If we are to start from beginning. - page 3.

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Quote from: jossiel on April 18, 2020, 06:19:23 PM

Quote from: Wenbing on April 18, 2020, 03:47:36 PM

I would like the supply of bitcoin to be higher then the finite 21million. I believe, this BS is very limited for the whole world and will be highly scarce.

I want it to remain as it is.

21 million is already a lot and if it would be higher then the value that it will have today is going to be lower. That doesn't matter if it's only 21 million because we can have it even in the smallest portion.

And that's making bitcoin more reliable and in-demand.

The supply is already higher than 21 million, have you ever asked your selves why they are 8 zeros after the point? That's why people need to see bitcoins from its basic unit called 'Satoshis', so, we don't have to worry about the amount of bitcoin.

imstillthebest

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if this covi pandemic is over that is also the time that people can start a new begining again .

start applying a job from those who lost thier job because companies drop them . starting a new lifestyle like healthy and safe living because they dont wanted to make the virus happen again ,etc . while for me , i think i will start to invest on cryptos since they are still cheap like where it was new and i wont commit same mistakes again that happen before because i know that the price will increase again .

Yamifoud

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We are too late to think about being prepared for the future because we are busy to our pleasure and not we care for the possible disaster, crisis or whatever it is that could ruin the global market. And if we are given a chance to roll back from the very beginning, one thing should have to change is of being greedy. This is the reason why we got into this trouble because of the greedy of power.

Quote from: Yourhomeboy on April 21, 2020, 08:20:56 AM

If we are to re start again from the beginning which seem very impossible, I will suggest we learn from what the pandemic is lecturing us about. That it knows no Color, whether black or white, it knows no continent. People have to stop the Racist thing and focus on being kind to humanity.

Discrimination and racist act have existed before we got life, so we can't make this act of inhumanity will stop.

Yourhomeboy

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If we are to re start again from the beginning which seem very impossible, I will suggest we learn from what the pandemic is lecturing us about. That it knows no Color, whether black or white, it knows no continent. People have to stop the Racist thing and focus on being kind to humanity.

ReiMomo

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It may never happen that the economy may restart due to the pandemic. If in case that this will happen and making BTC as one world currency then it will be an advantage to other countries. There will be no foreign exchange since the monetary value of BTC will be centralized. However, it may become a disadvantage to other countries especially to those whose currency has a higher value than it will become equal to all other countries.

20kevin20

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If possible, I would switch back to the gold standard and prevent anyone from having the power to print as much money as possible and from creating what we today know as Amazon, Apple or Microsoft. I'd prevent corporations from becoming the power they are today.

Bitcoin-wise, I'd probably just let it be. It can't be the world currency because any national currency still needs regulations and a bit of control, so I'd let Bitcoin just be whatever its destiny wants it to be.

kryptqnick

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Quote from: palle11 on April 18, 2020, 02:58:56 PM

I was thinking if the world has the opportunity to restart again as the covid-19 pandemic has "made" it to look like, that different people would have this thought going on in their head. If the economy would have to begin again from the start, what would you want it to be like?
Things you want to exclude or include especially with the economy in relation to bitcoin. Don't include move to regulate bitcoin because it is not going to work Grin

.

** I would like btc to continue pairing with USD. Grin

I don't think we can restart, and I don't think we have to. After all, if we're talking about restarting the whole economy of humanity, it would mean going back to when barter took place, and I guess things have been developing naturally, and we don't want to intervene in all that. What hasn't been great is the power of the few over many, massively unfair wealth distribution and the gap has been rising. Unfortunately, I am no brilliant economist to fix that. I guess John Rawls did, but it's not convincing to everyone apparently. As for Bitcoin, I would like it to be an option to actually use it as money in supermarkets or when you need to prove that you have finances (like for visa).

KrisAlex18

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If I would be given a chance to exclude things happen from the past is when the virus exists because there are so many people being affected from the virus when it spreads out all over the world, there are so many countries that are being affected and their economy goes down because of some things happened because of this virus.

If this would be possible, I won't hesitate to do that because it is really disaster

Quote from: samcrypto on April 18, 2020, 07:55:45 PM

Its better if we learn a lot from this situation and be better in the future. We cannot back time, its all be part of our wonderful memory but we can make a big difference in the future. Investor should start thinking the alternative investment and I know bitcoin is one of the best option, if you still think stocks wont dump that much, then you must be looking at the economy of your country. If I still have money, I will get more bitcoin and gold right now.

Well said mate, we have this now and we cannot change it anymore and we are just waiting for some cure that will be created. This pandemic virus should teach us something, actually this time is the best time for us to invest while the value of the bitcoin is still not that too high. You are lucky if you invest your money when the price of the bitcoin reaches for about $3900.

pakhitheboss

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Quote from: palle11 on April 18, 2020, 02:58:56 PM

I was thinking if the world has the opportunity to restart again as the covid-19 pandemic has "made" it to look like, that different people would have this thought going on in their head. If the economy would have to begin again from the start, what would you want it to be like?
Things you want to exclude or include especially with the economy in relation to bitcoin. Don't include move to regulate bitcoin because it is not going to work Grin

.

** I would like btc to continue pairing with USD. Grin

History tells that the world had numerous opportunities but mankind's greed and stupidity has led to this situation. We have to live with what we have and try to change or upgrade it to the betterment of every human being. It is a long and tedious task but, it is possible to achieve it.

Harycyx

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I am comfortable with the situation now. I am sure that the economy will return to normal. So I wouldn’t change anything.

Latviand

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Quote from: bgaf on April 19, 2020, 01:36:43 AM

What can I say, this covid19 really mess up all possible angle here. If econoy will ever stand up again, people now will know how useful cryptocurrencies are and especially on the case of bitcoin. With or without restoration OP, I think bitcoin will continue to be pair with USD(t) I think you forgot this. Cause pairing up with fiat seems a struggle for US citizens.

The most ideal to do is to buy more investment products such as bitcoin, stocks and other valuable indicator for boosting economic growth. Businesses are totally devastated and torned down. So in order to go back to its shape we must try to navigate it on a more stable way.

Its like time machine works out for the best but can never change the future.

Yes, I probably think that the outcome will be the same, just like what's happening now if we start again from the beginning. Bitcoin is volatile, the only factor is that when there's an event where the market is affected and the economy will have some changes. People will be the same and I know that if we restart, people will become more intelligent now and do things that they should do when they first try the cryptocurrencies.

It is really true that people will really become more intelligent in manipulating crypto after they learned their mistakes from the past if it happened that it really start again from the beginning. That will serves as the right time to correct their mistakes in their crypto career. Economic growth will surely be the priority of the people if that happens because many people will invest in a bitcoin and other altcoins that is famous enough in the market.

wingfield_crypto

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We do not know if the economy will start from 0 completely after this pandemic. This is a utopian scenario that nobody wants. But doing an imagination exercise, if I were to choose what a new world economy should look like, I would place a high price on the alternative integration of cryptocurrencies as a means of payment.

Quote from: Wenbing on April 18, 2020, 03:47:36 PM

I would like the supply of bitcoin to be higher then the finite 21million. I believe, this BS is very limited for the whole world and will be highly scarce.

There is no need to increase the BTC offer. There are enough tradable currencies. I think we should rather promote, bring promotional ideas that will make people aware of the usefulness of crypto in the 21st century.

LogitechMouse

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Quote from: Wenbing on April 18, 2020, 03:47:36 PM

I would like the supply of bitcoin to be higher then the finite 21million. I believe, this BS is very limited for the whole world and will be highly scarce.

Lesser supply and higher demand in the future means higher price as the law says Cheesy

. There is no need for the supply of Bitcoin to go higher and we can't do anything about it to change it. Some of the coins are gone already because some are inaccessible and some are just lost for some reasons.

One thing more is that 1 Bitcoin can be divided into 100,000,000 Satoshis so for me the total amount of Bitcoin is somewhat enough already for the world Cheesy

. There are other coins though so other people can use other coins too.

Maybe what I want is that more establishments will accept crypto and all of the governments will allow Bitcoin to be used in their country already (no regulation involved but just allow Cheesy

). Regarding their economy, just going back to business is enough for me.

carter34

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Quote from: jackg on April 18, 2020, 04:49:44 PM

I'd personally like to see less greed and an impact noticeability for people's actions, a lot of people not at the top aren't at the top because they can't handle their own funds an da lot of people near the top may have far too much influence over certain things people need...

I would wish for a more open system in countries and the world. I'm in line with your idea here, I think the real liberal people don't get to be in control or power maybe because of bourgeois politics that push the right people out. The few right people that are masses oriented can do just little individually and on the globe. This means high corruption everywhere and no jobs with poverty climbing daily. No more community leaving, things keep changing everyday and taking out the poor off support.

I wish that people that will be selfless are in power to think about the people generally and not just the goal of a few. They can also see the benefit of bitcoin and make the use popular. Shocked

Wexnident

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Quote from: Wenbing on April 18, 2020, 03:47:36 PM

I would like the supply of bitcoin to be higher then the finite 21million. I believe, this BS is very limited for the whole world and will be highly scarce.

Not really needed tbh. It's not like it's price is 1 is to 1. It can be divided to many parts and so. Do remember that 21 million is just a number. It can be freely divided so you can take it as actually 21 billion if divided by 1000.

I'd probably want those at the top to go down (or middle) and those at the bottom to meet them at the middle. Though I really know it's an impossibility since it's kind of like how 100% equality is impossible, I'd still like to see a world where the words those at the top (rich) and those at the bottom (poor) aren't used that much. Like how People only have minimal differences between their wealth, and the economy is growing at a peaceful rate together with the community.

maydna

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The world will restart to a new look after the pandemic ends because while we are staying at home, earth has to try to fix and solve the problem so far. Pollution has been reducing a lot because of the factory, company, the vehicle doesn't operate, and that makes the earth looks better. People will change too and will adapt to the current situations, and perhaps, we will keep clean after its end.

And I believe that the economy will restart too, but I think we can let it process itself and find its way. Perhaps, after this end, we will see something different than before, and who knows, the situations will be better.

davis196

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Quote from: palle11 on April 18, 2020, 02:58:56 PM

I was thinking if the world has the opportunity to restart again as the covid-19 pandemic has "made" it to look like, that different people would have this thought going on in their head. If the economy would have to begin again from the start, what would you want it to be like?
Things you want to exclude or include especially with the economy in relation to bitcoin. Don't include move to regulate bitcoin because it is not going to work Grin

.

** I would like btc to continue pairing with USD. Grin

I would like the US government debt to be reduced and the Federal reserve system to stop printing US dollars and stop pumping the financial markets and creating bubbles.This isn't a steady economic growth,this is like pumping a fitness athlete with steroids.It looks good at the beginning,but it has devastating results in the end.
In the cryptocurrency world,I would like 99% of the shitcoin/altcoins to disappear(especially the centralized Ripple). Grin

bgaf

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What can I say, this covid19 really mess up all possible angle here. If econoy will ever stand up again, people now will know how useful cryptocurrencies are and especially on the case of bitcoin. With or without restoration OP, I think bitcoin will continue to be pair with USD(t) I think you forgot this. Cause pairing up with fiat seems a struggle for US citizens.

The most ideal to do is to buy more investment products such as bitcoin, stocks and other valuable indicator for boosting economic growth. Businesses are totally devastated and torned down. So in order to go back to its shape we must try to navigate it on a more stable way.

Its like time machine works out for the best but can never change the future.

kezinaur14

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Quote from: Jating on April 18, 2020, 05:56:23 PM

We will definitely see a reset of world economy because of this pandemic. Of course, we want more recognition from the world government and see bitcoin as one of the alternative out there, not to replace banks per se, but at least those majority of unbanked people globally will go to bitcoin and government will simply allow it so that adoption will grow without affecting the balance of geo-economics.

This would be very cool to see, I think one important factor that'll be affected is green technologies, considering we can now see easily the effect human pollution has on different cities all over the world, hopefully we can learn and have even more evidence that reducing our carbon footprint WILL HELP in the future, specially economies. Not sure why we as a species have largely agreed that fucking the world over is the only way to go.

Sadlife

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It would be nice if Fiat and old traditional systems goes default so a new currency arises that is not exploitable by cash injection, fractional reserve banking, unlimited printing of money harming the economy and might endanger our savings from banks.

With Feds continue stimulus packages and quantitative easing that's actually bad. Investors will loss confidence in it. Then Bitcoin will be there as a hedge for those people when the great depression happens.

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