Post
Topic
Board Economics
Re: Can bitcoin survive without the Internet?
by
xkeyscore89
on 17/08/2014, 05:39:10 UTC
When, I talk to people about bitcoin, they often tell me that it is BS because yoa can not use it without electricity. They are like, when electricity in your area will go off, you are poorest guy in world. I found that argument stupid, but dont really know what to tell them. for some reason they all count on not having electricity available...
Their argument is technically true. Without electricity, you would likely not be able to connect to the internet. Without an internet connect you would not be able to connect to the bitcoin network in order to broadcast a TX for anything you would want to buy. This is just further proof that bitcoin would not be able to function without the internet.