Post
Topic
Board Economics
Re: What happens when there is NO electricity? How does one trade with BTC?
by
roxbit
on 25/05/2018, 04:09:04 UTC
Yes, an interesting question you asked in many developing countries there are problems with electricity supply, it is often disconnected without warning in this case it is necessary to purchase a diesel generator of electricity in order not to depend on a centralized supply of electricity.
but if there is an automatic power outage the Internet network will weaken because some may not work well because of lack of electrical energy to be able to run it, so if you use diesel power generator, can make sure the internet connection you use will be slightly disturbed even will run long enough to be able to access anything,
Yes there is many ways to make sure internet connection and  electricity will be able and that's why solar penal can solve every problem of internet connection, so bitcoin is available for every one and that's why bitcoin is more beneficial for every person.

The answer is if no electricity and no internet connection there is no bitcoin trading can happen. Cryptocurrency transactions requires internet connections. You cannot proceed, transsact and cannot transfer funds and payments without it. The blockchain is dependent on internet due to its unique design that needs to be recorded in the system.