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Biggest question -- can ETH/BTC completely operate under the table?

• rfd4sgmk8u 5y ago
  There are two things that one needs (in addition to the software, which is free and open source) to connect to the bitcoin peer-to-peer network - Electricity and Internet Connectivity. Unless states start interrupting either/both, there is no table to be operating under. It just is. It is the table and the chair and the entire economy.
  • ndury 5y ago
    Technically you don't even need an internet connection: https://blockstream.com/satellite/ https://blockstream.com/satellite/
    • TchoBeer 5y ago
      How are you going to transmit transactions though?
      • thebean11 5y ago
        Transactions are pretty small, as long as you have some way to relay data to a party that has an internet connection, you can submit a transaction. The party you submit the transaction to does not need to be fully trusted, worst they could do is not submit it to the network.
    • NicoJuicy 5y ago
      That's for sending messages, not money
      • illgenr 5y ago
        Messages are money now.
        • Lucadg 5y ago
          Yes, I think this information hasn't sunk in yet for the majority of people.
        • NicoJuicy 5y ago
          You can't send Bitcoin with those messages over those satellites only. They say you need internet or sms additionally
• pharmakom 5y ago
  yes, you could trade crypto for cash. there are some trust issues though (will they run off with the crypto AND the cash?) and the fees are high