Bitcoin Forum

Without air and water life no worka.

P2P commerce is also essential.

Past human history is checkered with currency manipulation and conflict..

Enter a new element for humanity; trustless p2p currency, globally decentralized...

Something humanity has been craving since the dawn of human history.

 8)

Bitcoin and cryptocurrency has been filed with manipulation and conflict! We've seen fraud, theft, in-fighting, consolidation of mining operations, blockchain hijack attempts (in the form of forks), and more theft. There's nothing about cryptocurrency that is inherently peaceful or humane.

Cryptocurrency/blockchain offers more freedom to users. We are no longer controlled by an intermediary called a bank, we are the managers of our own financial system, if we want to be. It's in that freedom that come greater choice and control, but it also requires greater knowledge of how the system works and the risks involved.

I appreciate your positivity, but let's be honest here. Cryptocurrency is like the wild west!

Will the capitalism die with decentralized currency? No because most of the decentralized currency were devleoped by corporation and slowly by banks. There will be always manipulation with the price of crypto even though the supply might not be manipulated. There will be more and more entities who will take commission from each crypto transaction in near future.

There is no logical comparision between bitcoin and air,water.

Sure but it appears that Bitcoin has weathered the scams, fraud, whale manipulations.
The open source characteristics mean that the fundamental algorythm is going to evolve with improving technologies. as we are currently witnessing.
Humanity and the entire planet is in dire need of a new existential element which provides honesty, accountability, and quality contols.
I'm observing how Bitcoin may indèed be this transformative element. Humanity has not seen this before.

In short nothing is perfect everything has its own pros n cons including bitcoin. There are few features that are intrinsic to bitcoin only like peer 2 transaction, access all the time. While fast transaction rate is still in the hands of fiat.ò

Bitcoin is a new element for humanity and the planet, I'm not sure any comparison can be really made based on anything we already know.
My intuition says bitcoin is a complete game changer. (Similar to how Tesla is rewriting the automobile industry)

don't forget the existence of the sun.
all need and interdependence with one another to produce amazing things.
crypto and FIAT are 2 different types but are side by side despite a lot of friction.

This is somewhat a scientific approach towards physical matter and with human created digital currency. With fiat it's the same with an existence of the sun, water, and air we can see it and feel it physically.
Bitcoin as virtual currency won't be seen if there's no running power from electrical energy, and when everything was starting up at 100% energy, there it goes blockchain network will operates infinitely.

I think that influential people and corporations are already monitoring the development of the cryptocurrency market from a distance, and as soon as the cryptocurrencies begin to somehow influence the global economy, they will take them under their control. You need to understand that where there is money and masses of people, there can not be without manipulation. Comparison with water is not very clear.

Bitcoin has become valuable over the years, because it was useful in commerce, a peer to peer electronic cash. Now that bitcoin isn't as useful in commerce, and is losing it's utility as money or currency, bitcoin proponents shifted the focus from P2P electronic cash to P2P electronic store of value. therefore bitcoin is a store of value and that it is for HODLing. In my opinion If bitcoin had value because it was useful in commerce, now this usefulness has been removed, but nothing changes. Bitcoin basically has value because it has Intrinsic value, Maybe because for technology behind it.

I think the problem has and always will be automation. The smarter that we become as a species, the more advanced and sophisticated our tools start to become. This trust-less Eco system is handled partly by automated processes. We've come to rely on computers and internet connectivity in order to pull it off. I don't think Bitcoin was really possible before their were computers. It was only a matter of time before some kind of automated platform and system emerged that would make transactions faster and digital.

Air and water is surely essential for all of us if neither of the two exist we will surely perish in the end what I mean is we can not essentially lump Air and water to Bitcoin as a needs it is OK if someone doesn't have Bitcoin they can surely survive but I get your point that many people nowadays surely is treating bitcoin as a sure demand and we can sure relate to this because the era of digital currency had boomed to a different level, just like what happens to mobile devices people tend to depend on handheld devices nowadays.

I don't get your point.What's the connection between air,water,p2p commerce and decentrlaized trustless p2p currencies?
Do you really think that humanity has been craving for p2p cryptocurrencies since the dawn of human history?This is ridiculous.You thread is all over the place and lacks any thesis.What exactly are you trying to say?Explain more and use Google translate,if your english is broken.
Blockchain and peer-to-peer technologies are becoming way more clean and safe for the environment,so we don't have to worry about air and water.

I was reading others thought about this looking for the connection between air, water with Bitcoin. Air and water are elements that is needed for us to survive. We can't live without them but bitcoin, we can still live. Bitcoin is now playing an important role for us but others haven't realized it yet. I can't find the relationship between them. We can't say that Bitcoin can be a new element joining air, water and such. And actually not everyone is craving for it. For us, we want it but others don't want it. They're still fine with fiat.

I am not really sure what you mean above. Your title seems to compare air and water with Bitcoin. But I don't see the specific explanation about Bitcoin on the content.  

Let me try to give my opinion.
Of course, Bitcoin is an important thing for us. However, I am not sure if air and water are comparable with Bitcoin. Not all people have utilized Bitcoin, they have no problem to live. While air and water must be consumed continuously, we cannot bargain to not use them. Once you leave them, it means you end your life. You should understand what I mean.  ;)

Who would have thought of that, right? Bitcoin so far may not be as a necessity like our basic needs because we are still using our local currencies. As to the investment and financial side, bitcoin is a necessity. Just like the days when we all know are what we have usually use or do. Imagine the future of what will the financial society would become. We are in a digital base world and eventually we cannot refuse it. So as early as now, its better to adopt it more each day.

Let's not take it literally mate ;D. I think what OP is trying to say is that we should now start give more attention to bitcoin and include it on our daily lives :) (just my own interpretation tho ;D). Anyway, aiming for mass adoption and put btc into mainstream is so eady to say but almost impossible to do. That's so sad but true, however, I'm still hoping that it would do come true :).

That's right your thinking it literally in which he/she is saying that we need to be more essential on using bitcoin to our daily lives in order for it to be more essential to our lives and to other people, we all know that the bitcoin is currently also in the mainstream right now in which many people are talking about it and everyday there are thousands of people that are entering and searching about it on how it is working. Bitcoin adaptation may really impossible right now because we can see that there are still a lot of country and government that are not capable on agreeing on it as well with the cryptocurrency so it would be better if the adaptation will be just start on ourselves.

Hate to break it, but it is irrelevant here.

It is true that bitcoin was created keeping in mind that central institutions control the monetary balance which needs to be changed. But you never know that OTC deals being made manipulates the market to what extent. Though it prevents corruption, but the corrupted officials would not use it at all

It is not comparable to air, water - that analogy. Those are necessities to sustain life. Money is not whatever form it may be.

No. They were craving for women. :D

Actually its not a valid comparison. We cannot live without air, water and an energy source like that from our local star, but we could live without money.

History shows we used to trade things without money, but this wasn't too practical until "precious things" (rare) came around, then we could trade more easily. The concept of money due to practicality, originally it was the precious metals themselves, but then goverments happened...

The older cases of inflation were very physical. Romans when troubled by budgetary reasons (the usual) started reducing the amount of gold of each Dinar which prompted their hyperinflation later and an emperor even resigned (for the first time in their history).

But then paper "representing" those metals started being used, and the stage was set for the fractional reserve scam.

Bitcoin undoes this later part, in fact bitcoin doesn't even pretend to represent any arbitrary amount of metal, its price is freely decided by the market by its usefulness alone, so you could say its price is "honest" since you don't have to trust any third party to fulfill a promise of value. So while its not pegged to anything, it also is unique and limited. On top of that its electronic, so even easier to trade with.

Right now we cannot even begin to imagine all the evolving possibilities.

Maybe as technology evolves and becomes more powerful, every handheld device will have the capability of ruñning a full bitcoin node.

Information carried by each bitcoin transaction is like to increase exponetially as the technology improves.

We are already on the cusp of seeing dumbshit drivers removed from the highways with rapidly evolving self driving technologies.

I highly believe that these are natural necessities but to incorporate p2p decentralized currency isn't really making it a good point because people could still live without bitcoin and cryptocurrency. Even in cash, early people just trade using objects and because of regulation, they need money, which everyone agreed to have. Imagine if there isn't regulation at all, no money will revolve to run the world. But for now, it just became a necessity as they take it seriously, without money, you can't live. Without crypto, your potential to live a good life in the future will be less possible.

Because when we talked about cryptocurrency, the first thing that they will think of is money. If that happens that when bitcoin will become so adopted by our society, it will become a necessity just like a simple dollar. And the first thing who will do the action is the government. They will take responsibility of manipulating cryptocurrency and that's for sure.


He compared it into water because it can be a factor in surviving our daily lives. Government will always manipulate how the cryptocurrency moves in its society, because they want to have a part or share in this kind of adoption and it will serve as their taxes or fees in exchange as people in its country uses bitcoin in many transactions.

A very top question this is for defining or comparing, maybe you cannot compared to Bitcoin to our necessities, two minutes without air a person is dead, seven days without water a person is dead while Bitcoin is not a necessity this is a wants

Bitcoin is really a great idea and kudos to Satoshi Nakamoto for coming up with such a wonderful idea that is seriously changing people’s lives and the way we do things this time around. Bitcoin has really helped a lot of people and that includes me to be able to get off poverty. The moment I discovered Bitcoin and got serious with it I was able to discover a lot of ways that helped my life, though some of those opportunities are no longer available, but I’m happy that it once did and I was lucky to have taken that opportunity.

I agree because money is very useful and powerful now.  Without it, it will be hard for us to live a happy life. But that doesnt mean that without bitcoin people cant live because to be honest bitcoin wasnt exposed yet to sll people.  There are still people who dont know what bitcoin is and how it works but still they live in this world.

Yes, i can understand that without air and water, life would not work but does it have any connection with bitcoins?
We can survive without bitcoins also as bitcoins only are a mean of financial transactions and that would not come under the basic utilities or basic requirements of the human nature.

Indeed, even though the form of currency changes, the very foundation of the system is very deeply rooted.  Manipulation and conflict had always been around in the human history that is why even this cryptocurrency that promised decentralization cannot escape the fate of being manipulated by developers and whales.


No there is no connection.  People's lives will go on even without Bitcoin. And even the financial institution does not need Bitcoin to thrive.

Still Bitcoin not in list basic need,Bitcoin importance in crypto is like air,water for life and if Bitcoin vanished from he crypto the altcoins will automatically vanished.

Bitcoin is growing in all sections like adoption,demand is also increasing. In future when Bitcoin accepted by a tuck shop to Big supermarket than we can say that now Bitcoin is basic need. Future technology changing rapidly and surely Bitcoin will take place in financial market around the world.

All life is carbon based, so CO2 is essential for life, but we are trying to ban it. Money is a convenience to replace barter, but it is not essential to life. Just like capitalism, the Central Banks have sucked all the capital out of the economies, so capitalism no longer exists in most of the modern economies. Bitcoin may represent a way to regain some of our capital, but I don't think that it will be a able to replace the fiat payment services. You only have to look at the failed EU and its Euro, to realise that a single currency cannot serve diverse economies.

lol, has anybody added rumors and hypes to the list of essentials?

Without carbon or CO2 people can't live although have many bitcoin assets in their wallet, but is not important way to discuss in this forum but how to know with bitcoin become most worth assets investment at the future, just hold bitcoin and wait tomorrow bitcoin raise to higher price or not.

Bitcoin hasn't reached the level of being a basic need of life. Bitcoin is technology backed asset that has gained value through its continued usage through years. For some reason it serves to be an alternate to the banking system and the traditional fiat. Maybe in the future we can expect bitcoin to get added to the list of basic needs of life.

A quite controversial analogy from Op.  air and water are the essences that are very important for human life when compared to it does bitcoin have an urgent position?  I think not, as many members said above, BTC is like a wild forest and has not been adopted as a whole, there are pros and cons.  Humans can still use fiat, while air and water have no alternative.  Although BTC is a form of evolution of the financial system, it is not as urgent as air and water.

I do not know if "a trustless p2p currencies" are one of the basic needs that we have to have for survival, but it is definitely one of the more important needs we have to get to pay for these basic needs. A lot of poor people live from hand to mouth and the (Fiat) money that they do get are being absorbed by inflation. (putting less value for their money into their pocket)

Inflation are being manipulated by governments and hyper inflation are killing people. (They cannot buy food) So, we need a trustless p2p currency that are not manipulated by governments and that actually increase in value. (putting more value into poor people's pockets)

Bitcoin is of course a genius creation but putting it alongside air and water is too much exaggeration. Bitcoin is just a product of an era of circumstances unique to a certain age. Sooner or later, Bitcoin will pass and another one will take over. That is always the cycle of human civilization.

Cryptocurrency is still subject for manipulation, so even if this is something that we crave for, we need to support this technology, even if this is manipulated, everything here in this life is subject and can be manipulated, it's some manipulation are evident or obvious and some others are not, but this is the technology that we need to support it's something new and something we need in this present generation and the generation to come.

Indeed, the exaggerating point of air and water along with bitcoin was it became a basic commodities of human in the future. The reality of time was educating us to use digital currency as our mode of payment, and this is now typically being patronized by several businesses who had choosen bitcoin as one of their currency. The uniqueness of cryptocurrency is making our lives more easier, and to compare it with fiat transactions It think everything is a package.

Agreed. And to those that deign to say we could one day transfer our consciousness onto a computer chip and create an AI software to mimic our minds, we would still need a source of energy to power that, and for as long as entropy cannot be reversed, we are doomed to extinction in whatever means we live, organic or otherwise.

But money is the one invention of man that enabled commerce -- and perhaps one we no longer can do without, but it is not a concept that is guaranteed eternity. Already I read of places that have forsaken money and returned to barter. Perhaps some day, even private ownership will be obsolete.

Until then, Bitcoin is the better money.

Air, water or whatever given by natural it won't compare with money. We need some basic support for live alive, like water, air, sun and so on. Once upon a time there was no any currency that time also people live somehow. But day by day history is changing. We are upto now on P2P digital currency called Bitcoin. We don't know exactly what is wating on future. Who know perhaps some will create something more latest technology than Bitcoin. But we should accept that Bitcoin has created a revolution on financial ecosystem. However, it cannot be compared to nature.

i love the positivity on your part mate thats why you come to this conclusions but i think it is more essential not to compare Bitcoin to the Natures given to us like water and Air(lets add earth as well because human cannot live with water and air only)

Bitcoin is material thing that can be replaced in any chance because there will some other things that will come out in future,but water ,earth and air will never be replaced and that is reality of life.

but yeah Bitcoin will be needed today and specially in the next 10 years.

I get your point about p2p, decentralization, and all other transactions that involves money, e-commerce  and financial advantages, but comparing It to air and water is completely out of context. First thing comes to my mind after I read your post is the level of greed that taking over your whole body and soul. You are the kind of person who will trade nature over the latest and high technology without any hesitation.

Incase you forgot your history. People from the past 500 years or so live without a piece of money.

I am also still very positive about Bitcoin but I would agree, I myself being a victim of hacking and theft, have lost a lot of my hard-earned money to cyber and Crypto criminals. I have lost more from criminals stealing my Bitcoin and other coins than I have ever had with real-life FIAT. Having said that, I am still a big advocate of decentralization and would not change being a part of this movement. I just wish there was less criminality in this space and ardent greed. There is just too much of it right now to attract the average Joe to come in and mass adoption to take place. We need more safeguards for that to happen.

And what made you so sure that if in case that happens, it would still be bitcoin? A lot of things can change in very little time and the use of btc may be obsolete with fiat working with another kind of online currency. Too much bias on bitcoin or crypto in this. Bitcoin is necessary, but we can live without it.

How did you get to that conclusion based on what that person said? How do you know they will trade nature for technology. I think many people would do that anyway. They do not think it out.
There most certainly was money 500 years ago. I was in the form of rare metals minted into coins. Money has been a concept since the medieval times and before then we would trade. Trading is sort of like money but is very limited and that is where the coins came in. You also would not have to carry much around with you in order to trade just a pouch full of coins. Instead of a whole caravan full of goods to trade. I know salt and spices were also traded frequently.

If you talk about being safe, I don’t really think that cryptocurrency is 100% safe as some people think it is. The only good thing about cryptocurrency is that it gives us freedom, apart from that freedom if you talk about security , it is good but not completely perfect.

We know for sure that Bitcoin has been manipulated a lot of times and apart from bitcoin, other cryptocurrencies in the market are not an exception, they have all been part of it. I have even seen people that believe that Bitcoin can help stop crime seriously, there is nothing like stopping. Bitcoin doesn’t do magic, it won’t magically make the economy better or stop crimes and make the world a better place. Making the world a better place is up to us.

Well, you've answered your own question. See, "many people would do that anyway". Comparing the nature's essential characteristics to a technology is simply a sign of greed.




The idea of making a coin to use it as a primary medium of trading in the medieval period is still irrelevant in the list of how necessary is the air and water for the people. But before this precious rate of metal was discovered by humanity, their trading system was based on barter trading, where supplies will be traded for another supplies.

This is absolutely right and also, as we can see how the effect of bitcoin and other cryptocurrency made a big difference and influence to many people on how they get rid of their financial problems.We also see how many problems and hindrances come but this not block the goal of technology, to help and give opportunities to have some money to use in our daily lives. We become free from the banks who controls the money and financial system of our own country. We also gain knowledge out of it on how we become more wealthy in investing.This is the new beginning for us to do what we want, and to have what we want.

This is the first time in human history the existence of p2p currency incorruptable by government.
It is a human culture game changer.

I wouldn't go that far and say that Bitcoin is imperative for our existence. We as humans can adapt to almost anything, but we need time. Bitcoin would be an enormous upgrade to our way of living and greatly improve the transparency and efficiency of all the industries out there, thus we need to make our best efforts to accelerate its adoption & implictly the implementation of blockchain technologies.

Man, the majority of the country is welcoming bitcoin, and you can freely use your bitcoin there. No banks and government are criticizing the bitcoin LOL. Bitcoin is widely accepted today, and a lot of businesses are accepting it, especially the online business, It's just like real money LOL. The government is still taxing the businesses that are using bitcoin (legal business/registered), and people are free to use it. There's no checkmate capitalism shit here, both types of currency are working perfectly, and I think they are just doing fine.

I do not completely get your idea of human culture game changer? Are you talking about the shift that has occur over the period of time that has involved people in trading with digital currency instead of fiat currencies? Or you are talking about the shift as you said for the first time p2p currency has been declared trustworthy by the government? How it has been honest or trustworthy?

You can blame peoples greed for that. People who fall for scams and the like just encourage the criminals even more. The way some people blidnly follow links and then wonder why their funds are gone. Mostly is is people not being responsible that get hacked and have their funds stolen. Any crack you leave the criminals will come in and take. It isn't always the victims fault though, sometimes you get really vlever criminals but on average they pretty stupid.

I'm sorry to let you know that Bitcoin has not really gotten to the level it can be compared or associated with air and water. Air and water are the basic necessities of life and without these two, life can't be really possible. Bitcoin on the other hand is not the basic necessity of the financial ecosystem and not everybody in the entire knows about Bitcoin. Bitcoin has a long time to be classified as a basic necessity.

Sure, bitcoin ain't there yet. Opperative word being 'yet'.

The internet itself is still relatively young and evolving rapidly.

I be a boomer and still remember telephone booths, home milk delivery, and life before plastic straws.. ;D

Sure more things aint there? Is it? You can keep speculating and thinking more and more but you would be wasting time because you are not the ones developing bitcoin core. What needs more work in the adoption of bitcoin use by public and merchants accepting bitcoin. This is still very cultish and needs more honest entrepreneurs and not shitcoins that are pump and dump. Apart from the fact that it is rare to find such projects.

Is that not applicable to everything that you can think of? Your judgement is clouded by biased opinions. Not saying that bitcoin would not be big, but the mode of making a conclusion from your side is wrong.