Post
Topic
Board Bitcoin Discussion
Topic OP
"Who Needs the Internet Anyway: Taking Bitcoin Transactions Offline*"
by
1959
on 29/12/2019, 22:58:29 UTC
So, in this recent video Neil Woodfine is talking about how Bitcoin will withstand an attack on the Internet infrastructure we have learned to rely on for so much in our daily lives.

https://i.imgur.com/30WUcdO.png

How realistic do you see the assumptions being made here? While I agree that having for example ways to connect to the Bitcoin network via satellite is better than not having it and it certainly is useful to people in places like Iran, Egypt, Turkey etc. where the Internet access gets restricted by authorities at times of public upheaval... - if one day some powerful nation/nation-like entity like the U.S., China (just see what happened around the recent NBA-related censorship... - pleasing Beijing matters these days if you want to keep the $$$ flowing) or even the EU decides to force the satellite providers to suspend those services to Bitcoin-related companies, this part of the infrastructure is likely also going to fall away.

Unless we start launching our own rogue satellites which might just be shot out of the sky by then...- not a "space expert" here though; so I hope somebody who dived deeper into the matter can possibly explain how relying on Satellites as backup helps us to make the network sufficiently antifragile when "the shit *really* hits the fan".