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Author Topic: Would Bitcoin Survive A Nuclear War?  (Read 1053 times)
dansus021
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October 21, 2022, 01:40:45 AM
 #21


If half of our planet get destroyed it means the other half will need to have steady energy source to power mining process and it will also mean the human who are survivors on the half planet must serve as  nodes for the network to function.  Once there is an explosion people will panic and saving a server might be the last thought that will come to peoples minds. If Bitcoin must survive a Nuclear war it relies on so many factors and the basics will be energy (power source) and the web

As for Bitcoin living on i won't doubt that but while it still lives it will get slower for transactions to get verified, cost of mining will multiply drastically, many nodes might forcefully shot down due to the attack and many will lose access to their wallet as explosion will destroy lots of valuables and documents. A big chance for the internet to shutdown completely

well this a good answer, as long the internet live the crypto will live  Cool but serious guys if this war not end soon we all gonna be rekt

i hope the nuclear war doesn't exist

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October 21, 2022, 02:00:04 AM
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 #22

and in my opinion I don't see a future 'cause to have access to the bitcoin you need internet
Your opinion is correct, for any crypto transaction to be successful we need the internet.
Unless there will be no survival after the nuclear war, in that way we can say BTC dies together with all of humanity. providing there are survivals there will definitely be a need for the usage of electricity, internet, etc. which makes human life easier and more comfortable then BTC will survive, and there might be a pulse on transactions because of the war shock and the machines which will be destroyed, but as times go on, everything even before the public in fractures and basic amenities can be put to place, BTC transactions will be back to life.

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October 21, 2022, 02:56:26 AM
 #23

Mostly useful resources would survive and be required if a nuclear war happens. Yes technically Bitcoin would survive as long as one part of the internet survives, but it wouldn't really be usable, just like fiat. Methods of payment or transactions would probably move from such stuff to instead as I said, resources that can be used immediately. There wouldn't be any rules to transactions by then after all other than the most basic rule of all transactions, a trade of what you want to what we want kind of thing, and I hardly doubt Bitcoin, or any other similar type of asset like fiat, stocks, bonds or whatever could count as one by then.

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October 21, 2022, 03:40:37 AM
 #24

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
The Internet was designed with the idea of surviving a nuclear war, but bitcoin needs more than the Internet in order to survive so this is something difficult to know.

However a more important question is if human civilization could survive a nuclear war? Or even if humans as a species could survive a nuclear war? As not only people will have to survive the nuclear blasts but then they will have to deal with radiation, cold and lack of food, energy and medicines, which is an environment very few of us could endure.

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October 21, 2022, 03:55:52 AM
 #25

Bitcoin will probably be useless at that time, and plus the solar system in outer space will be much more dangerous when it comes down to earth, because of the impact of the nuclear bomb that we know is a mass killer that the whole world fears.

We just think that if what is attacked is the center of energy that is needed by everyone, of course it makes us return to the cruelty of Batu, relying on everything for life's needs, even though farming, of course the gas that will be inhaled when the nuclear war is over will become a dangerous gas for the environment around us.

I really hope it will never happen, even though it could happen at any time, but at least we can give our voice to ban or condemn the big countries to do it...

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October 21, 2022, 07:13:26 AM
 #26

If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 

What kind of cash can we talk about, and even more so about bitcoin? If one side uses nuclear weapons, does anyone doubt that the other side will fall behind it? There will be powerful explosions in different places on the earth, can anyone survive? Even if those who are strong in health suddenly remain, they will die a long and painful death, and certainly, there will be no talk of any bitcoins. Just read the consequences of a nuclear explosion in Japan, who thinks it will be better?

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October 21, 2022, 07:48:37 AM
 #27

Nuclear war is very scary, and bitcoin is bound to be destroyed and will also experience serious deflation as the devices holding bitcoins will be damaged or destroyed. And most likely the person holding the public key died from being hit by a nuclear bomb and there is no way to access their bitcoin wallet, because the situation is very chaotic, corrupted and also hampered in every way.
and when cities experience ballistic and cruise missile attacks, power grids and cellular networks will begin to die en masse, either due to destruction or for security reasons. Most people won't even be able to connect to the internet properly, most bitcoins are unusable and anything that can't be used has no value.
and gold, non-perishable and durable medicine and food which I think will outperform all other assets.

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October 21, 2022, 08:02:55 AM
 #28

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
The Internet was designed with the idea of surviving a nuclear war, but bitcoin needs more than the Internet in order to survive so this is something difficult to know.

However a more important question is if human civilization could survive a nuclear war? Or even if humans as a species could survive a nuclear war? As not only people will have to survive the nuclear blasts but then they will have to deal with radiation, cold and lack of food, energy and medicines, which is an environment very few of us could endure.

exactly, let us wonder if we can exist when the nuclear war occurs, do not rush to care about bitcoin or other assets. bitcoin only appears in the world 13 years and before there is no bitcoin, we still have a normal life but if the world is ruined by the nuclear war, we will no longer exist. i have never dared to think about the nuclear war script that will broke out because it is an end to the modern world today, it takes people for centuries to build

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October 21, 2022, 08:21:20 AM
 #29

Bitcoin itself will survive a nuclear war, but it may become inaccessible, there will be a lot of destruction to properties and facilities (the internet services that was mentioned) at that point, and use cases of bitcoin may reduce due to the distabilation in the normal order of things, but soon after , if there are any survivors left, and the internet is restored, there is the possibility that those bitcoins that were inaccessible will become accessible.

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October 21, 2022, 01:07:11 PM
 #30

~ As for Bitcoin living on i won't doubt that but while it still lives it will get slower for transactions to get verified, cost of mining will multiply drastically, many nodes might forcefully shot down due to the attack and many will lose access to their wallet as explosion will destroy lots of valuables and documents. A big chance for the internet to shutdown completely
Agreed. World war means there is no peace in every part of the world. Even though the internet still survives, many people will lose wallet data, private keys, and others due to war. Who would think to save data and other things when life is more important?

~ and use cases of bitcoin may reduce due to the distabilation in the normal order of things, but soon after , if there are any survivors left, and the internet is restored, there is the possibility that those bitcoins that were inaccessible will become accessible.
Even though bitcoin survives and the internet exists (maybe in some areas), I'm sure no one will use Bitcoin.
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October 21, 2022, 01:45:47 PM
 #31

It's designed to mimic life itself which will continue to replicate even if much of the living things are dead. If much of the nodes get blown up, the remaining will replicate gradually unless there is zero change of life surviving on Earth.
So, even if you have one or few nodes remaining and earth is still capable of sustaining life, Bitcoin will continue to exist as long as there is need for it. If knowledge and skills to create technology no longer exists, there will probably be no need for Bitcoin
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October 21, 2022, 01:50:37 PM
 #32

If humans can't survive then how Bitcoin would survive? We all know what would happen if suddenly we face nuclear war. Everything will be collapsed and the world economy wouldn't survive. The same will happen for Bitcoin. People should be alive and survive first before anything else. We will need a lot of cash or fiat in case of nuclear war. So everyone will start the sale definitely to survive their life. We have to be ready to see Bitcoin collapse as well. No other option except to saving humans. 
Agreed. I don't really understand why the only focus was just on Bitcoin when we will be having a total world collapse. In a time of nuclear war, Bitcoin wouldn't be the first thing that will come to your mind when half or more of the population of the world would have died. We have seen what the effect of the Russian/Ukraine war is even doing on some aspects of the Worlds Economy. However, I do also agree that accessing the network even by the world's survival might be limited due to the level of physical equipment destruction, it will take decades again, and probably more than half the Bitcoin mined would be lost too.  
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October 21, 2022, 01:55:09 PM
 #33

Why not? Bitcoin is digital not physical. Bitcoin will survive the worst 💯

As Bitcoin is decentralized it makes sense to believe that it could survive a nuclear war. However, there are no guarantees and the disruptions caused by a nuclear war could be enough to cause a major disruption in the internet. This means that, in theory, Bitcoin could survive a nuclear war but it would be unlikely to function properly. This is because Bitcoin relies on the internet to operate and if this is disrupted then there is no way for transactions to be verified by miners.

Even if the internet survived, it’s likely that there would be a huge amount of damage to infrastructure such as power stations. This would mean that electricity to run computers would be limited and could cause major disruption for mining operations. It is also possible that the environment may become so radioactive that it is uninhabitable for centuries. As a result of all this, it is hard to say what would happen to Bitcoin in the event of a nuclear war.

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October 21, 2022, 01:55:30 PM
 #34

Well that depends on how big that nuclear war is going to be, if it didn’t stop world internet then bitcoin maybe can survive too so here will be people dealing with it and the price will be good. But if the internet was cut of course you can’t even find how to use it. We all understand how the price works, as long as there is people dealing with bitcoin it will always survive. Let’s just wish to see any nuclear war at all

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October 21, 2022, 03:01:13 PM
Merited by lovesmayfamilis (1)
 #35

Well that depends on how big that nuclear war is going to be, if it didn’t stop world internet then bitcoin maybe can survive too so here will be people dealing with it and the price will be good. But if the internet was cut of course you can’t even find how to use it. We all understand how the price works, as long as there is people dealing with bitcoin it will always survive. Let’s just wish to see any nuclear war at all
It's not a matter of scale, even a small nuclear war from two smallest nuclear armed countries which is Pakistan and India, it would be enough to affect the whole world through radioactive fallout and extreme climate changes, I think that would be enough damage to our infrastructures, if by some miracle that we are still alive and we can maintain the Internet and the devices that store bitcoin then probably the answer to the question is that bitcoin would survive but in that scenario, bitcoin's probably the least of our worries as we are struggling to find survive the aftermath of a nuclear war.
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October 21, 2022, 03:12:21 PM
 #36

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
You are a normal human being and it is natural that you cannot see any future for anything. Bitcoin and the Internet are two different things that are closely related because Bitcoin requires the Internet to be accessible to everyone around the world. So what I want to ask is, what things have you found when you read the article? Because I just want to hear your opinion after reading all that is written in the article now.

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October 21, 2022, 03:34:55 PM
 #37

I didn't think a nuclear war was realistic just a couple of years ago, but now it does seem realistic to me, so it's somewhat relevant to wonder whether Bitcoin would survive. While some servers might survive, I think the big question is whether the Internet will. If it collapses, and at least in post-apocalyptic fiction it usually does, then while technically this might not bring the end of Bitcoin, it will be the end practically because people won't really be able to use it, miners won't bother mining and verifying transactions, etc. I agree with the doctoral candidate from the article that Bitcoin won't be of use, and neither will stocks, banknotes etc. I agree about what would be used as currencies as well.
But I don't think we should be too concerned about what happens to Bitcoin in case of a nuclear war precisely because there will be much more pressing concerns like how not to die.

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October 22, 2022, 12:44:52 PM
 #38

But I don't think we should be too concerned about what happens to Bitcoin in case of a nuclear war precisely because there will be much more pressing concerns like how not to die.

I agree with this. It's not that I don't care about Bitcoin, it's just that there will be more immediate concerns to worry about. I think we can all agree that if there is a nuclear war, the immediate concern will be survival. If you can't survive, then Bitcoin doesn't matter. I think we can also agree that after survival comes sheltering in place and food and water supplies. Then comes the need for communication, which is a problem because we can assume that there will be no power or internet in the immediate aftermath of a nuclear war.  We also need to consider what would happen if the world's financial institutions collapsed as a result of a global catastrophe. At this point, it will be necessary to start working on getting these things back up and running again.

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October 22, 2022, 02:42:25 PM
 #39

Well that depends on how big that nuclear war is going to be, if it didn’t stop world internet then bitcoin maybe can survive too so here will be people dealing with it and the price will be good. But if the internet was cut of course you can’t even find how to use it. We all understand how the price works, as long as there is people dealing with bitcoin it will always survive. Let’s just wish to see any nuclear war at all
so if there will be a nuclear war but it will not affect the internet network as you said, my friend, obviously I agree that transactions on bitcoin will run as usual and will be safe.
it looks like it's not just a nuclear war, but all wars that result in uninterrupted networks connected to the internet, so you can be sure everything is safe. but if on the contrary if the internet network is disrupted then transactions with bitcoin cannot run as desired. Internet network and bitcoin always have to go hand in hand and need each other.
hopefully all wars will not happen and the world can be peaceful and the journey with bitcoin can go well.

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October 22, 2022, 02:52:37 PM
 #40

Believe you will not gonna think about Bitcoin, Crypto or money when nuclear war started. You probably busy looking for a safe place to shelter in able to avoid radiation and this is same with all the crypto miners because you can’t enjoy your money if you are dead and probably the majority of the world is already destroyed due to radiation if this war ignite. I will never dream for that to happened or even think of it just to have a discussion about Bitcoin future.

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.Duelbits.
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REGIONAL
SPONSOR
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EUROPEAN
BETTING
PARTNER
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