What happens when there is NO electricity? How does one trade with BTC?

[maculeth]

can not, btc transactions should be online, if there is no electricity then can not do btc transactions. if in the future there is the possibility of btc offline, it will make it easier for us in transacting, even though the power goes out.

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[zmkriel]

Obviously, if there is no electricity therefore there no transactions that can be made in cryptos. Every little transactions in bitcoin and altcoins are in need of internet and gadgets and that things uses electricity to functions. I guess this would be the most disadvantage in cryptocurrency compared to fiat because if there is a massive indicidents that there is no electricity then definitely every cryptos transactions will be disabled while fiat can be use anytime with or without the usage of electric.

[anntlevel]

No electricity = No internet connection. So, you can't broadcast your transaction to the Blockchain. Actually, electricity is the main source in this world. So, it's impossible to trade it with BTC. I think this also the flaw of digital currency.

No electricity means no internet and no internet means no bitcoin and any other Altcoin. Bitcoin will crash as many other things. But it can be possible only if there is thirst world war. We will reach to barter system again because if there is no electricity the government will also be unable to print local currency. So we will be back to stone ages without electricity.

[zhuiyongliang8]

Bitcoin is a brand new thing. It's based on a whole new technology on the Internet. Without electricity, there would be no Internet, and bitcoin would not be able to trade.

[Commie]

No electricity = No internet connection. So, you can't broadcast your transaction to the Blockchain. Actually, electricity is the main source in this world. So, it's impossible to trade it with BTC. I think this also the flaw of digital currency.

No electricity means no internet and no internet means no bitcoin and any other Altcoin. Bitcoin will crash as many other things. But it can be possible only if there is thirst world war. We will reach to barter system again because if there is no electricity the government will also be unable to print local currency. So we will be back to stone ages without electricity.

Food and ammo will become the most valuable things in this case, not gold or crypto or anything else valuable today.

[Gabash]

We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.

My friend asked me what about in regions where they lose electricity, how would they trade with BTC?

For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity.  A lot of people need to buy food and even fresh water.

Is there a way to still trade with BTC in such situations?  

Can P2P trade still occur despite having any connection to the greater block-chain network?  Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.

I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations.  I assume that data would have to be relayed to a tower/dish before it's sent to satellites.  Am I correct?

...usually, when there is a disaster or calamity, the electricity will be affected, but the government often anticipate for it as a priority, because electricity is important thing for the access like, broadcasting or whatsoever. I think the government supporting them for some basic needs like reliefgoods, so they could survive while fixing the electricity.

[lifengpu]

use mobile devices for this or refer to friends who are familiar to assist in trading bitcoin or pay bills for electricity

[Friskaadew]

I think there is a point, if there is no electricity then it is difficult to access the internet network. So for bitcoin transactions may not be possible, I had thought about transacting bitcoin manually but it feels very strange and can not.

[xnuggets]

Mobile data on phones can be used. If still not because of electricity and connection. I prefer to have one trusty mate, like your relative that lives far away from you, in other country for example. High trust of course is needed, still if this isn't enough then it is bad situation for you.

[MondayTraddd]

That would be a bad luck and nothing can they do. But if you are in public wallet you can access it from others device to get them

[Cryptoproff]

we cannot see the world is growing and we are in the dark age without having a chance to make a changing to a better life and there will be any chaos that will happen in many places.

[Froloff92]

Unfortunately, Bitcoin is based on Blockchain Technology in which we can only use if we have the proper ways to access it like the Internet. This basically means that having no Electricity will give us no connection to Blockchain Technology and other Cryptocurrencies.

[teleskopta]

They cannot work without electricity even bitcoin trading,  and other work on it that depends on the internet.  If the electricity shuts down,  there is no use of internet.  Everything will shutdown but there are alternative source for electricity like generators and solar but it just have limited time of used.

[basyang]

We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.

My friend asked me what about in regions where they lose electricity, how would they trade with BTC?

For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity.  A lot of people need to buy food and even fresh water.

Is there a way to still trade with BTC in such situations?  

Can P2P trade still occur despite having any connection to the greater block-chain network?  Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.

I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations.  I assume that data would have to be relayed to a tower/dish before it's sent to satellites.  Am I correct?

Yes. As you said, you can trade in bitcoin once you are connected in the internet but unfortunately you can not work without electicity unless your cellphone or your laptop is fully charge or their has a electronic supply or generator once the electricity suddenly lose.

[airdrophunter]

Electricity is one of the ingredients of bitcoin's existence. Of course, how can a single node be a part of the blockchain if there is no electricity? Therefore, electricity is very important before a single transaction can be made in the blockchain.

[19spawnfeed]

Electricity is one of the ingredients of bitcoin's existence. Of course, how can a single node be a part of the blockchain if there is no electricity? Therefore, electricity is very important before a single transaction can be made in the blockchain.

Yes Mate the electricity is one the bitcoin ingredients and if is malfunctioned a single transaction cannot be made. It is very important to trade because we need this electricity if we do transaction.

[malbano2099]

if there is no power in this manner there no exchanges that can be made in cryptos. Each and every exchanges in bitcoin and altcoins need web and devices and that things utilizes power to capacities. I figure this would be the most detriment in digital money contrasted with fiat in light of the fact that if there is a gigantic indicidents that there is no power then certainly every cryptos exchanges will be crippled while fiat can be utilize whenever with or without the use of electric.

[Dansamiv]

An interesting question.
Actually, electricity or the internet is too important for any profession in technology, communication, economics, society ... with my views on the question, What will happen and what can be done when power outage. All transactions will be suspended.

[robynmario]

There will be no transaction occurring when there is no electricity. Because bitcoin and crypto are born from online technology. Power is the most important to maintain and together with the internet it brings a unified whole to sustain and develop technology, economy and society. Electricity is essential and important in every person's life. Electricity is the great invention of technology and man.

[webdevmastery]

We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.

My friend asked me what about in regions where they lose electricity, how would they trade with BTC?

For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity.  A lot of people need to buy food and even fresh water.

Is there a way to still trade with BTC in such situations?  

Can P2P trade still occur despite having any connection to the greater block-chain network?  Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.

I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations.  I assume that data would have to be relayed to a tower/dish before it's sent to satellites.  Am I correct?

Electricity is affecting the entire world and not only the cryptocurrency, there is no way for you to trade without electricity because you also need the internet, cryptocurrency will just go to waste if electricity will not work on different country.