Supporters of the crypto currency are sure that Bitcoin is no worse than gold - it is also reliable and in the future will be able to compete with precious metal in convenience. Nobody will carry a purse full of gold bars, and a hacksaw for metal, at the right moment to cut a piece of gold and pay them for coffee. Using Bitcoin, this can be done without problems. But what if the world completely disappears the Internet? This problem is also not dangerous for crypto currency, CoalDesk research director Nolan Bauerle is sure - if this happens, bitcoin will cope with the technologies of the "old school".
"Everything is fine! Bitcoin-transactions without problems are broadcast on shortwave radio, and even through satellites in space. Do not worry, Bitcoin will survive the apocalypse, "Baurele assured in an interview with CNBC.
The test project for the transfer of bitcoin-transactions without the Internet was launched in Finland as early as 2014 - then payments were made on the radio. From space, information on transactions can be transmitted by a satellite operating with the Blockstream Satellite service.
The idea of using crypto currency without the Internet is far from new, therefore, not only Bitcoin owners, but also analysts, bankers and economists have been discussing for quite some time.
But there are more serious problems - data storage. Baurelet advises not to use the cloud for storage.
"First, if the Internet goes down during the apocalypse, access to the cloud with data will be blocked. Secondly, there is always a risk of hacking, so it's better to store everything on a hard disk, "- convinced Baurele.
Only in this way, in his opinion, it will be possible to survive difficult times without losses.
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