what will be the contigency of bitcoin if internet went wrong?

[ruben0909]

lets make a brainstorm by our opinion how will bitcoin developers and fanatics make a solution about this?

[mki8]

for the internet not to exist, would mean there could only be 1 computer in existence

stupid question really

bitcoin would exist like everything else that is digital before the world was digital

it wouldnt

[gentlemand]

Bitcoin will be way, way down the list of priorities if the internet went tits up. You could write your private keys down and wait for it to come back to life but you'll probably be starving and the personal bitch of a bodybuilder wearing antlers who lives in the desert by then.

[~Bitcoin~]

I think simple solution could be broadcasting bitcoin transaction via radio signals seems impossible but i have heard some project trying to broadcast like this to make bitcoin transaction from space. Don't have link to that news/article, but i have read it somewhere.

[vinaha]

Ok, stupid question because the Internet is not going to break. But suppose a global EMP were to take out all of the electricity and electronics in the world, and thus the Internet breaks. My guess is that many Bitcoin will be lost (web wallets, even computer based wallets that are not backed up), however the code of the blockchain would not be lost, and Casascius coins and Titan coins and other physical bitcoins could be bartered (even at a high price) with the understanding that when the Internet does get fixed the first thing that coders would do is restore the blockchain.

[raphma]

if internet went wrong, things are really bad and bitcoins isnt a concern.
and even if internet get down for a few days, the whole world will be working to solve the problem.. bitcoins isnt the only service that relies fully on internet.

[btcdevil]

if internet went wrong, things are really bad and bitcoins isnt a concern.
and even if internet get down for a few days, the whole world will be working to solve the problem.. bitcoins isnt the only service that relies fully on internet.

Totally agree with you that not only bitcoin but in todays life their are so many works are their which are mostly depended on internet , why even bank will also come to halt if internet is not their as now 99% of work is done via internet, that is why when ever in some area if internet service is break down then you can see that in that area ATM Machine or bank wont work and their will be a talk hanging that server down, which is due to internet service break down.

[From Above]

lets make a brainstorm by our opinion how will bitcoin developers and fanatics make a solution about this?

If "the Internet went wrong" Bitcoin is something u would have to care about last.

Modern infrastructure is dependent on the Internet.

U can not think it away from the future

~CfA~

[Wendigo]

There is a project about getting the Blockchain up in space with the help of a network of satellites that will act as relays of transactions if the ground Internet gets damaged somehow and some regions are to be out of Internet connection. However Bitcoin is heavily dependent on the Internet so if something unpleasant happens with the global network I think Bitcoin will be pretty much finished.

[kryptqnick]

lets make a brainstorm by our opinion how will bitcoin developers and fanatics make a solution about this?

By Internet going wrong you mean stopping to exist?
Btc will stay frozen, waiting for something to push it into existence again.

[Labumi]

if internet went wrong, things are really bad and bitcoins isnt a concern.
and even if internet get down for a few days, the whole world will be working to solve the problem.. bitcoins isnt the only service that relies fully on internet.

I think this will not happen and if there is then it is because of natural conditions. I think that if this is the case then bitcoin can never be used and all of the people who use the bitcoin will lose a lot of money they invested in the bitcoin

[Xester]

lets make a brainstorm by our opinion how will bitcoin developers and fanatics make a solution about this?

If internet will have problems then bitcoin will have problems. Since bitcoin operate online without it the transfer if transaction is a failure. But when internet will go back the bitcoins is still there. But there is only a one in a million chance that it will happen. So there's nothing really to worry about, internet providers cannot afford to lose trillions of dollars due to internet failure.

[Gahs]

Should the internet go down, people would simply keep their private keys in a secure place for the time being.

Don't worry about hackers accessing your coins, they also do not have the internet facilities to do that.

I don't think the internet can crash for more than a week... unless of course there is an alien invasion or something of that nature.

[avikz]

Funny question....if internet goes down, the only contingency you can have is your fiat currency. Bitcoin is completely online based currency. It would evaporate if there is not internet available.

You have to use your fiat currency once the internet is down I guess!!

[Bestwishes745]

It will be a great destruction for bitcoin if internet went wrong, as almost all of the bitcoin processes are dependent on internet, and if it not remained and still after that someone wanted to establish that network then they will have to take the support of banks and and will provide a system like ATM card.

[serjent05]

lets make a brainstorm by our opinion how will bitcoin developers and fanatics make a solution about this?

If internet is down, obviously Bitcoin will be in chaos,  but am sure developer will surely go for alternative, like intranet but i wonder if it is possible, so more probably they will seek a transmissible frequency to re-establish bitcoin network.  Or maybe thru infrared, bluetooth.  Somehow I read an article about someone developing a way to trarnsmit bitcoin transaction thru bluetooth. So maybe it is possible to re-establish network using these methods.

[allthingsluxury]

We would have much, much bigger problems. The value of BTC if the internet ceased to exist would essentially be nothing, as it is the main means of spending / receiving BTC.

[BitcoinHodler]

there is a similar question on this board, there is no reason for starting a new one about this unreal question:

what happens to Bitcoin if internet goes down?

[pedrog]

There's no need for a contingency, bitcoin doesn't even make sense without Internet, but if the Internet stops working that means something really bad happened, bad as in we are all dead because of the giant meteor! 

[RodeoX]

Same as everyone else.

If the Internet is gone we have bigger issues than bitcoin. While the code exists to broadcast transactions over radio, it would be very limited. I suppose you would need to have a ham radio connected to a laptop running a wallet. With few nodes it may be impractical. It mat be that in such a world the blue chip stocks would be bottled water, can goods, and ammunition; not bitcoin.