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Crypto required electricity

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If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

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55 minutes ago, noman said:

If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

Of course not, I wouldn't convert it to fiat immediately. Because why would I have cryptocurrency if there is no electricity in the village in the first place? I would just wait for that electricity to go back.

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Greetings my friend
How did you get the cryptocurrency and the electricity is not in your village.
I think you can take advantage of cryptocurrency anywhere, other than your village

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4 hours ago, noman said:

If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

There is no electricity, automatically there is no internet network, there is no internet network, if there is no internet network we can not do anything because crypto needs internet and electricity. So what we're going to do is just keep it for a while.

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4 hours ago, noman said:

If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

Then I will go on city that have electricity,  because this is my life I make money in crypto so if this will happen I will not leave crypto,  i will leave my house for crypto

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3 hours ago, Muphin said:

Of course not, I wouldn't convert it to fiat immediately. Because why would I have cryptocurrency if there is no electricity in the village in the first place? I would just wait for that electricity to go back.

That's right, i agree with you because that is what i'm going to do too. Don't panicked immediately because it could leads you to your loses. We just need to wait for our resources to come back and continue our business in crypto. 

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You do not know whether the crypto needs electricity. If crypto power is required then respond. I want to know Thanks

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If that is a temporerily no electricity in our town, i will just hold it for a while because its still runs in the network, we can't say that if you have no electricity in your town there's no electricity in a whole world, no one can stop cryptocurrencies and its better to put it on your wallet and let it leave for a while.

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Cryptocurrency is a digital currency which occurs only on digital world. For us to encounter that, we need electricity. Therefore, electricity is a must for us to encounter crypto.

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If there is no electricity source in a village then there is also no internet connection, so laptops and smartphones are useless. Then people definitely don't know what are cryptocurrency, Facebook Twitter and WhatsApp. 

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Well because of electricity as a basic power to charge the device and PC batteries.  I think electricity is the most important thing in the crypto world.  especially in mining bitcoin is in dire need of electricity.

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You can't own cryptocurrency if you don't have gadgets to connect with the internet.It purely needs electricity mate and if you own crypto just make sure that you have electricity because this will never work out without it.

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Looks like I'll trade fiat. Because this is not a matter of affection or fanatic. But our need for a factor of life, where we need to be. Money to be able to continue our lives.

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5 hours ago, noman said:

If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

I will immediately exchange it to Fiat while there is still a chance. because they don't know whether there will be electricity again or not, the most important thing is that crypto has been sold.

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I will not change it. The solution I was thinking of was finding a new place to live. Because the times are growing now it is impossible for all cities in a country to not have electricity.

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If no electricity means no internet and we also cannot use our PC or smartphone to access our wallet then how could we can get profit from it because we can't used our crypto and i think i will wait till electricity back to normal and i can access my wallet properly

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If there is no electricity in my village, I will go from my village and trade in another village, because I have to find a source of electricity.

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Really Crypto need electricity,electricity is the backbone of crypto because you need to connect to the internet to make any transaction.

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6 hours ago, noman said:

If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

Not crypto that requires much electricity. It is mining,  because mining hardwares consume power a lot and they are always active and working.

Edited by Digicoin

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Crypto doesn't require electricity if you are to store it only, if you are mining that is when you will need electricity. In villages with no electricity you cannot mine, so hold your coin

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4 hours ago, zhaazure27 said:

There is no electricity, automatically there is no internet network, there is no internet network, if there is no internet network we can not do anything because crypto needs internet and electricity. So what we're going to do is just keep it for a while.

Yes I agree with you, because nothing we can do without electricity or internet network, so wait until you provide this two conditions or don't enter this field from the beginning if you can't provide them regularly 

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8 hours ago, noman said:

If you dont have any electricity source in your village what will you do with your cryptocurrency.

Will you convert it to fiat ?

Or 

will you keep it ....(for profit or something else?)

 

Thats a pretty odd question to ask because we are in the 21st century now and I think pretty much there is electricity everywhere and its why we want ro make payments online because without electricity there will only be cash money.

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I will change to a large portion and part of it I will save it as a digital asset, now if I transfer an area that has electricity I can use the city. greeting the crypto world.

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As you say so, cryptocurrencies needs electricity so why would i have crypto at the first place if my location doesn't have electricity?

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