Topic: what happens to Bitcoin if internet goes down? - page 23. (Read 34308 times)
You have to understand that the internet is not one main central computer system which can go down. For the internet to go down every internet service provider in the world would have to terminate. If this happens for some reason, we have a lot more to worry about other than what would happen to Bitcoin.
Someone have the Idea, how much villages in today's Russia have no electric energy supply?
About what Internet are You talking?
Cash 100%
of course everyone would get back to using cash though about 10 billion dollars would be lost in bitcoins then, i think that would be a huge problem among the peopleAbout what Internet are You talking?
Cash 100%
I can't imagine if this happen since in order to access bitcoin it need synchronize to server.
In order to synchronize , it need internet to make it work. But if that happen forever , since bitcoin is a digital currency ( can't be hold ) we will lost it forever except you've convert it earlier before internet down !
In order to synchronize , it need internet to make it work. But if that happen forever , since bitcoin is a digital currency ( can't be hold ) we will lost it forever except you've convert it earlier before internet down !
about 10 billion dollars would be lost in bitcoins
I have no "Savings In Bitcoins".
the point is it will be impossible for all the Internet can be down
I think it will not happen but if there is a ww3 maybe it will happen bitcoin also will be useless and all cominication will gone satelite internet etc..
So bitcoin will be stuck in data base in online and bitcoin will be useless,,
So bitcoin will be stuck in data base in online and bitcoin will be useless,,
Cash is anonymous at 99,99%
Cash is working with No Internet And with Black Out conditions.
Cash is working with No Internet And with Black Out conditions.
Yeah make sense lol.
Physical transactions still dominates the whole money system and it will even we count for centuries. It will just changed it's form but the transaction system dealt directly remain the same.
If there is no internet in today's world then Most of the companies would stop running.
Check this market - no electricity and only cash.
Who need there the virtual currency?
You should have to believe on bitcoin and have to save some money in the form of bitcoin
Ohh.
I'm not in the sect of "Investors in Bitcoin". Here is WHY: $0.0001 of value for 1 Bitcoin in the Year 2020
If the internet goes down then Bitcoin goes down with it it is just that simple if you ask me about it, not only Bitcoin will go down tho.
There are so many other companies that rely in the internet they will go down ass well.
thats right, it is nearly impossible for bitcoins to exist without the internet though i doubt that internet will ever go down so i dont think we should be worriedThere are so many other companies that rely in the internet they will go down ass well.
If there is no internet in today's world then Most of the companies would stop running.
It would create a chaos in the world.
about 10 billion dollars would be lost in bitcoins
I have no "Savings In Bitcoins".
You should have to believe on bitcoin and have to save some money in the form of bitcoin, as there is no any threat to bitcoin, and no any chance for the internet to go down, a lot of money are there on internet so everyone will try to recover internet if it gone down.
about 10 billion dollars would be lost in bitcoins
I have no "Savings In Bitcoins".
Someone have the Idea, how much villages in today's Russia have no electric energy supply?
About what Internet are You talking?
Cash 100%
of course everyone would get back to using cash though about 10 billion dollars would be lost in bitcoins then, i think that would be a huge problem among the people About what Internet are You talking?
Cash 100%
Someone have the Idea, how much villages in today's Russia have no electric energy supply?
About what Internet are You talking?
Cash 100%
About what Internet are You talking?
Cash 100%
If the internet goes down then Bitcoin goes down with it it is just that simple if you ask me about it, not only Bitcoin will go down tho.
There are so many other companies that rely in the internet they will go down ass well.
thats right, it is nearly impossible for bitcoins to exist without the internet though i doubt that internet will ever go down so i dont think we should be worried There are so many other companies that rely in the internet they will go down ass well.
currently we live in an age of technology and the need of the Internet, if the Internet goes down, not only bitcoin, but all will die.
and will be back as antiquity live without the Internet.
Are you sure all will die? I never think the ancient people is ever will getting a died without the internet. but just giving a period effect from the people in the world because the internet is very useful for them but I not sure about the addicted person. and will be back as antiquity live without the Internet.
If the internet goes down Bitcoin goes down with it that is just how simple it is, Bitcoin has to rely on the internet.
Internet at this point is a must and many people and companies would not survive without it.
If there will be a new way that will make us connected worldwide rather than internet that will be develop in the future then there will be no worry for bitcoin to collapse. Like we know that science is making our life progress and go forward so there will be a new discovery that is far greater than internet. Let us see Internet at this point is a must and many people and companies would not survive without it.
According to me if the Internet goes down, There is Bitcoin anymore, and Bitcoin will wash out. Yes without the web how can we use Bitcoin transactions. How can we buy and sell Bitcoin? If no transaction means no gambling no signature campaign and no Bitcoin. And finally, all online casino sites will shut down.
You are right.
All things just about Bitcoins. We must have to think for whole world and connectivity of world.
If internet downs it will make major impact on whole world. And that would be so horrible.
According to me if the Internet goes down, There is Bitcoin anymore, and Bitcoin will wash out. Yes without the web how can we use Bitcoin transactions. How can we buy and sell Bitcoin? If no transaction means no gambling no signature campaign and no Bitcoin. And finally, all online casino sites will shut down.
Wow !
So important question.
Internet brings world closer. Bitcoin is relies on internet is another thing but already lots of services are on internet.
Never imagine but have to imagine what would be there in world without Internet ?
So important question.
Internet brings world closer. Bitcoin is relies on internet is another thing but already lots of services are on internet.
Never imagine but have to imagine what would be there in world without Internet ?
If the internet goes down Bitcoin goes down with it that is just how simple it is, Bitcoin has to rely on the internet.
Internet at this point is a must and many people and companies would not survive without it.
Internet at this point is a must and many people and companies would not survive without it.
Yeah bitcoin at this moment relies on internet as it means of transaction between peers. And even mining the blockss. if suddenly internet goes down all this transaction will stop. So bitcoin will go down with the internet unless developers found a way to transmit communication between nodes aside from the internet.
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