Topic: Bitcoin has no role in real world - page 9. (Read 6051 times)
If it has no role then it means money have no role as well. Bitcoin is money, it can be used to purchase goods and services and exchanged to other forms of money. In the meantime I'll ignore the know nothings and stay put. Bitcoin can change anybody's life. Before, many people can't produce money for their family but now they are earning money from bitcoin.
It's getting more and more accepted, it has practical use in real life, more and more governments are taking into consideration the decision for regulation and it's becoming the normal part of peoples' finances.It has got people's trust only because it is totally out of the hands of governments.Otherwise,bitcoin's life would have been compromised much earlier.I just see you as a person of bad luck since you have not understood the tremendous benefits of bitcoin.
There may be minimal or limited uses for Bitcoin now, but that's how most great things start. There's no surprise to that because its not yet even known to some people. I absolutely agree to that, bitcoin has a huge role in the real world like it helps many people to gain and make money. Furthermore, it is also serve as their job because they could make high salary. It has been only 9 years since bitcoin was created and therefore, we need to wait for a long long time for bitcoin to be accepted widely. Even though bitcoin fail, the blockchain technology in bitcoin will help us to rebuild the world
BTC has no role to play in the real world affairs. People who try to create such a role are confused between asset and currency. The design itself only considers pure virtual activity with no touch with real world. People also mistake the buzz words such as "peer-to-peer", "border-less", "decentralised" etc as the problems to be solved. But sadly these are not real problems. The insignificant problems (speed and fees) are hardly enough to sell and these problems are going away anyway. I have no respect to Nakamoto because he ignored the most important element (govt and authorities) in social situation and still want to sell it as some solution to social situations. Hardly any country has regulatory framework that deals with btc.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
Bitcoin is not real, intangible, virtual cryptocurrency...I think everyone would agree on that. But, if you are saying that it has no role in real world, then how would you explain people like students, individuals who have regular jobs or even unemployed are getting richer and richer with bitcoin? Just thinking about how they or we get extra income from bitcoin makes us feel that we really might get ourselves out of poverty, out of misery.
Bitcoin really is still too weak to have a big impact on our lives but we are only at the beginning of the path. The dollar took a world war and half a century to take over the world. We still have everything ahead. The main thing that in the world there is a demand for the replacement of the dollar. There is demand there will be supply.
I do not think that bitcoin is weak since cryptocurrency today is improving a lot better. The values in the market might sometimes decrease but still it goes back to normal after a few months and because of that some of the banks are losing their profit, most of the people preferred to invest on cryptocurrency so it was not true that bitcoin is really weak.
Although bitcoin does not have a role in the real world is not a problem if in my opinion.
the important results and the evidence we can feel and we enjoy in this real world.
even people who do not know it also can feel the results of compensation BITCOINERS to them .
the important results and the evidence we can feel and we enjoy in this real world.
even people who do not know it also can feel the results of compensation BITCOINERS to them .
BTC has no role to play in the real world affairs. People who try to create such a role are confused between asset and currency. The design itself only considers pure virtual activity with no touch with real world. People also mistake the buzz words such as "peer-to-peer", "border-less", "decentralised" etc as the problems to be solved. But sadly these are not real problems. The insignificant problems (speed and fees) are hardly enough to sell and these problems are going away anyway. I have no respect to Nakamoto because he ignored the most important element (govt and authorities) in social situation and still want to sell it as some solution to social situations. Hardly any country has regulatory framework that deals with btc.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
It already has its own rile in the real world. It helps a lot of people and students nowadays for their daily allowance and expenses.
Bitcoins play a very important role in my world. It pays the bills and fulfill some of out travel goals. Cryptocurrency gave us something productive and profitable to do with our time in social media.
I dont think so! As a observer and also a user I observed and learn the role of bitcoin in this world I saw my relatives snd friends how the effects to their everyday life they are survive n their needs becsuse of bitcoin
i don't believe this speculation about bitcoin are no role in real world, if put on your mind bitcoin helping to people giving hope in the daily routine in lives because bitcoin giving a lot of benefits for the people and helping to economy of every nation accept the bitcoin as currency using the volatile, example the role of bitcoin in world giving decent job for the jobless and if the nation or country are in troubles to provide the great job for his people bitcoin giving this and give good income.
\I also disagree if there is a statement bitcoin has no role in real world. I see a lot things happen to the users of bitcoin in my community. Bitcoin helps them in many ways and affect their life in positive way. They are happy that they knew bitcoin sooner and they are also happy to share with their family.
No.. I am not believing of that theory.
For me. Bitcoin have a big role in the real world.
Why?
Because it is very useful to us.
Helps it in so many ways and it gives to the jobless a job and most of all it is an answer to a financial problem and daily needs for your future and your family.
So that is the role of the bitcoin in real world.
For me. Bitcoin have a big role in the real world.
Why?
Because it is very useful to us.
Helps it in so many ways and it gives to the jobless a job and most of all it is an answer to a financial problem and daily needs for your future and your family.
So that is the role of the bitcoin in real world.
My opinion does not agree what you ask. It has a real value and its value always increases with good speed. I used bitcoin since 1 year ago and I'm glad I did not have to pay high fees compared to bank fees and apart from bitcoin it also gave me a freedom in finance. 
I pay ALL of my bills with bitcoin. ALL OF THEM.
I bought my cars with Bitcoin, twice.
Everything I buy,
Food
Gas
Power bill
Water bill
Rent
Furniture
toys
Amazon
Apple....
Internet bill....
Everything. 100%
That is as real as it gets.
Bitch ass fake fucking troll!
I bought my cars with Bitcoin, twice.
Everything I buy,
Food
Gas
Power bill
Water bill
Rent
Furniture
toys
Amazon
Apple....
Internet bill....
Everything. 100%
That is as real as it gets.
Bitch ass fake fucking troll!
BTC has no role to play in the real world affairs. People who try to create such a role are confused between asset and currency. The design itself only considers pure virtual activity with no touch with real world. People also mistake the buzz words such as "peer-to-peer", "border-less", "decentralised" etc as the problems to be solved. But sadly these are not real problems. The insignificant problems (speed and fees) are hardly enough to sell and these problems are going away anyway. I have no respect to Nakamoto because he ignored the most important element (govt and authorities) in social situation and still want to sell it as some solution to social situations. Hardly any country has regulatory framework that deals with btc.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
The problems are rooted in the philosophy of crypto, not in the code. So, the beauty of blockchain tech is irrelevant for btc. It is like selling a bad app by showing how great Android is.
1) Bitcoin does not provide controlled visibility, because it doesn't recognise the existence of governments. Now if you make changes to provide visibility to authorities, ALL privacy is gone. If you don't, then ALL visibility is gone.
2) Fees are rooted in the design. Whatever consensus you invent for a public blockchain, you can't escape rewarding the work of validating transactions. So zero fees are not possible.
Public blockchains sacrifice all good qualities of a business application for the sake of trust-less environment which is not even actually a problem to solve in many contexts. Also they make it extremely costly to run small amount of code or small storage. Who wants their business code to be validated by all arbitrary people in the world?
Most ICOs are sharing economy concepts similar to uber model. Lack of a responsible intermediary and costs will make these "innovations" to fail, if they ever have to touch real-world activities.
Bulk of the blockchain activity will move to business collaborations which might not even look like a blockchain. Crypto coins will be used in most business blockchains, but these coins will be value-less tokens and very specific to the business or institutional activity.
For one it is too late to be making monologues such as this one to belittle Bitcoin and ICO. It is as if you are saying that Microsoft Windows operating system has no real world application since it just a software. No real world application? Tell that to all the miners who spend countless hours just to validate and audit the Bitcoin ecosystem.
If it has no role in real world, no real people bought it! The reality shows that Bitcoin has its own role in the advancement of technology and currency market. Imagine 50 years later when your grand children talk about Bitcoin, it's gonna be legendary!
Right bitcoin is playing the vital role in the development of the country as now a lot of people in our country are having job and they are earning a smart income even if they are at home, now bitcoin is being use to save our all money and our profit is more than double so all this is just because of bitcoin, we are able to save our time as we are paying for the bills and schools fees remaining at our job so bitcoin made life really safe and easy.
Bitcoin is not in the mammal form and no body can be adjoining to it.We can unaccompanied heavens the amount regarding screen and can think in the mind the marginal note of bitcoin. So people think that this is a no role in the definite world. But demanding people of bitcoin are increasing hours of daylight by day and popularity is not stopping rather raising at all moment. Thinking is totally of every one body in the world so people think roughly the complete one of business when merits and demerits.
Yes, I also think that bitcoin is useless in reality, at least for now, because it is virtually impossible for many countries to ban Bitcoin transactions.
So... when it is banned in many countries it will be usefull?
How can someone say that bitcoin has no role in real world?
??
..Those who speak such things clearly doesn't know anything regarding to bitcoin
They do not know how it works and work for the common good of any comunity
Who used it. I can clearly say that it have and will always have big role in me and for
others who Clearly see its potential and value . It has big impact on the society where
It stands as the anchor of their progress, it also help someone to develop
Their trading and marketing skills, even though it was not clearly express bitcoin can somehow
Define what kind of person are you on how you see it .
??..Those who speak such things clearly doesn't know anything regarding to bitcoin
They do not know how it works and work for the common good of any comunity
Who used it. I can clearly say that it have and will always have big role in me and for
others who Clearly see its potential and value . It has big impact on the society where
It stands as the anchor of their progress, it also help someone to develop
Their trading and marketing skills, even though it was not clearly express bitcoin can somehow
Define what kind of person are you on how you see it .
Bitcoin has had huge impact on real world but mostly because of blockchain technology that can really change the world drastically 
Yes, blockchain technology can really change the world, but in fact, few people will admit that they will only consider it a useless technology and think that what is created has no real value, but they will not understand it .How is it any different than what banks have been doing for over 20 years? same with Visa, Mastercard? nothing... it's nothing spectacular. It's just the same technology that's been around with a twist on it. How does that make it the future, please explain.
I entirely disagree with your comment. It means alot in the real world. Even most of the forum member will also disagree with your comment. It has real value & its value is increasing at nice pace. I am using btc since 1+ year & I am happy I don't need to pay high fees as compare to bank charges & apart from this btc is giving me financial freedom too, for me it has a real role/value.
Low fees? In which world are you lmfao? BITCOIN has one of the highest fees in cryptocurrency and is useless for micropayments Jump to: