RE: ICE NINE. The Elites are going to freeze and seize your bank account !! Has already happened in several countries
There are seven major companies operating as Tier 1 peering points. All that governments need to do, on a coordinated basis, is shut down peering traffic across these 7 networks, and the internet is severely hobbled.
Some folks may argue - it is impossible to shut down the entire internet, there are always going to be some rogue nodes and rogue networks. True. But a few small nodes isn't what people think of today as "the internet", which is a global machine carrying thousands of Petabytes of traffic.
Shut down the 7 major Tier 1 peering points, and you've taken a Ferrari and turned it into a broken skateboard with 3 wheels. The internet would still exist. But it would be nothing like the internet you know today. Think back to dial up modems and 300 baud connections. What you would have left operating would probably be less capable than that.
PoW activities by miners that take minutes and hours today, would turn into weeks and months. If they could still run at all.
If you have BTC in your own private wallet, you would still own that BTC. But where/how will you transact? Where/how will you convert to fiat?
Seven majors:
Level 3 - USA - 79% all IPv4 addresses
Cogent - USA - 34% all IPv4 addresses
Global Telecom - Italy - 39% all IPv4 addresses
TeliaSonera - Sweden/Finland - 34% all IPv4 addresses
NTT Comm - Japan - 43% all IPv4 addresses
Tata - India - 28% all IPv4 addresses
Telecom Italia - Italy - 24% all IPv4 addresses