Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Kakmakr on June 22, 2018, 05:50:20 AM



Title: Bitcoin adoption can save lives now!
Post by: Kakmakr on June 22, 2018, 05:50:20 AM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!


Title: Re: Bitcoin adoption can save lives now!
Post by: Pursuer on June 22, 2018, 06:09:38 AM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.


Title: Re: Bitcoin adoption can save lives now!
Post by: Kakmakr on June 22, 2018, 06:27:59 AM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.

Agreed, but adoption of Bitcoin will reduce "Cash" on your premises and this will reduce cash transports. If you were a robber and you had to chose a target between a merchant that are cash only and another merchant that has a "Bitcoin accepted here" sticker in the window, which one will you target?

The goal is to eventually get rid of cash, but for now, the reduction of the use of cash will be our first step towards a cashless financial system.  ;)

It is even more practical and safe for the consumer, because a stolen debit card & pin or credit card will destroy your Bank balance and even place you in a situation where your credit card balance is maxed out. When you use Bitcoin, you can deposit a small amount into your phone for the day and only that can be stolen, when a robber gets hold of your phone.  8)

The rest of your bitcoins can be stored in cold storage or paper wallets in another safe location or hardware device.  ;)



Title: Re: Bitcoin adoption can save lives now!
Post by: Ariem on June 22, 2018, 06:49:25 AM

Let's increase Bitcoin adoption today, and save lives!

Also more likely, I think, we will se cryptocurrency adoption in such African countries, because mostly people there do not trust in their banks, and national currencies, it is usually a huge inflation, cryptocurrency my become a solution.


Title: Re: Bitcoin adoption can save lives now!
Post by: spyerf on June 22, 2018, 07:00:41 AM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.

In fact I think this problem will not be solved if what we change is the system turning the use of money into bitcoins. because if money does not exist anymore, then the criminals will hunt bitcoin. so in my opinion this is not a matter of money or bitcoin that became the main, but in because the bad people are still there.


Title: Re: Bitcoin adoption can save lives now!
Post by: Cofee.BLUE on June 22, 2018, 07:16:09 AM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!

In that happened it only says that carrying a large amount of fiat money is taking our life in danger situations which means it's not safe for the people specially to those people that working in bank institutions probably their life is not really safe for that job. That is advantage of bitcoin compare to fiat currencies. Bitcoin can be with us anywhere and anytime we go it doesn't matter how far and how long we're not in our home because nobody know that we have a big value of it unless in ourselves. So I can say that bitcoin can save our life in many different ways.


Title: Re: Bitcoin adoption can save lives now!
Post by: BQ on June 22, 2018, 07:32:03 AM
it's an interesting concept but, as mentioned, we've already got bank cards.
there's still need for physical money, I think. how would the entire population somehow know how to use digital currencies all of a sudden?
like all the old people and such.

I think it's not really a good comparison anyway. there's lots of jobs not involving handling money that still puts people at risk.
the concept is interesting but it feels like it's starting the solution in the wrong end  :D


Title: Re: Bitcoin adoption can save lives now!
Post by: Wexnident on June 22, 2018, 07:43:50 AM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!

It's probably yes, it is truly save people's life in a way that we don't need to be scared because we have a big amount of it because no one can see it and know it and only we in ourself know that. It really give us secured and safety. Anywhere we go and anytime we go it's always free from the snatchers or holddaper or in any people that has a bad intension to us. However, in that situation, it's giving a cause that someday or in the near future that fiat money needs to have alternative currency that can secured people and avoiding them from danger even we handled a big amount.


Title: Re: Bitcoin adoption can save lives now!
Post by: paul00 on June 22, 2018, 07:45:06 AM
it's an interesting concept but, as mentioned, we've already got bank cards.
there's still need for physical money, I think. how would the entire population somehow know how to use digital currencies all of a sudden?
like all the old people and such.

I think it's not really a good comparison anyway. there's lots of jobs not involving handling money that still puts people at risk.
the concept is interesting but it feels like it's starting the solution in the wrong end  :D
Bad guys are everywhere we cannot please everyone to stop in doing bad because robbing is the only way the earn money. Those bad guys don't think in long term if they are old they can't work on that anymore but if you are working on a decent place or enviroment it will your investment for the success in the future. What will you tell to youre grandson or daugther you are a good robbery?. You are ashame to the familly if they will know what kind of work do you have. This also applies to the scammer out there.


Title: Re: Bitcoin adoption can save lives now!
Post by: Kakmakr on June 22, 2018, 07:48:14 AM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.

In fact I think this problem will not be solved if what we change is the system turning the use of money into bitcoins. because if money does not exist anymore, then the criminals will hunt bitcoin. so in my opinion this is not a matter of money or bitcoin that became the main, but in because the bad people are still there.

I disagree. The current financial system encourage robberies of this kind. When your system create large cash reserves and a carrot for these criminals, then you are part of the problem.

We will never get rid of these criminals, but we can reduce the size of the carrot. The practical use cases that I mentioned, will reduce the risk and the losses.

Debit cards and credit cards are still a problem, because it gives these criminals access to your whole Bank balance or even money that you do not own. You can manage that risk better, if you only transfer small quantities of coins to "live" wallets, when you go to the shops.  :)


Title: Re: Bitcoin adoption can save lives now!
Post by: LoyceV on June 22, 2018, 07:53:08 AM
it is mostly digitalization though not just bitcoin.
Correct. And criminals will just shift their focus to something else.
Back in the days, bank robberies or even train robberies were a thing. Nowadays, banks don't have cash, and barely get robbed. At least in my country, banks don't have bullet proof glass anymore, there's just nothing to get. Robbers shifted to gas stations, and now their employees have to hide behind bullet proof glass.
If cash is banned completely, they'll find something else to steal. Here, trucks are getting robbed now, usually when they're parked, but also while driving. Small electronic items are high value targets.
Or they can rob people at home: "your Bitcoin or your life".

I'd be fine with replacing cash by Bitcoin, but the current shift is from cash to electronic money. The main problem is that at least printing cash has some limitations, while (central) banks can create virtually infinite amounts of electronic money, robbing people through inflation instead of at gun point.


Title: Re: Bitcoin adoption can save lives now!
Post by: Mpamaegbu on June 22, 2018, 07:58:50 AM
Lol...Funny dude (though this ain't funny). The title actually got my attention. You should remember that people will always fall prey. They that die transiting cash when they could've moved it online are low thinking individuals (I am just struggling to be mild with language here). We are in a cashless society and people should stick to digital means of moving cash. On the other hand, OP what makes you think that we don't have bitcoin heists? Haven't you heard of instances were hodlers have been traced to their homes and beaten up to give up their passwords and private keys? If you haven't, please google that for It's in the air.


Title: Re: Bitcoin adoption can save lives now!
Post by: budismile on June 22, 2018, 08:14:21 AM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!

The conclusion of your thread is better to use digital money than paper money. Seeing the incident, the risk of bigger banknotes compared to digital money and even the life of the stakes.
I as a bitcoin user, agree with your thread. if the life of the stakes is better to use digital money.


Title: Re: Bitcoin adoption can save lives now!
Post by: patt0 on June 22, 2018, 08:36:04 AM
Well I don't think it's that simply. If fiat was only digital, or even if it didn't exist at all, and all we ad was crypto, people would simply find other ways to rob money. Hacking would probably increase, and yes, maybe no one would die from those attacks, at least not directly, but I don't think armed robberies would stop. For instance I think that it would be possible for criminals to simply kidnap rich people, and ask for their private keys in order to rob them from all their money. It actually had happen already, although at a small scale. So if crypto was all we had, we wouldn't be seeing crimes like the one you've shown, but we would probably see more kidnappings and even torture, to gain access to private keys.


Title: Re: Bitcoin adoption can save lives now!
Post by: da7a1oad3r on June 22, 2018, 08:49:49 AM
Silly thing. So you're tellin me cops and government can't force young guys die for their Bitcoin (instead of fiat)? Do you understand that sounds silly.


Title: Re: Bitcoin adoption can save lives now!
Post by: CODE200 on June 22, 2018, 09:21:09 AM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!

Sad to know that there still people that doing anything even they hurting others just for the sake of money. In fact,  carrying a big amount of money is very dangerous to any people or persons that handled it and the more worst of it is that not only money that foolish people wanted to get what if even your life wanted them to have I mean those are worth people that never meant if they hurt others and the most important to them is money. So now I must say that bitcoin is really much better than to fiat money and possibly bitcoin can be much save people's lives.


Title: Re: Bitcoin adoption can save lives now!
Post by: Pursuer on June 22, 2018, 09:22:20 AM
If you were a robber and you had to chose a target between a merchant that are cash only and another merchant that has a "Bitcoin accepted here" sticker in the window, which one will you target?

it is actually a much harder decision than you think. there is pros and cons in choosing either one! and you can rob both the same with a gun to the merchant's head forcing them to give you their funds.
- bitcoin is more valuable and it is much easier to transfer. the robber can send it out to his address which he has created before and is not carrying the keys. so when running away he doesn't have to carry anything. he goes in, robs, gets out. someone seeing him in the street right after the robbery wouldn't know he just robbed a lot of money!
- cash however is 100% anonymous. there is no way to find the robber if he gets away but he has to carry it out. if someone sees him in the street they will see him carrying a large bag filled with cash :D


Title: Re: Bitcoin adoption can save lives now!
Post by: eternalgloom on June 22, 2018, 09:45:42 AM
https://imgs.xkcd.com/comics/security.png
Source: https://xkcd.com/538/

People would still get robbed for their Bitcoins, People would just be threatened to either give up their private keys or to send money to the criminals.
Traders who did in-person trades via Localbitcoins have already been robbed.

Criminals will definitely find a way around getting to your coins.


Title: Re: Bitcoin adoption can save lives now!
Post by: romero121 on June 22, 2018, 09:50:58 AM
With bitcoin the risk is much higher than that we make a cash transit. As each and every activity of a cryptocurrency Transaction depends on the internet the ease of hacking is high which makes it more risky than a cash transit that takes place with guards surrounding. However high we enable security at some point a small mistake leads to a drastic loss. It can be of human life or it xna be if the financial source that's been evaded.


Title: Re: Bitcoin adoption can save lives now!
Post by: jhongzjhong on June 22, 2018, 10:11:51 AM
-SNIP
Criminals will definitely find a way around getting to your coins.
Yes, that's correct.
Even digital money there is a risk of your life not only physical money because as what have said the statement above of my post criminals will definitely find a way around and seeing which better a good to rob. Well, physical money is a high chance of getting rob compared to digital money but it doesn't mean that in that way people adopt bitcoin, there's another alternative way not to hold your paper money. Debit card and ATM maybe one of their option.


Title: Re: Bitcoin adoption can save lives now!
Post by: Lucius on June 22, 2018, 10:15:16 AM
Time will come when such incidents will become a past, but in this case most of African countries are unfortunately far behind of some developed countries. They transport fiat money on this way because for now it is only way to do it, and poverty with high crime rate lead to such cases. The transition to digital currencies would certainly be something positive, but imagine how hard is to make this possible in Africa. Europe, North America or Japan are working on cryptocurrency regulation for years, but we are still far away from fiat switching to 100% digital money.

When that time is come I have no doubt that hackers will find ways to continue to steal money from people, but not any more on the roads or in banks, they will do that from their houses or internet cafes. This method of thievery exist already today, and it will increase in future.


Title: Re: Bitcoin adoption can save lives now!
Post by: Johnzky on June 22, 2018, 10:18:00 AM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.

In fact I think this problem will not be solved if what we change is the system turning the use of money into bitcoins. because if money does not exist anymore, then the criminals will hunt bitcoin. so in my opinion this is not a matter of money or bitcoin that became the main, but in because the bad people are still there.
you got the point,it doesnt matter if what is the target either bitcoin or paper money,whats the issue here bad guys existence maybe the solution is the security of that valuable currency ,and the economic crisis that push this people turns to bad,many of this criminals are only after themoney to support their familys needs its only few whos not in this consideration


Title: Re: Bitcoin adoption can save lives now!
Post by: 1Referee on June 22, 2018, 10:19:41 AM
Criminals will definitely find a way around getting to your coins.

Agreed. Criminals are always the first to find a way to game the system, and it works for them every single time till it doesn't work anymore, and then they again will find a way to get what they want.

Crypto holders have more than ever become a target and it's only going to get worse. At some point people won't even dare to say they own crypto anymore, because it's very likely going to work against you.

Benefit of crypto for everyone is that we own everything that we have, but once it's gone it's gone for ever. Immutable ledgers aren't meant to roll back just to solve a large theft or other situations where coin loss occurred. People need to be aware of how everything works, and I think that the average joes aren't really that interested in maintaining their own wealth. They will always prefer to have an external party take care of their wealth.


Title: Re: Bitcoin adoption can save lives now!
Post by: andrino on June 22, 2018, 10:29:25 AM
Yes bitcoin will save lives of the people. Safe to use, fast and secure, convenient for doing business. No robbery, no stealers outside world. However there are still disadvantages for using it like the people who does not know this at first will probably regrets why he did not know bitcoin at the beginning.


Title: Re: Bitcoin adoption can save lives now!
Post by: sakahayang on June 22, 2018, 10:42:21 AM
Terrible to hear the news, this proves more dangerous crime theft by humans compared to the crime of hackers.
a crime committed by a Hacker will only hurt your money loss, but if theft happens in the real world it's not just money lost but life can be lost.
this already proves how much more dangerous his theft is in the real world, are we still going to use paper money to make transactions?


Title: Re: Bitcoin adoption can save lives now!
Post by: joana0203 on June 22, 2018, 10:43:03 AM
yes your are right


Title: Re: Bitcoin adoption can save lives now!
Post by: Kakmakr on June 22, 2018, 11:36:27 AM
Lol...Funny dude (though this ain't funny). The title actually got my attention. You should remember that people will always fall prey. They that die transiting cash when they could've moved it online are low thinking individuals (I am just struggling to be mild with language here). We are in a cashless society and people should stick to digital means of moving cash. On the other hand, OP what makes you think that we don't have bitcoin heists? Haven't you heard of instances were hodlers have been traced to their homes and beaten up to give up their passwords and private keys? If you haven't, please google that for It's in the air.

So if you are so smart, come up with a alternative method to stop people from being killed, whilst cash is moved from one point to the next or when you have to deal with it on your premises.

I can manage my risk with very innovative thinking and problem solving, but you just accept the risk and have the balls to criticize other people who want to change the world with new ideas? <Most people do not worry about this, because they are not directly affected. These guys die protecting other people's wealth> 

A Cashless society is inevitable, because technology will replace Fiat currencies soon. <Most first world countries are already using mostly debit and credit cards for payment>

Bitcoin can help to fast track that process to a cashless world. Cash is not environment friendly and it is expensive and also not practical, like bitcoins or crypto currencies.

Silly thing. So you're tellin me cops and government can't force young guys die for their Bitcoin (instead of fiat)? Do you understand that sounds silly.

Do you know how silly you sound now? I never said that cops and governments are forcing anyone to give up their money.  ::) I say, the fact that we are forced to use cash, because it is our reserve currency, makes attacks like this so much easier, because large amounts of cash in transit is a bigger target for these criminals.

Do not comment on things, if you cannot grasp the basic concept of the discussion, because that makes you sound silly.  ;D


Title: Re: Bitcoin adoption can save lives now!
Post by: Hui8 on June 22, 2018, 12:04:35 PM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.

+ 1

Indeed its digitalisation itself which can help reduce such incidences. I think there should be more than this, government themselves should take care of such things from happening and must look after this. The implementation of the digital payment system and transfer of the money Reserve Banks to local banks would be great chance to secure the funds itself, they can increase the safety of employees and much more. I think government should educate people to use digital payment options more than cash and for that to happen they should stop printing the cash itself.


Title: Re: Bitcoin adoption can save lives now!
Post by: btcluisdiki on June 22, 2018, 12:53:01 PM
Yes, I agree with the author's idea wherein if bitcoin will be adopted by the people then it could perhaps lessen such incidents. Bad elements of the society can no longer do such criminal acts because people are into digital currency adoption and no longer use more on fiat money. People should be learning more on bitcoin and the blockchain technology for their awareness on how it can be use smoothly.


Title: Re: Bitcoin adoption can save lives now!
Post by: Babycuteless on June 22, 2018, 12:58:02 PM
yea that's right many criminals right now are using their force to get what they want and also it can kill people of using force because of bitcoin it can help to prevent the rob and it can deposit it and save no one can rob your money.


Title: Re: Bitcoin adoption can save lives now!
Post by: jennygamilo on June 22, 2018, 01:00:59 PM
For me yes ,, but the question is the adaptations of people Bitcoin is an online investment , that means really can Bitcoin help but and that thing is very possible.


Title: Re: Bitcoin adoption can save lives now!
Post by: keycellko on June 22, 2018, 01:53:48 PM
A good realization. But come to think of it, bitcoin wasnt made to replace fiat. It is mainly a digital money and its main purpose is for sending out to different parts of the world. Bitcoin now has evolved since many merchants accept it as payment. But this doesnt mean we have to eliminate fiat and use bitcoin


Title: Re: Bitcoin adoption can save lives now!
Post by: St4yInTh3D4rk on June 22, 2018, 02:49:55 PM
Well it is also one of the advantage of bitcoin now. :)

Bitcoin adoption can save lives,can save the manpower needed for that money to be moved can save the fuel bills,the electricity used in the banks and etc.... can be saved if we used crypto currencies.


Title: Re: Bitcoin adoption can save lives now!
Post by: imstillthebest on June 22, 2018, 02:56:06 PM
so do you really think that bitcoin is a life saver? is bitcoin a medicine or a hospital beacause he can save life? no it isnt. bitcoin adoption cant save lives but rather it can only improve the way that people live because when people use bitcoin aside from fiats , we can enable a high speed and low cost money transfer across the globe plus we can also use bitcoin as an asset in order to earn a profit .

bitcoin adoption can also give a good impact to its current value because if many people knows about the existence of bticoin , im pretty sure that those people will started to buy and invest on it , which can then  result for price increase.


Title: Re: Bitcoin adoption can save lives now!
Post by: Dr.Nina on June 22, 2018, 03:13:57 PM
There are many people all over the world who do their all works through paper money or fiat currency. To do their business they need to carry millions of cash every day. They also fall some accident at every day. People trying to digitalize the fiat currency. The bank also provide internet banking and mobile banking. But still they need to handle the cash. Because the other party of their business are not habituated with the digital money. As the bitcoin is fully digital currency, so if we fully use this currency then many life will safe every year. And sooner or later it will be implemented.


Title: Re: Bitcoin adoption can save lives now!
Post by: Snakerist on June 22, 2018, 04:01:23 PM
Of course, you are right, and this is obvious that digital money and especially cryptocurrencies are much better than obsolete cash.


Title: Re: Bitcoin adoption can save lives now!
Post by: Slow death on June 22, 2018, 04:03:26 PM
[...]

Well, it is not as if governments could not think of better solutions, one of these solutions may be the one you just said, but while some die others get rich. I'll be clearer:

The banks are created by people from the government's elite, there are security companies created by the government elites to transport money from one bank to another and even to make the security of those same banks. This elite will not accept your idea because with this they will no longer make money.



Title: Re: Bitcoin adoption can save lives now!
Post by: hatshepsut93 on June 22, 2018, 04:11:56 PM
it is mostly digitalization though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is exactly what you mean and it has nothing to do with bitcoin. the problem is people still continue to use cash so it won't solve this unless it is a 100% removal of any usage of cash which is impossible. at least for many years.

Agreed, but adoption of Bitcoin will reduce "Cash" on your premises and this will reduce cash transports. If you were a robber and you had to chose a target between a merchant that are cash only and another merchant that has a "Bitcoin accepted here" sticker in the window, which one will you target?


I can imagine how in the future criminals would be mugging Bitcoin users and robbing stores that accept Bitcoin, because it would be better for them than bank, since Bitcoin will always have some degree of anonymity and will always be irreversible, unlike banks. There will be some complications when compared to cash, like the need to scan QR and the possibility of double-spend of unconfirmed transactions, but violent Bitcoin and crypto robberies are already happening, there were many reports about people getting robbed at gunpoint in their homes or on the streets. So, Bitcoin will save some lives due to digitalization and making practices like armored trucks obsolete, but security wise it will always like gold or cash.


Title: Re: Bitcoin adoption can save lives now!
Post by: BitHodler on June 22, 2018, 10:49:51 PM
I can imagine how in the future criminals would be mugging Bitcoin users and robbing stores that accept Bitcoin, because it would be better for them than bank, since Bitcoin will always have some degree of anonymity and will always be irreversible, unlike banks.
Most merchants aren't dealing with Bitcoin anyway. All that happens when people use Bitcoin to pay for goods is that services such as BitPay convert it to fiat and have it sent to the merchant's bank account.

Even in case merchants do accept Bitcoin directly, they can choose to store their coins elsewhere. No one will ever find out where the merchant in question has set up its wallets.

The only entities being in some form of a dangerous position are the users. If whatever ill minded person sees how you pay with Bitcoin in a store, he can follow you and demand your coins in a not so friendly way.


Title: Re: Bitcoin adoption can save lives now!
Post by: God on June 22, 2018, 10:55:33 PM
I really doubt that a real adoption can happen anytime soon, that is the main reason of why i think that a lot of things can happen ,but it will not happen soon


Title: Re: Bitcoin adoption can save lives now!
Post by: xuan87 on June 22, 2018, 11:07:53 PM
Yeah , crypto can be one of the solution to decrease robbery, but it will increase the hacking case, and not all people feel save to store their money online especially crypto, when you lost crypto by hackers, then there is no way for you to retrieve your coin


Title: Re: Bitcoin adoption can save lives now!
Post by: AngelSky on June 22, 2018, 11:20:55 PM
Yeah , crypto can be one of the solution to decrease robbery, but it will increase the hacking case, and not all people feel save to store their money online especially crypto, when you lost crypto by hackers, then there is no way for you to retrieve your coin


But world corporates showing the bitcoin is place easily get hacked in the market mate. Actual truth no one can hack the bitcoin wallet if you have done the safety measures to your wallet with the private key and 2FA to make your wallet secured mate.

May be many news you came across on the hacking but no one sharing their tx id hacked wallet so far apart from individual URL hacking.


Title: Re: Bitcoin adoption can save lives now!
Post by: magneto on June 22, 2018, 11:49:35 PM
Cash robberies are definitely an issue, and a cashless alternative would definitely mean that less of these actual physical robberies will take place. Bitcoin could be a solution to that, as you can even just memorise your wallet recovery phrase (not recommended) and not have any physical devices when you travel around to carry your BTC.

however, this is not the only thing that bitcoin offers that can benefit many people, and 'save lives'.

The fact that bitcoin is a global currency and a decentralised store of value means that people that are living in countries such as Venezuela can now save up, and transact with something that is actually recognised as a form of payment internationally. There are no barriers for entry either. Compared to fiat currencies in hyperinflation mode, this is nifinitely better and can help a lot of unbanked, underbanked people and merchants.


Title: Re: Bitcoin adoption can save lives now!
Post by: Kakmakr on June 23, 2018, 09:41:22 AM
Yeah , crypto can be one of the solution to decrease robbery, but it will increase the hacking case, and not all people feel save to store their money online especially crypto, when you lost crypto by hackers, then there is no way for you to retrieve your coin

This is where the different strategies come in. You do not have to store your coins in online wallets. There are many cold storage alternatives for permanent long-term storage, like Paper wallets and Hardware wallets.

Everyone is walking around with a small percentage of their total Bank account in their pockets <in cash> and the same thing will happen with Bitcoin users. You only deposit a small percentage of your total bitcoins into a online wallet, linked to your phone for daily use and the rest will be stored in cold storage in another secret location.

Yes, criminals might target home users, but these people can hide their paper wallets and cold storage in other secure places. They can even leave fake paper wallets for events like this. <Giving a robber a paper wallet that only contains 1% of their whole hoard> How will the robber know how much bitcoins you have?


Title: Re: Bitcoin adoption can save lives now!
Post by: qwertyup23 on June 23, 2018, 11:47:35 AM
-SNIP
Criminals will definitely find a way around getting to your coins.
Yes, that's correct.
Even digital money there is a risk of your life not only physical money because as what have said the statement above of my post criminals will definitely find a way around and seeing which better a good to rob. Well, physical money is a high chance of getting rob compared to digital money but it doesn't mean that in that way people adopt bitcoin, there's another alternative way not to hold your paper money. Debit card and ATM maybe one of their option.

One of the quintessential elements of bitcoin is that its digitalized nature eliminates the need for a peer-to-peer transaction among users. Although this may be confused with credit transactions, bitcoin offers anonymity unlike other alternatives. Adapting into a digitalized form of payment may have its perks but criminals would exhaust all the means in order to scam money online.

Although having a digitalized form of currency may be beneficial, it does not completely eliminate the possibilities of crime as hacking is rampant currently. It is still better and suggested that you do not invest or transfer your money completely in order to lessen the risks of it happening.


Title: Re: Bitcoin adoption can save lives now!
Post by: code on June 23, 2018, 01:56:04 PM
if there is only a virtual currency - it will be under threat to the owners of private keys. bitcoin is really becoming a solution


Title: Re: Bitcoin adoption can save lives now!
Post by: Kakmakr on June 24, 2018, 07:51:51 AM
-SNIP
Criminals will definitely find a way around getting to your coins.
Yes, that's correct.
Even digital money there is a risk of your life not only physical money because as what have said the statement above of my post criminals will definitely find a way around and seeing which better a good to rob. Well, physical money is a high chance of getting rob compared to digital money but it doesn't mean that in that way people adopt bitcoin, there's another alternative way not to hold your paper money. Debit card and ATM maybe one of their option.

One of the quintessential elements of bitcoin is that its digitalized nature eliminates the need for a peer-to-peer transaction among users. Although this may be confused with credit transactions, bitcoin offers anonymity unlike other alternatives. Adapting into a digitalized form of payment may have its perks but criminals would exhaust all the means in order to scam money online.

Although having a digitalized form of currency may be beneficial, it does not completely eliminate the possibilities of crime as hacking is rampant currently. It is still better and suggested that you do not invest or transfer your money completely in order to lessen the risks of it happening.

You touched on a very valid point here. The Pseudo-anonymity of Bitcoin is also helping people from the threat of inside jobs in these centralized financial systems. Something that regularly happens now, is Bank officials working for criminal syndicates. You have an official working in a Bank and once someone enters the Bank to withdraw a lot of cash, they notify the syndicate waiting outside.

The criminals syndicate also have "inside" information on the Bank balances of the clients of that Bank. So they just kidnap someone in that family, because they know how much money that person have in his or her Bank account. 

Bitcoin is saving more lives by just being pseudo anonymous.  ;)


Title: Re: Bitcoin adoption can save lives now!
Post by: A Feeder on June 24, 2018, 08:09:21 AM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!
But still, the fiat moneys inside the banks need to be transported. I think the safest way to reduce the probability for such incidents is to fully adopt bitcoin. Which also means fiat money itself will be eliminated in the economy. To that end, I say condolence to those who suffered from the robbers.


Title: Re: Bitcoin adoption can save lives now!
Post by: tumokatok on June 30, 2018, 02:24:35 PM
Bitcoin has now grown since many merchants accept it as payment. But this does not mean we have to eliminate the fiat and use bitcoin and good realization. And bitcoin is not made to replace the fiat. This is primarily digital money and the ultimate goal is to ship to different parts of the world


Title: Re: Bitcoin adoption can save lives now!
Post by: zhekinsp on June 30, 2018, 02:28:35 PM
I really doubt that a real adoption can happen anytime soon, that is the main reason of why i think that a lot of things can happen ,but it will not happen soon

It will take time bro,when we compare the crypto currencies growth when some other invention this was much rapid grown technology it does't even complete a decade until now.In few more years more people will get adopted to the crypto curreny usage and in daily life for that we need to use them as a curreny not as an asset.Bitcoin have so many advantages than fiat and as well as some flaws too so it is our choice to which one to take.


Title: Re: Bitcoin adoption can save lives now!
Post by: Wyne on June 30, 2018, 02:49:54 PM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!
I agree with your idea that increasing bitcoin adoption today might save lives.  I also appreciate your thought on how bitcoin might reduce crimes related to stealing cash.   But I think, it cannot end this kind of crime as a whole.  This is because we are living in a world where bad people always find ways to victim other people.  They innovate their ways as well just to steal other's money but the good thing about your idea is nobody will risk their lives just to protect their/other's money from bad people.


Title: Re: Bitcoin adoption can save lives now!
Post by: Anthrlive on July 01, 2018, 11:47:42 PM
Wow, this post really shook me. We always talk about how impractical and old fashioned fiat currency is, but it is just words. It is truly terrifying to see people get in danger for just pieces of paper, when it could all be easily solved by digital currency. There are really no disadvantages, at least for well developed countries to implement crypto.


Title: Re: Bitcoin adoption can save lives now!
Post by: setialovers on July 02, 2018, 01:08:15 AM
With digital money on our wallet, peoples can avoid from robberies. Its can not avoid from hackers but at least it can avoid peoples killing others just for paper money. I am believe adoption on digital money can improve our quality life and can help our economy


Title: Re: Bitcoin adoption can save lives now!
Post by: Naughty Princess on July 02, 2018, 02:41:16 AM
Yeah , crypto can be one of the solution to decrease robbery, but it will increase the hacking case, and not all people feel save to store their money online especially crypto, when you lost crypto by hackers, then there is no way for you to retrieve your coin
I think there where increase the rate of cybercrimes because everyone is accessing on the internet and do a job there. Bitcoin can save life in a way that working and earning it gives unusual salary that you have to work long time in the industry but here only days counts for that. Everyone can used digital money and could not bring cash for their safe travel without worrying about the theifs.


Title: Re: Bitcoin adoption can save lives now!
Post by: BLAST2MARS on July 02, 2018, 02:58:37 AM
https://imgs.xkcd.com/comics/security.png
Source: https://xkcd.com/538/

People would still get robbed for their Bitcoins, People would just be threatened to either give up their private keys or to send money to the criminals.
Traders who did in-person trades via Localbitcoins have already been robbed.

Criminals will definitely find a way around getting to your coins.


This can happen but those robbers are much more exposed when stealing crypto than fiat. Every transaction that are done virtually will still leave a small track that can lead to them and getting arrested. It is address to address so the cybercrime division just need to examine those.


Title: Re: Bitcoin adoption can save lives now!
Post by: AriannaSantosUU on July 02, 2018, 03:10:58 AM
"A tyrant will do anything they can to pursue their tyranny." — Aesop

That said, even if you made one solution, another problem will rise or still remain. There is such a thing called cyber crime, and these criminals prey on naïve users on the internet like scamming them in various ways. You'd be surprised how some people still fall for it.

Well, atleast nobody gets killed, but still.

The only thing we can do is to prevent it from happening. Crime and evil will never go away.


Title: Re: Bitcoin adoption can save lives now!
Post by: gabmen on July 02, 2018, 07:58:44 AM
https://imgs.xkcd.com/comics/security.png
Source: https://xkcd.com/538/

People would still get robbed for their Bitcoins, People would just be threatened to either give up their private keys or to send money to the criminals.
Traders who did in-person trades via Localbitcoins have already been robbed.

Criminals will definitely find a way around getting to your coins.


This can happen but those robbers are much more exposed when stealing crypto than fiat. Every transaction that are done virtually will still leave a small track that can lead to them and getting arrested. It is address to address so the cybercrime division just need to examine those.

Well this has happened before with people being forced to withdraw btc at gunpoint, some even were kidnapped. Eitherway,  it would be easier for robbers to get money from fiat that crypto as the effort and risk would be more than double.


Title: Re: Bitcoin adoption can save lives now!
Post by: bright4mech on July 02, 2018, 08:29:15 AM
Bitcoin has saved many life today, in the name of cashless movement, which has been make every one that uses bitcoin rest of mind from robbery attack, therefore bitcoin is simply known as a digital money, that can not be disappointed.


Title: Re: Bitcoin adoption can save lives now!
Post by: Blondy12 on July 02, 2018, 08:39:33 AM
This is what i like the most using bitcoins, the advantages, benefits and security we can get from it. Though in my country bitcoin is not that popular yet and we can only use bitcoin by doing transactions in money remittance and bills but hopefully in a long run there are also establishment that will accept bitcoin as payments.


Title: Re: Bitcoin adoption can save lives now!
Post by: silviyako on July 02, 2018, 02:38:38 PM
yes with less cash there will be lesser cash robberies and death, but eventually this criminals will adpat, and may target that are openly involved in bitcoin transactions like maybe a store that says it accepts bitcoin


Title: Re: Bitcoin adoption can save lives now!
Post by: tungnhapchanvui on July 10, 2018, 09:10:40 AM

exactly! Because Bitcoin is the future of world currency


Title: Re: Bitcoin adoption can save lives now!
Post by: BelieveInBTC on July 10, 2018, 09:19:39 AM
yes with less cash there will be lesser cash robberies and death, but eventually this criminals will adpat, and may target that are openly involved in bitcoin transactions like maybe a store that says it accepts bitcoin

People will still mug others. They would still your phone because they would know that you had a Bitcoin wallet installed on your smartphone. Fake stores are already a thing, mostly on the Internet and many people got scammed in a such way.

The biggest advantage is that we won't need ATMs and banks where you can deposit and withdraw money. Less risk for people who work there.


Title: Re: Bitcoin adoption can save lives now!
Post by: bitbunnny on July 10, 2018, 09:35:19 AM
That Bitcoin is saving lifes sound a bit exaggerated, I wouldn't be so dramatic but I agree that Bitcoin can help many to get better financial situation and to organise their life different.
Still Bitcoin is not fully available and especialy not to people in need.
Regarding security this is also something to discuss. Yes, Bitcoin alowed cashless payments but the same thing is enabled with cards.
I agree that Bitcoin has done many positive changes but we have to be realistic in the estimation of their impact.


Title: Re: Bitcoin adoption can save lives now!
Post by: Cryptosis on July 10, 2018, 09:52:24 AM
In counsel I credit this crunch faculty not be resolved whether what we diversity is the process movement the application of chips into bitcoins. over whether chips does not predominate anymore, so the criminals faculty chase bitcoin


Title: Re: Bitcoin adoption can save lives now!
Post by: Hitesh shaveta ohri on July 10, 2018, 03:42:31 PM
It is mostly digitalisation though not just bitcoin. for example when we use our bank cards (debit cards?) instead of cash that is similarand to do with bitcoin.


Title: Re: Bitcoin adoption can save lives now!
Post by: HertzCoin on July 10, 2018, 05:26:48 PM
yes with less cash there will be lesser cash robberies and death, but eventually this criminals will adpat, and may target that are openly involved in bitcoin transactions like maybe a store that says it accepts bitcoin

People will still mug others. They would still your phone because they would know that you had a Bitcoin wallet installed on your smartphone. Fake stores are already a thing, mostly on the Internet and many people got scammed in a such way.

The biggest advantage is that we won't need ATMs and banks where you can deposit and withdraw money. Less risk for people who work there.

There are various kinds of protection which can prevent from stealing data from a smartphone. At least, even now most smartphones have passwords and fingerpring protection which are pretty difficult to hack. Most likely, street robberies will be replaced with digital ones and hackers will be attacking some intermediary services such as MyEtherWallet.


Title: Re: Bitcoin adoption can save lives now!
Post by: ajpandey on July 10, 2018, 07:07:45 PM
Thank you for the explanation.  It really helps the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.


Title: Re: Bitcoin adoption can save lives now!
Post by: Simon241084 on July 12, 2018, 10:56:59 AM
It is mainly digitized. The problem is that people will continue to use cash, which will not solve this problem. at least for many years.


Title: Re: Bitcoin adoption can save lives now!
Post by: anushkasachith888 on July 12, 2018, 11:20:45 AM
Then what about hackers? They are also criminals. cybercriminals. Criminals are smart, that's why they exist. they always find a way to do their nasty stuff. However, I admit digital currency usage is easier and safer. But accidents also can occur anytime anywhere. you can't stop it.


Title: Re: Bitcoin adoption can save lives now!
Post by: Shenzou on July 12, 2018, 11:40:15 AM
It is not just bitcoin, using digital currency will decrease the amount of robberies overall, but using cryptocurrency will deny it completely, having credit card is still going to compromise you but cryptocurrency is just beyond that, thieves are not that smart to be able to hack accounts and servers to steal people's money, people need to understand and know what the cryptocurrency is all about and know that it is more than just an investment because its true form and its true meaning is obscured by the media.


Title: Re: Bitcoin adoption can save lives now!
Post by: Nolimitz84 on July 12, 2018, 01:06:58 PM
How would we not like crypto-currencies in any case, people and countries will use fiat money. Yes, the value may decrease but it will not completely get rid of fiat money. And the fact that a person has died is certainly very bad. Because of some papers, a person has committed murder is not humanely at all.Maybe it would be better if large amounts of money were not transported in trucks and transferred from one organization to another with the help of bitcoin. The idea is very correct. I support


Title: Re: Bitcoin adoption can save lives now!
Post by: renz0 on July 12, 2018, 01:33:16 PM
Even if bitcoin is adopted legally worldwide still we can't control these incidents because fiat money won't be totally wiped out since it is our regular currency. And because bitcoin use is not fully utilized we still need cash to purchase goods or things which can't be done with bitcoins.


Title: Re: Bitcoin adoption can save lives now!
Post by: shesheboy on July 12, 2018, 01:39:28 PM

what if bitcoin is not adopted on some countries? does that mean those people living on that country can be easily died or killed ? lol , that is insane then . anyway , i dont really think that bitcoin adoption or bitcoin legalization can save lives but intstead it can only improve the way people live because when people start to use bitcoin , he can then become more productive  and he can also develop good habits , etc . there are still lots of positive effects that a bitcoin can do to a person . but bitcoin cannot save a life because it is not a food , a shelter , a  medicine  , a god , etc...


Title: Re: Bitcoin adoption can save lives now!
Post by: princebridge7 on July 13, 2018, 04:06:49 AM
probably in Africa has not evenly discharged its debit card using digital money like Master Card or Visa.

it could also happen when there are some ATMs are empty in the cash content and in the way of robbery, Bitcoin can be done in a way to be a lot of ATMs there but for now Bitcoin also must have an exchange with FIAT which allows the charging cash into every ATM like do in the above earlier.


Title: Re: Bitcoin adoption can save lives now!
Post by: BlasterS on July 13, 2018, 01:24:20 PM
There’s a possibility that adopting bitcoin can save lives now
because the company of bitcoin is helpful to the people who wants to be a part of their company to become their invertors who earn a good amount of income.


Title: Re: Bitcoin adoption can save lives now!
Post by: kofibee12 on July 13, 2018, 01:41:02 PM
It is true that bitcoins adoption can saves life but it will take several years for government to adopt it as a mainstream legal currency. This is the positive side you are talking about but the naysayers will talk of the negativity of bitcoins as a hindrance to bitcoins adoptions.


Title: Re: Bitcoin adoption can save lives now!
Post by: Prince Malik on July 13, 2018, 01:44:36 PM
Yes with bitcoin you can Transfer millions of dollars without the need to leave your house While governments need security and expensive machinery to transport this kind of money


Title: Re: Bitcoin adoption can save lives now!
Post by: Mind Control on July 13, 2018, 04:09:12 PM

Agreed, but adoption of Bitcoin will reduce "Cash" on your premises and this will reduce cash transports. If you were a robber and you had to chose a target between a merchant that are cash only and another merchant that has a "Bitcoin accepted here" sticker in the window, which one will you target?

I'd go to the merchant with "Bitcoin accepted here" sticker. Robbery, well for pros, always have planning before they go robbing any banks or merchants. They familiarize themselves on the establishment, where to go, where are the money, etc. So if a robber will rob a merchant that accepts Bitcoin, he has to know where the device and what device to take. This may sound absurd but having Bitcoin instead of cash is very much profitable for the robber ::) ;D


Title: Re: Bitcoin adoption can save lives now!
Post by: Leezee on July 13, 2018, 04:24:55 PM
A friend of mine in South Africa phoned me yesterday and informed me that another person died yesterday in a cash-in-transit heist. These robberies have increase significantly in the last couple of months. See link below :   

https://businesstech.co.za/news/banking/246259/there-have-been-135-cash-in-transit-incidents-already-in-2018/

https://image.iol.co.za/image/1/process/620x349?source=https://inm-baobab-prod-eu-west-1.s3.amazonaws.com/public/inm/media/2018/02/19/iol/176/0333db3c-eea6-4a9d-9b72-fd27ef4d1c66.jpg

This got me thinking, Why do security guards and cops and sometimes even civilians have to die for other people's cash?

The current Fiat system increase the probability that people have to die, because cash have to be moved from one location to the next and merchants need to have cash on site for their business.

How many clerks working at merchant locations have to die for their owners cash? <7Eleven / Corner shop / Malls>

Bitcoin can reduce this today!

The adoption of Bitcoin remove the need for cash on location, so the robbers have no need to hurt or kill people to get to the cash. The bitcoins received can be deposited directly into a Bitcoin address at a safe location or at a third party payment processor and transferred electronically to your Bank, if you want to convert to fiat.

The employee or clerk working at your shop cannot steal your money or be in danger, because he or she does not have physical access to the money/bitcoins and this money does not need to be transported, so the security guards are not needed.

Let's increase Bitcoin adoption today, and save lives!
actually i have been an advocate of digitalization, because we will save ourselbes a lot of troubles while we prosper