Could Bitcoin still exist if the internet was shut down worldwide for a week?

[Floxynice]

Btw, we have technologies that allow the use of bitcoin without the need of the internet ...

Can you tell more about it ?

There are several ways to use bitcoin without internet like SMS transactions from CoinText service, or over Mesh or Lora network. Or you can use Blockstream Satellite which allows you to receive blockchain data via satellite without internet.

But in general all these methods are not popular and common because as we all know, the possibility of losing global internet connection for a long time is very low and we have never encountered this situation. The loss of global internet connectivity would cause catastrophic consequences, so governments will never allow that to happen. We don't need to know these methods either.

This is interesting. I am just getting to know today that we can actually send and receive bitcoins through SMS. How does it work, is the SMS peculiar to a particular country or it is same pattern for everyone irrespective of their location? I am still trying to get used to how we can use bitcoin conveniently without internet.

These technologies that allow this need to be upgraded and be in use without any challenge. Bitcoin has password that stage where we will be bothering about internet connectivity.

[ghan7300]

no , bitcoin would pause as it relies on internet for communication and it could resume once the internet is restored.

[TheUltraElite]

A lot more things other than bitcoin would be the point of concern if the internet shut down for a while, bitcoin would be least of concerns.

However if it does, then we have wait till it gets restored and then the network would start working again. It will just pause a while, it cannot be stopped..

Maybe in future we might find ways to solve this problem and use bitcoin even if the network is down. I see some people talking about Lora, I have heard about it but not how it is used.

[Johnlomape]

A lot more things other than bitcoin would be the point of concern if the internet shut down for a while, bitcoin would be least of concerns.

However if it does, then we have wait till it gets restored and then the network would start working again. It will just pause a while, it cannot be stopped..

Maybe in future we might find ways to solve this problem and use bitcoin even if the network is down. I see some people talking about Lora, I have heard about it but not how it is used.

The only thing I know that could make the Internet to shutdown worldwide is world war 3 and we should be getting ready for that. Russia and NATO are not in a good terms and Trump has previously told NATO countries to shutdown Russia jets if they enter their spaces. This is a pure sign that NATO and Russia might be preparing for another horrible conflict exercises that could disrupt the whole world.

If the Internet shutdown down due to the war with Russia, I don't think anyone would be talking about their Bitcoin but rather thinking of shelter and how to evacuate the regions affected by the conflict. The only thing that will make the Internet to disappear is world war 3 and I hope it won't happen.

[krishnaverma]

A lot more things other than bitcoin would be the point of concern if the internet shut down for a while, bitcoin would be least of concerns.

However if it does, then we have wait till it gets restored and then the network would start working again. It will just pause a while, it cannot be stopped..

Maybe in future we might find ways to solve this problem and use bitcoin even if the network is down. I see some people talking about Lora, I have heard about it but not how it is used.

The only thing I know that could make the Internet to shutdown worldwide is world war 3 and we should be getting ready for that.

Like how ? I do not think anything will be left if world war 3 happens.

[Outhue]

A lot more things other than bitcoin would be the point of concern if the internet shut down for a while, bitcoin would be least of concerns.

However if it does, then we have wait till it gets restored and then the network would start working again. It will just pause a while, it cannot be stopped..

Maybe in future we might find ways to solve this problem and use bitcoin even if the network is down. I see some people talking about Lora, I have heard about it but not how it is used.

The only thing I know that could make the Internet to shutdown worldwide is world war 3 and we should be getting ready for that.

Like how ? I do not think anything will be left if world war 3 happens.

My country never fought in WW1 and WW2, it is none of our business, the highest war that took place here was civil war, and so is the same with many other Africa countries, if war is brewing it is better to exit your country as there will be many signs available. Bitcoin transaction will freeze on the blockchain until the internet is back and even if it takes over 10years Bitcoin will be well preserved, people need to stop worrying about what could happen to Bitcoin if the internet goes down.

As for those talking about WW3, it will be more bloodier than the past because of the tools of destruction that's available today, generations of generations will seize to exists and it will take decades to heal from it, think about something like Hiroshima and times it 10x, atomic bombs today are marginally more effective than what hit Japan in the past, don't pray for war but peace instead.