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Topic: imagine a world without Bitcoin - page 4. (Read 616 times)

legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
April 04, 2022, 05:31:58 PM
#29
World without bitcoin will be the same as now, because the active user community is far less compared to the fiat. For now the Russians might've suffered without any way to get out of the sanction. Bitcoin is much preferred as investment, so people who have opted for bitcoin might've invested into stocks and other forms of investments.

As few users mentioned, the user community who have been making use of bitcoin for all the primary needs will be the one to suffer. When we make a survey on this, it'll be very small percentage of the global population.
legendary
Activity: 3094
Merit: 1127
April 04, 2022, 05:13:32 PM
#28
That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
Bitcoin and cryptocurrencies are one thing, digital payments another, just think about PayPal for example, that has been created several years ago. And even more than moving money around bitcoin gave people the consciousness that they can be their own bank, they can actually own their money without relaying on anyone else. That's for me the biggest lesson I've learnt with bitcoin.
No one is in control
No one is watching you
No one could know know on how much you do have
No 3rd Parties

This is where we do really love the benefits that we do get from Bitcoin.Yes, we do have long time online payment processors but
we know on how centralized they are and now that we do have bitcoin then we could really able to point out the difference.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
April 04, 2022, 05:07:55 PM
#27

why is cryptocurrency bitcoin created.
Bitcoin was created for individuals to freely make Financial transaction at any time around the world without relying on banks or governments. But the main point by which cryptocurrency was created is to fix the issues of traditional currencies so that currency holders will have the responsibility and power in there hands.

That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".

Not what I am seeing it. It is now used as a hedgefund for others, an investment and the main purpose is somehow forgotten. It was just a technology meant to transfer funds p2p without banks in the middle.

A world without Bitcoin is still will be the world we live in. There are great things that Blockchain did in a lot of fields, but the world being dependent on it is not one.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
April 04, 2022, 04:37:13 PM
#26
That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
Bitcoin and cryptocurrencies are one thing, digital payments another, just think about PayPal for example, that has been created several years ago. And even more than moving money around bitcoin gave people the consciousness that they can be their own bank, they can actually own their money without relaying on anyone else. That's for me the biggest lesson I've learnt with bitcoin.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
April 04, 2022, 03:04:22 PM
#25
That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?
___will financial transaction be stressful and restrict?
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___will the rate of scamming increase or decrease?

• The world would pretty much be the same with or without Bitcoin, the affected would be the minority who are into Bitcoin and to those it would be a huge void as we have gotten used to having a reliable alternative from centralized Fiat.

• To the minority who use Bitcoin for it's qualities, yes.

• I assume yes. The community here is white ingenious and creative, I would assume there would be lot of brainstorming to fix what was lost.

• No significant changes, imo.

• No significant changes either.
hero member
Activity: 952
Merit: 555
April 04, 2022, 02:57:56 PM
#24
If bitcoin had not being in existence we wouldn't have been all hearing enjoying the uniqueness of this platform, there wouldn't have been access to privacy and security to asset in a more advanced form of digital, we wouldn't have enjoy decentralization of currency, there wouldn't be a secured means to handle our currency without unsolicited deduction from it as the banks does, we wouldn't have enjoy cross boarder transactions with lesser cost, there wouldn't have been a peer to peer system payment, rate of unemployment and cyber attacks could have increased that it is currently.
member
Activity: 840
Merit: 23
April 04, 2022, 02:42:10 PM
#23

That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?
___will financial transaction be stressful and restrict?
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___will the rate of scamming increase or decrease?

Bitcoin truly has been of benefit to so many of us,that fact can't be denied and it has as well created job opportunities for most of us.
The only thing I can say and stand by is the fact that without Bitcoin in existence, they'd be no bitcointalk as for the rest, no one can tell for sure cause we're blessed with highly creative individuals and so they may have been something else that would have served as substitute.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
April 04, 2022, 01:57:33 PM
#22
That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?

Mostly the same because we would have altcoins. Unless you mean no crypto at all then it would be a sad world.

Quote
___will financial transaction be stressful and restrict?

If you lived in 2010 when almost nobody knew about bitcoin and there were no exchanges, was life that much harder? Was someone restricting you?
You felt like everything was fine because all your friends and family lived the same way and faced the same problems.
You don't know what you have until you lose it.
hero member
Activity: 966
Merit: 588
April 04, 2022, 01:54:53 PM
#21
Though we're been exposed to Bitcoin payment system and we've seen how incredible the technology is, like fast transactions,  transparency, deflationary and so on, so if we imagine the world without Bitcoin there isn't gonna be much expectation, and you wouldn't have known that a technology like Bitcoin would exist in the first and think this way , rather the former payment system (fiat ) would still look good in our eyes and the world will move on with it.
full member
Activity: 233
Merit: 253
April 04, 2022, 01:52:11 PM
#20
imagine a world without Bitcoin

... like a universe without the world.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
April 04, 2022, 01:39:50 PM
#19
Maybe the OP thinks that 98% of the people in crypto wants to be a part of it because of all the benefit Bitcoin brings. There's no way that 98% of the world population is even aware of Bitcoin. I'm sure that substantial percentage of the world population have bigger concerns in mind than buying some BTC.
It's guaranteed that 98% doesn't even know about it, the number is much higher than it used to be, but still nowhere near 98% at all. I am sure that the people who are aware of bitcoins existence reached like 70-80% for sure, maybe even a bit more, but that's it, 98% doesn't even probably know Antarctica exists, let alone bitcoin, there must be more than 2% that haven't heard about it yet.

Aside from that fact the investors of it, the real question here must be like less than 50% as well, from the people who heard about it, we have less than half of them investing into it as well. Which isn't bad, it means that we have a big room to grow and I am happy about that.
full member
Activity: 1092
Merit: 227
April 04, 2022, 01:25:38 PM
#18
Just by reading the title I felt very empty for a moment as the whole thing flashed right in front of my eyes. I don’t think there is easy way to imagine this one because I’m so much involved into bitcoin now. It would feel way empty than hollow space!
I think we would have been thinking nothing but our career, jobs, some political talks everyday and May be some shitty tech that’s just been invented for entertainment or military purpose.
There wouldn’t had been any developments in the share market, just the usual forex and copy trades. No gaming evolution in terms of NFT. The art would have been the same old auction based sold sold! 
See no fun at all if bitcoin wasn’t there.
hero member
Activity: 2408
Merit: 584
April 04, 2022, 01:15:22 PM
#17
Considering that only a tiny percentage of the population of the world owns Bitcoin, a tiny portion of these people use Bitcoin regularly, that marketcap of Bitcoin is smaller than marketcap of some publicly traded companies, that Bitcoin processes hundreds of thousands transactions per day, while mainstream payment services process many-many millions; I would say the world would be largely the same. Sure, some people's lives would be absolutely different, but the life of an average person would not be affected.
No, if there happens to be no bitcoin again, it is going to affect a lot of people. Although that would depend if the question is Saying this in addition with other cryptocurrencies. If let’s say that there is no longer cryptocurrencies, you know that there would be companies that would be affected.

Lots of cryptocurrency companies or exchanges would stop to exist, and that would lead to people losing their jobs, and also investors losing their assets, so it’s really going to affect a lot of people. And also you would no longer have the type of freedom that you have when making use of Bitcoin for a transaction. You can’t have that same freedom when you are using Fiat for transactions.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
April 04, 2022, 11:45:29 AM
#17
Things will just go back in the things we normally do in doing transaction thru banks or online banking. Only those who already attached in crypto or bitcoin will be much affected. In my country there is still many who is aware of bitcoin exist but didn’t bother to use it. Though  the possibilities that bitcoin will be gone now is too impossible as many aims a decentralized system especially when it comes in finances and investments. More related ideas are coming because of this that’s why there is too many altcoins now.
hero member
Activity: 2562
Merit: 577
April 04, 2022, 10:01:33 AM
#16
The world will function normal except the extra benefit people are getting from being a bitcoiner and being part of this forum or any other crypto related forum will not exist. Bitcoin usage hasn't really spread world wild compare to fiat, but am so use to being part of crypto space that i don't think i want a world without it. i think for us who are familiar with this world, it will be extremely boring to not have it.
legendary
Activity: 3024
Merit: 2148
April 04, 2022, 10:01:06 AM
#15
Considering that only a tiny percentage of the population of the world owns Bitcoin, a tiny portion of these people use Bitcoin regularly, that marketcap of Bitcoin is smaller than marketcap of some publicly traded companies, that Bitcoin processes hundreds of thousands transactions per day, while mainstream payment services process many-many millions; I would say the world would be largely the same. Sure, some people's lives would be absolutely different, but the life of an average person would not be affected.
tyz
legendary
Activity: 3360
Merit: 1533
April 04, 2022, 09:53:55 AM
#14
Honestly, I'm old enough to have lived in a world where Bitcoin didn't exist Cheesy And I remember it well. When I compare these two worlds, the current one with Bitcoin is better, because it gives people an alternative to become independent from the financial system.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
April 04, 2022, 09:39:20 AM
#13


That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?
___will financial transaction be stressful and restrict?
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___will the rate of scamming increase or decrease?

I can only imagine and I realize how satoshi has really helped humanity through his(thier) invention of bitcoin and cryptographic payment system which gave birth to  the many internet currencies we refer to as cryptocurrencies today .

I imagined a world without bitcoin and cryptocurrencies and I a world of financial pain, a world of many jobless youths, a world filled with arm robbers, kidnappers, hired killers and several other criminal activities, a world filled with poverty, lack and want resulting to fights, health issues due to poor health facilities.

I can only Imagine, I personally have benefited immensely from satoshi's invention,  I am married with kids and I've been jobless since 2018, bitcoin and cryptocurrencies(this forum included) has been my only source of income, through satoshi's invention, I am able for feed well and feed my family too, I am able to send my daughters to good schools, I am able to afford good medical health care for myself and my wife and my beautiful daughters as well as many other family members too.
And I believe that as it is with me, so it is with many other people out there most especially, those in the third world countries, I honestly don't want to imagine what my life would have been like right now without bitcoin and cryptocurrencies.
hero member
Activity: 2366
Merit: 594
April 04, 2022, 09:22:24 AM
#12
98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink
98% of Crypto holders belong to Crypto world because of its benefits and usefulness.

Yeah, just like I thought. You should have worded it a little better because when you put it like this:

... that makes 98% of people want to be part of bitcoin world because of it usefulness or benefits.  ...

it really looks like you are talking about world population.

Because 37% of the population does not have access to the internet, the figure would not be 98%; additionally, because bitcoin is a technological advancement, there are still people that are unaware of it. But I think the OP is just stating this because he is overwhelmed that a lot of new people are now adapting to bitcoin and he noticed that everyone knows it. Let's just kinda see the other side for the OP and answer his question. I think it is still the same for me as before bitcoin was invented, but it has greatly affected the people who are earning from it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 04, 2022, 09:15:41 AM
#11
If bitcoin does not exist, none of us will gather in this forum. Maybe there will be another technology but it will be different from blockchain and not be the same. Cryptocurrency is the only one while the world will remain like what we saw. Paypal and other similar payment systems can still lead their path to use online payment systems. Jobless will be like that and scamming will still be there, nothing changes but I do not know because I do not imagine something that I do not know.
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