What if there is a natural disaster, such as an earthquake?

[finaleshot2016]

It always depends on the casualties of natural disasters. If the earthquake caused massive damage to the whole city and affecting the most efficient way to communicate and implement jobs which almost run most of the businesses nowadays which is the internet, then the economy will be doomed. One more thing that shouldn't be damaged is the electricity, without we can't make things work properly, productivity will go down. But in this kind of situation, I don't want to think about the effects of it on our economy because the one that will be affected is us.

[Swopon]

Natural disasters are commonly held on selected area. We have nothing to fight with it but we can escape us from heavy loss by leaving from that selected area based on weather news.

Still we are facing Covid-19 case, it can be considered as a disaster too because of its nature. Still people are getting closed at home due to lockdown in many places. Still we are facing and we will face if there has any occurrence happened.

[shoreno]

Natural disasters are commonly held on selected area. We have nothing to fight with it but we can escape us from heavy loss by leaving from that selected area based on weather news.
Still we are facing Covid-19 case, it can be considered as a disaster too because of its nature. Still people are getting closed at home due to lockdown in many places. Still we are facing and we will face if there has any occurrence happened.

the only difference of covid from common natural disasters is that covid is felt worldwide although covid didnt damage signals or towers therfor we can still peacefuly continue our online works including crypto .

i am not trying to say that covid is much better because covid already damaged alot of lives and jobs , there are no disasters that are good but all of them are bad . forunately the humans are just strong because despite of disasters and economic problems we are still fighting and slowly returning to our normal lives

[Smitty Werben Man Jensen]

There's no age restriction for bitcoin, anybody can go along with it.
I have two children and both aren't grown-up yet they actually taking interest in bitcoin and set aside their cash by buying the cryptographic forms of money.
On the other hand, my dad is too old yet he actually utilizes the bitcoin from their pension, and I use a portion of my compensation to purchase bitcoin and spare it for my future.
You can join the bitcoin network regardless of who you're.

Right so don't worry if ordinary people are interested and want to buy bitcoin,
because anyone has the right to buy bitcoin and investing in cryptocurrency is no less profitable than investing in gold,
especially investing in bitcoin because we know ourselves that until now the price of bitcoin has increased and it could still increase again

[mezzaluna]

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 believe that certain natural disasters would not stop the access to Cryptocurrencies as long as there is internet. So as long as the Internet keeps working, we can have access to Cryptocurrencies BUT once our access to the Internet is gone, the Crypto Industry might be affected but it must be a world wide event since there are already some place within earth that has no Internet connection and people are still looking for ways to be within this industry.

If a country experiences natural disasters, it will surely affect their economy IF they do not have any plans to recover fast. Lets take Japan for an example, ever since they are experiencing natural and unstoppable disasters, they are still having a great time because they can easily recover from it because they have well thought out plans and every country must consider copying Japan if they want to have a better response to calamities.

[pinggoki]

To be honest, if there will be a natural disaster just like earthquake that might get into our country then it would be a big problem for us because many people might die on this kind of natural disaster and also if this happens a lot of companies will go down including the economic growth of such country. It would have also an big effect the cryptocurrency because if earthquake happens there will be no signals and internet and nobody can use cryptocurrency as it needs a internet to be accessed.

[Abiky]

Worse than a natural disaster have happened around the globe. With the pandemic people have affected physically, mentally and economically. If natural disaster or anything against the atmosphere could affect the growth, then it should've caused a big decline for bitcoin. What we experienced is the growth, and this means bitcoin is independent and has the potential to overcome any form of disaster depending on the support from people.

Bitcoin has been built to handle even the most drastic situations you could imagine. An earthquake in a specified region won't have an effect over Bitcoin's prominence in the mainstream world, as nodes are geographically distributed. Only a global earthquake will be able to disrupt the Bitcoin network in its entirety. And you and I know this is largely impossible. What could happen is that you won't be able to access Bitcoin after an earthquake. That's because there will be no power or Internet access whatsoever. You can lose your Bitcoin holdings too, if you didn't manage to secure it properly beforehand.

Nonetheless, it's been shown from time to time that Bitcoin is a "force to reckon with". It has faced constant opposition from central banks and governments, and now the pandemic. Yet, it has been standing strong reaching new ATHs in price. Mainstream adoption for Bitcoin and other cryptocurrencies has increased at a fast pace. If Bitcoin has handled the worst situations in life, don't you think it can handle an earthquake easily? Just my thoughts

[DrBeer]

Worse than a natural disaster have happened around the globe. With the pandemic people have affected physically, mentally and economically. If natural disaster or anything against the atmosphere could affect the growth, then it should've caused a big decline for bitcoin. What we experienced is the growth, and this means bitcoin is independent and has the potential to overcome any form of disaster depending on the support from people.

Bitcoin has been built to handle even the most drastic situations you could imagine. An earthquake in a specified region won't have an effect over Bitcoin's prominence in the mainstream world, as nodes are geographically distributed. Only a global earthquake will be able to disrupt the Bitcoin network in its entirety. And you and I know this is largely impossible. What could happen is that you won't be able to access Bitcoin after an earthquake. That's because there will be no power or Internet access whatsoever. You can lose your Bitcoin holdings too, if you didn't manage to secure it properly beforehand.

Nonetheless, it's been shown from time to time that Bitcoin is a "force to reckon with". It has faced constant opposition from central banks and governments, and now the pandemic. Yet, it has been standing strong reaching new ATHs in price. Mainstream adoption for Bitcoin and other cryptocurrencies has increased at a fast pace. If Bitcoin has handled the worst situations in life, don't you think it can handle an earthquake easily? Just my thoughts

I will assume that you are a little mistaken. In cases associated with such situations, stable cash currencies, food products, and essential medicines become the most demanded. Let's simulate the situation - there was a large-scale earthquake. You are in a large ruined city. There is no connection, communications. There are wounded, some do not have enough medicines, some have run out of food. But those in need have bitcoin. So what ? How they can use it in such a situation. The answer is simple - NO.

[Sebas.tian]

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?

Yes, there will be effect on crypto state. The economy of the country will be in danger if there natural disasters in the country,like what many countries are experiencing from covid-19 over a year plus now. As long crypto is be connected to internet which is the access for the citizens to carry out their crypto activities business there must be effect on crypto in that particular state.

[LUCKMCFLY]

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?

Yes, there will be effect on crypto state. The economy of the country will be in danger if there natural disasters in the country,like what many countries are experiencing from covid-19 over a year plus now. As long crypto is be connected to internet which is the access for the citizens to carry out their crypto activities business there must be effect on crypto in that particular state.

There is a way to make or establish a type of communication with radio waves, this just in case there is a worldwide internet failure, it is a type of study that is in project, in fact it was in project by a group of young people in Venezuela as an alternative to the great failure of the national electricity system and its internet service. At the signal level it is possible, but I think they ran out of budget and did not continue developing. I think this is a great alternative, of course it is somewhat incomplete because the miners are in evidence.

[wxxyrqa]

I believe that no cryptocurrency user needs to worry about their financial situation if all assets are concentrated in cryptocurrencies. Even if natural disasters occur in the country in which this person lives, the economy will suffer first of all, and accordingly the value of the national currency will decrease. Based on this, cryptocurrencies have a huge advantage over fiat currencies.

[Julius P]

I believe that no cryptocurrency user needs to worry about their financial situation if all assets are concentrated in cryptocurrencies. Even if natural disasters occur in the country in which this person lives, the economy will suffer first of all, and accordingly the value of the national currency will decrease. Based on this, cryptocurrencies have a huge advantage over fiat currencies.

Yea good point. In this situation crypto have advantage over other fiat money.

[geegaw]

I believe that no cryptocurrency user needs to worry about their financial situation if all assets are concentrated in cryptocurrencies. Even if natural disasters occur in the country in which this person lives, the economy will suffer first of all, and accordingly the value of the national currency will decrease. Based on this, cryptocurrencies have a huge advantage over fiat currencies.

You are truly a loyal fan of crypto because if a natural disaster happens, people will worry more about preserving their lives, they will care more about food and subsidies, the economy and the damage caused by natural disasters will all be the last thing that people care about, nobody has time to think of crypto as you do during the time of disaster. The disadvantage of this story is that many holders will lose their wallets or cryptocurrencies will hibernate in their accounts forever but at least the scarcity will add value

[Noctis Connor]

I believe that no cryptocurrency user needs to worry about their financial situation if all assets are concentrated in cryptocurrencies. Even if natural disasters occur in the country in which this person lives, the economy will suffer first of all, and accordingly the value of the national currency will decrease. Based on this, cryptocurrencies have a huge advantage over fiat currencies.

It's true the one will be affected is the fiat currency not the bitcoin it self if come to this maybe those who had bitcoin miner business will be affected too this is the only way they get their money from it and it will be totally lost for sure. Well a one country when it comes of calamity they always use they state funds which is fiat and not any of those currencies maybe when they are ties in it or they just investing some of their economy funds into bitcoin so it can help them to grow more when it comes to fiat.

[iamsheikhadil]

I believe that no cryptocurrency user needs to worry about their financial situation if all assets are concentrated in cryptocurrencies. Even if natural disasters occur in the country in which this person lives, the economy will suffer first of all, and accordingly the value of the national currency will decrease. Based on this, cryptocurrencies have a huge advantage over fiat currencies.

I agree on it a bit, but still, it applies not only for crypto but if you have bought stocks of international companies, or lands in foreign lands or gold, then also you won't have to worry since your resources are technically safe. But as another user said, your financial situation would be the last thing that will keep you awake at night, a natural disaster of such a level that can destroy the national economy of a country is too much to not worry about own life, survival and friend, relatives who would need money to meet their needs

[Matimtim]

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

In my own opinion, those things have not big effect in the crypto situation because if those disaster happened in somewhere in this world it never takes too long to fix whatever damages it will cost because the government will fix it as soon as possible as they can because they need it to deliver good services in the public, they need cellphone signal, electricity to charge thier phone and to open their computer.

[ReiMomo]

~snip~

I will be very happy with your opinion

In my own opinion, those things have not big effect in the crypto situation because if those disaster happened in somewhere in this world it never takes too long to fix whatever damages it will cost because the government will fix it as soon as possible as they can because they need it to deliver good services in the public, they need cellphone signal, electricity to charge thier phone and to open their computer.

When the pandemic was hit last year, it has a slight effect on the bitcoin price, it will I guess consider a disaster because every one of us suffered too much on that pandemic. At that time, as far as remember, bitcoin slightly drop but not too much and then after a week, it shows a significant increase and the other investment like a stock or even oil and crude was really suffered at that time, but bitcoin didn't have an effect.

Whatever happens, bitcoin will have remained its value through demand and supply.

[AndySt]

In my own opinion, those things have not big effect in the crypto situation because if those disaster happened in somewhere in this world it never takes too long to fix whatever damages it will cost because the government will fix it as soon as possible as they can because they need it to deliver good services in the public, they need cellphone signal, electricity to charge thier phone and to open their computer.

I agree and disagree with you at the same time, because everything depends on the scale of the disaster and where the disaster occurred. Every year in the territory of our planet there are natural disasters and it is impossible to say that any of them directly really had a strong impact on the world ecomics, because usually it is concentrated on a fairly compact territory and in most places these disasters occur quite regularly and the authorities have already developed a set of measures necessary to overcome the negative consequences. Therefore, if a natural disaster occurred in a compact area, then yes, cryptocurrencies with their decentralized principle will continue to operate effectively.

[supine]

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

Earthquakes occurs only in specific areas. Therefore even if there is n earthquake there no effect on crypto state.
Unless the situation is very much related to crypto then it may have an effect on crypto.
But natural disaster dont have effect on crypto

[SmokerFace]

There's no age restriction for bitcoin, anybody can go along with it.
I have two children and both aren't grown-up yet they actually taking interest in bitcoin and set aside their cash by buying the cryptographic forms of money.
On the other hand, my dad is too old yet he actually utilizes the bitcoin from their pension, and I use a portion of my compensation to purchase bitcoin and spare it for my future.
You can join the bitcoin network regardless of who you're.