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Bitcoin => Bitcoin Discussion => Topic started by: very_452001 on April 13, 2020, 06:55:20 PM



Title: 5G & Bitcoin Risks?
Post by: very_452001 on April 13, 2020, 06:55:20 PM
Okay firstly lets clarify the wireless frequency tech:

Is 5G just bandwidth where it just carries dumb data packets via frequencies to smart devices requesting it or has the 5G network protocol has advanced from previous wireless tech where the 5G towers/satellites or even 5G frequencies can do any sort of advanced smart processing data like a cpu processor in a computer? Meaning the dumb raw data has been processed by 5G before it even reaches the 5G smart devices that all have cpu processors in them anyway? For example if whatsapp want to censor the word Bitcoin in messages then the 5g network can process that without whatsapp AI servers doing it.

If there is any sort of smart processing by the 5G frequencies then how is 5G different to Neural Networks that uses Smart Human Brain type of processing?

Lastly I remember each wireless tech had a mid life upgrade like 3G had a mid life upgrade to HSDPA. Then 4G to 4G LTE or 4G+.

So will 5G have a upgrade in few years time to 5G MAX or 5G+ or 5G ultimate or whatever they wanna call it?

Do these mid life upgrades require new hardware masts/satellites/towers?


Lastly coming onto Bitcoin Risks with the 5G being rolled out everywhere as we speak. Like discussed above if 5G can do some smart processing on its own independently then can the Government use the 5G network to ban Bitcoin Payments done outside the home if phone is connected to 5G? For example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?



Title: Re: 5G & Bitcoin Risks?
Post by: jackg on April 13, 2020, 07:01:59 PM
Current cell towers already have cpus? There are fewer towers due to frequencies but 5g might not need as powerful cpus either per tower...

Most data is encrypted end to end too... WhatsApp is encrypted with only the sender, receiver, server, and whoever the server distributes it to. Censoring private messages is nothing western governments should really tolerate.

The 5glte, 5g+, 5g super high performance may come out, but I don't know how likely it is to not have a continuously evolving set of standards..

In the UK 5g with Vodafone started at about 40 mbps and three at about 20, already Vodafone has advanced to 150mbps so I imaging this'll just continue. The more towers the better the coverage is probably the way they'll go, 5g compatible devices are compatible up to 10gbps and there may be a point where it needs extending further but for now that isn't necessary.


Title: Re: 5G & Bitcoin Risks?
Post by: 20kevin20 on April 14, 2020, 12:37:15 AM
~

So will 5G have a upgrade in few years time to 5G MAX or 5G+ or 5G ultimate or whatever they wanna call it?

Do these mid life upgrades require new hardware masts/satellites/towers?
I don't know about 5G for sure but I do know that Elon Musk's Starlink is going to be upgraded in a matter of years and I believe it's going to be on-the-fy (or over-the-air). Isn't it a bit nonsense to bring up satellites, towers etc and then having to physically get some other hardware to upgrade the network?

If I think it logically, it's probably a matter of time and hitting a certain goal. Once Elon Musk has all his satellites up and running, he's probably going to tune them all to the max power. If so, I assume the same will happen to 5G hardware too.


~

Lastly coming onto Bitcoin Risks with the 5G being rolled out everywhere as we speak. Like discussed above if 5G can do some smart processing on its own independently then can the Government use the 5G network to ban Bitcoin Payments done outside the home if phone is connected to 5G? For example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?
Why would they specifically use 5G to ban BTC payments? If they want to ban it, they'd legally do it through regulations so you won't be able to use it to pay for your coffee/groceries anymore. Moreover, if 5G was the way they wanted to block BTC, that means you could bypass the ban by using Wi-Fi.. so if you're expecting the govs to block it, then expect something straight & forward and fool-proof regulations.


Title: Re: 5G & Bitcoin Risks?
Post by: Wind_FURY on April 14, 2020, 08:23:29 AM

Why would they specifically use 5G to ban BTC payments?

If they want to ban it, they'd legally do it through regulations so you won't be able to use it to pay for your coffee/groceries anymore. Moreover, if 5G was the way they wanted to block BTC, that means you could bypass the ban by using Wi-Fi.. so if you're expecting the govs to block it, then expect something straight & forward and fool-proof regulations.


Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.


Title: Re: 5G & Bitcoin Risks?
Post by: ABCbits on April 14, 2020, 10:55:25 AM
While i don't know technical details of 5G, packet analysis (the more advance version, which is deep packet inspection) already used by government and ISP to track you or/and sell your data. You don't need 5G to do it.
As long as end-to-end encryption are legal and your connection uses end-to-end encryption, you don't need worry your Bitcoin transaction getting blocked.

However, some country plans to make end-to-end encryption illegal or make it's not really end-to-end encryption (e.g. forcing companies to give government encryption key or the software must send the data/metadata to government before encryption/after decryption).
The example is EARN IT by US government.

TLDR : there's no real risks towards Bitcoin from 5G technology.


Title: Re: 5G & Bitcoin Risks?
Post by: HeRetiK on April 14, 2020, 01:42:40 PM
For the most part 5G is a mere bandwidth increase by using higher frequencies than its predecessors. It's closer related to ham radios than to neural networks and articificial intelligence. The dangers of the questionable security of IOT devices may be further aggravated by the widespread availability 5G, but that has little to do with 5G itself and even less an impact on Bitcoin.


Title: Re: 5G & Bitcoin Risks?
Post by: stompix on April 14, 2020, 02:59:46 PM
for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

If somebody would want to block transactions they don't need 5G for that.
Packet sniffing can happen on anything, even on 3G or 4G or the McDonalds free wifi (which surprisingly some use to access the forum).  ;D

For example if whatsapp want to censor the word Bitcoin in messages then the 5g network can process that without WhatsApp AI servers doing it.

Nope and also none of the above.
You're understanding something wrong, attributing some magical power to a technology and a protocol.
It's like asking if the blockchain can stop you from buying marijuana over the dark web.

Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Most efficient? Lol...what about transactions done via cable?
I told you a hundred times, rather than going to all this trouble of finding blocking solutions when not even 0.1% of the population has 5g ready phones and nobody knows how many bitcoiners are actually making transactions over 5g or will ever make one (I for one have no wallet right now on my phone), they can simply ban usage.
40 years in prison for engaging in anything related to bitcoin.
In two days after the US and EU do this, the crypto space will be a wasteland.

Stop trying to envision sci-fi scenarios and mysterious conspirations, if they want to stop it they won't be doing it by sniffing mobile data.


Title: Re: 5G & Bitcoin Risks?
Post by: HeRetiK on April 14, 2020, 04:05:56 PM
for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

To be fair there's a lot of conflicting information out there.

I'm still not sure whether 5G was created by a Skynet-like AI to brainwash the human population, causes Coronavirus to crash the global economy or merely kills trees in its vincinity.


Title: Re: 5G & Bitcoin Risks?
Post by: NotFuzzyWarm on April 15, 2020, 01:23:17 PM
Perhaps folks should simply do a search on what 5G is (http://www.emfexplained.info/?ID=25916) and how 5G works (http://www.emfexplained.info/?ID=25916#How%20does%205G%20work) before leaping onto the Wild Theory & Conspiracies bandwagon......
Hint: 5G sites do not do any pre-processing/sniffing or filtering of data packets.


Title: Re: 5G & Bitcoin Risks?
Post by: Wenbing on April 15, 2020, 03:26:59 PM
for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

To be fair there's a lot of conflicting information out there.

I'm still not sure whether 5G was created by a Skynet-like AI to brainwash the human population, causes Coronavirus to crash the global economy or merely kills trees in its vincinity.

From my knowledge of 5G (fifth generation technology) is that it will promote AI and IOT technological evolutions. This is simply because the 5G network is faster in speed than other generational network.

So, I don't really know if it'll affect decentralized systems systems BH decrypting encrypting data.


Title: Re: 5G & Bitcoin Risks?
Post by: Wind_FURY on April 16, 2020, 05:27:28 AM
Perhaps folks should simply do a search on what 5G is (http://www.emfexplained.info/?ID=25916) and how 5G works (http://www.emfexplained.info/?ID=25916#How%20does%205G%20work) before leaping onto the Wild Theory & Conspiracies bandwagon......

Hint: 5G sites do not do any pre-processing/sniffing or filtering of data packets.


New tech always attract conspiracy theories. There were things blamed on radio too during the early 20th Century that included, bad skin, bad economy, dead birds, fights, rain, snow, and many more.

Plus, shower thought. What would the conspiracy theorists say about 6G. 8)


Title: Re: 5G & Bitcoin Risks?
Post by: buwaytress on April 16, 2020, 06:54:13 AM
for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Ask Hong Kong demonstrators how the government managed to look them up and identify them and protest locations. It wasn't so much on new technology but on old ones. They simply used surveillance, face recognition, and yes, bank records to trace, for example, when and where they bought subway tickets, and to which locations.

People switched to Bitcoin over encrypted chat to get couriers to buy tickets for them or to set up flash groups with location details only minutes before. You want to censor Bitcoin, you can already do it now, but people will keep finding ways around it.

It's really illogical for the state to use 5G to block bitcoin payments when they would just outright ban Bitcoin (to the same effect as above). Can't pay your coffee on 5g? Scan the QR code and send it over to someone who can pay for you, or send someone your tx to broadcast.


Title: Re: 5G & Bitcoin Risks?
Post by: HCP on April 16, 2020, 11:03:17 PM
Perhaps folks should simply do a search on what 5G is (http://www.emfexplained.info/?ID=25916) and how 5G works (http://www.emfexplained.info/?ID=25916#How%20does%205G%20work) before leaping onto the Wild Theory & Conspiracies bandwagon......
Nevermind the risks to Bitcoin... what about the fact that 5G is responsible for Covid-19!!!1!11!1!!one!!!!1eleven... ::) ::) ::)

Seriously, I couldn't believe when I saw the news that people were setting fire to cellphone towers because of some stupid conspiracy theory regarding 5G and Covid-19 (https://www.theverge.com/2020/4/4/21207927/5g-towers-burning-uk-coronavirus-conspiracy-theory-link).

Unfortunately, there is always going to be people that fall for this stuff because they need to blame something for all the bad stuff in their life... So, conspiracy theories have and will always exist :-\


Title: Re: 5G & Bitcoin Risks?
Post by: Wind_FURY on April 17, 2020, 08:18:34 AM
Perhaps folks should simply do a search on what 5G is (http://www.emfexplained.info/?ID=25916) and how 5G works (http://www.emfexplained.info/?ID=25916#How%20does%205G%20work) before leaping onto the Wild Theory & Conspiracies bandwagon......
Nevermind the risks to Bitcoin... what about the fact that 5G is responsible for Covid-19!!!1!11!1!!one!!!!1eleven... ::) ::) ::)

Seriously, I couldn't believe when I saw the news that people were setting fire to cellphone towers because of some stupid conspiracy theory regarding 5G and Covid-19 (https://www.theverge.com/2020/4/4/21207927/5g-towers-burning-uk-coronavirus-conspiracy-theory-link).

Unfortunately, there is always going to be people that fall for this stuff because they need to blame something for all the bad stuff in their life... So, conspiracy theories have and will always exist :-\


I read about that too.

https://pbs.twimg.com/media/EVxDY7kVAAEP-gE?format=jpg&name=large

BUT, it's not actually because people are "blaming" for the bad things. Conspiracy theories exists because we have regularly seen the government lie/hide the truth.


Title: Re: 5G & Bitcoin Risks?
Post by: 20kevin20 on April 17, 2020, 11:45:08 AM
Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.
Well.. why bother with such technology when you can easily stop BTC by declaring any trade or transaction using it or any other cryptocurrency illegal? Much easier: just one law and you're done with it. Can't they also attack BTC using any of the existent internet technology (3G, 4G, even wired) we already have?

If anything, Microsoft's patent for a WO/2020/060606 - CRYPTOCURRENCY SYSTEM USING BODY ACTIVITY DATA (https://patentscope2.wipo.int/search/en/detail.jsf?docId=WO2020060606) is what truly scares me and I think it's more of a threat to BTC than 5G is.



I read about that too.

~

BUT, it's not actually because people are "blaming" for the bad things. Conspiracy theories exists because we have regularly seen the government lie/hide the truth.
Thought this is pretty interesting: CIA DOC 1035 960 (https://ia801007.us.archive.org/3/items/CIADOC1035960/CIA%20DOC%201035-960.pdf)


Page 3, from "2.":
Quote
The aim of this dispatch is to provide material countering and discrediting the claims of the conspiracy theorists, so as to inhibit the circulation of such claims in other countries. Background information is supplied in a classified section and in a number of unclassified attachments.


Page 4, from "3. Action, b.":
Quote
To employ propaganda assets to and refute the attacks of the critics. Book reviews and feature articles are particularly appropriate for this purpose. The unclassified attachments to this guidance should provide useful background material for passing to assets. Our ploy should point out, as applicable, that the critics are (I) wedded to theories adopted before the evidence was in, (II) politically interested, (III) financially interested, (IV) hasty and inaccurate in their research, or (V) infatuated with their own theories.


There's more than just that - keep reading from page 3 down if you find it interesting  :)


Title: Re: 5G & Bitcoin Risks?
Post by: squatter on April 17, 2020, 10:47:30 PM
https://pbs.twimg.com/media/EVxDY7kVAAEP-gE?format=jpg&name=large

BUT, it's not actually because people are "blaming" for the bad things. Conspiracy theories exists because we have regularly seen the government lie/hide the truth.

The theory about 5G spreading COVID-19 is quite dumb. 5G obviously doesn't affect Bitcoin, either.

There are some really legitimate concerns about the adverse health effects, though. The history of 2G and 3G shows they are harmful to humans. We don't know to what extent 4G and 5G are harmful because of the incredible lack of research, but I wish people were more conscious of the potential effects (https://blogs.scientificamerican.com/observations/we-have-no-reason-to-believe-5g-is-safe/):

Quote
Millimeter waves are mostly absorbed within a few millimeters of human skin and in the surface layers of the cornea. Short-term exposure can have adverse physiological effects in the peripheral nervous system, the immune system and the cardiovascular system. The research suggests that long-term exposure may pose health risks to the skin (e.g., melanoma), the eyes (e.g., ocular melanoma) and the testes (e.g., sterility).

Since 5G is a new technology, there is no research on health effects, so we are “flying blind” to quote a U.S. senator. However, we have considerable evidence about the harmful effects of 2G and 3G. Little is known the effects of exposure to 4G, a 10-year-old technology, because governments have been remiss in funding this research. Meanwhile, we are seeing increases in certain types of head and neck tumors in tumor registries, which may be at least partially attributable to the proliferation of cell phone radiation. These increases are consistent with results from case-control studies of tumor risk in heavy cell phone users.


Title: Re: 5G & Bitcoin Risks?
Post by: lixer on April 18, 2020, 06:36:08 AM
Nah, 5G wouldn't have anything to do with Bitcoin. It is just a network upgrade and will make our browsing speed rate faster. But in the case of Bitcoin, there is no way that they are going to make use of 5G to block the access we have to Bitcoin. If that's how it's going to work, then I believe they would have done that since or doesn't 4G LTE have the same abilities? Except that is slower than 5G?

If it was possible, some people would find a way to bypass the block. You said in a coffee shop right? Most coffee shops do have free WiFi, so the people will make use of WiFi to access it or maybe developers will start creating applications that will make the network not realize which app you're using.


Title: Re: 5G & Bitcoin Risks?
Post by: joinfree on April 18, 2020, 02:20:10 PM
Current cell towers already have cpus? There are fewer towers due to frequencies but 5g might not need as powerful cpus either per tower...

Most data is encrypted end to end too... WhatsApp is encrypted with only the sender, receiver, server, and whoever the server distributes it to. Censoring private messages is nothing western governments should really tolerate.

The 5glte, 5g+, 5g super high performance may come out, but I don't know how likely it is to not have a continuously evolving set of standards..

In the UK 5g with Vodafone started at about 40 mbps and three at about 20, already Vodafone has advanced to 150mbps so I imaging this'll just continue. The more towers the better the coverage is probably the way they'll go, 5g compatible devices are compatible up to 10gbps and there may be a point where it needs extending further but for now that isn't necessary.
Are you saying we have already people using the 5G network? I read sometime ago that it was harmful and several Environmental analysts were campaigning against its installation and it seems it is already in motion. Wow, I have even read documents linking a theory of this pandemic to the secrete installation of 5G network. I guess I need to do a bit of more research about this.


Title: Re: 5G & Bitcoin Risks?
Post by: jackg on April 18, 2020, 02:38:17 PM
Are you saying we have already people using the 5G network? I read sometime ago that it was harmful and several Environmental analysts were campaigning against its installation and it seems it is already in motion. Wow, I have even read documents linking a theory of this pandemic to the secrete installation of 5G network. I guess I need to do a bit of more research about this.

People use 5g and no it isn't harmful to anything. Environmental analysis have issues with everything physical and organic scientists are fine with.

I'm told:
The intensity of 5G won't exceed the current cosmic microwave background radiation (cmbr)
The coronavirus can't be caused by an electromagnetic wave... There's just no way.

The first problem with the theory of covid19 being caused by the wave is thst the virus will be completely unaffected by it, much like the virus being invisible because its half the size of a blue light wave is similar to thst with coronaviruses - they can't even absorb the energy.

Current microwave radiation can be used to heat things up but cell damage at current levels is almost impossible and we've been experiencing the same radiation for millions of years as primates...

If you check sources, check things with viable facts... Look at what physical and organic scientists are saying, don't spend your time looking at conspiracy theories Bob the flat earther invented in his garage while shooting heroin (random names and procedures not based on anyone in particular)...

A theory is a theory until it's proven and then it becomes a theorem and eventually a law once it isn't disproven and accepted as a standard for long enough.

We know for sure though that 5g radiation will have much less of an affect than other things such as sunlight and any light... And we can't exactly get rid of all forms of electricity...


Title: Re: 5G & Bitcoin Risks?
Post by: hatshepsut93 on April 18, 2020, 06:14:37 PM
Privacy/freedom and anti-privacy/anti-freedom is a game of cat and mouse, governments and companies make software to take those things from people, people make software to prevent it. 5G doesn't have anything that inherently helps it censor Bitcoin. If governments will be trying to do this, Bitcoiners will start using technologies like TOR more to mask their Bitcoin activity.

But so far there's not that much attempts to stop Bitcoin. Yes, some governments banned it, but majority of the world still ignores it or allows it. If they wanted to stop Bitcoin, the first thing to do is to ban exchanges, which would have terrible effect on the whole ecosystem.


Title: Re: 5G & Bitcoin Risks?
Post by: very_452001 on April 18, 2020, 07:55:58 PM
Current cell towers already have cpus? There are fewer towers due to frequencies but 5g might not need as powerful cpus either per tower...

Most data is encrypted end to end too... WhatsApp is encrypted with only the sender, receiver, server, and whoever the server distributes it to. Censoring private messages is nothing western governments should really tolerate.

The 5glte, 5g+, 5g super high performance may come out, but I don't know how likely it is to not have a continuously evolving set of standards..

In the UK 5g with Vodafone started at about 40 mbps and three at about 20, already Vodafone has advanced to 150mbps so I imaging this'll just continue. The more towers the better the coverage is probably the way they'll go, 5g compatible devices are compatible up to 10gbps and there may be a point where it needs extending further but for now that isn't necessary.

I hear 5G towers are less power consumption in compared to 4G however the new 5G frequencies are super high and fast but shortwave by nature meaning the signal is powerful but cant travel far.

Dont know what kind of cpu's in the 5G towers. Can these cpu's or frequencies decrypt encrypted data real time or impossible?



~

So will 5G have a upgrade in few years time to 5G MAX or 5G+ or 5G ultimate or whatever they wanna call it?

Do these mid life upgrades require new hardware masts/satellites/towers?
I don't know about 5G for sure but I do know that Elon Musk's Starlink is going to be upgraded in a matter of years and I believe it's going to be on-the-fy (or over-the-air). Isn't it a bit nonsense to bring up satellites, towers etc and then having to physically get some other hardware to upgrade the network?

If I think it logically, it's probably a matter of time and hitting a certain goal. Once Elon Musk has all his satellites up and running, he's probably going to tune them all to the max power. If so, I assume the same will happen to 5G hardware too.


~

Lastly coming onto Bitcoin Risks with the 5G being rolled out everywhere as we speak. Like discussed above if 5G can do some smart processing on its own independently then can the Government use the 5G network to ban Bitcoin Payments done outside the home if phone is connected to 5G? For example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?
Why would they specifically use 5G to ban BTC payments? If they want to ban it, they'd legally do it through regulations so you won't be able to use it to pay for your coffee/groceries anymore. Moreover, if 5G was the way they wanted to block BTC, that means you could bypass the ban by using Wi-Fi.. so if you're expecting the govs to block it, then expect something straight & forward and fool-proof regulations.

If Elon Musk sending all those 5G satellites into space to beam to earth 5g frequencies then what use are the 5G towers down on earth then?

Yes its possible to overcome the ban with wi-fi then that means you cant spend bitcoin outdoors at the shops then right?



While i don't know technical details of 5G, packet analysis (the more advance version, which is deep packet inspection) already used by government and ISP to track you or/and sell your data. You don't need 5G to do it.
As long as end-to-end encryption are legal and your connection uses end-to-end encryption, you don't need worry your Bitcoin transaction getting blocked.

However, some country plans to make end-to-end encryption illegal or make it's not really end-to-end encryption (e.g. forcing companies to give government encryption key or the software must send the data/metadata to government before encryption/after decryption).
The example is EARN IT by US government.

TLDR : there's no real risks towards Bitcoin from 5G technology.

But 5G will ramp up data collection and privacy issues tracking as I assume 5G can process more than 4G and this Internet of Things IOT relies on the 5G infrastructure right?

The next stage for bitcoin is the lightning infrastructure right?

So how will BTC & Lightining go well with 5G and IOT?

[moderator's note: consecutive posts merged]


Title: Re: 5G & Bitcoin Risks?
Post by: jackg on April 18, 2020, 08:23:21 PM


I hear 5G towers are less power consumption in compared to 4G however the new 5G frequencies are super high and fast but shortwave by nature meaning the signal is powerful but cant travel far.

Dont know what kind of cpu's in the 5G towers. Can these cpu's or frequencies decrypt encrypted data real time or impossible?

If there's a simple backdoor in common cryptographic operations then they may be able to decrypt your data.
If you've connected to a website and haven't got a secure connection failed error, it's unlikely they've been able to decrypt your packets. I don't know if additional encryption would be added at these nodes but I'd say it'd be a foolish inefficiency...


Title: Re: 5G & Bitcoin Risks?
Post by: very_452001 on April 18, 2020, 08:24:46 PM
for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

If somebody would want to block transactions they don't need 5G for that.
Packet sniffing can happen on anything, even on 3G or 4G or the McDonalds free wifi (which surprisingly some use to access the forum).  ;D

For example if whatsapp want to censor the word Bitcoin in messages then the 5g network can process that without WhatsApp AI servers doing it.

Nope and also none of the above.
You're understanding something wrong, attributing some magical power to a technology and a protocol.
It's like asking if the blockchain can stop you from buying marijuana over the dark web.

Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Most efficient? Lol...what about transactions done via cable?
I told you a hundred times, rather than going to all this trouble of finding blocking solutions when not even 0.1% of the population has 5g ready phones and nobody knows how many bitcoiners are actually making transactions over 5g or will ever make one (I for one have no wallet right now on my phone), they can simply ban usage.
40 years in prison for engaging in anything related to bitcoin.
In two days after the US and EU do this, the crypto space will be a wasteland.

Stop trying to envision sci-fi scenarios and mysterious conspirations, if they want to stop it they won't be doing it by sniffing mobile data.

The Governments managed to synchronised together and get 3 billion people in Lockdown though. It seems the whole world lockdown is done by 1 centralised world government with countries following orders.

So imagine what they can do Bitcoin if they decide to ban it. And if such event happens then what can the bitcoiners do?

If government can do this on a huge scale in little time then


Title: Re: 5G & Bitcoin Risks?
Post by: rexxarofmoknathal on April 18, 2020, 08:28:05 PM
I don't think the two technologies are opposing one another

If anything, 5G should actually make Bitcoin more accessible than ever before, especially when Elon Musk's StarLink Satellites start beaming internet to even remote regions.

I personally believe that we need an internet system that cannot go down no matter what. At that point, Bitcoin will be practically invulnerable and will be able to continue its already meteoric growth.


Title: Re: 5G & Bitcoin Risks?
Post by: Zionatin on April 18, 2020, 11:02:29 PM
What on earth are you talking about? You sound like a crazy paranoid person. If you are living in a country that would go that far to restrict you using a digital currency like bitcoin then why live there? You may as way have a dictatorship or probably already do. In a country like that what our rights do they take from you?

for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

If somebody would want to block transactions they don't need 5G for that.
Packet sniffing can happen on anything, even on 3G or 4G or the McDonalds free wifi (which surprisingly some use to access the forum).  ;D

For example if whatsapp want to censor the word Bitcoin in messages then the 5g network can process that without WhatsApp AI servers doing it.

Nope and also none of the above.
You're understanding something wrong, attributing some magical power to a technology and a protocol.
It's like asking if the blockchain can stop you from buying marijuana over the dark web.

Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Most efficient? Lol...what about transactions done via cable?
I told you a hundred times, rather than going to all this trouble of finding blocking solutions when not even 0.1% of the population has 5g ready phones and nobody knows how many bitcoiners are actually making transactions over 5g or will ever make one (I for one have no wallet right now on my phone), they can simply ban usage.
40 years in prison for engaging in anything related to bitcoin.
In two days after the US and EU do this, the crypto space will be a wasteland.

Stop trying to envision sci-fi scenarios and mysterious conspirations, if they want to stop it they won't be doing it by sniffing mobile data.

The Governments managed to synchronised together and get 3 billion people in Lockdown though. It seems the whole world lockdown is done by 1 centralised world government with countries following orders.

So imagine what they can do Bitcoin if they decide to ban it. And if such event happens then what can the bitcoiners do?

If government can do this on a huge scale in little time then

Bitcoin is not like a virus is doesn't threaten your life and it is easy to catch someone outside when they shouldnt be but its almost impossivle to prove if someone has bitcoins. Next thing you going to be telling me that the goverment wants to see your HIV status and blood type as well? You saying you wouldn't use bitcoin? People break laws all the time for years. Stupid laws that should never have been laws to begin with are broken all the time. Why should we not be able to ad as we please as long as we harm noone? Who gets to decide that? Why should we listen to it to begin with? Because of a few people in congress?


Title: Re: 5G & Bitcoin Risks?
Post by: Wind_FURY on April 20, 2020, 11:19:30 AM
BUT THIS conspiracy theory about 5G is what, I believe, could be true. Plus there might be more conspiracy theories invented based on this conspiracy theory, currently because everyone hates China for releasing COVID-19.

https://www.sciencefocus.com/news/5g-and-the-huawei-controversy-is-it-about-more-than-just-security/

Quote

This has been met with concern, because China seems to be building a surveillance state that is tracking, ranking and controlling its entire population. The fear is that the Chinese government could leverage that data flowing through the parts of the network they build to expand its propaganda and censorship regime beyond its shores.



Title: Re: 5G & Bitcoin Risks?
Post by: stompix on April 20, 2020, 12:04:23 PM
The Governments managed to synchronised together and get 3 billion people in Lockdown though.
 It seems the whole world lockdown is done by 1 centralised world government with countries following orders.

I don't know where you saw that synchronization cause I'm missing it totally here in Europe. I doubt there are two countries with the same measures, and there are countries with almost no measure at all like Sweden. There was no such thing and there is no such thing as a world government if it were we wouldn't have had this mess in the first place.

If government can do this on a huge scale in little time then

Yeah, cause governments are known to act fast, as they did in this situation...very fast and decisive and with no sarcasm at all.

What on earth are you talking about? You sound like a crazy paranoid person. If you are living in a country that would go that far to restrict you using a digital currency like bitcoin then why live there? You may as way have a dictatorship or probably already do. In a country like that what our rights do they take from you?

Well, this is the main problem with the way people are thinking.
Let's stop this technology because if the government decides to use it for evil and nefarious purposes...oh, how about we stop electing people that would lead us to such a situation for the first time. The cruelest repressions by the governments or dictatorships all over the world happened with the traditional firearm, not with sextortion tapes, yet I don't see anyone arguing the military shouldn't have guns  ;D




Title: Re: 5G & Bitcoin Risks?
Post by: 20kevin20 on April 20, 2020, 01:11:36 PM
If Elon Musk sending all those 5G satellites into space to beam to earth 5g frequencies then what use are the 5G towers down on earth then?

Yes its possible to overcome the ban with wi-fi then that means you cant spend bitcoin outdoors at the shops then right?
AFAIK, Musk's satellites will not beam 5G frequencies. It's something similar to the 5G technology, but not the same thing. The 5G towers will be available in cities of developed countries. Musk's satellites are brought up in the sky to get internet connections even in areas that have never seen internet connection coverage before.

If Bitcoin would ever be banned, it is common sense that you won't be able to pay at any point of interest. It'd only then become the "criminal's favorite coin", but if authorities ban it, don't they ever call me a criminal because they banned it. A BTC ban seems more and more realistic to me though - the authoritarian way of leading a country is on the rise while privacy is shrinking to the point where it'll be just an idea. Just a theory and a definition.


Title: Re: 5G & Bitcoin Risks?
Post by: so98nn on April 20, 2020, 01:52:21 PM

Why would they specifically use 5G to ban BTC payments?

If they want to ban it, they'd legally do it through regulations so you won't be able to use it to pay for your coffee/groceries anymore. Moreover, if 5G was the way they wanted to block BTC, that means you could bypass the ban by using Wi-Fi.. so if you're expecting the govs to block it, then expect something straight & forward and fool-proof regulations.


Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Im pretty sure censorship resistance can not be removed from the blockchain technology considering its limitless blocks encoded with irreversible secure hashing algorithm.

What they could with the 5G frequency ? Reverse the impossible seed that was generated with gibberish hash with no relation to input data ? (ex. transaction, where it is coming and whereto going?)

May be that would be impossible to do it over a network. It will block the banking too since they do use SHA protocols as well.


Title: Re: 5G & Bitcoin Risks?
Post by: Chris Barth on April 20, 2020, 02:11:48 PM
Actually, it is very possible that your service provider can hinder you from making such transactions. I can verify this based on a feature my service provider gives. This feature allows you to view specific website only. If they could do that, they can keep you away from connecting to your wallet or maybe a bitcoin related site. 


Title: Re: 5G & Bitcoin Risks?
Post by: wozzek23 on April 21, 2020, 09:55:16 AM
Some people have said that if it’s possible, that we can avoid such a problem by making use of Wi-Fi when we want to make use of our Bitcoin wallets, whether we are outside or at homes, we should connect to Wi-Fi. But I’m not really sure about this, and I’m also not going to believe that 5G networks will be used by the government to trace and destroy cryptocurrency addresses and wallets.

If that should be the case, anyone who wants to make use of Bitcoin in transaction should always try to generate and make use of new addresses at all times. I believe by generating new address, you can avoid being traced and all sort of things like that.


Title: Re: 5G & Bitcoin Risks?
Post by: Zrobey on May 04, 2020, 07:04:29 AM
I think it's funny and stupid. There is no risk to health (only for mental health)


Title: Re: 5G & Bitcoin Risks?
Post by: MCobian on May 04, 2020, 07:29:50 AM
I doubt the 5G technology is being used by the government to block bitcoin transactions. To my knowledge 5G technology only
speeds up internet connection, as is the case when upgrading 3G to 4G. So no need to worry bitcoin will be threatened with
5G technology. If the government intends to block bitcoin transactions, there is no need to use 5G technology. Simply make
a banned policy against bitcoin. In fact only a few countries have banned bitcoin.


Title: Re: 5G & Bitcoin Risks?
Post by: anoufal on May 04, 2020, 09:48:44 AM
How can these things be connected? I don't understand it at all.


Title: Re: 5G & Bitcoin Risks?
Post by: davinchi on May 05, 2020, 09:27:11 AM
Lol I am seeing people who are saying that they would make use of WiFi instead of the 5G network. Seriously, where's the difference there if the WiFi is still connected to a 5G network? WiFi doesn't magically give you access to the net, it's connected to a network and you can then connect lots of devices to it. So, what's really the difference? You will still be making use of that same network. My own opinion would be that if there should be a situation as such, the best thing we can do is to switch our Network down from 5G to either 4G or 3G. Right now I still make use of the 3G network, and hardly switch to 4G except in a situation where the 3G is acting slowly.


Title: Re: 5G & Bitcoin Risks?
Post by: Ibizugbe1 on May 06, 2020, 03:21:14 AM
I believe 5G is just an upgraded internet technology which will make things more faster and better than we currently do have and not a tool in the hand of government to control or ban bitcoin. There has been too many conspiracy theorem around the 5G connection which am still studying its harmful effect.


Title: Re: 5G & Bitcoin Risks?
Post by: Jollyjoe on May 15, 2020, 08:16:57 AM
I don't know much about 5G because I don't know much about physics. But it should be noted that the increase in speed will affect the increase in the power of processors, which will allow you to extract more and more cryptomonets.