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Topic: The World Without Bitcoin - page 11. (Read 2828 times)

full member
Activity: 1190
Merit: 117
March 09, 2021, 07:44:57 PM
#75
It must be admitted that Bitcoin is a big breakthrough in the world of finance, because it is Bitcoin which popularizes blockchain technology.
Make financial transactions faster and more transparent, because with Bitcoin we don't need to involve banks when making financial transactions.
Bitcoin also provides privacy to its users, because Bitcoin does not need to provide our personal data to make transactions. So a world without Bitcoin is
a bad thing in my opinion, because financial transactions may still be traditional. With the existence of Bitcoin it has also proven to help the economic
crisis that occurred, because Bitcoin has indeed been proven to be a source of income.
sr. member
Activity: 1232
Merit: 379
March 09, 2021, 07:12:06 PM
#74
Also in addition, the bank managers will be more richer while the poor becomes more poorer, infact in my country, everyone was forced to own a debit card to be in use when transacting less than $100, for the government to become richer and build more estate for themselves and family, cryptocurrency saves and became a fair play for both categories in the society. Fiat would have make the economy of a country to be survival for the fittest basis, Cryptocurrency makes it easy for balancing the economy.
sr. member
Activity: 1638
Merit: 255
March 09, 2021, 06:57:58 PM
#73
finding bitcoin or crypto for me is something precious and I am very grateful to its founder Satoshi Nakamoto. Maybe what happens to me
if I don't find bitcoin, I'll be glued to banknotes for the purposes of living and coexisting with banks. Well maybe  that's  also the  case  with the
general public who do not know cryptocurrency and bitcoin.
full member
Activity: 924
Merit: 100
March 09, 2021, 06:54:36 PM
#72
What i've been thinking now is what happen to me without bitcoin  Cry

To be honest bitcoin change my life. Without bitcoin i can't go to the college because my familly isn't enough money to pay my college, since senior high school i've been working and investing in bitcoin.

So thx to crypto, crypto change my life!
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
March 09, 2021, 06:41:19 PM
#71
The presence or absence of bitcoin in the world does not affect progress in everything and the country will be fine as it is today, why because 75% of the world's people do not know bicoin, for example parents in their day, they are too complicated to find out what bitcoin is, which they know only fiat, different from the melenial era children who analyze technology
and basically there was no bitcoin and others only fiat issued by the central bank of each country
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
March 09, 2021, 06:22:22 PM
#70
It is so hard to imagine how I could had been without Bitcoin or crypto currency.
I would be working 9 to 5 jobs and couldn't experience what I had experience before traveling and having enough money to buy what I want.
legendary
Activity: 2198
Merit: 1663
March 09, 2021, 04:58:03 PM
#69
Without bitcoin we would be lost, to put it dramatically. Trading Bitcoin has become easier than it was a few years ago. Today every private investor, large or small, can trade Bitcoins and other crypto currencies easily on the computer. Another point for the price rise will be the political developments in the world. Experts do not expect a global easing in the next ten years. For this reason, not only will the classic gold price rise in these times, the cryptocurrencies will also benefit from the unstable situation in many countries, unlike cash or valuables, cryptocurrencies can cross national borders unnoticed.
sr. member
Activity: 2338
Merit: 365
March 09, 2021, 04:09:56 PM
#68
To be honest, nothing would be changed for ordinary person. The majority of people still dont know what bitcoin is. At least, right now
true, who knows Bitcoin and invests in it I think only about 0.5% of the earth's population...
My city is quite densely populated but no one is talking about Bitcoin even when Bitcoin made ATH a few weeks ago. Bitcoin is a long-term concept, Bitcoin will be loved by many people when the cryptocurrency has been in mass adoption. maybe this question is more suitable in the next 20 to 40 years.
sr. member
Activity: 1610
Merit: 264
March 09, 2021, 03:58:21 PM
#67
Have you ever thought what would the world be without Bitcoin? Imagine if the cryptocurrency was never invented and we'd still be living with Fiat (paper money and credit/debit cards). People would be subject to banks' desires without a chance for freedom. A cashless society would be only a dream, without innovations in the FinTech space. Gold would still be an option, but not everyone will be able to access it. The unbanked people will be forced to deal with banks in order to participate in the mainstream economy. A lot of challenges and hurdles would arise without a decentralized form of currency for the enjoyment of all.

What do you think the world will be today without Bitcoin? Your input will be greatly appreciated. Thank you. Smiley
Decentralization form of currency isn't for everyone that's why people still have the choice to use Bitcoin or not.
The world will still keep spinning without Bitcoin, or we could expect the global economy to be a bit....different if Bitcoin wasn't invented.
Feels like it is inevitable to be invented anyway as not everybody wanted to use banks in the first place.
Me in my family is the only one that uses and knows Bitcoin. They're just not interested into digital money or they just don't feel safe when their money is in digital form. Thinking all about hacks and all about the vulnerabilities in digital world.
full member
Activity: 798
Merit: 100
March 09, 2021, 10:36:48 AM
#66
for me if the world without bitcoin today many people do not know digital currency. people around the world are fixated on banknotes and banknotes. even though bitcoin as a pioneer for the world opens up insights if there is something new that is better than just ordinary money. So Bitcoin is the power of transactions in modern times in my opinion. and I'm lucky that the world found bitcoin
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
March 09, 2021, 01:56:59 AM
#65
I think that you will never thought about that in the first place when we don't have bitcoin right now.

If we are still living in a world without bitcoin then I don't think that we will mind that thing.

We are glad that we are in this reality where bitcoin exists and helped a lot of people but I don't think that we will think about other investment such like digital currencies when we are first not introduced to this. Let's accept the fact that there are a lot of opportunities in bitcoin investment and I'm not regretting that I invested on it 5 years ago.
newbie
Activity: 264
Merit: 0
March 09, 2021, 01:27:11 AM
#64
Many people are not familiar with Bitcoin&they are living without Bitcoin.I am a person who are familiar with Bitcoin in my family others person in my family who are not familiar with Bitcoin and they are happy.I am most happy because i am familiar with Bitcoin.
legendary
Activity: 2562
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
March 08, 2021, 07:40:06 PM
#63
With or without Bitcoin, the world will remain as it is. There would still be institutions that will handle financial concerns of the people and they will be subjected for improvement to get along as the needs of the people increases and the technological advancement is present. Now if time comes that after Bitcoin existence it will suddenly be gone, for sure there will be sudden changes which we can adapt sooner or later but that will be difficult on the first phase because we have been familiarize on having Bitcoin and other cryptocurrencies on our side. Things will change for sure but it will just take time until we can move on after that.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
March 08, 2021, 04:23:24 PM
#62
Without Bitcoin we might not be able to transact anonymously, we might be looking for alternative way to invest. Bitcoin is fortunate for us and it is known as an easy medium for us to be established in society. Bitcoin has created jobs for many unemployed people and there is no doughty it is blessing for investors and traders. If Bitcoin did not exist, these people would have invested in the stock market or would have been involved in alternative employment.
legendary
Activity: 2618
Merit: 1105
March 08, 2021, 03:03:24 PM
#61
Higher inflation, least digitization of payments and we all would be living as a slave for ever if Bitcoin was not invented. Bitcoin is not limited to money or making money, but it has brought the whole world to a platform where we created our own new world, where there is no inflation and higher chances of growing our money strategically with patience.
sr. member
Activity: 686
Merit: 282
March 08, 2021, 02:19:53 PM
#60
Bitcoin gives a lot of possibilities, especially the independence and speed of transactions. Without it, we would probably still be angry, but I bet that if not bitcoin, another system would appear in its place. People are looking for independence.
sr. member
Activity: 882
Merit: 269
March 08, 2021, 02:13:08 PM
#59
The world without bitcoin would be presumably ordinary additionally very much like what's going on today, individuals will simply utilize banks and don't have any decision on where they can store their cash besides banks. The case is that having a bitcoin today is there a decision for individuals to pick whether they will put their cash into bitcoin or they will just place it in the banks nor they can execute over the banks and if bitcoin doesn't exist the banks will be the essential wellspring of exchanges.
If world doesn't have bitcoin people will not think that we can innovate many things using blockchain technology people will not seek for improvement they will still treat everything as only a theory they would hardly believe on what technology can help many people we should learn to be thankful because we knew bitcoin and it helps us very much now I wonder a world without bitcoin, maybe there will be some bad things some people becomes greedy and many people want to scam other people.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
March 08, 2021, 01:13:19 PM
#58
Bitcoin isn't a thing that a normal people will use let say average internet people do. And without bitcoin it would be just normal to them and most of people on earth as its not like a smartphone that could change and affect people's daily life.

While some industry will not exist, most .onion, gambling, porn website/service will still use paypal and mastercard today.

We cannot deny the fact that Bitcoin's mainstream adoption is increasing at a fast pace. More people are becoming financially independent by relying on Bitcoin as a safe-haven against traditional Fiat. Without Bitcoin, financial freedom wouldn't have been possible. Growing adoption for the pioneer cryptocurrency, will only make it stronger in the long run. Most services still accept Fiat on top of crypto, because the former is stable and backed by the government. Some began accepting Bitcoin in order to free themselves from censorship. A good example of this is PornHub. The popular adult streaming site decided to adopt crypto-only payments as a result of Mastercard and VISA's censorship. Other companies and services could follow suit if they experience the same situation as PornHub. Without Bitcoin, there wouldn't be any financial freedom at all. Everyone will be forced to rely on the traditional monetary system empowered by central banks and governments worldwide, with no escape route whatsoever. With Bitcoin, you and only you control your own money.

Nonetheless, most people are still living fine without Bitcoin. Despite its widespread success in the mainstream world, Fiat currencies are still ahead of the game. At least, people have an "exit route" from the current monetary system. Things would've been worse if Bitcoin was never invented in the first place. Money is now officially separated from the "State", allowing people to take direction of their financial lives for the first time in history. Who knows what the future of Bitcoin will be as governments launch their own CBDCs? Just my opinion Smiley
sr. member
Activity: 330
Merit: 256
March 07, 2021, 08:58:40 AM
#57
To be honest, nothing would be changed for ordinary person. The majority of people still dont know what bitcoin is. At least, right now
full member
Activity: 463
Merit: 100
March 07, 2021, 08:45:17 AM
#56
The world without bitcoin would be presumably ordinary additionally very much like what's going on today, individuals will simply utilize banks and don't have any decision on where they can store their cash besides banks. The case is that having a bitcoin today is there a decision for individuals to pick whether they will put their cash into bitcoin or they will just place it in the banks nor they can execute over the banks and if bitcoin doesn't exist the banks will be the essential wellspring of exchanges.
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