How would the world be if Bitcoin wasn't created - page 3.

Artem Sereda

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Quote from: Maximo Spohn on November 18, 2022, 12:52:30 AM

Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.

Bitcoin has changed the lives of a lot of people, it's true! But the people whom he absolutely did not affect much more! Therefore, it is difficult to judge its usefulness here. Everything is individual!

Maximo Spohn

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Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.

posi

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Quote from: pawanjain on November 16, 2022, 10:02:20 AM

Quote from: posi on November 14, 2022, 06:52:20 AM

Quote from: TheUltraElite on November 14, 2022, 06:17:43 AM

Quote from: pawanjain on October 31, 2022, 12:07:54 PM

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

If you say that the crypto industry is helping a lot of people with well-paying jobs or directing them to financial freedom then I really agree with you. I have seen a lot of people have success when they get into crypto, not only as an investment but the industry also provides a significant amount of employment to society. But that's not quite true when it comes to bitcoin alone, to be honest, I haven't seen too many jobs that pay in bitcoin. Currently bitcoin is seen only as a good investment, a store of wealth.

pawanjain

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Quote from: posi on November 14, 2022, 06:52:20 AM

Quote from: TheUltraElite on November 14, 2022, 06:17:43 AM

Quote from: pawanjain on October 31, 2022, 12:07:54 PM

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

Cryptomultiplier

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Well, the world would be better and bitter because only then will individuals be committed to the traditional banking systems, and crime would have increased because of the absence of an alternative to earn and contribute to the society, positively.
The outside world would have been closed or reserved to only those who earn from other traditional jobs.

FanEagle

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Honestly? I do not think that the whole world in general would have that much of a big difference. It is another industry that hires people, there are tens of thousands of people who work and make an income, and there are thousands who made millions of dollars worth of profit and got rich.

However, all of that money usually came from someone else, which means they did not really change the amount of money available in the world, and that is why I doubt that it would make a big difference in the world generally. It is just something that would have been like how it was before crypto was invented, and it would go on like that without interruption. My life certainly would be 10 times worse Cheesy

so happy crypto exists.

Mpamaegbu

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Quote from: talkoncrypto Official on October 19, 2022, 12:23:25 AM

But have you ever thought how could be the world without bitcoin ..

Frankly speaking, and responding to the topic, there wouldn't have been anything wrong still. Man would be carrying out his functions like it's normal. You can't miss what you do not know exists. Without the advent of Bitcoin, life would still carry on. Before Bitcoin, there was life and after it, there will still be life.

lizarder

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Quote from: talkoncrypto Official on October 19, 2022, 12:23:25 AM

Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it.

Great things that have happened in the world there are several models, such as the internet and telecommunications which have developed so rapidly. But the model cannot provide Bitcoin-like utilization and it is for this reason that Bitcoin is far more developed than its predecessors.

Quote

No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this.

Regarding the community, I think not only in bitcoin, the stock market also has a big community for now. Decentralization establishes a delegation for more independent decision-making, this is not shared by any community other than Bitcoin.

Quote

Govts and Banks would have taken full advantages during pandemic

If Bitcoin was not created, maybe people would choose gold to be a source of investment or it could be an inanimate asset such as land in various uses. But the presence of Bitcoin really changes the previous challenge for the better.

Quote

The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild".

The creator of Bitcoin took the initiative not to reveal his identity, because Satoshi Nakamoto understands the consequences of identity as privacy, and perhaps if identity is disclosed to the public, there will be risks involved.
Satoshi Nakamoto understands the concept of human life in the technological era, so identity is not something that is important for anyone to know.

xSkylarx

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Quote from: amihada on October 27, 2022, 05:59:23 PM

if bitcoin was not created by satoshi then everyone would hold fiat money and gold as their assets, now bitcoin has been born and now many people have believed bitcoin is the most valuable asset, maybe in the future another one will be born again and valuable and useful then bitcoin will lose and so on.

If digital assets won't exist at all. Most people will hold gold, as you've said, but only a few of them since it costs a lot and is not that easy to buy, unlike buying bitcoin, which is done online and in your home. If bitcoin wasn't created, it could not help me financially, not just me, but all of us who are investing in bitcoin. We now see bitcoin as a way to make money that will help us with our daily needs.

Japinat

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Quote from: 8rch7 on October 24, 2022, 08:41:32 AM

Without bitcoin, the world will continue to run, the world economy will continue to spin, and human life will remain as usual, but if bitcoin is not created, there will certainly never be new challenges in the assets that we hold and control ourselves, basically there is no one. no one knows what was in the mind of Satoshi Nakamoto at that time, the originator of bitcoin whose name is known throughout the country, but until now no one has been able to reveal the true identity of Satoshi.

Well, of course, the world will continue to run as well as the economy inside it, but without bitcoin and other cryptocurrencies, our choices would be much limited just like what the OP have stated. And the governments around the world will take advantage of their controls and continue to make their people blind to the reality that they're getting robbed.

And for the creator behind bitcoin, as much as the creator would like to take credit from it and to be known around the world, he, Satoshi chose not to reveal himself/herself/themselves. Let's just respect it and stop finding the real identity behind the name Satoshi Nakamoto.

posi

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Quote from: TheUltraElite on November 14, 2022, 06:17:43 AM

Quote from: pawanjain on October 31, 2022, 12:07:54 PM

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

krishnaverma

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Since bitcoin has benefitted all of us in various ways so if the bitcoin was not created, we would have not been able to enjoy these benefits.

Let me share with you some examples. I am from a country where there are very less online earning opportunities. After I registered on this forum, I came to know about bitcoin and started investing in bitcoins and made som really good profits. I also came to know about signature campaigns which paid me in bitcoin only. If there was no bitcoin, I would not have made this money. There are millions of people like me who benefitted from the existence of bitcoin. We would have been in a bad financial condition in case there was no bitcoin.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: pawanjain on October 31, 2022, 12:07:54 PM

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

bhooscream

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We would not know what would have happened and how it would have continued if Bitcoin had not been created. However, it is possible that there will be other technologies that make a lot of changes in the world, right? Whether it's in terms of financial, health, system, and also other technologies. What is clear, there will definitely be changes because the world continues to grow and more and more geniuses are creating something that has a big impact on the world.

Blawpaw

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Quote from: talkoncrypto Official on October 19, 2022, 12:23:25 AM

Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1) No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds

4) The excitement to grow money 10-20 folds would have not existed ...

5) Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created

Cypher punks were already on the brink of finding/developing something pretty similar to Bitcoin. In fact, they were on it since the Cult of he Dead cow, and it become like an urgent need since 92 on. Decentralization and the need for a mean of eschange specifically designed for the internet was something that the world needed. So, if it was not Nakamoto bringing Bitcoin to the table, someone else would invent an alternative.

panganib999

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Quote from: talkoncrypto Official on October 19, 2022, 12:23:25 AM

Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1) No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds

4) The excitement to grow money 10-20 folds would have not existed ...

5) Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created

Honestly speaking, although everyone would agree that the impact Bitcoin had left to us is massive and life-long, I don't think much of the world would change if bitcoin hadn't existed. Why do I say this? Because well, people like Vitalik Buterin exists. People like Satoshi Nakamoto have been here and have always been here. Who's not to say that one of them couldn't think of a way to create an electronic peer-to-peer financial system like bitcoin? Bitcoin is a blessing to us, but I feel like we are making it bigger than what it actually is.

pawanjain

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Nothing lasts forever

Quote from: talkoncrypto Official on October 19, 2022, 12:23:25 AM

Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1) No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds

4) The excitement to grow money 10-20 folds would have not existed ...

5) Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

jinmioluwaseyi

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Quote from: cryptoaddictchie on October 19, 2022, 12:55:29 AM

Personally if bitcoin didnt exist Im not sure what would be my life. But since I learned and being associated with it, I confirm that its one of the best association or thing that happened to me. I am indeed a professional but doing my thing isnt enough and I have an urge to learn new things and luckily I found about cryptocurrency. Really big help not only on financial but also healthy to adopt new tech in our life.

it has really help me personally in many different ways also. I learn more about blockchain and so on.

talkoncrypto Official

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Quote from: fuguebtc on October 28, 2022, 02:02:07 AM

Quote from: ?? on ??

If bitcoin doesn't exist and created I will not be able to be in this life I am living right now, thanks to crypto I can earn much more than my full time job, I am able to survive in pandemic and inflation as well.

I can assure you, this is what bitcoin has been doing for a lot of people, I can't say it makes everyone here rich but a lot of people are living better lives. I myself am a person who has a pretty hard life with my meager salary but since investing in bitcoin, my life has improved a lot. Until now, it's hard to imagine what I would be like without bitcoin, I still have to work 12 hours a day for a living wage. And in times of inflation like now, when commodity prices go up 20%-30%, without my bitcoin savings I would have to work 16-18 hours a day just to be able to survive.

Your journey would have not happened if bitcoins wasn't created, good to hear from you that somehow it impacted your life for good.. So many people said, it would have been normal like before.. but in my opinion, Bitcoin created in such a time span and reached a global level acceptance its hard to believe anything could have been close to bitcoin as a currency.. I can vouch for de-centralization , but think of it a person has to go completely obsolete and out of this world, just to save the sanctity of the code written, so it cannot be manipulated even after decades.. This is the actual beauty of Bitcoin..

fuguebtc

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Quote from: ?? on ??

If bitcoin doesn't exist and created I will not be able to be in this life I am living right now, thanks to crypto I can earn much more than my full time job, I am able to survive in pandemic and inflation as well.

I can assure you, this is what bitcoin has been doing for a lot of people, I can't say it makes everyone here rich but a lot of people are living better lives. I myself am a person who has a pretty hard life with my meager salary but since investing in bitcoin, my life has improved a lot. Until now, it's hard to imagine what I would be like without bitcoin, I still have to work 12 hours a day for a living wage. And in times of inflation like now, when commodity prices go up 20%-30%, without my bitcoin savings I would have to work 16-18 hours a day just to be able to survive.

Topic: How would the world be if Bitcoin wasn't created - page 3. (Read 1538 times)