If the internet goes down suddenly, what will happen to you and Bitcoin?

[Stompix]

~

You are talking about the past in relation to the future, I am talking about the present in relation to the present. If someone didn't have the internet, then he couldn't have missed it too much, but take the internet away from people today and things could look quite apocalyptic. What I'm talking about is the addiction to the internet, especially among young people, and take away the internet from them and just watch what happens.

I've seen young people literally being treated for internet addiction, and that addiction has all the elements of an addiction to gambling or anything else - without the internet, all these people would become a real problem.

Well, let's just say that I don't think 20yo internet or tiktok addicts are the cornerstone of our food supply 
I understand that it would obviously destroy the lives of a few persons, it would render a ton unemployed, it would have a severe impact on trade and production but we are an adaptive society, hell we managed to fix all the damn supply chains after the crisis even with lockdowns we managed to get food going. I'm talking here from both points as a member of a family deeply involved in food production and from my current job in logistics, there will be serious hiccups without the internet for a while but nobody will die from hunger.

The riots will not be stopped when the internet crisis occurs, clearly it is because of a very vital blow... the world will be in chaos because I am sure no one wants to go back to ancient times again...

Ancient times? Like the 90's? 
Guys do you realize that we had intercontinental travel, nuclear reactors, space programs, cruise ships and luxury brands, millions watching sports and attaining concerts, superspeed bullet trains and 300kmph formula 1 cars by that time?

[bayu7adi]

Ancient times? Like the 90's? 
Guys do you realize that we had intercontinental travel, nuclear reactors, space programs, cruise ships and luxury brands, millions watching sports and attaining concerts, superseded bullet trains and 300kmph formula 1 cars by that time?

It might sound excessive  , but for people who are dependent on the internet, it could be a nightmare like living in ancient times, right? For example, we have electricity to power the television, relying on satellite signals will only provide a few broadcasts for people living in remote areas... and in the end it is the internet that makes live television more interesting.

Moreover, some of the technological advances you mentioned are also not far from the internet in order to be able to get its maximum potential, yes, maybe not internally, but the existence of the internet will certainly influence that too.

In fact, I'm sure there are probably only a very few people who still care about their Bitcoin.

[joniboini]

but for people who are dependent on the internet, it could be a nightmare like living in ancient times, right? For example, we have electricity to power the television, relying on satellite signals will only provide a few broadcasts for people living in remote areas... and in the end it is the internet that makes live television more interesting.
-snip-
In fact, I'm sure there are probably only a very few people who still care about their Bitcoin.

I face electricity outages occasionally in my old home, so yeah it can be a bit annoying for those who work from home, or simply looking for entertainment. In a scenario where I'm not exposed to the internet or can't make Bitcoin transactions for a while, I'll probably sit back and find other means to check the network if possible. Not necessarily because I'm afraid my Bitcoin will disappear, but because I'd like to make a transaction if possible. I've been using Bitcoin to pay for stuff for months, I don't think that habit will disappear just because my internet is down. Especially when I have easy access to food in my area.

[bayu7adi]

I face electricity outages occasionally in my old home, so yeah it can be a bit annoying for those who work from home, or simply looking for entertainment. In a scenario where I'm not exposed to the internet or can't make Bitcoin transactions for a while, I'll probably sit back and find other means to check the network if possible. Not necessarily because I'm afraid my Bitcoin will disappear, but because I'd like to make a transaction if possible. I've been using Bitcoin to pay for stuff for months, I don't think that habit will disappear just because my internet is down. Especially when I have easy access to food in my area.

Unfortunately, it's not just the internet in one area that goes out, but the internet all over the world suddenly disappears and no one knows whether it will come back or not... like we lived before 1983, the year the Internet was discovered... .

In general, life without the internet will clearly break the chain of our relationship with Bitcoin and also many things... does someone prioritize their memories of Bitcoin? or something else?

[Husna QA]

We know that Bitcoin is easier to access using the internet, including all transaction needs... however, that doesn't mean Bitcoin can't be transacted without the internet.

Well it's obvious that we can't accessed our Bitcoin without internet, no transaction is going to happen here.

In my opinion, if there is no Internet, it is not only Bitcoin transactions that will be affected but also the broader impact on other sectors that depend on the Internet for their operations.

However, even if the Internet did not exist, Bitcoin transactions might be routed via radio waves. That would not be as practical as when using the Internet.

An example of a Bitcoin transaction using radio by Rodolfo Novak to Elaine Ou:
https://x.com/nvk/status/1101548727460741120

[NotATether]

Nothing will happen to your coins because Bitcoin is non-interactive.

If you are running a Lightning Network node and you have channels open, though.... you will be liquidated, as in the channels will be closed and the bitcoin goes back to an on-chain address, because you have to keep LN nodes online 24/7.

[Stompix]

However, even if the Internet did not exist, Bitcoin transactions might be routed via radio waves. That would not be as practical as when using the Internet.
An example of a Bitcoin transaction using radio by Rodolfo Novak to Elaine Ou:
https://x.com/nvk/status/1101548727460741120

That's a LN transaction and even if it were a on chain TX the main problem is still there.
You can broadcast a tx to someone else, but that tx will never be confirmed unless it's added to the blockchain, and that won't happen without the internet. And even so-called decentralized or independent internet networks like Lora or what Helium is to achieve or even Starlink still need the good old internet to get the data they need, so basically no!
Internet goes down, the value of Bitcoin and all other coins crashes to 2009 levels.
The good part is that you won't see any twitter or tiktok drama either!

[philipma1957]

but for people who are dependent on the internet, it could be a nightmare like living in ancient times, right? For example, we have electricity to power the television, relying on satellite signals will only provide a few broadcasts for people living in remote areas... and in the end it is the internet that makes live television more interesting.
-snip-
In fact, I'm sure there are probably only a very few people who still care about their Bitcoin.

I face electricity outages occasionally in my old home, so yeah it can be a bit annoying for those who work from home, or simply looking for entertainment. In a scenario where I'm not exposed to the internet or can't make Bitcoin transactions for a while, I'll probably sit back and find other means to check the network if possible. Not necessarily because I'm afraid my Bitcoin will disappear, but because I'd like to make a transaction if possible. I've been using Bitcoin to pay for stuff for months, I don't think that habit will disappear just because my internet is down. Especially when I have easy access to food in my area.

You are not answering the ops question.

The world wide failure of the internet would not be due to simple power failure. It would be the largest emp that hit the earth fully frying every chip there is.

Banking records would be erased it would be a failure of tech.
Every jet with a computer would fail meaning thousands of jets would crash and burn

[CoinMin3r]

It is just a hypothetical question which is impossible to happen. There might be some short period problem in internet provider side affecting customer for short period but won't last forever. But in case it does happen, not only bitcoin but also everything connected with online like social media, records of various sectors etc vanishes too forcing people to live like in stone age.

[Freemind]

Although I haven't tried any of the different ways to use Bitcoin without the Internet, I assume the "easiest" is to use QR codes, but it depends on the skills of each user. There are several ways to do it, and although I already knew some of those ways by reading information years ago (via SMS), there are others that I didn't know about and I find them very curious.

There is very useful information in these links:

Sending Bitcoin Without Internet or Satellite Is Now A Reality.

4 Ways to Make On-Chain Transfers Without Internet.

I suppose if the entire network "went down" we would have much bigger problems to deal with than not being able to send cryptocurrency as easily as we do now.

[Agbe]

It is just a hypothetical question which is impossible to happen. There might be some short period problem in internet provider side affecting customer for short period but won't last forever. But in case it does happen, not only bitcoin but also everything connected with online like social media, records of various sectors etc vanishes too forcing people to live like in stone age.

Exactly the question look ironic and assumption answers were also given. Everything in the world right now is in internet so if internet stop working in the world then all the aspects of economic and technology will be affected. And countries will also lose a lot because the exchange market will also be stopped. Bitcoin is still in it tender stage and not all the countries is using it now so the effect will not be like that compared to other institutions in the world. And why bitcoin will be affected because of the huge and the large investment of people in bitcoin. But we have to know that not everyone in the world invested in bitcoin. So it will not affect much people. But since internet as a whole is involved then everyone will be affected from one way or the other.

Just as I was submitting this comment the network of this forum went down for about 10 minutes and and people loss funds in this forum just now but it would not affect those who are not using the forum. That is the clear explanation of the topic.

[lepbagong]

It is just a hypothetical question which is impossible to happen. There might be some short period problem in internet provider side affecting customer for short period but won't last forever. But in case it does happen, not only bitcoin but also everything connected with online like social media, records of various sectors etc vanishes too forcing people to live like in stone age.

I seem to agree with you, a question that may be difficult to estimate at a time like this can happen, but it is also called an estimate that may or may not be correct.
The possibility is that there is a disturbance that occurs momentarily and needs repair and will not cause a problem and can be repaired.
But if there is no internet network anymore, then we won't be able to communicate with each other But we won't be able to connect. It is clear that everything will return to the past where communication could not be done quickly and returned to manual.

[Themepen]

Exactly the question look ironic and assumption answers were also given. Everything in the world right now is in internet so if internet stop working in the world then all the aspects of economic and technology will be affected. And countries will also lose a lot because the exchange market will also be stopped. Bitcoin is still in it tender stage and not all the countries is using it now so the effect will not be like that compared to other institutions in the world. And why bitcoin will be affected because of the huge and the large investment of people in bitcoin. But we have to know that not everyone in the world invested in bitcoin. So it will not affect much people. But since internet as a whole is involved then everyone will be affected from one way or the other.

Just as I was submitting this comment the network of this forum went down for about 10 minutes and and people loss funds in this forum just now but it would not affect those who are not using the forum. That is the clear explanation of the topic.

We use internet so much that if it stopped working worldwide it would greatly affect economy technology and financial markets. Bitcoin would be affected too since many people have invested in it. But not everyone has invested in bitcoin so only those who have would be directly affected. However internet is such a big part of our daily lives that a shutdown would indirectly affect everyone like we saw when this forum went down for a short time and some users lost money. This shows how connected our online world is and what could happen if the internet stopped working globally.

[Agbe]

Exactly the question look ironic and assumption answers were also given. Everything in the world right now is in internet so if internet stop working in the world then all the aspects of economic and technology will be affected. And countries will also lose a lot because the exchange market will also be stopped. Bitcoin is still in it tender stage and not all the countries is using it now so the effect will not be like that compared to other institutions in the world. And why bitcoin will be affected because of the huge and the large investment of people in bitcoin. But we have to know that not everyone in the world invested in bitcoin. So it will not affect much people. But since internet as a whole is involved then everyone will be affected from one way or the other.

Just as I was submitting this comment the network of this forum went down for about 10 minutes and and people loss funds in this forum just now but it would not affect those who are not using the forum. That is the clear explanation of the topic.

We use internet so much that if it stopped working worldwide it would greatly affect economy technology and financial markets. Bitcoin would be affected too since many people have invested in it. But not everyone has invested in bitcoin so only those who have would be directly affected. However internet is such a big part of our daily lives that a shutdown would indirectly affect everyone like we saw when this forum went down for a short time and some users lost money. This shows how connected our online world is and what could happen if the internet stopped working globally.

I don't even think that is even possible because all the businesses in the world will be affected and all the institutions. And when there is no transactions in the world then you know what that means in a hour. Therefore this topic I even see as an impossible topic or content. Recently, it was about two months back, the telecommunication cable in the deep sea in Africa continent was damaged and there was a network stable in the continent and precisely in Nigeria. Men, things went wrong. Even we in the forum could do anything for the whole day. As it is in the world internet is everything.

[Rruchi man]

If you look at the impact of the internet on cryptocurrencies today, it is huge. And what happens if the internet is lost???

If the internet is lost, it will disrupt a lot of sectors, not just cryptocurrency, Anything capable of causing a disruption in internet connection is enough to send civilization back to the stone age, and result in a lot of chaos. If the internet is lost and we loose crypto we have, we will only regret and be bitter, we will not die.

Will you regret owning Bitcoin now? And will you fall into poverty seeing that your assets cannot be sold on any exchange?

I will not regret it; I am not only investing in cryptocurrency, so I will not immediately be back in poverty.