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Topic: imagine a world without Bitcoin (Read 641 times)

legendary
Activity: 2800
Merit: 1127
April 17, 2022, 10:33:29 AM
#89
if the times did not appear bitcoin, may not be a pleasant conversation. just like mobile phones, previously people didn't use cellphones it didn't matter, there was still a postal mail or landline and now they have to use a smartphone, sometimes someone also feels dependent on a smartphone. that's the picture of developments in the world, the same as bitcoin, of course it will always develop and we will also have to be able to adapt to the latest developments
This is true, people moving to smartphones do matter a lot as a n example to crypto. From all the way of using carrier pigeons to having the information of the world on your fingertips, it became a thing that nobody could deny at this moment, it is just insanely good. This means that we could be basically just focusing on the fact that crypto is something that is profitable if you could hold long term enough.

It has been doing great for the past 10 years, and I do not see it stopping in the next 20 years neither, which means that at one point it will become something that nobody could deny to use, one day it will be just a regular everyday thing for all humanity.
full member
Activity: 1554
Merit: 135
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April 16, 2022, 09:02:59 PM
#88
the era we live in now is the era of the digital world, so we are extraordinary in the digital age, but if we live in world war II, of course we will not say that the world without bitcoin will progress. The proof is that after the second world war, countries could rise up and move forward. with bitcoin it looks like the world without bitcoin would be bleak but now know that many people develop their business without using bitcoin even that person doesn't know bitcoin.
legendary
Activity: 2184
Merit: 1024
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April 16, 2022, 04:17:51 PM
#87
In this situation it is very difficult to imagine a world without bitcoin.This bitcoin has played a huge role in the unemployed youth community around the world.If it weren't for Bitcoin, our lives would be a lot worse today.But for Bitcoin we have come a long way today.We will never be able to pay for Bitcoin. The more the world updates, the more popular Bitcoin will become.

I can imagine,
Without Bitcoin people should have to struggle for getting a job after having all kinds of qualifications.
Without Bitcoin we would have to invest in the stock exchange where 2% dump anxiety leads to hair loss. but in bitcoin 30% pump/dump is usual thing.
Without Bitcoin, Ukraine's president would not be able to provide a donate wallet for help after the war has invalidated their currency.
Without Bitcoin, the bank could have sucked people a little better.
A lot more could have happened without Bitcoin. It gives us ultimate freedom.
full member
Activity: 700
Merit: 182
April 16, 2022, 03:42:18 PM
#86

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If I imagine a world without bitcoin, then there will be no post like this. There won't be any successful craziest meme tweets via Elon Musk. McAffee won't be gone like this. There will be no such Garry Kane scam news. There will be news of the world's highest amount of money hacked. Because of this, I won't be here or I ca continue my studies. Because of this, I earn money and then I bear my expenses. Not only that, my family's financial position will be worse. Now I can't imagine more. I'd like to thank my God for bestowing upon Satoshi Nakamoto Sir a special power to create the world of bitcoin. my overall imagination.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
April 16, 2022, 03:33:01 PM
#85
World is running from million of years without Bitcoin and it will run as  it is already running.  BTC provide us online safe secured transaction but if BTC was not invented then  something else had discovered because Need is mother of invention. But if now BTC will be removed from this world in current time then it is different matter which effect the world for few time of period.

Million years ago, that is what I was we were told. More like a fact than theory.
Bitcoin has been a liberty to some people, almost every part of the world has heard about bitcoin it just that not everyone will have that opportunity to get it.
Either with bitcoin or not, the world still remains the same. When there was no bitcoin, there were war, there were famine, natural disasters, global warming and now that we have bitcoin, these things are still available everywhere. Apart from global store of value and hedge against inflation preserve, others things still remain the same.
sr. member
Activity: 1386
Merit: 451
April 16, 2022, 03:24:49 PM
#84
In this situation it is very difficult to imagine a world without bitcoin.This bitcoin has played a huge role in the unemployed youth community around the world.If it weren't for Bitcoin, our lives would be a lot worse today.But for Bitcoin we have come a long way today.We will never be able to pay for Bitcoin. The more the world updates, the more popular Bitcoin will become.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
April 16, 2022, 02:36:33 PM
#83
While true the fact that bitcoin was created by an individual and not a government meant that it began with a user base of one, at the beginning only satoshi used bitcoin and then it kept growing its user base, this means that bitcoin became and incredible investment and that you could accumulate early on amounts of bitcoin that would be impossible to accumulate in the future unless you had a lot of fiat already.

So it is natural that even today the main use of bitcoin is as an investment and store of value than as a currency, but as adoption grows at some point we will see a reversal of this situation and bitcoin will finally fulfill its main objective, which is to become a currency.

Bitcoin is now a store of value, a good investment, and will most likely remain so in the future. It is difficult for me to imagine the moment when bitcoin will become a full-fledged means of payment, when I will be able to pay for my purchases in a store, or pay for travel in transport. And it’s easy to imagine a world without bitcoin, because my bitcoins are in my wallet as a long-term investment, and if bitcoin didn’t exist, then most likely I would just buy gold. But luckily bitcoin exists, and it's great! )
sr. member
Activity: 2520
Merit: 366
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April 16, 2022, 02:16:41 PM
#82
a world without Bitcoin would be a very boring world...

when russia first attacked ukraine - a lot of bitcoins were donated to it later when russia was cut off from SWIFT - they required countries that wanted to buy their oil to only use bitcoin and ruble.

my personal experience, if I didn't know bitcoin then I believe my economy would not be as good as it is now, Bitcoin is a miracle.
hero member
Activity: 3038
Merit: 617
April 16, 2022, 12:10:45 PM
#81
The most important aspect of Bitcoin is missing from what you listed above as the major reason and usage of Bitcoin are for p2p payments without the intervention of any third party. Bitcoin has come to eradicate the era of traditional banking where privacy is taken seriously. Some take Bitcoin as an investment while others mainly use Bitcoin for payment.
While true the fact that bitcoin was created by an individual and not a government meant that it began with a user base of one, at the beginning only satoshi used bitcoin and then it kept growing its user base, this means that bitcoin became and incredible investment and that you could accumulate early on amounts of bitcoin that would be impossible to accumulate in the future unless you had a lot of fiat already.

So it is natural that even today the main use of bitcoin is as an investment and store of value than as a currency, but as adoption grows at some point we will see a reversal of this situation and bitcoin will finally fulfill its main objective, which is to become a currency.

Satoshi must have it in mind for years that he kept developing an alternative and solving the double spending but eventually he created BTC and made it to perfection. And then BTC is becoming the most attractive asset class today which institutions are buying up BTC.

The world without BTC is coming back to bailing out banks again, that's what will happen as governments had been doing it for decades. Now that there is an asset/currency that  no one can ever printed to add up to the supply, government are panicking to release their own CBDC.
legendary
Activity: 2534
Merit: 1501
April 16, 2022, 12:09:27 PM
#80
I think it is too easy to imagine the World without Bitcoin. There are still too many people who are completely not aware of it. There are still too many people who are "not interested" in Bitcoin or cryptocurrency. And of course there are people who are busy with their current problems, to find time to listen, read, find information about Bitcoin. Bitcoins is still counted as "bad" for most of people. Even while I am writing this post, news on TV warn about speculative side of cryptocurrency and warn that is easy to be scammed.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
April 16, 2022, 11:57:16 AM
#79
The most important aspect of Bitcoin is missing from what you listed above as the major reason and usage of Bitcoin are for p2p payments without the intervention of any third party. Bitcoin has come to eradicate the era of traditional banking where privacy is taken seriously. Some take Bitcoin as an investment while others mainly use Bitcoin for payment.
While true the fact that bitcoin was created by an individual and not a government meant that it began with a user base of one, at the beginning only satoshi used bitcoin and then it kept growing its user base, this means that bitcoin became and incredible investment and that you could accumulate early on amounts of bitcoin that would be impossible to accumulate in the future unless you had a lot of fiat already.

So it is natural that even today the main use of bitcoin is as an investment and store of value than as a currency, but as adoption grows at some point we will see a reversal of this situation and bitcoin will finally fulfill its main objective, which is to become a currency.
member
Activity: 434
Merit: 11
April 16, 2022, 10:56:40 AM
#78
World is running from million of years without Bitcoin and it will run as  it is already running.  BTC provide us online safe secured transaction but if BTC was not invented then  something else had discovered because Need is mother of invention. But if now BTC will be removed from this world in current time then it is different matter which effect the world for few time of period.
jr. member
Activity: 140
Merit: 2
April 16, 2022, 10:49:42 AM
#77
I think for many this is not difficult at all. After all, everyone remembers how quite recently - a few years ago, no one spoke about such a currency at all.
hero member
Activity: 1960
Merit: 547
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April 16, 2022, 08:20:40 AM
#76
I understand right now how important Bitcoin is for a country.Usually now if bitcoin is stopped in my country then the number of unemployed in my country will increase so much that the government will not be able to bring it under control.This bitcoin has brought a serenity to all people including the whole unemployed youth. Unemployed youths work in this cryptocurrency and continue their family with their livelihood.We have to live with a lot of hardships, especially when this bitcoin is closed.

How do the jobs in your country connected to bitcoin? I hardly can imagine any country where disappearance of bitcoin can influence employment significantly. Even when we talk about El Salvador there are some new jobs caused by implementation of bitcoin as payment system, but it is no so significant. Fiat transborder transactions are more expensive but can still be done. What's about your country? It would be interesting to learn more about it.
I don't know how to say it, but so is where I live. Majority of young people are involved in crypto and almost all of them are working full time with crypto, a lot of people have succeeded and have their dream life thanks to crypto. The people I knew were chefs and builders, but they quit their jobs and became full-time investors.
It's a bit different for me because I have my main job outside and invest in crypto when I have free time, but really crypto has helped me a lot. When covid happened I was almost unemployed and I could only make money from crypto and now participating in signature campaigns, participating in whitelist events also get me some extra spending in life when prices escalate because of inflation.
member
Activity: 602
Merit: 11
April 16, 2022, 03:06:11 AM
#75
if the times did not appear bitcoin, may not be a pleasant conversation. just like mobile phones, previously people didn't use cellphones it didn't matter, there was still a postal mail or landline and now they have to use a smartphone, sometimes someone also feels dependent on a smartphone. that's the picture of developments in the world, the same as bitcoin, of course it will always develop and we will also have to be able to adapt to the latest developments
full member
Activity: 854
Merit: 130
April 16, 2022, 02:55:02 AM
#74
The most important aspect of Bitcoin is missing from what you listed above as the major reason and usage of Bitcoin are for p2p payments without the intervention of any third party. Bitcoin has come to eradicate the era of traditional banking where privacy is taken seriously. Some take Bitcoin as an investment while others mainly use Bitcoin for payment.
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
April 16, 2022, 02:36:15 AM
#73
I understand right now how important Bitcoin is for a country.Usually now if bitcoin is stopped in my country then the number of unemployed in my country will increase so much that the government will not be able to bring it under control.This bitcoin has brought a serenity to all people including the whole unemployed youth. Unemployed youths work in this cryptocurrency and continue their family with their livelihood.We have to live with a lot of hardships, especially when this bitcoin is closed.

As you said that many people are earning through bitcoins  in your country, does this mean that bitcoin is declared legal in your country?

Personally, I am too much involved in bitcoin that it is hard for me to even imagine a world without bitcoins. I hope I don't have to see a day where there are no more cryptocurrencies and bitcoins.
hero member
Activity: 3304
Merit: 987
www.Crypto.Games: Multiple coins, multiple games
April 15, 2022, 11:11:55 PM
#72
Dumb questions op. BTC was introduced to the world way back in 2009. Before 2009, there was no BTC, popular digital payment methods and other popular cryptocurrencies which is when FIAT, Gold, Silver etc thrived.

This basically answers all of your queries op. If BTC were to suddenly vanish in the future, some other popular cryptocurrency will take its place(ETH, LTC etc) as the top cryptocurrency in the world.

It's pretty much impossible for all cryptocurrencies to suddenly disappear out of the blue basically.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
April 15, 2022, 11:03:54 PM
#71
It is interesting to think that because technology has accelerated so fast in the past couple of decades, something like bitcoin would have seemed futuristic or impossible in the 1970's and 1980's. That said, it is fairly easy to imagine a world of no Bitcoin if you can remember back 20+ years or more .

There were no bitcoins 20 years before and we could imagine the world without them only before their existence. Since the invention of bitcoins, it's impossible to live without them.

I can't imagine a world without bitcoin. What if someone says, imagine a world without the Internet and you will say that the world without the internet will be the end of the world. We cannot say the same for bitcoins, but those who are using bitcoin, for them it is like a horrible dream to think of a world without bitcoins.


It is an analysis with nice analogies, and I think that it is important to highlight a considerable point here, and that is that technology will always advance, not only in telephones, or audiovisuals, or smart homes or so many things that machines can do, but each Sometimes things like the economy will have its inflection point as it is now with BTC, at the beginning of 2017 when BTC jumped to $20k everyone said that this was the biggest bubble of all time, and when it fell in price more still, but they did not imagine that it would reach almost $70k, and now they will even less imagine that it will reach more than $150k and it is not said by me but by experts who have had great experience on wall street. In this context it is not healthy to imagine a world without BTC.
sr. member
Activity: 1092
Merit: 342
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April 10, 2022, 06:47:41 PM
#70
I could not imagine a world without Bitcoin, for my personal experience, it is the safest investment, I do not trust banks or systems that have a bond or their incorporation that offer savings, of course, what I trust is in the bitcoin, for I is the best investment that exists.

I have always respected the decision of others, there are people who, as long as they speak and say they have to free themselves, do not leave their mental jail, there are only a few that until now are seeing the solutions and reality they show them. In the media that are very manipulators, mainly the bad.
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