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Author Topic: if someday the network internet totally dead .  (Read 9623 times)
bitcoindusts
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April 20, 2017, 11:05:18 PM
 #121

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 Smiley
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 Smiley
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.
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April 26, 2017, 01:07:56 PM
 #122

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.
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April 26, 2017, 03:50:04 PM
 #123

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.

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April 26, 2017, 04:36:22 PM
 #124

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.
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April 26, 2017, 04:48:54 PM
 #125

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.
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April 26, 2017, 09:59:43 PM
 #126

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.
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April 26, 2017, 10:23:32 PM
 #127

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.
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April 26, 2017, 10:36:26 PM
 #128

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.

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April 26, 2017, 10:55:21 PM
 #129

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.

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April 26, 2017, 11:06:26 PM
 #130

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.

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April 26, 2017, 11:06:48 PM
 #131

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.
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April 29, 2017, 04:30:22 AM
 #132

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.
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April 29, 2017, 05:39:22 AM
 #133

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.
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April 29, 2017, 06:00:06 AM
 #134

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
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April 29, 2017, 06:23:14 AM
 #135

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.

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April 29, 2017, 01:29:05 PM
 #136

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.
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April 29, 2017, 02:44:43 PM
 #137

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 (:

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April 29, 2017, 03:13:07 PM
 #138

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.

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April 29, 2017, 04:11:54 PM
 #139

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.

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April 29, 2017, 04:13:53 PM
 #140

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.

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