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Author Topic: Will Bitcoin survive world war III?  (Read 13998 times)
jethrorn99
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April 06, 2016, 05:58:17 AM
 #201

If internet still exist after WW3, than Bitcoin will still survive. But the dev's team.... I dunno.

Bitcoin still be alive, but no one is developing it again. (except some of the devs survives)
jacobmayes94
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April 06, 2016, 06:03:12 AM
 #202

War or not there is one thing many people do not realize, is the internet is very vulnerable. A few fibre cables between countries is ALL that links them. So much that parts of the world were disconnected from the outside web by a boat anchor.

http://www.dailymail.co.uk/news/article-2108868/Ships-anchor-accidentally-slices-internet-cable-cutting-access-African-countries.html

That's a reference to the event. The map of these fibre cables is here

https://personalpages.manchester.ac.uk/staff/m.dodge/cybergeography/atlas/teleglobe_large.gif

This is the weak link in the chain, if countries got disconnected in such a way, I could imagine many blockchain forks happening, and in war? barter. I wouldn't care about the internet but would be trying my best to get across the globe to get to my partner if I hadn't moved there by then. Bitcoin would be the last thing on my mind, or any money for that matter. Maybe the couple of silver bars ive been saving would be useful XD

That's a thing, if countries did become isolated and theres big pools in there, would they suddenly begin mining on their own 'fork' of the chain because theres nothing else to contradict it? After 100 confirmations the coins are spendable? This is a problem, if china shut off outside access say those pools may end up on their own fork. This situation isn't limited to outright war but the most damage to those fibre cables would or could occur during wartime. Disconnect a country from the outside world and then blocks begin propagating only within that country, and all the nodes in that country have is the nodes within the country, nothing to contradict the blocks. Then access is restored X time later, then you end up with two or more different forks???
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April 08, 2016, 04:50:03 AM
 #203

That's a thing, if countries did become isolated and theres big pools in there, would they suddenly begin mining on their own 'fork' of the chain because theres nothing else to contradict it? After 100 confirmations the coins are spendable? This is a problem, if china shut off outside access say those pools may end up on their own fork. This situation isn't limited to outright war but the most damage to those fibre cables would or could occur during wartime. Disconnect a country from the outside world and then blocks begin propagating only within that country, and all the nodes in that country have is the nodes within the country, nothing to contradict the blocks. Then access is restored X time later, then you end up with two or more different forks???

This is great point, Internet can be purposely broken into two or three disconnected areas. I did not realize this before. However, I think it is everybody Chain, US, Russian and many Europe Countries best interest to maintain a connection to the whole world.
Even some companies in USA has two set of computers network, one set can link t o internet, surfing internet, the other set will strictly internal only.
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April 08, 2016, 05:26:42 AM
 #204

I think in any war currency do not die but the supporters and technology for it,
In any war if the technology for internet destroyed then everyone with bitcoin will lose their money and they will remain with nothing, because it will be very hard for recovering the lost and destroyed data, so stay in peace try to tolerate each other's faults and mistakes, to stay healthy, wealthy and successful.
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April 08, 2016, 06:00:05 AM
 #205

I dont think so. It is a World War my friend. So nobody will care about money. Necessity is what you will be after when that shit happens. Safety, canned goods, drinks and clothing, I dont think you will care to be online on that day. You will just watch the news or save your battery for listening in the radio waiting for that war to be over.

Well that's true, during a war, we should be hiding and conserve everything that we have...But if internet is still up and could still transmit from one country to another, bitcoin would still be up...don't forget that we could now use solar as source of power...Probably government would  be forced to use bitcoin to transfer funds from one country to other country and most probably after the war if the government benefits a lot from bitcoin during the war maybe it will be the dawn of bitcoin...
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April 08, 2016, 06:04:06 AM
 #206

I dont think so. It is a World War my friend. So nobody will care about money. Necessity is what you will be after when that shit happens. Safety, canned goods, drinks and clothing, I dont think you will care to be online on that day. You will just watch the news or save your battery for listening in the radio waiting for that war to be over.

Well that's true, during a war, we should be hiding and conserve everything that we have...But if internet is still up and could still transmit from one country to another, bitcoin would still be up...don't forget that we could now use solar as source of power...Probably government would  be forced to use bitcoin to transfer funds from one country to other country and most probably after the war if the government benefits a lot from bitcoin during the war maybe it will be the dawn of bitcoin...

the important thing is that you can easily store value in bitcoin and secure it even in times of distress and war. and millions of dollar can fit in a small piece of paper or a secure trezor wallet. but any other form like fiat, gold,... is not that easy to store.

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April 08, 2016, 06:11:12 AM
 #207

World War III broke out 6 years, huge disruption to everybody, there was limited nuclear bomb detonation in two smaller nations. Internet is in a state useable but not reliable.
Will Bitcoin survive? Will smuggler use Bitcoin to buy weapon, or gold to buy weapon?

Depends on how big war will be. In II WW many places was safe and war didn't touch them so if something similar happen bitcoin will continue to exist. Problem will be for people and countries that will bi directly under the fire, they will have no access to internet.

I felt 2 wars in my life, food and weapons is what everyone needs in times of war. You can pay things with cigars, and gasoline, ammunition..

But if III WW spread on all world nobody will think about btc.

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April 08, 2016, 06:12:15 AM
 #208

If world war III happened, it would be a war of nuclear. And i don't think people will care about bitcoin on that days. People only want to find save place to hide when world war III happened. And i think bitcoin will survive, but the price can decrease.
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April 08, 2016, 06:15:31 AM
 #209

Who is to say that we would even survive world war three.  If humanity survives and we still have power and the internet then bitcoin will probably be the beat currency to be trading with as I would imagine the world would be in bad shape without much infastructure remaining. 

I do very much believe that if we do find ourselves in another world war it could wipe out the vast majority of us due to the devestating levels of technology out there.
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April 08, 2016, 06:33:53 AM
 #210

I dont think so. It is a World War my friend. So nobody will care about money. Necessity is what you will be after when that shit happens. Safety, canned goods, drinks and clothing, I dont think you will care to be online on that day. You will just watch the news or save your battery for listening in the radio waiting for that war to be over.

Well that's true, during a war, we should be hiding and conserve everything that we have...But if internet is still up and could still transmit from one country to another, bitcoin would still be up...don't forget that we could now use solar as source of power...Probably government would  be forced to use bitcoin to transfer funds from one country to other country and most probably after the war if the government benefits a lot from bitcoin during the war maybe it will be the dawn of bitcoin...

the important thing is that you can easily store value in bitcoin and secure it even in times of distress and war. and millions of dollar can fit in a small piece of paper or a secure trezor wallet. but any other form like fiat, gold,... is not that easy to store.

That's true.. gold and fiat could be a threat when you have them during a war when every personnel is  seizing every house...They are eye catching and everyone knows about gold and fiat, for sure they will have interest in it unlike bitcoin...
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April 08, 2016, 07:05:38 AM
 #211

Well, BTC will be easy to use in WWIII actually, because when world war begins a lot of money is needed. Apart from this in any world war the only death occurs of living organism and their assets. I do not think it will effect much to BTC at all.
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April 08, 2016, 07:09:56 AM
 #212

How can you think about survival of bitcoin when you are not sure of even your survival!!!
As far as smugglers are concerned if they are smart enough then they will use bitcoins and enjoy the benefits of its anonymity.
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April 08, 2016, 07:51:21 AM
 #213

Provided that the internet and electricity survive the fall out of WW3 the minimum conditions for BTC to exist are fulfilled

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April 08, 2016, 07:56:49 AM
 #214

If internet still exist after WW3, than Bitcoin will still survive. But the dev's team.... I dunno.

Bitcoin still be alive, but no one is developing it again. (except some of the devs survives)
if those miner getting nuked, and all server which have bitcoin's data get exploded, even there's still exist an internet connection, bitcoin will be sure lose its existence

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April 08, 2016, 08:33:05 AM
 #215

If the internet dies and most of humanity with it then yes. Most peeps after a huge catastrophe like that would be basically trying to survive and rebuilding the planet from scratch so I doubt it could survive if the internet got wiped out to oblivion. Let's just hope and pray that never happens.


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April 08, 2016, 09:23:19 AM
 #216

If internet still exist after WW3, than Bitcoin will still survive. But the dev's team.... I dunno.

Bitcoin still be alive, but no one is developing it again. (except some of the devs survives)
if those miner getting nuked, and all server which have bitcoin's data get exploded, even there's still exist an internet connection, bitcoin will be sure lose its existence

But i think if world war3 exist bitcoin wi surelt die because bitcoin users will surely do massive selling to get money and buy living expenses. And other will buy weapon of distraction and use bitcoin to do illegal transaction that can affect of bitcoin destruction.

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April 08, 2016, 11:54:02 AM
 #217

I think world war III will not happen, now we don't think about wars but we have to think about bringing peace, as with such wars everything is destroyed and every life is destroyed no matter dead or alive, Everyone's property, wealth homes etc are destroyed, even bitcoin will also be lost. So think and do struggle for peace, not with war but with love.
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April 08, 2016, 01:30:55 PM
 #218

If internet still exist after WW3, than Bitcoin will still survive. But the dev's team.... I dunno.

Bitcoin still be alive, but no one is developing it again. (except some of the devs survives)
if those miner getting nuked, and all server which have bitcoin's data get exploded, even there's still exist an internet connection, bitcoin will be sure lose its existence
The chance is much higher that Bitcoin will survive the world war than you do, and that is quite logic because Bitcoin can disappear in war because it can only reduce in value.
But the chance is small that there will be a world war soon or North Korea must do crazy, but I dont think so.
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April 08, 2016, 02:10:47 PM
 #219

There won't be a world war 3 to survive.
New world war happen around spy networks and cyber attacks. Noone really want to fight.
World war III not just happen on syber war,its also happen on real war,big and great countries will use nuclear or biligic weapon,this is can destroy anything include internet connection,and of course bitcoin will not survive without internet.

Let's just hope so, but at this point I think anything is possible. The elite have lots of underground hidden bunkers to hide at while WW3 ensues, but then again, if nuclear bombs are used, it would be a disaster and living on planet earth would be a mess. I think the future generations will be the ones worried since the elites will be able to go to other planets.
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April 08, 2016, 02:13:25 PM
 #220

There won't be a world war 3 to
survive. Because very small amount of people know about bitcoin.
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