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Author Topic: If the internet goes down suddenly, what will happen to you and Bitcoin?  (Read 9814 times)

Offline Gurujebs

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Can't really imagine a world without internet anymore

Where I live Internet is used but still there are old ways of living alive, so if Internet only were to be shut down, it'd not be that much of catastrophic state of affairs — I like to think.

I'm not sure if the world is going to survive without the internet. Let's leave the social life of the internet and the rest. Do you know many life's that depend on the internet to feed daily and many businesses that have to open their accounts to sell online? Do you also know that the there are people who internet has saved yearly due to quick access to information, the world is going to be in chaos without internet.

Only rural areas can cope but if there is no development in the cities, the effects is not going to stop their, it will definitely spread to their side as well.
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Offline libert19

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Okay, I always said this is a stupid question because such a day won't come anytime soon. But a similar incident happened to me and my country mates. I have never spent a day without an internet connection since I first started using the internet. But this time, I and my country mates had to live without internet for the last six days.

I and my country mates just came out from six long days of internet blackouts and are feeling fresh for now. But, I cannot tell you how it was without the internet. Unable to connect with friends, unable to pay bills, unable to works and countless things which I cannot even remember now. But, since Bitcoin does not depend on a single country, I still believe that day won't come.

You should have noted your 'living without Internet' experiences on paper, and shared with us later on. I would have loved to read it.

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Offline God Of Thunder

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You should have noted your 'living without Internet' experiences on paper, and shared with us later on. I would have loved to read it.

It's not like I haven't planned something like this. I also planned something and started to write. Bu unfortunately, I wrote it in my local language in a notepad and it was about what the Dictator government doing and what is happening in the country. But I can still write how I spent my days without the internet connection. I spent most of my times by sleeping, exploring the photo gallery in my mobile, playing offline games and listening to some audios that was downloaded on my device already.
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Offline lepbagong

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Bitcoin is not relying on the Internet network because it mainly focuses on the blockchain technology and the bitcoin network which is a p2p network is also decentralized, bit for the sake of those already using a centralized exchange or hot wallets and their kinds, internet use may be required to connect their account on those exchanges or hot wallet.
It seems that you are right and cannot be blamed that Bitcoin is dependent on blockchain technology, but there cannot be connected trading transactions if there is no internet network to be used for transactions.
So, no matter what, the internet is always needed because without it, trading cannot run well. Although there is also news that a way is being sought for each transaction without using the internet, but when and we don't know yet.
Yes, it's possible to transact Bitcoin completely offline and without the internet, and there are about 2 or 3 methods I know of.
We now have specialized softwares that enables us to create an offline transaction, after creating the transaction, you'll need to sign the transaction with your private key, although this method would later require you to use the internet to broadcast the transaction to thr bitcoin network, so this method is not actually completely offline as you'll need the internet along the line.

There are also wallets that enables one to send and receive Bitcoin via Bluetooth from one device to another, this one can actually be done offline but the only disadvantage about this method is that this sort of transaction can only be possible if the devices are in close proximity.
I think that with the development of renewable technology, perhaps everyone can continue to experiment using methods that might continue to be developed without being completely dependent on the existence of the internet. I have read literature about the use of radio frequencies for these transactions, but there has been no actual publication because there may still be problems, so it has not been published and introduced for trial. Likewise, with what you have done with the method that has been implemented and there are still problems that occur, so improvements must continue to be made to become more perfect.
I think that by continuing to use renewable methods, simulations will be carried out to find the formula. Who knows when it will be realized and, until now, the internet is still needed.
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Offline Dr.Bitcoin_Strange

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I think that with the development of renewable technology, perhaps everyone can continue to experiment using methods that might continue to be developed without being completely dependent on the existence of the internet. I have read literature about the use of radio frequencies for these transactions, but there has been no actual publication because there may still be problems, so it has not been published and introduced for trial. Likewise, with what you have done with the method that has been implemented and there are still problems that occur, so improvements must continue to be made to become more perfect.
I think that by continuing to use renewable methods, simulations will be carried out to find the formula. Who knows when it will be realized and, until now, the internet is still needed.
You're absolutely spot on, what we need to understand is that the cryptocurrency and Blockchain Technology is relatively a very new tech and still have room for future advancement and development. While it's true that there's has been yet no proof or official publications of alternative methods and ways to send and receive crypto without the internet, I strongly believe that the Devs are working seriously on this and I'm the nearest future, with how technology is fast developing, they'll be able to give us a positive result on this.

It's indeed gonna be a milestone if they're able to achieve this because it's gonna be solving a lot of problems and difficulties people encounter, like being somewhere having or experiencing internet outage and other scenarios.

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Okay, I always said this is a stupid question because such a day won't come anytime soon. But a similar incident happened to me and my country mates. I have never spent a day without an internet connection since I first started using the internet. But this time, I and my country mates had to live without internet for the last six days.

I and my country mates just came out from six long days of internet blackouts and are feeling fresh for now. But, I cannot tell you how it was without the internet. Unable to connect with friends, unable to pay bills, unable to works and countless things which I cannot even remember now. But, since Bitcoin does not depend on a single country, I still believe that day won't come.

So the question is no longer "what would happen if there was a worldwide internet outage", but now "what would you do if the internet in your country goes out".

And to be honest, I'm not sure if there is any answer.

If you got satellite internet, sure go ahead for it since that usually can't be blocked. But when you're using mobile or broadband then it becomes significantly harder to reconnect to the blockchain and your funds.
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It's not like I haven't planned something like this. I also planned something and started to write. Bu unfortunately, I wrote it in my local language in a notepad and it was about what the Dictator government doing and what is happening in the country. But I can still write how I spent my days without the internet connection. I spent most of my times by sleeping, exploring the photo gallery in my mobile, playing offline games and listening to some audios that was downloaded on my device already.
Wow, I think it's not difficult for someone to live temporarily for a few months or even years without the internet. The elderly in my village have lived their whole lives without the internet, they access information through the radio and TV, never using smartphones or laptops to check email or watch TikTok ^^

Perhaps the problem only comes when someone tries to "quit" the internet and faces many problems at the same time as well as receiving many benefits. For an ordinary person like me, the internet is a source of information for work and study, there is no valid reason for me to avoid using the internet.

Back to the topic: the Windows blue screen incident at many companies can help us understand that when the internet has problems, we will care about bigger issues than BTC!
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Offline laijsica

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A sudden shutdown of the internet would cause a worldwide catastrophe where almost every sector in every developed country is organized based on it. You should keep the amount of alternative assets higher than the invested crypto.
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Offline Makus

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You're absolutely spot on, what we need to understand is that the cryptocurrency and Blockchain Technology is relatively a very new tech and still have room for future advancement and development. While it's true that there's has been yet no proof or official publications of alternative methods and ways to send and receive crypto without the internet, I strongly believe that the Devs are working seriously on this and I'm the nearest future, with how technology is fast developing, they'll be able to give us a positive result on this.

It's indeed gonna be a milestone if they're able to achieve this because it's gonna be solving a lot of problems and difficulties people encounter, like being somewhere having or experiencing internet outage and other scenarios.

I don't think going offline or making offline crypto transactions would be a good option or possible, though we can't underrate the future and its potentials but, if that is possible then the new development would have to work separately from the Blockchain, which might not be safe or difficult to for hackers to get in. Working without the internet and similar  to going blind, I hope we never have such experience were the internet would go blackout, because majority of our day to day activities are being carried out with internet connection.  The internet is the future, even fiat banking system are being operated online so cryptocurrency wouldn't be the only currency to be affected because it is fully digitalized.
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Offline libert19

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It's not like I haven't planned something like this. I also planned something and started to write. Bu unfortunately, I wrote it in my local language in a notepad and it was about what the Dictator government doing and what is happening in the country. But I can still write how I spent my days without the internet connection. I spent most of my times by sleeping, exploring the photo gallery in my mobile, playing offline games and listening to some audios that was downloaded on my device already.
Wow, I think it's not difficult for someone to live temporarily for a few months or even years without the internet. The elderly in my village have lived their whole lives without the internet, they access information through the radio and TV, never using smartphones or laptops to check email or watch TikTok ^^

Perhaps the problem only comes when someone tries to "quit" the internet and faces many problems at the same time as well as receiving many benefits. For an ordinary person like me, the internet is a source of information for work and study, there is no valid reason for me to avoid using the internet.

Not perhaps but this is exactly it, you can not compare people who never used Internet to begin with to the ones for whom the Internet has become integral part of their lives, and then taken away from them.

Offline God Of Thunder

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Wow, I think it's not difficult for someone to live temporarily for a few months or even years without the internet. The elderly in my village have lived their whole lives without the internet, they access information through the radio and TV, never using smartphones or laptops to check email or watch TikTok ^^

Probably it's not that hard. Do you think I use internet just because of I want to check emails and watch TikTok?  ;D Bro, forget about the old days. Internet becomes part of our life. Probably I can still live without internet, but the whole system is useless without internet. We use prepaid Electricity system, prepaid Gas. Now if there are no internet, you cannot even recharge your metre and you have to start living without electricity and gas as well. The internet is up since last days after the blackout, but I am unable to pay some of my postpaid bills yet because their server is still not working. The whole country system depend on the internet. So, I don't think it will be easy for someone to live without the internet these days.
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Offline bounceback

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Probably it's not that hard. Do you think I use internet just because of I want to check emails and watch TikTok?  ;D Bro, forget about the old days. Internet becomes part of our life. Probably I can still live without internet, but the whole system is useless without internet. We use prepaid Electricity system, prepaid Gas. Now if there are no internet, you cannot even recharge your metre and you have to start living without electricity and gas as well. The internet is up since last days after the blackout, but I am unable to pay some of my postpaid bills yet because their server is still not working. The whole country system depend on the internet. So, I don't think it will be easy for someone to live without the internet these days.
Many people depend their life with internet, the modern era make us can work trough online by working from home and many people work as influencer needed internet with their activities.
I agree with you about internet needed not only for social media account and active scrolling TikTok only but also we can earn money trough internet.
Right now, one hour internet shot down we faced some thing bad and how its possibility for trader or investor keep watching the market every time will not happy life without internet.

Offline Dr.Bitcoin_Strange

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You're absolutely spot on, what we need to understand is that the cryptocurrency and Blockchain Technology is relatively a very new tech and still have room for future advancement and development. While it's true that there's has been yet no proof or official publications of alternative methods and ways to send and receive crypto without the internet, I strongly believe that the Devs are working seriously on this and I'm the nearest future, with how technology is fast developing, they'll be able to give us a positive result on this.

It's indeed gonna be a milestone if they're able to achieve this because it's gonna be solving a lot of problems and difficulties people encounter, like being somewhere having or experiencing internet outage and other scenarios.

I don't think going offline or making offline crypto transactions would be a good option or possible, though we can't underrate the future and its potentials but, if that is possible then the new development would have to work separately from the Blockchain, which might not be safe or difficult to for hackers to get in. Working without the internet and similar  to going blind, I hope we never have such experience were the internet would go blackout, because majority of our day to day activities are being carried out with internet connection.  The internet is the future, even fiat banking system are being operated online so cryptocurrency wouldn't be the only currency to be affected because it is fully digitalized.
Yes it's true that the internet has already become a very essential part of our lives, but that doesn't mean that we have to overlook the vulnerabilities as well as the flaws that's associated with the internet. Let's take for instance, if a global internet outage is to occur ( although very unlikely to) just imagine the fate of the world at that point.
Making offline transactions could just be what the world needs, especially with the development of other technologies like the mesh network, offline wallets that are Blockchain based and also other decentralized alternative solutions.
This could turn out to be the best innovation the whole needs and can ever see in the crypto space, because being offline could be a very incredible way to keep your funds safe and free from online Hackers, as well as to provide a more resilient mode of transacting.

Offline God Of Thunder

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I agree with you about internet needed not only for social media account and active scrolling TikTok only but also we can earn money trough internet.
Right now, one hour internet shot down we faced some thing bad and how its possibility for trader or investor keep watching the market every time will not happy life without internet.

Not only earning money but also not possible to spend money. LOL. Most of us pay bills through banking apps or payment gateways that work with the internet. If you cannot use the Internet, you have to drive to some banks to pay bills, which will waste your time. Not only time but it will also cost some extra money and effort.

If you talk about traders or people who make money from the internet, they will be jobless and their life will become hell. Take me for example, most of my incomes are coming from the internet at this moment. I will have nothing to do without the internet.
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Offline JunaidAzizi

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Not only earning money but also not possible to spend money. LOL. Most of us pay bills through banking apps or payment gateways that work with the internet. If you cannot use the Internet, you have to drive to some banks to pay bills, which will waste your time. Not only time but it will also cost some extra money and effort.

If you talk about traders or people who make money from the internet, they will be jobless and their life will become hell. Take me for example, most of my incomes are coming from the internet at this moment. I will have nothing to do without the internet.
Yes, you are right; the lives of people will not be any less than hell after the shutdown of the internet. Things are more digital at this time; even when you use Google Maps to find routes in your car, you also need the internet. So, if a person is driving in an area that he doesn't know and the internet shuts down, then that person will be lost, and it will be very difficult to find him.

Most people are doing remote jobs from their homes because of the internet, and some are doing online jobs. If the internet is lost, then they will be jobless, and for the governments, they are nothing but a burden to them.
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