Topic: What will happen to the Bitcoin network if Russia blocks access to the internet? (Read 864 times)

It is difficult for us to predict the actions of governments and therefore, we don't know what the possible scenario of events will be. I don't exclude the possibility of blocking the internet in Russia. Why do you exclude such a possibility of events? In China, for example, they managed to implement this and now they have an ecosystem. As you remember, their mining also ceased to exist. If the network is blocked in Russia, events will develop in much the same way as in China: first, the hashrate will fall, and then it will recover after moving miners to other regions with favorable conditions.

The truth is that I do not create a scenario where Russia blocks the internet, under no circumstances will it do so, since it has a series of sanctions that do not allow it to be free as they have always been, on the contrary, through the internet it is the only way out they have to be able to access certain privileges and I imagine the excessive use of VPN to be able to enter certain sites or platforms because I understand that the sanctions extend to internet sites, payment systems and anything that has to do with giving ease for them. That is why everything that is with btc or cryptocurrencies, or sites that give them access such as Exchanges, casinos, must reign. among others.

The point is not how well Putin and his entourage are able to block the population's access to objective information, including about the progress and results of the war of conquest they unleashed in Ukraine. The very fact that such unprecedented measures for civilized countries are applied in Russia is important. And information about a possible shutdown of the Internet in Russia, most likely, indicates that the measures taken earlier did not achieve the desired effect. Apparently, they will not dare to turn off the Internet in Russia, since information about the events in Ukraine is rapidly spreading in the regions of Russia, and this extreme measure becomes meaningless.

Maybe for some time period the hash generated out of Russian mining firms gets lowered. Russia won't restrict the usage of internet. If Russia has been affected out of the bitcoin, then it might've taken measures to stop the internet usage within the country. More sanctions were on Russia, and this has affected the country's economy. Slowly Russia have been making plans and the usage of bitcoin have helped them leave the country and work in a completely normal region.

Nothing will occur to crypto currency (Bitcoin) but the people who are Trading with Bitcoin, and those who are into the business of buying and selling will also shut down. And that will cause Immigration. The crypto users in Russia will travel to another nearby Countries to do their business. And also that will increase the economy of the nearby Countries.
What will happen is that Russia economy will also shut down. And Russia might even lost the war, because most of the nuclear weapons are connected to the internet. They are control from ip address. Therefore, Russia being one of the highest technological Country in the whole world will not shut down her internet but will only restrict some areas of operation. So the people can use the areas that there is network. But remember, shutting down of network will never affect Bitcoin but the people.

Bitcoin is increasingly attractive because it can adapt to conditions and needs, this is what makes us never worry about the future of bitcoin, even when the war is then bitcoin is always attractive than fiat or other assets, bitcoin will continue to be valuable and attacks on bitcoin never succeed until now.

Your problem is that you believe the news that publishes the wrong information. These services work in Russia, they are blocked for some providers, and for some they work even without VPN. VPN allows you to use all foreign services. Also, all blocked VPN services work in Russia.

In Russia, Facebook, Twitter, Instagram have been very quickly turned off lately. Now they intend to turn off the Internet completely. The first thing to ask is, what is the purpose of this?
The Putin regime wants to prolong its existence by hiding from its people the course of the war in Ukraine and the heavy losses of Russians in manpower and equipment, so that the indignation of the people does not turn into destructive riots with the overthrow of power. Putin does not care about his people, and the economy, and the Internet, and cryptocurrency. He is doing everything he can to keep  in power a little longer. Stupid, insane old man... Coffins all the same massively went to all corners of Russia.

I don’t think Russia can be cut off from the internet entirely, so they can still do Bitcoin and crypto-related stuff. Although some major ISPs are pulling out from the Russian market, they still have their own which is RuNet as I have seen in one of the Youtube videos I’ve watched. But sad to say that social media giants like Facebook, Twitter, Instagram, TikTok, WhatsApp, etc., are now getting blocked in Russia.

One of the beautiful influencers with around 23 million followers are crying in tears in her last Instagram video before the internet regulator officially cutting off Instagram in their country. But however, I did see in her bio that is a link to her Telegram channel or group. Meaning to say that Telegram is still operational in Russia.

For the worst-case scenario, they should be using VPNs in order to continue posting in various sites who blocked them.

I'm already tired of reading about the Putin regime in Russia. Why is it that when the US attacks other countries, then all the countries of the world stick their tongues up their asses?
Read information about the latest conflicts where the United States participated:

"According to the agency, the United States supplied Ukraine this 2020 year with military products worth 510 million and almost 599 thousand US dollars. At the same time, in previous years, the amounts spent were significantly less - approximately 272.5 million in 2019, 250.8 million in 2018, 207.7 million in 2017 and almost 226.6 million in 2016. For all the time, the total cost of deliveries to Ukraine amounted to about $1.65 billion, since over the previous period - from 1950 to 2015 - the United States supplied weapons and equipment to this country in the amount of more than $179.2 million."
https://ria.ru/20201208/vooruzheniya-1588152746.html

Data in American newspapers
https://www.washingtonpost.com/national-security/2022/03/04/us-weapons-ukraine/
"The United States has committed about $3 billion in military aid to Ukraine since Russia annexed Crimea in 2014."

Do you not understand that this event has been prepared for more than 6 years?
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Bitcoin will also work without the Russian Internet.

Not sure about other cryptos, but least in the case of Bitcoin.. You need neither grid power nor internet. Battery backups, solar power, hydro power, distributed nodes across the whole world that can broadcast across satellite  or even radio waves.  There are alternate ways to access it.

Possibly Putin might not have thought of the implications on the other side because as at now, situation of their economy system is bad not to talk of how their currency was devalued, most bitcoin investors leaving the country to seek for a new start, although the effect does not have anything to do with the hash rate as i believe most of the miners too would have seek to relocate to a safety location.

In Russia, the people make their own choice. First, by supporting Putin, then by his passivity, and partly by his support for his attack on Ukraine. Did Putin's regime think that the international community would once again not respond properly to the fact that he decided to seize one of the largest states in Europe by force? It was foolish to think so, because here he had already touched the security of each of the European countries. Therefore, Russia received the toughest sanctions that could destroy Russia itself.
Ukraine also helps in this regard, having put up such stubborn resistance to aggression that Moscow has already realized that the "second army of the world" can lose this war. Therefore, first of all, the Putin regime decided to hide from its people the causes, course and heavy losses in this war. To this end, they have already turned off Facebook and Twitter on their territory, and now they are turning off Instagram. But this is not enough, because the information spreads anyway. Therefore, they are already talking about the complete shutdown of the Internet. We believed that no state would dare to do this. But in order to maintain his power, Putin goes for this. If the Internet is turned off in Russia, taking into account the current sanctions, they will soon be walking around again in sweatshirts and bast shoes, and this will be the second North Korea in terms of its closeness to the world. While there is time, let the Russian people make the right decisions

It certainly has an impact on the hash rate but never I this will be huge. Although we know that Russia has a huge contribution to the crypto market but not all of them are traders, if ever they will block internet connection, they hold their coins. I'm not to think this gonna be forever, transaction will surely resume once the conflict is over, of course. It all just be fine, the people from Russia will also remain calm. We never put this into consideration that we need to sell, no.

I can't see anything here except another Bitcoin fork. Russia has 15 to 20% miners at most, if they separate with their running nodes, it will impact their own economy, because the world will never follow the minority chain, the chain that the majority of people will use will remain stable.

Another thing I heard is that Russia is looking for an alternative to the US dollar, they are hurting themselves by these activities, seems, they are not at all worried about their economy or the future of their people.

Dude decided to invade another nation, a nation in Europe, in year 2022. Do you really think he looks like a person that listens to reason? I mean it is obvious that he is a delusional old demanded dictator that is trying to do the most evil things he can before he dies so that he can get away with it.

What do you think could happen to him? Like what happened to Ghaddafi? Obviously not, he is Putin, he has all the information inside Russia (and most outside) in his ear, and he knows that nothing will ever happen to him, even he loses, or even he wins and kills all Ukrainians. He is old enough to know that he will die, and not too many years later, so he is doing all of this without caring about consequences. It will be Russians that will suffer because of him.

+1
The point is that, as I said, the block would never be 100% effective, although it may seem so in this case, there will always be something that can be done or tried. I suppose that this blocking would come with a law similar to that of false disclosure (news) that brings prison sentences, so will be added to avoid these initiatives.

In any case, without a doubt, there is no comparison, geopolitically speaking, but in my region there are such complex borders in the types of illegal interconnection that are used, that they go hand in hand with the complexity of the border.

Because they work for the government, they are not hackers living in their mom's basement and hacking western accounts, it's more like au authorized army operation. And no "cunning" Russians will be able to bypass a complete blockade, no matter how "cunning" you are you can't do something that is physically impossible.
Show me the hacker that can connect to my broken laptop that has no battery and no internet connection. 



Again, exactly what I was saying
The Chinese government has chosen to do this kind of restriction and poeple there are not afraid to bypass it because the consequences are not that bad.
If the government would want to issue a total blockade they will either go for the same intranet plan or change the sentences for using VPN to a life without parole in a work camp and let's see how many wills till browse western media.
If the government wants to allow poeple a bit of freedom they will do so, if not you can see the level of tolerance in the number of prison years the law comes with.

I wish President Putin is here or has some representatives from his cabinet who can read and tell him all this for him to reconsider his decision. His action will hurt more people than he thinks he will gain. It is the same way the US and their allies should read too. The boycott of the internet in Russia can come from either Putin or the EU as sanction. Time will tell. This war is not only affecting Ukraine, it is also hitting the Russians harshly too. Innocent souls are being massacred in both countries.

The fact that we does not see them does not mean that they are not here. If in North Korean internet is monitored, censored, blocked, prohibited, then how they hell they manage their hackers manage to steal crypto from users and exchanges? Do they do it just for fun or to show their power? If they manage to be in crypto, then cunning Russians will definitely get around blocks.