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Author Topic: Natural disasters won't stop Internet access to Bitcoin investments  (Read 561 times)
SamReomo
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October 05, 2024, 08:25:16 PM
 #41

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.
Starlink is quite good but it's not available globally and that's a disadvantage, and another disadvantage of Starlink is the cost of the plans that they offer. I'm not sure if this new innovation is going to be as costly as Starlink and it's plan but surely it might be a good solution at global scale.

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October 05, 2024, 10:18:00 PM
 #42

This is a new innovation, we’re in a digital era so I’m expecting more besides I don’t know much about this technology, even in times of natural disaster we can’t tell our state at the moment and it’s obvious thinking about an investment might be the least thing personally. Let’s imagine in times of disaster can this system function proper without any obstruction due to climate change, comparing this technology in a situations related with harm is not right. I read about the technology and it’s beneficial mostly for those who find it hard using a good internet connection not just in times of trouble.

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October 06, 2024, 05:33:42 AM
 #43

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.
Starlink is quite good but it's not available globally and that's a disadvantage, and another disadvantage of Starlink is the cost of the plans that they offer.
I’d still call it available globally, considering that although Starlink isn’t in a few countries yet, they are constantly expanding. You can check their coverage on the map to see how widely they’re reaching.  https://www.starlink.com/map

As of this year, starlink already passes 4 million subscribers globally.

Quote
I'm not sure if this new innovation is going to be as costly as Starlink and it's plan but surely it might be a good solution at global scale.
starlink is not costly if you can invest in bitcoin.


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October 06, 2024, 06:34:48 AM
 #44

Having ultra-fast speed is good for streaming 4K or 8K videos but it's not necessary for crypto user even 2G speed is good enough for transacting our bitcoin so this fast internet is not going to bring any positive changes in the bitcoin adoption.

I am not in a place where natural disaster happens often and I never had any problem accessing internet 24/7 for 365 days and even if there's a disaster that wiped all the basic essential infrastructure in an area then I am sure the money won't be the first priority at that time, saving ourselves comes to our mind than anything but digital assets can be destroyed by this even so all you need to do is get a hold of your recovery seeds no matter what.

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October 06, 2024, 11:39:00 AM
 #45

This is beautiful. I like the color. I watched a video of it on YouTube and it is magnificent. I like to think that there are many more like in development phase and even better than this will come up in the future. However, I don't ever think that a day would come where the internet would go off. Never. I think at this point we are very much advanced for it. And there are many other alternatives to it. The only time where there would not be any access to our bitcoin investment is if a more advanced alien species invades earth and make us their slaves or they destroy the whole earth. For now , natural disasters are the least of our worries.

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October 06, 2024, 06:27:53 PM
 #46

However, I don't ever think that a day would come where the internet would go off. Never. I think at this point we are very much advanced for it. And there are many other alternatives to it. The only time where there would not be any access to our bitcoin investment is if a more advanced alien species invades earth and make us their slaves or they destroy the whole earth. For now , natural disasters are the least of our worries.
I also used to think that the Internet would never go off until the recent massive technology outage experienced by the cybersecurity firm CrowdStrike. The technology outage caused by a faulty software update disrupted businesses and institutions in some countries. The operations of many airports, airlines, rail companies, government services, banks, stock exchanges, supermarkets, telecoms, health systems and media outlets were disrupted by this outage. This led to Thousands of cancelled flights and tens of thousands were delayed, leading to long lines at airports in the major cities of the world.  We cannot predict the future this is why we should embrace any other source of internet service.



A faulty software update causes havoc worldwide for airlines, hospitals and governments

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October 06, 2024, 07:47:38 PM
 #47

It's interesting to see the competition between satellite Internet and designs such as this.

Such ships always make me think of the Hindenburg, but I'm sure they thought about it when it was being designed. On the other hand, the guys who made OceanGate also seemed to have everything thought out. Let's just hope the high speed Internet won't fall on someone's house one day Wink

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October 06, 2024, 08:51:42 PM
 #48

Such ships always make me think of the Hindenburg, but I'm sure they thought about it when it was being designed. On the other hand, the guys who made OceanGate also seemed to have everything thought out. Let's just hope the high speed Internet won't fall on someone's house one day Wink

OceanGate was a crappy design from the start and a lot of people told them not to do it!
Hindenburg went in flames because of hydrogen, it's like worrying something like Fukushima would happen in France where the last major earthquake that killed someone was in 67' and the next Tsunami may be in another geological era!

Blimps hover all day even right now with only one death this century, they are actually safer than airplanes!
Besides it's nothing new, Google has a service like that but it didn't take off because of already cheap 4g access:
https://stratocat.com.ar/fichas-e/2013/DOS-20130220.htm


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October 06, 2024, 09:08:46 PM
 #49

What are your thoughts?
First I thought it's an animation concept design then I realized it is happening in reality.

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Today at 03:31:58 AM
 #50

Now, meet the Sceye Haps, the future of internet speed and connectivity:

It is impressive and definitely a step forward for technology but like any other projects it still has its own challenges to solve. Now to say that natural disasters won’t stop internet access is a bit inaccurate.

If, let’s say, your local community has been hit by a natural disaster and all your devices have been broken or your Wi-fi router was also ruined this innovation will not exactly allow you to connect to an Internet access. You need to have your own. Of course it is helpful to boost speed of the internet but if you don’t have it in the first place then it’s a difficult task to do.

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Today at 05:48:52 AM
 #51

The valid argument you raised! The future of Bitcoin and other virtual assets is directly linked to technological advancements, particularly the availability of the internet and alternate power sources. It has been noted that the concept of a plane that provides broadband internet using solar power is quite appealing, especially during outbreaks or calamities.

With good internet and power, traders and investors will be able to be active in the market, ensuring that they do not miss out on opportunities even in hard situations. Such advancement in this area will undoubtedly enhance the usage and strength of currencies like bitcoins all over the world!

I don't think that there will be ever a situation where there will be prolonged power outage or Internet outage provided we are caught in a World War etc, other than this, there are many alternative sources to get the power and internet, in case of temporary outage. Under normal circumstances, there is nothing to be worried about and the discussion may be irrelevant. In the other case of any extreme situations like War or Nuclear explosion, it may be difficult to survive a living, who would care about the internet/power at that time  Shocked

Yeah, it's very unlikely that there would be shortages of Internet like that, however, it's great that OP raised that topic overall because personally, I would never have seen this ship and the idea behind it myself Grin I hope we will never experience what you described.
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Today at 06:29:18 AM
 #52

I think that you are missing the point here.
In case of a natural disaster, your house might get destroyed, which means that your PC and smartphone could also be destroyed.
I wonder how this local internet connection project would help, if you don't have a PC and smartphone to connect to the Internet in the first place.
That project looks impressive, but when a natural disaster destroys my house, my crypto investments would be the last thing in my list of priorities.
I also wonder what is the overall cost of this Zeppelin and how this project would return the initial investment? Is this local internet service going to be paid?

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Today at 06:45:53 AM
 #53

It is very impressive how these solar-powered airships provide internet access to the most remote areas, and huge is their potential to connect areas during disasters or in underserved regions. The most recent tests show Sceye providing high-speed internet over 27,000 square miles-great for breaking down the digital divide of places such as the Navajo Nation.

That said, core Bitcoin and crypto success is pegged not only to advancements in the tech of the internet and energy. While better connectivities do help in adoption, the broader crypto movement is driven by decentralization, financial inclusion, and the blockchain technology itself. Power and Internet problems are important, but more and more infrastructure solutions are coming from mesh networks, satellite internet, and local solutions. So, while innovations like Sceye are exciting, they're just a part of a bigger ecosystem that drives crypto success.

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Today at 07:14:45 AM
 #54

I think that you are missing the point here.
In case of a natural disaster, your house might get destroyed, which means that your PC and smartphone could also be destroyed.
I wonder how this local internet connection project would help, if you don't have a PC and smartphone to connect to the Internet in the first place.
That project looks impressive, but when a natural disaster destroys my house, my crypto investments would be the last thing in my list of priorities.
I also wonder what is the overall cost of this Zeppelin and how this project would return the initial investment? Is this local internet service going to be paid?

Yeah, I also thought about that, of course, it's great and beneficial in the long run, but crypto would be down in the priorities when I need to stay safe in the physical sense, not in the financial Grin
But I don't see how the losing your device type of problem may be resolved by projects like that, one option would be to get an "unkillable" phone, like the Kingkong series or something.
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Today at 07:23:41 AM
 #55

but more and more infrastructure solutions are coming from mesh networks, satellite internet, and local solutions. So, while innovations like Sceye are exciting, they're just a part of a bigger ecosystem that drives crypto success.

That's progress from other parts, but how from our part. When disasters are the number one factor in human life, security and the most important factor in human life. So I think when disaster comes, we don't think about the internet, we just try to save lives.

I probably wouldn't have thought of saving , my laptop, computer or even my smart phone. So the next possibility is that I can't access crypto without that tool. Although there are other facilities that support the connection, I don't have the tools we use. So I think currently crypto and the internet are one and will not be separated. My device is broken, lost, I can't do crypto-related activities even though the internet is still available. 

CMIIW IMO

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Today at 07:41:16 AM
 #56

However, I don't ever think that a day would come where the internet would go off. Never. I think at this point we are very much advanced for it. And there are many other alternatives to it. The only time where there would not be any access to our bitcoin investment is if a more advanced alien species invades earth and make us their slaves or they destroy the whole earth. For now , natural disasters are the least of our worries.
I also used to think that the Internet would never go off until the recent massive technology outage experienced by the cybersecurity firm CrowdStrike. The technology outage caused by a faulty software update disrupted businesses and institutions in some countries. The operations of many airports, airlines, rail companies, government services, banks, stock exchanges, supermarkets, telecoms, health systems and media outlets were disrupted by this outage. This led to Thousands of cancelled flights and tens of thousands were delayed, leading to long lines at airports in the major cities of the world.  We cannot predict the future this is why we should embrace any other source of internet service.


A faulty software update causes havoc worldwide for airlines, hospitals and governments

This is just a temporary issue and not a permanent internet outage. The CrowdStrike incident cost the world economy hundreds of billions of dollars, so if the internet really did shut down permanently, our economy could collapse. So, the Internet going down is a very unlikely scenario unless our Earth is seriously affected by something like aliens, nuclear war...otherwise the Internet going down seems impossible.

But you are right, having multiple sources of internet service is better than relying on just one. This could indicate that even if a natural disaster does not prevent us from accessing our bitcoin accounts, but we are still completely dependent on that internet service provider.

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Today at 07:59:27 AM
 #57


Doesn't it take up a lot of space for this stratospheric innovation??

Yes. Hopefully the innovation they have designed will be sustainable. But, one thing that is a major component going forward is the issue of the price tariff that will be set for users later. If the cost is cheap and can be accessed without any obstacles, I think the technology will be quickly accepted and spread to various corners of the country.

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Today at 08:11:05 AM
 #58

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.
I don't know much about Starlink but I think that it's not enough because people innovate and there's bound to be someone out there that would want to do a competition with your product especially if they find a way that would make sure that they will stand out than the pioneering product and it just so happens that it's Starlink. This looks promising but there's a reason why there aren't a lot of blimps and zeppelin being paraded casually in the skies, remember Hindenburg?

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Today at 08:49:19 AM
 #59

However, I don't ever think that a day would come where the internet would go off. Never. I think at this point we are very much advanced for it. And there are many other alternatives to it. The only time where there would not be any access to our bitcoin investment is if a more advanced alien species invades earth and make us their slaves or they destroy the whole earth. For now , natural disasters are the least of our worries.
I also used to think that the Internet would never go off until the recent massive technology outage experienced by the cybersecurity firm CrowdStrike. The technology outage caused by a faulty software update disrupted businesses and institutions in some countries. The operations of many airports, airlines, rail companies, government services, banks, stock exchanges, supermarkets, telecoms, health systems and media outlets were disrupted by this outage. This led to Thousands of cancelled flights and tens of thousands were delayed, leading to long lines at airports in the major cities of the world.  We cannot predict the future this is why we should embrace any other source of internet service.


A faulty software update causes havoc worldwide for airlines, hospitals and governments

This is just a temporary issue and not a permanent internet outage. The CrowdStrike incident cost the world economy hundreds of billions of dollars, so if the internet really did shut down permanently, our economy could collapse. So, the Internet going down is a very unlikely scenario unless our Earth is seriously affected by something like aliens, nuclear war...otherwise the Internet going down seems impossible.

But you are right, having multiple sources of internet service is better than relying on just one. This could indicate that even if a natural disaster does not prevent us from accessing our bitcoin accounts, but we are still completely dependent on that internet service provider.

We've got the Internet as it is, Starlinks, and now possibly these fellas rolling - the question is how sustainable they will be and how much they will be spread with time.
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Today at 09:39:55 AM
 #60

What are your thoughts?
I have some questions probably for the developers of this technology but maybe I will just ask it here to see how people's opinion on it are. Is it just one of these sort of tech that is needed to be hovering around or several of these kind of balloons will be needed to help people in different parts of the world at once? I believe as time goes on and as technology gets better more of this kind of technology that will be possible to assist with Internet connection even in positions of serious disaster will be developed and then the question about what the fate of Bitcoin will be if there is a collapse to the Internet due to a natural disaster will no longer be asked because we already have the answers.

Enough of this natural disaster talk already.

If natural disaster comes, all I need to do is my safety and that of my hardware wallet, I can move to next city or country just to have access to the internet, natural disaster don't happen everywhere in the world, the worst natural disaster in the history of mankind happen in a certain place, not even a whole country, we have more than 30 states in my country, a natural disaster can hit a state, and let's say it takes the internet access, millions of people around the world are still running nodes and mining Bitcoin, how is this a big concern?

Things are getting better, we now have starlink like internet too, even the atomic bomb in the past year only took out Hiroshima, other cities and states in Japan survived and not affected, chill out brother it is not that bad, the bitcoin stays in a paper wallet for years and now we have hardware wallet that are more secured because they are offline, for better security sake.

The future is near, many will be creating stuffs like Elon musk starlink some day, and always remember, there is no natural disaster that takes all internet of the world in one swipe, even in movies it only happen in a location.

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