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Bitcoin => Bitcoin Discussion => Topic started by: talkoncrypto Official on October 19, 2022, 05:23:25 AM



Title: How would the world be if Bitcoin wasn't created
Post by: talkoncrypto Official on October 19, 2022, 05:23:25 AM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created



Title: Re: How would the world be if Bitcoin wasn't created
Post by: EarnOnVictor on October 19, 2022, 05:38:40 AM
Bitcoin has come to help and stop most of the overbearing and controlling attitudes of banks and governments to bring more equity to investments and payments. But I don't agree with most of what you have expressed above, while some are just being over-emphasised by you as the world's financial activities have been working well even without BTC. What BTC does mainly without overstressing things as you did are two and are as follows;

1. It helps against the centralization of its financial activities thereby giving more privacy and higher authority over your money/assets.
2. It lowers transactional fees to a bearest minimum.

Anything aside these will only give room for debates.



Title: Re: How would the world be if Bitcoin wasn't created
Post by: talkoncrypto Official on October 19, 2022, 05:43:24 AM
Bitcoin has come to help and stop most of the overbearing and controlling attitudes of banks and governments to bring more equity to investments and payments. But I don't agree with most of what you have expressed above, while some are just being over-emphasised by you as the world's financial activities have been working well even without BTC. What BTC does mainly without overstressing things as you did are two and are as follows;

1. It helps against the centralization of its financial activities thereby giving more privacy and higher authority over your money/assets.
2. It lowers transactional fees to a bearest minimum.

Anything aside these will only give room for debates.




Sir you are mentioning attributes of Bitcoin, where as i posted about the characteristic features  without Bitcoin ...


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Poker Player on October 19, 2022, 05:49:26 AM
Speculating about what would have happened if what happened had not happened is part of philosophical thinking. You are not going to reach any conclusion by understanding conclusion as something derived from a scientific reasoning process.

So I leave you to speculate about the counterfactual you propose. I prefer to focus on what is happening in the world today and what may happen in the future.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: talkoncrypto Official on October 19, 2022, 05:55:09 AM
Speculating about what would have happened if what happened had not happened is part of philosophical thinking. You are not going to reach any conclusion by understanding conclusion as something derived from a scientific reasoning process.

So I leave you to speculate about the counterfactual you propose. I prefer to focus on what is happening in the world today and what may happen in the future.


These are not speculation , These are real time observations ... Which one you think is a speculation


Title: Re: How would the world be if Bitcoin wasn't created
Post by: cryptoaddictchie on October 19, 2022, 05:55:29 AM
Personally if bitcoin didnt exist Im not sure what would be my life. But since I learned and being associated with it, I confirm that its one of the best association or thing that happened to me. I am indeed a professional but doing my thing isnt enough and I have an urge to learn new things and luckily I found about cryptocurrency. Really big help not only on financial but also healthy to adopt new tech in our life.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: davis196 on October 19, 2022, 05:59:19 AM
Quote
2) Govts and Banks would have taken full advantages during pandemic

What are you talking about? What advantages during the pandemic? The governments got into bigger debt and the central banks printed billions of fiat money. Online banking got a short term advantage, but now the pandemic is pretty much over.


Quote

4) The excitement to grow money 10-20 folds would have not existed ...

The excitement of growing your money 10-20 times existed way before Bitcoin/crypto. People, who had developed successful companies or are really successful at playing poker have witnessed 10-20 times increase of their wealth.

Quote
5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

Who cares about Saylor and Musk?

Quote
6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

I'm sorry to say that, but nobody cares about Satoshi Nakamoto, except a bunch of fanatic diehard Bitcoiners, who think that Bitcoin is the best thing invented since bread.

In summary, almost nothing would have changed in the world, if Bitcoin wasn't created.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Strongkored on October 19, 2022, 06:29:50 AM
If Bitcoin wasn't created then what you mentioned wouldn't have happened nor would altcoins have appeared thus creating a lot of news about crypto hacking.
But I'm grateful that Bitcoin exists because it has quite an impact on my life because through Bitcoin I understand about investing and how important it is even though it's not just doing it in Bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Accardo on October 19, 2022, 06:35:14 AM
Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Kakmakr on October 19, 2022, 06:58:01 AM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created



You are giving Bitcoin too much credit for things that has not been pioneered by Satoshi Nakamoto...

Take decentralization as an example ..... It has become popular to decentralize "clients" or "servers" to enable people to share content over the Internet for years.. a lot of torrent sites use decentralized "nodes" or "clients" to make it difficult for authorities to stop them.

Napster was one of the first services that was developed for people to share MPs files (music) ...but it was taken down and then more decentralized projects followed Napster's P2P file-sharing example, such as Gnutella, Freenet, FastTrack, and Soulseek.

So Satoshi Nakamoto only borrowed from previous projects that used "decentralized" nodes to protect it from being taken down.  ;)


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Charles-Tim on October 19, 2022, 07:45:41 AM
In summary, almost nothing would have changed in the world, if Bitcoin wasn't created.
You are wrong. Example, read what cryptoaddictchie posted. Let me quote it below:

Personally if bitcoin didnt exist Im not sure what would be my life. But since I learned and being associated with it, I confirm that its one of the best association or thing that happened to me. I am indeed a professional but doing my thing isnt enough and I have an urge to learn new things and luckily I found about cryptocurrency. Really big help not only on financial but also healthy to adopt new tech in our life.

Many people that are worth millions and billions today won't worth it if bitcoin wasn't created. Many lives that supposed to be living just average or in poverty becomes better and having a better life.

You are right that bitcoin is not the only asset that increased 20x, but it actually grows 1000x. Does that mea nothing to you? There are many crypto businesses today, helping people and economy. Does bitcoin creation, directly and indirectly creating ways for more employment means nothing to you?


Title: Re: How would the world be if Bitcoin wasn't created
Post by: TravelMug on October 19, 2022, 08:09:14 AM
I think the economic freedom  that bitcoin or crypto has brought to many of us will not be there. I mean we have seen and heard people becoming rich specially those early birds, who bought bitcoin when it is still cheap and just hold on it for years.

And for the majority of us, like me who join in 2017, still bring some good profits and like i said, I have freedom to buy what I want because of the money that I profited.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: CryptoBuds on October 19, 2022, 08:15:29 AM
As an employee like me, I never thought that I would become rich with my monthly salary. Before I didnt know bitcoin, I worked almost hard and waited for payday I try to save every month with a savings account in the bank and my biggest goal is to buy a house after 10 years of work. But really luck came my way when I learned about bitcoin my income increased faster and can say I reached my goal in a shorter period of time. Besides, thanks to bitcoin, I understand the risks the bank will pose to me, the devaluation of fiat...actually bitcoin has made me a completely different person not only in terms of income but also perception of the world the government has been trying to deceive us for years.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: cryptoaddictchie on October 19, 2022, 08:20:18 AM
You are right that bitcoin is not the only asset that increased 20x, but it actually grows 1000x. Does that mea nothing to you? There are many crypto businesses today, helping people and economy. Does bitcoin creation, directly and indirectly creating ways for more employment means nothing to you?
Yes it does 1000x or more but during that time I didnt acquired it on that lowball price. But thats fine, having a fractiom of it always means something. Yes that true, with bitcoin help, a lot of companies were able to expand on a whole new different level and that means something a lot not only for me but everyone on the bitcoin community.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Vaskiy on October 19, 2022, 08:26:09 AM
More people have got life changing experience out of the innovation. Even before the existence of Bitcoin, more similar innovation have reached the market. Nothing stood long and succeeded. Once after the innovation of bitcoin, people started to integrate everything with the blockchain technology and use bitcoin on different needs.

Someone would've come up with same concept with a different name, if bitcoin wasn't created. I don't know will such an innovation grown this high and reached the level of being legal tender in a country.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Taskford on October 19, 2022, 09:00:25 AM

If today, The real Satoshi Nakamoto would appear ... i would presume that the world media would cover him and give him more or equal  importance than attacking of twin tower by Osama Bin Laden



Did you see Vitalik? Did the world give importance of his presence? Maybe we can say yes to the crypto users because he is well known creator of second top crypto in the world but the world media(the mainstream) didn't cover him and been not crazy about what he do.

For sure if Satoshi will appear he will be highlighted on medias but for sure this are for short term only.

If we talk about if crypto is not created for sure everything will be in normal and still we can see a digitalization in different form. We already see some banks operate online transactions and banking so for sure this one will dominate if bitcoin is not been created.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Zaguru12 on October 19, 2022, 09:08:29 AM
Without the evolution of bitcoin I personally wouldn't have thought that there's a way I would have controlled my money, make an investment, send funds across the world without undergoing the several processes of local banks and with low transaction fees.

I'm sorry to say that, but nobody cares about Satoshi Nakamoto, except a bunch of fanatic diehard Bitcoiners, who think that Bitcoin is the best thing invented since bread.

Oh yeah people praise Satoshi Nakamoto like a war lord not because of his creation of bitcoin but also sticking to the idea and actualizing it even when people thought it was crazy. Sure this deserves credits and praises


Title: Re: How would the world be if Bitcoin wasn't created
Post by: TheUltraElite on October 19, 2022, 10:43:48 AM
Majority of the world population is still unaware that something like bitcoin exists or even if they know they are still unable to access it because of restrictions or government laws. So in that manner for them bitcoin has not been created yet functionally.

Does that mean such people are living in oppression or in poor conditions? Not exactly, because they are in ignorance and they are not red-pilled. For them it does not matter.

So don't assume that just having bitcoin in this world would change every problem. A lot of factors are involved here.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: bitmit.exchange on October 19, 2022, 12:12:17 PM
Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.

I agree with this opinion. Think of a world without cash. If cash wasn't invented in the past, it would have been commodities still used to trade. If there have been no computers, there were definitely no internet, no blockchain, no digital money and no Bitcoin. As simple as possible. There is always at least one alternative and world will never stop moving...


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Bitstar_coin on October 19, 2022, 12:50:09 PM
Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.

I do agree with you, without btc there wouldn't have been this great forum and experience that comes along with it.
Without btc the world will still be the way it is but the value and freedom btc brings into the financial system would be missing, the ability to actually invest individually without needing any third party will be missing a great deal. Btc simplifies many things which would have been very had to do without it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: m2017 on October 19, 2022, 01:00:28 PM
I'm not going to talk about what the world would be like without bicoin, but I'm glad that BTC was created. I propose to focus on the fact that bitcoin exists and take advantage of the opportunities that btc gives to all of us. Of course, the discussion of what we could lose is interesting, but it is better to focus on what benefits bitcoin has and how best to use it for the benefit of humanity and everyone. In my opinion, it will be more productive if activities are directed towards overcoming real difficulties, rather than fictional ones.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Adbitco on October 19, 2022, 01:40:59 PM
I believe there would have been an innovation to render ease access to financial freedom and mankind, also a thing of global which might or would have stand as bitcoin.. not only bitcoin but as a form of blockchain as well. It's of a true world would have been so dull maybe in terms of payment, basically bitcoin focuses on financial sectors from which many sectors are channeling their focus towards into.
Through bitcoin and blockchain tech businesses have been expanding globally despite it has not been legalized globally but have created a great impact and improve man life and productivities.

Truly bitcoin to the world


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Techkoy407 on October 19, 2022, 01:43:55 PM
If bitcoin wasn't created this forum might not exist, other cryptocurrencies probably wouldn't exist either.

bitcoin so far has helped a lot of people's economy, and that's an important point of bitcoin.

and bitcoin shows fairness in the financial system.

If bitcoin didn't exist, I don't know what it would be.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: yazher on October 19, 2022, 02:09:27 PM
Bitcoins have been created for good purposes only as we read the statement from its creator itself, it has a good agenda and a reasonable mission to take us out from the banks and give us all private access to our assets and many more good things.

But there are lots of people who took advantage of the current situation, the scammers and the crooks became the problems because they create some fake investment method and they dragged the name of bitcoins to justify their crime. Thankfully, most of them are busted now and bitcoins are growing stronger and their future is brighter because of these clarifications.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: 8rch7 on October 19, 2022, 02:15:22 PM
The world without bitcoin will indeed be fine but for sure we don't have new challenges in our lives, even though we are in college and have a bachelor's degree but we can't guarantee getting a decent job, let alone we live in a country with a lot of population like mine , but with the advent of bitcoin we can take advantage of our intelligence and we can increase our income, indeed bitcoin does not promise wealth but at least after I got to know bitcoin my life became better.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: laurenB7742 on October 19, 2022, 02:20:02 PM
I'm not going to talk about what the world would be like without bicoin, but I'm glad that BTC was created. I propose to focus on the fact that bitcoin exists and take advantage of the opportunities that btc gives to all of us. Of course, the discussion of what we could lose is interesting, but it is better to focus on what benefits bitcoin has and how best to use it for the benefit of humanity and everyone. In my opinion, it will be more productive if activities are directed towards overcoming real difficulties, rather than fictional ones.


yes bitcoin has been created and we are using it, so we have no reason to discuss this thinking instead we should focus on using bitcoin, spreading bitcoin to our community more and more popular. Bitcoin is still in its infancy and its potential in the future is huge so those who are fortunate enough to know bitcoin at this time are considered to be pioneers in the bitcoin revolution, take advantage of the best way to own as many bitcoins as possible. I never thought about what I would be and who I would be without bitcoin, I just know that it already exists and it is my duty to thank the person who created it and find a way to collect it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: bitzizzix on October 19, 2022, 02:47:25 PM
Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.

I do agree with you, without btc there wouldn't have been this great forum and experience that comes along with it.
Without btc the world will still be the way it is but the value and freedom btc brings into the financial system would be missing, the ability to actually invest individually without needing any third party will be missing a great deal. Btc simplifies many things which would have been very had to do without it.
Yes, without bitcoin the world remains fine. But it is very useful for those who use it especially in freedom because we ourselves are in complete control and I think that is very cool and we are the bank and make everything simple and exist without third parties.
and what is more useful bitcoin can change the lives of its users, especially in the field of finance and become an extraordinary new experience, although there are still many who experience losses, this is due to greed and ignorance without having knowledge and experience about bitcoin.
and this forum is where I learn and know all about crypto or bitcoin and also blockchain, and the coolest thing is this forum is the best place to earn extra income, and also experience that we will never get before.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: rastixxx on October 19, 2022, 02:49:38 PM
Guys, can someone answer my question? I don't understand now, isn't the range of private keys 0x1 in hex and fffffffffffffffffffffffffffffffebaaedce6af48a03bbfd25e8cd0364140?
Is there a private key outside of this range?


Title: Re: How would the world be if Bitcoin wasn't created
Post by: lovesmayfamilis on October 19, 2022, 03:33:56 PM
The world without bitcoin existed, and people lived there too. I don't like praising anything with subservience. Do not create idols for yourself. Yes, bitcoin is and will be. But when he was gone, the world did not turn upside down, and if he does not exist, nothing will change in the same way. You can't talk about what will happen tomorrow, but of course, we should always be grateful for what is. 
What have you personally acquired and received from bitcoin? Have you become very rich, built a business, and so on? It is much more interesting to read real stories than to talk about hypothetical actions using the words "what if" and "if".


Title: Re: How would the world be if Bitcoin wasn't created
Post by: ethereumhunter on October 19, 2022, 03:57:13 PM
We will never gather in this forum and we will never know about bitcoin. We will return to the old stories where we have to work all day expecting a salary like everyone else without having the option of earning more. We will also live relying on the government and trying to satisfy them by fulfilling all their wishes without us being able to choose which one is good for us. We will not be able to have more money because they always ask for bigger tax cuts from us so we can only have less money. The rich will get richer. The poor will remain poor and have no choice become rich.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: naira on October 19, 2022, 05:21:33 PM
Share your thought on this .. what do you think would have been situation if Bitcoin was not created
If Bitcoin didn't exist, maybe right now I don't really know how the world of technology is developing, because what prompted me to jump into the world of technology was a strong interest in Bitcoin. Then if Bitcoin didn't exist maybe I wouldn't be as lucky as now, yes because based on experience and history how I got to this point the contribution of bitcoin to my life, especially in terms of finance is almost 85%. There are many things I would not have accomplished in 10 years if Bitcoin had not been invented. Bitcoin makes me the luckiest person where I live for being the first person to make the biggest profit from bitcoin in 2017.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: eaLiTy on October 19, 2022, 06:34:22 PM
~
2) Govts and Banks would have taken full advantages during pandemic
Not sure about that because majority of the business worldwide are not accepting BTCitcoin as a legal tender, there were no cash available in the ATM during the pandemic but other than that what advantage would they take during a complete shutdown.

4) The excitement to grow money 10-20 folds would have not existed ...
This is the only thing that is going on right now, speculation and expecting the market to rally all the time and i am sad majority of them are not using it for what it is intended, decentralized money and a medium of exchange.

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...
Definitely Michael would be an unknown person but Elon Musk would have made waves with or without the cryptocurrency market.

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..
If he really wish to come forward, would like to hear about his vision rather than seeing some hiding billionaire  :D.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: The Cryptovator on October 19, 2022, 07:20:23 PM
If there weren't Bitcoin, just imagine how was world before discovering it. If no Bitcoin there would be something else to rule the digital world. I have to admit if there wasn't Bitcoin then many people wouldn't survive during the last pandemic. A lot of people worldwide are related to Bitcoin even me. Some people fully depend on crypto earnings. However, OP already mentioned some good points.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Fivestar4everMVP on October 19, 2022, 08:01:01 PM
Share your thought on this .. what do you think would have been situation if Bitcoin was not created
I probably will still be working 6 am to 7 pm in a polyethylene factory, I wouldnt be able to really feed well as well as my family if bitcoin wasn't created.
There wil not be profession/careers called -
Blockchain developers
Blockchain experts
Blockchain scientists
Etc.
If bitcoin wasn't launched , for me, I think the world would be upside down... But thank God for Satoshi Nakamoto, he gave the world one of the most powerful gift of our time , and that is Bitcoin.

Bitcoin brought many people that were known as no bodies and turned them to somebodies, if not for bitcoin, there still be lots of cab drivers on the streets, there wouldn't be this forum if there was no bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Odusko on October 19, 2022, 08:04:02 PM
If Bitcoin were never created I believe someting close to what we have with Bitcoin could have been developed and there have been some level of attempt to creat an alternative to bank but none was as decentralized as Bitcoin.
So in totality Bitcoin have served it full purpose and there is no need assuming if we never experienced what we are currently experiencing with Bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Rruchi man on October 19, 2022, 08:30:28 PM
Share your thought on this .. what do you think would have been situation if Bitcoin was not created
A problem was identified and it prompted the innovation of bitcoins, it means that if that problem had not been solved there is a high probability that it would still have existed today and also a probability that maybe another solution would have arised. I don't think we can say for sure or really know how the situation would have been if bitcoins were not created because bitcoins were created. Whatever is being said is just a wild guess. It may have been better, it may have been worse.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: _BlackStar on October 19, 2022, 08:33:23 PM
Share your thought on this .. what do you think would have been situation if Bitcoin was not created
Don't think about it, bitcoin was made for something and it wasn't created because someone hasn't come up with the idea. Without bitcoin the world will keep going and the wheels of the economy will keep turning no matter how bad governments and regimes are.

We are already in 2022 and only a few months to 2023. Without bitcoin, the world would have a centralized financial system, but actually there are lots of investment instruments worth trying even if I don't want to. My grandmother once said that in the past she could get anything without paper money where bartering was what she did. OP, I don't want to speculate and guess how the world was without bitcoin in just the last 2-5 years. So believe me, this bitcoin is something good for us to enjoy now and then mainly because of its usefulness.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Finestream on October 19, 2022, 08:45:25 PM
Personally if bitcoin didnt exist Im not sure what would be my life. But since I learned and being associated with it, I confirm that its one of the best association or thing that happened to me. I am indeed a professional but doing my thing isnt enough and I have an urge to learn new things and luckily I found about cryptocurrency. Really big help not only on financial but also healthy to adopt new tech in our life.
Probably, if bitcoin was not created, most likely we won’t see many successful investors and traders in the crypto community, and maybe there won’t be crypto community itself. Also, without bitcoin, I guess I’m still suffering from financial crisis this time especially when pandemic hit us. Good thing bitcoin is here as it gives us a lot of opportunities to learn and gain at the same time, and brought positive changes in our lives.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Sanitough on October 19, 2022, 08:51:54 PM
If Bitcoin wasn't created then what you mentioned wouldn't have happened nor would altcoins have appeared thus creating a lot of news about crypto hacking.
But I'm grateful that Bitcoin exists because it has quite an impact on my life because through Bitcoin I understand about investing and how important it is even though it's not just doing it in Bitcoin.
If bitcoin does not exist, most likely we are still attached and mostly dependent on fiat right now, without having known that there are more opportunities to gain an income through engaging in crypto jobs or through bitcoin. And people would never have known about bitcoin investing and trading that made a lot of millionaires in this present times. And I would not have been this confident right now without bitcoin as my biggest source of income


Title: Re: How would the world be if Bitcoin wasn't created
Post by: lionheart78 on October 19, 2022, 09:32:40 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

If Bitcoin does not exist I am sure another decentralized financial tool will take place for Bitcoin.

2) Govts and Banks would have taken full advantages during pandemic

The Government still took the full advantage during the pandemic.  Only a handful percentage had taken advantage of cryptocurrency during the pandemic, majority of the financial transaction is still in fiat currency.  

4) The excitement to grow money 10-20 folds would have not existed ...

Nope, it already existed even before Bitcoin is created.

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

Elon Musk would still be popular and has huge influence even without Bitcoin, I don't know about Michael Saylor though.

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

Obviously, without Bitcoin, the name Satoshi Nakamoto would be unknown.

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Countries had been trading with their national currency, so basically without Bitcoin, there will still be other options.  They can trade with their mineral resources, manpower etc.  Bitcoin is just an additional financial tool.  Without it, country will still have lots of options to trade with.




Title: Re: How would the world be if Bitcoin wasn't created
Post by: Hamphser on October 19, 2022, 09:47:38 PM
If Bitcoin wasn't created then what you mentioned wouldn't have happened nor would altcoins have appeared thus creating a lot of news about crypto hacking.
But I'm grateful that Bitcoin exists because it has quite an impact on my life because through Bitcoin I understand about investing and how important it is even though it's not just doing it in Bitcoin.
If bitcoin does not exist, most likely we are still attached and mostly dependent on fiat right now, without having known that there are more opportunities to gain an income through engaging in crypto jobs or through bitcoin. And people would never have known about bitcoin investing and trading that made a lot of millionaires in this present times. And I would not have been this confident right now without bitcoin as my biggest source of income
We would really be sticking into fiat and been monitored and surveillance when we do speak about financial transactions or even into our savings and other correlated things.
We would really be still sticking into those traditional ways on transacting and since crypto was created then we do have at least the option on
having decentralized and anonymous transactions which it did really gain up that much attention.

If it wasnt been created then we are still heavily dependent on fiat and since we dont have any choice then we would really be just simply sticking into it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: glendall on October 19, 2022, 11:16:13 PM
world without bitcoin, would not be like today,
the world would be flat without blockchain technology, NFT and exchange hacking stories,
social media will be full of certain party online marketing,
no elon musk promote doge
all will return to the central government


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Oceat on October 19, 2022, 11:29:39 PM
In my opinion, if bitcoin is not created, the economy of a small community will be difficult to get big opportunities, because most of the big opportunities are taken by the rich, but with bitcoin the economic opportunities for small people are very open, the proof is that a lot of poor people are getting rich for investing in bitcoin. so bitcoin really helps the world economy.
That's not right to just say that "lots of poor people are getting rich for investing in bitcoin" since there's no proof either way that they are really getting rich. Maybe if you would just want to say that they are making money for investing bitcoin but getting rich? It will take some time before they will get rich since it's hard to attain even a single BTC and making a living just by investing in bitcoin won't get someone rich and it's not easy to get rich quick just by investing in BTC.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: NicNacCoin on October 19, 2022, 11:41:38 PM
Bitcoin is now at the peak of popularity all over the world. Many people are making a living out of unemployment by doing this bitcoin work.Jobless boys like us would have been in a very bad situation if the use of Bitcoin was not established in the country Due to the creation of this Bitcoin we are freed from unemployment and able to run our families happily and peacefully.Not only this, the state of the country is changing, different countries are earning a lot of money from Bitcoin every year.But one day Bitcoin will become the best currency in the country and everyone will use it simultaneously.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: jossiel on October 19, 2022, 11:51:04 PM
Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.

Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: uneng on October 20, 2022, 03:34:59 AM
Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.

Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.
Thinking on the individuals who changed their lives or are able to keep surviving due to bitcoin income, I imagine they would be in serious financial conditions if bitcoin didn't exist. They may not represent a lot in percentage when compared to the whole world's population, but the impact does exist on the individual sphere and also for every other professionals and businessmen who supply products and services to these adopters, since they raise their profit through these individuals who embraced bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: cryptoaddictchie on October 20, 2022, 04:02:19 AM
Also, without bitcoin, I guess I’m still suffering from financial crisis this time especially when pandemic hit us. Good thing bitcoin is here as it gives us a lot of opportunities to learn and gain at the same time, and brought positive changes in our lives.
I agreed. Me too got hit by covid and disperse me with my job, and the thing that save me is the connection with bitcoin and cryptocurrency. Opportunity that really help us. It work with members that knew how to handle finances well. Thats why as old users here, we should guide newbies or literally new here how they can maximize their activity on earning at the same time learn on the process of cryptocurrency.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Razmirraz on October 20, 2022, 04:21:45 AM
what do you think would have been situation if Bitcoin was not created
In human civilization before knowing the means of payment, barter or exchange of goods into a means of payment of a transaction. Because the barter system often had problems, humans began to create commodity money. The history of money entered a new chapter after King Lydia Alyattes of Turkey minted the first official coins.

According to my understanding of your question that I quoted above, if King Lydia Alyattes had not minted the first coins at that time, "Maybe" until now we are still using the barter system. IMO

The cycle of updating the currency system continues to occur as technology develops, now we are in the Bitcoin era. Along the way, the development of Bitcoin has not always been smooth. In addition to price fluctuations, fraud and theft have also colored Bitcoin's long history. As happened in January 2014, (Mt.Gox) the largest Bitcoin exchange platform in the world at that time was suddenly hacked and declared bankrupt.

The world is still turning, humans can still continue to live even though Bitcoin does not exist. I am so grateful to be able to live in an age where Bitcoin is booming, my respect is to Satoshi Nakamoto who created Bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: traderethereum on October 20, 2022, 07:52:45 AM
I can't imagine what I would have done if Bitcoin wasn't created because I was still working on various things before this.
Maybe I'm still doing the same thing to make money and looking for other ways to make more money.
But that all changed when I got to know bitcoin and got deeper into cryptocurrency because I discovered cryptocurrency as a way to make money.
Maybe our condition will worsen in the last 3 years when the pandemic attacks almost all countries and we will find it difficult to meet our living needs.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Yaunfitda on October 20, 2022, 08:21:08 AM
Less millionaires obviousy, because there are a lot of individuals who become rich because they have invested early or a lot of money in bitcoin and then in bull run they sell to take their profits.

As for me, I don't know, it's a life saviour to me, I mean like years ago I lost my job but bitcoin keeps me something busy and of course make some money in the background. And as I gain experienced throughout, i was able to put food in the table because of my trading profits, just enough for me and my family to survived until I get a decent job and then I re-invest more.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: eddie.gouws on October 20, 2022, 10:36:36 AM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created




Without Bitcoin, the world would be a very different place. One of the most significant aspects of Bitcoin is that it allows for anonymous online gambling. This has led to a huge increase in online gambling, as well as other illegal activities. In addition, without Bitcoin, the world would not have seen such a dramatic rise in the value of cryptocurrencies.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: KaliLinux on October 20, 2022, 11:25:52 AM
what do you think would have been situation if Bitcoin was not created
In human civilization before knowing the means of payment, barter or exchange of goods into a means of payment of a transaction. Because the barter system often had problems, humans began to create commodity money. The history of money entered a new chapter after King Lydia Alyattes of Turkey minted the first official coins.

According to my understanding of your question that I quoted above, if King Lydia Alyattes had not minted the first coins at that time, "Maybe" until now we are still using the barter system. IMO

The cycle of updating the currency system continues to occur as technology develops, now we are in the Bitcoin era. Along the way, the development of Bitcoin has not always been smooth. In addition to price fluctuations, fraud and theft have also colored Bitcoin's long history. As happened in January 2014, (Mt.Gox) the largest Bitcoin exchange platform in the world at that time was suddenly hacked and declared bankrupt.

The world is still turning, humans can still continue to live even though Bitcoin does not exist. I am so grateful to be able to live in an age where Bitcoin is booming, my respect is to Satoshi Nakamoto who created Bitcoin.

Facts and this is the same stance I believe too. We definitely wouldn't have known what that world would be like cos we didn't experience it so, we would have still been stuck in our old financial was of investment and just trying to make do with what we had but thank God for Satoshi Nakamoto for this GREAT innovation which is changing most peoples life, me included.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Yamifoud on October 20, 2022, 12:33:26 PM
Facts and this is the same stance I believe too. We definitely wouldn't have known what that world would be like cos we didn't experience it so, we would have still been stuck in our old financial was of investment and just trying to make do with what we had but thank God for Satoshi Nakamoto for this GREAT innovation which is changing most peoples life, me included.

Yes, it is really hard to imagine what will happen to us without the existence of Bitcoin but I think, what is happening now is the result of the continuous development of technologies. The existence of Bitcoin, changes a lot, especially in the digital world. But not to deny that despite the positive impact of Bitcoin on our life, some are also claiming this is a threat to other areas like banks and security. I understand the situation that people may not use the banks anymore and also have no control from the government but I'd see the benefits we get from this are more than enough for such bad claims and negative thoughts.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Marykeller on October 20, 2022, 02:01:30 PM
It's a good thing to be among those that know about bitcoin existence. Had it been bitcoin didn't exist, I don't know what the world will be like for those that are looking for financial freedom. Am happy to be among those that have benefited from bitcoin exposure to riches. Times are hard in society and bitcoin has been a good help to us that have bitcoin as a store of their assets


Title: Re: How would the world be if Bitcoin wasn't created
Post by: redactorseofreelance on October 20, 2022, 02:12:28 PM
Hi there!

In my opinion, if Satoshi Nakamoto had not created Bitcoin, we would now think that we are not capable of everything. Bitcoin proved that the world order can be challenged, and during its early days it did.

Regards!


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Aanuoluwatofunmi on October 20, 2022, 02:37:03 PM
Things would have gone so wrong and badly to the extent that there may be unrest everywhere with the handling of our financial lives with centralized authorities, government wouldn't have wanted this happen but it has existed in such a way that bitcoin came unsuspected and unexpected to them and the whole network of blockchain is a technology that is fully decentralized and no manipulations can be passed through it, bitcoin have made alot of people gain back their freedom and make live worth living being profitable and has renders alot of opportunities that has help to improve livelihood in general.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: jossiel on October 20, 2022, 06:07:09 PM
Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.

Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.
Thinking on the individuals who changed their lives or are able to keep surviving due to bitcoin income, I imagine they would be in serious financial conditions if bitcoin didn't exist. They may not represent a lot in percentage when compared to the whole world's population, but the impact does exist on the individual sphere and also for every other professionals and businessmen who supply products and services to these adopters, since they raise their profit through these individuals who embraced bitcoin.
That's what it will look like if there's no bitcoin that everyone has found. But because of bitcoin, look at the financial situation of many that have discovered and believed on bitcoin.

The majority who has held for so long have became at that stage of their lives that they're financial independent already and is about to be financially free or most likely are already financial free.

It's such a great thing that everyone has found bitcoin while the doubters are still doubting it and never experienced the great things that they should have experienced too that we have had with it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Yarei on October 20, 2022, 08:22:15 PM
First of all, we acknowledge that the invention of Bitcoin built the base for what we know today as the cryptocurrency ecosystem. But the advancements that the ecosystem has undergone and the developments that have taken place these years are not necessarily attributed to Bitcoin or Satoshi. The things you listed are not solely based on Bitcoin but the entire cryptocurrency ecosystem. The efforts of various people who have seen a reason to give value in the crypto space can't be neglected.
 


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Rockstarguy on October 20, 2022, 08:52:52 PM

But have you ever thought how could be the world without bitcoin ..


If bitcoin was not created many would have fall into ponzi schemes all in the name of investment.  Bitcoin have been one of the best investment.  Bitcoin have contributed to people to make good investment.  If their was no bitcoin existing most people would have been depending in the bank to save their money .
People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: AakZaki on October 20, 2022, 09:34:05 PM
And of course this forum also wouldn't exist if bitcoin wasn't created by Satoshi Nakamoto. How influential Bitcoin is today in developing the digital economy around the world. Bitcoin is the origin of all coins today. The richest people in the world even always mention bitcoin.
If bitcoins really were never created, I wouldn't be able to earn from my computer screen, I wouldn't be able to buy a lot of bitcoins and of course I wouldn't be a crypto trader and be stuck in a zone I never wanted to be.
Bitcoin was created to support all one's expectations, to grow one's business and to change the way one transacts.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Wakate on October 20, 2022, 10:49:17 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created


Bitcoin had changed the entire world making more crypto projects 5o come into the market and more opportunities for people to buy there favorite coins or coins they think it's going to be very profitable to them. So many opportunities had emerged as a result of Bitcoin making many persons to be very profitable and comfortable with what they do even without having to go to work every morning or night.

I can't even mention it all what Bitcoin had contributed to our lives which is one of the reason why we need to be very grateful to Satoshi Nakamoto which brought and implemented this idea which is making us a very comfortable persons without depending on just one source of income.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Mr.right85 on October 20, 2022, 11:13:39 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds  

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created
Bitcoin is really the option the world needs in this peril Time and the pandemic made us realise that. The pandemic was and indeed demonstrated a world in need of a change, a world where most of the traditional ways known to man wasn't going to be at its best function and bitcoin stepped in to ensure the people don't crumble under the weights of the times.

Bitcoin has done most of what was and wasn't expected of it and still looks forward to doing more with legalisation. Its role to play in the world to come cannot be over emphasised.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Bazzu on October 21, 2022, 12:42:22 AM
Speculating about what would have happened if what happened had not happened is part of philosophical thinking. You are not going to reach any conclusion by understanding conclusion as something derived from a scientific reasoning process.

So I leave you to speculate about the counterfactual you propose. I prefer to focus on what is happening in the world today and what may happen in the future.

Your opinion makes sense too,, indeed we are better off just thinking about what has happened and also preparing for the future, because if our think about what is not clear, of course it will not produce anything. so it's better if we think about positive things, don't think about things that are not clear.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: justdimin on October 21, 2022, 02:58:43 PM
It's a good thing to be among those that know about bitcoin existence. Had it been bitcoin didn't exist, I don't know what the world will be like for those that are looking for financial freedom. Am happy to be among those that have benefited from bitcoin exposure to riches. Times are hard in society and bitcoin has been a good help to us that have bitcoin as a store of their assets
I worry that if bitcoin didn't exist, or if I didn't learn about bitcoin when I did, that would mean that I could have possibly end up losing a lot of time in my life. Thanks to bitcoin I live a life where when something major happens, I could be with my family, for the past 1 year, we had to deal with sickness and hospitals everyday for a while, and I was there to help with all of that, because I was capable of doing that thanks to bitcoin and my work in the field.

If I didn't know, then I would be working in a regular 9-5 job, maybe worse, and then I wouldn't be with them because I would have to be at work, and that would be quite terrible to not be with them during this difficult time.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Leviathan.007 on October 23, 2022, 08:39:39 AM
There are many 'if' words regarding this and if bitcoin was never created I guess we would start moving to other currencies and assets instead of bitcoin because we can see the world is moving always to new technologies and people are showing interest in the decentralized thing where they won't have to involve any their party element for their deals and especially if this third-party is the governments so I guess even if the bitcoin was never created people would start moving to other things instead of bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Ayers on October 23, 2022, 09:36:42 AM

4) The excitement to grow money 10-20 folds would have not existed ...



although it is a pretty crude fact, i can tell you this is what people care about bitcoin more than the rest. bitcoin can be said to be an asset class that offers unprecedented volatility and everyone who invests in bitcoin is interested in this, only in the crypto market do we have a chance to see 100x 1000x growth, which no other market can offer. bitcoin has brought wealth to a lot of people and today people continue to invest in bitcoin hoping to get rich with little capital, because with little capital you have almost no chance to change your position in the world out there


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Fara Chan on October 23, 2022, 09:50:13 AM
But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds  
Bitcoin is here to make a change, where many people have got what they want, by taking more or less part of the investment from it, bitcoin decentralization has become a pattern that makes people feel safe and can control their own investments, where previously fiat currencies were centralized by certain authorities.
Can't imagine what it would be like today, if bitcoin was not created by Satoshi, but bitcoin has helped many people in preparing a mature investment.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: cheezcarls on October 23, 2022, 10:37:07 AM
To be honest without Bitcoin, I would remain broke until today. And not just that, I would remain a complete disappointment to my family by not being financially secured. Although video games and travel are always my true passions in life, but both cannot make a difference for me if I wasn't into crypto.

I was a network marketer for years and remained a big disappointment. Was searching for greener pastures from here and there until I decided to go all-in on crypto and it worked! It turned my life around until today despite the numerous ups and downs I have in my life. It surpassed what I have achieved in my previous career.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Stalker22 on October 23, 2022, 11:59:42 AM
The question of what would have happened if Bitcoin was never created is irrelevant, as it is clear that it has already changed a lot since its inception. It has changed the way people think about economics, it has changed the way people transfer funds, and it has even changed the way some businesses do their transactions. The Bitcoin system provides a quick and seamless way for individuals who have no reason to trust one another interact as if they did. In the Bitcoin community, members will exchange bitcoins quickly and easily without having to go through a bank or credit card processor, who may charge a fee for the service. This is an excellent alternative to cash and credit cards especially when large sums are being exchanged.

The question on whether or not Bitcoin would have been created if it weren't for the motivation of the creator might remain a mystery, but one thing is for sure: Bitcoin has certainly made the world a better place by giving us a reliable, cheap and fast means of financial transactions.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Ziskinberg on October 23, 2022, 12:02:15 PM
If bitcoin was not created many would have fall into ponzi schemes all in the name of investment.  Bitcoin have been one of the best investment.  Bitcoin have contributed to people to make good investment.  If their was no bitcoin existing most people would have been depending in the bank to save their money .
People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.
Bitcoin is just another opportunity man. Without this, people still looking for a job, an investment, running a business, etc in order to survive. I haven't seen a huge change when Bitcoin come, it was just people considering this as a new investment platform and bringing them to digital investment. In fact, many people are living far away from Bitcoin, and many are still rejecting this, but look, they are still able to survive the market inflations and economic crisis.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Antonas1 on October 23, 2022, 12:49:15 PM
~ 4) The excitement to grow money 10-20 folds would have not existed ... ~
The passion for doubling the money is definitely still there. No matter in a good or bad way, ponzi schemes, MLM business, and Forex trading are some things that can be done to fill people's desire to get rich quick. It is undeniable that Bitcoin gives a better chance even though criminals also work in this way.
I think if Bitcoin didn't exist, all countries would have no plans to make digital money for their legal currency. CBDC will never be created, because they never thought to create a technology like Blockchain.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Asiska02 on October 23, 2022, 01:27:23 PM
Even if bitcoin had never existed, the world would have continued to function as it did before. We live in an innovative world where change never stops, thus it is certain that changes would have occurred in the global financial sector. Perhaps if bitcoin had never been, we would have come across a different way to invest or save money with features that would be different from bitcoin's. Since our world is constantly changing, bitcoin or not, it will eventually become what it will be before the end of time.

The world's financial system is now more transparent and has made life easier thanks to bitcoin. All of these things would not have occurred without bitcoin; instead, they did so as a result of the current decentralized system. A system like this would already exist, much like bitcoin does, or it will emerge in the future, as long as the world is still going and people of justice and truth still exist. I will always be grateful that bitcoin existed at this period of my life and that it is still around today.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Woodie on October 23, 2022, 01:44:52 PM
Honestly, it's difficult to think of the world without bitcoin and cryptocurrencies in general because we living in its era. But after seeing how the centralized system has been used to try and punish Russia after the Ukrainian invasion, decentralized financial systems were always going to be find their way to us, maybe not just bitcoin but something similar to a digital currency with the same financial freedom concept tied to it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: lionheart78 on October 23, 2022, 02:51:42 PM
If bitcoin was not created many would have fall into ponzi schemes all in the name of investment.  Bitcoin have been one of the best investment.

Now Bitcoin had been created, why is it that there are lots of people still fall into Ponzi Schemes?  Even fraudster exploits Bitcoin's popularity to trick newcomers to fall into their Ponzi scheme company.  I know Bitcoin brings lots of changes into the financial system but Bitcoin does not prevent people from falling into Ponzi schemes.

Bitcoin have contributed to people to make good investment.  If their was no bitcoin existing most people would have been depending in the bank to save their money .
People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.

You are praising Bitcoin too much as if it is the only way to make money.  Bitcoin isn't created for that as the whitepaper stated in case many of us had forgotten the main function of Bitcoin...

Quote
Abstract. A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution.
Quote
We have proposed a system for electronic transactions without relying on trust

I think if Bitcoin didn't exist, all countries would have no plans to make digital money for their legal currency. CBDC will never be created, because they never thought to create a technology like Blockchain.

I think CBDC would still exist.  Before Bitcoin is created there is already a cryptocurrency known as ecash which is developed by the company Digicash[1] in 1990, followed by E-gold in 1996, Bit Gold concept, B-Money in 1998, Hashcash which is developed in mid-1990. [1]  The concept of electronic cash is proposed by American Cryptographer David Chaum in 1983 which has a similarity to modern day cryptocurrency.[1]  In short, the concept is already established decades before Bitcoin is created.





[1] https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Hamza2424 on October 23, 2022, 03:35:34 PM
I am really impressed by your points as you know these questions are the facts, Let's do a social experiment as it can be done between two entities one who knows the BTC and one Who don't. Let's see which types of answers we are going to get. I am more curious to do it in my class but how I can show the answers to the Community haha..


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Eternad on October 23, 2022, 03:44:17 PM
Honestly, it's difficult to think of the world without bitcoin and cryptocurrencies in general because we living in its era. But after seeing how the centralized system has been used to try and punish Russia after the Ukrainian invasion, decentralized financial systems were always going to be their way to us, maybe not just bitcoin but something similar to a digital currency with the same financial freedom concept tied to it.
Many still not aware that bitcoin exist, some will just limit themselves in the things they used to use and don’t study new technologies. If bitcoin didn’t exist people who are into investing willtend to choose between stocks or forex. Buying more land or gold. And mobile banking will only be the way to transfer money, and we will have no choice but to pay higher fees if we will transfer money in different countries. Luckily, we know bitcoin which helps us in many ways.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: uchegod-21 on October 23, 2022, 04:04:39 PM
I beg to differ in the opinion here, many people have said that the world wouldn't have been as great as it is if not for Bitcoin. I am not against Bitcoin but I think bitcoin has not done so much in the world that the world would no longer cope without it. There are some millionaires and billionaires who are doing well and who doesn't care about bitcoin and there are poor people who haven't heard about bitcoin and they are still living. There are average people that knows nothing about Bitcoin but the world is still good and sweet for them.
We are only seeing this advantages of Bitcoin because we have known about bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: kryptqnick on October 23, 2022, 05:53:01 PM
The idea of decentralization is a very strong one, but its origins are in nature (mycelium, for example) and in 20th century philosophy (the concept of rhizome). The idea that money can be somehow decentralized was also conceptualized theoretically in the previous century, and something resembling a cryptocurrency was created well before Bitcoin in 1995 by David Chaum.
As pretty much always with big revolutionary ideas, they aren't as revolutionary if you research them. If Bitcoin weren't created, I am pretty confident that someone else would have come up with something similar, since the background for it was already there.
Bitcoin might be the next big thing after the Internet (and smartphones, don't forget how fast and widespread those became), but I wouldn't say that it's already clear that it is. As least for me, it's very unclear whether Bitcoin will even be used even by one billion of people, let alone several billion. And 'big thing', at least for me, presupposes that level of adoption.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: indah rezqi on October 23, 2022, 06:07:07 PM
If bitcoin was not created many would have fall into ponzi schemes all in the name of investment.
Many, but by no means everyone. Even after bitcoin existed, ponzi schemes in the name of bitcoin were also created. Many people fall into and become victims of the ponzi scheme, so the ponzi scheme does not disappear even with or without bitcoin.

Bitcoin have been one of the best investment.  Bitcoin have contributed to people to make good investment.  If their was no bitcoin existing most people would have been depending in the bank to save their money. People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.
There are many ways to invest and save money, not just banks. I think gold, stocks, property and other investment options also make sense not to be ignored without bitcoin. But with bitcoin, the choice of investment assets has become more advanced where people may have full rights to the money as they see fit.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Antonas1 on October 24, 2022, 12:44:38 PM
~
I think CBDC would still exist.  Before Bitcoin is created there is already a cryptocurrency known as ecash which is developed by the company Digicash[1] in 1990, followed by E-gold in 1996, Bit Gold concept, B-Money in 1998, Hashcash which is developed in mid-1990. [1]  The concept of electronic cash is proposed by American Cryptographer David Chaum in 1983 which has a similarity to modern day cryptocurrency.[1]  In short, the concept is already established decades before Bitcoin is created. ~
Thanks for the correction. Apparently I didn't read the history. Since you said it, I forced myself to go to wikipedia and read the full history, haha, what a fool.
But I still think CBDC will not be created because there is no trigger. For governments, Cryptocurrency is the "killer" of fiat; that's the trigger. They want people to believe the digital money they create is safer than Cryptocurrencies. No Bitcoin = no trigger.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: 8rch7 on October 24, 2022, 01:41:32 PM
Without bitcoin, the world will continue to run, the world economy will continue to spin, and human life will remain as usual, but if bitcoin is not created, there will certainly never be new challenges in the assets that we hold and control ourselves, basically there is no one. no one knows what was in the mind of Satoshi Nakamoto at that time, the originator of bitcoin whose name is known throughout the country, but until now no one has been able to reveal the true identity of Satoshi.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: danadc on October 24, 2022, 01:55:08 PM
If Bitcoin did not exist we would be living in a bubble all the time, just as we are right now, the war drums are what have caused the whole event to be delayed, however we have noticed that many people have protected themselves by buying a lot oo, shares in the stock market, all this has always been like an evil that is impossible to stop, governments look for all kinds of excuses and events to delay it, the covid, new diseases, this has caused some movements to be invalidated, but everything is close For me, there is talk about many levels of inflation in the US and Europe, the gas and oil crisis where third world countries begin to emerge.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: suzanne5223 on October 24, 2022, 10:57:08 PM
But have you ever thought how could be the world without bitcoin
Yes, Bitcoin introduces something new and changes the way we feel or see money but Bitcoin is not the solution to everything I believe the world problem is one.
If there's no Bitcoin someone would have come up with an innovative idea. Mind you, BTC is not the first digital currency.

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...
It is the consensus and decentralization of Bitcoin that make it happen and each country's political differences and beliefs will never make it happen.

2) Govts and Banks would have taken full advantages during pandemic
The government and the 1% always take advantage of people every year.  Do you how much the corporations are spending on stock buybacks?

3) People would have no better choice to invest apart from land, stocks or bonds 
Gold and Silver are another better investment choice


Title: Re: How would the world be if Bitcoin wasn't created
Post by: KennyR on October 24, 2022, 11:21:03 PM
Around 4.5% of users were found around the world. This count is among the entire population. Remaining percentage of people are still under a situation there is no bitcoin. In that stance even if bitcoin wasn't created our lives would've been moving over something. When we talk of privacy and other forms of banking, we'll be still stalked by the third parties same as the majority percentage experiencing at the moment.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: febriyana on October 25, 2022, 02:42:04 AM
If Bitcoin wasn't created.
I think only to use Gold Bars as my decentralized asset.

Because the fact Government has issue money where can created from thin air and that is unlimited supply
That is actually doesn't have value at all. The number on the paper itself have value because only trust.
If everyone doesn't trust money, what happen? Many riot everywhere.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: TheGreatPython on October 25, 2022, 09:18:04 PM
Without bitcoin, the world will continue to run, the world economy will continue to spin, and human life will remain as usual, but if bitcoin is not created, there will certainly never be new challenges in the assets that we hold and control ourselves, basically there is no one. no one knows what was in the mind of Satoshi Nakamoto at that time, the originator of bitcoin whose name is known throughout the country, but until now no one has been able to reveal the true identity of Satoshi.
I agree, if bitcoin doesn't exist at all I will be still keeping my money in the banks even though the interest doesn't change and it is very small compared to the interest you will get when you save your money in Binance. If bitcoin doesn't exist and created I will not be able to be in this life I am living right now, thanks to crypto I can earn much more than my full time job, I am able to survive in pandemic and inflation as well.
I think the primary purpose of banks is for people to safe guard their money and they can only dispense sufficient amount anytime they need it. Even btc is here, and there are now binance, you can always keep your money in the banks. There are no btc's on the past but why its possible for others to change their lives from poor to rich? If they can do that then you can also do it even without the help of btc.

There will still be forex, stocks and other markets where you can do trade and invest. The only main advantage of btc is it is decentralized and there are people who are always looking forward about it where they won't depend on fiat money anymore.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: sukmo on October 26, 2022, 11:33:44 AM
Maybe if bitcoin is not found we will not be able to invest independently without the need for a second or third party even though it has a fairly high risk.

In my opinion, if bitcoin is not found, the one who will benefit is the government of a country and the banks in that country, especially if there is a pandemic problem like now that is engulfing all countries in the world.

And I think many people are grateful for the existence of bitcoin, because with bitcoin and cryptocurrencies, it can simplify investing independently without involving many parties.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: talkoncrypto Official on October 27, 2022, 08:13:50 AM
Without bitcoin, the world will continue to run, the world economy will continue to spin, and human life will remain as usual, but if bitcoin is not created, there will certainly never be new challenges in the assets that we hold and control ourselves, basically there is no one. no one knows what was in the mind of Satoshi Nakamoto at that time, the originator of bitcoin whose name is known throughout the country, but until now no one has been able to reveal the true identity of Satoshi.

I agree, if bitcoin doesn't exist at all I will be still keeping my money in the banks even though the interest doesn't change and it is very small compared to the interest you will get when you save your money in Binance. If bitcoin doesn't exist and created I will not be able to be in this life I am living right now, thanks to crypto I can earn much more than my full time job, I am able to survive in pandemic and inflation as well.


According to my opinion, Though we are still in early stages, but a time a time will come in near years where bitcoin will not only be used for investment , but rather an alternate payment method, and we could see more bitcoin payment apps and companies will evolve .. that is the time when we can see the real potential of decentralization where anyone can accept bitcoins without being dependent on fiat ...

We are just seeing this time where people can buy land or property with bitcoin.. but this will take some more time to reach a global world, but keeping the fingers crossed , bitcoin is the future currency ...


Title: Re: How would the world be if Bitcoin wasn't created
Post by: amihada on October 27, 2022, 10:59:23 PM
if bitcoin was not created by satoshi then everyone would hold fiat money and gold as their assets, now bitcoin has been born and now many people have believed bitcoin is the most valuable asset, maybe in the future another one will be born again and valuable and useful then bitcoin will lose and so on.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: romero121 on October 27, 2022, 11:06:58 PM
If bitcoin wasn't innovated we might be much into the traditional currency usage. Even now we're much used to it than the cryptocurrency. The existence of cryptocurrencies have helped people to overcome different issues that are being experienced by the people using banking system.

Different concepts would've emerged, but we don't know how far it could've succeeded in real time.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: landheer on October 27, 2022, 11:23:17 PM
If Bitcoin wasn't created.
I think only to use Gold Bars as my decentralized asset.

Because the fact Government has issue money where can created from thin air and that is unlimited supply
That is actually doesn't have value at all. The number on the paper itself have value because only trust.
If everyone doesn't trust money, what happen? Many riot everywhere.

yes, it might have been like that if bitcoin no created invented, what people were like in the 1990s. i.e. they invest in gold bullion. or also
invest in land, but in fact until now there are still many people who invest in gold bullion and land. it's just that if bitcoins weren't made the difference is that no one would invest in bitcoins, because the bitcoins don't exist either.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: chaser15 on October 27, 2022, 11:46:35 PM
If Bitcoin didn't exist then life is just normal. All major financial-related problems will be dealt with accordingly.

Those 7 mentioned pointers too by the OP won't be part of the discussion as they won't exist. Since technology is evolving, we will still reach use the digital form of payment even without blockchain-related stuff.

But good thing bitcoin is created. No need to mention in detail why it's a good thing.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: YellowWitty1 on October 28, 2022, 05:48:09 AM
Bitcoin has definitely given us some autonomy over our funds. What I can think of is that we would have to rely on banks and the high transaction fee they charge. Security would have remained a big concern.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: fuguebtc on October 28, 2022, 07:02:07 AM
If bitcoin doesn't exist and created I will not be able to be in this life I am living right now, thanks to crypto I can earn much more than my full time job, I am able to survive in pandemic and inflation as well.

I can assure you, this is what bitcoin has been doing for a lot of people, I can't say it makes everyone here rich but a lot of people are living better lives. I myself am a person who has a pretty hard life with my meager salary but since investing in bitcoin, my life has improved a lot. Until now, it's hard to imagine what I would be like without bitcoin, I still have to work 12 hours a day for a living wage. And in times of inflation like now, when commodity prices go up 20%-30%, without my bitcoin savings I would have to work 16-18 hours a day just to be able to survive.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: talkoncrypto Official on October 31, 2022, 02:48:26 PM
If bitcoin doesn't exist and created I will not be able to be in this life I am living right now, thanks to crypto I can earn much more than my full time job, I am able to survive in pandemic and inflation as well.

I can assure you, this is what bitcoin has been doing for a lot of people, I can't say it makes everyone here rich but a lot of people are living better lives. I myself am a person who has a pretty hard life with my meager salary but since investing in bitcoin, my life has improved a lot. Until now, it's hard to imagine what I would be like without bitcoin, I still have to work 12 hours a day for a living wage. And in times of inflation like now, when commodity prices go up 20%-30%, without my bitcoin savings I would have to work 16-18 hours a day just to be able to survive.

Your journey would have not happened if bitcoins wasn't created, good to hear from you that somehow it impacted your life for good.. So many people said, it would have been normal like before..  but in my opinion, Bitcoin created in such a time span and reached a global level acceptance its hard to believe anything could have been close to bitcoin as a currency.. I can vouch for de-centralization , but think of it a person has to go completely obsolete and out of this world, just to save the sanctity of the code written, so it cannot be manipulated even after decades.. This is the actual beauty of Bitcoin..


Title: Re: How would the world be if Bitcoin wasn't created
Post by: jinmioluwaseyi on October 31, 2022, 03:55:17 PM
Personally if bitcoin didnt exist Im not sure what would be my life. But since I learned and being associated with it, I confirm that its one of the best association or thing that happened to me. I am indeed a professional but doing my thing isnt enough and I have an urge to learn new things and luckily I found about cryptocurrency. Really big help not only on financial but also healthy to adopt new tech in our life.
it has really help me personally in many different ways also. I learn more about blockchain and so on.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: pawanjain on October 31, 2022, 05:07:54 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created



OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: panganib999 on October 31, 2022, 05:34:20 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created


Honestly speaking, although everyone would agree that the impact Bitcoin had left to us is massive and life-long, I don't think much of the world would change if bitcoin hadn't existed. Why do I say this? Because well, people like Vitalik Buterin exists. People like Satoshi Nakamoto have been here and have always been here. Who's not to say that one of them couldn't think of a way to create an electronic peer-to-peer financial system like bitcoin? Bitcoin is a blessing to us, but I feel like we are making it bigger than what it actually is.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Blawpaw on October 31, 2022, 08:48:51 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created



Cypher punks were already on the brink of finding/developing something pretty similar to Bitcoin. In fact, they were on it since the Cult of he Dead cow, and it become like an urgent need since 92 on. Decentralization and the need for a mean of eschange specifically designed for the internet was something that the world needed. So, if it was not Nakamoto bringing Bitcoin to the table, someone else would invent an alternative.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: bhooscream on October 31, 2022, 11:32:18 PM
We would not know what would have happened and how it would have continued if Bitcoin had not been created. However, it is possible that there will be other technologies that make a lot of changes in the world, right? Whether it's in terms of financial, health, system, and also other technologies. What is clear, there will definitely be changes because the world continues to grow and more and more geniuses are creating something that has a big impact on the world.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: TheUltraElite on November 14, 2022, 11:17:43 AM
OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.
I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: krishnaverma on November 14, 2022, 11:42:42 AM
Since bitcoin has benefitted all of us in various ways so if the bitcoin was not created, we would have not been able to enjoy these benefits.

Let me share with you some examples. I am from a country where there are very less online earning opportunities. After I registered on this forum, I came to know about bitcoin and started investing in bitcoins and made som really good profits. I also came to know about signature campaigns which paid me in bitcoin only. If there was no bitcoin, I would not have made this money. There are millions of people like me who benefitted from the existence of bitcoin. We would have been in a bad financial condition in case there was no bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: posi on November 14, 2022, 11:52:20 AM
OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.
I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Japinat on November 14, 2022, 02:07:13 PM
Without bitcoin, the world will continue to run, the world economy will continue to spin, and human life will remain as usual, but if bitcoin is not created, there will certainly never be new challenges in the assets that we hold and control ourselves, basically there is no one. no one knows what was in the mind of Satoshi Nakamoto at that time, the originator of bitcoin whose name is known throughout the country, but until now no one has been able to reveal the true identity of Satoshi.

Well, of course, the world will continue to run as well as the economy inside it, but without bitcoin and other cryptocurrencies, our choices would be much limited just like what the OP have stated. And the governments around the world will take advantage of their controls and continue to make their people blind to the reality that they're getting robbed.

And for the creator behind bitcoin, as much as the creator would like to take credit from it and to be known around the world, he, Satoshi chose not to reveal himself/herself/themselves. Let's just respect it and stop finding the real identity behind the name Satoshi Nakamoto.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: xSkylarx on November 14, 2022, 03:55:03 PM
if bitcoin was not created by satoshi then everyone would hold fiat money and gold as their assets, now bitcoin has been born and now many people have believed bitcoin is the most valuable asset, maybe in the future another one will be born again and valuable and useful then bitcoin will lose and so on.

If digital assets won't exist at all. Most people will hold gold, as you've said, but only a few of them since it costs a lot and is not that easy to buy, unlike buying bitcoin, which is done online and in your home. If bitcoin wasn't created, it could not help me financially, not just me, but all of us who are investing in bitcoin. We now see bitcoin as a way to make money that will help us with our daily needs.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: lizarder on November 14, 2022, 04:44:09 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it.
Great things that have happened in the world there are several models, such as the internet and telecommunications which have developed so rapidly. But the model cannot provide Bitcoin-like utilization and it is for this reason that Bitcoin is far more developed than its predecessors.

Quote
No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this.
Regarding the community, I think not only in bitcoin, the stock market also has a big community for now. Decentralization establishes a delegation for more independent decision-making, this is not shared by any community other than Bitcoin.

Quote
Govts and Banks would have taken full advantages during pandemic
If Bitcoin was not created, maybe people would choose gold to be a source of investment or it could be an inanimate asset such as land in various uses. But the presence of Bitcoin really changes the previous challenge for the better.

Quote
The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild".
The creator of Bitcoin took the initiative not to reveal his identity, because Satoshi Nakamoto understands the consequences of identity as privacy, and perhaps if identity is disclosed to the public, there will be risks involved.
Satoshi Nakamoto understands the concept of human life in the technological era, so identity is not something that is important for anyone to know.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Mpamaegbu on November 14, 2022, 06:16:52 PM
But have you ever thought how could be the world without bitcoin ..

Frankly speaking, and responding to the topic, there wouldn't have been anything wrong still. Man would be carrying out his functions like it's normal. You can't miss what you do not know exists. Without the advent of Bitcoin, life would still carry on. Before Bitcoin, there was life and after it, there will still be life.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: FanEagle on November 14, 2022, 07:08:22 PM
Honestly? I do not think that the whole world in general would have that much of a big difference. It is another industry that hires people, there are tens of thousands of people who work and make an income, and there are thousands who made millions of dollars worth of profit and got rich.

However, all of that money usually came from someone else, which means they did not really change the amount of money available in the world, and that is why I doubt that it would make a big difference in the world generally. It is just something that would have been like how it was before crypto was invented, and it would go on like that without interruption. My life certainly would be 10 times worse :D so happy crypto exists.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Cryptomultiplier on November 14, 2022, 07:15:16 PM
Well, the world would be better and bitter because only then will individuals be committed to the traditional banking systems, and crime would have increased because of the absence of an alternative to earn and contribute to the society, positively.
The outside world would have been closed or reserved to only those who earn from other traditional jobs.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: pawanjain on November 16, 2022, 03:02:20 PM
OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.
I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: posi on November 17, 2022, 02:54:16 PM
OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.
I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

If you say that the crypto industry is helping a lot of people with well-paying jobs or directing them to financial freedom then I really agree with you. I have seen a lot of people have success when they get into crypto, not only as an investment but the industry also provides a significant amount of employment to society. But that's not quite true when it comes to bitcoin alone, to be honest, I haven't seen too many jobs that pay in bitcoin. Currently bitcoin is seen only as a good investment, a store of wealth.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Maximo Spohn on November 18, 2022, 05:52:30 AM
Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Artem Sereda on November 21, 2022, 02:18:08 PM
Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.

Bitcoin has changed the lives of a lot of people, it's true! But the people whom he absolutely did not affect much more! Therefore, it is difficult to judge its usefulness here. Everything is individual!


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Yatsan on November 21, 2022, 02:43:08 PM
OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.
I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

If you say that the crypto industry is helping a lot of people with well-paying jobs or directing them to financial freedom then I really agree with you. I have seen a lot of people have success when they get into crypto, not only as an investment but the industry also provides a significant amount of employment to society. But that's not quite true when it comes to bitcoin alone, to be honest, I haven't seen too many jobs that pay in bitcoin. Currently bitcoin is seen only as a good investment, a store of wealth.
Other than profit from crypto industry, there's nothing more that it affects the world. Bitcoin is still not being used as a mode of payment because it is more preferred to be used as an asset to generate profit. Well some did use this technology with transactions but I doubt they use it on a regular basis. Let's be real.
This technology is amazing indeed but many people are still living without it because these are just alternative currencies at the present. An individual may not or may have an amount of it but it is not a requirement. People may be involved with this industry and may not. We have freedom of choice. There's no need to gaslight its importance that much.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: GideonGono on November 21, 2022, 03:25:36 PM
If Bitcoin didn't exist I think that there would still be cryptocurrency someone would succeed on creating it,
Bitcoin was the first successful cryptocurrency but it wasn't the first so there would still be others who would try if Satoshi didn't create Bitcoin it might just be a different name and creator but I guess it could still be close to it's function.
But if cryptocurrency didn't exist I think some of us might be really bored and doesn't even have investment, I mean I know some people who only started investing because of cryptocurrency.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Zanab247 on November 21, 2022, 04:03:10 PM
If Bitcoin was not created, I guess the high rate of unemployment would have increase higher in the whole world because many countries that made Bitcoin legal for their citizens to used in the countries has reduced unemployment in their countries and increased their employment that is making them to appreciate the founder of Bitcoin all the time. If Bitcoin was not created, what happened in 2020 that made many countries to experienced pandemic that collapsed many countries economy, that helped bitcoiners to recover faster during the pandemic than those who don't have knowledge about Bitcoin in the country because Bitcoin was created in the land.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: inthelongrun on November 21, 2022, 04:11:11 PM
If Bitcoin didn't exist I think that there would still be cryptocurrency someone would succeed on creating it,
Bitcoin was the first successful cryptocurrency but it wasn't the first so there would still be others who would try if Satoshi didn't create Bitcoin it might just be a different name and creator but I guess it could still be close to it's function.
But if cryptocurrency didn't exist I think some of us might be really bored and doesn't even have investment, I mean I know some people who only started investing because of cryptocurrency.

Bitcoin is not the first digital currency but it is the first decentralized cryptocurrency. Without Satohish Nakamoto, a centralized cryptocurrency would've been successful in the next attempts and its growth would only lead to the creation of CBDCs.

Stocks, bonds, and tangible assets are very popular investments but you are right, I knew a lot of people that only started investing when they heard about Bitcoin. These people are driven by the belief that Bitcoin can change their life which may be right, although I prefer people to understand well what they are into.

Without Bitcoin, I am still into different types of investments. And just like you said, it would've been boring. I just feel more confident in Bitcoin rather than in my local country's stock market.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: minime0105 on November 21, 2022, 08:41:29 PM
Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.

I agree with this opinion. Think of a world without cash. If cash wasn't invented in the past, it would have been commodities still used to trade. If there have been no computers, there were definitely no internet, no blockchain, no digital money and no Bitcoin. As simple as possible. There is always at least one alternative and world will never stop moving...
All are the past because all this things were not available you will definitely have another option and you wouldn't have known that those things is in the existence, I'm trying to let you know that the more the year the more we are going into investment as well, so i believe that Bitcoin is a support to a technology of cash precisely, or in other hands is the technology that works directly with fiat currency, so cryptocurrency technology can not be separated with fiat, both is similar in relative


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Newlifebtc on November 21, 2022, 08:55:13 PM
Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.
I notice what is Bitcoin when it is created and introduce but I was not taking bitcoin serious according to to the preaching then have seen online concerning bitcoin it was late 20018  and 2019 I understand what is cryptocurrency so I believe buy Bitcoin I have it technology and the technology of Bitcoin is what is making his supporters to be much


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Odusko on November 21, 2022, 09:18:34 PM
Bitcoin has made us achieve quite a handful of things that ordinarily we would not have achieved, take for example the financial freedom we achieve through Bitcoin would have not been possible without Bitcoin's existence, the bank could have the sole control over all our financial dealings and you know what that means.
Practically, Bitcoin has made the world a better place, and Bitcoin serves as the global financial agent without any third-party involvement


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Bazzu on November 22, 2022, 01:34:44 AM
Bitcoin has made us achieve quite a handful of things that ordinarily we would not have achieved, take for example the financial freedom we achieve through Bitcoin would have not been possible without Bitcoin's existence, the bank could have the sole control over all our financial dealings and you know what that means.
Practically, Bitcoin has made the world a better place, and Bitcoin serves as the global financial agent without any third-party involvement

yes, it is so friend. and also with bitcoin making business easy for example such as short-term investment in bitcoin, or it can also be called day trading. and it has been proven that many people make short-term investments and many are successful. so by creating bitcoin it proved to have a good impact
for human life, especially in the economic field.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: SirLancelot on November 26, 2022, 09:08:03 PM
Bitcoin have helped thousands of people in the world today, I think if bitcoin wasn't created many things would have been happening today which even the government can't control.
Many of us are benefiting from bitcoin today, bitcoin have saved many life's today, so I think if bitcoin wasn't created they'll be much crisis happening today.
Not thousands but millions or even billions. Can't you see the market cap of btc? It won't grow like that if there are only thousands of people involved. If let say btc isn't invented, I think the number of crimes are going to rise because people doesn't have a source of income.

We can't just say that these people must find a job because jobs are also limited but during the time btc came, many jobs are also have opened up related to it. People can also be their own boss by investing or trading bitcoin. A crime or poverty can possibly be controlled by a government but I think too much of it will be hard already, especially if they are not good enough. I am sure that governments are also thankful for btc for saving them, even if some of them has a hate with it.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: serjent05 on November 26, 2022, 09:39:38 PM
Bitcoin have helped thousands of people in the world today, I think if bitcoin wasn't created many things would have been happening today which even the government can't control.
Many of us are benefiting from bitcoin today, bitcoin have saved many life's today, so I think if bitcoin wasn't created they'll be much crisis happening today.
Not thousands but millions or even billions. Can't you see the market cap of btc? It won't grow like that if there are only thousands of people involved. If let say btc isn't invented, I think the number of crimes are going to rise because people doesn't have a source of income.

I think Bitcoin indirectly help people by making interested investors create start-ups that open job opportunity to people.  I agree that source of income become harder or lacking, the crime rate will increase.  But Bitcoin isn't created to give jobs to the jobless, it is created to make transferring funds without trusting financial institutions possible.  So I don't think having Bitcoin not created has an effect on the crime rate.


We can't just say that these people must find a job because jobs are also limited but during the time btc came, many jobs are also have opened up related to it. People can also be their own boss by investing or trading bitcoin. A crime or poverty can possibly be controlled by a government but I think too much of it will be hard already, especially if they are not good enough. I am sure that governments are also thankful for btc for saving them, even if some of them has a hate with it.

Without Bitcoin I believe there will be another option that can create job opportunities.  Besides, there maybe people who got rich trading Bitcoin but there are a lot more people got bankrupt because of jumping into Bitcoin trading without learning anything about the market.  IF someone had gained, someone has to lose.  That is the reality of investment and trading.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: lalabotax on November 26, 2022, 09:52:43 PM
Not thousands but millions or even billions. Can't you see the market cap of btc? It won't grow like that if there are only thousands of people involved. If let say btc isn't invented, I think the number of crimes are going to rise because people doesn't have a source of income.
Surely.
The fact that Bitcoin really helps so many people in the world can't be denied. Although many people said that Bitcoin is something dangerous, they don't consider how Bitcoin has helped so many people in their living. Many people turn their worst life situation into a much better life after meeting with Bitcoin, after working in the crypto business, and after Bitcoin investment. Many people's lives are changing. I don't know why they even cannot see this fact or if they only deny the fact.

We know that Bitcoin also has weaknesses and disadvantages, but actually as long as we can manage it, we can minimize the risks. We are here to learn and also make the best strategy for us to be able to earn more money from Bitcoin. Without Bitcoin the lfie robably willbe the same as usual in the past, there will not be any massive development in the blcokchain technology and earnings.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: 2stout on November 27, 2022, 04:41:13 AM
In the grand scheme of things, the world as a whole would not be much different if Bitcoin wasn't created, at least not yet.  However, the impact on a great diaspora of individuals globally has been nothing short of phenomenal.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Vlad1977 on December 02, 2022, 09:20:53 AM
Many people are thinking of other ways to make money. There are many people who have become rich because of Bitcoin, but there are also many people who have lost their money because of Bitcoin.
The world will not change much. Other innovative technologies would have been discovered without Bitcoin.
Bitcoin does bring a lot of convenience to people.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: febriyana on December 17, 2022, 03:05:52 AM
If Bitcoin wasn't created.
I think no any different.

Bitcoin is created to give us opportunity to have decentralized finance. Where if Bitcoin not created, Banker always become number one.
Where Bank only giving us very small percentage for Certificate Deposit and high fees for transfer from country to country. Because no any competitor..
Also stock market will be leading market for speculation.

But now people has option to choose stock market or crypto market.
Many people come to crypto market because the believe on innovation about technology.
There is different with stock market where people believe on company.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Wakate on December 17, 2022, 06:35:33 PM
The entire world would have looks more worse than what we are seeing and the government would have caused too much problem to the suffering of the masses. Mist of us that are into cryptocurrency can attest to this because when we started, we were not as rich or comfortable as we are now but since the introduction of Bitcoin into the market, we have finally or partial escaped penury which would have worse the whole matter.

The government are there working as if they care about our existence but thanks to Satoshi Nakamoto that introduced Bitcoin to the world so that we can make a decentralized transactions without intervention of the government.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: ginsan on December 17, 2022, 07:51:58 PM
What makes bitcoin unique is that its creator is unknown isn't that what is happening right now. satoshi is the shadow of a name that is an idol for business people in crypto but we won't know where he is whether he is alive or dead, of course we won't know. besides that bitcoin is a unique currency where we don't need banks anymore and various kinds of transaction media tools that target taxes when we transact and the presence of bitcoin has changed everything. I agree with the Op that if there were no bitcoins I don't think we would be in this forum nor would there be anything special about this internet.

Now, if you race on point number 4, maybe that's not an interesting point because we know there are many businesses out there that can provide greater profits, but the existence of bitcoin will make it easier for us when making transactions, that's a big advantage .


Title: Re: How would the world be if Bitcoin wasn't created
Post by: n0ne on December 17, 2022, 10:49:11 PM
If the world hasn't seen the existence of bitcoin, there won't be much of difference. The world would've been the same as the past. Most of the users who have shifted towards cryptocurrency could've been making use of the traditional banking and were never making any complaint. The existence of blockchain and bitcoin serving as the alternate have made people realise how bad is the financial system. The transition have begun and to experience the impact around the world it takes more time and it is too early to be judgemental.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: milewilda on December 17, 2022, 11:59:16 PM
If the world hasn't seen the existence of bitcoin, there won't be much of difference. The world would've been the same as the past. Most of the users who have shifted towards cryptocurrency could've been making use of the traditional banking and were never making any complaint. The existence of blockchain and bitcoin serving as the alternate have made people realise how bad is the financial system. The transition have begun and to experience the impact around the world it takes more time and it is too early to be judgemental.
There would be no indeed difference which we do still ends up on getting too dependent with fiat and dealing up with those centralization in every angle as possible which there's nothing we can do about.
Now, that bitcoin had been created or overall crypto which is in correlating with decentralized stuffs then we do at least make ourselves somehow does have the option on dealing up with something
that cant be monitored.Yes, it does have its pro's but it does also have its cons.There were just people who are really just too optimistic on something ending up on expecting
for Bitcoin to take over which is really that an impossible thing to happen.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: LittleBitFunny on December 18, 2022, 01:07:24 AM
The entire world would have looks more worse than what we are seeing and the government would have caused too much problem to the suffering of the masses. Mist of us that are into cryptocurrency can attest to this because when we started, we were not as rich or comfortable as we are now but since the introduction of Bitcoin into the market, we have finally or partial escaped penury which would have worse the whole matter.

The government are there working as if they care about our existence but thanks to Satoshi Nakamoto that introduced Bitcoin to the world so that we can make a decentralized transactions without intervention of the government.

Bitcoin is not as big as you say, without bitcoin, the world is still the same, neither bad nor better, bitcoin is still not big enough or important enough to impact society. Our world has 8 billion people, and the number of people who know about bitcoin and use it only stops at a few hundred million people. That means more than 7 billion people are still living a normal life without bitcoin, bitcoin is helping many people to have a better life but not all.
But I hope in the future, bitcoin will be more known and widely used because bitcoin is really good for us from investment to convenient payment method that bitcoin brings.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Bazzu on December 18, 2022, 02:19:33 AM
The entire world would have looks more worse than what we are seeing and the government would have caused too much problem to the suffering of the masses. Mist of us that are into cryptocurrency can attest to this because when we started, we were not as rich or comfortable as we are now but since the introduction of Bitcoin into the market, we have finally or partial escaped penury which would have worse the whole matter.

The government are there working as if they care about our existence but thanks to Satoshi Nakamoto that introduced Bitcoin to the world so that we can make a decentralized transactions without intervention of the government.

Bitcoin is not as big as you say, without bitcoin, the world is still the same, neither bad nor better, bitcoin is still not big enough or important enough to impact society. Our world has 8 billion people, and the number of people who know about bitcoin and use it only stops at a few hundred million people. That means more than 7 billion people are still living a normal life without bitcoin, bitcoin is helping many people to have a better life but not all.
But I hope in the future, bitcoin will be more known and widely used because bitcoin is really good for us from investment to convenient payment method that bitcoin brings.

I agree with what you said, because bitcoin does not help all of humanity, but at least minimizes the economic the bad one situation for those who are interested in investing in bitcoin. and with bitcoin a lot of people are helped economically, like I see people with disabilities, like people who have abnormal physical conditions as usual, which are caused by birth or as a result of accidents. and with bitcoin their economy can be helped. as long as they are interested in investing in bitcoin because with bitcoin everything is easy.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: xSkylarx on December 18, 2022, 03:17:23 AM
The entire world would have looks more worse than what we are seeing and the government would have caused too much problem to the suffering of the masses. Mist of us that are into cryptocurrency can attest to this because when we started, we were not as rich or comfortable as we are now but since the introduction of Bitcoin into the market, we have finally or partial escaped penury which would have worse the whole matter.

The government are there working as if they care about our existence but thanks to Satoshi Nakamoto that introduced Bitcoin to the world so that we can make a decentralized transactions without intervention of the government.

Bitcoin is not as big as you say, without bitcoin, the world is still the same, neither bad nor better, bitcoin is still not big enough or important enough to impact society. Our world has 8 billion people, and the number of people who know about bitcoin and use it only stops at a few hundred million people. That means more than 7 billion people are still living a normal life without bitcoin, bitcoin is helping many people to have a better life but not all.
But I hope in the future, bitcoin will be more known and widely used because bitcoin is really good for us from investment to convenient payment method that bitcoin brings.

I agree with what you said, because bitcoin does not help all of humanity, but at least minimizes the economic the bad one situation for those who are interested in investing in bitcoin. and with bitcoin a lot of people are helped economically, like I see people with disabilities, like people who have abnormal physical conditions as usual, which are caused by birth or as a result of accidents. and with bitcoin their economy can be helped. as long as they are interested in investing in bitcoin because with bitcoin everything is easy.

Bitcoin really helped those people in need on money like us , not because of Bitcoin  i cant purchase appliances for our home and also helped me financially which i am thankful. I know most of us here also helped us financially. Back to the topic if bitcoin wasn't created i think there are still no impact worldwide but it has impact to us as a single person as it helped us, it is sort of source of income. I am hoping that the bitcoin continue exist so it could help others too


Title: Re: How would the world be if Bitcoin wasn't created
Post by: shawanetata on December 19, 2022, 05:54:24 AM
My life would not have changed much without Bitcoin. Without Bitcoin, the crypto world might not be known by so many people, that's all.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Smartprofit on December 19, 2022, 03:20:34 PM
1.       If Bitcoin had not been created, Central Bank Digital Currencies (CBDC) would not have been created either.  In 2027 - 2037, a digital concentration camp would not have been built in most countries.

2.    Satoshi Nakamoto, Vitalik Buterin, Dan Larimer and Riccardo Spagni would not be involved in cryptocurrencies.  Instead, they would get carried away with the development of artificial intelligence.  Because of this, Skynet would have captured the planet not in 2050 (as it will happen in real reality), but much earlier (in 2028).  

3.   John McCaffee would not have died in 2021, but in 2045.  He would have managed to become the king of Ireland and the leader of the resistance to the tyranny of Skynet, uniting all of humanity in the fight against the power of machines.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Iroh on December 19, 2022, 04:36:10 PM
Many people are thinking of other ways to make money. There are many people who have become rich because of Bitcoin, but there are also many people who have lost their money because of Bitcoin.
The world will not change much. Other innovative technologies would have been discovered without Bitcoin.
Bitcoin does bring a lot of convenience to people.

Yeah, lots of people are looking to other means of making money aside their main job to make ends meet. And to some, bitcoin has helped with that as there are lots of people who invested and held bitcoin in its early stages and reaped a bountiful return on their investments.
I think the majority of people who lost money on bitcoin are people who had and stored their funds on exchanges that later went bankrupt and folded up, like the recent FTX mess. No doubt, bitcoin has helped change the lives of a lot of people.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Kaliandra on February 03, 2023, 03:51:58 AM
if bitcoins were not made, of course we would not be able to discuss with friends like now.
the 2nd one: I will not know the name of investment because I know investment after bitcoin was created, and also in my opinion we will not enjoy freedom like now, because investing in bitcoin is full of freedom.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Nrcewker on February 03, 2023, 04:28:15 AM
In the grand scheme of things, the world as a whole would not be much different if Bitcoin wasn't created, at least not yet.  However, the impact on a great diaspora of individuals globally has been nothing short of phenomenal.

Yup till now many people treat Bitcoins as a source of investment. Some treat Bitcoins as a profit generating asset. I mean if Bitcoins aren’t created then still many people would have find the replacement of these. People if they want to invest, they could have invested in Stocks instead of Bitcoin. In order to generate profit instead of putting money in Bitcoin, they could have done gambling with their money. So if we see practically then yes no proper impact have Bitcoins left on the world.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: CryptoHeadlineNews on February 03, 2023, 05:06:33 AM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

Share your thought on this .. what do you think would have been situation if Bitcoin was not created

Many people would have still be struggling with finance doing 5 to 9 jobs daily just to put food on the table.

There would have been no bitcointalk where we all come to discuss issues related to Bitcoin and it's ecosystem.

There would have been no means by which we can transfer money to a family member or friend living in any part of the world in few minutes.

There would have been no other way to invest our money for long term rather than banks whereby we have no control over our funds, unlike using Bitcoin whereby it's decentralized and gives us control over our finance.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: ZAINmalik75 on February 03, 2023, 04:23:52 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

Share your thought on this .. what do you think would have been situation if Bitcoin was not created

Many people would have still be struggling with finance doing 5 to 9 jobs daily just to put food on the table.

There would have been no bitcointalk where we all come to discuss issues related to Bitcoin and it's ecosystem.

There would have been no means by which we can transfer money to a family member or friend living in any part of the world in few minutes.

There would have been no other way to invest our money for long term rather than banks whereby we have no control over our funds, unlike using Bitcoin whereby it's decentralized and gives us control over our finance.

I completely agreed with this all because life could be not like we have right now I am personally having too many benefits and other developments in my life due to this which are helping and giving good advantages just because of this bitcoin few years back I have no security for my financial independence and things were completely under others control but after joining bitcoin community now I have few big changes and improvement in my life.

This ecosystem allows me to send and receive my funds freely without any help and just because of this now I have things which I never have in my dream that I can achieve these quickly because one of my neighbors have the best life after 25 years job and I achieve this all in just age of 22, so this is the biggest advantage for them from this bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: martyns on February 03, 2023, 05:59:33 PM
If it weren't for people using cryptocurrencies as assets and making online payments, the world would be a very underdeveloped place. The subject has been thought about countless times because some people choose to trade online using an exchange rather than working a physical job and paying their bills for close to a decade. I'm very grateful to Satoshi Nakamoto for creating Bitcoin in 2008; look at where it is now; its growth and popularity have increased with good profits. With the help of bitcoin, I've accomplished important things in my life, and there are still more on the horizon.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: MusaPk on February 03, 2023, 07:15:52 PM

Yup till now many people treat Bitcoins as a source of investment. Some treat Bitcoins as a profit generating asset. I mean if Bitcoins aren’t created then still many people would have find the replacement of these. People if they want to invest, they could have invested in Stocks instead of Bitcoin. In order to generate profit instead of putting money in Bitcoin, they could have done gambling with their money. So if we see practically then yes no proper impact have Bitcoins left on the world.

Bitcoin is very new market as compared to stock or any other trading market. It will be a matter of time that we will start seeing the impact of Bitcoin on our lives and on this world. One thing we have to admit is that Bitcoin is making a strong impact in terms of receiving payments globally. Today if you are bitcoin aware then you are in better position to receive funds from anyone, something not possible without bitcoin.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Maestro75 on February 03, 2023, 07:16:22 PM
Many people are thinking of other ways to make money. There are many people who have become rich because of Bitcoin, but there are also many people who have lost their money because of Bitcoin.
The world will not change much. Other innovative technologies would have been discovered without Bitcoin.
Bitcoin does bring a lot of convenience to people.

There are people who think of the positives of bitcoin than they think of its side effect. Those who are hit badly and into losses by bitcoin will tell you that bitcoin is the worse investment they got into and will say to hell with bitcoin. I also think what you said that it is true bitcoin brought convenience to people but without it the world will not change much. Bitcoin is not the absolute.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Ptb73 on February 27, 2023, 07:18:28 PM
Now it seems to me that the world would have been completely destroyed if Bitcoin had not been created haha

People would definitely have a lot less freedom. The world without Bitcoin would be a really terrible place.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: virasog on February 27, 2023, 07:27:05 PM
If it weren't for people using cryptocurrencies as assets and making online payments, the world would be a very underdeveloped place. The subject has been thought about countless times because some people choose to trade online using an exchange rather than working a physical job and paying their bills for close to a decade. I'm very grateful to Satoshi Nakamoto for creating Bitcoin in 2008; look at where it is now; its growth and popularity have increased with good profits. With the help of bitcoin, I've accomplished important things in my life, and there are still more on the horizon.

It's very hard to imagine a world which is without bitcoin and cryptocurrencies. Crypto has become a major part of our life and we will not feel good without it. Life would seem empty without bitcoins.
 
For a moment think of a world without internet ? It is beyond imagination. Although crypto is not fully adopted yet and many people never use bitcoin but still it is hard to believe that there can be a time when there would be no crypto currencies.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Smartvirus on February 27, 2023, 08:36:45 PM
It's very hard to imagine a world which is without bitcoin and cryptocurrencies. Crypto has become a major part of our life and we will not feel good without it. Life would seem empty without bitcoins.
It's not so hard to imagine. The most we've got to do is think back to at time in the years before 2009 when bitcoin was created. We are going to have conditions as that prevailing where the closest to having online payments would be bank transfers, coupon chips for discounts and more of those.

Definitely a time I don't wish to go back to. Where not just the government but your neighbours would have some trail on you, that's such a poor way to live. Not only limited to that but, you've got a limited choice of investment and what profits you can hope to get would spawn through a much longer time.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: PrivacyG on February 27, 2023, 08:54:17 PM
People would definitely have a lot less freedom. The world without Bitcoin would be a really terrible place.
People like us, maybe.  But the average human would not feel a difference if Bitcoin did not exist.  We have yet to live the day more people start looking for freedom and Privacy, leaving comfort away.  And I am not entirely sure we will live that day.

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Regards,
PrivacyG


Title: Re: How would the world be if Bitcoin wasn't created
Post by: Smartprofit on February 27, 2023, 09:06:28 PM
Now it seems to me that the world would have been completely destroyed if Bitcoin had not been created haha

People would definitely have a lot less freedom. The world without Bitcoin would be a really terrible place.

If bitcoin had not been invented, then there would be no alternative cryptocurrencies. 

There would be no world decentralized computer - Ethereum cryptocurrency.  If Bitcoin had not been created, then we would know Vitalik Buterin as a brilliant creator of computer games.  DeFi and NFT would not exist. 

Central Bank Digital Currencies (CBDC) would not have been created.  Perhaps this would help to avoid the construction of digital concentration camps in many countries. 

At the same time, in this scenario, private centralized currencies of IT corporations would probably appear in large numbers.  Perhaps the largest IT corporations would challenge the sovereignty of states, declaring their own claims to power and influence.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: oktana on February 27, 2023, 10:06:50 PM
You can agree with me that the concept of decentralized finance may not have been possible today because bitcoin  paved the way for the development of decentralized finance (DeFi), which allows people to access financial service without relying on traditional banks. I also think if Bitcoin hadn't been created, it's possible that the development of blockchain technology would have been slower and traditional financial systems like commercial banks, brokerage firms, loan associations etc would continue dominating the economy.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: I_Anime on February 28, 2023, 03:40:26 AM
1 Web 3 advancements wouldn't have been this fast
2 High Capital investment
3 The Ukraine and Russia war would have had much more damage to the Economy
4 Less Security
5 Lack of Transparency
6 No anonymity
7 Less millionaires and billionaires in the world
8 Less Advancements in Ai
The introduction of Bitcoin and Blockchain to the world has totally helped to advance technology in every sector


Title: Re: How would the world be if Bitcoin wasn't created
Post by: savetheFORUM on March 03, 2023, 08:26:09 PM
You can agree with me that the concept of decentralized finance may not have been possible today because bitcoin  paved the way for the development of decentralized finance (DeFi), which allows people to access financial service without relying on traditional banks. I also think if Bitcoin hadn't been created, it's possible that the development of blockchain technology would have been slower and traditional financial systems like commercial banks, brokerage firms, loan associations etc would continue dominating the economy.
Blockchain and bitcoin was created together, it would have been created together again, they go hand in hand and not differently so when bitcoin was invented, so did blockchain.

To be precise about the history of bitcoin, there were some previous attempts back in the day and most of them failed because they were not backed by something as solid as blockchain, so when Satoshi Nakamoto finally figured out the trustless system of blockchain where everyone was equal and nobody controlled anything, it became a lot better and bitcoin became famous because of this and none of the previous ones ever reached that level. I hope that it will get bigger, but it is already at a legendary level to me.


Title: Re: How would the world be if Bitcoin wasn't created
Post by: so98nn on March 03, 2023, 08:31:54 PM
Ultimately graphic cards would have been very cheap and gaming industries would have been way way slower in making the modern GPU.

Formation of bitcoin has revolutionised many things in the world. Whether it is forcing develop new powering CPU or establishing huge mining industries around the globe we would have missed all of that.

All the countries would have had those boring financial budgets and none of the financial institute would have been so much active.