so we must have a good internet connection if we want to use bitcoin.
Knowing that there is a strong link between bitcoin and the internet, it seems to me if it can happen because of a bitcoin development in bitcoin payments and water bills. That may be a bitcoin breakthrough in multiprocessing
Right now, it couldnt happened because the line we are using is for internet but maybe someday in the future is work with it, and also our social media introducing about crypto is also from internet therefore we are depending on internet this time.
this is an extraordinary technological development, I think this will be one of the advancements that deserve to be taken into account.
if indeed it continues to be developed, the prospects will be very good for the future
if indeed it continues to be developed, the prospects will be very good for the future
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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? 
That can be a progress but we should not depend too much on this because as far I know, internet is very important almost in everything. This can be a good invention and hopefully it can be execute well because this technology will make cryptocurrency more convenient than ever and because of this it can really replace fiat money. This is something good that we need in the future, let’s watch for this project.
How could it be possible,bitcoin forum is a online forum so internet connection is must for handling this site .so I don't think bitcoin without internet.
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?
That can be a progress but we should not depend too much on this because as far I know, internet is very important almost in everything. This can be a good invention and hopefully it can be execute well because this technology will make cryptocurrency more convenient than ever and because of this it can really replace fiat money. This is something good that we need in the future, let’s watch for this project.
I think we can still call it as an internet but only works on bitcoin, the same as the military satellites. Where they do have a specialize satellites that no one could interfere. I think this is where they took the ideas about of this blockstream satellite but i want to see how does it work in public.
If this come to reality, then the barrier against the acceptance of BTC is being remove in phases, BTC without the internet is still an idea that I can not conceive, how will transactions takes place and to create a balance from online and offline trading.
if if this were really the case, then this is very good news for all of us. because until now we really use the internet as a technology to get to bitcoin. so we really need to use this kind of thing.
Agree. Using satellites to get access to Bitcoin would simply our lives even better. This is extremely ideal for emergency situations where Internet access cannot be obtained. Whenever there's a hurricane, an earthquake or a natural disaster, you can always count on satellites after the Internet infrastructure is down. On the other hand, satellites help transmit the Bitcoin blockchain to regions of the world, where Internet access is not possible.
While the biggest downside of satellites is the obstruction of signal by clouds or bad weather, it could prove to be extremely beneficial for people who don't have Internet access. Better off, if satellite service could be obtained for free, people could have an easier entry point for Bitcoin. It's only a matter of time before this would get adopted at a large scale.
Speaking of satellites, Nexus cryptocurrency also aims to achieve the same thing as Blockstream. With their cube satellites, anyone could easily get access to the NXS blockchain in a similar fashion to Blockstream's Bitcoin Satellites.
Nonetheless, if this goes through successfully, then Bitcoin will become one step closer towards complete adoption from the mainstream world. Just my thoughts
Today, we don't still have a new technology where we can use bitcoin even we don't have an internet but I am sure that there there will a development and improvement that we can see in the near future wherein we can use bitcoin even we do not have internet .
To be honest, it is difficult to imagine technically how transactions will be made and how access to the bitcoin wallet will be carried out without access to the Internet.Judging from the website of this company, at least a satellite antenna will be required to use bitcoin.https://blockstream.com/satellite/.Information is available at the bottom of the site.Of course this is a tremendous progress that will change the life of all mankind. 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?
Using bitcoin without internet is impossible. because having bitcoin is you need you have a internet to to handle it and to manage it correctly
In my opinion it is very unlikely that using bitcoin without the internet because bitcoin is very closely related to the internet so we must have a good internet connection if we want to use bitcoin.
think this is a great achievement for the bitcoin and cryptocurrency world. it goes to show you can access and do any form of transaction with bitcoin wherever you are with or without internet. This is great indeed.
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?
Yes, I think it's an improvement we need to be grateful for, because mostly, people are depend on internet these days to operate technologies, including for bitcoin. When bitcoin can be used without internet, anyone of course would be interested on bitcoin, to invest their money and of course use it in their daily life for any transaction. Who knows bitcoin really replace fiat in the future. that is possible . i dont know about you guys if you already heard about offline transactions where you can send and recieve coins thru a hotspot source but of course this is not possible if you are transacting to another person that is miles away from you because that would require an internet anymore .
Other idea that pops to mind is a physical version of btc where we can use it offline just like what we already have in fiat money .
Yeah but that is just on the hipotetical case, but at the moment, it is impossible to access to the blockchain without a good internet conection.
Try it by yourself, and try to spend (not receive, because you can receive without internet, but not to send)
Try it by yourself, and try to spend (not receive, because you can receive without internet, but not to send)
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