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?
Are you familiar with generators? We can use it in case there are no electricity available. But even there is electricity available but you have no internet I don't think you can trade. Actually, we almost have the same problem. Sometimes there is no signal in my location so that I cannot reach or visit the web. What I only know is that, it really depends on how near you are in a cell site. The closer you are, the stronger signal you can have.