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Bitcoin => Bitcoin Discussion => Topic started by: CryptoFuturistic on October 20, 2022, 07:43:05 PM



Title: Would Bitcoin Survive A Nuclear War?
Post by: CryptoFuturistic on October 20, 2022, 07:43:05 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Zilon on October 20, 2022, 08:17:26 PM
Quote
Ralph Merkle’s latest article states: “If a nuclear war destroyed half our planet, [Bitcoin] would live on, uncorrupted. It would continue to offer its services… The only way to shut it down is to kill all the servers that host it. Which is difficult, because many servers host it, in many countries, and many people want to use it.”
If half of our planet get destroyed it means the other half will need to have steady energy source to power mining process and it will also mean the human who are survivors on the half planet must serve as  nodes for the network to function.  Once there is an explosion people will panic and saving a server might be the last thought that will come to peoples minds. If Bitcoin must survive a Nuclear war it relies on so many factors and the basics will be energy (power source) and the web

As for Bitcoin living on i won't doubt that but while it still lives it will get slower for transactions to get verified, cost of mining will multiply drastically, many nodes might forcefully shot down due to the attack and many will lose access to their wallet as explosion will destroy lots of valuables and documents. A big chance for the internet to shutdown completely


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: The Cryptovator on October 20, 2022, 08:25:58 PM
If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Hamza2424 on October 20, 2022, 08:37:36 PM
Nope, Not at all as Nuclear war has a lot of consequences. Stability cant be achieved in a nuclear war always remember not only BTC but also our all the technology, development, progress, and evolution cant stand against nuclear war as much I know remember the famous words, I don't know Which type of weapons are going to be used in WW3 but in WW4 there will be Axes and Hammer of stones.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: The Cryptovator on October 20, 2022, 08:44:45 PM
I don't know Which type of weapons are going to be used in WW3 but in WW4 there will be Axes and Hammer of stones.
Please use the quote for this part, otherwise, you might get banned due to plagiarism. It's because of this quote from Albert Einstein. But this is true, that's what I explained in my first post. There must be humans using Bitcoin. And we all know what will happen when Nuclear war starts. But don't expect that, something should be good for humans.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: DannyHamilton on October 20, 2022, 08:54:46 PM
We will need a lot of cash or fiat in case of nuclear war.

No.

Cash and fiat will be useless after a society-ending war. The only things that will have value will be the things that keep you alive:
  • Food
  • Fresh water
  • Medicine
  • Shelter
  • Bullets and other weapons

If you can't eat it, drink it, or use it to protect yourself from weather, disease, and hostile people or animals, then it's pretty useless.

  • Gold? Largely valueless and useless.
  • Diamonds? Largely valueless and useless.
  • Coins? Largely valueless and useless.
  • Paper/linen/plastic cash? Largely valueless and useless.
  • Credit cards and debit cards? Largely valueless and useless.
  • Bank accounts? Largely valueless and useless.
  • Stocks and bonds? Largely valueless and useless.



Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: White pawn on October 20, 2022, 09:06:50 PM
Bitcoin would probably not survive a nuclear war as we humans are not even sure of our existence after a nuclear war. A nuclear war is so destructive and if humans barely cling onto life, how could bitcoin survive?
In the event of a nuclear war, everything would be destabilized including the internet. With everything down, bitcoin would probably not be the first thing I would think of.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: VanillaH on October 20, 2022, 09:38:00 PM
I'm not even sure "cash" will survive. People will be hoarding more concrete stuff like food, shelter and ammo.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Vaskiy on October 20, 2022, 09:39:29 PM
When the survival of human beings is question mark, how will be the survival of bitcoin. The man made marvels too will fade away. Lets be positive, we hadn't got any need for a war when people are with expections of having peace all around. Every country know well about the power of nuclear weapons, so they won't get into nuclear wars.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: posi on October 20, 2022, 09:41:43 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

Nuclear war means the destruction of the earth, which means that everything will be completely destroyed. If that happens, we have more to worry about than the existence of bitcoin, like the famous Einstein quote that Hamza2424 repeated to us. The war between russia and ukraine is getting fiercer and more widespread but I hope they know what they are doing, especially Russia if they think of using small nuclear weapons to respond to Ukraine then this will also be the starting point of real nuclear war.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Baofeng on October 20, 2022, 09:51:40 PM
Basic things are needed in order for us to survived, food, shelter and water. Even money will be useless in a nuclear war, how can you spend your money when there is nothing to buy and people are starving and fighting for food? We are talking here about the full destruction or the effects of a nuclear weapons to the whole world. But if the other half can survived, then maybe bitcoin will still continue to flourish and as long as there are people who can mine.



Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: GreatArkansas on October 20, 2022, 09:57:04 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
Nuclear war means the destruction of the earth, which means that everything will be completely destroyed. If that happens, we have more to worry about than the existence of bitcoin, like the famous Einstein quote that Hamza2424 repeated to us.
(.....)
For me, this is impossible to happen right now even in the future. But if just incase it will happen in the future, I believe we are all dead by that time, or there is a new generation of people who will experience that and I don't hope it will happen.
Speaking of Bitcoin, for sure Bitcoin that time is already in high market cap and trading volume, trading stable or sideways without any huge dump or pump in just short period of time and for sure there are lot of ways to store your Bitcoin in the future which became safe even there's a nuclear war.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: decodx on October 20, 2022, 10:24:33 PM
The hypothetical question of whether Bitcoin could survive a nuclear attack is really impossible to answer. Both sides of the argument have merit, but it's impossible to know how an extensive nuclear war would affect our society, let alone the technology behind Bitcoin. For example, would it be a limited strike or full-scale? How many nukes are we talking about here? Would it be targeted at financial hubs like New York City or London, or spread out across the globe? Would banks and other financial institutions survive? What would the world economy look like?

Ultimately, the answer is that it's impossible to know. Even if the internet survived a nuclear war, which is very unlikely, there is no way of knowing how much damage would be done to our society and infrastructure.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Mr.right85 on October 20, 2022, 10:49:04 PM
I think Nuclear war is the hight of it. I wasn't around in the Times of the world war but, I know of a local war that almost divided my country, we didn't have much technology then as we do now but, we had transitor radios, a few walkie talkie and early generations phones and it was the most , most forks needed to keep up with the news. Life was hard as it is with wars and I don't think, anyone in his right mind even if a part of the world's population would be running nodes or mining during those times.
Surviving is the first thing given the nature of the weapon at play and just being out operating a mine and having troubles with hit amongst others is what non would be readybto handle. Bitcoin's survival would depend largely on the survival of humans first but still would crash and come back up.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Stalker22 on October 20, 2022, 11:21:48 PM
What do you think about it?

That is impossible to say. Most likely, no one would even be around to watch it unravel. That said, if somehow mankind survives long enough for the world to begin to rebuild, Bitcoin may still exist as a relic from the pre-apocalypse era.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: 8rch7 on October 20, 2022, 11:48:51 PM
If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 
If nuclear war really happened, of course the most important thing that crossed our minds is how we can save ourselves and our families, because the most valuable thing is our own lives, and we only think about how we can fill our stomachs and what is certain is that we want cash to buy our needs for our needs during the war, in my personal opinion bitcoin will not survive if a nuclear war occurs, because it is certain that the internet will die, electricity will also die, if the internet is dead we will certainly never can access bitcoin again.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Bazzu on October 21, 2022, 12:06:38 AM
in my opinion bitcoin will not survive a nuclear war, because surely people will sell their bitcoins for daily needs. because of course what is needed is money. and of course the price of bitcoin will also go down, but of course people will have different views on this.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: stompix on October 21, 2022, 12:29:59 AM
Stability cant be achieved in a nuclear war always remember not only BTC but also our all the technology, development, progress, and evolution cant stand against nuclear war as much I know remember the famous words, I don't know Which type of weapons are going to be used in WW3 but in WW4 there will be Axes and Hammer of stones.

I was sure somebody was going to quote that, but that's just not going to happen.

Assuming enough population survives after this to start a new war, do you think people will suddenly forget how to craft weapons? Even if a nuclear bombardment happens in every city on this planet there will still be enough scraps, and enough raw materials for everything to start just in a few years as it was before, it's not like we will be reduced to monkeys! There are thousands of pipe guns right now in the world, guns that look like coming from a zombie game, that can be crafted from scrapyard parts but they are still lethal.

Just think, if a nuclear war happens will thousands of people forget how to melt iron, how to get coal, or how to build an engine? No!

As for Bitcoin, it's all a matter of the scale of what that war will be, and more important what surviving means.
A copy of the blockchain will survive, a few computers or hopefully a few ASICs to keep mining also, let's ignore the difficulty adjustment and others, but would that mean people will still find a use for it? Cause things like sending money in minutes on the other side of the globe from which a few nukes just came might not be a priority anymore.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: crwth on October 21, 2022, 12:36:04 AM
It is hard to imagine what life would be like after that event because a lot of things could arise from it, and the specialized area would probably be very different if everyone in the world were affected. As long as there is a way to recover information that we have already been doing now in this era, we could re-create it, so we need people who understand and possibly someone who would learn to do it, then we can re-create and relive it.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Darker45 on October 21, 2022, 01:40:24 AM
I guess so. Bitcoin isn't tangible so it won't be blown into dust when nuclear bombs pulverize everything. They all remain in the blockchain. A copy could survive, which could later on be used to revive the network.

If the human race will survive a nuclear war, then people would begin to restore things right after. That includes the internet. But it might come at a much later point. First things first. I think human civilization would have a long time rebuilding itself. That depends on the scale of the war, though. But with human beings having the tendency to annihilate the world with their craziness, it could really be worse.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: dansus021 on October 21, 2022, 01:40:45 AM

If half of our planet get destroyed it means the other half will need to have steady energy source to power mining process and it will also mean the human who are survivors on the half planet must serve as  nodes for the network to function.  Once there is an explosion people will panic and saving a server might be the last thought that will come to peoples minds. If Bitcoin must survive a Nuclear war it relies on so many factors and the basics will be energy (power source) and the web

As for Bitcoin living on i won't doubt that but while it still lives it will get slower for transactions to get verified, cost of mining will multiply drastically, many nodes might forcefully shot down due to the attack and many will lose access to their wallet as explosion will destroy lots of valuables and documents. A big chance for the internet to shutdown completely

well this a good answer, as long the internet live the crypto will live  8) but serious guys if this war not end soon we all gonna be rekt

i hope the nuclear war doesn't exist


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Nwada001 on October 21, 2022, 02:00:04 AM
and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
Your opinion is correct, for any crypto transaction to be successful we need the internet.
Unless there will be no survival after the nuclear war, in that way we can say BTC dies together with all of humanity. providing there are survivals there will definitely be a need for the usage of electricity, internet, etc. which makes human life easier and more comfortable then BTC will survive, and there might be a pulse on transactions because of the war shock and the machines which will be destroyed, but as times go on, everything even before the public in fractures and basic amenities can be put to place, BTC transactions will be back to life.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Wexnident on October 21, 2022, 02:56:26 AM
Mostly useful resources would survive and be required if a nuclear war happens. Yes technically Bitcoin would survive as long as one part of the internet survives, but it wouldn't really be usable, just like fiat. Methods of payment or transactions would probably move from such stuff to instead as I said, resources that can be used immediately. There wouldn't be any rules to transactions by then after all other than the most basic rule of all transactions, a trade of what you want to what we want kind of thing, and I hardly doubt Bitcoin, or any other similar type of asset like fiat, stocks, bonds or whatever could count as one by then.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: wxa7115 on October 21, 2022, 03:40:37 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
The Internet was designed with the idea of surviving a nuclear war, but bitcoin needs more than the Internet in order to survive so this is something difficult to know.

However a more important question is if human civilization could survive a nuclear war? Or even if humans as a species could survive a nuclear war? As not only people will have to survive the nuclear blasts but then they will have to deal with radiation, cold and lack of food, energy and medicines, which is an environment very few of us could endure.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: samuraijin on October 21, 2022, 03:55:52 AM
Bitcoin will probably be useless at that time, and plus the solar system in outer space will be much more dangerous when it comes down to earth, because of the impact of the nuclear bomb that we know is a mass killer that the whole world fears.

We just think that if what is attacked is the center of energy that is needed by everyone, of course it makes us return to the cruelty of Batu, relying on everything for life's needs, even though farming, of course the gas that will be inhaled when the nuclear war is over will become a dangerous gas for the environment around us.

I really hope it will never happen, even though it could happen at any time, but at least we can give our voice to ban or condemn the big countries to do it...


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: lovesmayfamilis on October 21, 2022, 07:13:26 AM
If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 

What kind of cash can we talk about, and even more so about bitcoin? If one side uses nuclear weapons, does anyone doubt that the other side will fall behind it? There will be powerful explosions in different places on the earth, can anyone survive? Even if those who are strong in health suddenly remain, they will die a long and painful death, and certainly, there will be no talk of any bitcoins. Just read the consequences of a nuclear explosion in Japan, who thinks it will be better?


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: bitzizzix on October 21, 2022, 07:48:37 AM
Nuclear war is very scary, and bitcoin is bound to be destroyed and will also experience serious deflation as the devices holding bitcoins will be damaged or destroyed. And most likely the person holding the public key died from being hit by a nuclear bomb and there is no way to access their bitcoin wallet, because the situation is very chaotic, corrupted and also hampered in every way.
and when cities experience ballistic and cruise missile attacks, power grids and cellular networks will begin to die en masse, either due to destruction or for security reasons. Most people won't even be able to connect to the internet properly, most bitcoins are unusable and anything that can't be used has no value.
and gold, non-perishable and durable medicine and food which I think will outperform all other assets.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Ayers on October 21, 2022, 08:02:55 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
The Internet was designed with the idea of surviving a nuclear war, but bitcoin needs more than the Internet in order to survive so this is something difficult to know.

However a more important question is if human civilization could survive a nuclear war? Or even if humans as a species could survive a nuclear war? As not only people will have to survive the nuclear blasts but then they will have to deal with radiation, cold and lack of food, energy and medicines, which is an environment very few of us could endure.

exactly, let us wonder if we can exist when the nuclear war occurs, do not rush to care about bitcoin or other assets. bitcoin only appears in the world 13 years and before there is no bitcoin, we still have a normal life but if the world is ruined by the nuclear war, we will no longer exist. i have never dared to think about the nuclear war script that will broke out because it is an end to the modern world today, it takes people for centuries to build


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Rruchi man on October 21, 2022, 08:21:20 AM
Bitcoin itself will survive a nuclear war, but it may become inaccessible, there will be a lot of destruction to properties and facilities (the internet services that was mentioned) at that point, and use cases of bitcoin may reduce due to the distabilation in the normal order of things, but soon after , if there are any survivors left, and the internet is restored, there is the possibility that those bitcoins that were inaccessible will become accessible.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Antonas1 on October 21, 2022, 01:07:11 PM
~ As for Bitcoin living on i won't doubt that but while it still lives it will get slower for transactions to get verified, cost of mining will multiply drastically, many nodes might forcefully shot down due to the attack and many will lose access to their wallet as explosion will destroy lots of valuables and documents. A big chance for the internet to shutdown completely
Agreed. World war means there is no peace in every part of the world. Even though the internet still survives, many people will lose wallet data, private keys, and others due to war. Who would think to save data and other things when life is more important?

~ and use cases of bitcoin may reduce due to the distabilation in the normal order of things, but soon after , if there are any survivors left, and the internet is restored, there is the possibility that those bitcoins that were inaccessible will become accessible.
Even though bitcoin survives and the internet exists (maybe in some areas), I'm sure no one will use Bitcoin.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Ucy on October 21, 2022, 01:45:47 PM
It's designed to mimic life itself which will continue to replicate even if much of the living things are dead. If much of the nodes get blown up, the remaining will replicate gradually unless there is zero change of life surviving on Earth.
So, even if you have one or few nodes remaining and earth is still capable of sustaining life, Bitcoin will continue to exist as long as there is need for it. If knowledge and skills to create technology no longer exists, there will probably be no need for Bitcoin


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: KaliLinux on October 21, 2022, 01:50:37 PM
If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 
Agreed. I don't really understand why the only focus was just on Bitcoin when we will be having a total world collapse. In a time of nuclear war, Bitcoin wouldn't be the first thing that will come to your mind when half or more of the population of the world would have died. We have seen what the effect of the Russian/Ukraine war is even doing on some aspects of the Worlds Economy. However, I do also agree that accessing the network even by the world's survival might be limited due to the level of physical equipment destruction, it will take decades again, and probably more than half the Bitcoin mined would be lost too.  


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: decodx on October 21, 2022, 01:55:09 PM
Why not? Bitcoin is digital not physical. Bitcoin will survive the worst 💯

As Bitcoin is decentralized it makes sense to believe that it could survive a nuclear war. However, there are no guarantees and the disruptions caused by a nuclear war could be enough to cause a major disruption in the internet. This means that, in theory, Bitcoin could survive a nuclear war but it would be unlikely to function properly. This is because Bitcoin relies on the internet to operate and if this is disrupted then there is no way for transactions to be verified by miners.

Even if the internet survived, it’s likely that there would be a huge amount of damage to infrastructure such as power stations. This would mean that electricity to run computers would be limited and could cause major disruption for mining operations. It is also possible that the environment may become so radioactive that it is uninhabitable for centuries. As a result of all this, it is hard to say what would happen to Bitcoin in the event of a nuclear war.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: GxSTxV on October 21, 2022, 01:55:30 PM
Well that depends on how big that nuclear war is going to be, if it didn’t stop world internet then bitcoin maybe can survive too so here will be people dealing with it and the price will be good. But if the internet was cut of course you can’t even find how to use it. We all understand how the price works, as long as there is people dealing with bitcoin it will always survive. Let’s just wish to see any nuclear war at all


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Obito on October 21, 2022, 03:01:13 PM
Well that depends on how big that nuclear war is going to be, if it didn’t stop world internet then bitcoin maybe can survive too so here will be people dealing with it and the price will be good. But if the internet was cut of course you can’t even find how to use it. We all understand how the price works, as long as there is people dealing with bitcoin it will always survive. Let’s just wish to see any nuclear war at all
It's not a matter of scale, even a small nuclear war from two smallest nuclear armed countries which is Pakistan and India, it would be enough to affect the whole world through radioactive fallout and extreme climate changes, I think that would be enough damage to our infrastructures, if by some miracle that we are still alive and we can maintain the Internet and the devices that store bitcoin then probably the answer to the question is that bitcoin would survive but in that scenario, bitcoin's probably the least of our worries as we are struggling to find survive the aftermath of a nuclear war.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: iamsange on October 21, 2022, 03:12:21 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
You are a normal human being and it is natural that you cannot see any future for anything. Bitcoin and the Internet are two different things that are closely related because Bitcoin requires the Internet to be accessible to everyone around the world. So what I want to ask is, what things have you found when you read the article? Because I just want to hear your opinion after reading all that is written in the article now.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: kryptqnick on October 21, 2022, 03:34:55 PM
I didn't think a nuclear war was realistic just a couple of years ago, but now it does seem realistic to me, so it's somewhat relevant to wonder whether Bitcoin would survive. While some servers might survive, I think the big question is whether the Internet will. If it collapses, and at least in post-apocalyptic fiction it usually does, then while technically this might not bring the end of Bitcoin, it will be the end practically because people won't really be able to use it, miners won't bother mining and verifying transactions, etc. I agree with the doctoral candidate from the article that Bitcoin won't be of use, and neither will stocks, banknotes etc. I agree about what would be used as currencies as well.
But I don't think we should be too concerned about what happens to Bitcoin in case of a nuclear war precisely because there will be much more pressing concerns like how not to die.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: decodx on October 22, 2022, 12:44:52 PM
But I don't think we should be too concerned about what happens to Bitcoin in case of a nuclear war precisely because there will be much more pressing concerns like how not to die.

I agree with this. It's not that I don't care about Bitcoin, it's just that there will be more immediate concerns to worry about. I think we can all agree that if there is a nuclear war, the immediate concern will be survival. If you can't survive, then Bitcoin doesn't matter. I think we can also agree that after survival comes sheltering in place and food and water supplies. Then comes the need for communication, which is a problem because we can assume that there will be no power or internet in the immediate aftermath of a nuclear war.  We also need to consider what would happen if the world's financial institutions collapsed as a result of a global catastrophe. At this point, it will be necessary to start working on getting these things back up and running again.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: yohananaomi on October 22, 2022, 02:42:25 PM
Well that depends on how big that nuclear war is going to be, if it didn’t stop world internet then bitcoin maybe can survive too so here will be people dealing with it and the price will be good. But if the internet was cut of course you can’t even find how to use it. We all understand how the price works, as long as there is people dealing with bitcoin it will always survive. Let’s just wish to see any nuclear war at all
so if there will be a nuclear war but it will not affect the internet network as you said, my friend, obviously I agree that transactions on bitcoin will run as usual and will be safe.
it looks like it's not just a nuclear war, but all wars that result in uninterrupted networks connected to the internet, so you can be sure everything is safe. but if on the contrary if the internet network is disrupted then transactions with bitcoin cannot run as desired. Internet network and bitcoin always have to go hand in hand and need each other.
hopefully all wars will not happen and the world can be peaceful and the journey with bitcoin can go well.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: dimonstration on October 22, 2022, 02:52:37 PM
Believe you will not gonna think about Bitcoin, Crypto or money when nuclear war started. You probably busy looking for a safe place to shelter in able to avoid radiation and this is same with all the crypto miners because you can’t enjoy your money if you are dead and probably the majority of the world is already destroyed due to radiation if this war ignite. I will never dream for that to happened or even think of it just to have a discussion about Bitcoin future.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: coolcoinz on October 22, 2022, 06:17:57 PM
Bitcoin itself will survive a nuclear war, but it may become inaccessible, there will be a lot of destruction to properties and facilities (the internet services that was mentioned) at that point, and use cases of bitcoin may reduce due to the distabilation in the normal order of things, but soon after , if there are any survivors left, and the internet is restored, there is the possibility that those bitcoins that were inaccessible will become accessible.

You're assuming the worst which is a war that destroys everything, the whole infrastructure. The truth is in case of a nuclear war nobody would target countries that don't pose a threat.
Nobody would attack Australia because it's a remote land with no nuclear weapons. Even if a country that owns such weapons decided to take over Australia it would use conventional weapons to do so, knowing that irradiated land isn't fit for anything but dumping trash.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Anonylz on October 22, 2022, 06:24:25 PM


No.

Cash and fiat will be useless after a society-ending war. The only things that will have value will be the things that keep you alive:
  • Food
  • Fresh water
  • Medicine
  • Shelter
  • Bullets and other weapons

If you can't eat it, drink it, or use it to protect yourself from weather, disease, and hostile people or animals, then it's pretty useless.

First of all I hope the world don't have to experience any nuclear war.
Now assuming there is a nuclear war, and this things you mentioned are in high demand, definitely not every war affected areas will have these life saving things, so in other for those who are in shortage of then to have access they may have to buy it or exchange for something else, hence fiat will be quite useful in this scenario.
For you to have weapons, food, medicines, clean water and other important stuff to sustain lives through that difficult period, you will have to either buy them or get them somehow and am pretty sure you will need fiat.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Daltonik on October 23, 2022, 05:21:22 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

If a global nuclear war occurs, then there will be problems that will have to be solved first of all for the preservation and maintenance of vital activity so as not to be thrown back a century and it seems that the restoration of the blockchain will not be a priority. mining and especially cryptocurrency exchanges.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: mindrust on October 23, 2022, 05:29:18 AM
It may but bitcoin would be the last thing you would worry about during a nuclear war. Even if it survives the Armageddon, I can guarantee you that the crypto prices won't look pretty which basically the whole point for most people. If you can call that surviving, yes it will survive just like how crypto survived mt.Gox before. A nuclear war will probably be much worse than the mt.Gox incident though keep that in mind. You should buy a bunker, dry food, water and other shit which people would consume during a nuclear war instead of thinking about crypto.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Davidvictorson on October 23, 2022, 06:51:54 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
Here is a simple descriptive answer to the OP's question from this source (https://www.dhs.gov/sites/default/files/publications/prep_nuclear_fact_sheet.pdf) - A nuclear attack could cause substantial fatalities, injuries, and infrastructure damage from the heat and blast of the explosion, and significant radiological consequences from both the initial nuclear radiation and the radioactive fallout that settles after the initial event. An electromagnetic pulse from the explosion could also disrupt telecommunications and power distribution. The energy released by a nuclear explosion is distributed roughly as 50% shockwave; 35% heat; 5% initial nuclear radiation; and 10% fallout radiation. This distribution varies depending on the design of the weapon and the altitude of the explosion. In short, nothing would survive.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: fiulpro on October 23, 2022, 07:03:33 AM
Would you survive nuclear war ?
- In the starting yes, if you live far enough to not get caught up in the radius of the radiation and follow the protocols.
Would the world survive nuclear war?
- No !
You must understand that the climate change that we all talk about won't just be climate change then the earth would collapse, countries will be wiped off, nothing will survive, no internet, no wifi, nothing, when we talk about bitcoins it's definitely not going to jump in and somehow help people with everything.
It will work, for people not in the radius, for people not going through the worse of it, but not 🚫 like how it did in the covid 19


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Bazzu on October 23, 2022, 07:54:36 AM
If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 

I think so too, so if there is a nuclear war, surely everyone will prioritize their daily needs first, and if people have bitcoins they will certainly sell them, if there is a nuclear war. and I think I would do the same in the event of a nuclear war.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: m2017 on October 23, 2022, 08:40:42 AM
If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 
Robots will monitor the health of the btcoin-network. :)

It seems to me that "a lot of cash or fiat" will not help in the event of a nuclear war, and it is necessary to stock up on canned food and medicines. That's what will be truly appreciated in those conditions. Any currencies will turn into useless candy wrappers, including crypto currencies and bitcoin.

But let's not talk about sad things and hope that we will see the conditions of a post-nuclear war only in films and science fiction stories. In real conditions, it will not be as "colorful and exciting", as Hollywood shows, and as already mentioned above, bitcoin is far from the first thing people will think about in those conditions.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Leviathan.007 on October 23, 2022, 08:43:57 AM
Even if we imagine a nuclear happening all over the world people will still need to have some currency to do their trades and deals and if you imagine this situation you can understand that many people will need to save their money from the infraction rate which can happen because of the war and this investment option can be bitcoin for them because of being decentralized that's why I think bitcoin will easily survive a nuclear war and this war will even make more demand in bitcoin market.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: DanWalker on October 23, 2022, 09:03:29 AM
Bitcoin itself will survive a nuclear war, but it may become inaccessible, there will be a lot of destruction to properties and facilities (the internet services that was mentioned) at that point, and use cases of bitcoin may reduce due to the distabilation in the normal order of things, but soon after , if there are any survivors left, and the internet is restored, there is the possibility that those bitcoins that were inaccessible will become accessible.

You're assuming the worst which is a war that destroys everything, the whole infrastructure. The truth is in case of a nuclear war nobody would target countries that don't pose a threat.
Nobody would attack Australia because it's a remote land with no nuclear weapons. Even if a country that owns such weapons decided to take over Australia it would use conventional weapons to do so, knowing that irradiated land isn't fit for anything but dumping trash.

I think once nuclear war breaks out, it will be World War 3, no country can stay out of the war because nowadays most countries have their allies, once your ally is attacked, the rest cannot sit still so it will activate worldwide. When the world war happens, I think bitcoin is no longer a matter of concern, we will have many things to take care of food, medicine and most importantly, our lives. If we are no longer alive, the existence of bitcoin will become meaningless.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Antonas1 on October 23, 2022, 09:31:48 AM
~
~ so in other for those who are in shortage of then to have access they may have to buy it or exchange for something else, hence fiat will be quite useful in this scenario.
For you to have weapons, food, medicines, clean water and other important stuff to sustain lives through that difficult period, you will have to either buy them or get them somehow and am pretty sure you will need fiat.
No, even a Fiat would be useless. Let's imagine all the countries in the world are involved in this war, and everyone is not working. The economy doesn't work, then everyone has no money. So the transactions that are possible are barter, such as weapons for food, blankets with foods, and foods can be exchanged for shelter.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: buwaytress on October 23, 2022, 09:35:07 AM
As others like Danny point out, it's pointless to argue about the value of something after structured society ends. If you can't use it to keep yourself alive and healthy and secure, it's the last thing on your list of priorities.

And we don't even really need to look for fantastical scenarios. In times of personal economic distress, would you be hoarding gold or buying up BTC? Even if at super bargain prices, you'll be paying through the nose for food to feed hungry kids, roof over heads, energy credits to keep warm, etc. You'll be selling whatever cash/fiat/crypto you've got to stay alive.

That's what most people still don't understand or will ever get when talking about "bargain BTC" and predicting how retail buyers will snap things up.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Flexystar on October 23, 2022, 10:10:37 AM
Dude, you talking about NUCLEAR war! That would be the time when you and me will have to find the shelter underground somewhere on the horizon to save our own asses man! Who would think about bitcoin and even dollar bill when people will be killing each other for food, water which is not radioactive.

Our own lives will be more important than the bitcoin or blockchain. There will be nothing available in the nuclear war. The only thing that will keep us going on is survival instinct. That’s all.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Taskford on October 23, 2022, 11:35:09 AM


No.

Cash and fiat will be useless after a society-ending war. The only things that will have value will be the things that keep you alive:
  • Food
  • Fresh water
  • Medicine
  • Shelter
  • Bullets and other weapons

If you can't eat it, drink it, or use it to protect yourself from weather, disease, and hostile people or animals, then it's pretty useless.

First of all I hope the world don't have to experience any nuclear war.
Now assuming there is a nuclear war, and this things you mentioned are in high demand, definitely not every war affected areas will have these life saving things, so in other for those who are in shortage of then to have access they may have to buy it or exchange for something else, hence fiat will be quite useful in this scenario.
For you to have weapons, food, medicines, clean water and other important stuff to sustain lives through that difficult period, you will have to either buy them or get them somehow and am pretty sure you will need fiat.

For sure the internet connection will be much affected and most provably all bitcoin users on affected area will start cashing out their hidden assets since they will prepare for something worse to come. But eventhough that case happens still I believe bitcoin will still survive since its just there it will never fade. Maybe for a while majority of people will focus to buy first the basic needs but once all get back to normal people will go back to what things they left then comeback to their investments and other personal matters.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: lovesmayfamilis on October 23, 2022, 11:36:54 AM

It's not a matter of scale, even a small nuclear war from two smallest nuclear armed countries which is Pakistan and India, it would be enough to affect the whole world through radioactive fallout and extreme climate changes, I think that would be enough damage to our infrastructures, if by some miracle that we are still alive and we can maintain the Internet and the devices that store bitcoin then probably the answer to the question is that bitcoin would survive but in that scenario, bitcoin's probably the least of our worries as we are struggling to find survive the aftermath of a nuclear war.

Thanks for one of the few literate answers. Everything that is written here about the need for fiat money during a nuclear war, and so on, only speaks of how far people are and really do not understand the danger facing our world and lack of education. What the hell bitcoins, if there is a nuclear explosion, billions will die. But I see on the news that in the event of a nuclear attack, people are offered to stay at home, take off their outerwear if they come from the street, watch the news, and so on. And yes, they are still handing out iodine tablets. God, what nonsense.
It is very sad that the world is becoming illiterate, and people do not read history at all.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: romero121 on October 23, 2022, 03:28:49 PM
Effects of nuclear war.

  • Single nuclear bomb over a city could kill millions of people.
  • Nuclear bomb will be causing climatic changes and the same doesn't allow human survival.
  • Nuclear weapons can't be limited to specific locations. It affects beyond the target.
  • Health hazards happens and the same won't be treated by the physicians.
  • Radiation out of the nuclear weapons will be causing sickness and are uncontrollable.

This is the after effects the world experienced out of nuclear bombing. In such situation would bitcoin have survived. It survives, but there will be more things that are being prioritised in such situation.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: _BlackStar on October 23, 2022, 03:39:20 PM
Thanks for one of the few literate answers. Everything that is written here about the need for fiat money during a nuclear war, and so on, only speaks of how far people are and really do not understand the danger facing our world and lack of education. What the hell bitcoins, if there is a nuclear explosion, billions will die. But I see on the news that in the event of a nuclear attack, people are offered to stay at home, take off their outerwear if they come from the street, watch the news, and so on. And yes, they are still handing out iodine tablets. God, what nonsense.
A lot of people are very money oriented and they really want to know things like nuclear war won't have as big an impact on currencies like bitcoin. I dunno, I don't know if they are educated or not, and I guess people still want to know how things like this can be handled by bitcoin. However it becomes abnormal if they do not prioritize what is more important than bitcoin and that is themselves.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: NeuroticFish on October 23, 2022, 04:03:14 PM
Thanks for one of the few literate answers. Everything that is written here about the need for fiat money during a nuclear war, and so on, only speaks of how far people are and really do not understand the danger facing our world and lack of education. What the hell bitcoins, if there is a nuclear explosion, billions will die.

Well, the fact people still go for so many shitcoins and ponzi sites shows the (low) level of education already. We don't have to go for higher topics, like the effects of nuclear bombs.
But I think that Obito's answer is incorrect. The size, type, quantity, technology .. all that would matter. Keep in mind that there were the bombs at the end of WW2, there were many tests, there was the accident of Chernobyl and although I don't deny that there were a lot of loses that should have been easily avoided if humans would have been smarter, the humanity has survived.
Of course that in the calamity zone we cannot discuss about bitcoin. There would be no infrastructure, but more important (and sadly), no living humans to use that.
So it's good to see what people understand by nuclear war. 1-2 nukes or all hell breaking loose. Of course, in the second scenario there may remain no advanced creature left on Earth.

But I see on the news that in the event of a nuclear attack, people are offered to stay at home, take off their outerwear if they come from the street, watch the news, and so on.

Well, since they cannot outrun the first wave of radiation, panicking wouldn't do much good, isn't it?
Of course, those smart enough and lucky enough to be far enough from the blast should move farther. This would be the survival of the smarter and more fit (a combination opposed to "the fittest" Darwin teaches).

And yes, they are still handing out iodine tablets. God, what nonsense.

Many don't even understand that after a certain age those tablets may do more bad than good.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Adbitco on October 23, 2022, 04:13:01 PM
How do you mean bitcoin can't survive nuclear war, have you ever thought of human lives. Yes its true but if a man ( we human) can survive in any hard condition then there will be bitcoin, all we need is internet access and if there non then I don't think you can initiate any transaction without internet, and if there is war meaning there will be no internet access then bitcoin can be affected only without internet or if phone is stolen, or hardware is being misplaced probably the building being destroyed can get bitcoin holders affected.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: yhiaali3 on October 23, 2022, 04:18:25 PM
Of course, if a nuclear war broke out, there would be two possibilities:
The first possibility: the destruction of the entire globe, and in this case there will be no Internet, no Bitcoin, no energy sources, not even humans or any form of human civilization.
The second possibility: destroying one hemisphere or large parts of it, in this case other parts remain that have the power and the internet and therefore bitcoin mining can continue and network transactions confirm even if there are very few miners still working, when the number of miners is low " Mining difficulty” drops dramatically and so the few will be enough to mine the rest of the bitcoin and audit network transactions.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Eternad on October 23, 2022, 04:32:31 PM
Dude, you talking about NUCLEAR war! That would be the time when you and me will have to find the shelter underground somewhere on the horizon to save our own asses man! Who would think about bitcoin and even dollar bill when people will be killing each other for food, water which is not radioactive.

Our own lives will be more important than the bitcoin or blockchain. There will be nothing available in the nuclear war. The only thing that will keep us going on is survival instinct. That’s all.
It will be hard to survive in a nuclear war, it will affect the world not just 1 country once it is release and I doubt if that happen people will mind their investment. We will mind ofcourse ourselves and our family safety. The war alone is already hearth breaking and affects many countries economy and safety. What more if Nuclear been used, hopefully it will never happen and peace will be find as much as possible.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: serjent05 on October 23, 2022, 11:22:17 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

I also think Bitcoin will survive a Nuclear War.  If we look at the system or the structure of Bitcoin, miners are scattered around the world.  The same goes for its nodes.  As long as the whole world is not devastated by nuclear weapons, Bitcoin will survive as long as there is 1 miner up and 1 node up.  If ever the internet shut down during the war, I think it will be one of the priorities to reestablish it since communication is very important. A temporary halt of the Bitcoin network doesn't mean it will perish and I do not think Bitcoin enthusiasts will be wiped out during that nuclear war.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: PX-Z on October 23, 2022, 11:30:03 PM
A temporary halt of the Bitcoin network doesn't mean it will perish and I do not think Bitcoin enthusiasts will be wiped out during that nuclear war.
This probably will be the case for bitcoin and every altcoin if ever a nuclear war happens. Including of shutting down internet from affected countries, food will be scarce as every daily needs will price hike, also new virus/sickness will grow due from different reasons when there are lots of dead bodies. But this will only happen most probably on the country where the battlefield is.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Gayong88 on October 24, 2022, 05:37:06 AM
Nuclear war can be a very real threat, especially in all kinds of near-planetary clusters. But unlike nuclear weapons, actualization of virtual currencies is actually a possibility. Obviously the time to go offline is upon us.

The world of digital money may seem like a different case, but it all starts with a little insight into how these innovations have helped the development of civilization. You may be surprised to see that many aspects of our daily lives are directly related to money and gold.

I can only hope that inspiration drives more people to use cryptocurrencies and that progress continues to become more ingrained in our society.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: danherbias07 on October 24, 2022, 06:02:18 AM
I am not sure if I will still be thinking about the progress, usage, or market of Bitcoin if ever a nuclear war comes.
Maybe I will just tremble in fear and die from a heart attack then I won't be able to think about it anymore.
But just for the "if" yes it might.
As for our asset, as long as the seed phrase, private key, or JSON file is intact then you could still open it if there will be an application available at that time. We will just wait for the internet to be available again for online transactions.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Kakmakr on October 24, 2022, 06:03:34 AM
Let's be honest... the last thing people will worry about, when they are devastated by a Nuclear War... will be "money" ... Just think about it, most buildings in large cities will be destroyed... radiation will be killing millions of people, because direct exposure and indirect exposure from contaminated food and water will be killing them slowly.

I think people will go into survival mode and they will be searching for clean food and water.... and long after that, communication and Internet systems will be restored and Bitcoin and other financial systems will follow after that.  ;)



Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: worle1bm on October 24, 2022, 08:00:48 AM
I don't see why we connect bitcoin with these war like situations and make comparisons on these basis? If the population gets vanished the bitcoin would still be there in wallets but if someone doesn't live to access it then there's no fun of such things.The coming blocks would not to mined in the absence of miners and coins in circulation will be same but at the last the same thing comes up that you need to access and make transactions for some real life working otherwise it would be automatically dead.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Blawpaw on October 24, 2022, 05:47:44 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

If a world war starts and one of those old farts remembers to use nukes, it will not be only Bitcoin that will be disappearing. It will be the end of the world as we know it. Bitcoin would be the least of your concerns in the that scenario...


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: gurbar_nakub on October 24, 2022, 06:18:25 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
This article explains how bitcoin can be used without internet https://cryptomode.com/4-ways-to-use-the-bitcoin-network-without-an-internet-connection/


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: rby on October 25, 2022, 05:09:26 PM
Nuclear war is a nightmare that we should pray not to have. It is not something to think about. I keep wondering why Nations will have nuclear equipment that they will not use. You have equipment for massive destruction and there is a law that says that such weapon cannot be used anytime. what is the essence of having the weapon?
We should only pray that nuclear war should not happen because if it does I am not sure that humanity will survive. It is the human that use bitcoin so if there are no humans how will bitcoin survive?


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: CryptoHeadlineNews on October 25, 2022, 05:54:54 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
On the contrary, nobody prays for war and a nuclear war will be the worst kind of war anybody can ever think of, because this statement can be arguable base I two different point of view. (I.e If is a global nuclear war, then No Bitcoin can not survive it but if is a nuclear war affected by a single nation, then Yes bitcoin can survive it.) Because first,  Bitcoin is a digital currency that exist with the use of internet for it's sole operation unlike gold and fiat currencies that are physical and can be easily affected in case of fire outbreak and bomb blast without a recovery option unlike in the case of Bitcoin with the use of a recovery phrase. Because if a wallet containing Bitcoin happens to be destroy during a nuclear war, i am pretty sure such Bitcoin can still be recovered, in as much as that individual can still remember the 12 seed phrase words, unlike fiat that if it gets destroyed, it is gone for good.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Twentyonepaylots on October 25, 2022, 06:06:53 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

I agree with the content of the article, especially with the quotation “The only way to kill Bitcoin is to make it obsolete… like through nuclear war!”. We all know that if there is war like nuclear war, money is useless, no amount of money can save a life in the right place at the right time. Bitcoin and Crypto needed people for it to circulate, if people died and go extinct because of nuclear war the circulation of crypto will be cut off.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Abiky on October 26, 2022, 12:17:13 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

That's an excellent question. A full-scale nuclear war would disrupt the Bitcoin blockchain so badly, that only a small number of nodes and miners will remain online. By that time, people will be thinking on how to survive instead of hoarding currencies or investing in risky assets such as Bitcoin or Gold. Why would you care about Bitcoin when humanity would be at the risk of extinction?

I'd say a nuclear war would be inevitable due to rising geopolitical tensions all around the world. There are many countries with a huge nuclear arsenal at their disposal, ready to fire at will. When will that happen (WW3?) is an excellent question. I just hope the conflict between Ukraine and Russia comes to an end, otherwise things will only get worse in the long run. Who knows if there's a dark future ahead of us? Just my thoughts ;D


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: OsipBabin on November 16, 2022, 07:33:14 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
I believe that nuclear war is not an absolute factor to destroy Bitcoin. Of course, if such an extreme situation occurs, human beings will disappear. Bitcoin is for human beings, so its existence is meaningless. I am also very puzzled, why There are such doubts. If it is because the current market sentiment is depressed and you can't find the direction? Or because of a loss of confidence in Bitcoin. Don't stress too much. In the world of digital currencies, this is all normal.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: hZti on November 16, 2022, 07:38:56 AM
We will need a lot of cash or fiat in case of nuclear war.

No.

Cash and fiat will be useless after a society-ending war. The only things that will have value will be the things that keep you alive:
  • Food
  • Fresh water
  • Medicine
  • Shelter
  • Bullets and other weapons

If you can't eat it, drink it, or use it to protect yourself from weather, disease, and hostile people or animals, then it's pretty useless.

  • Gold? Largely valueless and useless.
  • Diamonds? Largely valueless and useless.
  • Coins? Largely valueless and useless.
  • Paper/linen/plastic cash? Largely valueless and useless.
  • Credit cards and debit cards? Largely valueless and useless.
  • Bank accounts? Largely valueless and useless.
  • Stocks and bonds? Largely valueless and useless.



I think many people will think that society will recover eventually, so diamonds etc will keep their value. Money will be replaced by new currency, so money will of course be worthless.
Same goes for bullets and guns. If there is really a war, the military will make these available everywhere for basically free.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: SUNNY F on November 16, 2022, 08:09:39 AM
First of all, there are two situations, one is whether a nuclear war destroys part of mankind or destroys all mankind. The birth of Bitcoin is based on a financial revolution when mankind has reached a certain stage of development. If only some people survive and finance is still developing, then Bitcoin still has the meaning of existence, but if there is no human being, then Bitcoin has no meaning of existence.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Thuy Anh on November 16, 2022, 08:37:05 AM
In the event of a nuclear war, many places would be razed to the ground. Survival was a big issue back then, and no one cared if the price of Bitcoin went up or down.
We had to think too much, and Bitcoin didn't seem so important at that time.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Hiveonm on November 16, 2022, 11:51:45 AM
Dude, you talking about NUCLEAR war! That would be the time when you and me will have to find the shelter underground somewhere on the horizon to save our own asses man! Who would think about bitcoin and even dollar bill when people will be killing each other for food, water which is not radioactive.

Our own lives will be more important than the bitcoin or blockchain. There will be nothing available in the nuclear war. The only thing that will keep us going on is survival instinct. That’s all.
It will be hard to survive in a nuclear war, it will affect the world not just 1 country once it is release and I doubt if that happen people will mind their investment. We will mind ofcourse ourselves and our family safety. The war alone is already hearth breaking and affects many countries economy and safety. What more if Nuclear been used, hopefully it will never happen and peace will be find as much as possible.
If a nuclear war really comes, what we should consider is whether we can still live? Will there still be a country at that time? Whether there will be human beings is a question, but I think at least there will be no nuclear war in the few decades we are alive Because although there is a war at present, it has not reached a very large-scale war, and human beings have not formally contacted alien civilizations, and cannot immigrate to other planets, so what is the benefit of launching a nuclear war now?


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: jokers10 on November 16, 2022, 03:27:41 PM
If a nuclear war really comes, what we should consider is whether we can still live? Will there still be a country at that time? Whether there will be human beings is a question, but I think at least there will be no nuclear war in the few decades we are alive Because although there is a war at present, it has not reached a very large-scale war, and human beings have not formally contacted alien civilizations, and cannot immigrate to other planets, so what is the benefit of launching a nuclear war now?

You may be will surprise but no wars are beneficial for humankind so there are some other reasons for them always, most are not really wise. If we talk about nuclear war it is totally mad, but we know there are mad people in society. So some insane things do unfortunately happen.

Bitcoin itself will survive as while at least one copy of its ledger exists Bitcoin exists. So main question is if a society will be advanced enough to have need and opportunity to use it and there might be many variations.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Abiky on November 18, 2022, 12:55:34 AM
You may be will surprise but no wars are beneficial for humankind so there are some other reasons for them always, most are not really wise. If we talk about nuclear war it is totally mad, but we know there are mad people in society. So some insane things do unfortunately happen.

Bitcoin itself will survive as while at least one copy of its ledger exists Bitcoin exists. So main question is if a society will be advanced enough to have need and opportunity to use it and there might be many variations.

Bitcoin will survive, but not many people will use it. In times of war, the first thing that comes into mind are life necessities such as food, water, and shelter. Money is out of the picture. You can bet a nuclear disaster would reduce the number of nodes on the BTC blockchain (effectively making it less secure against external attacks). I suppose we're close to seeing a full-scale nuclear war (WW3?), especially when Putin have been threating Ukraine to use nuclear weapons against it (although he has soften its stance lately).

It's a dangerous world we're living today, where anything can happen in a blink of an eye. We should enjoy Bitcoin while it lasts. Who knows how many years (or months) do we have left before the whole human race goes extinct because of a large-scale nuclear war? Just my opinion :)


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: ChiBitCTy on November 18, 2022, 01:01:51 AM
It all depends on what type of nuclear war we have. There’s a huge difference between a small and large scale nuclear war. It’s possible only one or two nukes are shot and everyone then comes to their senses, but it’s also possible (and in my opinion, more likely) that the it’s a much more fierce nuclear war, which then could easily dispel all life forever. So obviously bitcoin wouldn’t survive lol.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: care2yak on November 18, 2022, 02:32:10 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

The question was, would bitcoin survive a nuclear war? And Nick Szabo and Ralph Merkle stated that it would. And I agree that bitcoin will, because bitcoin is a coded system that does not just die or gets wiped out or erased all of a sudden becasue that's not how it was designed. And if a nuclear war happens -- let's all pray that it won't come to that -- if a nuclear war happens, there are still parts of the world that will have srvers running and computers running, so access and use of cybernetics and the internet will continue.

I think that was what Ralph Merkle was meaning to say. It's all theoretical. And unless everything on earth gets wiped out by the war, meaning even those flying war jets, subs, and operating nuclear armaments -- which by the way are now all using gps, satellites, and involve use of the net, then theoretically, everything will be off but the code and system will still be there and if by some miracle, survivors surface then the moment they turn on servers and computers, will the bitcoin protocol go live again.

The next question then is that would anyone use bitcoin when basic necessities like food and water and maybe fuel, become scarce and expensive? Will currencies even be important during those times? Maybe after a period of healing, and trade begins to flourish again then maybe bitcoin will be usable again... and so, bitcoin will still survive


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: jokers10 on November 18, 2022, 03:50:47 PM
Bitcoin will survive, but not many people will use it. In times of war, the first thing that comes into mind are life necessities such as food, water, and shelter. Money is out of the picture. You can bet a nuclear disaster would reduce the number of nodes on the BTC blockchain (effectively making it less secure against external attacks). I suppose we're close to seeing a full-scale nuclear war (WW3?), especially when Putin have been threating Ukraine to use nuclear weapons against it (although he has soften its stance lately).

It's a dangerous world we're living today, where anything can happen in a blink of an eye. We should enjoy Bitcoin while it lasts. Who knows how many years (or months) do we have left before the whole human race goes extinct because of a large-scale nuclear war? Just my opinion :)

Current state of affairs is definitely not so inspiring but I doubt that a total nuclear war is going to be: there are many safety systems aimed to prevent this. What we are worried about at the moment is a local usage of nuclear arms and effects from it. And it is really terrifying. Hope this will never happen.

So nuclear war can be not only total (hope none will happen) and effects on Bitcoin will differ basing on the problem. In the worst case humanity will be gone but some copies of Bitcoin will be saved and so Bitcoin can even see out all humanity. It will lost its utility but still will exist.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: yohananaomi on November 19, 2022, 09:36:27 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

If a world war starts and one of those old farts remembers to use nukes, it will not be only Bitcoin that will be disappearing. It will be the end of the world as we know it. Bitcoin would be the least of your concerns in the that scenario...
it is clear that in a war situation there will be many obstacles that will be ahead, it is certain that everyone will no longer think about bitcoin and everything, because everyone will be focused on the war. not yet with the possibility that the internet network also cannot run normally and there will be no transactions or anything to be able to make bitcoin transactions.
obviously any war will affect bitcoin especially if it comes to using nuclear which will obviously destroy world civilization and where there are bitcoins in it, everything will disappear from the face of the earth.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Pmalek on November 19, 2022, 10:11:18 AM
What would you be purchasing with your bitcoin following a nuclear disaster and who would be interested in taking it?

Let's forget the millions of casualties from the explosions, and the millions who will die in the aftermaths. The disastrous effects on internet, electricity grids, and telecommunications would leave you with no way to access your coins. The survivors would be looking for clean water, food, clothes, and medicine in a world that is poisoned by nuclear radiation. These things will gain in value and become the means of exchange and not a digital currency that requires internet (that does no longer work) and devices like computers or phones (that no longer work without electricity). It would be a surprising new world learning that your huge 4K TV with an OLED screen is now worth just a bottle of 1 liter of fresh water.     


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Yatsan on November 19, 2022, 10:17:14 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

If a world war starts and one of those old farts remembers to use nukes, it will not be only Bitcoin that will be disappearing. It will be the end of the world as we know it. Bitcoin would be the least of your concerns in the that scenario...
it is clear that in a war situation there will be many obstacles that will be ahead, it is certain that everyone will no longer think about bitcoin and everything, because everyone will be focused on the war. not yet with the possibility that the internet network also cannot run normally and there will be no transactions or anything to be able to make bitcoin transactions.
obviously any war will affect bitcoin especially if it comes to using nuclear which will obviously destroy world civilization and where there are bitcoins in it, everything will disappear from the face of the earth.
To put it simple, people would mind surving and living more than anything else. During a war, monetary systems or money itself will be useless because a total havoc is more likely to occur. This includes Bitcoin and other virtual currency. It will remain on your wallet but it would more likely have no value because there won't be a demand on it. So it will just be something of an amount which would be useless during those times, which I hope won't happen in the future. The market and economy will recover but expect that after a war, there would be years before majority of destroyed establishments be restored.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Inwestour on November 19, 2022, 10:23:52 AM
If this happens, then not only bitcoin will lose its value, but most likely fiat money and maybe even gold will lose their original value, it will depend on the damage that will be done to the planet. But in general, I agree with the previous posts, the values for people will be completely different, these are food, clean water, medicines, warm housing, everything else will not be important.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Ryker1 on November 19, 2022, 10:41:37 AM
What would you be purchasing with your bitcoin following a nuclear disaster and who would be interested in taking it?

Let's forget the millions of casualties from the explosions, and the millions who will die in the aftermaths. The disastrous effects on internet, electricity grids, and telecommunications would leave you with no way to access your coins. The survivors would be looking for clean water, food, clothes, and medicine in a world that is poisoned by nuclear radiation. These things will gain in value and become the means of exchange and not a digital currency that requires internet (that does no longer work) and devices like computers or phones (that no longer work without electricity). It would be a surprising new world learning that your huge 4K TV with an OLED screen is now worth just a bottle of 1 liter of fresh water.     
Well I totally agree with you --it is a common necessity that humans looking after there is a disastrous effect and perhaps no one will have an interest in digital currency or even fiat at that time does not have value --the most important is food supplies and medications for the disaster. It could be back to traditional trading of commodities if this will happen. But I won't scratch my head thinking about this which is a rare case or impossible to happen. It is indeed bitcoin will perhaps useful if there is an internet connection restored.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: AicecreaME on November 19, 2022, 12:08:03 PM
if the whole wide world gets destroyed, the air and the whole surroundings are contaminated of radiations and other chemical that came from the blasts. what's the point of Bitcoin and other currency. For sure if there are stores that survives the nuclear war, it will be stolen by people and the owner of it can't stop those hungry people from getting the food. Survivors would be back to the traditional way of getting food, building houses, making fire, and other survival skills that are needed.

Any type of currency or even Bitcoin will be forgotten for some time before people would start to use it again if we are going to survive the nuclear war if it ever happens in the future (let's hope not).


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: jokers10 on November 19, 2022, 04:28:16 PM
...
Any type of currency or even Bitcoin will be forgotten for some time before people would start to use it again if we are going to survive the nuclear war if it ever happens in the future (let's hope not).

Since currencies were popular from the earliest times I doubt that idea of money will become unuseful even in case of a global catastrophe. Bitcoin can be too complicated for usage and existing fiat currencies too insignificant but something like money cowry will be used anyway as it is very convenient to have a unified equivalent.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: DaveF on November 19, 2022, 04:45:27 PM
There was an article about what would be worth 'money' after 'the end of the world' and it did have some interesting conclusions.

Gold, silver and a bunch of 'precious' metals would become just about worthless.

Copper would be worth a lot since if anyone could get some form of power generation working copper wire works best and lasts a really long time.

Iron and Steel would be worth something for shelter construction, but since there is so much of it not a lot

Rhodium, titanium and such would skyrocket in value for a bit. But once all the tech needed to work it died it would drop off.

Bitcoin, credit cards, anything that needs tech to work becomes worthless.

Flammable gasses are valuable. As in some of the most valuable after the end of the world.

Gasoline / Petrol in general becomes worth a lot quickly, but unlike 'Mad Max World' falls in value just as quickly.

Clean water would be valuable for a while, but as people migrated to where it's sources are it drops.

-Dave



Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Habakkuk Swen on December 05, 2022, 08:08:07 PM
I think no because if a nuclear bomb hits, it would create nuclear dust, which would prevent people from using solar energy, and there would be further shortages of energy as a result. The biggest problem with Bitcoin itself is that it uses a Proof-of-Work consensus mechanism, which consumes a huge amount of energy.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Pigo Piou on December 05, 2022, 08:25:12 PM
Even in the circumstances of a global power outage, Bitcoin would still be able to survive thanks to a distributed network system uses (there are servers in all corners of the world that maintain the entire Bitcoin network, so destroying the entire network at once is quite an issue).


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: DaNNy001 on December 05, 2022, 09:02:48 PM
This is an intriguing question which the answer we already know is NO bitcoin can never survive in nuclear war. Imagine the world as it is today happens to experience such a devastating case such as war been fought with nuke , i think it will cause chaos and many things will be destroyed like school bank and so much more.  War is never a thing to wish for it is hard for a nation to recover from the cold hands of war and this type of war is going to affect everyone in the world. Bitcoin needs people and internet for its proper coordination and this war will affect everything that has to do human like water supply, the internet , and people will need fiat currency more in times of the war because everyone will be looking to survive not to invest in btc.
So bitcoin Will definitely not survive if there's a nuclear war


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: n0ne on December 05, 2022, 09:11:36 PM
It is really hard to answer, however we can stay positive such thing won't happen again in any part of the world. The world have experienced the reality and the pain of nuclear weapon. Even now people of specific region are experiencing the severity. We need to find way through bitcoin to have inner peace. In financial management we've already achieved it using bitcoin. For a nuclear weapon bitcoin won't survive, but such incident won happen forever.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: mendace on December 07, 2022, 12:12:31 AM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

Bitcoin is resilient and can withstand a nuclear catastrophe because it is distributed so a nuclear war cannot destroy the entire planet.  Let us remember that there are also nodes in space within satellites and that is not all, even if a war were to cut the internet connection of one or more countries, even in that case we have the satellite network.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Abiky on December 07, 2022, 12:32:20 AM
This is an intriguing question which the answer we already know is NO bitcoin can never survive in nuclear war. Imagine the world as it is today happens to experience such a devastating case such as war been fought with nuke , i think it will cause chaos and many things will be destroyed like school bank and so much more.  War is never a thing to wish for it is hard for a nation to recover from the cold hands of war and this type of war is going to affect everyone in the world. Bitcoin needs people and internet for its proper coordination and this war will affect everything that has to do human like water supply, the internet , and people will need fiat currency more in times of the war because everyone will be looking to survive not to invest in btc.
So bitcoin Will definitely not survive if there's a nuclear war

Bitcoin would still be able to survive a nuclear war due to its distributed nature. But the vast majority of the people worldwide won't use it because they will be thinking on how to survive. Food, shelter, and other life necessities will go above Bitcoin, Fiat, Gold, and anything else. While a full-scale nuclear war is highly unlikely, we should be prepared for the worse just in case.

If we're worried about Bitcoin's survival, then we could simply host nodes across space. Bitcoin could have nodes and miners on the Moon, as well as, Mars (if there's enough funding to make it happen). For what I know, the sky is the limit. We should enjoy Bitcoin while it lasts. Who knows what the future holds for the cryptocurrency? Just my thoughts ;D


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: dezoel on December 08, 2022, 06:30:42 AM
Technically speaking it depends on the surviving amount of people. Nuclear war is something that may destroy all life on earth at a certain level, which means if there are no humans then there is no bitcoin, as well.

However, if there are enough people left, and if all of those people are not cancer ridden (nuclear war distributes radiation, which causes cancer) then one way or another bitcoin could survive as well if we can keep the internet going. Basically it all depends on the amount of people left, and how big is the war. That will decide on everything else and that will make sure that it will go smoothly afterwards, or just good old walking dead style or not.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Miracle Wizzard on December 12, 2022, 12:19:09 PM
If a nuclear war stroke, the banking and monetary systems would be devastated, saying nothing of fiat, which would be significantly devalued by the war. This does not exist for decentralized Bitcoin.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: panganib999 on December 12, 2022, 08:26:16 PM
What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ (https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/) and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
Due to its decentralized nature, as long as the internet remains relevant and we are still able to access it bitcoin and other cryptocurrencies will still be available for use. Bitcoin could and would survive a nuclear war long as there's people who would still be able to use it of course, and as long as the internet, or at least parts of it are still intact.
If a nuclear war stroke, the banking and monetary systems would be devastated, saying nothing of fiat, which would be significantly devalued by the war. This does not exist for decentralized Bitcoin.
I don't think monetary system would collapse, in my opinion it would become stronger than ever because money would be the biggest currency of the war, alongside soldiers and military prowess. Countless wars are won because you have money, I don't think this would not be the case even if a nuclear war stuck the planet. People will still find ways to use fiat just like the bottle caps on Fallout.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Ebede on December 12, 2022, 08:48:35 PM
I don't understand this particular concept of a bitcoin can be able to serve a nuclear weapon or nuclear war my answer to this one dollar question is no because I believe that bitcoin is like money but it's a digital currency won't nobody can see at the torch is only used for threatening buying and selling for interceptions so from my own understanding I thank you because I'm not help for serving a nuclear weapon but he can use it to make a payment of any nuclear weapon that if you like


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: albertorma on December 13, 2022, 02:05:24 PM
It is certain that the decentralized nature of Bitcoin would allow to continue to function even in the face of a catastrophic event like a nuclear war. The nodes all around the world with a copy of the blockchain are privately owned, and as long as at least 2 of them do exist, bitcoin will continue to thrive. It should be noted that internet is just the most comfortable interface, but internet isn't necessarily inherent to bitcoin. What truly defines bitcoin is PoW. As long as the incentives continue to exist, the miners will find a way to comunicate with the network in order to be rewarded.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Rosa Gonzales on December 13, 2022, 02:26:34 PM
The biggest source of value of Bitcoin is the consensus of Bitcoin market participants, giving BTC its existence value. The higher the consensus, the higher the market value. If the consensus decreases, so does its value. If the consensus dies out, Bitcoin naturally ceases to exist.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Abiky on December 13, 2022, 02:54:14 PM
Technically speaking it depends on the surviving amount of people. Nuclear war is something that may destroy all life on earth at a certain level, which means if there are no humans then there is no bitcoin, as well.

However, if there are enough people left, and if all of those people are not cancer ridden (nuclear war distributes radiation, which causes cancer) then one way or another bitcoin could survive as well if we can keep the internet going. Basically it all depends on the amount of people left, and how big is the war. That will decide on everything else and that will make sure that it will go smoothly afterwards, or just good old walking dead style or not.

That's certainly true, mate. Why on Earth people would use Bitcoin during a nuclear crisis? The first thing they will think about is survival. This means food, shelter, water, and clothing will be on top of everything else. As I've said before, Bitcoin will survive but not many people will use it because of the reasons mentioned before. I guess the BTC blockchain will be in a pretty weak state due to a reduced number of nodes and miners on the network.

I'm hoping Elon Musk or someone else launches Bitcoin nodes in space to help make the Blockchain immune from a full-scale nuclear war. These are uncertain times we're living into, so we should expect the unexpected. Just my thoughts :D


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: dezoel on December 13, 2022, 06:58:51 PM
Why on Earth people would use Bitcoin during a nuclear crisis? The first thing they will think about is survival. This means food, shelter, water, and clothing will be on top of everything else. As I've said before, Bitcoin will survive but not many people will use it because of the reasons mentioned before. I guess the BTC blockchain will be in a pretty weak state due to a reduced number of nodes and miners on the network.

I'm hoping Elon Musk or someone else launches Bitcoin nodes in space to help make the Blockchain immune from a full-scale nuclear war. These are uncertain times we're living into, so we should expect the unexpected. Just my thoughts :D
From all the things that I have seen from games and movies, I can easily say that first of all I would not survive lol, there are way too many people around where I live, so I would die very quickly because one of them would kill me.

Secondly and more importantly, I am pretty sure that wager could be one of the most important ones, people are not aware how easy we got it, if you do not have the companies that does this properly, then we are going to have no clear water and that would be end of humanity, because that is by far the most basic need and without it we would die. In a world like that, I just thought maybe bitcoin is not even an issue in anyone's mind.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: mendace on December 13, 2022, 09:06:35 PM
The biggest source of value of Bitcoin is the consensus of Bitcoin market participants, giving BTC its existence value. The higher the consensus, the higher the market value. If the consensus decreases, so does its value. If the consensus dies out, Bitcoin naturally ceases to exist.

the consensus of market participants is an important factor in determining the value of Bitcoin. The value of any currency, including Bitcoin, is ultimately determined by what people are willing to pay for it. If a large number of people agree that Bitcoin has value and are willing to buy and sell it at a certain price, then it will have that value. If the consensus of market participants changes and they no longer believe that Bitcoin has value, then its value will decrease. However, it is important to note that the value of Bitcoin is not solely determined by consensus.
Anyway It is unlikely that Bitcoin, or any other digital currency, would be able to survive a nuclear war. In such an event, most of the infrastructure that supports the digital economy, including the internet and electrical grids, would likely be severely damaged or destroyed. Without these fundamental technologies, it would be nearly impossible for people to access their Bitcoin wallets or transact with the digital currency. Even if some individuals were able to hold on to their Bitcoin, there would likely be no one to buy or sell it with, and it would therefore have no value.




Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: barto123 on December 14, 2022, 04:47:58 AM
I think nukes are fake - just fear to control the masses. go onto bitchute and listen to some of the points being made.

the world is basically one giant holding company run by a small group of psychopaths & the people are the slaves. it's basically a people farm. the super rich run the largest child sex traffic ring on the planet, everything is basically a distraction for what they're really doing.

even if nukes existed, it would be bad for business to blow up entire countries.

they (WEF & the psychopaths behind it) are spending all this time and effort to build the AI surveillance grid - why would they want to blow it all up?

all roads lead to depopulation & enslavement of the world.

sorry to be dark, but in order to have any argument these days you have to zoom out - agenda 21 & 2030 are very real.

bitcoin fixes wars. bitcoin fixes a corrupt system. most of the problems in the world have been manufactured.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: tjtonmoy on December 14, 2022, 05:39:28 AM
It is difficult to say whether or not Bitcoin would survive a nuclear war. The decentralized and distributed nature of the Bitcoin network, as well as the fact that it operates on the internet, makes it potentially resilient to physical events like a nuclear war. However, there are many factors that could potentially impact the viability of the Bitcoin network in the event of a nuclear war, including the destruction of infrastructure, loss of power and internet connectivity, and the potential loss of large numbers of users and miners.

However, it is also possible that in the aftermath of a nuclear war, the decentralized and borderless nature of Bitcoin could make it a valuable tool for facilitating trade and transactions. In a post-apocalyptic world where traditional financial systems may no longer function, Bitcoin and other digital currencies could potentially provide a means of exchange that is not dependent on centralized institutions.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Argoo on December 14, 2022, 06:01:41 AM
...
Any type of currency or even Bitcoin will be forgotten for some time before people would start to use it again if we are going to survive the nuclear war if it ever happens in the future (let's hope not).

Since currencies were popular from the earliest times I doubt that idea of money will become unuseful even in case of a global catastrophe. Bitcoin can be too complicated for usage and existing fiat currencies too insignificant but something like money cowry will be used anyway as it is very convenient to have a unified equivalent.
Most likely, bitcoin will not survive a big nuclear war, when humanity will be put on the brink of survival. To survive, people first of all need basic necessities, food, water, weapons. Since the system of functioning of the system of state power will be broken, paper money will be depreciated. Non-cash money, cryptocurrency will also not be in demand, if only because there will be great difficulties with the functioning of the Internet and other equipment. After a global nuclear war, barter is likely to be the most common form of trade, and even gold and jewelry will fade into the background. If the survivors do not have confidence that everything will be restored to the previous level, the cryptocurrency will lose any useful properties.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Myleschetty on December 14, 2022, 11:27:30 PM
...
Any type of currency or even Bitcoin will be forgotten for some time before people would start to use it again if we are going to survive the nuclear war if it ever happens in the future (let's hope not).

Since currencies were popular from the earliest times I doubt that idea of money will become unuseful even in case of a global catastrophe. Bitcoin can be too complicated for usage and existing fiat currencies too insignificant but something like money cowry will be used anyway as it is very convenient to have a unified equivalent.
Most likely, bitcoin will not survive a big nuclear war, when humanity will be put on the brink of survival. To survive, people first of all need basic necessities, food, water, weapons. Since the system of functioning of the system of state power will be broken, paper money will be depreciated. Non-cash money, cryptocurrency will also not be in demand, if only because there will be great difficulties with the functioning of the Internet and other equipment. After a global nuclear war, barter is likely to be the most common form of trade, and even gold and jewelry will fade into the background. If the survivors do not have confidence that everything will be restored to the previous level, the cryptocurrency will lose any useful properties.
I agree with what you said but some people appear not to understand the purpose and potentail of Bitcoin which is giving people financial liberation not nuclear war. Besides, anyone that know the consequence of nuclear war to the earth and atmosphere wont ever pray it happen.


Title: Re: Would Bitcoin Survive A Nuclear War?
Post by: Abiky on December 23, 2022, 12:49:48 AM
I think nukes are fake - just fear to control the masses. go onto bitchute and listen to some of the points being made.

the world is basically one giant holding company run by a small group of psychopaths & the people are the slaves. it's basically a people farm. the super rich run the largest child sex traffic ring on the planet, everything is basically a distraction for what they're really doing.

even if nukes existed, it would be bad for business to blow up entire countries.

they (WEF & the psychopaths behind it) are spending all this time and effort to build the AI surveillance grid - why would they want to blow it all up?

all roads lead to depopulation & enslavement of the world.

sorry to be dark, but in order to have any argument these days you have to zoom out - agenda 21 & 2030 are very real.

bitcoin fixes wars. bitcoin fixes a corrupt system. most of the problems in the world have been manufactured.

That's certainly true, mate. The nuclear threats are just a means to frighten Ukraine and its allies. I don't think Putin will dare to launch nuclear missiles, especially when he knows there are a lot of Ukraine's allies with a powerful nuclear arsenal. I don't think this whole invasion thing was planned by worldwide governments, since this just came out of nowhere. No one expected Putin to cause this disaster, especially when the COVID-19 pandemic took the world by storm.

Now Ukraine and other countries have to face the consequences of a prolonged war, until the dust settles for good. I believe it's going to take quite a long time before everything goes back to normal. At least, Bitcoin won't be going anywhere soon. As long as there are nodes and miners widely distributed around the world, the pioneer cryptocurrency would surely withstand a large scale nuclear attack. Just my thoughts ;D