Topic: If Bitcoin is Adopted what happen to ilerate population(stone age people) - page 6. (Read 20672 times)
October 01, 2018, 02:02:32 AM
When bitcoin is adopted, it does not just go hundred percent and every alternative means of payment goes obsolete. No. There are always phases of implementation to ensure a large percentage of the population are on board with such development and if its coming from government, several workshops, enlightenment, trainings, campaigns are carried out to ensure that huge percentage are carried along. Its just going to be the period of smart phones, it does not mean that the java phones are no longer working but its a gradual one that the illiterates who could not use a smart phone were developed in their own pace to now use it for basic function.
October 01, 2018, 12:29:00 AM
Even if bitcoins are adapted that does not mean that the Fiat currencies will be disappeared. Peoples who have less intrest into the digital world may yet go for the centralisef currencies.
But i guess that the majority of peoples will learn about bitcoin if they are adopted by yhe society.
But i guess that the majority of peoples will learn about bitcoin if they are adopted by yhe society.
October 01, 2018, 12:27:52 AM
Technology will be the answer for this problem too, because people will innovate and come up with "One touch" solutions to help these people. I have seen systems being used by pensioners and uneducated people, where social grants has been paid out to them and deposited onto smart cards.
They simply give their card to merchants and the merchants deduct the value of the purchase from their balance. People always find ways to survive, even if they have to ask a educated friend or a family member to help them.
They simply give their card to merchants and the merchants deduct the value of the purchase from their balance. People always find ways to survive, even if they have to ask a educated friend or a family member to help them.
October 01, 2018, 12:13:51 AM
this is not a bitcoin related question. in fact it has nothing to do with bitcoin, it is the same with any other technology when it comes to certain people that OP is talking about in here. they aren't that many and they don't change for any technology whatsoever. for example you don't see them using cell phones because they are "too advanced" for them. so you can change the word "bitcoin" in OP's question with anything else and then focus the discussion there. which is out of the scope of this forum since that would be a Anthropology discussion.
September 30, 2018, 11:59:41 AM
i can tell you everyone wil be taught how to use and transact with it. whether you are old or young, it dosent matter once you can read, write or operate a device, you will learn to use it and cope well with it.
September 30, 2018, 11:36:40 AM
Its obvious that the level of literacy is increasing at a faster rate , every individuals want to be educated at least to know how to read and write invariably the stone age era is gradually winding up while the jet age would be in total control hence the issue of adopting bitcoin will be taken care of I don't think there is any course for alarm.
September 30, 2018, 10:35:51 AM
I guess this very problem is what is preventing bitcoin and cryptocurrency generally from being adopted or adapted because there are still some people and countries who are very low in science and technology. As the idea of cryptocurrency and it's adoption will be a very huge problem as there are unsolved problem of low internet connection and even electricity!
September 30, 2018, 10:26:06 AM
Of course, there are more developed countries in the world and those that lag behind in development. It always has been and probably is unlikely to change. Even now, in some countries are actively using digital currencies, and in some of this little is known. Therefore, the so-called people of the stone age just continue to live their normal lives, while others will keep up with the times.
September 30, 2018, 10:08:56 AM
Bitcoin, been adopted to that extent is not possible, like it will never replace a fiat of any particular country. The population who is not literate won't face any problem with adoption of crypto. Adoption would only mean it will not be illegal and without any restriction, we can trade it with cryptos and fiat as well. Maybe a tax will be imposed. The government may come up with their own cryptocurrency, but even then physical currency being completely vanished from the society is way too far to experience.
September 30, 2018, 10:04:18 AM
Indeed, it would be very difficult if someone did not know about the Digital era, there needs to be a socialization from someone who can introduce digital technology today.
Cryptocurrency is very dependent on technology today, because there the technology of all activities to easy.
I think it will be very difficult of develop against Bitcoin, if there are still many stone age.
Cryptocurrency is very dependent on technology today, because there the technology of all activities to easy.
I think it will be very difficult of develop against Bitcoin, if there are still many stone age.
September 30, 2018, 09:42:01 AM
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.
This will takes time before we can see a mass adoption of bitcoin as this will encounter a series of transaction failures if many people will transact at the same time. Also it's difficult to eliminate the fiat worldwide as we have many countries that has against cryptocurrency. 
September 30, 2018, 09:18:20 AM
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.
Operating bitcoin is very simple and I think this is the most probable reason why bitcoin is able to provide employment to millions of people around the world as any person can operate bitcoin who simply has the knowledge of internet and I think in this modernised world, everyone has achieve of internet and for the complete illiterate ones, the awareness is the biggest influence as they could be educated about the internet and bitcoin and this will be the happiest moment of bitcoin will be adopted world wide. 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.
September 25, 2018, 09:12:11 PM
They will learn to adopt the technology step by step just like before imagine when there is no fiat currency when the time they only do trading of foods and their things in life but time passed by everyone learn to use money.
September 25, 2018, 09:00:47 PM
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.
You see, people will re-invent themselves when money matters is at hand irrespective of their class and status in life. Literacy will never dictate the course of currency growth, and that includes turning digital. People will always adapt.
In fact, in many places all over the world, governments and charitable organizations started handing out ATMs to many indigent communities to secure their monthly social allowances. And this has been effective so far. So i am sure that should currency transform to digital form, illiterate members of the community will adapt well.
As banks have ATMs, Bitcoin (along with some top altcoins) does too. And the rest of atlcoins will surely follow suit. And this ease of access is already familiar to the community members you cited.
September 25, 2018, 07:06:21 PM
Well, there are people in Africa who actually uses internet and probably knows how to use bitcoin. And getting to know bitcoin won't really take a long time. You just need someone to explain everything to you. Even though there is a chance that bitcoin can be used widely in the future, non digital currency will surely exist. You can't remove the real currency in the map.
September 25, 2018, 06:59:33 PM
It's funny how you automatically think that only due to the fact that someone attended school they will be able to understand and like Bitcoin.
The truth is, that even when your point of view is respected it is not really accurate. The word educated could be used in so many ways and probably most of them could be accurate. It doesn't necessarily means passing through a school, it is not the ticket to enlightenment.
It's precisely the people who research by themselves, with or without attending school and the ones who have open mind those who can really understand the current and future potential of Bitcoin and the Blockchain technology as a whole.
Precisely, planting an innovation spirit into society will do wonders towards that goal. Innovation in everything, including of course official education.
The truth is, that even when your point of view is respected it is not really accurate. The word educated could be used in so many ways and probably most of them could be accurate. It doesn't necessarily means passing through a school, it is not the ticket to enlightenment.
It's precisely the people who research by themselves, with or without attending school and the ones who have open mind those who can really understand the current and future potential of Bitcoin and the Blockchain technology as a whole.
Precisely, planting an innovation spirit into society will do wonders towards that goal. Innovation in everything, including of course official education.
September 25, 2018, 06:55:49 PM
I don't think it's something to worry about. Because if they have to pay with bitcoin, they will find a way for that.
Also, I am sure many companies will provide some tools to make that easier for them.
Also, I am sure many companies will provide some tools to make that easier for them.
September 25, 2018, 06:49:30 PM
It's really not only something that is limited to just bitcoin.
It's pretty much going to affect any notion of of a cashless society where these people may be left behind.
In my opinion, it's not really that big of a concern since we've seen extremely fast innovation in terms of the accessibility features of bitcoin wallets, while maintaining control over the private keys, which means that essentially wallets will be less and less technical to use. Besides, digital literacy has been on the rise and will continue to be so. So while it is a problem, it can be easily addressed. Just look at China and their WeChat pay, even older generations are using it because of the ease of use. I imagine bitcoin to be no more problematic in terms of adoption of these populations than that.
It's pretty much going to affect any notion of of a cashless society where these people may be left behind.
In my opinion, it's not really that big of a concern since we've seen extremely fast innovation in terms of the accessibility features of bitcoin wallets, while maintaining control over the private keys, which means that essentially wallets will be less and less technical to use. Besides, digital literacy has been on the rise and will continue to be so. So while it is a problem, it can be easily addressed. Just look at China and their WeChat pay, even older generations are using it because of the ease of use. I imagine bitcoin to be no more problematic in terms of adoption of these populations than that.
September 25, 2018, 04:49:52 PM
Bitcoin is digital currency revolutionalizing the finance Industry which many predict to be the currency of the future.
We live in globe village that comprises of the educated and the uneducated(stone age ) .The educated have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the uneducated have not been able 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 unforseen challenges.
Deliberations and ideas are welcome
We all know that bitcoin is the most successful and the most popular crypto currency among all and there are millions of people who are investing into bitcoin and being benefited by its potential and inspite of all this there are other huge part of population who is completely unaware about the bitcoin and specially the illerate one and the areas where there is no reach of internet so for them we need to aware them about the bitcoin and tell them the potential and the future with bitcoin.We live in globe village that comprises of the educated and the uneducated(stone age ) .The educated have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the uneducated have not been able 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 unforseen challenges.
Deliberations and ideas are welcome
September 20, 2018, 12:30:25 AM
Bitcoin is digital currency revolutionalizing the finance Industry which many predict to be the currency of the future.
We live in globe village that comprises of the educated and the uneducated(stone age ) .The educated have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the uneducated have not been able 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 unforseen challenges.
Deliberations and ideas are welcome
We all know that bitcoin is the most successful and the most popular crypto currency among all and there are millions of people who are investing into bitcoin and being benefited by its potential and inspite of all this there are other huge part of population who is completely unaware about the bitcoin and specially the illerate one and the areas where there is no reach of internet so for them we need to aware them about the bitcoin and tell them the potential and the future with bitcoin. We live in globe village that comprises of the educated and the uneducated(stone age ) .The educated have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the uneducated have not been able 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 unforseen challenges.
Deliberations and ideas are welcome
Jump to: