Topic: world without bitcoins......!!!1 - page 4. (Read 22775 times)
bitcoin is made initially to facilitate transaction costs, but it turns out the community even use it because it is valued the higher the higher the price, and criminal rates higher than start money laundering and loss of money because some people invest there, maybe that's why some countries have banned bitcoin sign in.
Then all weve been dreaming for is reversed. There will be no innovation to our monetary systems then weve been using fiats or credit cards until the future. Theres not that much happening but the opportunity for cryptocurrency will be gone. Banks investment will continue to be in its monopoly.
There is no going back. I bet these banks are just trying to seperate us from bitcoins and then after a few years, they will pick it up and use it. I'm sure the government like the blockchain and bitcoin but they want it under their control.
In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements?
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?Its they who should realize the importance and benefits of accepting bitcoin in their country. We do have lots of benefits to the countries. Their economy grows up, their citizens get employment with crypto currencies. Banks are not required to have in between when dealing with crypto currencies. This minimizes the extra expenses to the third party. P2P transactions makes everything easier with blockchain's secured system.
We see what bitcoins can do for us. We see how bitcoin innovation can be in the future. We see a lot of difference between money paper versus virtual money, with bitcoins, there will be no hassle for us counting with our money, this will be the first innovation for us. We see what are the importance of virtual or paperless money. Bitcoin can be one of the best invented in virtual community.
The world is groom will not face any big problem if bitcoin die.But it is true that Bitcoin is such a thing which are digital currency there are so many facility like easy transaction, good investment,easy to spent, ETC.
now so many country banned bitcoin since bitcoin are not in the hand of government. the bank is fear by bitcoin.so we should keep growing this.i would like to say the government that if so many developed countries accept bitcoin and growing up their economy why low quality country still banned Bitcoin.
now so many country banned bitcoin since bitcoin are not in the hand of government. the bank is fear by bitcoin.so we should keep growing this.i would like to say the government that if so many developed countries accept bitcoin and growing up their economy why low quality country still banned Bitcoin.
The world would be stick to traditional or manual system wherein all transaction are manual and use the paper money as medium of exchange in all means of transactions.
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worlds without bitcoin will not be a problem and there is no negative news from the people but people don't have a new opportunity to find a new way to make money. I think the governments will think that bitcoin is just an investment and if people want to deal with bitcoin, then they should know the risk of bitcoin and will not blame other people especially will not blame bitcoin because they are lost their money.
A world without bitcoin is a world without government, a world without bitcoin is a world without capitalist, a world without bitcoin is a world where money does not matter and greedy people do not exist.The reason of bitcoin why it is invented is being free from those corrupt group of people that taking the money of people in an easy way, hiding in the power of legal terminology and authority, capitalists and greeds people are both destroying the chances of the low and middle class society. So without bitcoin is also the absence of all I mentioned above.
Bitcoin cannot be stopped by anyone and they can't remove bitcoin in this world. Japan has showed the world that bitcoin can be part of their everyday lives and they will show that bitcoins offer helps to improve the economy and those who banned will see that and will change their actions in the end.
If they only knew what bitcoins and other crypto currencies can give us and help the economy of many conuntries.
I can see two possibilities of how the government can lift the ban on Bitcoin. One is that country's government will change their personal views about Bitcoin through other country's use of it. If they see that other countries are benefiting from the implementation of Bitcoin lifting the ban will be possible. Another way is of course a legal intervention if their citizens file a case in the court that what they are doing is unconstitutional then they have a fighting chance of using Bitcoin legally again.
In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements??
They forbid bitcoin is their reason. Because many bad guys have used bitcoin to transact them. With the bitcoin they are taxed like but the banks are operating in countries ?
mamy people benefited on it. bitcoin help alot in our daily needs and inprove our life style. maybe if bitcoin will gone, bitcoiners who have huge income will back to normal ife style, normal working routine.
I want to say to governments be like : I know you are scared too much but bitcoin will end your happiness chain.
There is no more tax!.Booyah!
There is no more tax!.Booyah!
When I envision the world without bitcoins, the society will spend more cost in electronic payments and lots of money are being lost in the economy.
All things on this world will be dependent on barter or basic or tradition process where the local money will be use as a meduim for all means of transaction.
All things on this world will be dependent on barter or basic or tradition process where the local money will be use as a meduim for all means of transaction.
The best alternative is to invest by buying a bitcoin currency. these bitcoin currencies are not affected by politics or government. Another advantage of this currency is to protect from continuous price increases.
When I envision the world without bitcoins, the society will spend more cost in electronic payments and lots of money are being lost in the economy.
All things on this world will be dependent on barter or basic or tradition process where the local money will be use as a meduim for all means of transaction.
All things on this world will be dependent on barter or basic or tradition process where the local money will be use as a meduim for all means of transaction.
In the rapid development progress of bitcoins, there has been countries where bitcoins are banned like China ,Bolivia ,Bangladesh and others.......... Since bitcoins are not in the hands of government , many countries have banned it and are in the phase on banning bitcoins............ So what should be done? What should be said to the governements??
I would like to set somet facts straight here. Because you don't really know what you are talking about:?1. In Bangladesh, Bolivia and Thailand bitcoin is really banned. Bangladesh is the worst place for BTC so far: because "anybody caught using Bitcoin could be jailed under the country's strict anti-money laundering laws"
I am not really familiar if they are really executing this law.
- Bitcoin is banned only if countries which are weak and insignificant from the global point of view economy or either afraid that their own national currency is too weak to compete with cryptocurrency (Bolivia, Bangladesh). Or they banned BTC based on totally idiotic claims and fake prejudice (Bangladesh). Some countries (Thailand) actually start to change their approach towards BTC - http://www.coindesk.com/bank-thailand-says-bitcoin-illegal-warns-use/
2. Bitcoin HAS NEVER been banned in China. This is a lie and total misconception. Chinese government financial institution can't use Bitcoin - that is all. Furthermore China is basically controlling bitcoin mining.
So the issue of being banned on bitcoin in the china is wrong. This is great news, because bitcoin is a really a help. Without bitcoins, some countries will end up in economic poverty.
For me personally.. I haven't too much to thinking like that, not really considering it must be really legal in the country where I live, as long as I still can sell it to local currency.. it's not a big problem for me, and not too thinking how it must be legal, how it can actually can be accepted by the government as a legalized currency to buying anything.
If bitcoin really is more tended on more positively things over time and the advantages can be continuesly being very useful, I can guarantee.. the most countries would be certainly to legalize bitcoin.
If bitcoin really is more tended on more positively things over time and the advantages can be continuesly being very useful, I can guarantee.. the most countries would be certainly to legalize bitcoin.
Bitcoin is accepted in most countries except a few. smaller countries with small economies that can not compete with Bitcoin. In a few years it will be in everyone Bitcoin
Sorry bro. Nowadays many countries are banding bitcoin. May be the reason can be that the black money can invest on bitcoin. But those countries should know that there is millions of coins after bitcoin.
There are a lot of people who knows nothing about bitcoin in Russia (I talk about Russia because Im living here) and their lives are good but I think that if they learn smth about bitcoin and invest in it their lives would be better. If globally I think that bitcoin makes our life easer, and without bitcoin there would be less progress
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