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Author Topic: Internet is one limitation of bitcoin  (Read 854 times)
Victorik
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May 28, 2023, 09:58:41 AM
 #81

Not just BTC, the internet this days controls a whole lot, and lack of connectivity will do lot of havoc in terms of economic damages and this will result to a lot of loses.
The world has become a global village and the internet is very much needed to achieve this global inclusiveness.

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May 28, 2023, 10:03:30 AM
 #82

This is not the problem of bitcoin, but the problem with your government that disabled internet in your country. You can use Starlink instead of relying on local service providers.

Elon Musk's Starlink finally registered in Pakistan to roll out internet services. ISLAMABAD – Elon Musk's famous satellite broadband provider Starlink has reportedly registered to operate and provide internet services in Pakistan.
It is not as easy as you said for anyone to survive and still be able to use bitcoin in a country where the government disconnected her people from WWW.
Bitcoin on it's own is not simple to learn and it is more difficult when it is greeted with some situations like the one explained by Op.

There is no doubt, this kind of situation will be a large contributor to the poor adoption of bitcoin is such country. While people are forced to believe the fiat which is readily available to them.
Does anyone actually know why their government took such an drastic decision?

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May 28, 2023, 10:28:34 AM
 #83

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.
Sorry about your situation hope the government isnt being oppressive in trying to control the people, but other alternatives I remember seeing on one of the threads here involved not using the internet but sms and it was being used in South Africa . Besides the internet you can use sms, radio, or satellite .
Read about it here https://www.hedgewithcrypto.com/can-bitcoin-run-without-the-internet/

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it. 
Technically as mentioned above, internet isn't the only way to use the internet....Btw most of us access internet using radio but satellite internet services such as Starlink can provide an alternative access to such services if available, otherwise sms, radio, or satellite are means we can keep using our bitcoin.

R


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May 28, 2023, 11:18:07 AM
 #84

Not just BTC, the internet this days controls a whole lot, and lack of connectivity will do lot of havoc in terms of economic damages and this will result to a lot of loses.
The world has become a global village and the internet is very much needed to achieve this global inclusiveness.
If our body needs water to live, the internet is like water to the world economy, to maintain the world economy, certain needs the internet. The internet is tied to everything in this world, not just bitcoin, so there's nothing to worry about when the government thinks it's possible to destroy bitcoin by shutting down the internet. If they did, it would be like burying themselves alive.
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May 28, 2023, 12:27:43 PM
 #85

Gone are those days when we live in an era where we could live without access to an internet connection because even the banking sector needs this internet for daily transactions and likewise all other economically driven sectors need this internet for the growth of a country's well-being in the eyes of international communities. Because me hearing how the Pakistan government denied its citizens access to the use of internet connection, for me I see that as not only a fight against the use of Bitcoin, but a selfish act done to deny all those whose only source of income was through the internet connection (i.e bloggers, forex traders & social media influencers) whose only source of income was through an internet connection, and hence providing unfavorable environment for investors, as nobody will want to invest & stay in an area without internet connection.
Because just as air is very important for life, so has internet connection become very important to many of us humans now in this 21st century & year 2023.

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May 28, 2023, 12:54:00 PM
 #86

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it. 
Bitcoin is not the only currency or the only medium that is completely dependent on the Internet. In this Technologically world almost everything is impossible to do without internet.  And everything from government data repositories has become completely dependent on the Internet. So there is no way to shut down the internet and the government will never do it.  So there is no reason to worry about it. yes it is true that without the internet Bitcoin would not exist. but in today's era, this universe cannot run without internet


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May 29, 2023, 02:39:29 AM
 #87

Not just BTC, the internet this days controls a whole lot, and lack of connectivity will do lot of havoc in terms of economic damages and this will result to a lot of loses.
The world has become a global village and the internet is very much needed to achieve this global inclusiveness.


yes' the internet is really needed by the world, because without the internet in my opinion it will cause havoc
especially when it comes to business
and economy.
and I also can't imagine if the internet in this world is dead
because in my opinion buying and selling btc transactions will also be difficult if the internet is off. and I hope that the internet will not die.
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May 29, 2023, 12:52:45 PM
 #88

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it. 
Bitcoin is not the only currency or the only medium that is completely dependent on the Internet. In this Technologically world almost everything is impossible to do without internet.  And everything from government data repositories has become completely dependent on the Internet. So there is no way to shut down the internet and the government will never do it.  So there is no reason to worry about it. yes it is true that without the internet Bitcoin would not exist. but in today's era, this universe cannot run without internet


I don't consider what the OP said as a threat to bitcoin because the internet is not only important for bitcoin but important for the whole world. Up to the present time, most of our professions, jobs as well as our daily living needs need the internet. Without the internet, our world would go back to the stone age, and it would take us thousands of years to rebuild from scratch without the internet. I don't believe that just because the government wants to destroy bitcoin, the government makes that stupid decision. I'm not really worried about that at all.

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May 29, 2023, 01:02:39 PM
 #89

This is not a problem of Bitcoin but the government of your country that is in trouble, because we all know that whatever is used today all use the network and this has become a basic need so that network improvement continues to be developed, but your country is different this is certainly not a Bitcoin problem, then you have to move places so that network access can still be used to connect to internet media, especially Bitcoin which we currently have to follow.

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May 29, 2023, 01:54:58 PM
 #90

Currently all countries have used the internet network to access every corner of their country, so this not only works for bitcoin and all other interests must also be relied on, then your country is having problems with the network not bitcoin, so overcome that problem first then I believe bitcoin will be fine, because we already live in the age of technology so the internet will always be the main mainstay to access our needs, Moreover, Bitcoin was created as a coin that must use the network to get something we want.

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May 29, 2023, 02:27:26 PM
 #91

I am facing a real world issue that prevents me from using Bitcoin.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it. 

I will be honest- if the government indeed shut down the internet, then my BTCs would be the least of my concerned. Imagine, all communications with other people across the globe would be hindered and prejudiced by such action.

Although this may be the case, this is indeed one of the things that I have mentioned in various threads mentioning about "BTC as a currency." Like what I mentioned before, this benefits only first-world countries given that they have easier internet access and connection at the same time. As compared to third-world countries who suffer from connection, this is a big hindrance and challenge at the same time.

Though there are also some hardware wallets that may transfer BTCs offline, I doubt that everyone has access to it also.

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May 29, 2023, 03:05:49 PM
 #92

For me in this our generation there can only be a momentary shutdown of network. It cannot last for so long. So believe me there must be a way out.

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May 29, 2023, 03:37:53 PM
 #93

..

Though there are also some hardware wallets that may transfer BTCs offline, I doubt that everyone has access to it also.

Is this true? I've heard it a few times before but never seen it. Honestly, I don't think it will work because bitcoin is built on the Internet, and miners will confirm transactions when it is connected. If you can use bitcoin offline, it's only temporary, I mean, only when you have an internet connection again will the transaction complete. That means using bitcoin offline is useless, the transaction will never be completed if we lose the internet forever.

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May 29, 2023, 05:34:54 PM
 #94

In almost every country every single work requires Internet and I think that without Internet the success rate of country become down. Operations of bitcoin cannot be performed without the use of bitcoin but in Pakistan as you said that Internet services were suspended so all services were not suspended just personal services were closed for few days.

It is necessary that in such situations use another way because without Internet nothing is possible as every operation is dependent on Internet in modern age. It is crucial to be prepare for any situations as government can do anything anytime so its up to you that how you manage such harsh conditions.



 

 

 

 

 

 


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May 29, 2023, 05:56:48 PM
 #95

As others have said, there is always the option of sending bitcoins even without an internet connection. Many people may not understand it and may not even realize it in the first place, but things like these need to be learned so that you can always use bitcoin regardless of whether your government shuts down the internet or not.

I realized that the availability of the internet is one of the most important things for smooth bitcoin transactions. In fact, I'm sure any country where it's difficult to get an internet connection, bitcoin is not suitable there and the people probably won't bother to do it any other way. Bitcoin until recently was an alternative currency that could or could not be used to pay and receive payments. So if there are complex use cases, then I don't think they need to force it any other way.

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May 29, 2023, 06:05:40 PM
 #96

You are quite right that internet availability is one of the limitations to accessing Bitcoin. That is why does in underdeveloped countries where no internet facility runs cannot use Bitcoin for now. There should be an alternative in your country for another source of internet aside from the one your government is in charge of, just do your findings.

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May 29, 2023, 06:28:16 PM
 #97

I think the problem in this case is not bitcoin but indeed your country is having a little problem in that regard and there needs to be a comprehensive improvement there.
Sorry but not to discriminate against your country in this case but indeed when you say that there is a problem in the prevailing law and order situation then indeed it is something that is not directly related to bitcoin.
Even if in this case what you say is true that the internet is still in control for the smooth running of bitcoin but on the other hand this cannot be equated for every country especially for now the internet is non-stop without stopping every day.
Now in this case blame some conditions in your country or at least there must be direct movement to minimize it because if that happens you not only can't access bitcoin even open this site you have a problem right.

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May 29, 2023, 09:23:10 PM
 #98

Not just BTC, the internet this days controls a whole lot, and lack of connectivity will do lot of havoc in terms of economic damages and this will result to a lot of loses.
The world has become a global village and the internet is very much needed to achieve this global inclusiveness.
If our body needs water to live, the internet is like water to the world economy, to maintain the world economy, certain needs the internet. The internet is tied to everything in this world, not just bitcoin, so there's nothing to worry about when the government thinks it's possible to destroy bitcoin by shutting down the internet. If they did, it would be like burying themselves alive.

If the government decides to shut the internet down, they will be affected as well as most of the transaction these days are done using the internet. Except they will have to block access to crypto currency wallet and exchanges.

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May 29, 2023, 10:02:21 PM
 #99

I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it. 


It cannot be denied that in this era, the internet is a big part of our being part of the bitcoin or crypto industry. And we can't really make a transaction here without the internet.

       In addition to that, as far as I know, I have read some topics here in the forum that even without internet, it is still possible to make a transaction with bitcoin via sms, it just seems that it has not been implemented yet and how many countries are doing it, I'm not sure if it is implemented in India or Africa.



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May 29, 2023, 10:13:46 PM
 #100

This is not the problem of bitcoin, but the problem with your government that disabled internet in your country. You can use Starlink instead of relying on local service providers.

Elon Musk's Starlink finally registered in Pakistan to roll out internet services. ISLAMABAD – Elon Musk's famous satellite broadband provider Starlink has reportedly registered to operate and provide internet services in Pakistan.

Technically, if you have access to the technology and the satellite link, you can have internet anywhere in the world, without having to ask any government for their permission. If anything, does that not make the internet somewhat decentralised? I realise that not everyone has a starlink satellite dish and a ground transmitter powerful enough to broadcast to any Starlink satellite. But the possibility is there.

I think that possibility will become an affordable and simple-tech reality in the near future. And then once we have decentralized internet access, there will be no problem with Bitcoin, as OP calls it. Although I would rather call it a connectivity issue.

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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
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