Bitcoin Forum
November 02, 2024, 03:01:53 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Bitcoin without electricity  (Read 421 times)
joker_josue (OP)
Legendary
*
Offline Offline

Activity: 1834
Merit: 4933


**In BTC since 2013**


View Profile WWW
May 12, 2021, 10:19:03 PM
 #1

One thing that remains critical to using bitcoin is energy. Energy to mine, and validate transactions. Energy to trade. And energy to access our wallets.
But is it possible, to be able to use Bitcoin even when we don't have energy?

Today, if I run out of electricity at home and want to go buy some batteries, for a flashlight, I can go to a store with some fiat coins and buy batteries. But that would not be possible if you want to make that purchase in Bitcoins. This remains a very good advantage for fiat coins.

How can Bitcoin overcome this problem?


███████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████

███████████████████████
.
BC.GAME
▄▄▀▀▀▀▀▀▀▄▄
▄▀▀░▄██▀░▀██▄░▀▀▄
▄▀░▐▀▄░▀░░▀░░▀░▄▀▌░▀▄
▄▀▄█▐░▀▄▀▀▀▀▀▄▀░▌█▄▀▄
▄▀░▀░░█░▄███████▄░█░░▀░▀▄
█░█░▀░█████████████░▀░█░█
█░██░▀█▀▀█▄▄█▀▀█▀░██░█
█░█▀██░█▀▀██▀▀█░██▀█░█
▀▄▀██░░░▀▀▄▌▐▄▀▀░░░██▀▄▀
▀▄▀██░░▄░▀▄█▄▀░▄░░██▀▄▀
▀▄░▀█░▄▄▄░▀░▄▄▄░█▀░▄▀
▀▄▄▀▀███▄███▀▀▄▄▀
██████▄▄▄▄▄▄▄██████
.
..CASINO....SPORTS....RACING..


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
jackg
Copper Member
Legendary
*
Offline Offline

Activity: 2856
Merit: 3071


https://bit.ly/387FXHi lightning theory


View Profile
May 13, 2021, 12:37:28 AM
 #2

Put a wireless charger on the payment processor or anywhere in the store. A contactless card is also being charged by the till when you put it on a scanner, it's one of the reasons you have to activate it first (I think) and definitely the reason why the more you use it, the easier it is to scan.

In Europe this is kinda already a thing if you have custom in a restaurant or a bank you could expect to use a plug if one is available. Many places also have charging areas too outside for homeless people and people on breaks from work etc.
meser#
Legendary
*
Offline Offline

Activity: 1330
Merit: 1000


View Profile
May 13, 2021, 12:56:15 AM
 #3

If you have a potato or lemon farm you can do this bro: D It is necessary to take precautions earlier for such situations. Keeping some cash or storing extra battery etc. However, there is nothing to do if electricity suddenly goes out all over the world: D In such a situation, the world would be like a place of doom. What happens if electricity suddenly goes out all over the world? If you dont have any idea then you should watch this series Smiley

https://www.imdb.com/title/tt2070791/?ref_=vp_back



İmage source: https://en.wikipedia.org/wiki/Lemon_battery
greyday
Member
**
Offline Offline

Activity: 434
Merit: 52


View Profile
May 13, 2021, 01:31:12 AM
Merited by zanezane (1)
 #4

If the world was suddenly without electricity we'd have much bigger problems than currency.
Darker45
Legendary
*
Offline Offline

Activity: 2758
Merit: 1926



View Profile
May 13, 2021, 02:50:29 AM
 #5

We are still largely dependent on electrical companies. Power generation, transmission, and distribution are mostly provided by electrical grids so that when these operations are cut off, most of the houses, businesses, and other public and private establishments won't have electricity anymore. If Bitcoin were the main currency and payment system in such a scenario, commerce would also be highly disrupted.

However, in many urban centers, fuel-powered generators are always available to use whenever the main electric source is out. So business as usual. There is also a growing number of 100% off-grid business establishments and houses so Bitcoin transactions could still proceed despite power outages.

██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
██████████████████████████
 
 EVO.io 
 
BRIDGING THE GAP
BETWEEN CRYPTO
AND PLAY 
█████████████████████████
█████████████████████████
████████▀▀░░█░░▀▀████████
██████▀▄░░▄▄█▄▄░░▄▀██████
█████░░░█▀▄▄▄▄▄▀█░░░█████
████░░░██████████░░░████
████▀▀▀███████████▄▄▄████
████░░░██████████░░░████
█████░░░█▄▀▀▀▀▀▄█░░░█████
██████▄▀░░▀▀█▀▀░░▀▄██████
████████▄▄░░█░░▄▄████████
█████████████████████████
█████████████████████████

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
 
ROULETTE
SLOTS
GAME SHOWS
MANY MORE
 
......DEPOSIT BONUS......
 
UP
TO
1 BTC + 150 
FREE
SPINS
████████████▄▄▀▀█
░▄▄▄██████████
██▀▄░▄▄▄███▄███
██▄▀███████
█▀▀████████████
░█████████████████
██████████████████
███████▄▄████▀████
█▄▄██▄█▀▀███▀█████
░█▀██▀▀▀▀███████
▀█▀██▀████████████
██▀█▀▀▀█▀█▀█████████
██▄▄▀▄▄▄█▄▄██████████▄
 
..Play Now..
masphie
Full Member
***
Offline Offline

Activity: 896
Merit: 102

-= OI =-


View Profile
May 13, 2021, 03:02:22 AM
 #6

I think electric power is very dominant in all aspects, you could say that electricity is our main need at this time.
Maybe bitcoin doesn't really care about electricity, and what really needs electricity is us. Because if we lose electricity then we can't mine bitcoin or anything else. Whereas bitcoin itself doesn't matter if there is no electricity.

-= OI =-
Anonylz
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 577



View Profile
May 13, 2021, 03:48:49 AM
 #7

One thing that remains critical to using bitcoin is energy. Energy to mine, and validate transactions. Energy to trade. And energy to access our wallets.
But is it possible, to be able to use Bitcoin even when we don't have energy?

Today, if I run out of electricity at home and want to go buy some batteries, for a flashlight, I can go to a store with some fiat coins and buy batteries. But that would not be possible if you want to make that purchase in Bitcoins. This remains a very good advantage for fiat coins.

How can Bitcoin overcome this problem?



How can btc overcome this problem when it is regarded as digital currency,  and by digital it means something that process numbers or digits which are not represented physically like you have in fiat, which like you said is a disadvantage to using cryptocurrency as against fiat currency,
The only way I see this can be overcome is by having physical btc (if it will be possible) otherwise in a situation where there is total electricity outage there will be serious difficulties to access crypto.

██▄     ▄▄░
▀██▄ ▄██▀
▄▄███████████████████▄▄
▄█████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
████▀                   ▀████
████       ▄▄█████▄▄  ▀▄   ████
████      ▄██████████▄▀    ████
████      ████████▀▀       ████
████  ▄▀ ▄██▀▀▀   ▄██      ████
████   ▀▀     ▄▄███▀       ████
████▄                   ▄████
▀█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀▀███████████████████▀▀
.
SECONDLIVE
.
CHOOSE LIFE      CHOOSE SPACE      CHOOSE FRIENDS
.
                           Twitter       Telegram      Medium      YouTube      Discord        TikTok         GitHub               
        ▄▄███████▄▄▄
    ▄▄████████████████▄▄
   ████████████████████▄
  ███████▀▀▀█████████████
 ██████▌     ▀████████████
███████▀ ▀▀▄▄██▀▀▀█████████
██████             ▀███████
██████▄             ███████
 ███████▄▄        ▄███████
  ███████████▄▄▄▄█████████
   ▀███████████████████▀
     ▀████████████████▀▀
   ██████████████████████
famososMuertos
Legendary
*
Offline Offline

Activity: 1918
Merit: 3038


LE ☮︎ Halving es la purga


View Profile WWW
May 13, 2021, 03:53:25 AM
 #8

...//...
         :,,,
How can Bitcoin overcome this problem?

-...Trust!!

- / ____
Then, I'm actually not very clear with his point, if there is no electricity (!?) Common sense tells you ... wait for him to come back !! or not?

Lithium batteries work very well and can last up to 24 hours, so cell phones work very well for transactions. In these times there are so many ways to generate energy.

For confirmations !! the distribution of nodes around the world allows this to be done 24/7/365.
________ / -

G.B.

███████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████

███████████████████████
.
BC.GAME
▄▄▀▀▀▀▀▀▀▄▄
▄▀▀░▄██▀░▀██▄░▀▀▄
▄▀░▐▀▄░▀░░▀░░▀░▄▀▌░▀▄
▄▀▄█▐░▀▄▀▀▀▀▀▄▀░▌█▄▀▄
▄▀░▀░░█░▄███████▄░█░░▀░▀▄
█░█░▀░█████████████░▀░█░█
█░██░▀█▀▀█▄▄█▀▀█▀░██░█
█░█▀██░█▀▀██▀▀█░██▀█░█
▀▄▀██░░░▀▀▄▌▐▄▀▀░░░██▀▄▀
▀▄▀██░░▄░▀▄█▄▀░▄░░██▀▄▀
▀▄░▀█░▄▄▄░▀░▄▄▄░█▀░▄▀
▀▄▄▀▀███▄███▀▀▄▄▀
██████▄▄▄▄▄▄▄██████
.
..CASINO....SPORTS....RACING..


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Sithara007
Legendary
*
Offline Offline

Activity: 3374
Merit: 1354


Leading Crypto Sports Betting & Casino Platform


View Profile
May 13, 2021, 04:23:26 AM
 #9

One thing that remains critical to using bitcoin is energy. Energy to mine, and validate transactions. Energy to trade. And energy to access our wallets.
But is it possible, to be able to use Bitcoin even when we don't have energy?

Today, if I run out of electricity at home and want to go buy some batteries, for a flashlight, I can go to a store with some fiat coins and buy batteries. But that would not be possible if you want to make that purchase in Bitcoins. This remains a very good advantage for fiat coins.

How can Bitcoin overcome this problem?

The concern raised here is 100% valid, but the example being given is wrong. In case the electricity goes out for a few hours, we will still be able to use our laptops and mobile phones. And the internet connection will not be disrupted. Even if the electricity disruption lasts for a longer period, there are other options such as invertors and portable solar panels. And if you still insist, then we can use physical Bitcoins (such as the ones issued by Casascius many years ago).

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..





AVATAR & PERSONAL TEXT



Leading Crypto Sports Betting & Casino Platform




Feel free to drop your doubts bellow
Report to moderator 
♠ ♥ ♣ ♦       ▬▬▬ ▬          Stake.com     /     Play Smarter          ▬ ▬▬▬       ♠ ♥ ♣ ♦
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
L E A D I N G   C R Y P T O  C A S I N O   &   S P O R T S   B E T T I N G
 
 Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Strongkored
Legendary
*
Online Online

Activity: 2072
Merit: 1061




View Profile Personal Message (Online)
Trust: +0 / =0 / -0
Ignore
   
Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
Bitcointalk Username: strongkored
Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554
Post Count: 5040
Forum Rank: Legendary
Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt
Stake
ranochigo
Legendary
*
Offline Offline

Activity: 3038
Merit: 4420


Crypto Swap Exchange


View Profile
May 13, 2021, 04:43:25 AM
 #10

Most of the posts assumes that the electrical outage is localized, which isn't the point of this post if I understand correctly.

The answer is not possible. If there is no electricity, then Bitcoin cannot function. The same happens if there is no way to communicate with others as the network cannot transfer information. Even if you were to use something like OpenDime or pre-signed transactions, there is no way to check it as the Blockchain cannot function. Your currency can only be something that doesn't require electricity to function and there would probably be far more serious issues to be concerned about at that point.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Wexnident
Hero Member
*****
Offline Offline

Activity: 2702
Merit: 672


I don't request loans~


View Profile
May 13, 2021, 04:53:36 AM
 #11

Err as long as the store you're going to accepts Bitcoin, I think you can still transfer funds to it even without electricity in your home (granted you have your phone with you and it's charged). If it wasn't though, then generally it isn't possible since a transaction's prerequisite is that you have a medium to use for transfer in the first place. Fiat uses hands, while crypto uses mobiles (at the minimum) I suppose. There may be other mediums, but in the end, those mediums require electricity so really without it, it isn't possible.

 
 RAZED  
███████▄▄▄████▄▄▄▄
████▄███████████████
██▄██████▀▀████▀▀█████▄
████
██████████████
▄████████▄████████████▄
████████▀███████████▄
██████████████▐█▄█▀████████
▀████████████▌▐█▀██████████
▀███████████▌▀████████████
█████████▄▄▄
█████▄▄██████
████████████████████████
█████▀█████████████████▀
██████████████
▄▄███████▄▄
▄███████████████
▄███████████████████▄
█████████████████████▄
▄███████████████████████▄
████████████████████████
█████████████████████████
██████████████████████
▀█████
█████████████████▀
▀█
████████████████████▀
▀█████
█████████████
▀███████████████▀
█████████
 
RAZED ORIGINALS
SLOTS & LIVE CASINO
SPORTSBOOK
|
 NO 
KYC
 
 RAZE THE LIMITS   PLAY NOW 
maxreish
Sr. Member
****
Offline Offline

Activity: 1358
Merit: 326


View Profile
May 13, 2021, 04:55:24 AM
 #12

There are other source of energy, Sun for example can be used as a solar energy that can distribute electricity. Bitcoin definitely can not work without the energy but since there are many ways to acquire energy, then bitcoin can still work using those alternative method. Aside from the source of energy we are using right now, wind energy can also be an alternative.

So, you see. We can still mine bitcoin using those various source of energy. But then again, fiat is more accessible because of its physical existence.
AniviaBtc
Sr. Member
****
Offline Offline

Activity: 1120
Merit: 272


First 100% Liquid Stablecoin Backed by Gold


View Profile
May 13, 2021, 04:58:54 AM
 #13

If the world were to suddenly run out of electricity, there will be huge detriments not only in the economy but practically to every aspect of every one's life. Hospitals will be practically useless. Along with supermarkets, malls, facilities, and by stretch even agriculture and food production. We'd all die of starvation, some will die due to diseases, and some due to the panic and mental stress the event will cause.

Nowadays, in our generation, it is really hard to live without electricity as our lives revolve around it.

Imagine living in the dark when the night comes, imagine society without communication, do you think we can endure that?

How much more in bitcoin, it is a digital currency that only exist in the internet, It will surely fall and also I think cash will also become worthless.

bL4nkcode
Copper Member
Legendary
*
Offline Offline

Activity: 2142
Merit: 1307


Limited in number. Limitless in potential.


View Profile
May 13, 2021, 05:00:07 AM
 #14

Bitcoin is dependent on energy-electricity from your phone/desktop/tablet's battery where your wallet is installed which also require internet to connect the blockchain for validation that also needs energy/electricity to work.

As for your question, we will go to the argument that bitcoin is just an alternative to fiat not replacement. So the use of bitcoin can't solve that.
stompix
Legendary
*
Offline Offline

Activity: 3066
Merit: 6627


Leading Crypto Sports Betting & Casino Platform


View Profile
May 13, 2021, 06:05:42 AM
 #15

Most of the posts assumes that the electrical outage is localized, which isn't the point of this post if I understand correctly.
The answer is not possible. If there is no electricity, then Bitcoin cannot function. The same happens if there is no way to communicate with others as the network cannot transfer information.

Exactly, pretty weird that when clearly the OP says no energy something it's just that the power grid is down and they as an individual will get a new power source. But what about the others, miners, nodes, what about the guy who would receive that transaction, how is he supposed to get power?

The clear answer is that Bitcoin can't exist without electric energy just as card payments will not.

Bitcoin definitely can not work without the energy but since there are many ways to acquire energy, then bitcoin can still work using those alternative method.

And how can a protocol that is a bunch of code be able to acquire energy on its own?
The question was pretty simple, can bitcoin work without energy? No, it can't!
Until Bitcoin Core comes with a pack of nanobots that on install they strat building a solar panel and a wind turbine connected to your computer the whole network will still be depended on the power grid, just like every dan thing in our lives, from the coffee maker I just used to the computer I'm typing this answer.



..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
iTradeChips
Hero Member
*****
Offline Offline

Activity: 1792
Merit: 536


Leading Crypto Sports Betting & Casino Platform


View Profile
May 13, 2021, 06:22:55 AM
 #16

Let us just say in a world without electricity, I think the obvious question is, what will happen to the blockchain? Is it something like a database file that can be reactivated once the main computer housing that database can be turned on after a few years of no electricity? We know that in blackouts, the internet guarantees that the information would be available anywhere in the world since some part of the world is still connected. But if the whole world is without electricity, then aside from losing the blockchain access (your wallet is safely stored in your computer), then all other aspects of the world that needs electricity will be affected as well and we will all be preparing the dark ages.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
joker_josue (OP)
Legendary
*
Offline Offline

Activity: 1834
Merit: 4933


**In BTC since 2013**


View Profile WWW
May 13, 2021, 07:07:59 AM
 #17

Most of the posts assumes that the electrical outage is localized, which isn't the point of this post if I understand correctly.

Exactly!
Perhaps the example I set was not the best.

But the point here is, that if there is a more widespread power failure (I don't even say it is global) the use of bitcoin is no longer possible.
It is common to say that the person must have a small reserve of money, along with the emergency kit, in case of a natural catastrophe. It is not possible to do this with bitcoin.
Of course, the lack of energy in such a situation is the least of our problems.

But was there any way to make bitcoin, something that can be used in a scenario where electricity is not an option? Perhaps that is impossible.
Even because it happens, with the money we have in the bank, if there is a general lack of energy.

███████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████

███████████████████████
.
BC.GAME
▄▄▀▀▀▀▀▀▀▄▄
▄▀▀░▄██▀░▀██▄░▀▀▄
▄▀░▐▀▄░▀░░▀░░▀░▄▀▌░▀▄
▄▀▄█▐░▀▄▀▀▀▀▀▄▀░▌█▄▀▄
▄▀░▀░░█░▄███████▄░█░░▀░▀▄
█░█░▀░█████████████░▀░█░█
█░██░▀█▀▀█▄▄█▀▀█▀░██░█
█░█▀██░█▀▀██▀▀█░██▀█░█
▀▄▀██░░░▀▀▄▌▐▄▀▀░░░██▀▄▀
▀▄▀██░░▄░▀▄█▄▀░▄░░██▀▄▀
▀▄░▀█░▄▄▄░▀░▄▄▄░█▀░▄▀
▀▄▄▀▀███▄███▀▀▄▄▀
██████▄▄▄▄▄▄▄██████
.
..CASINO....SPORTS....RACING..


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
zanezane
Full Member
***
Offline Offline

Activity: 868
Merit: 150


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 13, 2021, 07:37:53 AM
 #18

If the world was suddenly without electricity we'd have much bigger problems than currency.
Exactly, money is the least of our worries because our civilization just warped back in stone age condition when all of electricity around the world is shut off indefinitely, and with the first 24 hours, millions are going to die.

Bilgent
Member
**
Offline Offline

Activity: 518
Merit: 13


View Profile
May 13, 2021, 09:16:49 AM
 #19

Bitcoin mining actually don't have to use only electricity. Renewable energy can be used and there will be no need for high electricity consumption anymore. Besides, renewable energy already started being used for mining and I hope it will cut the need for electricity completely in time.

██   ▀▀▀▀▀▀▀▀▀▀▀▀▀    ▄       BYBIT │ reddit       ▄    ▀▀▀▀▀▀▀▀▀▀▀▀▀   ██
   Sports & Derivatives Trading        Mobile App for iPhone & Android
   24/7 Customer Support        NFT Marketplace        Launchpad/Launchpool
Alucard1
Full Member
***
Offline Offline

Activity: 574
Merit: 125


View Profile
May 13, 2021, 09:53:42 AM
 #20

Almost every aspect of our lives would be a problem once we get out of electricity, Electricity is very important in our lives especially in the economy and I don't think that choosing a currency to use would be the main problem once we have that kind of problem, our economy would suffer from it because for sure all of the business and companies will get closed once they don't have electricity anymore. Based on your thread, it shows that there are still a lot of things that bitcoin cant do that fiat can do for us, bitcoin still needs something to improve to be used as the standard currency in the future.

Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!