- Nov 16, 2011
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Will bitcoin survive if the internet was shut down worldwide for a week?
Yeah, bitcoin would survive. Transactions would just pause since nodes/miners need the internet. Once the internet comes back, the network syncs up again and carries on like nothing happened.Will bitcoin survive if the internet was shut down worldwide for a week?
But change is inevitable.No,A cashless society always a bad idea I like things I can touch and feel
Bitcoin would stop moving temporarily since transactions need the internet, but the network and coins would survive. Once connectivity is back, it would continue normally.Will bitcoin survive if the internet was shut down worldwide for a week?
Okay but for a short amount of time, the first nodes and miners will own the network right? and they'll have more than enough power to add to the chain.Yeah, bitcoin would survive. Transactions would just pause since nodes/miners need the internet. Once the internet comes back, the network syncs up again and carries on like nothing happened.
bitcoin would survive technically, but transactions would pause until the internet is back—no network means no confirmations or trading during that week.Will bitcoin survive if the internet was shut down worldwide for a week?
Bitcoin would effectively stop functioning for that week since transactions and network verification rely on the internet. Once connectivity returns, the network could resume, but some transactions might be delayed or lost.Will bitcoin survive if the internet was shut down worldwide for a week?
The world dont will survive. Only some people.Will bitcoin survive if the internet was shut down worldwide for a week?
Will you?Will bitcoin survive if the internet was shut down worldwide for a week?
Bitcoin wouldn’t be able to process transactions during a global internet outage. Once the internet comes back, the network could resume, but any pending transactions would be delayed or dropped.Will bitcoin survive if the internet was shut down worldwide for a week?
I guess not.Will you?![]()