Topic: If Bitcoin is Adopted what happen to ilerate population(stone age people) - page 2. (Read 20672 times)
February 20, 2019, 12:48:55 PM
a phone is also an invention an if it is necessary then people will adopt this kind of invention, and ofcourse not all the time this kind of invention is not applicable the everyday living of a illiterate people. And maybe if this industry will be 100% adapted then those illiterate people are no longer exist.
February 20, 2019, 12:41:31 PM
This thread is a good one and still questionning my mind.
There are more people who dont know what is ATM? there are some who knows how to use ATM though they are just average!
in Cryptocurrency! we can't take this easy nor fast there are not just some but more people out there that just not to know how it woks but no idea!
There are more people who dont know what is ATM? there are some who knows how to use ATM though they are just average!
in Cryptocurrency! we can't take this easy nor fast there are not just some but more people out there that just not to know how it woks but no idea!
February 20, 2019, 12:06:48 PM
Now if you take a survey about the usage of currency among illiterate, one can confirm the cent percent usage of fiat currency by them. It has happened through a long term process, with cryptocurrency too we require lot of time to make them learn and make use of it.
But most of the illeterate can use the fiat currency in digital form right? so why they can't be able to use the digital currencies.Maybe currently it is not convenient to use by everyone but when ut becomes the payment mode surely we will have lot of tools to make the cryptos to payable easily for everyone.
February 20, 2019, 11:59:14 AM
Nothing will happen to them because fiat currency will always be a valid means of exchange. The moment we start looking forward to a time when cryptocurrencies will completely make fiat an outcast, the more we appear to be extremist. In the world we live in, I believe that the so called illiterates make up the majority of the population. Trying to take them out of the equation will mean that we're counting them off from life. The bottom line is that it will be a matter of choice what each person seeks to use for exchange of goods and services. If one does not understand cryptocurrencies, fiat will always be there.
February 20, 2019, 08:34:59 AM
I don't think there will be any policy that will compelled everyone to make use of Bitcoin and crypto currency in general. And it all depends on what you meant by not educated because there are not educated but still there can operate their phones and not only that, Bitcoin or crypto currency in general can't and will not be the only currency in the world.
February 20, 2019, 07:50:07 AM
First of all i assume you are referring to the word “illiterate” and not “ilerate” you should consider editing that,
Secondly, i really don't see any point in this topic as of now, why, presently only a very tiny % of words population are into crypto, the other larger % consist of both the literate and the illiterate, among the literate one's, many has not yet accept the concept of blockchain nor want to have anything to do with it,
i don't think the focus should be on the illiterate one's rather it should be on the larger % of literate who are yet to welcome blockchain and crypto.
Secondly, i really don't see any point in this topic as of now, why, presently only a very tiny % of words population are into crypto, the other larger % consist of both the literate and the illiterate, among the literate one's, many has not yet accept the concept of blockchain nor want to have anything to do with it,
i don't think the focus should be on the illiterate one's rather it should be on the larger % of literate who are yet to welcome blockchain and crypto.
February 20, 2019, 07:48:23 AM
I guess fiat would have to be here until stone age people are no more. I don't think they would be forced to learn Bitcoin, so we would have two systems. Or Bitcoin would be kind of simplified and all people would have to learn how to use it. We would find a compromise anyway, they can't be left out from the system.
I think the process of digitizing finance for many people will require a long and periodic time. fiat won't disappear at any time anyway. and illiterate people will get to know technology more and more as time goes by, it's just about time actually 
February 20, 2019, 07:29:18 AM
I think they will left behind for a bit but they will cope up with it. For me, I don't think that we need Bitcoin to replace fiat currency. I think its better if we use Bitcoin as an ALTERNATIVE payment system aside from using fiat money.
Teaching Bitcoin to illiterate people will be hard because this is more complex compare to fiat. It needs more components than fiat.
Teaching Bitcoin to illiterate people will be hard because this is more complex compare to fiat. It needs more components than fiat.
February 19, 2019, 05:46:37 PM
if bitcoin is adopted, the illetrate populations will somehow manage to adjust and get use to the new system. I know it is always challenging but then remember when internet newly came in, it was a challenge to so many people in the stone age but gradually everyone had to fit in somehow and that is what will happen if bitcoin is adopted fully
Exactly.Once bitcoin is fully adopted,i think the government will also make some information dissemination to all the people particularly those who are illiterate ones.They have no choice but to adjust to the new technology we have right now.If they have surpass the usage of internet before,i'm sure they will surely learn how to use bitcoin right now.Besides it is really impractical, it is better that such people still use some form of money that has physical form and in this case gold and silver could be perfect candidates to be used by people like that.
February 14, 2019, 06:25:16 PM
if bitcoin is adopted, the illetrate populations will somehow manage to adjust and get use to the new system. I know it is always challenging but then remember when internet newly came in, it was a challenge to so many people in the stone age but gradually everyone had to fit in somehow and that is what will happen if bitcoin is adopted fully
Exactly.Once bitcoin is fully adopted,i think the government will also make some information dissemination to all the people particularly those who are illiterate ones.They have no choice but to adjust to the new technology we have right now.If they have surpass the usage of internet before,i'm sure they will surely learn how to use bitcoin right now. February 14, 2019, 05:59:34 PM
if bitcoin is adopted, the illetrate populations will somehow manage to adjust and get use to the new system. I know it is always challenging but then remember when internet newly came in, it was a challenge to so many people in the stone age but gradually everyone had to fit in somehow and that is what will happen if bitcoin is adopted fully
February 12, 2019, 01:51:02 PM
Bitcoin is digital currency revolutionizing the finance Industry which many predict to be the currency of the future.
We live in global village that comprises of the educated ( Digital age) and the uneducated(stone age ) .the stone age is the era of the early men who are still alive and also practicing old cultural ways passing it from generation till date ,they have not been privileged to read and write .
The Digital age have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the stone age have not been able to reap this benefit Bitcoin have to offer due to their poor background in education . Let's take a proper example in the Africa continent we have more than 50% who where not eligible to go to school due to lack of funding and infrastructures within their territory.
The worst senero is that they can't read or write which makes it difficult for them to operate the internet since Bitcoin transactions are done on the on internet.they prefer to use the traditional paper currency they feel it is comfortable for them.
This is the major reason why Bitcoin and other cryptocurrency is yet to be adopted by the masses.
How can these set of population be carry along to use the Bitcoin as mode of financial transaction if Bitcoin is the said "future currency"?
There is no project on the crypto space to address this unforeseen challenges.
Deliberations and ideas are welcome on how the group of personal can be integrated in the system.
We live in global village that comprises of the educated ( Digital age) and the uneducated(stone age ) .the stone age is the era of the early men who are still alive and also practicing old cultural ways passing it from generation till date ,they have not been privileged to read and write .
The Digital age have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the stone age have not been able to reap this benefit Bitcoin have to offer due to their poor background in education . Let's take a proper example in the Africa continent we have more than 50% who where not eligible to go to school due to lack of funding and infrastructures within their territory.
The worst senero is that they can't read or write which makes it difficult for them to operate the internet since Bitcoin transactions are done on the on internet.they prefer to use the traditional paper currency they feel it is comfortable for them.
This is the major reason why Bitcoin and other cryptocurrency is yet to be adopted by the masses.
How can these set of population be carry along to use the Bitcoin as mode of financial transaction if Bitcoin is the said "future currency"?
There is no project on the crypto space to address this unforeseen challenges.
Deliberations and ideas are welcome on how the group of personal can be integrated in the system.
I don't think we need to think too far about using crypto currencies in this area. There are still many things that need to be addressed in advance from their side, which are beyond the scope of crypto currencies, especially education issues which are their responsibility together with their local government. It is good if everyone in the world can benefit from cryptocurrency, but there will be some obstacles that cannot be solved alone and instantly.
February 12, 2019, 12:03:20 PM
The transition to the use of digital technologies and, in particular, cryptocurrency will be a matter of more than one generation. It is believed that a generation of people changes every twenty years. Cryptocurrency already exists for ten years, so I don’t think this is a big problem. However, the cryptocurrency will be introduced gradually and not everyone will eventually use it. It will go along with other types of currencies and part of the population of the planet will either not be able or will not want to use it and will use ordinary types of currencies. It will be their choice.
February 08, 2019, 03:38:38 PM
there is always a way for illetrate people to use any form of technology, though initially it may seem difficult but then after a while they will get use to it. Beside, bitcoin being adopted does not mean fiat will phase away completely. Those stone age people who can't use bitcoin for transaction can surely continue with fiat currency.
February 06, 2019, 12:40:18 PM
I think if bitcoin is adopted by the whole world and becomes a payment method, everyone will use bitcoin. We don't know in what year it will be done, in the next 20 years or the next 50 years, and I think for that time I thought there would be no more illiterate people, so people would be able to use bitcoin easily.
Technological advancements will support everything that is not possible, I believe that is true because not the literature must be understood as a reference. this also refers to the level of habit that continues to be carried out regularly.
most of the humans you mentioned will be able to absorb this in the future (not all), we can take the example of crypto barcode systems, etc. as an example.
February 06, 2019, 10:48:24 AM
I think if bitcoin is adopted by the whole world and becomes a payment method, everyone will use bitcoin. We don't know in what year it will be done, in the next 20 years or the next 50 years, and I think for that time I thought there would be no more illiterate people, so people would be able to use bitcoin easily.
February 06, 2019, 08:14:55 AM
Anyway, one needs time to achieve the most absolute progress and underachievers will always be. It's borne out of history more than one. The main thing is people, prepared for something new, should be able to explain advantages and teach the rest ones. It will take a lot of time to get rid of panic. And one day bitcoin will be an usual event for everybody.
February 06, 2019, 06:02:35 AM
I think there might be room for them to adjust nothing is permanent on earth and everyone and everything is prone to change though it may take sometime for them to adapt but they will
I think that's the reason for the slow spread of bitcoin, but I'm sure that the world will become more sophisticated as well as the people. the blind generation of technology will disappear, replaced by a generation of millennial people who understand technology, thats why need a process for the development of bitcoin February 06, 2019, 04:39:07 AM
If bitcoin is adopted widely and made a payment medium for exchange of goods and services.
The illiterates may fell defranchised at the initial stage of the development but will try to adjust their positions to Lear how to make transactions using bitcoin.
I also believe that there will be measures put in place by blockchain experts to make learning easy for these ones.
The illiterates may fell defranchised at the initial stage of the development but will try to adjust their positions to Lear how to make transactions using bitcoin.
I also believe that there will be measures put in place by blockchain experts to make learning easy for these ones.
February 05, 2019, 09:50:28 PM
If bitcoin is adopted everywhere. It should be optional not mandatory to use only bitcoin and any other digital currency. So illiterate peoples will use traditional currency and they will also increase their understanding regarding digital currency with time.
Are there illiterate people today? if there are still very few in number, if bitcoin is adopted by all countries the process might be slow, because some countries will certainly take several steps to provide a comprehensive understanding of their citizens, if this happens surely the state will provide some facilities for its citizens can use digital currencies, this only applies to countries that are still underdeveloped, so the adoption of bitcoin for all countries will definitely run very long.
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