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Author Topic: Are Crypto Users are really prepare to Face these situations?[No Internet]  (Read 2658 times)

Offline Agbe

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Like I have explained on the other forum, yes because the government have control over the underwater internet cables. Those internet providers using underwater internet cables are regulated by the government, and they can be controlled. Only satelite internet connection would be the option to go for.
That's why I mentioned satellite internet as an alternative. I actually doubted whether the satellite internet connection would work at all. But besides, I myself do not know which company provides satellite internet in Bangladesh and what is their price. I heard about Starlink and I have no idea about its pricing.
However, as a 3rd world country and based on the income of most people, most of them do not have the affordability to implement this satellite.
Most country have not expertise to that level and they are still using the analog method of Internet connection. And the best way is the digital Internet connection which should be direct satellite Internet connection. And as it was said in the other forum like Charles -Tim said, the breaking down of internet will affect a lot of business plus the banking system because everyone and companies now is using cashless transfer and Internet is needed 24/27 hours.

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Offline ZAINmalik75

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Are bitcoiner really have the decentralized system, which can't be controlled? Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.

Now I want to know if there is ever such a situation in your country then what should be the pre-preparation?
We also faced the same situation and the Internet was shut down for more than 5 days. You must have heard of this event from my local community members already or from some other source. There was no data connection but we were able to use PTCL connections but only in homes and outside we were not able to use the internet which was difficult. People who had no WiFi connections faced difficulties but they moved into places where they could use WiFi.

I faced this situation that's why I know how it feels in such a situation, they shut down the internet due to political matters which was not a good move. Why do these centralized governments do such things, moves of these types help us realize why decentralization of everything is necessary. If everything is centralized we won't be given freedom of speech.
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Offline sampoerna

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What will you do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?

Ah, I don't know about this, whether my country can support this or not. If the internet is really down for all providers for a few days, it will definitely really disrupt daily activities. Especially for crypto, maybe after the announcement, we can prepare it in advance for transfers, deposits, or withdrawals while the internet is down. However, for other activities that require the internet, this will be very difficult and really hamper various performances in all fields.

because currently there are many things that are done using the internet and it is no longer separated. So, what do you think if the internet goes down, what will happen? I'm sure it will be chaotic.

Are bitcoiner really have the decentralized system, which can't be controlled? Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.

Now I want to know if there is ever such a situation in your country then what should be the pre-preparation?
We also faced the same situation and the Internet was shut down for more than 5 days. You must have heard of this event from my local community members already or from some other source. There was no data connection but we were able to use PTCL connections but only in homes and outside we were not able to use the internet which was difficult. People who had no WiFi connections faced difficulties but they moved into places where they could use WiFi.
Seriously? Is your country that strict at this time? I am concerned about the situation, hopefully there will be a solution that benefits all parties soon. Because basically, the need for internet is not only for Bitcoin users. If the government does it to suppress the number of people involved in Bitcoin and crypto, then that is not the right step, because after all, isn't the internet already one of the main parts for society for their daily activities? But what do you mean, is the internet connection that is cut off only from the government or all providers in the country? If so, won't the providers also suffer great losses if the internet has to go down for a few days?
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Offline Zed0X

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~ I am not even sure that cards and bank payments can work without internet.
Yeah, if there will be anyone who would be affected the most, it's the people who rely on these infrastructures like big businesses. A bitcoiner will probably just have to wait a bit since Governments cannot really function properly without internet and they will be forced to fix that first.

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Cryptocurrency users are often aware of the risks associated with their investments, including the possibility of losing internet access.But this preparation may not be successful. Because if we come to a situation where the internet is not available then it will affect crypto users to face big challenges.If there is no internet connection,it will affect the trading because those who hold this bitcoin for a long time cannot take any decision without internet connection.Internet is very important for all of us through this internet we work online.

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Now I come to the real point, most of us who are here have investment in cryptocurrency or bitcoin or selling services which is very related to bitcoin.

What will you do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?

Are bitcoiner really have the decentralized system, which can't be controlled? Because at the end of the day, I'm seeing that we are hostage to the government. It appears that all control is in the hands of the government i.e. to the ruler party.

Now I want to know if there is ever such a situation in your country then what should be the pre-preparation?

As far as I know there is really no good alternative that we can use if the usual internet infrastructure that we have will one day fail or be controlled by the government as we know that internet is really centralized controlled by many corporations and can easily be influenced by those in power. The only alternative solution is satellite internet but this is very much expensive and also centralized. Starlink is owned by Elon Musk and certainly this can still be of big help but not feasible in many areas of the world especially on the consumer level. So at the end, we can be groping in darkness once there will be a situation like this...but then again when something can develop that can cut off the internet it can mean that turmoil must be at hand and that things are not really normal. There is nothing we can do but hope and wait when things can get back to its feet. Let's hope that one day there can be a real alternative solution just in case we will get into this problem so we can still be using Bitcoin and cryptocurrency as usual. The truth is that no internet, no Bitcoin.








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The government's attempts to shut down the internet do not necessarily mean they have control over Bitcoin. Such actions affect internet technologies and human communication but do not imply control over Bitcoin itself.

It's important to understand that an internet shutdown impacts the authorities as well, causing everyone to suffer. However, when the internet is restored, our Bitcoins will remain intact and untouched, thanks to its decentralized nature. What happened during the five-day internet shutdown in Bangladesh demonstrates that even in a crisis, your assets stored in Bitcoin remain safe. While there may be inconveniences in processing transactions, the most important factor is the security of your funds. Bitcoin serves as a hedge against crises that could cripple values or the economy.
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Offline famososMuertos

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I don't think that satellite internet would solve anything, at least for most of the people, and it's not available everywhere....//,,,,

Satellite Internet has allowed indigenous communities to communicate, also isolated peoples have become connected, etc.

The use of satellite Internet, and the configuration of a fiber optic network is allowing inaccessible places to communicate, the low costs of fiber optics are incredible and you can, with a pair of transmitters + fiber optics, provide Internet to hundreds of users, also among other alternatives, cars are being equipped with modifications of Starlink antennas, in short...  with SL you have many solutions.

The case of the OP, goes beyond the simple conjecture of using bitcoin without -internet, it is a complex social political issue, which unfortunately is leaving many young people dead.

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Can a Satelite Internet connection can be only the way ?

Depends how much the government wants to shut down everyone, the signal from any device linking to a satellite can easily be isolated by tracking radars from the 70s so one mobile radar near the city can give away your location immediately, in the end, it's about how much they care, they want to crash everyone then you're just making your situation worse.
Besides they could easily jam that too for large-density areas to deny you service if the military is involved.






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Crypto Library, TBH I'm feeling so sad, that such a crisis is ongoing in your country and, on top of that this crisis is just because of a democratic protest, which is the right of everyone Students are going through a hard time, May Allah Bless you guys and give you patience and Strength. No internet is really a big problem, but what can we do against such dictators except the protests?

For the general point of view.
TBH, I don't think no internet situation is gonna ever happen because it is not the age of land-line internet, now we own the latest satellite communication, Until or unless there's WW3, I dont think there will be 100% no internet on this planet.
Our situation is really on a disaster. So far the strong movement has been going on and now it is going on to arrest those who are with the movement. Already our dictator's forces are taking away our students from their homes and hostels, many of them are nowhere to be found. And besides, we currently have to use social media using VPN. And today I have to use VPN to access bitcointalk and Altcointalk forums. I myself am afraid when the police come to my house. So strict surveillance is being made that those who have posted related to this movement on social media are also being arrested. Already 2500 students have been arrested for protesting.

May Allah protect you all, we are praying for the safety of you guys, stay strong and consistent. TBH as far as i know this protest was started against the reserved quota, anyway whatever it is as you've mentioned they are now going to arrest the people who are involved with this movement, i would say this is not the first time happened in worlds TBH, recently this what happened in Pakistan as well with the PTI supporters and many are still facing the consequences.
« Last Edit: July 27, 2024, 05:10:29 PM by Hamza2424 »
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Offline 0t3p0t

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Crypto Library, TBH I'm feeling so sad, that such a crisis is ongoing in your country and, on top of that this crisis is just because of a democratic protest, which is the right of everyone Students are going through a hard time, May Allah Bless you guys and give you patience and Strength. No internet is really a big problem, but what can we do against such dictators except the protests?

For the general point of view.
TBH, I don't think no internet situation is gonna ever happen because it is not the age of land-line internet, now we own the latest satellite communication, Until or unless there's WW3, I dont think there will be 100% no internet on this planet.
Our situation is really on a disaster. So far the strong movement has been going on and now it is going on to arrest those who are with the movement. Already our dictator's forces are taking away our students from their homes and hostels, many of them are nowhere to be found. And besides, we currently have to use social media using VPN. And today I have to use VPN to access bitcointalk and Altcointalk forums. I myself am afraid when the police come to my house. So strict surveillance is being made that those who have posted related to this movement on social media are also being arrested. Already 2500 students have been arrested for protesting.

May Allah protect you all, we are praying for the safety of you guys, stay strong and consistent. TBH as far as i know this protest was started against the reserved quota, anyway whatever it is as you've mentioned they are now going to arrest the people who are involved with this movement, i would say this is not the first time happened in worlds TBH, recently this what happened in Pakistan as well with the PTI supporters and many are still facing the consequences.
Yeah it's been a long time since these kind of resistance are operating especially in third world countries like mine our government is also fighting against insurgents and terrorists and in addition to that we also have external threats so if those underwater cable are damaged I'm sure we will be having a hard time with communications and access to internet. Though I personally plan to buy a starlink unit before something will disrupt our internet connection but it was like more or less $400 plus the additional more or less $50 monthly subscription which is too much for me that is why I am only using data connection right now as satelite internet is quite expensive.

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Now I want to know if there is ever such a situation in your country then what should be the pre-preparation?
It's a blessing that Bitcoin is decentralized and that one can control it. Perhaps the government will restrict it like the internet and keep its use for their benefits. In your case, I would recommend migrating to another state as much as possible because you can't do anything against the government, and for the safety of your assets, it is very necessary. As for the answer to your other question, using a satellite will be the last option to access your assets, but it will cost too much, and maybe we can't afford it. This is my opinion, as I have not used it.
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May Allah protect you all, we are praying for the safety of you guys, stay strong and consistent. TBH as far as i know this protest was started against the reserved quota, anyway whatever it is as you've mentioned they are now going to arrest the people who are involved with this movement, i would say this is not the first time happened in worlds TBH, recently this what happened in Pakistan as well with the PTI supporters and many are still facing the consequences.
I have also seen some videos about the incident in Pakistan It is also very sad. And you are right that it is actually quota movement, reservation in our government jobs was 56% and only 44% people could get government jobs through merit. In our situation in Bangladesh, the movement was of students and it was definitely peaceful. Later, after the attack of the ruling party, the peaceful movement turned into a bloody movement and all the students across the country took to the streets. But around 6000 students have been detained till today's news by shutting down the internet and curfew.

It's a blessing that Bitcoin is decentralized and that one can control it. Perhaps the government will restrict it like the internet and keep its use for their benefits. In your case, I would recommend migrating to another state as much as possible because you can't do anything against the government, and for the safety of your assets, it is very necessary. As for the answer to your other question, using a satellite will be the last option to access your assets, but it will cost too much, and maybe we can't afford it. This is my opinion, as I have not used it.
What I have seen is that nothing is possible without internet, I have heard that there is a possibility of shutting down the internet from the government because currently the video footage of the incidents that happened in the previous five days is spreading on the internet. Which is leaving the government in a state of discomfort. And because of this we are facing the biggest loss.

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The fact that the government taking measures to shutdown the internet does not necessarily mean that they have control over Bitcoin.
Such exhibition is as the government's keep related internet technologies and bridging humans communication and not mean they have controls over Bitcoin.

Hence we should know that the shutdown of the internet will also affect them the authorities so everyone suffers it and at the restoration of the internet, our Bitcoins will still be intact for us untouched as decentralized financial technology it is.
We can say that what happened in that few 5days in Bangladesh is a reflection that even in crisis your assets or values stored in the Bitcoin will safe for you rather there would be inconveniences to process transactions. But what should be most mattered is the safety of your funds which Bitcoin is always a hedge towards such crisis potential to cripple values or the economy.
That's a good point, but what if you are in need of funds and most of your funds are in the form of BTC and you can't use the internet then how will you survive in such a situation? I guess taking a loan is the option remained there, but if the situation is like it is now in Bangladesh I don't think anyone will give a loan that easily. What the government did is not good they should not have gone this far killing students and shutting down everything.

Internet ban is a thing in developing countries because till now I have not seen it happening in developed countries, it even happened in my country as well. We all suffered but I took a loan in that time period as I totally depend on online work as a freelancer I prefer not to take cash with me. In short we are not prepared for it but those who have experienced it for sometime they know how hard it is so prepare before its too late.
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What will you do with their transactions/trades in this situation? Can a Satelite Internet connection can be only the way ?
Like I have explained on the other forum, yes because the government have control over the underwater internet cables. Those internet providers using underwater internet cables are regulated by the government, and they can be controlled. Only satelite internet connection would be the option to go for.
The government control both the under water and on air site light so regardless of the route where the access the Internet, the government have total control but the bigger question is will they be able to survive without the intenrnet?

Government is the so responsible agent to control the life's and access to the Internet and what the do with sites that they visit on the intenrnet, this is why you see government blocking some websites.
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