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Author Topic: If all internet ithe world is destroyed then the crypto will look like?  (Read 345 times)
icohunter1024
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May 10, 2018, 04:44:29 AM
 #1

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
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May 10, 2018, 04:54:09 AM
Last edit: May 10, 2018, 01:47:57 PM by Ranillo79
 #2

Definitely crypto will down if that happen. The word online digital money and how we going online? Through internet so crypto might fall but dont think like that even way happend only certain country will affected. Well this might cause small damage in circulating crypto and economy itself. Even one country get damaged and stop all traders and investor will decrese volume of our world currency

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May 10, 2018, 06:01:51 AM
 #3

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
For sure blockchain will stop but the coins that has been stored in a cold wallet will not be harmed so by the time the internet and blockchain restored you'll still have your coin with you Wink.

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May 10, 2018, 01:58:23 PM
 #4

If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.

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May 10, 2018, 03:38:02 PM
 #5

Cryptos is the money of internet, so without it, there is no money.
However supposing that a big war would split the world and the internet into two separate parts, cryptos would probably develop also separate with two different blockchains with the same name.
The problem would be after the war and I believe the current system (of alts) is not ready to decide which part would be the genuine one (and reject the other part). So a hard fork could be a solution.
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May 10, 2018, 03:43:49 PM
 #6

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
Yes you can restore all your money whenever there is network access because all the information of our coins are recorded in blockchain if we can able to secure our private key while that natural disaster then you are free to go to have your cryptos back.

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May 10, 2018, 03:45:58 PM
 #7

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
It's going to be pretty funny, but the cryptocurrency is going to be the currency we're going to pay SkyNet to not kill us.
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May 10, 2018, 03:46:29 PM
 #8

The whole entire internet gets destroyed due to a natural disaster and you are worried about crypto?

You should be worrying about the survival of the human race instead.

The "internet" doesn't exist in a certain place, it is the most vastly interconnected system in the world.
In order for the entire internet to be destroyed, that would be a global catastrophe.

That is why I just laugh when skeptics ask me, "So what will you do with your crypto if the internet goes down" or "How much does your crypto weigh? It's not even real!"

This shows ignorance on such a huge level I have to roll my eyes.

Blockchain technology is distributed through nodes scattered accross the world, it is open source and anyone can get in.
That's why it is insanely difficult for it to "die".

Just take a look at the thousands of coins out there.  Even the most remote coins have people mining them and running nodes.
And then there are coins that literally died and then someone came in and started running it later and the community grew.

So, yeah, crypto ain't ever gonna die.

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May 10, 2018, 03:46:52 PM
 #9

If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.
I think it is not totally destroy because internet connection can be fix. Blockchain only needs to sync and it will go live again. One thing that internet might get destroy is a world war and I believe world war will stop one way or another.

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May 10, 2018, 03:48:24 PM
 #10

Of course! Difinitely cryptocurrency business automatically shutdown when internet destroyed, but it is a very hard scenario, because we are now on a high developed technology system, and the internet system also performs as a heart of every business, therefore it is supported by a strong foundation in order to avoid any corrupted connections to every business and most especially on this cryptocurrency business.
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May 10, 2018, 04:02:53 PM
 #11

I heard that Blockstream has announced a satellite network aimed at serving those who want to dig up Bitcoin but have no internet around the world. That means anyone can join the Bitcoin network, even without a high-speed internet connection. With satellite connection, any computer anywhere in the world can join the Bitcoin network without the need for an internet connection. Future whether crypto will need the Internet or will it be another type of protocol?
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May 10, 2018, 04:04:40 PM
 #12

i would agree on the argument that crypto will not longer exist, as they are very dependent from the internet, as well as the world. so, this is not going to happen.
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May 10, 2018, 04:06:45 PM
 #13

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
In my own point of view, cryptocurrencies will actually fall down, if it is only natural disasters maybe they could restore everything the way that should be, but if it is about war maybe restoring them will take a long time because people rather save their lives than earning bitcoin or cryptocurrencies.
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May 11, 2018, 06:38:10 PM
 #14

At first internet connection never can be totally destroyed and if some error occurs than it can be fixed. Without this, whenever you will get network you can access because the information of your coins are recorded in block chain. So, your coins will be secure if it occurs.
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May 11, 2018, 07:13:35 PM
 #15

The Internet is a global network located all over the world and has no binding to a place. Imagine that the entire Internet will stop working-it is very difficult. If this happens - it is unlikely that you will be worried, because you will be concerned about their own survival=). But you can dream up: without the Internet, of course-we will not be able to use cryptocurrency, so it will not be necessary for anyone. Databases, of course, will remain, and as soon as the Internet becomes available - you get your savings back. Cryptocurrency will certainly recover after such stress. But this scenario is impossible today.

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May 11, 2018, 07:30:51 PM
 #16

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If there is no internet, then the crypto market will simply die !!! But I do not think it will ever happen. I think the internet will live forever, and the crypto world will be actively developing!

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May 11, 2018, 07:33:29 PM
 #17

That is not a very realistic question, even though it is highly unlikely i think there will be some alternative way present to keep the internet up as it is the basic way of communication and information at the moment.

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May 11, 2018, 08:39:12 PM
 #18

The global crisis with the disconnection of the Internet, which serves as the basis for the existence of crypto-currencies, a similar probability can be considered close to "zero."
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May 11, 2018, 08:41:06 PM
 #19

Well, let´s go into science fiction. Sure you can restore it, but most likely the chains would have been corrupted as the first nodes up could easily do a 50% attack and make profit from it.




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May 11, 2018, 08:46:27 PM
 #20

If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If there is no internet, then the crypto market will simply die !!! But I do not think it will ever happen. I think the internet will live forever, and the crypto world will be actively developing!
the market may not even die for you just cant actually used this for any transaction online but you can have the chance to store this for offline wallet all your coins to be safe for.

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