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September 20, 2025, 03:31:50 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
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1  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Solving inequality? on: September 11, 2025, 05:09:45 PM
I do not think crypto or bitcoin is very useful at this front. The majority of bitcoin is held by rich and powerful only. Poor does not have money enough to fulfill their basic needs. They cannot even think of accumulating bitcoin or other costly coins.
2  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin block rewards suddenly stopped tomorrow? on: September 05, 2025, 01:33:46 PM
Without mining rewards, would miners keep the network alive with just transaction fees, or would Bitcoin collapse?

Bitcoin will not collapse. Even without miners getting any more rewards for mining a bitcoin, the reward they will get from the transactions fees of processing bitcoin into the blockchain will be enough for them to continue. Bitcoin will be more scarce by that time, and I’m sure the price of it will be far higher than what it is today, so definitely the miners rewards from transaction fees will be sufficient for them to continue mining. The protocol has been designed to be a continuous process, so I don’t see bitcoin mining coming to  an halt if there are not more bitcoins to mine again.

When there are no bitcoins left to be mined , even then mining will continue ? Really ? When is last bitcoin expected to be mined approx ?
3  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin survive if all hardware wallets suddenly stopped working? on: September 05, 2025, 01:32:40 PM
Assuming that all hardware wallets are gone, then we can technically transfer our BTC to exchanges.
I think an experienced user will just use Electrum or something else to manage their coins instead of relying on an exchange. It's such a start to move from a self-custody option to a centralized platform like that. Not to mention if HW is gone for whatever reason, then there's a higher chance that the platform is using software that has questionable security, too. If they use Electrum or something similar, then why would we have to rely on them instead of securing our wealth ourselves?

I thought Electrum was also a hardware wallet. Isn't it ?
4  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin still exist if the internet was shut down worldwide for a week? on: September 05, 2025, 01:31:56 PM
The problem is that will never happen, the government will never let an internet blackout happen, let alone for a week.

Water is an essential nutrient and humans would die without it. Likewise, the role of the Internet in the modern world economy is extremely essential and important. Without it, the economy would collapse. Therefore, the scenario of a global internet shutdown for a week or more is unlikely.

I know this is just hypothetical but come up with more realistic hypotheticals, discussing situations that are likely to never happen is pointless.

You think Internet shutdown is not possible ? It is already happening in many countries. Many governments have done this recently.
5  Economy / Services / Re: Krishnaverma's Signature, Avatar and Personal Text for rent on: September 05, 2025, 01:30:53 PM
Bump
6  Economy / Services / Re: Krishnaverma's Signature, Avatar and Personal Text for rent on: August 31, 2025, 06:43:09 AM
Perhaps a flag is next, after I figure out how they work.  Kiss

As if I or this forum cares about a flag from a immature gut who keeps his personal grudges for giving negative trust.
7  Economy / Services / Re: Krishnaverma's Signature, Avatar and Personal Text for rent on: August 30, 2025, 01:09:21 PM
anyone who hires you should be tagged as well.  Smiley
Another wish of yours. No one cares about your wishes here.
8  Bitcoin / Bitcoin Discussion / Could Bitcoin still exist if the internet was shut down worldwide for a week? on: August 30, 2025, 03:56:00 AM
Would Bitcoin survive through offline solutions like mesh networks and satellites, or would it completely halt?
9  Bitcoin / Bitcoin Discussion / Re: What will happen if Bitcoin mining could only be done using solar energy? on: August 30, 2025, 03:53:17 AM
Just know that the big economies like the United States and China can not make such law.

Why ?
10  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin survive if all hardware wallets suddenly stopped working? on: August 30, 2025, 03:52:07 AM
Bitcoin goes live in 2009 and the first commercially available hardware wallet was launched in 2014.
Guess what happen between those years where hardware wallet didn't existed?. Yes people use desktop wallet, always has been.
I hope this answers it clearly.

Do people still use desktop wallet ? Would they switch back to them if forced to do so ?
11  Economy / Services / Re: Krishnaverma's Signature, Avatar and Personal Text for rent on: August 30, 2025, 03:50:33 AM
Never should any legitimate service rent anything from this user. He is a spamming parasite and is hurting this forum. Any service that would consider hiring him should be considered dishonest and untrustworthy.

The forum does not work based on your wishes. I have had the opportunity to advertise good services in my signature and will continue to do so in future.
12  Bitcoin / Bitcoin Discussion / Re: What will happen if Bitcoin mining could only be done using solar energy? on: August 27, 2025, 10:09:12 AM
If governments forced miners to use solar energy only, would Bitcoin become more sustainable and valuable, or would it reduce mining capacity drastically?
This is not possible, all governments in the world can not think the same. When China banned bitcoin mining that time in 2021 or so, it was an opportunity for country like Kazakhstan which encouraged bitcoin mining and the country is using coal for energy generation. Know that if a country say something, another country may say another thing.

What if some big economy made it mandatory to do mining only using solar energy ? Will it have any impact on bitcoin ?
13  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin block rewards suddenly stopped tomorrow? on: August 27, 2025, 10:08:07 AM
If it suddenly stops, it will be difficult to sustain mining on transaction fees alone. This would certainly put security at risk and the future of bitcoin would be uncertain. But only time will tell whether it can survive. I don't think that will happen at all. But if it does, the market would be completely destroyed.

Is it practically possible under any scenario ?
14  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin survive if all hardware wallets suddenly stopped working? on: August 27, 2025, 10:06:45 AM
If this were to happen, as crazy as it sounds, it's not going to do anything, as other members have said. Perhaps some dislike those hardware manufacturers that should have been fulfilling their role as a reliable one.

This would just be reputational consequences for the manufacturers. Nothing else.

So the dependency on them for security is baseless ?
15  Bitcoin / Bitcoin Discussion / What would happen if Bitcoin transaction fees was reduced to zero ? on: August 26, 2025, 01:19:44 PM
What would happen if Bitcoin transaction fees was reduced to zero ?

Would Bitcoin adoption skyrocket if sending BTC was free, or would miners abandon the network due to no incentive?
16  Bitcoin / Bitcoin Discussion / Could Bitcoin survive if all hardware wallets suddenly stopped working? on: August 26, 2025, 01:18:56 PM
If hardware wallets became unusable, would confidence in Bitcoin weaken, or would people adapt with new storage methods? Is this even a possibility ?
17  Bitcoin / Bitcoin Discussion / What if Bitcoin block rewards suddenly stopped tomorrow? on: August 25, 2025, 04:19:38 AM
Without mining rewards, would miners keep the network alive with just transaction fees, or would Bitcoin collapse?
18  Bitcoin / Bitcoin Discussion / What will happen if Bitcoin mining could only be done using solar energy? on: August 25, 2025, 04:19:02 AM
If governments forced miners to use solar energy only, would Bitcoin become more sustainable and valuable, or would it reduce mining capacity drastically?
19  Bitcoin / Bitcoin Discussion / Re: Bitcoin transactions settled instantly: Can this be reality one day ? on: August 24, 2025, 09:44:43 AM
For faster payments we already have lightning which is pretty cool.

Does that come with additional costs ?
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin transactions settled instantly: Can this be reality one day ? on: August 23, 2025, 05:27:46 PM
Anything is possible, but I don't think this current time it takes for a transaction to get confirmed is too long to be patient for, depending on how the mempool is congested or less busy.

It can be a hurdle in some cases like when the buyer needs instant delivery but seller makes him wait till confirmed.
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