Topic: If cryptocurrencies disappear - how will your life change ? - page 3. (Read 1942 times)

Totally a huge blow specially into those huge investors or whales who holds up multi millions of dollars in value with their asset or coins in crypto on which if it would be suddenly turns out to be zero then that would really be giving out that huge impact on which there might be those people who might be ending up on committing suicide just because they cant be able to take up on the things that happened.

In talking about adjustment then if it turns out that this market would be gone then pretty sure that there would be an another one which is new that comes out but just like on what most people been saying on here is that on the time or moment that this do happens then it will really be giving out that huge impact into those people who have heavily invested into crypto space. This is why it would really be that
recommended that you do always have a back up plan or save up money just incase if things turns out to be shit.

If cryptocurrency disappears it's a huge blow to the investors, to the society especially the ones that have come a long way in the community and how will it change a life? Definitely to everything there's a tendency to change at any point in time so it'll definitely affect alots of lives.
But to be realistic about everything right now I think where I'll be upset is not being able to withdraw all my assets and investment from it on time before it's disappearance because it'll be a huge loss to me and other investors too but with time everyone will tend to live with the fact that it came and it's all gone.
But on a norms anything that has come to stay can disappear, before now we make use of cowries and coins as exchange and with time as technology became vast other currencies came into existence and so is cryptocurrency and they've all stayed regardless of anything so I ain't scared of it's disappearance any moment.

If crypto disappears from the market and its impact on the lives we live, even though I don't invest too much in it, it will affect the income I have earned so far, and that is something that is feared in the crypto world, if it suddenly disappears it will affect a number of people who invest in it.

I am not heavily invested to cryptocurrency, so whether crypto will cease to exist or not, it does not affect me that much.  I believe those who are heavily invested will be devastated especially those who sells all their properties and asset and invest it to cryptocurrency.  Companies who are also heavily invested in cryptocurrency will go bankrupt unless they had designed a fail-safe strategy to cope up with the situation.

Despite that I believe even with cryptocurrency disappearing, there will be an alternative means of financial investment that will help people recover their losses.

In as much as we are becoming addicted to some technology that seems we can't live without certain technology such as the Internet, Smartphones and now the digital coins called Bitcoin and cryptocurrency, but one very nature of humans is that man must survive, so if cryptocurrencies stops to exist, no one will die rather other ways will showcase.

But the fact is that this scenario might never happen again in our lifetime at this stage of cryptocurrency existential, cryptocurrency has come to stay Instead ,we will continue to see a rising adoption as time progresses.

If cryptocurrency disappeared today, I'm going to snap my fingers like Thanos and make things go back to like the way they were but I will make some modifications and I will allocate a million supply to my wallet address and make the world continue their thing as usual. I will also temper with inflation a little bit so it will interest people to buy Bitcoin as hedge, this will drive the demand more I will really wish this is possible.

To be honest, I will miss this life because crypto is now part of my life, it has given me a reason to live and believe, a reason not associate outside world too much because been online makes give me another world entirely but it is what it is, the world will move on but I'm very sure that another person will create something more better than what we are having now.

I will be definitely affected by it in several ways, the first hit I will feel will be economic of course, while I am not holding a massive amount of bitcoin or anything like that, knowing I have some extra money invested in this market and knowing I can use it if needed gives me a sense of security, another aspect that will really affect me is that I will lose one of the activities I dedicated my time, since I have become involved in bitcoin, I am sure I have spent most of my free time reading and informing myself about this market, so if it disappeared I will have a lot of free time that I will need to fill with other activities.

Its a normal human survival instinct on which on the moment that they have lost something then they would be finding for another way or things on which its normal because we are really that thriving for us to live or survive.
If ever cryptocurrency world would be gone and its their main source of income or really that playing a big part of their way of living then there's nothing we can do if it would be gone. Surely it will really be giving out that effect which it could be devastating but there's nothing we can do but to move on rather than on making yourself that become static then it would be wise that you should be finding for another source of income on where you could really be able to engage on, rather than on doing nothing at all.

Its a common approach or reaction to have because if you wont really be making up some move then you are just basically putting up yourself on a tough situation on which this is something that not recommended at all.
Just like on what other people said above that it is really that hard to believe on that this market would be gone on which considering on looking on how big it is then it is really that hard that it would vanish out in an instant.
What if conditions and thinking it out will really be sometimes that stressful and its better to make things this way rather than on having those assumptions. 

I agree that we are going to see a lot of people who will find some other way to continue their life, just like how we lived before crypto, we will find a way to live after crypto as well. That doesn't mean that we will all have great life, maybe we will have a horrible life, but it will be a life to live at the very least, we won't have any other choice.

For example, before crypto I worked in shifts and it was a horrible life and I wasn't really happy about it, but I did manage to get out of that thanks to crypto, if crypto goes away today, then I will probably find a similar job, that will pay not that good, and I will have a bad life but I will continue one way or another. Someone else could live a much better life, who knows.

Definitely majority will be affected here, because I think we all do at some point put a lot of our money in crypto and then hop in because this is going to be the future. And if by chance it has change, then all of our plans to get rich will fail and with that, we are back to zero. Nevertheless, as per my experience on the dot com bubble and then the financial collapse in 2008-2009, I think we can all survived. We will just have to reinvent ourselves again, evolved and look for ways to earn money. It could be that I can go back into corporate jobs, or do everything online like becoming a entrepreneur. People are resilient, specially if you have mouths to feed, sooner or later you will have to dig deeper and find a way to make money again.

Its not really that end of the world if crypto space would be gone but pretty sure that those Crypto OG's out there will really be having that huge loses or someone that having those huge portfolio that having on crypto
will really be having those kind of state. There are people who do make a living with crypto on which it will really be bringing out that kind of devastation on which this is something which could really happen. This is why
on the time or moment that this would happen then it will really be having that huge effect on which it could cause out that kind of devastation but of course just like you have said that people will really that still continue.
If there's something that ends then there would be a new thing that comes out and on the moment that people is wary about that then people would be jumping in. We are really that highly adaptive when it comes to changes on which if it do really shows up that it could potentially make out some money or could make out some income then we would really be diving into it or simply engage or making some involvement.

Its really that important that you should really be that versatile on different situations because theres no assurance that things could last up forever on which simply means that you should be
that prepared for whatever things could happen ahead but speaking about crypto space would be gone? It is really that somewhat too impossible for it to happen but well there's no assurance on what would happen in the future and this is why when you do make out investment with crypto then make it sure that you have just that put up something that you can only  afford to lose and never go all in because
just like been said that there's no assurance to this one.

Any new invention or creation is an opportunity, as I write, there are many businesses, trading and investment opportunities created by cryptocurrency, so many employers and employees depend on it. If it now happens to disappear as you called it, it's obvious that the bitter experience would be high in many quarters.

Even on this forum, many people are happy because there is something called cryptocurrency, to the point that I read that some families depend on the meagre amount earned here. If all these are gone, I am certain that many will feel it so badly, while others will feel it moderately as cryptocurrency has empowered millions of people, if not billions of people one way or another.

Talent people will not stop if Cryptocurrency end in the World. People will prefer any other platform like Amazon , Flipcart , Ebay and many other online platforms. The future will be different as we expected,So we should always ready for every type of situation and I think hard working people will not suffer in future and people who are useless people and always spend their time on useless things will suffer. But Cryptocurrency has bright future and In future most of people will buy food items by Cryptocurrency and cryptocurrency will be spread all over the World. Now ,USDT is famous all over the World and mostly people do transactions in USDT because that is safe cryptocurrency and In future more coins will get the position like USDT.

A large part of the entire world is dependent on Bitcoin as a cryptocurrency and their livelihood is mainly dependent on Bitcoin. So it is only natural that if the crypto currency world were to disappear suddenly, it would affect a large part of the world. Those who have invested millions of dollars on Bitcoin will go bankrupt and face economic disaster. Daily lifestyles will be greatly affected for those who make a living by trading Bitcoins.

The crypto market is a market where many people make a living. There are many jobs in the world and there are people who earn income from these jobs and make a living, crypto is an investment tool for some people and a job for others. If the situation mentioned happens, many people will be affected.

I don't think there will be such a situation with crypto. The crypto market has a very large impact in the world and this impact is increasing every day. As crypto continues to grow, the number of people interested in crypto, investing in it and earning their income is also increasing.

I don't think that the crypto sector, which has been in existence for a long time and has proven itself, will continue and that there will be no situation like this market ending.

well, it will indeed affect the life of someone who has been continuously in the crypto world. However, if many people think that this is a bad thing, then we need to prepare another business or job that can keep us stable when crypto disappears, even though it is very difficult.
I believe that crypto will continue to exist and grow. However, if crypto really disappears, it will probably affect most of the economy of people who focus on this field. so, when we think about that, then we need to push ourselves to create other businesses.

That is how each and everyone of us spends our bitcoin most of the time, what i was talking about is actually spending bitcoin itself, without converting it to fiat first.
I completely understand your point now, thanks for shedding more light on it. It is great to be able to hodl bitcoin through working and getting paid in it, rather than buying buying it with the salary from real life jobs, it affords one the opportunity to channel earnings from rl jobs to other investments and assets.

Well first thing, I will lose my job, I work on blockchain industry, and as freelance most of my client also from blockchain Industry. I will need to find a local job with low salary definitely. I don't have much portfolio on crypto but still I will lose some money. But the certain thing is I will get any job that I can, and I think there is also many people who will lose their job so the competition will be tight and fierce, I am not sure what will happened next, but surely I will be depressed for a few days.

Definitely it has a very bad impact in our lives, if crypto disappears as you said in a day then including me all crypto holders, investor etc loose their money and for me it is source of earning but not a primary source i have another sources of income like i do offline business so it do affect my life but i know many people who are earning from crypto and by this earning they are paying their bills , food expenses and other rental expenses so they will definitely will be in shock and will face financial problems in their life.

Lol, that's least of troubles, converting $BTC/crypto to fiat and then spending it works just fine.


I do have significant holdings in crypto assets, but I didn't invest a penny by working irl and then investing that crypto, so I find myself being detached from my holdings. I don't know why that is so, but that's how I feel about my crypto assets.