At the end he said the mobile service does use the internet to send it, the phone does not. Am I missing something? Seems like internet is still being used ultimately.
The whole internet and electricity arguments are mute anyway. Both of those are catastrophic and have way less chance of happening than the government or BTC powers that be, infiltrated or otherwise, having the ability to turn off people’s ability to buy certain products, or turn off whole accounts for that matter, which seems much more likely to happen than any catastrophic event.
Can you tell me that all transactions will be anonymous? Honest question?
Anything done electronically can be undone electronically. Security has gone to shit ever since it became electronic. Physical security was far more secure.
However good crypto markets and digital currencies seem at the start, they will all go to shit and end up being controlled by bad people. Greed and power aren’t going to ever lose their appeal.
None of the transactions are anonymous, that isn’t the point. They are privatized in the sense that the general public will have a hard time knowing who owns what wallet, but if you personally use the same wallet forever and ever then yes the govt will know who owns that specific wallet.
The main point of it is, they cannot do anything to stop you from using your wallet.
They can’t halt only your wallet on the network.
They cannot prevent you from accessing your wallet either, unless they physically arrest you.
Physical security is far more secure? Really? Because last time I checked a guy can’t come to my house when I’m away, and break into my bitcoin wallet to steal my net worth.
They can certainly walk out the door with physical goods, including your entire safe, which they will break into.
Cryptographic encryption is the most secure anything has EVER BEEN in history of everything.
And I think it’s hilarious that you say everything electronic goes to shit, while literally talking to me while using electronic technology. Kek.
The main point of it is, they cannot do anything to stop you from using your wallet.
They can’t halt only your wallet on the network.
They cannot prevent you from accessing your wallet either, unless they physically arrest you.
Please don't be dishonest, miners need only not include your transactions to ban you from the network, and if 51% of miners agree, you really have no recourse asides from trying to out-mine the 51%
Hahahaha you are actually retarded. Miners cannot ban a single wallet.
Also, transactions in BTC network…. Your transaction is combined with many other transactions within the block. The only way they could not include my wallet is to not mine the ENTIRE block, affecting everyone.
Yeah....the Tweet is correct. The headline above isn't.
If the internet goes out, the Bitcoin miners are offline, so you can't send and receive anything. Even the mempool isn't available without internet. Nothing works.
This Tweet is just saying you can send a transaction to a gateway without an internet connection. But if the entire INTERNET is actually down, so is any ability to mine/authenticate the transactions.
Won't you have it in a digital wallet? Coundt you transfer it wallet to wallet infrared? Wallet records the transactions and when wallet connects to the home wifi it uploads all the transactions to the blockchain keeping the elder current.
Holy crap is everybody going to get scammed when this stuff opens up. You're all guessing at all of this stuff wanting to get rich.
THERE IS NO INTRINSIC VALUE IN A BITCOIN.
The value is in decentralized currency exchanges.
There is NO reason to choose Bitcoin for the majority of people. It's already inflated in price yet it produces NOTHING unique.
I hope you all stay safe and don't put your eggs in the BTC basket of wishful thinking.
A Digital Coins worth is in HOLDING a STABLE VALUE. Look at the BTC charts and tell me if that looks stable? Why would I buy BTC Tuesday, have it be worth less Thursday, more Friday and then plunge 5 % Saturday when all I really need it for is to hold value long enough to purchase a service or good at a comparable price I thought I was exchanging my countries currency for when I bought it.
There is no intrinsic value in paper currency either. The attraction that bitcoin and other digital currencies hold is that the federal reserve banks have no way to dictate its value, they can’t print digital currencies or increase/ decrease the interest rates that they charge because they have absolutely no control over digital currencies. They also have no idea how much each account holds and have no way to access those accounts.
These are ideas fraught with interpretation and mean nothing. In comparison, neither gold, silver, dollars, bitcoins, salt, whatever is used as currency has ever been stable value. value changes.
Stable value can be found in those people hating bitcoin without really comprehending what it is.
But if anything: it is a revolution playing out right in front of your nose.
Logically, if an email can be sent through the hamradio, with or without linux support, then by all means, so to a tx-message should be able to be sent.
We don't know what the hack/failure will be, whether it will be servers, 4G etc... we just know there will be a pause. In the same way that Elon stopped the Ukranian military sinking a Russian naval ship, I think Starlink will be sitting there ready to provide access for the new internet after the pause. Doesn't mean people have to get starlink now, but it may well be a part of the solution.
Then you've got bigger problems than accessing your bitcoin account. Like 70%, possibly higher, won’t make it through 1 year. So, yeah, don’t worry about it. You’ll have the same problem with banks, which is why you should have been prepping since 2012 when hildabeast started making noises about running for President.
while this is cool, i am suspicious/skeptical of this service. besides what others have commented on...
this is service that manages some user data (names, phone numbers, etc.) so that is in itself a privacy/security risk
phone providers can probably tell when you're communicating with/accessing the service
if people know you, or know you have this, it can make targetable or your phone confiscated, etc.
adds extra time delay potentially, depending on your phone service signal strength. can possible lose more than one is willing if a transaction is bottlenecked by poor phone signal, on top of slow internet from the service-side
this as an additional layer against internet outages doesn''t guarantee much. if internet goes out, likely satellites go out too, which would include phone services
my biggest hesitation with this is sharing my personal details with a company that centrally stores everyone's information (to my knowledge based on this video. until i'm shown otherwise)
Ripple is a centralized CIA/globalist controlled nightmare. It uses centralized Proof of Authority for authenticators, and is nothing more than a thin veneer of blockchain over something ultimately under the singular control of whomever grants the Proof of Authority.
At the end he said the mobile service does use the internet to send it, the phone does not. Am I missing something? Seems like internet is still being used ultimately.
The whole internet and electricity arguments are mute anyway. Both of those are catastrophic and have way less chance of happening than the government or BTC powers that be, infiltrated or otherwise, having the ability to turn off people’s ability to buy certain products, or turn off whole accounts for that matter, which seems much more likely to happen than any catastrophic event.
Literally impossible for anyone to “turn off” someone’s wallet.
Can you tell me that all transactions will be anonymous? Honest question?
Anything done electronically can be undone electronically. Security has gone to shit ever since it became electronic. Physical security was far more secure.
However good crypto markets and digital currencies seem at the start, they will all go to shit and end up being controlled by bad people. Greed and power aren’t going to ever lose their appeal.
He told us the end from the beginning.
None of the transactions are anonymous, that isn’t the point. They are privatized in the sense that the general public will have a hard time knowing who owns what wallet, but if you personally use the same wallet forever and ever then yes the govt will know who owns that specific wallet.
The main point of it is, they cannot do anything to stop you from using your wallet.
They can’t halt only your wallet on the network.
They cannot prevent you from accessing your wallet either, unless they physically arrest you.
Physical security is far more secure? Really? Because last time I checked a guy can’t come to my house when I’m away, and break into my bitcoin wallet to steal my net worth.
They can certainly walk out the door with physical goods, including your entire safe, which they will break into.
Cryptographic encryption is the most secure anything has EVER BEEN in history of everything.
And I think it’s hilarious that you say everything electronic goes to shit, while literally talking to me while using electronic technology. Kek.
Please don't be dishonest, miners need only not include your transactions to ban you from the network, and if 51% of miners agree, you really have no recourse asides from trying to out-mine the 51%
Hahahaha you are actually retarded. Miners cannot ban a single wallet.
Also, transactions in BTC network…. Your transaction is combined with many other transactions within the block. The only way they could not include my wallet is to not mine the ENTIRE block, affecting everyone.
Your thoughts?
It is still being used in some fashion. No matter what a computer has to interface with the blockchain.
This only helps those who do not have internet interface with a blockchain.
Yeah....the Tweet is correct. The headline above isn't.
If the internet goes out, the Bitcoin miners are offline, so you can't send and receive anything. Even the mempool isn't available without internet. Nothing works.
This Tweet is just saying you can send a transaction to a gateway without an internet connection. But if the entire INTERNET is actually down, so is any ability to mine/authenticate the transactions.
Won't you have it in a digital wallet? Coundt you transfer it wallet to wallet infrared? Wallet records the transactions and when wallet connects to the home wifi it uploads all the transactions to the blockchain keeping the elder current.
Holy crap is everybody going to get scammed when this stuff opens up. You're all guessing at all of this stuff wanting to get rich.
THERE IS NO INTRINSIC VALUE IN A BITCOIN.
The value is in decentralized currency exchanges.
There is NO reason to choose Bitcoin for the majority of people. It's already inflated in price yet it produces NOTHING unique.
I hope you all stay safe and don't put your eggs in the BTC basket of wishful thinking.
A Digital Coins worth is in HOLDING a STABLE VALUE. Look at the BTC charts and tell me if that looks stable? Why would I buy BTC Tuesday, have it be worth less Thursday, more Friday and then plunge 5 % Saturday when all I really need it for is to hold value long enough to purchase a service or good at a comparable price I thought I was exchanging my countries currency for when I bought it.
There is no intrinsic value in paper currency either. The attraction that bitcoin and other digital currencies hold is that the federal reserve banks have no way to dictate its value, they can’t print digital currencies or increase/ decrease the interest rates that they charge because they have absolutely no control over digital currencies. They also have no idea how much each account holds and have no way to access those accounts.
bitcoin has been sabotaged for a while now, that's my opinion. at least since around 2015. the price action swinging is partly due to the sabotage
monero actually looks to be the way to go. this whole year it has been nothing but solid while almost everything else has been bouncing around
Stable value. That is the key, is it not?
These are ideas fraught with interpretation and mean nothing. In comparison, neither gold, silver, dollars, bitcoins, salt, whatever is used as currency has ever been stable value. value changes.
Stable value can be found in those people hating bitcoin without really comprehending what it is.
But if anything: it is a revolution playing out right in front of your nose.
Also, you can sent Bitcoin using a ham radio.
https://news.bitcoin.com/no-internet-no-problem-how-to-send-bitcoin-by-amateur-radio/
Logically, if an email can be sent through the hamradio, with or without linux support, then by all means, so to a tx-message should be able to be sent.
Great find, thanks!
We don't know what the hack/failure will be, whether it will be servers, 4G etc... we just know there will be a pause. In the same way that Elon stopped the Ukranian military sinking a Russian naval ship, I think Starlink will be sitting there ready to provide access for the new internet after the pause. Doesn't mean people have to get starlink now, but it may well be a part of the solution.
Cool. What if we get an emp attack that destroys our electric grid for 20+ years?
Then you've got bigger problems than accessing your bitcoin account. Like 70%, possibly higher, won’t make it through 1 year. So, yeah, don’t worry about it. You’ll have the same problem with banks, which is why you should have been prepping since 2012 when hildabeast started making noises about running for President.
Cool. Good luck surviving the apocalypse.
Or make bullets a currency.
while this is cool, i am suspicious/skeptical of this service. besides what others have commented on...
this is service that manages some user data (names, phone numbers, etc.) so that is in itself a privacy/security risk
phone providers can probably tell when you're communicating with/accessing the service
if people know you, or know you have this, it can make targetable or your phone confiscated, etc.
adds extra time delay potentially, depending on your phone service signal strength. can possible lose more than one is willing if a transaction is bottlenecked by poor phone signal, on top of slow internet from the service-side
this as an additional layer against internet outages doesn''t guarantee much. if internet goes out, likely satellites go out too, which would include phone services
my biggest hesitation with this is sharing my personal details with a company that centrally stores everyone's information (to my knowledge based on this video. until i'm shown otherwise)
Ripple with the XRPL can transfer without a network connection
Ripple is a centralized CIA/globalist controlled nightmare. It uses centralized Proof of Authority for authenticators, and is nothing more than a thin veneer of blockchain over something ultimately under the singular control of whomever grants the Proof of Authority.