What happens to the Bitcoin Network if a World war Starts? - page 2.

Winner

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Quote from: BitcoinPanther on March 16, 2017, 11:07:38 PM

Quote from: Winner on March 16, 2017, 10:58:54 PM

If there was a World War, I really wouldn't have to even have my computer on because there would be far more things that needs working on other than discussing things online and lurking in forums. Bitcoin would just die off if there wasn't any internet access depending on the type of war it is. Bitcoin could survive the World War if the internet stays up and the people of the world use the payment system within the underground stores.

If the only basis for Bitcoin to survive a world war only the internet then, I am 100% Bitcoin network will survive. It may have to stop during the war but when it is over, the network will go back alive since internet will surely reestablish after the war. Though I am sure lots of Bitcoin will have lost its owner and private key.

You're right, if there is a bunch of Bitcoin holders that died within the World War then there would be a smaller supply of Bitcoin available within the world. It's pretty messed up though it is what it is. If Bitcoin has a strong network or if someone implements Bitcoin on a meshnet then the people that use Bitcoin when/if that World War situation starts they will have a chance of using Bitcoin later when the War is pretty much over.

Dudeperfect

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Probably some countries will use bitcoins to buy more weapons and fighter jets. In a case of world war, many areas will be out of coverage so we might face trouble if miners will go out of connectivity area.

Or nothing will happen at all for bitcoin directly as the governments around the world will be busy in fighting with each other, it will affect the economic relations of the world and impact will be indirectly on us.

BitcoinPanther

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Quote from: Winner on March 16, 2017, 10:58:54 PM

If there was a World War, I really wouldn't have to even have my computer on because there would be far more things that needs working on other than discussing things online and lurking in forums. Bitcoin would just die off if there wasn't any internet access depending on the type of war it is. Bitcoin could survive the World War if the internet stays up and the people of the world use the payment system within the underground stores.

If the only basis for Bitcoin to survive a world war only the internet then, I am 100% Bitcoin network will survive. It may have to stop during the war but when it is over, the network will go back alive since internet will surely reestablish after the war. Though I am sure lots of Bitcoin will have lost its owner and private key.

Winner

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If there was a World War, I really wouldn't have to even have my computer on because there would be far more things that needs working on other than discussing things online and lurking in forums. Bitcoin would just die off if there wasn't any internet access depending on the type of war it is. Bitcoin could survive the World War if the internet stays up and the people of the world use the payment system within the underground stores.

AicecreaME

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Nothing will happen to the bitcoin network even though World War 3 will start, it is just a software or program which can't be damage by this bombs, guns and so on, so what we have to worry about is ourselves, it is world war, and it is not good if we are still thinking about bitcoin when that day comes, because if we are going to die when that time comes, then what is the sense of having so much bitcoin, we can't have it if we are dead already.

So, if the world war 3 starts? I am sure that I already have a plan and know what to do for my safety and for my family and friends safety, not thinking about this Bitcoin Network.

ranochigo

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If a world war starts, the internet infrastructure would likely be the first to be disrupted. Without the internet, Bitcoin will not work and Bitcoin would cease to exist. I doubt you would have electricity if there is a war in the first place so the nodes and the miners would be down too.

Quote from: _nur on February 20, 2017, 05:47:53 PM

maybe they move to POS? so that it doesn't require very high spec for consensus?

Impossible, it isn't as easy as pushing a switch and nodes wouldn't run without electricity.

ice18

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What happens to the Bitcoin Network if a World war Starts?

Im sure Bitcoin network will experienced huge network traffic because I think panic selling of bitcoin and exchange to fiat will eventually happen especially if the countries involved are like CHINA and USA, bitcoin market will surely fall if war arise, maybe many exchanges will tend to closed and runaway because in war we don't need bitcoins , instead we need food to survive.

smutboy420

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I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

hummmm hard to say esp being that you ? is based on complete paranoia or just a real low grasp of reality and has no real relevance..

NEWGOODOUBLE

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if the Internet did not die when the war came. it bitcoin will be subjected many people to hide or save their money from inflation, theft, robbery, etc

Pettuh4

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Simple, it will be attacked and there wouldn't core Devs to develop it. Interest will dwindle down and they are likely to be incidents of stolen wallets and keys. Everything will be messy in such an instance and that's why I pray against that happening.

batang_bitcoin

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Quote from: Blawpaw on February 19, 2017, 01:16:11 PM

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

I don't personally think that Trump is a threat or potential threat to the world peace. And though we know that he is racist and trying to do something to block some migrants and deports some of them. Still I don't think he is the one that will startled out a war. But we should keep an eye on the fat crazy guy of North Korea, he is more threatening with his nuclear tests. Bitcoin won't be dead and literally affected but the hardware and major medium that we are using for transacting bitcoins and the some part of the market will be affected if they will be in the middle of that war. But not totally the whole market of bitcoin and bitcoin itself.

Silberman

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Quote from: Blawpaw on February 19, 2017, 01:16:11 PM

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

That is a big if, but if world war started bitcoin will be able to survive somehow but the value of it will plummet as people decide they prefer to eat instead of speculating with bitcoin during such difficult times.

cjmoles

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Quote from: Kprawn on March 05, 2017, 01:29:55 PM

Quote from: ilovefeetsmell on February 25, 2017, 01:25:26 AM

Quote from: Blawpaw on February 19, 2017, 01:16:11 PM

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

Why are you so negative? Why do you think trump is a potential threat to a world peace? Maybe he's a good leader that no one can influence him.

What might gonna happen in our bitcoin Network when the world war breaks out? Bitcoin will become completely worthless as well as fiat money.We experienced it that before. No money, lack of foods and we became slaves. The worst part of the war, Governments will hack each others systems.

Trump is going against the norm with many of his radical reforms and decisions he makes. This will most definitely alienate him from some

countries. {Mexico / China / Muslim countries } We might see some increased political instability from some of these hostile nations and this

might lead to war. Bitcoin might be seen as a safe haven, during these times... but WAR will destroy infrastructure and influence the internet. Sad

Yes. Even if the internet isn't effected....market places will be effected by a major event. Bitcoin may be easy to transfer across borders, but the resources purchased with the bitcoin will have a much harder time reaching their destinations. Trade is a bidirectional exchange....let us not forget about that.

Yanisumin

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Bitcoin travels at spectrum space. Unless all the internet network providers are down or a quarter of them are down Bitcoin will still survive. Internet is distributed worldwide and back up by multimillion companies using space satellites. Internet won't go down when two countries at war but if the damage will be at the databases and the satellites of network providers, internet will be no more.
Another possibility of world war is in the world of cyberwarfare, if the hackers attack most of the FBI, CIA, Google, Microsoft, yahoo, and other big companies that will affect government and powerful people's documents and files I think they will mandate to stop the whole internet and this will be a long maintenance in the network. Bitcoin will hold off too when that happens. There will be a great chaos in physical world and cyberspace when there will be world war three. That time it will be a life and death situation.
Bitcoin will be disregarded when that time come even paper money will not be accepted because the way of exchange will be physical. (E.G. food to food, medicine to medicine, water to protection.)

Kprawn

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Quote from: ilovefeetsmell on February 25, 2017, 01:25:26 AM

Quote from: Blawpaw on February 19, 2017, 01:16:11 PM

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

Why are you so negative? Why do you think trump is a potential threat to a world peace? Maybe he's a good leader that no one can influence him.

What might gonna happen in our bitcoin Network when the world war breaks out? Bitcoin will become completely worthless as well as fiat money.We experienced it that before. No money, lack of foods and we became slaves. The worst part of the war, Governments will hack each others systems.

Trump is going against the norm with many of his radical reforms and decisions he makes. This will most definitely alienate him from some

countries. {Mexico / China / Muslim countries } We might see some increased political instability from some of these hostile nations and this

might lead to war. Bitcoin might be seen as a safe haven, during these times... but WAR will destroy infrastructure and influence the internet. Sad

eclecticuniversalas

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International web hacking to disable inner national trade BTC and other altcoins systems such as exchanges within various nations and bitcoin manipulation through market means to distabalize the system, inner nation power grid outages through selective bombing.

ilovefeetsmell

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Quote from: Blawpaw on February 19, 2017, 01:16:11 PM

I'm starting to get very worried about the state of international relations. Trump is a potential threat to world peace, and growing tensions with China and other countries are becoming a real threat.

So, if a World war starts, there are all sorts of scenarios we can consider, but what do you guys think it could happen to Bitcoin?

Why are you so negative? Why do you think trump is a potential threat to a world peace? Maybe he's a good leader that no one can influence him.

What might gonna happen in our bitcoin Network when the world war breaks out? Bitcoin will become completely worthless as well as fiat money.We experienced it that before. No money, lack of foods and we became slaves. The worst part of the war, Governments will hack each others systems.

_nur

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maybe they move to POS? so that it doesn't require very high spec for consensus?

eclecticuniversalas

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if bitcoin became a worldwide currency replacing all other fiat currency, the i would expect countries to develop ways to shut down the entire electrical and computers of other countries by hacking or pure emp weapons thereafter, . .then you could simply disable a countries inner workings and shut down their economies without bombing its land and citizens, . .i think if we all adopt a digital currency system, the development of electrical weapon technologies will undoubtedly follow simply due to the mistrusting nature of mankind towards his neighbors

SHAWN-MIDWAYS

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Let's preach peace and love to avoid world war 3 as you see it!
Afaik if war broke out one of the military tactics used will need to disrupt communication of the enemy which means the enemy won't have access to the bitcoin network to cut them off from doing any business.

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