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Author Topic: Bitcoin affected on large scale if there is no Internet?  (Read 877 times)

Offline mayuri27

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Bitcoin affected on large scale if there is no Internet?
« on: February 19, 2018, 02:29:14 PM »
Bitcoin is running and mining through the computer and if there is no internet means there is no bitcoin..
How much you agree for this?
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Bitcoin affected on large scale if there is no Internet?
« on: February 19, 2018, 02:29:14 PM »

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Offline Souri

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Re: Bitcoin affected on large scale if there is no Internet?
« Reply #1 on: February 19, 2018, 03:29:30 PM »
Yes the bitcoin infrastructure depends on internet connection and electrical power, this is of course a threat to the system. Similar as credit card payment systems require power and internet access and fiat currency requires trust and believe.
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