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Author Topic: What if there is a natural disaster, such as an earthquake?  (Read 1725 times)
bce
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October 10, 2018, 12:03:34 PM
 #81

It will be the same as credit cards, unusable for a while.
However, assuming the infrastructure is damaged severely beyond repair, we can still have a blockchain approach based on mesh networks that's more segmented. The same idea for LN can be used to enable local use if the population decided to still value it and we had someway to keep our devices powered.
you are right with your opinion if anything happens regarding access to work in the cryptocurrency system I think we will not be able to access anything but the system will still run as it should maybe storage through our devices can be stored safely that's the most important
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October 10, 2018, 01:27:26 PM
 #82

In conditions of natural disasters, as we know, all internet access is totally paralyzed and it happens in disaster areas.
But in other areas it is normal as usual, so I don't think it has an effect on cryptocurrency, because crypto has entered the whole world and even reached the village,
So against natural disasters such as earthquakes, floods etc, crypto as usual.
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October 10, 2018, 02:57:50 PM
 #83

If the disaster like an earthquake occurred,cryptocurrencies on that affected areas will also be collapsed temporarily,due to no internet connection will be made,which it is a primary needed when doing any crypto activities. It doesn't mean that,it can be caused of a bad effects on  crypto market movement.
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October 10, 2018, 03:06:17 PM
 #84

That does not affect the crypto. Crypto independence, agents like disaster can not hurt, because you have protected it in a private wallet that only you know.
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October 11, 2018, 12:06:16 PM
 #85

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion
When a disaster occurs in a country or region, the area will be disconnected, affecting economic activity ... But for crypto it will not really affect the operation. Its action extends to all countries and territories. So if you keep you will not have to worry if a disaster occurs.
To some extent you are right, but we also know that other countries help the effected in time of need. Their economy paralyzes but as you say temporarily and not permanently. After some time they get up again and overcome their deficits. If this situation happens in the future it will also be for a short period of time and will be recovered soon with the help of others.
wozzek23
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October 13, 2018, 07:41:44 AM
 #86

If an earthquake hits an area, and facilities used in accessing internet connection destroys, internet connection maybe paralized and it will be impossible to access the internet. We can't do anything about it but to wait until everything is fixed and normalized.
Even small technical faults can deteriorate the system and may force you to live in a world with no online links. This is how things operate and if the signal transmitting body is not working due to any reason, of course there is no other way but to fix it. The internet waver are not like the radio waves which can travel long boundaries.

They are limited to a given range however if you are using a SIM that has international roaming, using a network from Canada in an area hit by catastrophe in India can allow you to use internet.
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October 13, 2018, 07:48:17 AM
 #87

If a natural disaster such as an earthquake occurs, the cryptocurrency will not help. All networks will be destroyed, and cryptocurrency without the Internet does not work.

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October 13, 2018, 08:08:43 AM
 #88

I do not think that a natural disaster can somehow affect the development of the cryptocurrency market.

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October 13, 2018, 10:54:57 AM
 #89

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion

I think if some disaster will come in our country. well, I do not have no choice but to stop for a while my works here because there has a possibility that the signal and satellite will ne destroy. Even though I stop for a while doing works in bitcointalk I know that my bitcoin will be stocks in my wallet and it will not be vanish after I come back. However, hopefully it will not come to the point that it will be happen in the future.

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October 13, 2018, 10:56:33 AM
 #90

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion

I do remember seeing bitcoin mining farms being washed away by flashfloods.
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October 13, 2018, 11:19:11 AM
 #91

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion
I think it depends on the country where the problems occur in the economy. Such countries as America, China, Japan, Korea with their news background can influence the state of the cryptocurrency market.
charlemagne_15
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October 13, 2018, 11:30:03 AM
 #92

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion

If any natural disaster lioe that would happen in a specific place then the cryptocurrency in there will be somehow affected especially if that places where U.S, Japan, Korea, and others who have a huge impact in cryptocurrency. If a natural disaster might happen then everything will be ruin such as the economy, internet, properties, and so on.

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andieoke
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October 13, 2018, 12:24:47 PM
 #93

In the event of a natural disaster such as an earthquake, and until it causes a break in electricity and causes a loss of internet signals, of course this will stop all Cryptocurrency activities. Because Cryptocurrency can only be accessed with the internet, and if for example this goes on for a long time, it is certain that the development of Cryptocurrency will falter. and the new foam will run again if there is an internet signal.
wxa7115
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October 13, 2018, 04:12:33 PM
 #94

In the event of a natural disaster such as an earthquake, and until it causes a break in electricity and causes a loss of internet signals, of course this will stop all Cryptocurrency activities. Because Cryptocurrency can only be accessed with the internet, and if for example this goes on for a long time, it is certain that the development of Cryptocurrency will falter. and the new foam will run again if there is an internet signal.
However an earthquake is a very local event, it only affects a region of a country or if the country is small it affects all the country but it cannot affect the whole world, so even if the local population is unable to access its bitcoin after the earthquake the rest of the world can still use the bitcoin network, also after an earthquake there is a failure of many services but those services begin to get to reestablished and as soon as you have electricity and Internet you can use bitcoin once again.

So at worst if you go through an earthquake you will not have access to your bitcoin for a few days or weeks, however if you can get to a zone in which you have access to those services the bitcoin network will be fine and it's completely unaffected by such a natural disaster.

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October 13, 2018, 05:02:51 PM
 #95

I think it might be a little affected if large-scale crypto users experience natural disasters especially when the signal loss after a natural disaster is likely to get a signal for a long time, this affects of course

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October 13, 2018, 05:14:54 PM
 #96

Natural disasters such as earthquake i think it won't affect the market price because that only has an occur place. That is just like banning cryptocurrency in the country of China, but still, the price was in stable movement. Probably having a slight effect but not totally caused by the natural disaster. Besides, if disasters will happen they can easily recover their lost money.

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October 13, 2018, 06:25:39 PM
 #97

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion

Not only crypto state, all the state will get affected in natural disaster. Their economy will badly affected in natural disaster.It may be less in man made disaster. Only thing is their money will be safety in their wallet.If you have money ,it may be lost in earthquake.But the money of cryptocurrency holder will be safe.You can login your wallet with your mail and get back your money after disaster.

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October 13, 2018, 08:12:00 PM
Last edit: October 14, 2018, 02:39:33 AM by maarx
 #98

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion


Main object is "internet". If there is a natural disaster, i do not think there will be a huge issue with internet. We have network providers who think alternative results. They will certainly make things work faster within few days of natural disaster. And in the history never it happened that the natural calamities did affect the whole world at once. I if this happens then yes, need to have a support plan. But as only few places would be affected and other places would still support crypto.



























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October 15, 2018, 09:42:18 AM
 #99

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion
I don’t think earthquake can affect the economy of a country as a whole… no, I don’t think that’s possible. It can only affect the economy of that city where it occurred, why? Because they will start focusing more on reconstruction rather than development, so every money that is coming into that city will all go for that. And if you also had in mind that it will affect Bitcoin then you will be wrong cause that’s even the least that is ever going to happen.
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October 15, 2018, 09:51:34 AM
 #100

If an earthquake happens across the Earth, then most likely the continents will be divided again will be the total collapse of the entire Internet!
I don't think there's any relation between nature cases and crypt currency. Natural disasters can only effect on country where everything ruined government take action and spend there time to recover everything.
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