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

[Lang09]

Electricity is really a big thing in the world of cryptocurrency trading. To get started with trading, it uses internet connection. But if the electricity goes out, many can be made alternatives, such as Solar energy. We can not lose electricity because Internet and gadgets are being operated with electricity without it we can not do trading.

[PonyBoy]

Bitcoin is not safe in your pockets, someone could break the cryptosystem and thieve them with the help of digital codes.

[futuret]

Bitcoin is not safe in your pockets, someone could break the cryptosystem and thieve them with the help of digital codes.

The question is about how to trade Bitcoin or use your coins for transaction in case you do not have electricity. I think without electricity you cannot drive an electronic devise and yes if the land power line is out, you can use the batteries to get solar power and keep your transactions running. If that is not possible, there is one of the latest inventions in the form of a device that is able to split the electric and magnetic vectors in an electromagnetic wave and use the electric vector to power your mobile phone and laptop. So even in the absence of electricity and sunlight, you can use alternate sources to keep the business running.

[PacePay]

Electricity is really a big thing in the world of cryptocurrency trading. To get started with trading, it uses internet connection. But if the electricity goes out, many can be made alternatives, such as Solar energy. We can not lose electricity because Internet and gadgets are being operated with electricity without it we can not do trading.

Solar panel is really the best option for those people who do not have electricity or where there is more time down of electricity from governments. The other option is an electricity generator as it also work better at times when there is sunset because at sunset the solar panel will not work and many people do trade at night time because in the day they do their day job.

[anavir]

This is the situation where I am worried about, the digital transaction is useless. This experience will be a lesson to us, we must be prepared if we know this kind of calamity will happen to us. Before the calamity struck, if you don't have your local money on hand this is the time you can use your bitcoin, buy and stock food or some emergency things you will need during and after the calamity. It will take months before the situation becomes normal with that kind of calamity.

You are correct mate.Since bitcoin needs electricity to transact preparedness is very important.Their are gadgets that maybe use when current is cut off like for example, a power bank or if you have money enough to buy a generator,then it is better to have one.

[valentine401]

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 mandatory for the entire world and if you are going to relate electricity to cryptocurrency then bitcoins will not flow since blockchain needs graphic cards which is being runned by electricity just the same as the internet.

[Kadal Ijo]

Electricity is an important thing in life, certainly the world will stop if there is no electricity, let alone bitcoin is very dependent on electricity because the internet would require electricity, if there is no electricity then we can not be trading bitcoin.

[Seaze007]

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?

If no electricity I think you cant trade your bitcoin unless you have a generator because we need power and connection if that two will gone maybe your bitcoin are stop so you need to invest more in power and internet connection because that two are very important.

[Sled]

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?

If no electricity I think you cant trade your bitcoin unless you have a generator because we need power and connection if that two will gone maybe your bitcoin are stop so you need to invest more in power and internet connection because that two are very important.

Brownout and other unexpected scenarios might happen but i think that we can still trade bitcoin by having a paper wallet, yes a paper wallet which is an offline wallet and you can trade bitcoin with that by having a paper wallet which have a fixed amount of bitcoin and that is the only way that i think that we can still trade bitcoin without electricity.

[PonyBoy]

Bitcoin is an opportunity of earning a lot of money, however it needs a protection, without which it would no longer be yours and somebody else will have it.

[Lubang Bawah]

Of course without electricity we will not be able to use bitcoin, thousands of servers are connected to each other need power to connect each other and if there is no electricity then the transaction can not be confirmed.

[b3j0]

how to trade bitcoin without electricity? will not be able to !
You must know, on this earth no one can survive alone.

[darsiderin]

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?

Satellite internet + good solar battery for charging. This is the perfect kit for any natural disaster. Although it is expensive, and people in poor countries can not afford to buy it.

[berungan]

perhaps by turning on a machine that can generate electricity or go to a friend's house whose electrical flow is alive. that way we can continue to trade with btc.

[PonyBoy]

Because the market is extremely volatile these days, the value can go from the highest to the lowest figure for no time.

[StarofBTC]

We  all know that internet is the main ingredient of Blockchain technology so if electricity will be gone. I think everything will become useless. BTC will not exist.

I don't know if there is no electricity in the world the crypto currencies are not to be usable it will be an important thing for all the people we need to make alternative idea for this.

Honestly, it is difficult to imagine that this can happen. In this case, there will be no Internet, and all the virtual money will really become useless. Hope, we will not see such catastrophe.

With this much advancement in technology and this much of the evolution and after so many discoveries, I don’t think so that there can be such situation in which this world will have no electricity.

However, in case this thing ever happens, then it will be impossible for anyone of us to perform any kind of transaction related to that of the crypto currencies and to do any such thing which can help him in making money from the crypto coins.

[Bitfling]

I think electricity is main factor if we want to trade cryptocurrency. We can not mine bitcoin or trade bitcoin if we dont have electricity. But if we have solar panel or some alternative energy power, i think we can make trade and investment in crypto

[slapper]

Well I don't know if it's because of me reading too many sci-fi books or it's just simply fact but I don't suppose that people would worry about trading BTC more than other personal needs if there was no electricity. If the world's power network failed, some important systems would be shut down and there would be chaos everywhere and people would be busy fighting for survival rather than trading cryptocurrencies. Anyways it's just my opinion.

[John Snow]

This cannot build due for seven days even while not power. there's not extremely any motivation to deny this reality that Bitcoin can nevermore survive if there's no power. Actually, it's not simply Bitcoin United Nations agency will not get by while not power however such an oversized variety of various things additionally. Power is that the essential want of individuals.

[Jessica1234]

I guess if you don't have electricity especially when a disaster strikes in your place, you have to find a food and security first, then  electricity. I don't think you need to trade or do bitcoin on that casualties. You have to prioritize your family or loved ones first before thinking about how you will trade with bitcoin.
Bitcoin is an industry that can make our lives better, not to save from calamities. You have to sort your priorities,man.