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

[UNIVERSE]

Internet goes down, the value of Bitcoin and all other coins crashes to 2009 levels.

You're right. If there will be no longer internet, Bitcoin value probably returns to Zero again ($0). Nothing we can do with bitcoin because Bitcoin is a digital currency. Digital currency means to rely on the internet. Well, I don't think everyone will think about the digital business anymore if there is no longer internet. We will be back to the nature, everything may return to the era before internet comes to the world.

The good part is that you won't see any twitter or tiktok drama either!

People will forget twitter or tiktok, surely no place for that drama to last again. But there should be another drama to come. Maybe about another matter. 

[taufik123]

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.

LOL Stone Age present in modern times because the internet is dead.
I also thought about hypothetical posts like this and indeed it really happens, then all sectors will be disrupted.

Let alone dying for life, my internet was down for a period of 1 hour, I was confused and called the service provider to fix it immediately.
The internet has become a basic necessity that must not be lost because it will disrupt everything.

Any information will be connected to the internet and see how now, all information is easily obtained because the internet and work are getting better with the internet. Without the internet this forum would also be quiet, crypto trading would not run etc.

[bayu7adi]

Any information will be connected to the internet and see how now, all information is easily obtained because the internet and work are getting better with the internet. Without the internet this forum would also be quiet, crypto trading would not run etc.

It seems that many of us are very dependent on the internet, and all of us cannot accept a world without the internet. Maybe it could also be said, apart from food, clothing and housing, the internet is a necessity for most people in the world to drive the economy. This is often a debate when comparing today with the past.... in the past, without the internet, humans could live, but it was very limited, and now when the internet has been adopted so massively, it has made the era grow too rapidly.

I think it is because of this addiction that many people cannot accept the situation of getting rid of the internet as soon as possible.

[bounceback]

It seems that many of us are very dependent on the internet, and all of us cannot accept a world without the internet. Maybe it could also be said, apart from food, clothing and housing, the internet is a necessity for most people in the world to drive the economy. This is often a debate when comparing today with the past.... in the past, without the internet, humans could live, but it was very limited, and now when the internet has been adopted so massively, it has made the era grow too rapidly.

I think it is because of this addiction that many people cannot accept the situation of getting rid of the internet as soon as possible.

For digital investing business internet become most necessary important part and difference with your investing not in digital still worth although internet goes down can sell by offline.
For bitcoin investment we need internet and our assets is nothing yet without has internet access how possibilities for selling it and withdraw to be fiat or cash money.
Internet become part of important for every one with their work as influencer,  I think not only for bitcoin investor but also many people make internet is the most important thing in their life maybe half of their life stop when internet goes down.

[Baofeng]

Definitely, as I have said the impact is huge, but I don't think that people will regret to have Bitcoin though. Maybe for those who literally put all their money on Bitcoin and doesn't have fiat or paper money at their disposal. That's why we always say that Bitcoin is not that magical bean that will solved everyone's problem here. So still have to think of other ways to survived in case of something like this happened in the future.

Actually when internet goes down not only with bitcoin have huge impact but also all sector from fiat currency and our saving money in the bank can't withdrawal yet without internet access. I think in the modern era, internet is most important thing and exactly for bitcoin holder or investor internet become their part life.
Bitcoin not worth yet without have access to internet because we need it when making transaction for selling and withdrawing to be fiat, without have internet access make us return back to dark era and all transaction automatically not worth it when internet goes down. I can't imagine one day or one week we can't get internet access and how its bad for investment or many people as influencer worker right now.

But I do believed that there will still be people who have fiat besides them in case of emergency like this scenario. And that's why there are also like plan B for those inventors who are involved in Bitcoin to still function if there is a internet breakdown. Or maybe we can used

https://en.wikipedia.org/wiki/Unstructured_Supplementary_Service_Data

and there's what they call Lorawan - https://github.com/valerio-vaccaro/LoraCaster

[Dr.Bitcoin_Strange]

There will be a very big problem if the Internet has a break down and nobody can access the web. Businesses will lost their profits and customers. And it not only affects business but also communication. And also people will die because security information will not be given to the military and other agencies.

Indeed, the effect and impact of a widespread internet breakdown would be really severe in all areas of modern  society. It's really gonna mess up a lot of things, from infrastructures to healthcare sectors, to security sectors and then to businesses and other important aspects of the society.

The internet is undoubtedly an important part of the world's economy and a breakdown would really have unimaginable consequences.

[Husna QA]

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!

The transaction uses the Lightning network. Even though Bitcoin transaction activities use radio waves, they cannot be done 100% without the Internet, such as for transaction confirmation purposes, requiring a miner that requires Internet access, etc.

Even though it cannot separated from the Internet, several experiments show that some Bitcoin transaction processes can use other media.

[philipma1957]

Any information will be connected to the internet and see how now, all information is easily obtained because the internet and work are getting better with the internet. Without the internet this forum would also be quiet, crypto trading would not run etc.

It seems that many of us are very dependent on the internet, and all of us cannot accept a world without the internet. Maybe it could also be said, apart from food, clothing and housing, the internet is a necessity for most people in the world to drive the economy. This is often a debate when comparing today with the past.... in the past, without the internet, humans could live, but it was very limited, and now when the internet has been adopted so massively, it has made the era grow too rapidly.

I think it is because of this addiction that many people cannot accept the situation of getting rid of the internet as soon as possible.

I lived from 1957 to 1997 without internet. We don’t need it as much as we think.

But we structured much of the civilized world around it.

If the governments banned smart  cellphones. Allowing only a phone with a camera and calling. It would work. I know because it worked that way in the late 90s.


People now would buy bootleg smartphones cause they like what a smartphone can do.

[taufik123]

-snip-
in the past, without the internet, humans could live, but it was very limited, and now when the internet has been adopted so massively, it has made the era grow too rapidly.

If it is too fast, then there is nothing wrong, and it will be a good reshuffle of the technology for the future. Back in the day when the internet wasn't growing fast, people said technology wasn't developed well enough and just ran on the spot, but now that's all changing with the advent of superfast Internet wherever you are and AI technology getting crazier.  This is the World that many people wanted in the past.

I lived from 1957 to 1997 without internet. We don’t need it as much as we think.
-snip-
People now would buy bootleg smartphones cause they like what a smartphone can do.

I was also in an era when the internet was not really needed, because under 2000 no one needed it too much.
I don't even know any phone and only play with traditional games.

But now that smart devices are available that support accessing the internet, it becomes a basic need that cannot be avoided.
some people can't live without the internet and it makes them uneasy, but when I can't get the internet I can still survive because I live in 2 different eras.

[bayu7adi]

But now that smart devices are available that support accessing the internet, it becomes a basic need that cannot be avoided.
some people can't live without the internet and it makes them uneasy, but when I can't get the internet I can still survive because I live in 2 different eras.

Something that is labeled "smart" is now quite popular too...that's because of the rapid growth of the times. I think you are a lucky person to be able to live when the internet is not too dominant in society... this is what makes it possible for you to survive and know the right steps and plans to stay alive.

[libert19]

Let alone dying for life, my internet was down for a period of 1 hour, I was confused and called the service provider to fix it immediately.
The internet has become a basic necessity that must not be lost because it will disrupt everything.

I think we have just got accustomed to Internet, just like people get accustomed to any other thing. If it goes off, I'm sure people will find ways around it.

Look at example; nowadays, people store data on Internet but before that they used to do so on paper, now if Internet shuts down (there will be chaos for a while, sure), people will just go back to paper. How hard that can be?

 

[EluguHcman]

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.

If you look at the impact of the internet on cryptocurrencies today, it is huge. And what happens if the internet is lost???
Will you regret owning Bitcoin now? And will you fall into poverty seeing that your assets cannot be sold on any exchange?

I hate trying to convince myself with false hopes. I am a strong hold of Bitcoin enthusiasts but believe it, I will regret at every course of my holdings when the internet crashes because it means I will be denied from accessing my assets and moreso, I can not further transactions with it that means it has totally disappeared and doesn't exist anymore.

With a fate on this thread, the only remedy to keep Bitcoin going when the internet goes down is when Bitcoin blockchain can build its own internet provider as to alternate accesses to our holdings.

[ABCbits]

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.

--snip--

But it requires you to already have the tools (e.g. satellite receiver) and guide/article on how do that.

Let alone dying for life, my internet was down for a period of 1 hour, I was confused and called the service provider to fix it immediately.
The internet has become a basic necessity that must not be lost because it will disrupt everything.

I think we have just got accustomed to Internet, just like people get accustomed to any other thing. If it goes off, I'm sure people will find ways around it.

Look at example; nowadays, people store data on Internet but before that they used to do so on paper, now if Internet shuts down (there will be chaos for a while, sure), people will just go back to paper. How hard that can be?

FWIW if only internet going down, that means people still can use computer or cellphone. They'll going back using flash drive, CD local WiFi or bluetooth rather than paper.

[Rubel007]

Internet use of cryptocurrencies has increased tremendously over the past few years. So if the internet goes down there will be no end to our suffering because we can work on the crypto market for it. Besides, there are many people who will be in financial trouble because many investors in the crypto market have invested by selling their assets as well. But some people will have a life of poverty and some people will have less amount of loss. You need to know that there are rich and poor in the crypto investment market so if the internet goes down everyone will suffer. In that case i think big investors will suffer more losses.

Since cryptocurrencies depend on the internet, if there is no internet, then all crypto holders will lose. But we cannot think like that. Internet service may be temporarily down in some areas due to technical problems or anything else but it will definitely be back to normal. And if there is no Internet in today's time, not only the crypto space but every organization associated with economic activity in the world will suffer. Moreover, nothing in modern age would be usable without internet. So nothing can be imagined without internet. Rather we may see the emergence of better and better technologies in the future. As time goes by people are getting more and more dependent on internet.

[Freemind]

But it requires you to already have the tools (e.g. satellite receiver) and guide/article on how do that.

Yes, of course things are still needed, but at least there are options. As for receiving help through a guide, I don't know if it will be very difficult, the truth is that I haven't looked for it but I imagine there will be something available. What makes me curious now that you mention it, is to know if anyone has ever done it this way. I'll look for information and put what I find here.