Topic: If cryptocurrencies disappear - how will your life change ? - page 6. (Read 1942 times)

Cryptocurrency is not part of our lives so we are going to miss it alot or rather i will miss it so much if suddenly everything about cryptocurrency disappears. Sincerely speaking it will have an effect on my life financially because because i have accumulated quite a lot but if i was able to withdraw them then i wouldn’t be in so much loss but it will be painful to see bitcoin leave us. It will be difficult at the beginning but people will get used to it with time and most people who lose money will soon forget about it and recover the loss after some time.

For most people cryptocurrency is their go to means for survival and if we are to experience this unrealistic situation of cryptocurrency disappearance then i can only imagine how deep if will affect such people, it will be as though food was taken from their hands and for some time i can imagine how difficult things will be for them. I know some few who are into cryptocurrency and doesn’t really have another means and their entire family have lived from what they earn in cryptocurrency so let’s just not assume such because a lot of lives will be affected directly or indirectly.

I mean we all would lose a lot of money, every single dime I saved so far would be gone, but the reality is that I used it well enough to pay for so many stuff so far, with my profit and income, so I would still be happy, I would say that was a good period of my life and I will try to find something else.

If crypto started to not exist today, my life would get worse, and by that I mean like REALLY worse, for a while, but then eventually I am sure it will recover, after all I can't be unemployed forever, it will get better with time, and I think it is going to get a little bit better with time and I will do fine, it is going to be something to do and I will probably find something that's greater and not going to have much issues.

Everyone here feels the same way. It may be hard at first, most particularly for those who have made crypto as their only hustle. But eventually, when a new innovation will be introduced, that is more advanced compared to crypto, I guess that’s when we realized why crypto has disappeared. And that’s a good realization also that we should have a stable job or a reliable source of investment so that if things like crypto will disappear soon, we will never be too much affected with that.

There is no permanent in this world, but hopefully, I will see the peak of Cryptocurrency in my lifetime. If cryptocurrency disappears in my lifetime, I still have all my skills, and we have a small business to turn to, but I will miss everything I've been doing for the past 8 years here in Cryptocurrency.

The cryptocurrency market and community have never been so excited as today; on airdrops alone, tens of millions of people are joining, and the market reached an unprecedented 2 trillion.

Well, things may disappear to welcome something new. That may also happen to crypto as well, and we're completely aware with that. But if ever it'll happen soon, I would be sad of course, and I think everyone does most especially if you have been dealing in the crypto market for long. However, if the new replacement will bring better opportunities for us, then I would widely welcome it and accept that crypto is no longer around.

I have a strong feeling that cryptocurrency is here to stay. From my experience with the global economy, when a market shows signs of corruption, they don’t typically eliminate it; instead, they work to regulate it. With over $30 billion in trading volume, jobs, businesses, and tax contributions tied to this market, economists in first-world countries likely view it differently than some might expect.

Cryptocurrency have become a part of the life of so many people in the world and it's making the business transactions of so many business owners to run smoothly on a daily basis. If crypto mistakenly crash today, it's going to cause a big set back to some people because there are some persons that have more than 70% of their asset in crypto and if any happens to Bitcoin, it's going to be a setback to them.

I would be quite sad because it’s been such a hugely important part of my life for so long. I’d have to find something else to do with my time. I assume in this hypothetical scenario I would be able to sell my assets first. If that was possible it would still be terrible but I could maybe relocate into stocks or real estate.

The immediate impact of this scenario is the loss of value of assets owned by all holders including bitcoin. Since some of these people's investments are in bitcoin rather than real assets, I think the average of them would be pretty sorry for themselves for that.

However, a scenario like this seems unrealistic now because Bitcoin has so far increasingly won the hearts of the community and the government. Increasing adoption and friendly regulations make this industry stronger and likely to survive longer.

Let's be honest, none of us want this scenario to actually happen. The crypto apocalypse is not expected when this industry continues to grow and develop and more and more people receive its benefits. Always think positively regardless of the risks that need to be considered.

Pretty sure that cryptocurrency earnings is realy that one of our main sources of income or extra money that we do have today on which there would really be those times or conditions that you are really that
earning even more than in compared with your day job on which there are individuals whom had decided that they do go full time and leave out their typical day job. On the moment that crypto would really be gone
then it would really be surely affecting them so bad since this is where they do get their main source of income. This is why with this kind of question then it would really be depending on a certain persons conditions
whether they are really relying with crypto profits or they do have other jobs online or offline that they could be able to sustain if ever it would happen?

This would really be that situational and something that would really be understandable on this case on which we know that on the moment or time that you do find yourself being dependent on crypto earnings
then such change would really be definitely be that making a huge impact into your life. This is why it would really be that recommended that as much as possible you should really be making those
diversification on other things or simply with other businesses or investment so that on the time that shit things happen then you do always have that back up.

Although it is very unlikely to happen in the near future, because of course if everything related to crypto disappears there must be signs, there is a process that cannot just happen.

However, if for example crypto disappears tomorrow morning, of course the first thing I experience is, I regret it. why didn't I sell it. Besides that, just surrender and start living as usual, because basically I don't invest all my wealth in crypto, only half of the wealth I invest.

So even if tomorrow morning there is no more crypto, of course I lose but it won't hit me or affect my life. because I still have half my wealth from savings and have several plots of land as assets to continue a new life. That is why it is very important for us if we have a lot of money or a little, don't invest in just one investment. Allocate your wealth in various investments including savings or emergency funds. This is to minimize incidents like what OP said.

The life will surely become bored again, bitcoin makes us more exciting everytime we see its price rise, it is a part of our daily life now to checks its price together with the altcoins in our portfolio so i think we cannot say that nothing will be change when crypto will disappear specially when we already earn on it.

Lol, count me in too, I can talk about how for the past 10+ years I never held an office job and been making my money in the crypto world, and I lived through some of the biggest parts, the famous 2014 increase, the 2017 peak at 20k, the 2018 crash, the famous 2021 increase, the famous 2022 bear, and now, and I had all the other stuff, the ICO period, the IEO period, the NFT's, the metaverse ideas, the kitties, all the decentralized exchange hypes, and the memecoisn that got sudden attention because of some car manufacturer, which is insane when you say it like that but it is also true.

All this results with the fact that we have been here long enough to know that crypto will not be gone, not like that, it would take years, even if anything happens to bitcoin, crypto as a whole will stay for a much longer time and will continue to exist. We need to make sure that we know how to keep it alive as well so that we do not do anything to put it on any risks.

At this point in my life, nothing will change because I don't work in crypto company. I work in a bank that uses fiat but there was a time when crypto was a major driving force of my life. If cryptocurrencies cease to exist, a significant portion of my lifesaving will be gone but that won't make me depressed long-term, I'll only feel depressed short-term but that will give me motivation.
Btw I have to admit that it will be very hard for me to buy certain services, for example, PlayStation gift cards. I won't be able to pay on websites that accept Bitcoin but reject visa-master cards from 3rd world countries.

People who work in crypto companies will be left without a job, which will be a shock for many employees who depend on monthly paychecks or have no other alternative besides crypto.

Currently, crypto is still one of my sources of income. So, if it disappears, then my sources of income will decrease, and it might affect my economic situation for some time. However, sooner or later, we have to adapt to it and start looking for other sources of income. In fact, currently, I am still trying to find and build an online business that can generate a lot of money. Unfortunately, until now there are no signs of it succeeding.

There are some models that are going to be impossible because it's like saying Crypto would vanish from existence is as good as saYung fiat might not exists tomorrow and how banks move on with their life as there wouldn't be anything to bank on again. It's impossible because that model will fail and fail again. Crypto will stay and such assumptions would have occur from the beginning and not now that things has spread everywhere.

However, if things are to go back the way it were before 2009, my life will be strictly my career, I will focus on that aspect and put all my energy there. Thats the only way I can survive because I have invested much of my life in crypto that I might not even know the next if cryptocurrency failed to exist one day and I might not be coming online again because that's what brings me onto the internet most often, don't have time for social media lifestyle.

Maybe I'm one of the people here who won't be too affected if cryptocurrencies disappear. Because so far I have only invested in crypto, not much more than I have invested in other instruments. But even though I said it wouldn't have much of an effect. But that doesn't mean it doesn't have an effect. because now I am used to spending more time studying crypto in my free time and every holiday from work. Even analyzing the crypto market has become a habit for me now. Even though I don't trade much, I still like knowing which way the market will move. So it would be quite boring if cryptocurrency disappeared. And even my finances might also be slightly affected. because I have to change some of my future plans. Because I have included bitcoin in my future plans. And if it wasn't there then I'd be a little confused.

Cryptos only became a thing after 2013
Internet was ready and available for nearly everyone after the 90s!
Humanity has gone to space, and made computers, vaccines, supersonic airplanes, nuclear reactors, and submarines without any of them, the stock market has existed more without the internet than with it, credit cards preceded the internet too.

Crypto disappearing tomorrow is not such a big deal for the entire world, millions would be indeed affected but overall it's just a drop in the bucket, and the world won't end.

It can affect us to the fact that one of our basket is gone and for sure we provably lose a lot of money from disappearance of crypto. But for sure people will find way to find an alternative methods to find money since for sure we will never stop just because of that reasons.

For sure there would be new opportunity to introduce or we will find since we will never go this far if we are not resourceful.

But this incident is far to happen. Technology is evolving and for sure with this cryptocurrency usage will be notice. Government will find how useful the cryptocurrency is and with that we might see crypto became more successful for more upcoming years.

It seems to me that if we consider the disappearance of all cryptocurrencies, then in our time, when technologies are developing so that we do not have time to follow them, something new will appear that can somehow replace them. What role will the disappearance play for me? If we take away the material damage, then nothing else. Now I use crypto only as a way of investing or a deposit in games. Therefore, of course, it would be unpleasant to lose, but I do not see a big tragedy in the disappearance.