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Topic: If cryptocurrencies disappear - how will your life change ? - page 9. (Read 1718 times)

legendary
Activity: 3752
Merit: 1864
I'll elaborate a bit , or expand on my topic - I'm interested in how deeply cryptocurrencies have penetrated the population, and whether there are any critical processes in our lives that will be disrupted and create SIGNIFICANT problems for us everyday people.

So far, I can only identify significant problems for those who have a significant portion of their assets in the form of cryptocurrency savings/investments.
 
hero member
Activity: 2982
Merit: 790
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
I would say that i would be fucked up. Why? Most of my earnings and supporting my living now is really that because of crypto and if ever that disappears then i would really be going back to square one.
This is why i cant imagine myself if ever this one happens but generally, its not really that recommended that you should really be that making yourself that having your day job and wont really be that totally
depending on crypto but if you do found yourself that self sustaining on crypto space then going full time wont really be that a bad idea yet this is what im doing now. So what if this market would be gone?
Then pretty sure there would really be those people who would really be that affected into their life conditions.

So as much as possible on the time that you are earning money on crypto then you should really be thinking off for another source of income whether on crypto or in typical businesses
that we do know. As long it could give out that income source then it would be always the best option. Although it wont really be that simple as it sounds yet you would really be still
needing to face up different challenges and risks on which it would really be something typical.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
It would be bad because I have my investments in some casinos and that would be a loss from my side.

But most importantly, this forum would cease to exist, which has been a part of the last 8years of my daily routine. Obviously this is a fictional scenario at present, who knows what might actually happen in the coming future. Nobody predicted a pandemic, a war to happen, but they did.

Lets not become pessimistic now and continue to accumulate bitcoin.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
I put 30% of my assets on cryptocurrency. It will surely hits me hard if cryptocurrency disappear in an instant but I can live without it since I do have job and business that can generate profit that can cover all my losses in crypto in due time.

We can live with or without crypto but it will give us a little bit of inconvenience once they disappear since fiat and banking system sucks while crypto allows us to invest and store wealth without being monitored on our every move.
newbie
Activity: 24
Merit: 1
If tomorrow suddenly cryptocurrency disappear, cease to exist. it would be a disaster for me because I would lost most of my savings as I pretty much diversifying the majority of my money in coins and tokens.

But, if cryptocurrency never exist, I will go to stock markets, but unfortunately, I was into crypto first than I learn about stock after I understand what investment is through cryptocurrency, in this case I might not learn about stocks at all. In that case, I might go to forex since one of my close friends into it.
hero member
Activity: 616
Merit: 713
casinosblockchain.io
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
There would be no changes just that I would feel very bad for not converting all my asset to fiat before such thing happens, or if there were any means to inform everyone hold any kind of coin to convert before such action took place then fine.

There will be nothing to lose or panic about, just that after that moment we could feel so sad that something very important left us because bitcoin and cryptocurrency is now part of us and something we love using for payment and any other transactional methods.

The truth be told, I would be like someone losing a very important person in the family or a closest but after 1-4 years we totally forgotten about that person and their presence, just that we would be reflected by their legacies and remarkable things they had done out there for us.
legendary
Activity: 3752
Merit: 1864
If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?
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