Post
Topic
Board Bitcoin Discussion
Re: What happens if the internet goes down?
by
tiCeR
on 19/06/2021, 21:13:44 UTC
Recently a group of young people in Venezuela are working on creating a way to use Bitcoin without having an internet connection or having electricity, they are doing it through the use of radio signals, they want to take advantage of the radio signal to establish the protocol compatible so that Bitcoin can stay online.

Of course at the level of networks and signals there is a probability that it will be achieved, it is also a very good way to achieve the solution, I think that the scopes must be done through antennas, but it is a good project, however they were working on this project 2 years ago, now with the problem of the pandemic, I don't know what stage of the project they are in or if they have progressed or not, but just like them, there must be other people working on other ideas. The idea of taking advantage of the radio waves arose because in Venezuela there are constant power outages, these ideas arise from the needs of people to be left behind, these types of projects are the ones that large investors must finance, with such, they can be the most benefited in any eventuality.


Isn't that even more advanced than you described? I thought I read something about sending Bitcoin without Internet quite a while ago. As far as I know there are ways to broadcast transactions and to receive it as well. What I don't know is how the storage of the growing blockchain would work then.

Anyway, the Internet won't go down. Rest assured that those who could shut it down are wealthy and have parked most of their money in assets that would just vanish without Internet. Wink