(speaking as a non technical person)
if the internet were to go down permanently?
no, and no other crypto would really work either
cause it's all about a massive conseensus on updating a database, and without a way to connect all the nodes and have everyone consistently updated on the status of the database, well then it's all foked.
the one idea that might work with many drawbacks is a mesh network, ie even if the internet as we know it fell, maybe a new way of connecting everyone via device to device connections creating a network might work. but, the databases of different segregated nodes would become desynced, so people could potentially make their own local currencies, but I imagine it would be difficult to merge any of these together if the segregated groups were ever connected to one another (but I'm talking out of my ass, I have no clue about the state of this technology)
but hey on the bright side, in a situation where the internet as we know it were to suddenly go down, I'm sure we won't be worrying about money in the short term