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Author Topic: if someday the network internet totally dead .  (Read 9614 times)
Aleister Crowley
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April 14, 2017, 07:41:35 AM
 #61

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
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April 14, 2017, 08:41:51 AM
 #62

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.
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April 14, 2017, 10:20:01 AM
 #63

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.
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April 14, 2017, 10:28:21 AM
 #64

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.
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April 14, 2017, 10:30:33 AM
 #65

We could use other facilities. Every problem has a solution, mate.
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April 14, 2017, 10:49:28 AM
 #66

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.
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April 14, 2017, 10:56:54 AM
 #67

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.
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April 14, 2017, 11:38:14 AM
 #68

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.
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April 14, 2017, 11:38:54 AM
 #69

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.

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April 14, 2017, 12:31:47 PM
 #70

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.
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April 14, 2017, 12:47:01 PM
 #71

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.


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April 14, 2017, 01:00:04 PM
 #72

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.

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April 14, 2017, 01:07:48 PM
 #73

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.
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April 14, 2017, 01:14:59 PM
 #74

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.
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April 14, 2017, 03:22:52 PM
 #75

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.
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April 14, 2017, 03:36:29 PM
 #76

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.
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April 14, 2017, 03:42:39 PM
 #77

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.

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April 14, 2017, 03:56:37 PM
 #78

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
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April 14, 2017, 04:45:11 PM
 #79

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.
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April 14, 2017, 05:26:05 PM
 #80

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.
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