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?
For additional information about trading of BTC, NO ELECTRICITY? no TRANSACTION has been made. unlike investment processed of BTC it's okay, but before totally black-out. once you already processed before it can happen it will continuously calculated through the digital virtual currency black chain, even if you have no electricity you still remain invested of BTC and have 100% chances to get a big Profit. what you need to do is wait until your electricity restored in your area. your cellphone is useless because that's only one day of lifespan of battery after that? you are LOW BATTERY. If I were you, you can provide an alternative source of Electricity like Generator or Solar Energy if you want your BTC TRADING not affected with totally Black out.