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Topic: 60% of world population cannot access computer so Bitcoins will fail. - page 13. (Read 1890 times)

newbie
Activity: 62
Merit: 0
that will be changed soon, don't you be so pessimistic.

Yeah, sure, the tribes at the deserts and factory workers at the poor countries are definitely going to use Bitcoin.  Undecided
jr. member
Activity: 322
Merit: 1
In countries where people do not have access to a computer, them are not at all up to bitcoin. They are preoccupied with more elementary problems. On investment and financial literacy, there is nothing to say.
newbie
Activity: 98
Merit: 0
there are still 40% who can access bitcoin then it can still survive, unless no one can access bitcoin then bitcoin will die. as long as there are still connected even if only 1 it can still survive.

Even in the provinces mostly has a gadget, how much more in the cities so I don't think that Bitcoin will fail because there's no acces in computer. Unless internet connection will collapse, there's a possibility that Bitcoin  will not exist.
newbie
Activity: 112
Merit: 0
I don't think so for 60%. On this modern technology today even in uncivilised countries are using this technology like cellphones, computers or any gadgets related to internet.
So I think if you can access to internet you are also eligible for this industry.
member
Activity: 518
Merit: 11
there are still 40% who can access bitcoin then it can still survive, unless no one can access bitcoin then bitcoin will die. as long as there are still connected even if only 1 it can still survive.
legendary
Activity: 966
Merit: 1009
Two billion people worldwide do not have a bank account!
https://edition.cnn.com/2012/04/19/business/poor-bank-accounts/index.html
And 75% of poor guys don't have a bank account!
So what?
So banks will fail? Huh Huh
member
Activity: 672
Merit: 14
Internet accessibility today isn't like yesterday, it keeps increasing each time. As the world grows into a more technology-driven world, the generation of the common and illiteracy are wiped out. Gradually, the young prodigy generation is emerging and surfacing the earth. With this, the usability of Blockchain and Bitcoin will continues to grow each time. Even If not Bitcoin, there is one thing that stands to be fulfilled and that is, the world will go cashless one day and this will be led by a Blockchain powered cryptocurrency.
full member
Activity: 504
Merit: 122
I think that you are wrong. Bitcoin needs internet, not necessarily a computer, you can manage cryptos via smartphone with internet.
According some researchs more than 4 billion has internet acess: https://www.internetworldstats.com/stats.htm

And according some another research the users of bitcoin is between 13 million and 28.5 million: https://www.bitcoinmarketjournal.com/how-many-people-use-bitcoin/

So less than 0.4% of the ppl uses bitcoin and it is now $7k at bear trend and ATH was $20k.
Will bitcoin  fail because of this?
sr. member
Activity: 1470
Merit: 325
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

its not that important, digitzation will continue, for bitcoins failure others things are more likely like the bad ressources wasting character.

regards
full member
Activity: 938
Merit: 137
It just says that the spread of crypto currency will be very slow. Apparently, it will take decades. Also, the process of legalizing crypto-currency by various states will be relatively slow. No matter how hard we try, it does not depend on us. Many people simply do not want to use the crypto currency through a computer or mobile phone. They will not trust these technologies. However, the crypto currency, in spite of this, will spread all over the world.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

This is the number one flaw of bitcoin, which is why bitcoin, for now, will never replace our fiat money nor be the top currency around the world. This is also the reason why not many people know about bitcoin because they can't even get too into an internet connection into the mountains and limited places which is hard to go to but as our technology getting better and better everyday more and more technologies will be made which will help bitcoin reach throughout the world not also that before bitcoin do internet connections must reach throughout the world. Many big companies are already trying this via internet satellite that will reach remote areas around the world.
full member
Activity: 364
Merit: 100
Not necessarily. Yes the majority of the world's population does belong to the poverty line which hinders them from having internet access or being able to get hold of a PC. But this will not be a reason for Bitcoin's failure. The remaining 40% is capable enough to keep Bitcoin running. Remember that not all successful companies or projects or products are being patronized by the majority. Only a specific market keeps them up and running. But this is enough for them to earn huge profit.
member
Activity: 238
Merit: 10
I do not think that bitcoin will fail because many of the population can not access the internet and computers. Of course, i would like a hotel so that all people can access computers and the internet that would give these people more freedom and also they could learn about new technologies of blockchain and cryptocurrencies, i think in the near future the Internet will be available in almost all countries of the world.
hero member
Activity: 812
Merit: 501
Bitcoin could never go mainstream anyway, look what happens when only a very little share of population starts to use it, transactions get stucked, never confirmed, fees go to the sky, it is a mess. Now imagine this mess projected on the world's population as adoption base...
What's the matter with mainstream. Bitcoin is bitcoin , it is not mainstream or anything. Bitcoin will be the first internet payment. using CC is now left by many users. CC is a lot of rules. Bitcoin is decentralized , you can save money and send it to anyone without being limited by third party.
member
Activity: 238
Merit: 10
Greentoken-invest in ecology
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

Why would you think that bitcoin will fail, if you are still doing bitcoin anyway. 40% is already a big number of people with internet. If bitcoin will fail, it should have happened before. But right now, its just getting popular and more popular. Manh users are also getting involve in bitcoin.
full member
Activity: 644
Merit: 101
Ecowatt.io
I agree with those who claim that Bitcoin has no goal of becoming the first currency in the world. Yes, this is an ideal asset, but you need to look at the situation. It is a pity that the human essence basically looks for the first flaws and then the potential and advantages. I would on the contrary say that these 60%, sooner or later, will get access to the computer - that's when the golden time for crypto currency will begin. Civilization is moving forward, therefore, most likely, more than half of humanity will become computer users, and accordingly, a potential investor in Bitcoin. I think this fact is more positive than leading to Bitcoin's failure.
full member
Activity: 420
Merit: 101
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

Even with computers, we still can't guarantee that a lot of people has a stable internet connection. Not every region of a country has access to the most bountiful resourcr we have. Without the internet, bitcoins cannot reach the places it should be reaching like the poor.
Well, that is why we need the cryptocurrency and blockchain related TV channel! And as I know there is at least one blockchain startup, named Fiancia, that is going to launch crypto news ralated worldwide TV channel!
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
        We are computer generation and everywhere has an internet. A lot of people even in remote areas use cellphones and computers and other gadgets that also need an access to internet. Even a little chile know how to use this technology and even in elementary school they are using computers so that students will not behind to our modern technology. And for that reasons bitcoin are easilly to spread out everywhere and more and more people will engage in bitcoin soon specially now that they know bitcoin is a decentralized currency that could helps to uplift their livings.
full member
Activity: 462
Merit: 100
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

Even with computers, we still can't guarantee that a lot of people has a stable internet connection. Not every region of a country has access to the most bountiful resourcr we have. Without the internet, bitcoins cannot reach the places it should be reaching like the poor.
sr. member
Activity: 854
Merit: 281
I disagree. Smart phones are everywhere in Third World countries, and they continue to get cheaper. The issue with the Third World is that so many are unbanked or lack basic documentation. A decentralized currency that they can spend with a smart phone will fix many problems for them.
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