Quote from: Seaze007 on May 29, 2018, 01:26:34 AM

Quote from: solve_it on September 28, 2017, 02:58:58 PM

We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.

My friend asked me what about in regions where they lose electricity, how would they trade with BTC?

For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.

Is there a way to still trade with BTC in such situations?

Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.

I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?

If no electricity I think you cant trade your bitcoin unless you have a generator because we need power and connection if that two will gone maybe your bitcoin are stop so you need to invest more in power and internet connection because that two are very important.

Brownout and other unexpected scenarios might happen but i think that we can still trade bitcoin by having a paper wallet, yes a paper wallet which is an offline wallet and you can trade bitcoin with that by having a paper wallet which have a fixed amount of bitcoin and that is the only way that i think that we can still trade bitcoin without electricity.