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Topic: what happens to Bitcoin if internet goes down? - page 33. (Read 34308 times)

legendary
Activity: 966
Merit: 1000
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I never thought of this happening or never thought it would. But to be on the safe side I am considering getting a hardware wallet, something like a trezor or something similar to store anything over 1 BTC on. Just the logical solution I would think.
hero member
Activity: 896
Merit: 1000
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No internet is no access to online services, Your bitcoins in your offline wallet will be secure, as long there will be no hard-fork.
But the chance that the whole world (miners included) will have no access to the internet, is very slim.
legendary
Activity: 3234
Merit: 1214
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If the internet goes down then bitcoin would be useless. The reason is exist is because of the internet.
Bitcoin can't be used if there's no internet.

Bitcoin won't go useless. The difficulty of using bitcoin increases. But when years pass internet won't be a big issue as most countries has got better internet facilities due to the advancement in technologies.
hero member
Activity: 504
Merit: 500
If the internet goes down then bitcoin would be useless. The reason is exist is because of the internet.
Bitcoin can't be used if there's no internet.
of course, as all transactions are done in online bitcoin if the internet did not exist of course we can not access or bitcoin wallet us. but it looks like it will not happen internet will always exist
newbie
Activity: 56
Merit: 0
Maybe you can trade bitcoin by giving private key / broadcast file (you can broadcast it with any wallet) Roll Eyes
Or run small bitcoin network in LAN/WLAN

given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is how do we trade bitcoin during this time if we can't access internet.

home internet and mobile internet goes down

I can tell you if a nuclear war breaks out there are way more important issues to solve than Bitcoin!
Secondly if Internet goes down, several other markets and industries will go down as well!
The Internet is so widely used today, worldwide, that a total collapse would set us back for decades!

Yes, in fact fiat would go down along with the Internet.

Fiat still can running without internet, but it'll use old system (before internet exsit) which is inefficient (write & keep transaction in book)


It is still possible to keep all transaction in a handwritten ledger book. However please note that the fiat is debt based, and the government will almost collapse immediately because all currencies are dependant on each other like bitcoin depends on internet connection. It means fiat currency will cease to exist like bitcoin if internet is totally down. Then new prospects have to be made up to cover the loopholes of this, means no buying and selling things or more primitive barter system will be implemented. Internet is too important in sustaining the evolving of the whole world. I hope that internet will never shut down, otherwise it will cause a chaos
hero member
Activity: 728
Merit: 537
If you are talking about users not having an internet connection then there is no way to access bitcoins.
 Roll Eyes

But if you are talking about the while network then I thunk I heard around that they are going to launch it in space in some time in the near future.
legendary
Activity: 1148
Merit: 1000
Bitcoin would simply cease to exist if internet is down everywhere in the world and I would pack my rucksack and head to the mountains and live as a hermit till the nuke hits  Cool On a more serious note, I've often wondered what it would be like to live in a post-apocalyptic world like the one in Hokuto no Ken  Huh
legendary
Activity: 2646
Merit: 1106
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If the internet would go down it would be a disaster for everyone and not only for Bitcoin. I would not even care about Bitcoin if the internet is going down but more about other stuff on the internet.

Yeah mate if the Internet goes down for real chances are we would be having very serious problems in the real world and no one would care much about Bitcoin because we may have things like a war or a global catastrophe or an alien invasion for example looming over us  Cheesy

In that cases I also have fear of lose of bitcoin, if any war occur then the internet technology will definitely disrupted and in that case we will be thrown far away from our bitcoins and will lose our wealth.
Yeah if such situations arise people will be in great upset, simply internet connections won't go down,but if any disaster occurs it may go down leaving bitcoin and its users in vain.
hero member
Activity: 658
Merit: 500
If the internet would go down it would be a disaster for everyone and not only for Bitcoin. I would not even care about Bitcoin if the internet is going down but more about other stuff on the internet.

Yeah mate if the Internet goes down for real chances are we would be having very serious problems in the real world and no one would care much about Bitcoin because we may have things like a war or a global catastrophe or an alien invasion for example looming over us  Cheesy

In that cases I also have fear of lose of bitcoin, if any war occur then the internet technology will definitely disrupted and in that case we will be thrown far away from our bitcoins and will lose our wealth.
global moderator
Activity: 2324
Merit: 1179
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If the internet goes down then bitcoin would be useless. The reason is exist is because of the internet.
Bitcoin can't be used if there's no internet.

That's the downside of using bitcoin, when there is no internet, your transaction cannot be processed..But as of this time, there are only few spots in the world that has no internet, not like before way back 90's that majority of the world still has poor knowledge about computer and internet..
sr. member
Activity: 490
Merit: 250
If the internet goes down then bitcoin would be useless. The reason is exist is because of the internet.
Bitcoin can't be used if there's no internet.
legendary
Activity: 1414
Merit: 1002
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If the internet would go down it would be a disaster for everyone and not only for Bitcoin. I would not even care about Bitcoin if the internet is going down but more about other stuff on the internet.

Yeah mate if the Internet goes down for real chances are we would be having very serious problems in the real world and no one would care much about Bitcoin because we may have things like a war or a global catastrophe or an alien invasion for example looming over us  Cheesy
agree with you dude,if internet goes down,so many people or maybe all people in this world will got problem,nowdays internet was become a very important connection,even bitcoin exist when internet goes down,its will not give us any benefit like when internet  being normal.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
If the internet would go down it would be a disaster for everyone and not only for Bitcoin. I would not even care about Bitcoin if the internet is going down but more about other stuff on the internet.

Yeah mate if the Internet goes down for real chances are we would be having very serious problems in the real world and no one would care much about Bitcoin because we may have things like a war or a global catastrophe or an alien invasion for example looming over us  Cheesy
sr. member
Activity: 269
Merit: 250
If the internet would go down it would be a disaster for everyone and not only for Bitcoin. I would not even care about Bitcoin if the internet is going down but more about other stuff on the internet.
hero member
Activity: 658
Merit: 500
If internet goes down BiTcoin will simply replace it. Don't you know that Blockchain is operating independently and you can just connect your computer to it and use it however you like, you can even gamble and watch movies using Blockchain as your primary browser.

What will be replaced by bitcoin. I believe above mate says that internet will be replaced by Blockchain technology. If this happens also without networking nothing is gonna be effective.

that will be a great development of bitcoin, if it remained independent of any internet connection, there must have a system which is being used by VISA and MasterCard.
sr. member
Activity: 336
Merit: 250
given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away
If the internet was going down Bitcoin would just go down with it, its that simple. There are so many companies that rely on the internet so not only Bitcoin would go down.
It would be dramatic for so many people and companies in the world.
legendary
Activity: 2436
Merit: 1104
given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

bitcoin will survive but i dont know about humans. im more worried about if humans will survive after an nuclear war.
full member
Activity: 168
Merit: 100
I think it will be very bad for the uᴉoɔʇᴉq because the uᴉoɔʇᴉq is fully based on a network there is no offline system or something like other currency's.
Most likely if that happens for a long time it will destroy the uᴉoɔʇᴉq for sure without any doubts.

I think it won't destroy bitcoin but freeze it. Because all marketing companies use internet therefore nothing will rise or down. And it's unlikely to happen though. So, we don't have to worry.
Than Bitcoin will disappear I think and that will be not good for Bitcoin because internet is the most important thing in Bitcoin so the chance that it will happen is small.
You also can see that Bitcoin is getting more popular and that is nice because you see that it is also more acceptable.


Yes bitcoin will disappear because for a person to use bitcoin a person must be connected to the internet and without internet bitcoin would be useless.
sr. member
Activity: 364
Merit: 250
I think it will be very bad for the uᴉoɔʇᴉq because the uᴉoɔʇᴉq is fully based on a network there is no offline system or something like other currency's.
Most likely if that happens for a long time it will destroy the uᴉoɔʇᴉq for sure without any doubts.

I think it won't destroy bitcoin but freeze it. Because all marketing companies use internet therefore nothing will rise or down. And it's unlikely to happen though. So, we don't have to worry.
Than Bitcoin will disappear I think and that will be not good for Bitcoin because internet is the most important thing in Bitcoin so the chance that it will happen is small.
You also can see that Bitcoin is getting more popular and that is nice because you see that it is also more acceptable.
sr. member
Activity: 280
Merit: 250
given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?

home internet and mobile internet goes down

do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away

Thats all your imaginations, because this day will never come, but your answer is, of course when internet has die, so bitcoin also die, because bitcoins and just like other online currencies also has no fisical appearance, so no one has bitcoins in cash,no online trading, no bitcointalk, so everything has been finished.
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