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Author Topic: Crypto without Internet, possible or impossible?  (Read 15572 times)

Offline bitcoin-shark

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Re: Crypto without Internet, possible or impossible?
« Reply #15 on: January 28, 2021, 05:44:50 PM »
is practically almost impossible to use crypto without internet, the only few things you can do are use a paper wallet and make a transaction from myethwallet half off line and half online

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Re: Crypto without Internet, possible or impossible?
« Reply #15 on: January 28, 2021, 05:44:50 PM »

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Offline Delgboke

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Re: Crypto without Internet, possible or impossible?
« Reply #16 on: January 29, 2021, 12:28:43 AM »
There's no way cryptocurrency can be offline because some people are not educated or uneducated they can always get trained in the computer knowledge because formal education has nothing to do with cryptocurrency what they actually need is time to arcguire some basic information on how the crypto works and computer skills.
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Offline TomPluz

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Re: Crypto without Internet, possible or impossible?
« Reply #17 on: January 29, 2021, 07:20:04 AM »
This is quite possible with peer-to-peer exchange of cryptocurrency. Just like sharing files which can be possible from one phone to another one, I am sure that soon there can be a perfect technology for this but this can be limited to exchanging crypto face to face  where the gadgets are near each other. There are already studies and researches done on this possible technology. Then we also have the use of satellite services in transferring cryptos or digital assets which can mean we don't have to use the internet anymore. As time goes on, there can be plausible alternatives that can push the use and adoption of cryptocurrency and digital assets further into the mainstream population anytime, anywhere.

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Re: Crypto without Internet, possible or impossible?
« Reply #18 on: January 29, 2021, 08:24:49 AM »
The network effects (power of networks increase exponentially the more nodes are connected), the links to data, the communication afforded globally has a profound impact on what we can all do, who we can speak to, who we can reach , what data we can access and what transactions we can complete (transactions in the widest sense of the word). Without these in the internet, Crypto will not survive.




« Last Edit: January 29, 2021, 08:29:45 AM by marcsymons »

Offline tervel

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Re: Crypto without Internet, possible or impossible?
« Reply #19 on: January 29, 2021, 09:06:55 AM »
Crypto and exchange of cryptocurrency is reliant on the Internet. A single day without access to the Internet can cost crypto exchanges, miners and traders millions. You can’t buy or sell bitcoin if the Internet is down.

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Re: Crypto without Internet, possible or impossible?
« Reply #20 on: January 29, 2021, 09:19:12 AM »
I think it is impossible for cryptocurrency without network, we need network for bitcoin confirmation you can't make any transaction without and without internet bitcoin can't be minned and trading won't be possible. I think one of the reasons cryptocurrency is not saturated already is because of the rural areas without access to internet or have knowledge about bitcoin.

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Re: Crypto without Internet, possible or impossible?
« Reply #21 on: January 29, 2021, 09:21:28 AM »
It is impossible to imagine a crypto world without the Internet. Because if you want to visit any website or any exchange, you must need internet connection. So cryptocurrency is not imagined without internet. The popularity of the internet has grown even more since cryptocurrency gained popularity. Related to each other.

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Re: Crypto without Internet, possible or impossible?
« Reply #21 on: January 29, 2021, 09:21:28 AM »


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Re: Crypto without Internet, possible or impossible?
« Reply #22 on: January 29, 2021, 09:42:04 AM »
The Internet never shut down that's the point. So what happens if a comet hits earth, or the north pole and south pole are melting or bla bla bla.. You don't need to worry about the future, Just focus on now. The point is Internet never shutdown. And crypto will be always exist
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Offline Fivestar4everMVP

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Re: Crypto without Internet, possible or impossible?
« Reply #23 on: January 29, 2021, 10:24:52 PM »
Crypto with out internet is literally impossible mate, I know of one project that promised that users of their platform will be able to send and receive and even trade crypto without internet, but this absolutely not going to work, trust me, except a new kind of gadget or some thing Is  invented that doesn't require internet to communicate with people online, then maybe we can have a second thought of whether crypto can work with out internet.
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Re: Crypto without Internet, possible or impossible?
« Reply #24 on: January 29, 2021, 11:40:24 PM »
It is possible but will be hard to do. I think we will keep the internet exists, so we do all crypto business easily. It will be a disaster if we have no internet anymore. There are too many businesses or industries to be closed their activities without the internet. I cannot imagine if there is no internet anymore.

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Re: Crypto without Internet, possible or impossible?
« Reply #25 on: January 29, 2021, 11:43:35 PM »
In fact, you can do nothing without internet moereve every transaction in this will always need internet to concetto wallet, exchange, token or others. It may back to the old world again where we only need to watch money without recommended changes
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Re: Crypto without Internet, possible or impossible?
« Reply #26 on: January 30, 2021, 12:03:49 AM »
I have considered that the growth and popularity of cryptocurrency may be very high in the future that even uneducated men and women at the rural areas in many developing countries of the world may love to be part crypto ecosystem; but because they lack the basic education, there could be means or process to make cryptocurrency accommodate every one and there by making crypto off line for general usage. What do you think. Thank you

Let's have a real talk here the only dude, Nowadays, having an internet connection has a big contribution all over the world now.
Especially all businesses that were connected online. So. what I'm saying now since Cryptocurrency is a digital currency and all the transactions that we are going to make here need a connection to the internet, without it we can't achieve the aim of profit here for sure. In short, it is not possible to earn Bitcoin or crypto without the internet at the moment.
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Re: Crypto without Internet, possible or impossible?
« Reply #27 on: January 30, 2021, 08:36:51 AM »
This is the biggest drawback - the lack of internet for this industry. But these days it is difficult to find a place on the planet that does not have Internet access.

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Re: Crypto without Internet, possible or impossible?
« Reply #28 on: January 30, 2021, 09:22:37 AM »
Rather, on the contrary, at the moment there is already enough educational material (training videos, articles, and even university courses) about the crypto industry. And if cryptocurrencies are implemented at the state level, then people a priori will have to adapt to the current realities.

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Re: Crypto without Internet, possible or impossible?
« Reply #29 on: January 30, 2021, 09:48:49 AM »
I have considered that the growth and popularity of cryptocurrency may be very high in the future that even uneducated men and women at the rural areas in many developing countries of the world may love to be part crypto ecosystem; but because they lack the basic education, there could be means or process to make cryptocurrency accommodate every one and there by making crypto off line for general usage. What do you think. Thank you
One of the disadvantages of cryptocurrency, without the internet there's no way you can access your wallet, send or even receive it, this is why people in rural areas haven't heard about it, or will be able to use it, cause in those rural areas there's no network coverage so there's no way people living over there will be able to use crypto except they go to the city where there's network, it's impossible to access the internet without any network coverage.

 

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