5G & Bitcoin Risks?

[very_452001]

Current cell towers already have cpus? There are fewer towers due to frequencies but 5g might not need as powerful cpus either per tower...

Most data is encrypted end to end too... WhatsApp is encrypted with only the sender, receiver, server, and whoever the server distributes it to. Censoring private messages is nothing western governments should really tolerate.

The 5glte, 5g+, 5g super high performance may come out, but I don't know how likely it is to not have a continuously evolving set of standards..

In the UK 5g with Vodafone started at about 40 mbps and three at about 20, already Vodafone has advanced to 150mbps so I imaging this'll just continue. The more towers the better the coverage is probably the way they'll go, 5g compatible devices are compatible up to 10gbps and there may be a point where it needs extending further but for now that isn't necessary.

I hear 5G towers are less power consumption in compared to 4G however the new 5G frequencies are super high and fast but shortwave by nature meaning the signal is powerful but cant travel far.

Dont know what kind of cpu's in the 5G towers. Can these cpu's or frequencies decrypt encrypted data real time or impossible?

~

So will 5G have a upgrade in few years time to 5G MAX or 5G+ or 5G ultimate or whatever they wanna call it?

Do these mid life upgrades require new hardware masts/satellites/towers?

I don't know about 5G for sure but I do know that Elon Musk's Starlink is going to be upgraded in a matter of years and I believe it's going to be on-the-fy (or over-the-air). Isn't it a bit nonsense to bring up satellites, towers etc and then having to physically get some other hardware to upgrade the network?

If I think it logically, it's probably a matter of time and hitting a certain goal. Once Elon Musk has all his satellites up and running, he's probably going to tune them all to the max power. If so, I assume the same will happen to 5G hardware too.

~

Lastly coming onto Bitcoin Risks with the 5G being rolled out everywhere as we speak. Like discussed above if 5G can do some smart processing on its own independently then can the Government use the 5G network to ban Bitcoin Payments done outside the home if phone is connected to 5G? For example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Why would they specifically use 5G to ban BTC payments? If they want to ban it, they'd legally do it through regulations so you won't be able to use it to pay for your coffee/groceries anymore. Moreover, if 5G was the way they wanted to block BTC, that means you could bypass the ban by using Wi-Fi.. so if you're expecting the govs to block it, then expect something straight & forward and fool-proof regulations.

If Elon Musk sending all those 5G satellites into space to beam to earth 5g frequencies then what use are the 5G towers down on earth then?

Yes its possible to overcome the ban with wi-fi then that means you cant spend bitcoin outdoors at the shops then right?

While i don't know technical details of 5G, packet analysis (the more advance version, which is deep packet inspection) already used by government and ISP to track you or/and sell your data. You don't need 5G to do it.
As long as end-to-end encryption are legal and your connection uses end-to-end encryption, you don't need worry your Bitcoin transaction getting blocked.

However, some country plans to make end-to-end encryption illegal or make it's not really end-to-end encryption (e.g. forcing companies to give government encryption key or the software must send the data/metadata to government before encryption/after decryption).
The example is EARN IT by US government.

TLDR : there's no real risks towards Bitcoin from 5G technology.

But 5G will ramp up data collection and privacy issues tracking as I assume 5G can process more than 4G and this Internet of Things IOT relies on the 5G infrastructure right?

The next stage for bitcoin is the lightning infrastructure right?

So how will BTC & Lightining go well with 5G and IOT?

[moderator's note: consecutive posts merged]

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[jackg]

I hear 5G towers are less power consumption in compared to 4G however the new 5G frequencies are super high and fast but shortwave by nature meaning the signal is powerful but cant travel far.

Dont know what kind of cpu's in the 5G towers. Can these cpu's or frequencies decrypt encrypted data real time or impossible?

If there's a simple backdoor in common cryptographic operations then they may be able to decrypt your data.
If you've connected to a website and haven't got a secure connection failed error, it's unlikely they've been able to decrypt your packets. I don't know if additional encryption would be added at these nodes but I'd say it'd be a foolish inefficiency...

[very_452001]

for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

If somebody would want to block transactions they don't need 5G for that.
Packet sniffing can happen on anything, even on 3G or 4G or the McDonalds free wifi (which surprisingly some use to access the forum).  

For example if whatsapp want to censor the word Bitcoin in messages then the 5g network can process that without WhatsApp AI servers doing it.

Nope and also none of the above.
You're understanding something wrong, attributing some magical power to a technology and a protocol.
It's like asking if the blockchain can stop you from buying marijuana over the dark web.

Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Most efficient? Lol...what about transactions done via cable?
I told you a hundred times, rather than going to all this trouble of finding blocking solutions when not even 0.1% of the population has 5g ready phones and nobody knows how many bitcoiners are actually making transactions over 5g or will ever make one (I for one have no wallet right now on my phone), they can simply ban usage.
40 years in prison for engaging in anything related to bitcoin.
In two days after the US and EU do this, the crypto space will be a wasteland.

Stop trying to envision sci-fi scenarios and mysterious conspirations, if they want to stop it they won't be doing it by sniffing mobile data.

The Governments managed to synchronised together and get 3 billion people in Lockdown though. It seems the whole world lockdown is done by 1 centralised world government with countries following orders.

So imagine what they can do Bitcoin if they decide to ban it. And if such event happens then what can the bitcoiners do?

If government can do this on a huge scale in little time then

[rexxarofmoknathal]

I don't think the two technologies are opposing one another

If anything, 5G should actually make Bitcoin more accessible than ever before, especially when Elon Musk's StarLink Satellites start beaming internet to even remote regions.

I personally believe that we need an internet system that cannot go down no matter what. At that point, Bitcoin will be practically invulnerable and will be able to continue its already meteoric growth.

[Zionatin]

What on earth are you talking about? You sound like a crazy paranoid person. If you are living in a country that would go that far to restrict you using a digital currency like bitcoin then why live there? You may as way have a dictatorship or probably already do. In a country like that what our rights do they take from you?

for example if I want to pay for my coffee or groceries using bitcoin on my phone connected to 5G then will 5G block the payment leaving me no choice but to use the government centralised digital coins or tokens?

Yeah, it will also scan your body and if they realize you don't have an uptodate chip with your social commitments to the NWO  a drone will be dispatched to...dispatch you

If somebody would want to block transactions they don't need 5G for that.
Packet sniffing can happen on anything, even on 3G or 4G or the McDonalds free wifi (which surprisingly some use to access the forum). 

For example if whatsapp want to censor the word Bitcoin in messages then the 5g network can process that without WhatsApp AI servers doing it.

Nope and also none of the above.
You're understanding something wrong, attributing some magical power to a technology and a protocol.
It's like asking if the blockchain can stop you from buying marijuana over the dark web.

Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Most efficient? Lol...what about transactions done via cable?
I told you a hundred times, rather than going to all this trouble of finding blocking solutions when not even 0.1% of the population has 5g ready phones and nobody knows how many bitcoiners are actually making transactions over 5g or will ever make one (I for one have no wallet right now on my phone), they can simply ban usage.
40 years in prison for engaging in anything related to bitcoin.
In two days after the US and EU do this, the crypto space will be a wasteland.

Stop trying to envision sci-fi scenarios and mysterious conspirations, if they want to stop it they won't be doing it by sniffing mobile data.

The Governments managed to synchronised together and get 3 billion people in Lockdown though. It seems the whole world lockdown is done by 1 centralised world government with countries following orders.

So imagine what they can do Bitcoin if they decide to ban it. And if such event happens then what can the bitcoiners do?

If government can do this on a huge scale in little time then

Bitcoin is not like a virus is doesn't threaten your life and it is easy to catch someone outside when they shouldnt be but its almost impossivle to prove if someone has bitcoins. Next thing you going to be telling me that the goverment wants to see your HIV status and blood type as well? You saying you wouldn't use bitcoin? People break laws all the time for years. Stupid laws that should never have been laws to begin with are broken all the time. Why should we not be able to ad as we please as long as we harm noone? Who gets to decide that? Why should we listen to it to begin with? Because of a few people in congress?

[Wind_FURY]

BUT THIS conspiracy theory about 5G is what, I believe, could be true. Plus there might be more conspiracy theories invented based on this conspiracy theory, currently because everyone hates China for releasing COVID-19.

https://www.sciencefocus.com/news/5g-and-the-huawei-controversy-is-it-about-more-than-just-security/

This has been met with concern, because China seems to be building a surveillance state that is tracking, ranking and controlling its entire population. The fear is that the Chinese government could leverage that data flowing through the parts of the network they build to expand its propaganda and censorship regime beyond its shores.

[stompix]

The Governments managed to synchronised together and get 3 billion people in Lockdown though.
 It seems the whole world lockdown is done by 1 centralised world government with countries following orders.

I don't know where you saw that synchronization cause I'm missing it totally here in Europe. I doubt there are two countries with the same measures, and there are countries with almost no measure at all like Sweden. There was no such thing and there is no such thing as a world government if it were we wouldn't have had this mess in the first place.

If government can do this on a huge scale in little time then

Yeah, cause governments are known to act fast, as they did in this situation...very fast and decisive and with no sarcasm at all.

What on earth are you talking about? You sound like a crazy paranoid person. If you are living in a country that would go that far to restrict you using a digital currency like bitcoin then why live there? You may as way have a dictatorship or probably already do. In a country like that what our rights do they take from you?

Well, this is the main problem with the way people are thinking.
Let's stop this technology because if the government decides to use it for evil and nefarious purposes...oh, how about we stop electing people that would lead us to such a situation for the first time. The cruelest repressions by the governments or dictatorships all over the world happened with the traditional firearm, not with sextortion tapes, yet I don't see anyone arguing the military shouldn't have guns 

[20kevin20]

If Elon Musk sending all those 5G satellites into space to beam to earth 5g frequencies then what use are the 5G towers down on earth then?

Yes its possible to overcome the ban with wi-fi then that means you cant spend bitcoin outdoors at the shops then right?

AFAIK, Musk's satellites will not beam 5G frequencies. It's something similar to the 5G technology, but not the same thing. The 5G towers will be available in cities of developed countries. Musk's satellites are brought up in the sky to get internet connections even in areas that have never seen internet connection coverage before.

If Bitcoin would ever be banned, it is common sense that you won't be able to pay at any point of interest. It'd only then become the "criminal's favorite coin", but if authorities ban it, don't they ever call me a criminal because they banned it. A BTC ban seems more and more realistic to me though - the authoritarian way of leading a country is on the rise while privacy is shrinking to the point where it'll be just an idea. Just a theory and a definition.

[so98nn]

Why would they specifically use 5G to ban BTC payments?

If they want to ban it, they'd legally do it through regulations so you won't be able to use it to pay for your coffee/groceries anymore. Moreover, if 5G was the way they wanted to block BTC, that means you could bypass the ban by using Wi-Fi.. so if you're expecting the govs to block it, then expect something straight & forward and fool-proof regulations.

Because it would be the most efficient, and effective way to attack, and stop Bitcoin, and remove censorship-resistance, its main value-proposition.

Im pretty sure censorship resistance can not be removed from the blockchain technology considering its limitless blocks encoded with irreversible secure hashing algorithm.

What they could with the 5G frequency ? Reverse the impossible seed that was generated with gibberish hash with no relation to input data ? (ex. transaction, where it is coming and whereto going?)

May be that would be impossible to do it over a network. It will block the banking too since they do use SHA protocols as well.

[Chris Barth]

Actually, it is very possible that your service provider can hinder you from making such transactions. I can verify this based on a feature my service provider gives. This feature allows you to view specific website only. If they could do that, they can keep you away from connecting to your wallet or maybe a bitcoin related site. 

[wozzek23]

Some people have said that if it’s possible, that we can avoid such a problem by making use of Wi-Fi when we want to make use of our Bitcoin wallets, whether we are outside or at homes, we should connect to Wi-Fi. But I’m not really sure about this, and I’m also not going to believe that 5G networks will be used by the government to trace and destroy cryptocurrency addresses and wallets.

If that should be the case, anyone who wants to make use of Bitcoin in transaction should always try to generate and make use of new addresses at all times. I believe by generating new address, you can avoid being traced and all sort of things like that.

[Zrobey]

I think it's funny and stupid. There is no risk to health (only for mental health)

[MCobian]

I doubt the 5G technology is being used by the government to block bitcoin transactions. To my knowledge 5G technology only
speeds up internet connection, as is the case when upgrading 3G to 4G. So no need to worry bitcoin will be threatened with
5G technology. If the government intends to block bitcoin transactions, there is no need to use 5G technology. Simply make
a banned policy against bitcoin. In fact only a few countries have banned bitcoin.

[anoufal]

How can these things be connected? I don't understand it at all.

[davinchi]

Lol I am seeing people who are saying that they would make use of WiFi instead of the 5G network. Seriously, where's the difference there if the WiFi is still connected to a 5G network? WiFi doesn't magically give you access to the net, it's connected to a network and you can then connect lots of devices to it. So, what's really the difference? You will still be making use of that same network. My own opinion would be that if there should be a situation as such, the best thing we can do is to switch our Network down from 5G to either 4G or 3G. Right now I still make use of the 3G network, and hardly switch to 4G except in a situation where the 3G is acting slowly.

[Ibizugbe1]

I believe 5G is just an upgraded internet technology which will make things more faster and better than we currently do have and not a tool in the hand of government to control or ban bitcoin. There has been too many conspiracy theorem around the 5G connection which am still studying its harmful effect.

[Jollyjoe]

I don't know much about 5G because I don't know much about physics. But it should be noted that the increase in speed will affect the increase in the power of processors, which will allow you to extract more and more cryptomonets.