Cryptocurrency Q&A
Can Bitcoin be shut down?
Can Bitcoin be shut down?
Enrico
Thu Dec 05 2024
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5 answers
584
I'm wondering if Bitcoin, as a decentralized digital currency, can actually be shut down or stopped from operating, considering its global and distributed nature.
5 answers
Michele
Sat Dec 07 2024
In extremely rare and drastic situations, the existence of Bitcoin could potentially face termination.
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Caterina
Sat Dec 07 2024
One conceivable scenario is a catastrophic global power outage that impacts the entire world.
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Arianna
Fri Dec 06 2024
Such an outage would result in the shutdown of all communication systems and the internet.
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TaegeukChampionCourage
Fri Dec 06 2024
If this were to happen, nodes within the Bitcoin network would be unable to establish contact with each other.
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Leonardo
Fri Dec 06 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services. Despite its robust offerings, even exchanges like BTCC would be affected by such a severe disruption.
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