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Topic: Would World War instantly destroy Bitcoin? (Read 5045 times)

member
Activity: 84
Merit: 10
April 11, 2014, 08:50:12 PM
#81
You're assuming that the internet would be "regulated and controlled". If bitcoin were to die, it would not be from war, it would be from regulation. And even then, bitcoin might still flourish in places that lack control (like on the dark web).
sr. member
Activity: 266
Merit: 250
Im sure bitcoin will survive
sr. member
Activity: 364
Merit: 250
Yeah cause im sure the US will activate the kill switch,  then I dont see how we can do any bitcoin transaction after that happens.  I think is time to make new kind of interenet one where is controlled by the people PWW.bitcoin.com  Peoples Wide Web.  !!!
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
The real question is....will humans survive a 3rd world war? It only takes 1 group to launch a nuke to spark a chain of nuke launches and the end of the world as we know it.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Your paper wallets will be fine  Tongue

Well, they shouldn't actually be made of paper or anything combustible. Do you know that roaches eat paper? Grin
sr. member
Activity: 518
Merit: 250
Your paper wallets will be fine  Tongue
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Another World War would destroy everything. Well, maybe not roaches, I heard they might be able to survive a nuclear winter.

And take over the world (get ready)... Cheesy
hero member
Activity: 672
Merit: 500
Another World War would destroy everything. Well, maybe not roaches, I heard they might be able to survive a nuclear winter.
legendary
Activity: 1639
Merit: 1006
Depends on the effect a world war would have on the internet, if it can still run properly I believe bitcoin prices would skyrocket. People will be exchanging firearms and what not with bitcoin, in times of desperation and crisis people make the most money.

Lol, now we don't have anything like a world war but bitcoin is falling head to the ground... Grin

Haha, Maybe the thread should be "Does Bitcoin need World War to survive?" Maybe the answer is yes, but only a small one please.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Depends on the effect a world war would have on the internet, if it can still run properly I believe bitcoin prices would skyrocket. People will be exchanging firearms and what not with bitcoin, in times of desperation and crisis people make the most money.

Lol, now we don't have anything like a world war but bitcoin is falling head to the ground... Grin
member
Activity: 252
Merit: 10
Depends on the effect a world war would have on the internet, if it can still run properly I believe bitcoin prices would skyrocket. People will be exchanging firearms and what not with bitcoin, in times of desperation and crisis people make the most money.
full member
Activity: 560
Merit: 102
bitcoin would still be alive because people would still want to buy pot on the darkweb
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
A full world war, if it cascaded into a global nuclear exchange would be bad for the network.

EMP weapons detonated high in the atmosphere could certainly stifle Bitcoins growth phase.

But kill it with 100% certainty? I'm not sure, provided the blockchain survived somewhere, preferably in multiple places, then bitcoin survives with a possibility of restarting the blockchain after the idiots stop fighting.

There could be no one to restart the blockchain after the fighting is over... Cool
g4c
member
Activity: 98
Merit: 10
A full world war, if it cascaded into a global nuclear exchange would be bad for the network.

EMP weapons detonated high in the atmosphere could certainly stifle Bitcoins growth phase.

But kill it with 100% certainty? I'm not sure, provided the blockchain survived somewhere, preferably in multiple places, then bitcoin survives with a possibility of restarting the blockchain after the idiots stop fighting.

I suppose before EMP problems blockchain forks might be forced by national firewalls, they would certainly kill the "oneness" of Bitcoin if they did fork and continue to run.

hero member
Activity: 770
Merit: 500
Yes it will destroy the BTC.
newbie
Activity: 17
Merit: 0
"War is to the 21st century what oil was to the 20th; the pillar that supports the global economy."

- Colonel Roy Campbell, Metal Gear Solid 4: Guns of the Patriots
legendary
Activity: 1639
Merit: 1006
Quote from: AnonyMint link=topic=413236.msg6139673#msg6139673
The coin needs a better (more efficient ) design

If bitcoin wants to survive world war, the infrastructure has to be in place now. World war today would certainly destroy bitcoin, a decentralized blockchain will never respond quick enough in chaotic world crisis. Because we can sit here and discuss ways that it could survive is far from it actually doing  so.

I agree that bitcoin dev seems stuck in mud, could be our undoing on many levels.

I am starting to think conspiracy when it comes to bitcoin languishing, something doesn't seem right.
hero member
Activity: 518
Merit: 521
The coin needs a better (more efficient) design than Bitcoin on the way miners aggregate and relay data.

Although, broadcast (as e.g. radio) is a marvelously efficient way to distribute the data.  Satellite seems like a no-brainer.

Good idea.

I also thought of another I think better solution so that block periods don't need to slowdown to the least common denominator of relaying delays. We provide a protocol for coins to be spent from a chain to another chain, i.e. the coin retires in the source chain and is born in the destination.

So then multiple chains can spawn and operate in different segments of the internet as necessary in a decentralized free market.

There are some caveats and details which I thought about but won't enumerate at the moment.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
The coin needs a better (more efficient) design than Bitcoin on the way miners aggregate and relay data.

Although, broadcast (as e.g. radio) is a marvelously efficient way to distribute the data.  Satellite seems like a no-brainer.
hero member
Activity: 518
Merit: 521
The entire internet will never go down. The main threat is segmentation of the internet and thus the block chain into competing chains.

The solution is to HAM or shortwave radio the data between segments, and the miners slow down the block period as necessary to accommodate the slower relaying time.

The coin needs a better (more efficient) design than Bitcoin on the way miners aggregate and relay data.

This can probably all be solved once we get serious development back into a coin. Bitcoin development has become rigor mortis.
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