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Author Topic: Would Bitcoin Survive A Nuclear War?  (Read 1054 times)
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October 23, 2022, 04:32:31 PM
 #61

Dude, you talking about NUCLEAR war! That would be the time when you and me will have to find the shelter underground somewhere on the horizon to save our own asses man! Who would think about bitcoin and even dollar bill when people will be killing each other for food, water which is not radioactive.

Our own lives will be more important than the bitcoin or blockchain. There will be nothing available in the nuclear war. The only thing that will keep us going on is survival instinct. That’s all.
It will be hard to survive in a nuclear war, it will affect the world not just 1 country once it is release and I doubt if that happen people will mind their investment. We will mind ofcourse ourselves and our family safety. The war alone is already hearth breaking and affects many countries economy and safety. What more if Nuclear been used, hopefully it will never happen and peace will be find as much as possible.

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October 23, 2022, 11:22:17 PM
 #62

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

I also think Bitcoin will survive a Nuclear War.  If we look at the system or the structure of Bitcoin, miners are scattered around the world.  The same goes for its nodes.  As long as the whole world is not devastated by nuclear weapons, Bitcoin will survive as long as there is 1 miner up and 1 node up.  If ever the internet shut down during the war, I think it will be one of the priorities to reestablish it since communication is very important. A temporary halt of the Bitcoin network doesn't mean it will perish and I do not think Bitcoin enthusiasts will be wiped out during that nuclear war.
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October 23, 2022, 11:30:03 PM
 #63

A temporary halt of the Bitcoin network doesn't mean it will perish and I do not think Bitcoin enthusiasts will be wiped out during that nuclear war.
This probably will be the case for bitcoin and every altcoin if ever a nuclear war happens. Including of shutting down internet from affected countries, food will be scarce as every daily needs will price hike, also new virus/sickness will grow due from different reasons when there are lots of dead bodies. But this will only happen most probably on the country where the battlefield is.

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October 24, 2022, 05:37:06 AM
 #64

Nuclear war can be a very real threat, especially in all kinds of near-planetary clusters. But unlike nuclear weapons, actualization of virtual currencies is actually a possibility. Obviously the time to go offline is upon us.

The world of digital money may seem like a different case, but it all starts with a little insight into how these innovations have helped the development of civilization. You may be surprised to see that many aspects of our daily lives are directly related to money and gold.

I can only hope that inspiration drives more people to use cryptocurrencies and that progress continues to become more ingrained in our society.

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October 24, 2022, 06:02:18 AM
 #65

I am not sure if I will still be thinking about the progress, usage, or market of Bitcoin if ever a nuclear war comes.
Maybe I will just tremble in fear and die from a heart attack then I won't be able to think about it anymore.
But just for the "if" yes it might.
As for our asset, as long as the seed phrase, private key, or JSON file is intact then you could still open it if there will be an application available at that time. We will just wait for the internet to be available again for online transactions.

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October 24, 2022, 06:03:34 AM
 #66

Let's be honest... the last thing people will worry about, when they are devastated by a Nuclear War... will be "money" ... Just think about it, most buildings in large cities will be destroyed... radiation will be killing millions of people, because direct exposure and indirect exposure from contaminated food and water will be killing them slowly.

I think people will go into survival mode and they will be searching for clean food and water.... and long after that, communication and Internet systems will be restored and Bitcoin and other financial systems will follow after that.  Wink


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October 24, 2022, 08:00:48 AM
 #67

I don't see why we connect bitcoin with these war like situations and make comparisons on these basis? If the population gets vanished the bitcoin would still be there in wallets but if someone doesn't live to access it then there's no fun of such things.The coming blocks would not to mined in the absence of miners and coins in circulation will be same but at the last the same thing comes up that you need to access and make transactions for some real life working otherwise it would be automatically dead.

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October 24, 2022, 05:47:44 PM
 #68

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

If a world war starts and one of those old farts remembers to use nukes, it will not be only Bitcoin that will be disappearing. It will be the end of the world as we know it. Bitcoin would be the least of your concerns in the that scenario...
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October 24, 2022, 06:18:25 PM
 #69

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
This article explains how bitcoin can be used without internet https://cryptomode.com/4-ways-to-use-the-bitcoin-network-without-an-internet-connection/

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October 25, 2022, 05:09:26 PM
 #70

Nuclear war is a nightmare that we should pray not to have. It is not something to think about. I keep wondering why Nations will have nuclear equipment that they will not use. You have equipment for massive destruction and there is a law that says that such weapon cannot be used anytime. what is the essence of having the weapon?
We should only pray that nuclear war should not happen because if it does I am not sure that humanity will survive. It is the human that use bitcoin so if there are no humans how will bitcoin survive?

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CryptoHeadlineNews
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October 25, 2022, 05:54:54 PM
Last edit: October 25, 2022, 06:17:24 PM by CryptoHeadlineNews
 #71

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
On the contrary, nobody prays for war and a nuclear war will be the worst kind of war anybody can ever think of, because this statement can be arguable base I two different point of view. (I.e If is a global nuclear war, then No Bitcoin can not survive it but if is a nuclear war affected by a single nation, then Yes bitcoin can survive it.) Because first,  Bitcoin is a digital currency that exist with the use of internet for it's sole operation unlike gold and fiat currencies that are physical and can be easily affected in case of fire outbreak and bomb blast without a recovery option unlike in the case of Bitcoin with the use of a recovery phrase. Because if a wallet containing Bitcoin happens to be destroy during a nuclear war, i am pretty sure such Bitcoin can still be recovered, in as much as that individual can still remember the 12 seed phrase words, unlike fiat that if it gets destroyed, it is gone for good.

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Twentyonepaylots
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October 25, 2022, 06:06:53 PM
 #72

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

I agree with the content of the article, especially with the quotation “The only way to kill Bitcoin is to make it obsolete… like through nuclear war!”. We all know that if there is war like nuclear war, money is useless, no amount of money can save a life in the right place at the right time. Bitcoin and Crypto needed people for it to circulate, if people died and go extinct because of nuclear war the circulation of crypto will be cut off.
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October 26, 2022, 12:17:13 AM
 #73

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet

That's an excellent question. A full-scale nuclear war would disrupt the Bitcoin blockchain so badly, that only a small number of nodes and miners will remain online. By that time, people will be thinking on how to survive instead of hoarding currencies or investing in risky assets such as Bitcoin or Gold. Why would you care about Bitcoin when humanity would be at the risk of extinction?

I'd say a nuclear war would be inevitable due to rising geopolitical tensions all around the world. There are many countries with a huge nuclear arsenal at their disposal, ready to fire at will. When will that happen (WW3?) is an excellent question. I just hope the conflict between Ukraine and Russia comes to an end, otherwise things will only get worse in the long run. Who knows if there's a dark future ahead of us? Just my thoughts Grin

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November 16, 2022, 07:33:14 AM
 #74

What do you think about it? I read this article in the Market Times https://markettimes.co.uk/cryptocurrencies/would-bitcoin-survive-a-nuclear-war/ and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
I believe that nuclear war is not an absolute factor to destroy Bitcoin. Of course, if such an extreme situation occurs, human beings will disappear. Bitcoin is for human beings, so its existence is meaningless. I am also very puzzled, why There are such doubts. If it is because the current market sentiment is depressed and you can't find the direction? Or because of a loss of confidence in Bitcoin. Don't stress too much. In the world of digital currencies, this is all normal.
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November 16, 2022, 07:38:56 AM
 #75

We will need a lot of cash or fiat in case of nuclear war.

No.

Cash and fiat will be useless after a society-ending war. The only things that will have value will be the things that keep you alive:
  • Food
  • Fresh water
  • Medicine
  • Shelter
  • Bullets and other weapons

If you can't eat it, drink it, or use it to protect yourself from weather, disease, and hostile people or animals, then it's pretty useless.

  • Gold? Largely valueless and useless.
  • Diamonds? Largely valueless and useless.
  • Coins? Largely valueless and useless.
  • Paper/linen/plastic cash? Largely valueless and useless.
  • Credit cards and debit cards? Largely valueless and useless.
  • Bank accounts? Largely valueless and useless.
  • Stocks and bonds? Largely valueless and useless.



I think many people will think that society will recover eventually, so diamonds etc will keep their value. Money will be replaced by new currency, so money will of course be worthless.
Same goes for bullets and guns. If there is really a war, the military will make these available everywhere for basically free.
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November 16, 2022, 08:09:39 AM
 #76

First of all, there are two situations, one is whether a nuclear war destroys part of mankind or destroys all mankind. The birth of Bitcoin is based on a financial revolution when mankind has reached a certain stage of development. If only some people survive and finance is still developing, then Bitcoin still has the meaning of existence, but if there is no human being, then Bitcoin has no meaning of existence.
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November 16, 2022, 08:37:05 AM
 #77

In the event of a nuclear war, many places would be razed to the ground. Survival was a big issue back then, and no one cared if the price of Bitcoin went up or down.
We had to think too much, and Bitcoin didn't seem so important at that time.
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November 16, 2022, 11:51:45 AM
 #78

Dude, you talking about NUCLEAR war! That would be the time when you and me will have to find the shelter underground somewhere on the horizon to save our own asses man! Who would think about bitcoin and even dollar bill when people will be killing each other for food, water which is not radioactive.

Our own lives will be more important than the bitcoin or blockchain. There will be nothing available in the nuclear war. The only thing that will keep us going on is survival instinct. That’s all.
It will be hard to survive in a nuclear war, it will affect the world not just 1 country once it is release and I doubt if that happen people will mind their investment. We will mind ofcourse ourselves and our family safety. The war alone is already hearth breaking and affects many countries economy and safety. What more if Nuclear been used, hopefully it will never happen and peace will be find as much as possible.
If a nuclear war really comes, what we should consider is whether we can still live? Will there still be a country at that time? Whether there will be human beings is a question, but I think at least there will be no nuclear war in the few decades we are alive Because although there is a war at present, it has not reached a very large-scale war, and human beings have not formally contacted alien civilizations, and cannot immigrate to other planets, so what is the benefit of launching a nuclear war now?
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November 16, 2022, 03:27:41 PM
 #79

If a nuclear war really comes, what we should consider is whether we can still live? Will there still be a country at that time? Whether there will be human beings is a question, but I think at least there will be no nuclear war in the few decades we are alive Because although there is a war at present, it has not reached a very large-scale war, and human beings have not formally contacted alien civilizations, and cannot immigrate to other planets, so what is the benefit of launching a nuclear war now?

You may be will surprise but no wars are beneficial for humankind so there are some other reasons for them always, most are not really wise. If we talk about nuclear war it is totally mad, but we know there are mad people in society. So some insane things do unfortunately happen.

Bitcoin itself will survive as while at least one copy of its ledger exists Bitcoin exists. So main question is if a society will be advanced enough to have need and opportunity to use it and there might be many variations.

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November 18, 2022, 12:55:34 AM
 #80

You may be will surprise but no wars are beneficial for humankind so there are some other reasons for them always, most are not really wise. If we talk about nuclear war it is totally mad, but we know there are mad people in society. So some insane things do unfortunately happen.

Bitcoin itself will survive as while at least one copy of its ledger exists Bitcoin exists. So main question is if a society will be advanced enough to have need and opportunity to use it and there might be many variations.

Bitcoin will survive, but not many people will use it. In times of war, the first thing that comes into mind are life necessities such as food, water, and shelter. Money is out of the picture. You can bet a nuclear disaster would reduce the number of nodes on the BTC blockchain (effectively making it less secure against external attacks). I suppose we're close to seeing a full-scale nuclear war (WW3?), especially when Putin have been threating Ukraine to use nuclear weapons against it (although he has soften its stance lately).

It's a dangerous world we're living today, where anything can happen in a blink of an eye. We should enjoy Bitcoin while it lasts. Who knows how many years (or months) do we have left before the whole human race goes extinct because of a large-scale nuclear war? Just my opinion Smiley

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