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Topic: How would the world be if Bitcoin wasn't created - page 5. (Read 1538 times)

hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
Honestly, it's difficult to think of the world without bitcoin and cryptocurrencies in general because we living in its era. But after seeing how the centralized system has been used to try and punish Russia after the Ukrainian invasion, decentralized financial systems were always going to be find their way to us, maybe not just bitcoin but something similar to a digital currency with the same financial freedom concept tied to it.
hero member
Activity: 994
Merit: 701
Even if bitcoin had never existed, the world would have continued to function as it did before. We live in an innovative world where change never stops, thus it is certain that changes would have occurred in the global financial sector. Perhaps if bitcoin had never been, we would have come across a different way to invest or save money with features that would be different from bitcoin's. Since our world is constantly changing, bitcoin or not, it will eventually become what it will be before the end of time.

The world's financial system is now more transparent and has made life easier thanks to bitcoin. All of these things would not have occurred without bitcoin; instead, they did so as a result of the current decentralized system. A system like this would already exist, much like bitcoin does, or it will emerge in the future, as long as the world is still going and people of justice and truth still exist. I will always be grateful that bitcoin existed at this period of my life and that it is still around today.
sr. member
Activity: 771
Merit: 293
~ 4) The excitement to grow money 10-20 folds would have not existed ... ~
The passion for doubling the money is definitely still there. No matter in a good or bad way, ponzi schemes, MLM business, and Forex trading are some things that can be done to fill people's desire to get rich quick. It is undeniable that Bitcoin gives a better chance even though criminals also work in this way.
I think if Bitcoin didn't exist, all countries would have no plans to make digital money for their legal currency. CBDC will never be created, because they never thought to create a technology like Blockchain.
hero member
Activity: 3010
Merit: 666
If bitcoin was not created many would have fall into ponzi schemes all in the name of investment.  Bitcoin have been one of the best investment.  Bitcoin have contributed to people to make good investment.  If their was no bitcoin existing most people would have been depending in the bank to save their money .
People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.
Bitcoin is just another opportunity man. Without this, people still looking for a job, an investment, running a business, etc in order to survive. I haven't seen a huge change when Bitcoin come, it was just people considering this as a new investment platform and bringing them to digital investment. In fact, many people are living far away from Bitcoin, and many are still rejecting this, but look, they are still able to survive the market inflations and economic crisis.
legendary
Activity: 1526
Merit: 1359
The question of what would have happened if Bitcoin was never created is irrelevant, as it is clear that it has already changed a lot since its inception. It has changed the way people think about economics, it has changed the way people transfer funds, and it has even changed the way some businesses do their transactions. The Bitcoin system provides a quick and seamless way for individuals who have no reason to trust one another interact as if they did. In the Bitcoin community, members will exchange bitcoins quickly and easily without having to go through a bank or credit card processor, who may charge a fee for the service. This is an excellent alternative to cash and credit cards especially when large sums are being exchanged.

The question on whether or not Bitcoin would have been created if it weren't for the motivation of the creator might remain a mystery, but one thing is for sure: Bitcoin has certainly made the world a better place by giving us a reliable, cheap and fast means of financial transactions.
hero member
Activity: 2282
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To be honest without Bitcoin, I would remain broke until today. And not just that, I would remain a complete disappointment to my family by not being financially secured. Although video games and travel are always my true passions in life, but both cannot make a difference for me if I wasn't into crypto.

I was a network marketer for years and remained a big disappointment. Was searching for greener pastures from here and there until I decided to go all-in on crypto and it worked! It turned my life around until today despite the numerous ups and downs I have in my life. It surpassed what I have achieved in my previous career.
hero member
Activity: 1302
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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  
Bitcoin is here to make a change, where many people have got what they want, by taking more or less part of the investment from it, bitcoin decentralization has become a pattern that makes people feel safe and can control their own investments, where previously fiat currencies were centralized by certain authorities.
Can't imagine what it would be like today, if bitcoin was not created by Satoshi, but bitcoin has helped many people in preparing a mature investment.
legendary
Activity: 2590
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Leading Crypto Sports Betting & Casino Platform

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



although it is a pretty crude fact, i can tell you this is what people care about bitcoin more than the rest. bitcoin can be said to be an asset class that offers unprecedented volatility and everyone who invests in bitcoin is interested in this, only in the crypto market do we have a chance to see 100x 1000x growth, which no other market can offer. bitcoin has brought wealth to a lot of people and today people continue to invest in bitcoin hoping to get rich with little capital, because with little capital you have almost no chance to change your position in the world out there
hero member
Activity: 1778
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Leading Crypto Sports Betting & Casino Platform
There are many 'if' words regarding this and if bitcoin was never created I guess we would start moving to other currencies and assets instead of bitcoin because we can see the world is moving always to new technologies and people are showing interest in the decentralized thing where they won't have to involve any their party element for their deals and especially if this third-party is the governments so I guess even if the bitcoin was never created people would start moving to other things instead of bitcoin.
hero member
Activity: 3164
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It's a good thing to be among those that know about bitcoin existence. Had it been bitcoin didn't exist, I don't know what the world will be like for those that are looking for financial freedom. Am happy to be among those that have benefited from bitcoin exposure to riches. Times are hard in society and bitcoin has been a good help to us that have bitcoin as a store of their assets
I worry that if bitcoin didn't exist, or if I didn't learn about bitcoin when I did, that would mean that I could have possibly end up losing a lot of time in my life. Thanks to bitcoin I live a life where when something major happens, I could be with my family, for the past 1 year, we had to deal with sickness and hospitals everyday for a while, and I was there to help with all of that, because I was capable of doing that thanks to bitcoin and my work in the field.

If I didn't know, then I would be working in a regular 9-5 job, maybe worse, and then I wouldn't be with them because I would have to be at work, and that would be quite terrible to not be with them during this difficult time.
member
Activity: 476
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Speculating about what would have happened if what happened had not happened is part of philosophical thinking. You are not going to reach any conclusion by understanding conclusion as something derived from a scientific reasoning process.

So I leave you to speculate about the counterfactual you propose. I prefer to focus on what is happening in the world today and what may happen in the future.

Your opinion makes sense too,, indeed we are better off just thinking about what has happened and also preparing for the future, because if our think about what is not clear, of course it will not produce anything. so it's better if we think about positive things, don't think about things that are not clear.
hero member
Activity: 1036
Merit: 674
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
Bitcoin is really the option the world needs in this peril Time and the pandemic made us realise that. The pandemic was and indeed demonstrated a world in need of a change, a world where most of the traditional ways known to man wasn't going to be at its best function and bitcoin stepped in to ensure the people don't crumble under the weights of the times.

Bitcoin has done most of what was and wasn't expected of it and still looks forward to doing more with legalisation. Its role to play in the world to come cannot be over emphasised.
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
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


Bitcoin had changed the entire world making more crypto projects 5o come into the market and more opportunities for people to buy there favorite coins or coins they think it's going to be very profitable to them. So many opportunities had emerged as a result of Bitcoin making many persons to be very profitable and comfortable with what they do even without having to go to work every morning or night.

I can't even mention it all what Bitcoin had contributed to our lives which is one of the reason why we need to be very grateful to Satoshi Nakamoto which brought and implemented this idea which is making us a very comfortable persons without depending on just one source of income.
legendary
Activity: 2338
Merit: 1084
zknodes.org
And of course this forum also wouldn't exist if bitcoin wasn't created by Satoshi Nakamoto. How influential Bitcoin is today in developing the digital economy around the world. Bitcoin is the origin of all coins today. The richest people in the world even always mention bitcoin.
If bitcoins really were never created, I wouldn't be able to earn from my computer screen, I wouldn't be able to buy a lot of bitcoins and of course I wouldn't be a crypto trader and be stuck in a zone I never wanted to be.
Bitcoin was created to support all one's expectations, to grow one's business and to change the way one transacts.
hero member
Activity: 1050
Merit: 592
God is great

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


If bitcoin was not created many would have fall into ponzi schemes all in the name of investment.  Bitcoin have been one of the best investment.  Bitcoin have contributed to people to make good investment.  If their was no bitcoin existing most people would have been depending in the bank to save their money .
People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.
newbie
Activity: 5
Merit: 0
First of all, we acknowledge that the invention of Bitcoin built the base for what we know today as the cryptocurrency ecosystem. But the advancements that the ecosystem has undergone and the developments that have taken place these years are not necessarily attributed to Bitcoin or Satoshi. The things you listed are not solely based on Bitcoin but the entire cryptocurrency ecosystem. The efforts of various people who have seen a reason to give value in the crypto space can't be neglected.
 
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.

Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.
Thinking on the individuals who changed their lives or are able to keep surviving due to bitcoin income, I imagine they would be in serious financial conditions if bitcoin didn't exist. They may not represent a lot in percentage when compared to the whole world's population, but the impact does exist on the individual sphere and also for every other professionals and businessmen who supply products and services to these adopters, since they raise their profit through these individuals who embraced bitcoin.
That's what it will look like if there's no bitcoin that everyone has found. But because of bitcoin, look at the financial situation of many that have discovered and believed on bitcoin.

The majority who has held for so long have became at that stage of their lives that they're financial independent already and is about to be financially free or most likely are already financial free.

It's such a great thing that everyone has found bitcoin while the doubters are still doubting it and never experienced the great things that they should have experienced too that we have had with it.
sr. member
Activity: 672
Merit: 416
stead.builders
Things would have gone so wrong and badly to the extent that there may be unrest everywhere with the handling of our financial lives with centralized authorities, government wouldn't have wanted this happen but it has existed in such a way that bitcoin came unsuspected and unexpected to them and the whole network of blockchain is a technology that is fully decentralized and no manipulations can be passed through it, bitcoin have made alot of people gain back their freedom and make live worth living being profitable and has renders alot of opportunities that has help to improve livelihood in general.
newbie
Activity: 1
Merit: 0
Hi there!

In my opinion, if Satoshi Nakamoto had not created Bitcoin, we would now think that we are not capable of everything. Bitcoin proved that the world order can be challenged, and during its early days it did.

Regards!
hero member
Activity: 1064
Merit: 501
It's a good thing to be among those that know about bitcoin existence. Had it been bitcoin didn't exist, I don't know what the world will be like for those that are looking for financial freedom. Am happy to be among those that have benefited from bitcoin exposure to riches. Times are hard in society and bitcoin has been a good help to us that have bitcoin as a store of their assets
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