Came to a bank to repay monthly premium for the loan taken providing gold as collateral. I reached the support executive to know the total amount to be paid to get the collateral submitted. The internet connection has got some issue, and I wasn't able to get the required details. By the time it remembered me of the bitcoin into banking where everything is interconnected.
Right now each and everything is connected with internet and technology. The future of banking might happen through blockchain technology and bitcoin in mass adoption. By that time what will happen with the banking process if there happens a termination of internet connectivity for few days time.
If internet connectivity is lost it will not only affect the banks. Bitcoin will also be affected. We cannot send or receive bitcoin without data being on. It will be a bad moment for everything on earth. Aviation and healthcare will also be affected because they too rely on the internet too.
Were the internet to globally go down, every business will be going into chaos and ultimately everything else. This is because all operations relay in one way or another on systems that need the cloud, or internet directly. Crypto will also be in despair just like everything else.
Though, the chance of the internet going down just like this is close to 0. This is only a what if scenario.