iqlimasyadiqa (OP)
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
April 10, 2017, 03:58:48 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
The One
Legendary
Offline
Activity: 924
Merit: 1000
|
|
April 10, 2017, 04:02:22 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash.
|
| ..................... ........What is C?......... .............. | ...........ICO Dec 1st – Dec 30th............ ............Open Dec 1st- Dec 30th............ ...................ANN thread Bounty....................
|
|
|
|
Dorky
Sr. Member
Offline
Activity: 392
Merit: 250
Best IoT Platform Based on Blockchain
|
|
April 10, 2017, 04:04:17 PM |
|
We curse the rothschilds.
|
|
|
|
traderethereum
|
|
April 10, 2017, 04:23:06 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think the only solution that we can use is still using fiat to pay our financial transactions because money can help us to buy something or pay our expenses. but for online transaction, i think we can not use properly and even the transaction is abandoned as we need internet to send the transaction.
|
|
|
|
knircky
Member
Offline
Activity: 99
Merit: 18
|
|
April 10, 2017, 04:23:36 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
|
April 10, 2017, 04:25:52 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. The glaring brilliance of simplicity.
|
|
|
|
mobnepal
Legendary
Offline
Activity: 1218
Merit: 1006
|
|
April 10, 2017, 04:25:59 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Internet have never gone down for over 1 minute in past and it is also quite unlikely to have a situation where internet all over the world will go down at same time for more than a minute because to make this someone have to spend billions of dollar on DDOS attacks.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
|
|
April 10, 2017, 04:35:12 PM |
|
And conventional banking wouldn't be much better off if that happened either, let alone all the countless other things such as power stations, traffic systems and on and on. It is a tad alarming how many eggs we're putting into one basket. In the years to come you'll be able to include your car and home into that as well.
|
|
|
|
Mr.grin
Legendary
Offline
Activity: 1218
Merit: 1000
|
|
April 10, 2017, 04:36:09 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
when the internet was freezing, I'm sure the great people skilled in the field will not remain silent. they will repair the damage as quickly as possible, because not only bitcoin that freezes when internet can not be accessed, but very many online systems that use the Internet to access. when it happens I think the experts will try to restore it to normal again, although it takes time.
|
|
|
|
webtricks
Legendary
Offline
Activity: 1918
Merit: 1728
|
|
April 10, 2017, 04:44:43 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I don't know what you understand from the word Internet but it is not a commodity or something rather it refers to inter-connectivity of computers around the world. Thousands and thousands of servers and gadgets are dedicated for uptime of this connectivity. So I can't think such situation ever occur considering Bitcoin will be main payment option. This will induce more concern and safety towards internet!!
|
|
|
|
Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
|
|
April 10, 2017, 05:02:12 PM |
|
If the internet fails, the whole banking system and PayPal fails too.... so Bitcoin will not be the only payment system that would go down in flames. You will not be able to do internet banking or use credit cards too. Financial systems are also reliant on the internet, so a Catastrophe will influence every other WAN network, when the Internet goes down.
|
|
|
|
Jet Cash
Legendary
Offline
Activity: 2702
Merit: 2456
https://JetCash.com
|
|
April 10, 2017, 05:23:23 PM |
|
It's more likely that we will cut down all the trees and kill ourselves.
|
Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
|
|
|
Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
April 10, 2017, 05:28:10 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Find something that people would be willing to trade, such as cash or, in extreme cases, something like a precious metal or other various valuable goods. The chances of the internet stopping are relatively low, however I can see why there is some concern, and I would not say that it is misplaced. Can't really solve something in the event that all the supporting structures fail as well. At that point it would come down to people trading whatever they could in order to keep moving, and that might involve intra-community credit.
|
|
|
|
Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
|
|
April 10, 2017, 05:37:25 PM |
|
At that time, the whole world is now dependent to internet and surely the international organizations would never let the internet to freeze at any point (unless all antennas, satellites and servers are all destroyed at the same time). Even today that bitcoin is not the main payment method, the international organizations will, also, not let this type of event happens. Not just the payments and transactions are affected but also businesses will be harmed. As for the alternative if bitcoin freezes, Use cash.
|
|
|
|
Victorycoin
|
|
April 10, 2017, 06:14:37 PM Last edit: April 10, 2017, 06:31:55 PM by Victorycoin |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
What on earth do you think is capable of paralyzing the entire internet? Have you never heard that the internet was structured and developed with catastrophic situations as nuclear bomb attack in mind? It isn't a good sight when seniors here are the ones groping in the dark instead of shinning on the light for all, especially the newbies to see.
|
|
|
|
Nahl
Legendary
Offline
Activity: 1652
Merit: 1000
|
|
April 10, 2017, 06:49:27 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. yes agree with you that because bitcoin needed internet connections and if Internet network paralyzed people usually will find another solutions to still make transaction and cash will be good solution for this problem and cash also will became the main payment in the world instead of bitcoin if this is happened
|
|
|
|
The_Dark_Knight
|
|
April 10, 2017, 11:49:59 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Since bitcoin runs over the internet then a paralyzation of the internet means no bitcoin, but don’ worry that also mean most fiat will be unavailable too, and this is why you also need to have a small holdings of gold and silver just in case everything goes to hell.
|
|
|
|
erickkyut
|
|
April 11, 2017, 12:56:45 AM |
|
Internet is becoming part of our daily lives. It is now the major means of communication, the most common source of knowledge and most of all, our partner in our daily living. There is only a very little possibility that the internet will cease to exists. And if ever that happens, they will find and immediate action about it.
|
|
|
|
Realtech
Member
Offline
Activity: 117
Merit: 10
|
|
April 11, 2017, 01:00:51 AM |
|
i think the best is to transact with cash,internet should not be a problem in transacting business.
|
|
|
|
cr1776
Legendary
Offline
Activity: 4032
Merit: 1299
|
|
April 11, 2017, 01:02:47 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. Or gold, silver, and other precious metals etc. If the internet was paralyzed, fiat might be experiencing disruptions too.
|
|
|
|
darkangel11
Legendary
Offline
Activity: 2352
Merit: 1345
Defend Bitcoin and its PoW: bitcoincleanup.com
|
|
April 11, 2017, 01:09:37 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Internet have never gone down for over 1 minute in past and it is also quite unlikely to have a situation where internet all over the world will go down at same time for more than a minute because to make this someone have to spend billions of dollar on DDOS attacks. Yea, because we never had something like a worldwide scale EMP bombardment. It's possible to shut down the internet by cutting off the major datacenters. This wouldn't make it disappear, but would significantly limit the access. The network would become much slower and even though it would technically still be there you would have to wait in line to access information. Same thing would happen with bitcoin, it wouldn't cease to exist because it's impossible to destroy every single node in the world, but you wouldn't be able to move your coins.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
FlamingFingers
|
|
April 11, 2017, 01:24:39 AM |
|
i think the best is to transact with cash,internet should not be a problem in transacting business.
If the Internet network is paralyzed – which happens rarely, though not the whole world experiences it – not only will bitcoin suffer, but also any and every payment method will be paralyzed except physical transactions (i.e., cash). They all depend on the internet presence, and that's why they are called Online Payment Processors.
|
|
|
|
Schuyler
|
|
April 11, 2017, 01:26:53 AM |
|
If for some reason the internet goes down, I am sure something else will replace it. We humans are very much capable of great things and because necessity is the mother of all inventions, someone will come up with a solution in the case that the internet won't be there. Same ingenuity can be said about Satoshi Nakamoto, I would say.
|
|
|
|
iamTom123
|
|
April 11, 2017, 01:33:20 AM |
|
This is the big reason why I always believe that Bitcoin or any cryptocurrency for that matter will not totally replace fiat or paper money because there can be times when technology will fail us and we are left on our own. Of course, right now they are working on an alternative internet technology for times when the internet we are using right now will go down but they are not yet proven so as to we can rely on that technology 100%.
Bitcoin and fiat money can co-exist and even be complimentary but they will never be killing each other. That, I am so sure. Even right now, I don't know how many people in rural and remote areas here in my country know about Bitcoin...so don't even have an old-style phone much more internet connection.
Since Bitcoin is internet dependent, there can be a hard time using it if there would be failure of connections. We are still waiting for a proven alternative backbone to the internet. Hope that can be available soon.
|
|
|
|
n0ne
|
|
April 11, 2017, 01:53:36 AM |
|
Each day the development is progressing or moving forward. So the technology growth remains the same or moves forward unless a digital war happens affecting the entire universe. I believe such incident won't happen and we'll be continuing to travel long with internet as now itself everything is functioning with internet.
|
|
|
|
Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
|
|
April 11, 2017, 12:04:43 PM |
|
Each day the development is progressing or moving forward. So the technology growth remains the same or moves forward unless a digital war happens affecting the entire universe. I believe such incident won't happen and we'll be continuing to travel long with internet as now itself everything is functioning with internet.
Are we dealing with aliens now? Even world war emerges, internet will be preserved. No government will let the internet down since many countries depend more on the internet. Many businesses, also, depend on the internet in order to provide services. As a matter of fact, the reason why bitcoin was made decentralized is if such happening occur, it will not impact bitcoin so much.
|
|
|
|
johnnyyash
|
|
April 11, 2017, 12:57:01 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication I truly and secondly agree with you..other forms of communication..
|
|
|
|
krisnt80
|
|
April 11, 2017, 02:13:40 PM |
|
This wont happen, nowadays internet is a powerful tool and its part of humans, since we do use it for almost anything we need, replacing or attacking it would put us into a war. Human is a skilled to build and create new things, soo even with some thing that could stop or replace the current internet im sure a new way would be live to keep with all business and trasactions.
|
|
|
|
hahay
Legendary
Offline
Activity: 3458
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
|
|
April 11, 2017, 02:37:41 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
the solution is not to let bitcoin be the main payment instruments in the world, and I will really feel confused if one day Internet network paralyzed. I can not imagine if at the time of millennial present and the future, where technology has developed rapidly, then very suddenly Internet network paralyzed. maybe everyone will have a heart attack.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Potato Chips
|
|
April 11, 2017, 03:05:39 PM |
|
I don't see a single reason why would the internet will die. It is a very important part of our lives if it ever be endangerd i'm sure the whole world will
join forces for it. Op said that bitcoin is the main payment method in his what-if scenario which just proves the more reason why internet will always be
there because bitcoin relies greatly on it unless something that's more great than internet has been invented.
|
|
|
|
btc_angela
|
|
April 11, 2017, 03:51:34 PM |
|
I don't see a single reason why would the internet will die. It is a very important part of our lives if it ever be endangerd i'm sure the whole world will
join forces for it. Op said that bitcoin is the main payment method in his what-if scenario which just proves the more reason why internet will always be
there because bitcoin relies greatly on it unless something that's more great than internet has been invented.
Agreed. Internet has been part of every country in the world so I doubt this scenario would happen in the future. But just in case it did, then bitcoin will be useless because no one can used it cause the internet is down. You can't send or received transaction, you can't open your wallet and other scenario.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
barnes13
|
|
April 11, 2017, 04:05:46 PM |
|
If this happens there will be tremendous panic Bitcoin holders especially in large quantities, but I think it is very difficult to occur even to say impossible, you know humans have brilliant idea and always survive and bring new inovation.
|
|
|
|
Monnt
Legendary
Offline
Activity: 938
Merit: 1000
|
|
April 11, 2017, 05:02:41 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Yeah I have thought of that. It could definitely happen. If there were a Electromagnetic bombing it could destroy all electronics. This would cause even a whole nation to not have a payment system if they started only using Bitcoin. That is one of the reasons why I don’t think it is wise to use only an electronic currency. It might even destroy the blockchain and certainly everyone’s BTC addresses would be erased and accounts on servers like Coinbase would be wiped.
|
|
|
|
zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
|
|
April 11, 2017, 05:24:23 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
bitcoin would be less affected than most payment solutions, except physical cash, which is already dying anyway. even gold and silver would most likely be hurt by the internet dropping, because no one would know what gold/silver is worth anyway so no one would accept it. bitcoin can work over peer-to-peer networks even without the internet. At least in theory. what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Yeah I have thought of that. It could definitely happen. If there were a Electromagnetic bombing it could destroy all electronics. This would cause even a whole nation to not have a payment system if they started only using Bitcoin. That is one of the reasons why I don’t think it is wise to use only an electronic currency. It might even destroy the blockchain and certainly everyone’s BTC addresses would be erased and accounts on servers like Coinbase would be wiped. That's not even how bitcoin works.
|
|
|
|
Dimelord
|
|
April 11, 2017, 08:53:16 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I dont think it would happen ever so.If it happens,then the banking sector would be much affected than the bitcoin users because today mostly digital transactions are carried out.Since internet has come into existence,it has not happened.Let us hope the best.
|
|
|
|
Seeker01
|
|
April 12, 2017, 02:32:49 AM |
|
Well probably this thing will not happen hopefully, cause if its happen we were going back to the old habit i think. cash to cash basis, its hard to make long distance transactions and people may die as soon as this thing happen.
|
|
|
|
xuan87
Legendary
Offline
Activity: 1666
Merit: 1001
|
|
April 12, 2017, 03:58:54 AM |
|
Then we can't do any transaction, we won't even be able to check our bitcoin balance, bitcoin payment is depends on internet, if it is dead then no transaction can be made, the only solution is back to fiat, that is why fiat will never being erased and we can't depend all things on internet
|
░░░░░░░░░░░░░░░███████████████░░░░░░░░░░ ░░░░░░░░░░░░██████████████████████░░░░░░ ░░░░░░░░░░░█████████████████████████░░░░ ░░░░░░░░░█████████░░░░░░░░░░░████████░░░ ░░░░░░░░███████░░░░░░░░░░░░░░░░███████░░ ░░░░░░░███████░░░░░░░░░░░░░░░░░░░█████░░ ░░░░░░░███████░░░░░░░░░░░░░█████░██████░ ░░░░░░░██████░░░░░█░░░░░████████░██████░ ░░░░░░░███████░░░███░░░████░░███░██████░ ░░░░░░░███████░░██░██░████░░███░░█████░░ ░░░░░░░░██████░░██░░█░███░░███░░██████░░ ░░░░░░░░░███████░██░█░█░░░███░░██████░░░ ░░░░░░░░░░░██████░███░░░███░░░█████░░░░░ ░░░░░░░░░██░░████░░░░░░██░░░██████░░░░░░ ░░░░░░░░████░░░░░██████░░░█████░░░░░░░░░ ░░░░░░░░███████░░░░░░░░░███░░░░░░░░░░░░░ ░░░░░░░░░░░█████████████░░░░░░░░░░░░░░░░ ░░░░░░░░███░░░█████░░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░██████░░░███░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░░░ | ▂▂ ▃▃ ▅ ▆ ▇ █ TeraWATT █ ▇ ▆ ▅ ▃▃ ▂▂
Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
|
|
|
jems
|
|
April 12, 2017, 06:02:37 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Internet have never gone down for over 1 minute in past and it is also quite unlikely to have a situation where internet all over the world will go down at same time for more than a minute because to make this someone have to spend billions of dollar on DDOS attacks. This thing will not happen because as of now internet is very important in life all of transaction in money ,payments ,communication etc will be on internet . And if happen many people work in online site will die .
|
|
|
|
doomistake
|
|
April 12, 2017, 08:25:29 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. It is impossible to happen in our generation, we are in the Information Age, and internet is one of the most needed of people to complete our needs in our everyday lives, and most of the things that we do have these days won't function without the internet, so I guess, it is time to say " Welcome back to the Old Age" if this thing happens, because everything that is modern would be completely useless without the Internet, that is why this thing is very impossible to happen in the future.
|
|
|
|
DoublerHunter
|
|
April 12, 2017, 08:43:30 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I don't think that is possible to happen to make the internet paralyzed or shutdown because that is impossible because a lot of people support the internet as well as bitcoin. If that scenario happen then the only solution i think is the use of paper wallet like the fiat? how? We will just deposit a fixed bitcoin amount into the paper wallets and because it is offline and physical, we can use it and make it as an exchange to the item that we want and the receiver just need to wait for the internet to be fixed and exchange it into fiat money.
|
|
|
|
doomistake
|
|
April 12, 2017, 12:37:54 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I don't think that is possible to happen to make the internet paralyzed or shutdown because that is impossible because a lot of people support the internet as well as bitcoin. If that scenario happen then the only solution i think is the use of paper wallet like the fiat? how? We will just deposit a fixed bitcoin amount into the paper wallets and because it is offline and physical, we can use it and make it as an exchange to the item that we want and the receiver just need to wait for the internet to be fixed and exchange it into fiat money. Then, how about if the bitcoin that we have saved run out, because we spent it all, how we are going to earn bitcoin if the Internet is dead? It is basically useless, everything, those stuffs and technology that do needs internet, will be just worthless, and it would a disaster if this thing really happens in the future, though for me it is not possible that the Internet would be dead someday. Unless, something will happen that will destroy the world, I mean, a World Wide War, something like that, because if that thing happens, we don't have any choice but to save ourselves first and forget about this crypto world.
|
|
|
|
iqlimasyadiqa (OP)
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
April 14, 2017, 02:13:04 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. when people have only a bitcoin, and they do not save real money. while they have to pay a lot of bills and utilities. this is what must be our consideration in the future. there must be a balance between bitcoin ownership and real money. probably around 50:50 to make us comfortable in living their daily lives.
|
|
|
|
Sadlife
|
|
April 14, 2017, 02:22:23 AM |
|
There are may cyber security researchers in this modern age That are finding unseen bugs in a software or system so better patch or secure the internet protocol before it is exploited by some hacker. The internet will not go down because people need it especially businessmen and the Rothschild.
|
▄▄▄▀█▀▀▀█▀▄▄▄ ▀▀ █ █ ▀ █ █ █ ▄█▄ ▐▌ █▀▀▀▀▀▀█ █▀▀▀▀▀▀▀█ █ ▀█▀ █ █ █ █ █ █ ▄█▄ █▄▄▄▄▄▄▄▄█▄▄▄▄▄▄▄█ █ █ ▐▌ ▀█▀ █▀▀▀▄ █ █ ▀▄▄▄█▄▄ █ █ ▀▀▀▄█▄▄▄█▄▀▀▀ | . CRYPTO CASINO FOR WEB 3.0 | | . ► | | | ▄▄▄█▀▀▀ ▄▄████▀████ ▄████████████ █▀▀ ▀█▄▄▄▄▄ █ ▄█████ █ ▄██████ ██▄ ▄███████ ████▄▄█▀▀▀██████ ████ ▀▀██ ███ █ ▀█ █ ▀▀▄▄ ▄▄▄█▀▀ ▀▀▀▄▄▄▄ | | . OWL GAMES | | | . Metamask WalletConnect Phantom | | | | ▄▄▄███ ███▄▄▄ ▄▄████▀▀▀▀ ▀▀▀▀████▄▄ ▄ ▀▀▀▄▄▀▀▀▀▀▀▀▀▀▄▄▀▀▀ ▄ ██▀ ▄▀▀ ▀▀▄ ▀██ ██▀ █ ▄ ▄█▄▀ ▄ █ ▀██ ██▀ █ ███▄▄███████▄▄███ █ ▀██ █ ▐█▀ ▀█▀ ▀█▌ █ ██▄ █ ▐█▌ ▄██ ▄██ ▐█▌ █ ▄██ ██▄ ████▄ ▄▄▄ ▄████ ▄██ ██▄ ▀█████████████████▀ ▄██ ▀ ▄▄▄▀▀█████████▀▀▄▄▄ ▀ ▀▀████▄▄▄▄ ▄▄▄▄████▀▀ ▀▀▀███ ███▀▀▀ | | . DICE SLOTS BACCARAT BLACKJACK | | . GAME SHOWS POKER ROULETTE CASUAL GAMES | | ▄███████████████████▄ ██▄▀▄█████████████████████▄▄ ███▀█████████████████████████ ████████████████████████████▌ █████████▄█▄████████████████ ███████▄█████▄█████████████▌ ███████▀█████▀█████████████ █████████▄█▄██████████████▌ ██████████████████████████ █████████████████▄███████▌ ████████████████▀▄▀██████ ▀███████████████████▄███▌ ▀▀▀▀█████▀ |
|
|
|
mylabs01
Sr. Member
Offline
Activity: 476
Merit: 251
Revolutionizing Brokerage of Personal Data
|
|
April 14, 2017, 03:21:37 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. precisely! i think if that happens, cash is our best option. it just like we need to go back to basic. what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication can you give such specific examples of other forms of communication? please elaborate. thanks a lot!
|
|
|
|
romero121
Legendary
Offline
Activity: 3164
Merit: 1213
|
|
April 14, 2017, 03:24:03 AM |
|
There are may cyber security researchers in this modern age That are finding unseen bugs in a software or system so better patch or secure the internet protocol before it is exploited by some hacker. The internet will not go down because people need it especially businessmen and the Rothschild.
Yes, it won't go down. Because every form of businesses and individual requirements cannot be met without theinternet. So always bitcoin ismoved towards growth rather than going down. Even in countries which are economically down focus much on internet. The reason is that it's a step forward for growth.
|
|
|
|
lighpulsar07
|
|
April 14, 2017, 03:28:42 AM Last edit: April 14, 2017, 03:43:14 AM by lighpulsar07 |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
How cannot we perform financial transactions without bitcoin as long as we have real world currency we are fine without the internet just go back to basic way of life and how can you so sure that bitcoin may become the main financial instrument if we have slow transaction confirmation problem? Bitcoin has a lot work to do to become a main financial instrument
|
|
|
|
Theb
|
|
April 14, 2017, 03:33:45 AM |
|
Lets think for a moment if Bitcoin will be the only currency used in the world? Would that even be possible? Because I don't think it is possible where will we base the value of Bitcoin if there is no more Fiat Currency? Without Fiat Currency Bitcoin is not money because it will not have any value. So my guess is Fiat Currency would still exist even if Bitcoin is being used worldwide. All the governments of the world would not allow other type of currency to rule their country.
|
|
|
|
lighpulsar07
|
|
April 14, 2017, 03:42:46 AM |
|
Lets think for a moment if Bitcoin will be the only currency used in the world? Would that even be possible? Because I don't think it is possible where will we base the value of Bitcoin if there is no more Fiat Currency? Without Fiat Currency Bitcoin is not money because it will not have any value. So my guess is Fiat Currency would still exist even if Bitcoin is being used worldwide. All the governments of the world would not allow other type of currency to rule their country.
Yes I agree with you let me add another, bitcoin has is only limited 21 milion coins do you think bitcoin can supply everyone in the world? no. wIthout fiat bitcoin will have no value think about it only 21 million people will only have 1btc lol
|
|
|
|
iqlimasyadiqa (OP)
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
April 14, 2017, 03:43:29 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
How cannot we perform financial transactions without bitcoin as long as we have real world currency we are fine without the internet just go back to basic way of life and how can you so sure that bitcoin may become the main financial instrument if we have slow transaction confirmation problem? Bitcoin has a lot work to do to become a main financial instrument still need a lot of time of course. however we are currently heading to a more sophisticated era, the era of digital currencies like bitcoin. we must start from now, we should try always to use bitcoin in their daily lives.
|
|
|
|
noictib
|
|
April 14, 2017, 03:48:14 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
This would not be possible in the future , it is because the future of our life will be more attached with the internet and no chance to disturb the internet by the technology . Second here we can see that what happened when the blockchain goes for the maintenance for one to two days , even the stop of the bitcoin deals the market remain active in other fields , so no doubt for the small time lost of whole internet will not generate big problem for us , Because without internet if one cannot send then also reciver will not recieve , at that time that will be more better to take patience instead to do something new
|
|
|
|
lighpulsar07
|
|
April 14, 2017, 04:01:05 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
How cannot we perform financial transactions without bitcoin as long as we have real world currency we are fine without the internet just go back to basic way of life and how can you so sure that bitcoin may become the main financial instrument if we have slow transaction confirmation problem? Bitcoin has a lot work to do to become a main financial instrument still need a lot of time of course. however we are currently heading to a more sophisticated era, the era of digital currencies like bitcoin. we must start from now, we should try always to use bitcoin in their daily lives. No. That won't happen. without real world currency, bitcoin is worthless pile of data stored in internet and also I said earlier bitcoin is limited to 21 million coins. how can 21 million coins will accumulate for billion and billions of people in the world? And the government have a power to ban bitcoin in some countries. Let's face it that bitcoin won't beat fiat currencies
|
|
|
|
MancyZz
Sr. Member
Offline
Activity: 728
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
|
|
April 14, 2017, 04:27:36 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think this is can not happened because many people so smart to repair about network , they understand about it and they learn it.. so very impossible if network dead
|
|
|
|
DoublerHunter
|
|
April 14, 2017, 06:20:27 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think this is can not happened because many people so smart to repair about network , they understand about it and they learn it.. so very impossible if network dead There are few scenarios that can make that possible to make the network dead. One of the scenario is a war like world war three, if that happen then it will be a chaotic situation for us because a lot of structures will be destroyed and everything can be destroyed by the powerful weapons that the different country have. If this scenario will going to happen then it will be easy for them to make the network die.
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
April 14, 2017, 06:30:06 AM |
|
in theory with two people connecting the client via lan, it's like having a home network for bitcoin, there must be a way to allow the client to recognize a sub network in case internet service provider can't povide their service
i'm sure that if there was no internet, with a WAN between miners, they can build the network of bitcoin withou internet, it's not so different than a mesh network
|
|
|
|
arwin100
|
|
April 14, 2017, 06:31:40 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If that happen maybe all people have big problem with our finances if bitcoin become the main payment in the world. But i think government have solution in that thing is happen they are all ready to fix any problems cause by bitcoin. And i think its there a different way to buy our need not only bitcoin payment.
|
|
|
|
Juggy777
|
|
April 14, 2017, 06:35:07 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
The only solution is to wake you up from your bad dream. The scenario that you are referring to happens only in Hollywood movies. Internet is not that easy that you close it, and it shall just shut off. And if it would become world payment then I am sure an offline method will be there to. However worst case scenario this happens, there are always contingencies planned for this. So you should not really be worried of this, as this in all sense is a fantasy.
|
|
|
|
Xester
|
|
April 14, 2017, 06:43:28 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
This would not be possible in the future , it is because the future of our life will be more attached with the internet and no chance to disturb the internet by the technology . Second here we can see that what happened when the blockchain goes for the maintenance for one to two days , even the stop of the bitcoin deals the market remain active in other fields , so no doubt for the small time lost of whole internet will not generate big problem for us , Because without internet if one cannot send then also reciver will not recieve , at that time that will be more better to take patience instead to do something new That is wrong if internet will go down then bitcoin will also shut down. Even digital fiat currency will also shut down if internet was down and so all digital financial system dependent on internet will shut down. But if the world has already made a stable internet system such as that calamities will not hamper the internet connection then we can say that digital currency is ready to face the world.
|
|
|
|
densuj
Legendary
Offline
Activity: 910
Merit: 1000
|
|
April 14, 2017, 06:43:42 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Technically yes we can not make finansial transaction with bitcoin because of the internet network shut down but it will not be happening although it happen, the developers will makes other solution with build new internet connection with different way that there are not bugs inside, so we can use bitcoin for payment transaction.
|
|
|
|
Labumi
|
|
April 14, 2017, 06:49:59 AM |
|
If for some reason the internet goes down, I am sure something else will replace it. We humans are very much capable of great things and because necessity is the mother of all inventions, someone will come up with a solution in the case that the internet won't be there. Same ingenuity can be said about Satoshi Nakamoto, I would say.
Basically if there was indeed something that no longer can afford to do something previously done their loyal definitely use will move on to things that are almost the same or even better than before. Because most of the users are more concerned with themselves without looking at the existing problems and also everyone's needs is very dense, so it doesn't have much time to respond to something that could not give them an advantage. So, this is all rather than something a bad thing because I think all will never happen unless the Apocalypse
|
|
|
|
SimmonenY
|
|
April 14, 2017, 06:56:39 AM |
|
I think powerful people who invested in digital currency won't let that happen. But if this scenario somehow happens - cash and precious metals will become a substitute (meanwhile currency rates will go crazy).
|
|
|
|
Aleister Crowley
|
|
April 14, 2017, 07:41:35 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
This would not be possible in the future , it is because the future of our life will be more attached with the internet and no chance to disturb the internet by the technology . Second here we can see that what happened when the blockchain goes for the maintenance for one to two days , even the stop of the bitcoin deals the market remain active in other fields , so no doubt for the small time lost of whole internet will not generate big problem for us , Because without internet if one cannot send then also reciver will not recieve , at that time that will be more better to take patience instead to do something new That is wrong if internet will go down then bitcoin will also shut down. Even digital fiat currency will also shut down if internet was down and so all digital financial system dependent on internet will shut down. But if the world has already made a stable internet system such as that calamities will not hamper the internet connection then we can say that digital currency is ready to face the world. we all know, now all the important things can do with the Internet, traksaksi, information, data, and much more, if the internet is dead, a lot of things are changing, I think the economy will change, because much depends on the internet.,and bitcoin would be difficult without the internet, bitcoin is virtual money, which exist in the digital world, we would not be able to do our habits with bitcoin without the internet, and it would be very detrimental to many people. but it probably will not happen, the world is growing and will continue to evolve, it will be a lot of technological development, as well bitcoin will be many developments of bitcoin that are customized to the development of the worl
|
|
|
|
btccashacc
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
April 14, 2017, 08:41:51 AM |
|
when people have only a bitcoin, and they do not save real money. while they have to pay a lot of bills and utilities. this is what must be our consideration in the future. there must be a balance between bitcoin ownership and real money. probably around 50:50 to make us comfortable in living their daily lives.
Then we back to the old method of exchange yup the barter system, it has been used for centuries and long before money and bitcoin were invented. So if someday there would be a destruction or something that makes the internet die, like you asked i think that's not a big deal for the people because we've passed this, however the gold's value would be increased due to this case that's why investing in gold for long term investment is a good choice to protect your wealth, so maybe the alternative is gold and other precious metals for payment purpose.
|
|
|
|
JL421
|
|
April 14, 2017, 10:20:01 AM |
|
First of that is something impossible unless anonymous and our mine and all the hackers come together and crash it. But surely it will come back one day. If bitcoin network is totally destroyed and maybe very less people are mining then we will have a coin which is a really high value but unfortunately we can't attain the value of it.
|
|
|
|
Oilacris
|
|
April 14, 2017, 10:28:21 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
This would not be possible in the future , it is because the future of our life will be more attached with the internet and no chance to disturb the internet by the technology . Second here we can see that what happened when the blockchain goes for the maintenance for one to two days , even the stop of the bitcoin deals the market remain active in other fields , so no doubt for the small time lost of whole internet will not generate big problem for us , Because without internet if one cannot send then also reciver will not recieve , at that time that will be more better to take patience instead to do something new That is wrong if internet will go down then bitcoin will also shut down. Even digital fiat currency will also shut down if internet was down and so all digital financial system dependent on internet will shut down. But if the world has already made a stable internet system such as that calamities will not hamper the internet connection then we can say that digital currency is ready to face the world. we all know, now all the important things can do with the Internet, traksaksi, information, data, and much more, if the internet is dead, a lot of things are changing, I think the economy will change, because much depends on the internet.,and bitcoin would be difficult without the internet, bitcoin is virtual money, which exist in the digital world, we would not be able to do our habits with bitcoin without the internet, and it would be very detrimental to many people. but it probably will not happen, the world is growing and will continue to evolve, it will be a lot of technological development, as well bitcoin will be many developments of bitcoin that are customized to the development of the worl I cant imagine on a world without internet and you are right most of the things we do on daily living does really require internet connection which means when the connection or network would be gone then expect there were operation would be failed and economic activity would be on big problem because we are mainly depending on internet now speaking of communication in an instant.If theres no internet then we can still able to use our physical cash btw.
|
|
|
|
Aikidoka
Sr. Member
Offline
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
|
|
April 14, 2017, 10:30:33 AM |
|
We could use other facilities. Every problem has a solution, mate.
|
|
|
|
marketone
Legendary
Offline
Activity: 1302
Merit: 1000
|
|
April 14, 2017, 10:49:28 AM |
|
We could use other facilities. Every problem has a solution, mate.
Exactly, we need to find other option because once the door is closed it indicates that another door is opening for us. Sometimes it is unpredictable because there are millions and millions of dollars invested in the network industry, so it is a great disappointment for the people who dependent on the internet.
|
|
|
|
iqlimasyadiqa (OP)
Legendary
Offline
Activity: 1596
Merit: 1011
|
|
April 14, 2017, 10:56:54 AM |
|
when people have only a bitcoin, and they do not save real money. while they have to pay a lot of bills and utilities. this is what must be our consideration in the future. there must be a balance between bitcoin ownership and real money. probably around 50:50 to make us comfortable in living their daily lives.
Then we back to the old method of exchange yup the barter system, it has been used for centuries and long before money and bitcoin were invented. So if someday there would be a destruction or something that makes the internet die, like you asked i think that's not a big deal for the people because we've passed this, however the gold's value would be increased due to this case that's why investing in gold for long term investment is a good choice to protect your wealth, so maybe the alternative is gold and other precious metals for payment purpose. it could be an alternative. gold could we save with ease, but when buying goods at a cheap price this would be a problem. Gold has its own value, imagine when we are only going to buy a burger, it would be difficult. barter system may only be valid when we trust each other, because not everyone can lose their goods.
|
|
|
|
jovs
|
|
April 14, 2017, 11:38:14 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
when the internet was freezing, I'm sure the great people skilled in the field will not remain silent. they will repair the damage as quickly as possible, because not only bitcoin that freezes when internet can not be accessed, but very many online systems that use the Internet to access. when it happens I think the experts will try to restore it to normal again, although it takes time. Yes your right , as the year goes by development on the internet and technology is going to happened. If paralyzing of the internet is the case i guess the people who is on to the internet especially the provider will provide an answer for this problem. In my point the internet freezing will not going to happen besides bitcoin will be upgrade for the better to make it as the no.1 crypto-currency. And maybe more ways on transaction will be made and more development will be going on to bitcoin. Just keep on the support of the community to make its value increased and to attract more people on using it.
|
|
|
|
MintCondition
Legendary
Offline
Activity: 1147
Merit: 1007
|
|
April 14, 2017, 11:38:54 AM |
|
We could use other facilities. Every problem has a solution, mate.
Exactly, we need to find other option because once the door is closed it indicates that another door is opening for us. Sometimes it is unpredictable because there are millions and millions of dollars invested in the network industry, so it is a great disappointment for the people who dependent on the internet. in this days, On millennial days that everyone depends on internet ,it will be a headache once it gone, Having slow internet is already a problem ,what else if its gone? Though this quite impossible yet to happen but if ever hoping that by that time there were developed things, apps were we can do transaction on btw without internet.
|
|
|
|
fullypak
Legendary
Offline
Activity: 1456
Merit: 1005
|
|
April 14, 2017, 12:31:47 PM |
|
We could use other facilities. Every problem has a solution, mate.
Exactly, we need to find other option because once the door is closed it indicates that another door is opening for us. Sometimes it is unpredictable because there are millions and millions of dollars invested in the network industry, so it is a great disappointment for the people who dependent on the internet. in this days, On millennial days that everyone depends on internet ,it will be a headache once it gone, Having slow internet is already a problem ,what else if its gone? Though this quite impossible yet to happen but if ever hoping that by that time there were developed things, apps were we can do transaction on btw without internet. We can not imagine that situation in our dream also. Now this world is addicted to the internet, if it is not there all business will stop suddenly and people mind will not run if it happens suddenly. Yes, there is a solution for every problem, but if we want to fix this problem means it will take years to solve this issue.
|
|
|
|
shine1123
Sr. Member
Offline
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
|
|
April 14, 2017, 12:47:01 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday bitcoin become the main payment intruments in the world, i'm sure bitcoin will make the physical unit for bitcoin, like cash, paper and coin. So if, the internet network going down, bitcoin still alive. I mean, our technology always upgrade and i think bitcoin network will upgrade too. Maybe someday bitcoin don't need internet but something else.
|
|
|
|
vasrasus
|
|
April 14, 2017, 01:00:04 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday bitcoin become the main payment intruments in the world, i'm sure bitcoin will make the physical unit for bitcoin, like cash, paper and coin. So if, the internet network going down, bitcoin still alive. I mean, our technology always upgrade and i think bitcoin network will upgrade too. Maybe someday bitcoin don't need internet but something else. There is a need to develop machines or something alike that not requires internet to function properly or to do the transactions of bitcoin. Bitcoin having a good future it will surely have more developments soon,now that bitcoin is quite popular now and having more users hoping it will have non internet function.
|
|
|
|
jtipt
|
|
April 14, 2017, 01:07:48 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Being realistic here, when and if Bitcoin becomes the main system of transactions then at that time internet would be also been improved and probably will not crash at all, and realistically whole internet can never go down.
|
|
|
|
Zontop
|
|
April 14, 2017, 01:14:59 PM |
|
If someday really this happens then it will not be only Bitcoin which will suffer but all financial system will be effected and will face blockage and huge trouble. I have many time seems banking services have trouble due to linkage down or other problems of connectivity with main server. I am not worried as everything will see same problem in that case nothing will be usable.
|
|
|
|
The_Dark_Knight
|
|
April 14, 2017, 03:22:52 PM |
|
i think the best is to transact with cash,internet should not be a problem in transacting business.
The problem is there is not enough cash, if the internet failed just for a few days there will be chaos since you could not buy groceries or anything probably we will have to do some barter since there will not be enough cash for most people to satisfy their daily needs.
|
|
|
|
Wipro
|
|
April 14, 2017, 03:36:29 PM |
|
i think the best is to transact with cash,internet should not be a problem in transacting business.
The problem is there is not enough cash, if the internet failed just for a few days there will be chaos since you could not buy groceries or anything probably we will have to do some barter since there will not be enough cash for most people to satisfy their daily needs. Funny, if you do not have enough money maintain your daily then pass the mailers to the any organization they may help you. I think in future we do not need to spare more money on internet as the world moving the IT globalization. However, with the help of internet only bitcoin getting transacted and we are network fee for miners to help it transacted.
|
|
|
|
jc89
|
|
April 14, 2017, 03:42:39 PM |
|
If someday really this happens then it will not be only Bitcoin which will suffer but all financial system will be effected and will face blockage and huge trouble. I have many time seems banking services have trouble due to linkage down or other problems of connectivity with main server. I am not worried as everything will see same problem in that case nothing will be usable.
That is right. This world had become more and more dependent to the internet and if the internet itself dies, it would be chaos. Businesses are also affected because some company uses the internet in order to provide services to their costumers. Not to mention other people who uses the internet in a daily basis such as in social media, online games and others.
|
. ▄▄▄▓▓▓▓▓▓▓▓▓▓▄▄ ▄▄▓▓▀░░░░░░░░░░░░░░▓▓▓▓ ▄▓▓░░░░░▄▄████████▄▄░░░░░░▓▓ ▄▓▀░░░░██████████████████▄░░░▓▓▌ ▓▓░░░▄██████████████████████▄░░░▓▓▄ ▓░░░░███████████▓██████████████░░░░▓▄ ▓▓░░░████████████████████████████▌░░░▓ ▐▓░░░▓████████████░░░░░████████████░░░▓▓ ▓▓░░░█████████████▓████▓███████████▌░░▐▓ ▓▓░░░█████████████▓████████████████▌░░▐▓ ▐▓░░░▓████████████▓░██░████████████░░░▓█ ▓▓░░░████████████▓░██████████████▌░░░▓▌ ▓▓░░░███████████▓██████████████▀░░░█▌ ▓▓░░░░█████████▓░▄███████████░░░░█▀ ▓▓░░░░░██████████████████▀░░░░▓█ ▓▓░░░░░░▀██████████▀▀░░░░░▓█▀ ▀▓▓░░░░░░░░░░░░░░░░░░▓█▀ ▀▓▓▓▓▓▓▓▓▓▓▓██▀▀▀ | | ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ | |
|
|
|
Kolder
|
|
April 14, 2017, 03:56:37 PM |
|
If someday really this happens then it will not be only Bitcoin which will suffer but all financial system will be effected and will face blockage and huge trouble. I have many time seems banking services have trouble due to linkage down or other problems of connectivity with main server. I am not worried as everything will see same problem in that case nothing will be usable.
That is right. This world had become more and more dependent to the internet and if the internet itself dies, it would be chaos. Businesses are also affected because some company uses the internet in order to provide services to their costumers. Not to mention other people who uses the internet in a daily basis such as in social media, online games and others. we defend more in internet for it brings convenience to our self ,it offers our fast and easy transactions. Bitcoin defends more in internet ,by that time internet will gone which is impossible ,there might be some invention that will function not internet related so lets just hope internet will forever exist unless we need to try to invent some now for bitcoin.
|
|
|
|
ekoice
|
|
April 14, 2017, 04:45:11 PM |
|
We could use other facilities. Every problem has a solution, mate.
Exactly, we need to find other option because once the door is closed it indicates that another door is opening for us. Sometimes it is unpredictable because there are millions and millions of dollars invested in the network industry, so it is a great disappointment for the people who dependent on the internet. in this days, On millennial days that everyone depends on internet ,it will be a headache once it gone, Having slow internet is already a problem ,what else if its gone? Though this quite impossible yet to happen but if ever hoping that by that time there were developed things, apps were we can do transaction on btw without internet. We can not imagine that situation in our dream also. Now this world is addicted to the internet, if it is not there all business will stop suddenly and people mind will not run if it happens suddenly. Yes, there is a solution for every problem, but if we want to fix this problem means it will take years to solve this issue. Yes,every thing today depends on the internet.Even all the bank transactions are digitalized and they too would suffer without internet.Growing technology would find a solution to this in the upcoming years.
|
|
|
|
cellard
Legendary
Offline
Activity: 1372
Merit: 1250
|
|
April 14, 2017, 05:26:05 PM |
|
That is the day to stockpile on food, water and weapons, because if the internet is totally dead it pretty much means that humanity went on a nuclear war or something like that, gold will not save you.
|
|
|
|
n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
|
|
April 14, 2017, 05:34:07 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
This situation is not real and cannot be verified. It will be the same if we can tell if the life on the Earth ceased. In case of this apocalypse the end is clear. Near the same situation the humanity will be even if internet will be dead. Will be a big mess. But the pools of bitcoin are there and with the begin of internet everything will begin to work the same as before.
|
|
|
|
Donceng
Member
Offline
Activity: 251
Merit: 10
|
|
April 14, 2017, 06:47:28 PM |
|
If the Internet network die so much at a disadvantage, because the current era of the internet is required by almost all people in the world, of which are used as a means of doing business. Thus the internet is very important in everyday life.
|
|
|
|
crazycatwoman03
|
|
April 15, 2017, 03:47:14 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. A very straightforward answer. You have mentioned that bitcoin just became the main payment instrument, this can mean that other currencies are still accepted for performing money transactions. I agree with him that if ever internet network is paralyzed, using cash will solve your stated problem.
|
INVALID BBCODE: close of unopened tag in table (1)
|
|
|
Astvile
|
|
April 15, 2017, 03:50:58 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Then use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream
|
|
|
|
The_Dark_Knight
|
|
April 17, 2017, 05:46:09 PM |
|
i think the best is to transact with cash,internet should not be a problem in transacting business.
The problem is there is not enough cash, if the internet failed just for a few days there will be chaos since you could not buy groceries or anything probably we will have to do some barter since there will not be enough cash for most people to satisfy their daily needs. Funny, if you do not have enough money maintain your daily then pass the mailers to the any organization they may help you. I think in future we do not need to spare more money on internet as the world moving the IT globalization. However, with the help of internet only bitcoin getting transacted and we are network fee for miners to help it transacted. I was not talking in the general sense but in the case of a crisis since most of the money is now in electronic form so most people don’t hold any kind of cash anymore, especially in first world countries, so it is unlikely that in the case of a small crisis they will have enough money to satisfy their needs, this happens in small scale every time there is an earthquake or a hurricane, now imagine that in a global scale.
|
|
|
|
sikke
|
|
April 17, 2017, 07:00:03 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Then use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream That is why i think that any idea of replacement the fiat by digital systems and payments through web is not a good idea. There is always a chance that the network is going to be paralyzed because of some reason, hackers attack,DDoS or just really huge traffic, and that is the reason why we should rely only on the web and online systems. We always should have some kind of emergency, because we cannot predict every event that will occur, thus it is not wise to depend only on one option. Im sure that even if most of the countries on the planet will replace their cash money with bitcoin or different digital asset, some of countries will use their currency, in form of bank notes.
|
|
|
|
MancyZz
Sr. Member
Offline
Activity: 728
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
|
|
April 18, 2017, 04:49:29 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think this is can not happened because many people so smart to repair about network , they understand about it and they learn it.. so very impossible if network dead There are few scenarios that can make that possible to make the network dead. One of the scenario is a war like world war three, if that happen then it will be a chaotic situation for us because a lot of structures will be destroyed and everything can be destroyed by the powerful weapons that the different country have. If this scenario will going to happen then it will be easy for them to make the network die. hahaa world war three? you're kidding man? may be you right because if world war three wll going to happen all in the round if die too
|
|
|
|
zeze18
|
|
April 18, 2017, 05:45:02 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Then use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream That is why i think that any idea of replacement the fiat by digital systems and payments through web is not a good idea. There is always a chance that the network is going to be paralyzed because of some reason, hackers attack,DDoS or just really huge traffic, and that is the reason why we should rely only on the web and online systems. We always should have some kind of emergency, because we cannot predict every event that will occur, thus it is not wise to depend only on one option. Im sure that even if most of the countries on the planet will replace their cash money with bitcoin or different digital asset, some of countries will use their currency, in form of bank notes. I agree with you, it might be time manager and developer of bitcoin find solutions and innovations on how to use bitcoin transactions offline system
|
|
|
|
doomloop
|
|
April 18, 2017, 04:52:36 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
This situation is not real and cannot be verified. It will be the same if we can tell if the life on the Earth ceased. In case of this apocalypse the end is clear. Near the same situation the humanity will be even if internet will be dead. Will be a big mess. But the pools of bitcoin are there and with the begin of internet everything will begin to work the same as before. I think if this situation happen then the engineers and workers of the internet will not be calm , ofcourse they will do great efforts for its repairing and I think this situation will be temporary.
|
|
|
|
jak3
Legendary
Offline
Activity: 1274
Merit: 1004
|
|
April 18, 2017, 05:29:34 PM |
|
if the whole internet goes down then i am afraid the full bitcoin network will be dead as there is no definate server there to keep it alive. and lets suppose if it serviced the crash then also it will be very very week during the first minutes of startup and anyone can attack the bitcoin network at that minute. by the way if bitcoin goes down then we only have faint currency left on the market
|
|
|
|
cryp24x
|
|
April 18, 2017, 07:51:57 PM |
|
If the internet is bound to die, and the developers are aware of it, then probably they will definitely find way to solve it. They can either use other method of connecting to other people like bluetooth, intranet, etc. This is more likely not to happen but if ever, there is a not more likely solution for this. If bitcoin is the main currency, government will do everything to stop its demise.
|
|
|
|
Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
|
|
April 18, 2017, 08:26:22 PM |
|
if the whole internet goes down then i am afraid the full bitcoin network will be dead as there is no definate server there to keep it alive. and lets suppose if it serviced the crash then also it will be very very week during the first minutes of startup and anyone can attack the bitcoin network at that minute. by the way if bitcoin goes down then we only have faint currency left on the market
May I ask in what particular aspect in the bitcoin network will these attackers will attack? I am not a technical person about these type of events so my curiosity was just triggered. As a decentralized cryptocurrency, it only needs internet in order for it to exist. So if this internet being dead, bitcoin will obviously freeze. When the internet is restored, even in just areas, bitcoin will be up and running again right. How come that bitcoin will be weak from the first minute of startup knowing that bitcoin is decentralized and no server to be attacked?
|
|
|
|
Souldream
Legendary
Offline
Activity: 1110
Merit: 1000
|
|
April 18, 2017, 08:36:59 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
We will just have to go back in using cash as mode of payment, This will be the only option in that time if it ever happens.
|
|
|
|
notiely
Member
Offline
Activity: 77
Merit: 10
|
|
April 18, 2017, 08:42:10 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. I guess maybe cash would be dead earlier than the internet.
|
|
|
|
KennyR
|
|
April 18, 2017, 10:01:15 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. I guess maybe cash would be dead earlier than the internet. Cash system never dies. It is the base for entire economy as well the financial functioning in a country. Now the cash system too have interlinked with the internet. So even for successful cash transactions internet is a must, so the internet gets high updation rather than going dead.
|
.SUGAR. | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | ███████████████████████████ ███████████████████████████ ██████ ██████ ██████ ▄████▀ ██████ ██████▄▄▄███▀ ▄█ ██████ ██████████▀ ▄███ ██████ ████████▀ ▄█████▄▄▄██████ ██████▀ ▄███████▀▀▀██████ ██████ ▀▀▀▀▀▀▀▀▀ ██████ ██████ ██████ ███████████████████████████ ███████████████████████████ | . Backed By ZetaChain | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | | ██ ██
██ ██
██ ██
██ ██
██ ██
██ ██ | | | |
|
|
|
Wowcoin
|
|
April 18, 2017, 10:18:24 PM |
|
If that happen bitcoin become useless because we know that bitcoin if no internet connection bitcoin become dead. So internet is very important to our life especially to those have knowledge about bitcoin.
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
|
April 18, 2017, 11:15:56 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. I guess maybe cash would be dead earlier than the internet. I'm not positive about it but I think cash slightly predates the internet.
|
|
|
|
machinek20
|
|
April 18, 2017, 11:39:16 PM |
|
If the internet is dead then we will just back to used cash, bitcoin is a digital transaction to used it we need electricity and internet, so if the internet is down then we wont be able to used it, then we will used the old way, using cash to do transaction, there is no other way to solve this
|
|
|
|
the rise
|
|
April 19, 2017, 02:28:14 AM |
|
If the internet is dead then we will just back to used cash, bitcoin is a digital transaction to used it we need electricity and internet, so if the internet is down then we wont be able to used it, then we will used the old way, using cash to do transaction, there is no other way to solve this
We live in digital era, most likely will happen is an increase in internet services rather than vice versa, it is true if there is no internet we couldn't access bitcoin, but I think if the time that happens, bitcoin has created coins and paper that are regulated by government, in the future of all internet technology will be more free and more advanced than the wi-fi system.
|
|
|
|
Vixmore
|
|
April 19, 2017, 02:31:14 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I don't think that anyone could predict what would happen if the internet network died. But the chances of that happening is very low.
|
|
|
|
aioc
|
|
April 19, 2017, 02:58:45 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
The only solution is not to let this things happen,we need fiat and we also need bitcoin,let them co exist because it benefits all of us,I don't want bitcoin to be the main payment processor of the world,because the internet here in our country is very slow.
|
|
|
|
pinggoki
Sr. Member
Online
Activity: 1470
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
|
|
April 19, 2017, 03:15:16 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. Indeed, if internet is totally dead everyone will find a other way like using a cash on their daily transaction. However, I think will never gonna happen because if it occur the bitcoin will die. We all know that the only way to use bitcoin is through internet connection. Furthermore we were in the modern world they will never let that happen because it is the fastest way to communicate to others.
|
|
|
|
ufaiz50
|
|
April 19, 2017, 03:23:34 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
we will go back to using cash/fiat, we need the internet to access bitcoin and Internet network paralyzed it will be difficult to happen because it was a setback for the modern world/technology era if indeed paralyzed it will not run long.
|
|
|
|
. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
|
|
|
GreenBits
Legendary
Offline
Activity: 1148
Merit: 1048
|
|
April 19, 2017, 03:29:57 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
The only solution is not to let this things happen,we need fiat and we also need bitcoin,let them co exist because it benefits all of us,I don't want bitcoin to be the main payment processor of the world,because the internet here in our country is very slow. Amen. Cash and digital currency/stored value are two different beasts, and serve completely different functions. .a bit of a maximalist, but I never want us to go.completely cashless. There are too many benefits, and I like the privacy cash provides from an increasingly intrusive government.
|
|
|
|
shamzblueworld
|
|
April 19, 2017, 03:36:51 AM |
|
People will actually stop and wait for a small amount of time for Internet to be working again, and if it does not and people realize that its gone, we'll be back to the good old barter system then. Cash won't be a prominent option either as most of it is in the banks and it is highly unlikely that you would be able to get it all without Internet.
|
|
|
|
btctousd81
|
|
April 19, 2017, 05:12:08 AM |
|
you can always use cash, and plastic money, i wonder what would happen if btc becomes main currency, will it wipe out real curency or at least plastic bank cards ?
|
|
|
|
coynedterm
|
|
April 19, 2017, 05:44:32 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
In my opinion this is impossible according to the Current Status of the technology in the whole world . But here if you can suppose that the all internet of the world got stopped then it will not result in high flutuation in the bitcoin price , it is because the buyers and sellers will remain constant in the trading exchange , this will results into constant supply and and demand of the buyers and sellers . But no doubt for some altcoins it may results into big pump .
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
April 19, 2017, 05:53:26 AM |
|
you can always use cash, and plastic money, i wonder what would happen if btc becomes main currency, will it wipe out real curency or at least plastic bank cards ?
it would, or at least the some country would not produced them anymore, think about the enormous amount of money saved, to produce stupid debit/credit card, and all the people that work for them bitcoin could really make them save a lot, therefore all the country that in the future decide to move on, on bitcoin, will be richer, the money would also be exchanged directly via bitcoin without the need to convert to the local currency
|
|
|
|
DoublerHunter
|
|
April 19, 2017, 07:48:04 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
we will go back to using cash/fiat, we need the internet to access bitcoin and Internet network paralyzed it will be difficult to happen because it was a setback for the modern world/technology era if indeed paralyzed it will not run long. Cash or fiat will be the last option to us if internet will be totally dead but there will still complications because most of the banks now are dependent to the technology and most of them depend on the internet to have a faster transaction so i think if internet is gone it will take a lot of hours for the banks to just give money to their depositors and it will be a long time to back to the normal scenario because internet is one of the most used thing in the world.
|
|
|
|
emezh10
|
|
April 19, 2017, 07:53:14 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I think that is impossible because the bitcoin is internet base and the internet will not be paralyze or stock because it can handle the users and the internet us upgrading too sa that is impossible for me.
|
|
|
|
speem28
|
|
April 19, 2017, 08:02:13 AM |
|
It's really hard to answer your question as it is not possible that the internet will be frozen for even a single minute, let alone that it can be paralyzed. As we are now in the modern era and are still going forward to modernization, we become more and more dependent on the INTERNET. I also doubt that there will be any circumstance that may paralyze or froze the internet, even so, we have lots of experts in the field that can immediately make a solution to such unexpected situation.
|
|
|
|
roadbits
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
April 19, 2017, 09:04:55 AM |
|
It's really hard to answer your question as it is not possible that the internet will be frozen for even a single minute, let alone that it can be paralyzed. As we are now in the modern era and are still going forward to modernization, we become more and more dependent on the INTERNET. I also doubt that there will be any circumstance that may paralyze or froze the internet, even so, we have lots of experts in the field that can immediately make a solution to such unexpected situation.
Yup very hard to answer this question, and it is good to question anything can happen in this world. But according to me also this will never and ever happen. Because now most of the work depends on the internet. If suppose internet stopped means we can't imagine that situation. But for every problem, there will be a solution. So we will get some other option to use Bitcoin.
|
|
|
|
bartolo
|
|
April 19, 2017, 09:11:01 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
In this scenario it is clear that payments could not be made with money, that would mean that in day-to-day people would use the barter system until the situation was fixed. Anyway, if this happened today, the same thing would happen. To this day internet is a must for everything. Everything is connected by the network, if the internet stopped working nothing would work, the world would be paralyzed.
|
|
|
|
dunfida
Legendary
Offline
Activity: 3080
Merit: 1130
|
|
April 19, 2017, 09:11:30 AM |
|
It's really hard to answer your question as it is not possible that the internet will be frozen for even a single minute, let alone that it can be paralyzed. As we are now in the modern era and are still going forward to modernization, we become more and more dependent on the INTERNET. I also doubt that there will be any circumstance that may paralyze or froze the internet, even so, we have lots of experts in the field that can immediately make a solution to such unexpected situation.
Yup very hard to answer this question, and it is good to question anything can happen in this world. But according to me also this will never and ever happen. Because now most of the work depends on the internet. If suppose internet stopped means we can't imagine that situation. But for every problem, there will be a solution. So we will get some other option to use Bitcoin. I cant think off on the situation when theres no internet and yes possibilities of getting that happen is there but would hard to believe to happen on these days and you are right most of works now does really need internet and without it which means all factors or components would be much affected not only on works but all on things that involves internet and its normal that bitcoin wont work when theres no network.
|
|
|
|
Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
|
|
April 20, 2017, 05:45:16 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
In this scenario it is clear that payments could not be made with money, that would mean that in day-to-day people would use the barter system until the situation was fixed. Anyway, if this happened today, the same thing would happen. To this day internet is a must for everything. Everything is connected by the network, if the internet stopped working nothing would work, the world would be paralyzed. Yes and governments, organizations and international bodies will not let that happen. If at any point that the internet is paralyzed, the governments will do anything just to fix this problem. Since there are many experts that specializes is the field of technology then fixing the internet is not too difficult for them.
|
|
|
|
Frank Alister
Member
Offline
Activity: 99
Merit: 10
|
|
April 20, 2017, 07:12:26 PM |
|
It will be very difficult for us, who use btc, because we will lose our money. Also we will return, to time which believe anything they say in the newspapers and tv. We won't the opportunity to communicate and our economy will have bad results. Also many people are working only online, so they will lose their jobs too. In the end, only bad things will happen
|
|
|
|
ethereumhunter
|
|
April 20, 2017, 07:42:18 PM |
|
It will be very difficult for us, who use btc, because we will lose our money. Also we will return, to time which believe anything they say in the newspapers and tv. We won't the opportunity to communicate and our economy will have bad results. Also many people are working only online, so they will lose their jobs too. In the end, only bad things will happen the hard thing that maybe we should have is we can not communicate with other people in other city or other country, many of communication and economic will disable and we are back in stone ages. i can not imagine if this is happen because we live in this year with so many easier thing that allow us to make relationship with other people.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
PeRo
|
|
April 20, 2017, 09:00:08 PM |
|
I think that we would still have cash as an alternative, so just use cash. But the internet couldn't be paralyzed for a long time if even possible, so I would not panic about that. If it was possible, I would not put all my money in Bitcoin, even if it would be the main currency, cash would still be more safe.
|
|
|
|
The_Dark_Knight
|
|
April 20, 2017, 10:38:47 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think this is can not happened because many people so smart to repair about network , they understand about it and they learn it.. so very impossible if network dead There are few scenarios that can make that possible to make the network dead. One of the scenario is a war like world war three, if that happen then it will be a chaotic situation for us because a lot of structures will be destroyed and everything can be destroyed by the powerful weapons that the different country have. If this scenario will going to happen then it will be easy for them to make the network die. hahaa world war three? you're kidding man? may be you right because if world war three wll going to happen all in the round if die too I will hate World War 3 to happen but it is not just a fantasy the possibility is there, just stop and think there have already been two world wars so a third one is not out of the question, in fact back in the day before the first world war, some were predicting that a conflict like no other was on the horizon no one believed them and they were right.
|
|
|
|
susila_bai
|
|
April 20, 2017, 10:44:13 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think this is can not happened because many people so smart to repair about network , they understand about it and they learn it.. so very impossible if network dead There are few scenarios that can make that possible to make the network dead. One of the scenario is a war like world war three, if that happen then it will be a chaotic situation for us because a lot of structures will be destroyed and everything can be destroyed by the powerful weapons that the different country have. If this scenario will going to happen then it will be easy for them to make the network die. hahaa world war three? you're kidding man? may be you right because if world war three wll going to happen all in the round if die too I will hate World War 3 to happen but it is not just a fantasy the possibility is there, just stop and think there have already been two world wars so a third one is not out of the question, in fact back in the day before the first world war, some were predicting that a conflict like no other was on the horizon no one believed them and they were right. Even if their is world war 3 to happen that will be the deadliest one as even you wont be knowing that you are living in the world war 3 zone as their are so many option of todays war like attacking other network sites and so on that is going on todays war situations.
|
|
|
|
bitcoindusts
|
|
April 20, 2017, 11:05:18 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
i think this is can not happened because many people so smart to repair about network , they understand about it and they learn it.. so very impossible if network dead There are few scenarios that can make that possible to make the network dead. One of the scenario is a war like world war three, if that happen then it will be a chaotic situation for us because a lot of structures will be destroyed and everything can be destroyed by the powerful weapons that the different country have. If this scenario will going to happen then it will be easy for them to make the network die. hahaa world war three? you're kidding man? may be you right because if world war three wll going to happen all in the round if die too I will hate World War 3 to happen but it is not just a fantasy the possibility is there, just stop and think there have already been two world wars so a third one is not out of the question, in fact back in the day before the first world war, some were predicting that a conflict like no other was on the horizon no one believed them and they were right. The possibility of world war is always there, one big mistake from a super powers will trigger a war where every country will be involved, this will certainly destroy lots of infrastructure and communication will be also affected. The tendency of the network of internet to be down is possible and if Bitcoin has not found other way than internet to connect to then it will be a disaster to Bitcoin Network. Network will stop, but it will not die since Bitcoin will always be there.
|
|
|
|
pinkpanther03
|
|
April 26, 2017, 01:07:56 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
well, that's not going to be happen at all. Because if that happen bitcoin is not the business online will get affect but of course all bank companies would also get affected by it, and all business industry who are connected into internet access.
|
|
|
|
jc89
|
|
April 26, 2017, 03:50:04 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
well, that's not going to be happen at all. Because if that happen bitcoin is not the business online will get affect but of course all bank companies would also get affected by it, and all business industry who are connected into internet access. Precisely. They will not let that happen. Even the government will not let that happen. People had been more dependent to the internet nowadays so by any chance that the networks freezes then the experts will provide all their knowledge and effort and fix the issue immediately.
|
. ▄▄▄▓▓▓▓▓▓▓▓▓▓▄▄ ▄▄▓▓▀░░░░░░░░░░░░░░▓▓▓▓ ▄▓▓░░░░░▄▄████████▄▄░░░░░░▓▓ ▄▓▀░░░░██████████████████▄░░░▓▓▌ ▓▓░░░▄██████████████████████▄░░░▓▓▄ ▓░░░░███████████▓██████████████░░░░▓▄ ▓▓░░░████████████████████████████▌░░░▓ ▐▓░░░▓████████████░░░░░████████████░░░▓▓ ▓▓░░░█████████████▓████▓███████████▌░░▐▓ ▓▓░░░█████████████▓████████████████▌░░▐▓ ▐▓░░░▓████████████▓░██░████████████░░░▓█ ▓▓░░░████████████▓░██████████████▌░░░▓▌ ▓▓░░░███████████▓██████████████▀░░░█▌ ▓▓░░░░█████████▓░▄███████████░░░░█▀ ▓▓░░░░░██████████████████▀░░░░▓█ ▓▓░░░░░░▀██████████▀▀░░░░░▓█▀ ▀▓▓░░░░░░░░░░░░░░░░░░▓█▀ ▀▓▓▓▓▓▓▓▓▓▓▓██▀▀▀ | | ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ | |
|
|
|
bartolo
|
|
April 26, 2017, 04:36:22 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
well, that's not going to be happen at all. Because if that happen bitcoin is not the business online will get affect but of course all bank companies would also get affected by it, and all business industry who are connected into internet access. Precisely. They will not let that happen. Even the government will not let that happen. People had been more dependent to the internet nowadays so by any chance that the networks freezes then the experts will provide all their knowledge and effort and fix the issue immediately. The question is what could happen if the internet network were paralyzed today, I think that nothing could work out, banks couldn´t send money between then and even people wouldn´t be able to take their money out, the world would became chaotic.
|
|
|
|
Mometaskers
|
|
April 26, 2017, 04:48:54 PM |
|
Whether the hypothetical internet dying will cause much harm would depend on how much currency is already reliant on the internet. If it happened at and age where we no longer have physical fiat, then yes, that would cause a hell lot of problem. Even now when we still have cash, it already causes havoc when it goes down for a long time.
Though I suppose our experts will find a safeguard around such collapse. Maybe it would be possible to just use a local network for transactions and then just update information once the internet goes back. Of course this would only be a temporary solution, like emergency lights going on when power goes out.
|
|
|
|
optigon
|
|
April 26, 2017, 09:59:43 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
|
|
|
|
megynacuna
|
|
April 26, 2017, 10:23:32 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Actually the blockchain technology is on the verge of becoming the second generation Internet and if it succeeds in that direction then the global internet will be like Bitcoin or BitTorrent which are decentralized and cannot be switched off by one party.
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
|
April 26, 2017, 10:36:26 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Cash is king and will always be ^^. But Bitcoin will still be ideal for daily usage as long as there is working infrastructure. Mumble Solar Flare aside.
|
Believing in Bitcoins and it's ability to change the world
|
|
|
poplolnman
Legendary
Offline
Activity: 1442
Merit: 1008
|
|
April 26, 2017, 10:55:21 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Actually the blockchain technology is on the verge of becoming the second generation Internet and if it succeeds in that direction then the global internet will be like Bitcoin or BitTorrent which are decentralized and cannot be switched off by one party. it's just the system , not how internet and blockchain network works lol . the blockchain network can't be accessed without internet connection , and that's why the internet things really matter for the bitcoin continuity. some people express their concern about this matter many times , yet there's no reliable answer coming.
|
I'm in 400,000 euros debt , dont help me , i rather die
|
|
|
Lauren Smith
|
|
April 26, 2017, 11:06:26 PM |
|
Nevermind just Bitcoin of the internet network dropped many things would not work. Many security systems and servers for all sorts of things. You wouldn't be able to pay for anything or be paid. You would have to resort to trading untill the problem is fixed. The reprecussion would be inmmense. The whole world would grind to a halt.
|
|
|
|
MingLee
|
|
April 26, 2017, 11:06:48 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Actually the blockchain technology is on the verge of becoming the second generation Internet and if it succeeds in that direction then the global internet will be like Bitcoin or BitTorrent which are decentralized and cannot be switched off by one party. it's just the system , not how internet and blockchain network works lol . the blockchain network can't be accessed without internet connection , and that's why the internet things really matter for the bitcoin continuity. some people express their concern about this matter many times , yet there's no reliable answer coming. Well, technically, you can access the blockchain through other means, however it would require some centralized infrastructure and that isn't anything close to what most people would want. For example, you could use carrier pigeons to access the blockchain, but it would be slow, require someone to tally down the information for you, and you'd need to make sure the pigeons got fed.
|
|
|
|
theunbeatable
Sr. Member
Offline
Activity: 546
Merit: 258
I could either watch it happen or be a part of it
|
|
April 29, 2017, 04:30:22 AM |
|
That would be disastrous to these community and to all people who are using Bitcoin. But I've never experienced that the whole internet will go down before. I think it's okie when the maintenance turn back on the internet in the short of time, but if it is something last more than a day or permanently? Now we have a problem.
The solution depends on the maintenance and engineers of Google and internet. I think they already have backup when that happened and I think they will do their best to bring back the internet as soon as possible.
|
|
|
|
AK47-
|
|
April 29, 2017, 05:39:22 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Cash is king and will always be ^^. But Bitcoin will still be ideal for daily usage as long as there is working infrastructure. Mumble Solar Flare aside. Yes, cash is always needed. Wherever the internet, the digital payments or bitcoin reaches. There should always be a backup in the form of cash. Cash can help in such situations.
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
April 29, 2017, 06:00:06 AM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Actually the blockchain technology is on the verge of becoming the second generation Internet and if it succeeds in that direction then the global internet will be like Bitcoin or BitTorrent which are decentralized and cannot be switched off by one party. i don't think it's possible to move on the blockchain the same amount of data you can with your connection done by your ISP, would be fabulous to have the blockchain to act as a global internet 2.0 service i guess could be done with the help of altcoin, one for each new service that you want to build on, would be like freenet, but with better trust here, miners node would act as trusted one for example the beauty of this is that the blockchain could also function as a storage of information and not only sharing like internet itself
|
|
|
|
noormcs5
|
|
April 29, 2017, 06:23:14 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
well, that's not going to be happen at all. Because if that happen bitcoin is not the business online will get affect but of course all bank companies would also get affected by it, and all business industry who are connected into internet access. Whole of the world depends upon the network and Internet and it is hard to believe that all this is totally dead. The only day this could happen will be on the dooms day, the day of judgement.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
DoublerHunter
|
|
April 29, 2017, 01:29:05 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
well, that's not going to be happen at all. Because if that happen bitcoin is not the business online will get affect but of course all bank companies would also get affected by it, and all business industry who are connected into internet access. Whole of the world depends upon the network and Internet and it is hard to believe that all this is totally dead. The only day this could happen will be on the dooms day, the day of judgement. Indeed. Internet is one of the center of the different kinds of activities in our world like the different businesses and a lot of markets like stock market, forex, and even the bitcoin and altcoin market, if someday the network will be gone and it will be a chaotic situation because people will be on a panic state because it is a huge effect to the world even the internet will be down for at least a week.
|
|
|
|
PremiumCodeX
|
|
April 29, 2017, 02:44:43 PM |
|
It is the choice between pussies and vaginas.
Internet is an important network, but it is not THE network. This week, I made a presentation at a national military tech conference where someone made a presentation about a blockchain system in a field mobile military network. The exciting part was how a group of military units (could include armored vehicles, tanks, flying drones...etc.) can maintain secure communication system using a blockchain without internet connection. So, when internet goes off, you can cry like a pussy or stock up a military unit in your basement and run the blockchain with your tanks.
If internet network can get destroyed, it useful to have a few tanks, anyway (:
|
|
|
|
radjie
|
|
April 29, 2017, 03:13:07 PM |
|
That would be disastrous to these community and to all people who are using Bitcoin. But I've never experienced that the whole internet will go down before. I think it's okie when the maintenance turn back on the internet in the short of time, but if it is something last more than a day or permanently? Now we have a problem.
The solution depends on the maintenance and engineers of Google and internet. I think they already have backup when that happened and I think they will do their best to bring back the internet as soon as possible.
Before we think that the internet worry about will die, maybe scientists have previously thought about it. They're certainly not just a silent thought of a solution so that the internet is not going to die. They even have the internet plan in the future will be better from now on.
|
Sr Member | | | EPSILOAN | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | |
|
|
|
timerland
|
|
April 29, 2017, 04:11:54 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Yes, but the problem that we discuss in this thread has not a lot in common with the things you are talking about. Higher speed of the internet and better features in it does not help it when something unexpected happens, which may cause internet to go down on the whole planet. The infrastructure needs to be modernized, because without proper security measures and safety plans, in the event of war there might really bad things happen for bitcoin, as a cryptocurrency. But to be honest, I think that it may only affect BTC in case of a really big war, which may become a national conflict. I think that with the stable internet, most of the cryptocurrencies are safe unless people lose trust to them for some reason.
|
|
|
|
Theb
|
|
April 29, 2017, 04:13:53 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Yes, but the problem that we discuss in this thread has not a lot in common with the things you are talking about. Higher speed of the internet and better features in it does not help it when something unexpected happens, which may cause internet to go down on the whole planet. The infrastructure needs to be modernized, because without proper security measures and safety plans, in the event of war there might really bad things happen for bitcoin, as a cryptocurrency. But to be honest, I think that it may only affect BTC in case of a really big war, which may become a national conflict. I think that with the stable internet, most of the cryptocurrencies are safe unless people lose trust to them for some reason. I guess that this has happened in the past several times. But not involving internet of course. During times of crisis like wars and plagues where money ends up useless and what the people want is commodities. I have seen it in history in which they will go after to their personal needs more rather than take advantage and increase the price. Even in natural calamities like earthquakes and hurricanes populations that are ravaged by it tends to look for what they really need in order to survive.
|
|
|
|
bartolo
|
|
April 29, 2017, 05:09:46 PM |
|
It is the choice between pussies and vaginas.
Internet is an important network, but it is not THE network. This week, I made a presentation at a national military tech conference where someone made a presentation about a blockchain system in a field mobile military network. The exciting part was how a group of military units (could include armored vehicles, tanks, flying drones...etc.) can maintain secure communication system using a blockchain without internet connection. So, when internet goes off, you can cry like a pussy or stock up a military unit in your basement and run the blockchain with your tanks.
If internet network can get destroyed, it useful to have a few tanks, anyway (:
I guess that what they use in this case is an intranet and a private blockchain and they have devised such a system for cases in which the internet can fall and to make unauthorized access to their data more difficult.
|
|
|
|
SvenBomvolen
|
|
April 29, 2017, 05:14:43 PM |
|
The internet appeared not so long time ago and now it is playing big role in the life of all society. I don't think that we will be able to find some alternative to bitcoin in the case if the internet connection will be lost. In my brain appear only the idea of coming back to old methods of banking with gold and fiat and paper work.
|
|
|
|
dragonusa9
|
|
April 29, 2017, 06:03:03 PM |
|
nobody can cash out the bitcoin into fiat and lot of people will suffer the loss that the cause from dead internet connection. and, all the thing in this planet gonna be doomed cause for daily we need internet to communicate and working.
|
|
|
|
slapper
Legendary
Offline
Activity: 1918
Merit: 1096
Leading Crypto Sports Betting & Casino Platform
|
|
April 29, 2017, 06:07:09 PM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
angaper
|
|
April 29, 2017, 09:20:51 PM |
|
In that case, everything in the world would suffer great damages because of our increasing dependence on technologies based on the Internet. Even the fiat money might be insufficient because of the great dependence of the current financial system on these technologies.
|
|
|
|
killgald
|
|
April 29, 2017, 09:34:29 PM |
|
there gonna be another type of money, not digital, like a natural source kind of money, the people in the world will used again the banknotes.
|
|
|
|
FasTroy
|
|
April 29, 2017, 09:41:32 PM |
|
In that case, everything in the world would suffer great damages because of our increasing dependence on technologies based on the Internet. Even the fiat money might be insufficient because of the great dependence of the current financial system on these technologies.
I agree with you, I think it is a big problem, if one day the network internet totally dead. Definitely "the world would suffer great damages because of our increasing dependence on technologies based on the Internet" like you said. Local currencies it's not enought when we talk about the financial system. World need technologie, so the internet is based from it.
|
|
|
|
clickerz
|
|
April 29, 2017, 11:48:36 PM |
|
In that case, everything in the world would suffer great damages because of our increasing dependence on technologies based on the Internet. Even the fiat money might be insufficient because of the great dependence of the current financial system on these technologies.
Correct, so much losses and damage since it is $20 billion dollar market capitalization or more is lost. When network is dead, then this cryptocurrency become useless in my opinion. The IT industry is back to stone age.
|
Open for Campaigns
|
|
|
NEWGOODOUBLE
|
|
April 30, 2017, 01:14:44 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
I think the internet is the technology of the future and I'm sure the internet will not die. As all financial transaction activity now begins to use online
|
|
|
|
romero121
Legendary
Offline
Activity: 3164
Merit: 1213
|
|
April 30, 2017, 02:21:49 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
I think the internet is the technology of the future and I'm sure the internet will not die. As all financial transaction activity now begins to use online Every transaction has a connection with the internet, so a downfall in the internet development will surely cause a drastic failures in the financial services lended all around through different sources. So as said by most users the chances of internet death is something that would never happen anytime.
|
|
|
|
cpfreeplz
Legendary
Offline
Activity: 966
Merit: 1042
|
|
April 30, 2017, 02:28:22 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
I think the internet is the technology of the future and I'm sure the internet will not die. As all financial transaction activity now begins to use online Exactly. Everything else uses the internet so why wouldn't they be dead too? Then would people soley use cash? I doubt it. It would just get fixed or something better would come out of it.
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
|
April 30, 2017, 02:28:56 AM |
|
This is a scary thread. If the internet went away bitcoin would be my last worry. Where would I get my fapping pictures from? I may never cum again! I don't even want to think about it.
|
|
|
|
Cold-Heart
Member
Offline
Activity: 92
Merit: 10
|
|
April 30, 2017, 04:07:01 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For me, Hmm.. revive it!! .. well if it died totally then all our efforts and stuff about bitcoin will be gone.. unless we already converted it to real money before it happens .. but i guess we shouldn't depend on bitcoins and put some time and effort in real money rather than digital
|
|
|
|
DoublerHunter
|
|
April 30, 2017, 08:51:30 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For me, Hmm.. revive it!! .. well if it died totally then all our efforts and stuff about bitcoin will be gone.. unless we already converted it to real money before it happens .. but i guess we shouldn't depend on bitcoins and put some time and effort in real money rather than digital I agree with you that we should not depend on bitcoin only because there is a worst case scenario like this topic that someday the internet will go down and all our money in bitcoin will be gone and that is a huge loss for us because we put a lot of effort in earning bitcoin and the internet will just go down so it is better to do back up earnings in real money aside from bitcoin.
|
|
|
|
YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
|
|
April 30, 2017, 09:11:20 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If there are no internet then use the alternative way, use Fiat just like when the cellphone communication had been paralyze just use snail mail that I think it is still available until today for some bill information when you are receiving certain electric, water, internet bill I think it can not be a problem because there are the old fashion way to do it!
|
|
|
|
Betwrong
Legendary
Offline
Activity: 3276
Merit: 2150
I stand with Ukraine.
|
|
April 30, 2017, 09:35:31 AM |
|
in theory with two people connecting the client via lan, it's like having a home network for bitcoin, there must be a way to allow the client to recognize a sub network in case internet service provider can't povide their service
i'm sure that if there was no internet, with a WAN between miners, they can build the network of bitcoin withou internet, it's not so different than a mesh network
Thank you. I think your comment is really on topic and at least is trying to answer the OP's question unlike many comments here a la "this will never happen" or "this would be the end of the world".
|
. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
|
|
|
|
salmanahmedone
|
|
April 30, 2017, 09:38:41 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
This can only happen in a world War IV where all the countries are destroyed by high explosive bombs and destroy all the structure which may result in no internet and no Bitcoins.
|
|
|
|
maydna
|
|
April 30, 2017, 09:52:13 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
I think the internet is the technology of the future and I'm sure the internet will not die. As all financial transaction activity now begins to use online Every transaction has a connection with the internet, so a downfall in the internet development will surely cause a drastic failures in the financial services lended all around through different sources. So as said by most users the chances of internet death is something that would never happen anytime. i agree with you and if there is no internet, its mean that every transaction that has been made is pending and we can not see the transaction is getting confirmed and the amount of bitcoin that send is still pending. i can not imagine if this is really happen and i think chaos will be happen in all places and the all aspect will be gets problems too as for now, internet is like primary things that people use in daily life. every financial is also getting a big problem too so many people in all country will have the big problem too.
|
|
|
|
Pattart
|
|
April 30, 2017, 10:31:45 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
True, not just cryptocurrency that uses the internet to live. But the financial data of all countries or banks using the internet as well. So I think the internet will not die
|
|
|
|
paul gatt
|
|
April 30, 2017, 11:06:44 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
True, not just cryptocurrency that uses the internet to live. But the financial data of all countries or banks using the internet as well. So I think the internet will not die The internet has spread around the world, and it has become an integral part of the present life. Assuming it really happened, I'm afraid it will affect the whole of life. When people are accustomed to something, it is difficult to give up. However, that is just history, it will never happen. So, do not worry about it!
|
|
|
|
zidanw
Sr. Member
Offline
Activity: 1162
Merit: 258
1xbit.com
|
|
April 30, 2017, 11:57:30 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
True, not just cryptocurrency that uses the internet to live. But the financial data of all countries or banks using the internet as well. So I think the internet will not die The internet has spread around the world, and it has become an integral part of the present life. Assuming it really happened, I'm afraid it will affect the whole of life. When people are accustomed to something, it is difficult to give up. However, that is just history, it will never happen. So, do not worry about it! The internet will not die because we live in the digital era and I can't think how it happened, the internet is in need now nobody wants to make it die and the internet can help a country to get better in many ways.
|
|
|
|
speem28
|
|
April 30, 2017, 01:41:44 PM |
|
I don't think that it will ever happen as the internet is improving day by day and in future we will see internet with some great features and higher speed so there is only a room for improvement from here and it will never go back and it will never become dead.
Yes, but the problem that we discuss in this thread has not a lot in common with the things you are talking about. Higher speed of the internet and better features in it does not help it when something unexpected happens, which may cause internet to go down on the whole planet. The infrastructure needs to be modernized, because without proper security measures and safety plans, in the event of war there might really bad things happen for bitcoin, as a cryptocurrency. But to be honest, I think that it may only affect BTC in case of a really big war, which may become a national conflict. I think that with the stable internet, most of the cryptocurrencies are safe unless people lose trust to them for some reason. I think what he meant by "internet is improving day by day and will have great features" in the future is that as the internet becomes more stable and secured. Meaning, having such features and improvements, it will be totally impossible that such a phenomenon will occur. Also we are now getting more and more modernized, so we will be so dependent to internet because the technology that we are inventing always uses internet.
|
|
|
|
Barbut
|
|
April 30, 2017, 02:05:43 PM |
|
There is inter net, outer net, closed networks, open networks, so there is big chance that future will bring some new connections. But in any case I don't think that network as it is can be dead, or be killed easily, people have many things online and copies offline, servers are all over the world, so keep calm and relax, nothing will happen with our dear internet in next 30 years for sure, and for 30 years we will have something new.
|
|
|
|
lienfaye
|
|
April 30, 2017, 02:09:12 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
In this generation internet is really important and very useful, its like a library and you can find there all information in just a second. if it does not existing anymore i think it will be hard because people used to it. when it comes to btc transaction, its impossible to send or receive bitcoins without the Internet, before that happens they should find possible solution so btc wont become useless if something like that happen
|
|
|
|
bitbunnny
Legendary
Offline
Activity: 2898
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
April 30, 2017, 04:49:52 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
|
|
|
|
erickkyut
|
|
May 01, 2017, 02:58:53 AM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
But we cannot set aside the fact that Bitcoin has abig possibility to become the future universal currency. What should we do if that happens? Bitcoin as the universal currency then there will be total failure in the network internet.
|
|
|
|
SoulBargain
|
|
May 01, 2017, 08:40:37 AM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
But we cannot set aside the fact that Bitcoin has abig possibility to become the future universal currency. What should we do if that happens? Bitcoin as the universal currency then there will be total failure in the network internet. There is more disastrous matter than Bitcoin actually since it is not that widely used across the world but it is to be taken in account that it is indeed getting the attention of many day by day and realizing its edges and potential to the economical growth. As we know, Internet has been a great part on how the lives of humankind has changed that is in terms of economy, entertainment, and especially communications across the entire globe. It is hard to imagine actually the absence of Internet but the impact of it surely leave a huge dent to us. We might as well comeback with searching our assignments or anything through books, encyclopedias or to the library unless it is also destroyed by a natural disaster or big world war. The easy access of information and knowledge especially news in different parts of the world and the economical contributions that has been impart to different countries will dissipate which will result a decline movement of the economy. We should just hope that this will not happen as we see the potentials of internet that to be discovered and improved to the succeeding years which everybody will enjoy and benefit from it like for example Bitcoin.
|
|
|
|
YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
|
|
May 01, 2017, 09:13:45 AM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
But we cannot set aside the fact that Bitcoin has abig possibility to become the future universal currency. What should we do if that happens? Bitcoin as the universal currency then there will be total failure in the network internet. There is more disastrous matter than Bitcoin actually since it is not that widely used across the world but it is to be taken in account that it is indeed getting the attention of many day by day and realizing its edges and potential to the economical growth. As we know, Internet has been a great part on how the lives of humankind has changed that is in terms of economy, entertainment, and especially communications across the entire globe. It is hard to imagine actually the absence of Internet but the impact of it surely leave a huge dent to us. We might as well comeback with searching our assignments or anything through books, encyclopedias or to the library unless it is also destroyed by a natural disaster or big world war. The easy access of information and knowledge especially news in different parts of the world and the economical contributions that has been impart to different countries will dissipate which will result a decline movement of the economy. We should just hope that this will not happen as we see the potentials of internet that to be discovered and improved to the succeeding years which everybody will enjoy and benefit from it like for example Bitcoin. The New Generations right now will not be the same if there are no internet access or smartphone in their hands, they are totally blind if these kind of necessities would just go gone in an instant, but the oldies would just come back to their old doings just fine, and just like that if bitcoin users would don't have access with the internet I think their money will be gone forever, especially when they have convert all of their fiat for bitcoin imagine that then they would be broke in an instant, that is why I am just earning in bitcoin and just buy a couple of fiat for bitcoin and not all of my base earning are from bitcoin because I got my regular work!
|
|
|
|
Mandy420
Newbie
Offline
Activity: 26
Merit: 0
|
|
May 01, 2017, 01:54:16 PM |
|
I don't think that would happen without any warning. You will have to make your btc cash and safe them. And also you can keep some btc, into your trezor wallet, there your btc are safe from any threat, and if one day internet come back and btc is still alive, you can use them.
|
|
|
|
chixka000
|
|
May 01, 2017, 02:00:28 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Network is the real deal of evolution. So it is almost impossible for it to be gone. It might be upgraded of coursw that happens. We all know that most of our transactions nowadays are network dependent so they surely make sure its effectivity
|
|
|
|
CuriousGeorge
Sr. Member
Offline
Activity: 1498
Merit: 251
KUWA.ai
|
|
May 01, 2017, 02:12:13 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
But we cannot set aside the fact that Bitcoin has abig possibility to become the future universal currency. What should we do if that happens? Bitcoin as the universal currency then there will be total failure in the network internet. i think that what make bitcoin fail to be universal currency because it achieved, scaling problem is just enough to make me sure about it
|
|
|
|
traderethereum
|
|
May 01, 2017, 02:17:54 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
But we cannot set aside the fact that Bitcoin has abig possibility to become the future universal currency. What should we do if that happens? Bitcoin as the universal currency then there will be total failure in the network internet. i think its depend on how growth network internet in future and if there is not good in maintain then i think it could be possible to happen and we can not do anything unless waiting for the network is fixed by each of operator. if this is really happen, then we can not used bitcoin for anything and its only stay in our wallet.
|
|
|
|
ice18
|
|
May 01, 2017, 02:30:28 PM |
|
First of all bitcoin will not going to be the main payment instrument in the world..you know why? Because its not totally supported by every government around the world at the moment..and secondly it is not yet accepted worldwide and last internet will.not be paralyzed by a simple problems only coz its everywhere and no one controls it, only war can stop it I think..
|
|
|
|
Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
|
|
May 01, 2017, 04:48:07 PM |
|
First of all bitcoin will not going to be the main payment instrument in the world..you know why? Because its not totally supported by every government around the world at the moment..
Yes, at the moment. But what if every government around the world supported bitcoin in the future? Will bitcoin become the main payment instrument around the globe? and secondly it is not yet accepted worldwide
As to what you've said, it is NOT YET accepted worldwide, so what if bitcoin will be accepted by every one in the future? Conclusive statements is just your opinion, no basis at all. This type of claims are so biased that will poison young minds (in the world of bitcoin) and would even believe in such baseless statements. Not knowing that the future is very unpredictable. We are talking about a big IFs here, let us have an open conversation and not a closed and one sided one.
|
|
|
|
Zadicar
Legendary
Offline
Activity: 1330
Merit: 1020
|
|
May 01, 2017, 04:51:43 PM |
|
First of all bitcoin will not going to be the main payment instrument in the world..you know why? Because its not totally supported by every government around the world at the moment..
Yes, at the moment. But what if every government around the world supported bitcoin in the future? Will bitcoin become the main payment instrument around the globe? and secondly it is not yet accepted worldwide
As to what you've said, it is NOT YET accepted worldwide, so what if bitcoin will be accepted by every one in the future? Conclusive statements is just your opinion, no basis at all. This type of claims are so biased that will poison young minds (in the world of bitcoin) and would even believe in such baseless statements. Not knowing that the future is very unpredictable. We are talking about a big IFs here, let us have an open conversation and not a closed and one sided one. That is why theres "If" on his statements which means hes just assuming not concluding and besides i do have the same thoughts of him.Once government would reject or prohibit bitcoin to be accepted the tendency or chances to be neglected is very high which we can really assume or say that it wont be a mainstream on upcoming future and might they will create their own government-based e-currency that would act similar to bitcoin and thats the thing might be possible to happen.
|
Legendary / Hero Member | | EPSILOAN | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | | |
|
|
|
flipstyle
|
|
May 01, 2017, 05:19:22 PM |
|
I don't think that scenario would be ever possible in future that internet gets totally disappeared as even the services internet is improving day by day and in future we will find much advanced internet with high speed so I don't think that it can ever go totally dead.
|
|
|
|
Marma Kalari
Sr. Member
Offline
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
|
|
May 01, 2017, 07:08:46 PM |
|
The internet will not die because we live in the digital era and I can't think how it happened, the internet is in need now nobody wants to make it die and the internet can help a country to get better in many ways.
The chances of an internet black out is possible when there is a natural disaster and most of the long distance connection cables are laid under ocean and there are chances that these cables need maintenance once in a while and during those period the connection could suffer significant drop in speed or cannot be connect until it is repaired .If the internet is dead then you wont be able to transfer anything as simple as that.
|
|
|
|
Wesimon
Sr. Member
Offline
Activity: 406
Merit: 250
https://gexcrypto.io
|
|
May 01, 2017, 07:39:34 PM |
|
First of all bitcoin will not going to be the main payment instrument in the world..you know why? Because its not totally supported by every government around the world at the moment..
Yes, at the moment. But what if every government around the world supported bitcoin in the future? Will bitcoin become the main payment instrument around the globe? and secondly it is not yet accepted worldwide
As to what you've said, it is NOT YET accepted worldwide, so what if bitcoin will be accepted by every one in the future? Conclusive statements is just your opinion, no basis at all. This type of claims are so biased that will poison young minds (in the world of bitcoin) and would even believe in such baseless statements. Not knowing that the future is very unpredictable. We are talking about a big IFs here, let us have an open conversation and not a closed and one sided one. That is why theres "If" on his statements which means hes just assuming not concluding and besides i do have the same thoughts of him.Once government would reject or prohibit bitcoin to be accepted the tendency or chances to be neglected is very high which we can really assume or say that it wont be a mainstream on upcoming future and might they will create their own government-based e-currency that would act similar to bitcoin and thats the thing might be possible to happen. Can you tell me where is the "If" you are pertaining to in his statement? Without editing his statement. First of all bitcoin will not going to be the main payment instrument in the world..you know why? Because its not totally supported by every government around the world at the moment..and secondly it is not yet accepted worldwide and last internet will.not be paralyzed by a simple problems only coz its everywhere and no one controls it, only war can stop it I think..
It is clear that his claim is conclusive and not assuming something at all. I am just stressing out that conclusive statements may redirect minds into believing claims that does not have basis at all and does not consider the unpredictability of the future. Though every claims might be possible but still, they are all just possibility.
|
|
|
|
BitFinnese
|
|
May 01, 2017, 07:46:29 PM |
|
There is inter net, outer net, closed networks, open networks, so there is big chance that future will bring some new connections. But in any case I don't think that network as it is can be dead, or be killed easily, people have many things online and copies offline, servers are all over the world, so keep calm and relax, nothing will happen with our dear internet in next 30 years for sure, and for 30 years we will have something new.
I do agree, thee is a slim chance of internet being dead, unless mankind is wiped out. If ever someone had discovered a means to shutdown all of the internet, it will only be for a while since people especially internet providers will do all they can to put up their service up again. It is a business anyway and keeping it up is their purpose so that they will generate more money.
|
|
|
|
Zenithar
|
|
May 01, 2017, 08:40:03 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
but after big disaster not only the internet will effect but i think it will effect all the aspects of live. i think in present time internet has become the basic need of our life and now without internet we even cannot think about. it is now as much important as food, shelter and other basic needs of life. so i thin we should not even think about that bitcoin will come to an end, as it is now the basin need of our life. so we should not think about it.
|
|
|
|
aTriz
|
|
May 01, 2017, 08:56:43 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
but after big disaster not only the internet will effect but i think it will effect all the aspects of live. i think in present time internet has become the basic need of our life and now without internet we even cannot think about. it is now as much important as food, shelter and other basic needs of life. so i thin we should not even think about that bitcoin will come to an end, as it is now the basin need of our life. so we should not think about it. I really think that you have gone too far about this aspect, because you claim that we need internet same as food or place to sleep. You are mistaken, we actually do not internet at all. Indeed, it gives us many opportunities for earning money, also it plays a big part as a entertainment tool, but that is basically all. Why would you sit in front of PC or smarthphone to browse the internet, when in the same time you are hungry and you cannot afford to eat, or you dont have a place to go for the night. Especially in a event of some kind of a conflict, you simply dont even think about using web. You are focused on different things: to make your situation better, and the internet won't help with that issue.
|
|
|
|
PokerFace3
|
|
May 02, 2017, 05:21:23 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
but after big disaster not only the internet will effect but i think it will effect all the aspects of live. i think in present time internet has become the basic need of our life and now without internet we even cannot think about. it is now as much important as food, shelter and other basic needs of life. so i thin we should not even think about that bitcoin will come to an end, as it is now the basin need of our life. so we should not think about it. I really think that you have gone too far about this aspect, because you claim that we need internet same as food or place to sleep. You are mistaken, we actually do not internet at all. Indeed, it gives us many opportunities for earning money, also it plays a big part as a entertainment tool, but that is basically all. Why would you sit in front of PC or smarthphone to browse the internet, when in the same time you are hungry and you cannot afford to eat, or you dont have a place to go for the night. Especially in a event of some kind of a conflict, you simply dont even think about using web. You are focused on different things: to make your situation better, and the internet won't help with that issue. The way I see it, our society today is all based on the internet, we can’t ignore the fact that we can’t live without the internet. I am not saying that we can’t survive without it don’t get me wrong, but if the internet goes down we are going to go back to the old ages, where we can’t communicate with other people from other countries, we won’t know what is happening or talk with others, we will live alone, banks, online shopping social media, global markets, all of that will go down.
|
|
|
|
stephanirain
Sr. Member
Offline
Activity: 756
Merit: 257
Freshdice.com
|
|
May 03, 2017, 02:04:07 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet has paralyzed it could be so possible that bitcoin could die because bitcoin can only be access in the internet so if there are no more internet there will be no bitcoin. It will be too bad to us because all our money in bitcoin will disappear in a second.
|
|
|
|
Taki
|
|
May 03, 2017, 02:14:22 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet has paralyzed it could be so possible that bitcoin could die because bitcoin can only be access in the internet so if there are no more internet there will be no bitcoin. It will be too bad to us because all our money in bitcoin will disappear in a second. That's right, but I suppose in such case of par alizarin the price for crypto currencies will start to grow. And it will stay only two option to us - to move in another country where the internet is still supported and cash out coins or just to wait to the situation stabilize and to hope that the price will not fall to the bottom meanwhile.
|
|
|
|
YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
|
|
May 03, 2017, 03:36:25 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet has paralyzed it could be so possible that bitcoin could die because bitcoin can only be access in the internet so if there are no more internet there will be no bitcoin. It will be too bad to us because all our money in bitcoin will disappear in a second. That's right, but I suppose in such case of par alizarin the price for crypto currencies will start to grow. And it will stay only two option to us - to move in another country where the internet is still supported and cash out coins or just to wait to the situation stabilize and to hope that the price will not fall to the bottom meanwhile. Well that is your decision to make for yourself if it's gonna gain you something why not, but for you to leave a country and there is some kind of opportunity for you why do it, and I think there are some guys that bitcoin is illegal in their country, just used a VPN port and change his countries IP connection then he can now use bitcoin, I think you can do it yourself, just try and search it on the google I think there is some tutorial on how to do it good luck!
|
|
|
|
horace08122
|
|
May 03, 2017, 06:20:44 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet has paralyzed it could be so possible that bitcoin could die because bitcoin can only be access in the internet so if there are no more internet there will be no bitcoin. It will be too bad to us because all our money in bitcoin will disappear in a second. That's right, but I suppose in such case of par alizarin the price for crypto currencies will start to grow. And it will stay only two option to us - to move in another country where the internet is still supported and cash out coins or just to wait to the situation stabilize and to hope that the price will not fall to the bottom meanwhile. Well that is your decision to make for yourself if it's gonna gain you something why not, but for you to leave a country and there is some kind of opportunity for you why do it, and I think there are some guys that bitcoin is illegal in their country, just used a VPN port and change his countries IP connection then he can now use bitcoin, I think you can do it yourself, just try and search it on the google I think there is some tutorial on how to do it good luck! It seems to me that such questions can not be searched on the Internet in order to find information to solve this problem. The fact is that some impure users can deliberately mislead to get to your computer data.
|
|
|
|
klf
Legendary
Offline
Activity: 1344
Merit: 1000
|
|
May 03, 2017, 06:41:15 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet has paralyzed it could be so possible that bitcoin could die because bitcoin can only be access in the internet so if there are no more internet there will be no bitcoin. It will be too bad to us because all our money in bitcoin will disappear in a second. That's right, but I suppose in such case of par alizarin the price for crypto currencies will start to grow. And it will stay only two option to us - to move in another country where the internet is still supported and cash out coins or just to wait to the situation stabilize and to hope that the price will not fall to the bottom meanwhile. Well that is your decision to make for yourself if it's gonna gain you something why not, but for you to leave a country and there is some kind of opportunity for you why do it, and I think there are some guys that bitcoin is illegal in their country, just used a VPN port and change his countries IP connection then he can now use bitcoin, I think you can do it yourself, just try and search it on the google I think there is some tutorial on how to do it good luck! I think you miss understand his statement mate, and he is saying if the internet is not work in his country he will go where the internet is working, and he will cash it and come. But you are saying use VPN to access Bitcoin site, how it's related. Without having the internet we can use Google, it is possible to search a topic in Google.
|
|
|
|
kikeda
Sr. Member
Offline
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
|
|
May 03, 2017, 08:13:14 PM |
|
If internet dies in future then along with that it will also be an end of bitcoins as bitcoin is nothing without internet and we will be watching our coins sitting idle in our wallet and we won't be able to do anything with it.
|
|
|
|
Bionicgalaxy
|
|
May 04, 2017, 04:26:36 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet connection was paralyzed or will be dead, it will be possible that bitcoin will be dead too. Because bitcoin can only be access in internet so the only way to use or access to bitcoin is by reviving the internet connection.
|
|
|
|
ubercool
|
|
May 04, 2017, 04:39:04 AM |
|
Do you mean Fire-sale Terrorism?? Because it is a possibility in any country. The Internet is a mode of transportation for everything, even the fiat transactions need internet for various purposes. We should not rely on one thing for 100%, we should have some alternative.
|
|
|
|
Oralmat
|
|
May 04, 2017, 04:49:55 AM |
|
In this time, we don't think that internet will be die, now and also in future. Because our life and our working is total depend on internet. If you see in every field of working, we are using internet than how could it possible that internet will be die. Also about bitcoin, so i don't think that we have alternative anything of internet, where we use our bitcoin.
|
|
|
|
DoublerHunter
|
|
May 04, 2017, 10:26:39 AM |
|
In this time, we don't think that internet will be die, now and also in future. Because our life and our working is total depend on internet. If you see in every field of working, we are using internet than how could it possible that internet will be die. Also about bitcoin, so i don't think that we have alternative anything of internet, where we use our bitcoin.
The internet can be dead if a very big war will happen like the world war 3 where all of the biggest countries are fighting each other, it will affect the whole world market and it can damage a lot of properties and especially the internet which can shutdown and that is when we are going to suffer a big loss in bitcoin.
|
|
|
|
Theb
|
|
May 04, 2017, 11:01:25 AM |
|
In this time, we don't think that internet will be die, now and also in future. Because our life and our working is total depend on internet. If you see in every field of working, we are using internet than how could it possible that internet will be die. Also about bitcoin, so i don't think that we have alternative anything of internet, where we use our bitcoin.
The internet can be dead if a very big war will happen like the world war 3 where all of the biggest countries are fighting each other, it will affect the whole world market and it can damage a lot of properties and especially the internet which can shutdown and that is when we are going to suffer a big loss in bitcoin. Not just with a big war in which the internet could be dead. Some Black Hackers in the deep web are against with the idea of the internet, they might end up shutting it down in which we will be powerless to stop. The government does not know what there capabilites are in which they are not prepared in case an attack would happen in our internet system.
|
|
|
|
Hypnosis00
|
|
May 04, 2017, 11:02:57 AM |
|
If the internet will be dead someday then it will be a huge chaos day because everyone will have no connection to the internet and it can affect the different types of communication and a lot of people will be on panic because almost their business are within the internet so it will be a worst day for us.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | ██░░░░░░░░░░░░░░░░░░░░░░██ ▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀ ▄▄███░░░░░░░░░░░░░░███▄▄ ▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀ ▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄ █░▄▄▄██████▄▄▄░█ █░▀▀████████▀▀░█ █░█▀▄▄▄▄▄▄▄▄██░█ █░█▀████████░█ █░█░██████░█ ▀▄▀▄███▀▄▀ ▄▀▄▀▄▄▄▄▀▄▀▄ ██▀░░░░░░░░▀██ | | | | | | | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄██████▀████░███▄▀██▄ ███░█████████▀██░████░███ ███░████░█▄████▀░████░███ ███░████░███▄████████░███ ▀██▄▀███░█████▄█████▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP FAZE CLAN SSC NAPOLI | | |
|
|
|
Oralmat
|
|
May 04, 2017, 12:25:51 PM |
|
In this time, we don't think that internet will be die, now and also in future. Because our life and our working is total depend on internet. If you see in every field of working, we are using internet than how could it possible that internet will be die. Also about bitcoin, so i don't think that we have alternative anything of internet, where we use our bitcoin.
The internet can be dead if a very big war will happen like the world war 3 where all of the biggest countries are fighting each other, it will affect the whole world market and it can damage a lot of properties and especially the internet which can shutdown and that is when we are going to suffer a big loss in bitcoin. Not just with a big war in which the internet could be dead. Some Black Hackers in the deep web are against with the idea of the internet, they might end up shutting it down in which we will be powerless to stop. The government does not know what there capabilites are in which they are not prepared in case an attack would happen in our internet system. Now these all reasons are just imagination, nothing is happening now. So don't need of afraid of these things which are not in reality, and if we see the present that internet is on and everyone could use it easily. So enjoy this time and make money with bitcoin.
|
|
|
|
YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
|
|
May 04, 2017, 12:53:20 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday internet has paralyzed it could be so possible that bitcoin could die because bitcoin can only be access in the internet so if there are no more internet there will be no bitcoin. It will be too bad to us because all our money in bitcoin will disappear in a second. That's right, but I suppose in such case of par alizarin the price for crypto currencies will start to grow. And it will stay only two option to us - to move in another country where the internet is still supported and cash out coins or just to wait to the situation stabilize and to hope that the price will not fall to the bottom meanwhile. Well that is your decision to make for yourself if it's gonna gain you something why not, but for you to leave a country and there is some kind of opportunity for you why do it, and I think there are some guys that bitcoin is illegal in their country, just used a VPN port and change his countries IP connection then he can now use bitcoin, I think you can do it yourself, just try and search it on the google I think there is some tutorial on how to do it good luck! I think you miss understand his statement mate, and he is saying if the internet is not work in his country he will go where the internet is working, and he will cash it and come. But you are saying use VPN to access Bitcoin site, how it's related. Without having the internet we can use Google, it is possible to search a topic in Google. Oh sorry I think I misunderstand what what he is trying to say, well if internet would be ban in there country I think that is gonna be a big problem, just like in North Korea where they can not use the internet because the government is controlling it that is why many North Koreans are preferring to leave their country than staying, but if there are other ways to access the internet why not but if the internet are totally block then think of a way out and migrate to another country were you can surely use internet access to earn bitcoin, and sorry for the misleading post I must have been very sleepy when I post it,
|
|
|
|
Obito
|
|
May 04, 2017, 01:14:54 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If internet was paralyzed or worse if it become dead there's a possibility that the bitcoin will die too because we know that the bitcoin is only can access through internet connection. However, if that happen just use cash and yet, no one will remain silent and they will do all they know way to bring back the internet because it is part of our daily lives.
|
|
|
|
Xester
|
|
May 04, 2017, 02:08:05 PM |
|
In the case of some total natural disaster or big world war it could happen that Internet network would also be destroyed. But it's not only Bitcoin that depends on the Internet, there are many products, services and technologies that we use on daily basis and that are depending on Internet. In this case this would be a total disaster but I don't think that Bitcoin would become the main payment instrument, this is not its purpose.
but after big disaster not only the internet will effect but i think it will effect all the aspects of live. i think in present time internet has become the basic need of our life and now without internet we even cannot think about. it is now as much important as food, shelter and other basic needs of life. so i thin we should not even think about that bitcoin will come to an end, as it is now the basin need of our life. so we should not think about it. It is necessary and people are craving for an internet connection such as they are craving for their daily food but the only difference is that without an internet connection people can still exist unlike food and shelter. Thus if a disaster comes along and it is so huge that will make the internet disappear then bitcoin will also disappear. Due to this do not place all your money into bitcoin but save some on the banks.
|
|
|
|
Ekanenf
|
|
May 04, 2017, 04:31:40 PM |
|
If internet dies in future then along with that it will also be an end of bitcoins as bitcoin is nothing without internet and we will be watching our coins sitting idle in our wallet and we won't be able to do anything with it.
I'm sure that it would not happen, that a moment will come that internet will die and this is the end of our bitcoin life since we can't earn or access websites where we could earn bitcoin. And the Government will never let such thing happen, because it will be the dooms day to all us, having this technology that we have and without internet? NO, a very big no. Technology of us right now would just be basically useless without the internet, it is like a backbone of the technology, without it, technology is dead, we are all dead.
|
|
|
|
CryptoFiction
Newbie
Offline
Activity: 19
Merit: 0
|
|
May 04, 2017, 05:06:01 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I don't know what you understand from the word Internet but it is not a commodity or something rather it refers to inter-connectivity of computers around the world. Thousands and thousands of servers and gadgets are dedicated for uptime of this connectivity. So I can't think such situation ever occur considering Bitcoin will be main payment option. This will induce more concern and safety towards internet!! Yes. Also consider that where there's a will, there's a way. Even if big areas of the internet were to go down, it would seem to me that this would not last long as there are so many tech-savvy people that would manage to get themselves connected and would be likely to help their friends and buddies to get connected who themselves, would be helping their friends and buddies and so on and so on.
|
|
|
|
Rinder
|
|
May 04, 2017, 06:39:59 PM |
|
If network internet totally dead, it would be like a new war would start, companies to provide similiar service as internet. I do see a war starting to get the best and recent tecnology,because i doubt, Japan and China will stay without internet. For crypto world would be a disaster as well a nightmare to all crypto holders and supporters.
|
|
|
|
eaLiTy
|
|
May 04, 2017, 07:04:10 PM |
|
If network internet totally dead, it would be like a new war would start, companies to provide similiar service as internet. I do see a war starting to get the best and recent tecnology,because i doubt, Japan and China will stay without internet. For crypto world would be a disaster as well a nightmare to all crypto holders and supporters.
It will be a disaster thinking about a war when majority of the countries are equipped with nuclear weapons and there wont be an alternative service for internet. In the past war has brought some drastic changes in the field of technology but that does not mean that can be the case in the twenty first century.Internet black outs are possible when there is a natural disaster and that can affect not only the crypto world but the entire business and economic structure of an entire country.
|
|
|
|
gandame
|
|
May 04, 2017, 09:47:58 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday we use bitcoin as a mode payment then the internet become paralyzed then we go back again to use cash. That is the only way and solutions i know because we used cash before bitcoin came.
|
|
|
|
Zggdrasil
|
|
May 04, 2017, 10:16:18 PM |
|
Bigger problem will be no cats and meme, for rest there is cash that should never be ignored.
|
|
|
|
Wong Goblog
Member
Offline
Activity: 310
Merit: 10
|
|
May 05, 2017, 02:08:19 AM |
|
can not be denied again that the role of the internet is very important today, if there is no internet world will certainly backward to the back, all financial transactions will be stopped, everyone will be queued until a day to buy tickets and much more.
|
|
|
|
Russlenat
|
|
May 05, 2017, 03:08:56 AM |
|
for me when internet network is totally dead! we should use our local money because this bitcoin is a digital currency and the transaction is using internet connection but maybe it far enough to happen. it happens when there is a world war or nuclear attack. it maybe a big problem to all bitcoin investors who invest a lot of money for bitcoin. it likes a bankruptcy of a digital world without internet.
|
|
|
|
hardtime
Sr. Member
Offline
Activity: 490
Merit: 251
Make winning bets on sports with Sportsbet.io!
|
|
May 05, 2017, 04:37:46 AM |
|
That's the tough and hard thing about using a currency that is based and used for the internet and the only chance for it to survive would be the internet being online and running, though to do this day I don't think we could ever go through something like that and no government in the world would never allow such a catastrophe to happen in the least, the internet is going to live on forever at this point.
So, this is never going to happen bud and Bitcoin will live on forever.
|
|
|
|
vasrasus
|
|
May 05, 2017, 07:33:51 AM |
|
That's the tough and hard thing about using a currency that is based and used for the internet and the only chance for it to survive would be the internet being online and running, though to do this day I don't think we could ever go through something like that and no government in the world would never allow such a catastrophe to happen in the least, the internet is going to live on forever at this point.
So, this is never going to happen bud and Bitcoin will live on forever.
Internet now is much needed in our society, everything now is on internet, businesses and markets were on the flow of internet or system So when its gone if ever its not bitcoin alone who'll get affected also the society.
|
|
|
|
Mario274
|
|
May 05, 2017, 08:05:45 AM |
|
That's the tough and hard thing about using a currency that is based and used for the internet and the only chance for it to survive would be the internet being online and running, though to do this day I don't think we could ever go through something like that and no government in the world would never allow such a catastrophe to happen in the least, the internet is going to live on forever at this point.
So, this is never going to happen bud and Bitcoin will live on forever.
Everything is possible, so you should not rely solely on bitcoin. In the case of collapse, you need to have other values for survival.
|
|
|
|
Gheka
|
|
May 05, 2017, 08:40:16 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday we use bitcoin as a mode payment then the internet become paralyzed then we go back again to use cash. That is the only way and solutions i know because we used cash before bitcoin came. Yes, I agree with you, we can not rely entirely on bitcoin. Using bitcoin is just a trading method in the future and if the internet is paralyzed, we can still use cash for the transaction but I think the internet is paralyzed can not happen, if it happens, it will be a global disaster. The fact that the internet is paralyzed will affect the economy and the lives of so many people in the world, I think the governments of nations will never let this happen.
|
|
|
|
DoublerHunter
|
|
May 05, 2017, 11:07:00 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday we use bitcoin as a mode payment then the internet become paralyzed then we go back again to use cash. That is the only way and solutions i know because we used cash before bitcoin came. Yes, I agree with you, we can not rely entirely on bitcoin. Using bitcoin is just a trading method in the future and if the internet is paralyzed, we can still use cash for the transaction but I think the internet is paralyzed can not happen, if it happens, it will be a global disaster. The fact that the internet is paralyzed will affect the economy and the lives of so many people in the world, I think the governments of nations will never let this happen. Yeah internet is one of the foundation of any kind of thing that is related to our economy and i also agree that we should not always depend on bitcoin because it is risky so we should also save some money thru fiat and not only in bitcoin so if bitcoin or the internet will totally dead then we can still use our fiat money.
|
|
|
|
wowanstrong
|
|
May 05, 2017, 11:35:14 AM |
|
for me when internet network is totally dead! we should use our local money because this bitcoin is a digital currency and the transaction is using internet connection but maybe it far enough to happen. it happens when there is a world war or nuclear attack. it maybe a big problem to all bitcoin investors who invest a lot of money for bitcoin. it likes a bankruptcy of a digital world without internet.
It is necessary to use several variants of means for payment in case of any breakage or other emergency situation.
|
|
|
|
Dimelord
|
|
May 05, 2017, 11:39:06 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Such a disaster has not occured so far.If it happens,then it would create a big problem not only to bitcoin users,but especially to all banks who carry out all of their transactions digitally.Then no one would be able to send and receive money to different parts of the world.In fact,total economy would collapse.So bankers have to worry much more than bitcoin users.
|
|
|
|
doomloop
|
|
May 05, 2017, 11:52:54 AM |
|
That's the tough and hard thing about using a currency that is based and used for the internet and the only chance for it to survive would be the internet being online and running, though to do this day I don't think we could ever go through something like that and no government in the world would never allow such a catastrophe to happen in the least, the internet is going to live on forever at this point.
So, this is never going to happen bud and Bitcoin will live on forever.
Everything is possible, so you should not rely solely on bitcoin. In the case of collapse, you need to have other values for survival. yes you are right that we should not rely only on bitcoin because in case of any incident internet connection could totally damage, but i think the condition of internet will not remain damage for longer period of time because majority of people in world use internet for their work, of-course the great engineers will do their best to repair the internet connection.
|
|
|
|
posternat
|
|
May 06, 2017, 02:49:38 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday we use bitcoin as a mode payment then the internet become paralyzed then we go back again to use cash. That is the only way and solutions i know because we used cash before bitcoin came. I guess this thing will happen if the internet will be dump and if no one cares to return it back to its service, we do not have a choice but to go back to cash as payment to everything. I guess it is not that big deal, at the time this thing happen I guess we already used bitcoin very well.
|
|
|
|
romero121
Legendary
Offline
Activity: 3164
Merit: 1213
|
|
May 06, 2017, 02:57:11 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday we use bitcoin as a mode payment then the internet become paralyzed then we go back again to use cash. That is the only way and solutions i know because we used cash before bitcoin came. I guess this thing will happen if the internet will be dump and if no one cares to return it back to its service, we do not have a choice but to go back to cash as payment to everything. I guess it is not that big deal, at the time this thing happen I guess we already used bitcoin very well. Even the cash system gets affected in large scale, because nowadays the cash too is used much through the cards that's been provided by the banks and other services to make everything easier to access. So cash usage might gain more users but such internet death won't happen.
|
|
|
|
Gintama214
Sr. Member
Offline
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
|
|
May 06, 2017, 03:03:24 AM |
|
That someday is really far away from the future or even it will never be happen thats because as you said : what if someday internet network will be paralyzed so that mean you can't do transactions when you need to. There are still many holes to fill before bitcoin will be the main payment there are many still many what if's and do's before it happens. I know in our technology is advancing every single day sooner or later those holes are going to be filled and bitcoin will be the main payment option and internet network will never be paralyzed. The only solution is for now is just use cash at the moment.
|
|
|
|
rmyg5907
|
|
May 06, 2017, 03:07:02 AM |
|
use the distributed network and the central server at the same time.
|
|
|
|
BCTBF
|
|
May 06, 2017, 03:16:17 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I think if bitcoin has become the main payment tool in the world there's no need to transact on the internet, and if then the internet is totally dead it does not matter, because bitcoin has become the primary means of payment in the world and means our days in real life are easy to sell or buy with bitcoin. So, no longer need to access the internet.
|
|
|
|
szpalata
|
|
May 12, 2017, 04:52:06 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I think if bitcoin has become the main payment tool in the world there's no need to transact on the internet, and if then the internet is totally dead it does not matter, because bitcoin has become the primary means of payment in the world and means our days in real life are easy to sell or buy with bitcoin. So, no longer need to access the internet. I guess you didn't get the OP very well and I will advice you to read back and edit your post maybe. How can we use Bitcoin without the Internet? It's rather the internet that helps us facilitate Bitcoin payments that's why it is vital in our lives and the OP is assuming hypothetically that if it is switched off somehow by whatever means what will happen to Bitcoin.
|
|
|
|
doomloop
|
|
May 12, 2017, 07:46:14 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
If someday we use bitcoin as a mode payment then the internet become paralyzed then we go back again to use cash. That is the only way and solutions i know because we used cash before bitcoin came. I guess this thing will happen if the internet will be dump and if no one cares to return it back to its service, we do not have a choice but to go back to cash as payment to everything. I guess it is not that big deal, at the time this thing happen I guess we already used bitcoin very well. well i don't think that the internet connection will be dump and no one will care to return it back because everyone in the world is dependent on internet connection, means to say that not only bitcoin is rely on internet that no one will be care, i think the economic system, the transaction of fiats and also the investors will also be in risks, so they will do anything for the return of internet connection.
|
|
|
|
NEWGOODOUBLE
|
|
May 15, 2017, 04:10:46 AM |
|
If someday the whole network internet dies, the economy will totally crash since most of the people are sending and receiving money through the internet, not only the crypto lover. Therefore, we should hope that it will never happen because it will strongly affect to everyone on this planet.
Yeah i thought that was not possible. Because the bank's financial transactions also use the internet. If the internet is dead I think we will be in the stone age
|
|
|
|
AlexZander25
Newbie
Offline
Activity: 7
Merit: 0
|
|
May 15, 2017, 07:51:19 AM |
|
I understand the concern for when bitcoins are the primary or only way of payment in the future. If there comes a day tgat it happens and the internet system is paralyzed, it will prove to be a huge problem for everybody. This is only my opinion to this, as I see the question as when bitcoin is the only form of currency in the world.
|
|
|
|
tosmartak
|
|
May 15, 2017, 08:11:17 AM |
|
There will definitely be other means of payment. And if the only means of your transaction is bitcoin then, that means you have landed in pareto. Moreover, how can the whole network Internet be dead when the world didn't just decide to go against me?
|
|
|
|
PhucS
|
|
May 15, 2017, 08:38:55 AM |
|
The Internet is paralyzed globally, I think this is a terrible thing. The whole world seems to lose its connection, economic activity seems to have stopped working. Financial transactions too, without internet, it will not be able to take place because its foundation is technology and the internet. You can then use cash to make direct transactions, and if you online transaction, I'm afraid there is no solution. But I think this will be very unlikely, the best internet engineers in the world will not let this situation happen
|
|
|
|
ilovefeetsmell
|
|
May 15, 2017, 10:20:11 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For my own opinion, it is very impossible. I do not agree with your statements. If it will gonna happen, millions will lose. Many businesses will fall and deficit. Must have other alternative ways to prevent the fall of an industry of one country. Internet use as a medium of payment instruments is not advisable but very convenience to all of us.
|
|
|
|
ilovefeetsmell
|
|
May 15, 2017, 10:21:54 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For my own opinion, it is very impossible. I do not agree with your statements. If it will gonna happen, millionsof money will lose. Many businesses will fall and deficit. Must have other alternative ways to prevent the fall of an industry of one country. Internet use as a medium of payment instruments is not advisable but very convenience to all of us.
|
|
|
|
Joshua101101
Full Member
Offline
Activity: 378
Merit: 100
https://saturn.black
|
|
May 15, 2017, 10:25:57 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
For my own opinion, it is very impossible. I do not agree with your statements. If it will gonna happen, millionsof money will lose. Many businesses will fall and deficit. Must have other alternative ways to prevent the fall of an industry of one country. Internet use as a medium of payment instruments is not advisable but very convenience to all of us. The use of the Internet is really very convenient for making payments, but you still need to make it possible to make payments without an Internet in the event of a collapse.
|
|
|
|
SaShiRaJaVu
|
|
May 15, 2017, 10:35:17 AM |
|
Internet use as a medium of payment instruments is not advisable but very convenience to all of us.
What do you suggest then,go back to the old practices that were used hundred years back ,i like the barter system and if i had a choice i would rather do that,since everything is connected online if the internet is dead not only bitcoin will suffer,every business and financial sector will close down until it is rectified.
|
|
|
|
YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
|
|
May 15, 2017, 10:37:30 AM |
|
The Internet is paralyzed globally, I think this is a terrible thing. The whole world seems to lose its connection, economic activity seems to have stopped working. Financial transactions too, without internet, it will not be able to take place because its foundation is technology and the internet. You can then use cash to make direct transactions, and if you online transaction, I'm afraid there is no solution. But I think this will be very unlikely, the best internet engineers in the world will not let this situation happen
Well I wish they are doing something about the impending solar flare from outer space that mighty destroy the network system of smartphones, and highly unlikely the internet might be down from this kind of event and even all electronic communication devices might not work, this is gonna be a major world wide catastrophe for us that are now familiar with this kind of technology and the entire world would feel the strain because of it, Well I think that is the only event that can not let us use bitcoin.
|
|
|
|
micher143
|
|
May 15, 2017, 10:43:48 AM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication yes, when you look on the past they have also financial transactions even though internet doesn't exist on that time. other forms of communication is the best solution for it. you just need to find it.
|
|
|
|
DoublerHunter
|
|
May 15, 2017, 02:32:14 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
No need for internet. Just need to relay tx. Can use other forms of communication yes, when you look on the past they have also financial transactions even though internet doesn't exist on that time. other forms of communication is the best solution for it. you just need to find it. How can a communication can be done if bitcoin will just relying to the internet of our world? So i think you didn't have any idea either on how bitcoin can survive to this situation and you are just random telling that communication is the key while you cannot say any kind of communication. Internet is one of the biggest impact maker in all of kinds of assets like bitcoin and i think it will be hard for us to survive if there will be no internet especially for bitcoin.
|
|
|
|
stompix
Legendary
Offline
Activity: 2884
Merit: 6294
Blackjack.fun
|
|
May 15, 2017, 02:42:57 PM |
|
The Internet is paralyzed globally, I think this is a terrible thing. The whole world seems to lose its connection, economic activity seems to have stopped working. Financial transactions too, without internet, it will not be able to take place because its foundation is technology and the internet. You can then use cash to make direct transactions, and if you online transaction, I'm afraid there is no solution. But I think this will be very unlikely, the best internet engineers in the world will not let this situation happen
Well I wish they are doing something about the impending solar flare from outer space that mighty destroy the network system of smartphones, and highly unlikely the internet might be down from this kind of event and even all electronic communication devices might not work, this is gonna be a major world wide catastrophe for us that are now familiar with this kind of technology and the entire world would feel the strain because of it, Well I think that is the only event that can not let us use bitcoin. Network system of smartphones? Really? There is no such thing, the smartphones are using the same network that the old mobile phones used. And that network is pretty easy to be replaced 100% in case of "solar flare". Also you should know that a solar flare capable of destroying all the communication systems on our planet will most likely also cook 99% of us alive so...the last update from candycrushsaga would be our last problem.
|
. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
|
|
|
|
pecson134
Sr. Member
Offline
Activity: 630
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
|
|
May 15, 2017, 02:46:44 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Then if that happens, we can go back to the traditional ways to pay a person, company, or donate on certain organizations. Using physical means just like cash we can do certain financial transaction offline without the use of internet since we were already accustomed on doing things without the aide of internet on those previous years where internet is still not yet available.
|
|
|
|
Karmakid
|
|
May 15, 2017, 02:50:11 PM |
|
Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
|
|
|
|
iluvpie60
|
|
May 15, 2017, 05:43:46 PM |
|
Not really possible. There are plenty of computer networks that are not visible (TOR and deep web stuff). The government would never be able to block it all or drstroy it all. Making computer chips is too easy now. And if it came down to it, someone could make their own network satelite.
|
|
|
|
The_prodigy
|
|
May 15, 2017, 06:08:06 PM |
|
what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
I didnt know what will im gonna do when it will be happen. Bitcoin is a cryptocurrency and in order for us to use this and earn this we need to have an internet connection. And i think it will never happen even government will legalize it. They put only taxes to the user and limits it. That will be more possible to happen for me.
|
|
|
|
btcforall777
|
|
May 15, 2017, 06:35:40 PM |
|
If the internet id frozen then the banking system will be frozen to. I would thing fiat would be worthless at that point. precious metals would probably pick up the slack. or bartering.
|
|
|
|
ethereumhunter
|
|
May 15, 2017, 09:03:45 PM |
|
Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
this is not just for bitcoin but any business that related with internet connection and many aspect that need internet too like economy, social, technology, country development and other else. because todays, internet connection is growth too fast and many country have apply fast internet connection for their people but unfortunately, not all country have high speed connection so the other country can only used slow and medium internet speed connection.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
GetClams.com
|
|
May 15, 2017, 09:24:55 PM |
|
Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
this is not just for bitcoin but any business that related with internet connection and many aspect that need internet too like economy, social, technology, country development and other else. because todays, internet connection is growth too fast and many country have apply fast internet connection for their people but unfortunately, not all country have high speed connection so the other country can only used slow and medium internet speed connection. What could 100% kill the internet all around the world? Nuclear war? Yeah in the event of nuclear war bitcoin would be no good.
|
|
|
|
Weatherby
|
|
May 15, 2017, 10:18:12 PM |
|
Then its the end for bitcoin too,the network itself needs an internet connection in able to manage the bitcoin network and each transactions and you and all users needs internet to acces it
this is not just for bitcoin but any business that related with internet connection and many aspect that need internet too like economy, social, technology, country development and other else. because todays, internet connection is growth too fast and many country have apply fast internet connection for their people but unfortunately, not all country have high speed connection so the other country can only used slow and medium internet speed connection. What could 100% kill the internet all around the world? Nuclear war? Yeah in the event of nuclear war bitcoin would be no good. In the event of a nuclear war not only bitcoin and internet it will be hard for anyone to survive because the blast radius and the long term effects will kill any humans and if there is a nuclear war make sure you get off to a safe place rather than looking to save internet. It is hard to believe that the world will survive after a nuclear war .
|
|
|
|
Rizky Aditya
|
|
May 16, 2017, 03:53:51 PM |
|
If that ever happens in future then it will be an end of bitcoin era as without internet you cannot expect to earn or use your bitcoins and the bitcoins that you have in your wallet will become useless and worthless you would be never in position to use them anywhere.
yes you are right that if the internet connection ever dead in future then the bitcoin will also become dead and it will be useless but if the internet connection will ever die in future then i think the only bitcoin or bitcoin users will not be affected by this, the whole world will be curious for internet and they will do everything for the recovery of internet connection because everyone is dependent on internet connection.
|
|
|
|
|