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Author Topic: If Bitcoin is Adopted what happen to ilerate population(stone age people)  (Read 20637 times)
karloscimot
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February 21, 2019, 02:26:06 AM
 #121

If bitcoin is adopted everywhere. It should be optional not mandatory to use only bitcoin and any other digital currency. So illiterate peoples will use traditional currency and they will also increase their understanding regarding digital currency with time.
if all countries adopt bitcoin, it will take a very long time. because there are several supporting facilities that must be met to be able to use bitcoin online. Internet networks can create obstacles for some underdeveloped countries. maybe the use of bitcoin is more suitable for use in developed countries and is an alternative currency for countries that have not been able to provide supporting facilities for bitcoin.

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February 21, 2019, 06:58:59 AM
 #122

If Bitcoin will be adopted, it will not replace fiat, but it will coexist with it and improve a lot of issues from current payment systems.

Nobody will force you to use btc instead of fiat. Nobody forces you to use credit card instead of cash, even if it's way easier to do it.

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idham29
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February 22, 2019, 02:41:04 AM
 #123

a phone is also an invention an if it is necessary then people will adopt this kind of invention, and ofcourse not all the time this kind of invention is not applicable the everyday living of a illiterate people. And maybe if this industry will be 100% adapted then those illiterate people are no longer exist.
Human intellectuals will follow the era, meaning that no one cannot be as long as the technology is obliged to be carried out, for example the use of household electronics. Likewise with digital currencies such as bitcoin, which must be used throughout the world, people must follow it.
In theory bitcoin can be required to be used, but in its implementation it is not that easy, because high-speed internet network must be provided by the government, it is not an easy thing. Moreover, the people in the interior are still primitive and only know something that is physical, while digital money is not physical.

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February 22, 2019, 04:54:00 AM
 #124

I think it is not necessary for them to be introduced bitcoin in their era. Even money does not yet exist to them, if ever it is introduced to them maybe they just left it and their next generation would probably understand it. Even now, many people also doesn't understand crypto as well. Only few percentage of population in this world have a knowledge and idea about bitcoin and cryptocurrency.
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February 22, 2019, 06:19:15 AM
 #125

I don't think there will be any policy that will compelled everyone to make use of Bitcoin and crypto currency in general. And it all depends on what you meant by not educated because there are not educated but still there can operate their phones and not only that, Bitcoin or crypto currency in general can't and will not be the only currency in the world.
It must be borne in mind that some people simply will not use cryptocurrency, because they will not need it. Everyone does his own job and not everyone has just the time to do something new. Some people will just live the old way and it will be convenient for them. What, in fact, can they be blamed? Each of us has the right to live and do what he wants. Cryptocurrency, in my opinion, will not be as common with time as some think.
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February 22, 2019, 04:58:47 PM
 #126

My grandmother can't even use a smartphone properly. She's got a regular cell phone. Even to withdraw money from the ATM I have to go. What kind of bitcoins can we talk about? And there are a lot of such people all over the world and nothing can be done about it.

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TheCoinGrabber
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February 22, 2019, 06:11:42 PM
 #127

I think OP was underestimating people a little. Mobile payments for example is big in Africa, even among the unbanked. I can imagine "Stone Age" people just acquiring the older tech. When people moved on to bitcoins using smart phones, they'll be the ones moving on to mobile payments using dumb phones.

This thread is a good one and still questionning my mind.
There are more people who dont know what is ATM? there are some who knows how to use ATM though they are just average!
in Cryptocurrency! we can't take this easy nor fast there are not just some but more people out there that just not to know how it woks but no idea!

I know someone who has never kept money in a bank. Let that sink in. All her money is at home. Just imagine what happens when the house gets robbed.
kingpin4321
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February 22, 2019, 06:37:59 PM
 #128

The world is constantly evolving and so are citizens and technology.
Understanding bitcoin is not rock science in other words its not so complicated to get the knowledge of it.
So I don't think we literally have any stone age people.
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February 22, 2019, 08:11:37 PM
 #129

stone age people will surely find a way around and get to use and understand bitcoin gradually. Remember when computers and even telecommunication just got introduced, we thought it will be difficult for the less literate ones to use but today we have seen how it has been widely adopted all across the globe. No doubt the illiterate ones will gradually get use to bitcoin usage as times goes on.

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teejayrichard2
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February 22, 2019, 10:03:53 PM
 #130

the stone age people will adjust to the use of bitcoin with time same way they did when past technologies were introduced to the world. Though they may find it a bit uncomfortable to understand and use initially but then they have to adapt as bitcoin is something the world has long waited for and has come to stay.
ymer
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February 23, 2019, 06:12:40 PM
 #131

Bitcoin is digital currency revolutionizing the finance Industry which many predict to be the currency of the future.

We live in global village that comprises of the educated ( Digital age) and the uneducated(stone age ) .the stone age is the era of the early men who are still alive and also practicing old cultural ways passing it from generation till date ,they have not been privileged to read and write .
The Digital age  have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the stone age  have not been able  to reap this benefit Bitcoin have to offer  due to their poor background in education . Let's take a proper example in the Africa continent we have more than 50% who where not eligible to go to school due to lack of funding and infrastructures within their territory.

The worst senero is that they can't read or write which makes it difficult for them to operate the internet since Bitcoin transactions are done on the on internet.they prefer to use the traditional paper currency  they feel it is comfortable  for them.
This is the major reason why Bitcoin and other cryptocurrency is yet to be adopted by the masses.

How can these set of population be carry along to use the Bitcoin as mode of financial transaction if Bitcoin is the said "future currency"?

There is no project on the crypto space to address this unforeseen challenges.

Deliberations and ideas are welcome on how the group of personal can be integrated in the system.

I am very sure that bitcoin will use world wide legally. Individuals should realize that the world is quick developing and things are quick moving constantly; advances are progressing too. I put stock in cryptographic money basically on the grounds that it is an advancement that suits the present time. The stone age individuals will just have themselves to fault toward the end, for not tolerating it.
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February 23, 2019, 07:18:21 PM
 #132

My grandmother can't even use a smartphone properly. She's got a regular cell phone. Even to withdraw money from the ATM I have to go. What kind of bitcoins can we talk about? And there are a lot of such people all over the world and nothing can be done about it.

It's normal. My parents don't use computers at all. They lived their whole lives in a world without Internet and disregarded it at first as something tech geeks are into but it progressed and left them behind. Now they think it's too late to learn from scratch so they ignore it and live their lives like they did in the 80s.
When they want something to be scanned or printed they ask me. This group will never use crypto but they will die before it takes over.
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February 23, 2019, 08:25:39 PM
 #133

My grandmother can't even use a smartphone properly. She's got a regular cell phone. Even to withdraw money from the ATM I have to go. What kind of bitcoins can we talk about? And there are a lot of such people all over the world and nothing can be done about it.

It's normal. My parents don't use computers at all. They lived their whole lives in a world without Internet and disregarded it at first as something tech geeks are into but it progressed and left them behind. Now they think it's too late to learn from scratch so they ignore it and live their lives like they did in the 80s.
When they want something to be scanned or printed they ask me. This group will never use crypto but they will die before it takes over.
There are many people who are in these conditions, a solution to this, can be a massive campaign by radio, television, social networks, where they can give training to these people.

That they create special implementations, such as debit cards that have a QR code included for transactions, and work for both FIAT and Cryptocurrency money.

Especially provide very good explanations of how is the currency equivalency with respect to fiduciary money.
In that way, and repeatedly every day, they would assimilate it.

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February 24, 2019, 08:56:47 PM
 #134


There are many people who are in these conditions, a solution to this, can be a massive campaign by radio, television, social networks, where they can give training to these people.

Do you really think that repeated advertising in the media will make them grasp cryptocurrencies? These are people who aren't using smartphones or bank applications at all. They are paying with cash or card and they never use any applications. Telling them to do so will not change anything. Smartphones are promoted and so are online bank applications. If they chose not to use them they will not change their mind if you scream crypto in their faces.
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February 24, 2019, 10:22:42 PM
 #135

Bitcoin is digital currency revolutionizing the finance Industry which many predict to be the currency of the future.
If Bitcoin is Adopted what happen to ilerate population(stone age people)

That is great question. Most sadly must die to make place for young people that easier will adapt new knowledge.
So if they need to die, we need around 30-40 years time for next generation adopting it not in terms of 30% or with good education 35% but 80% and with good education 85% Smiley
Progress is best with new generations.
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February 25, 2019, 06:07:23 AM
 #136

Well I guess, those stone age people or the ileterate population of the world will come to have a hard time in the current way of living. Adopting Bitcoin all over the world is not that simple as saying but entails a lots of adjustments and knowledge to make it happen all over the world.
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February 25, 2019, 06:33:19 AM
 #137

But most of the illeterate can use the fiat currency in digital form right? so why they can't be able to use the digital currencies.
It is not that easy as it sounds, people who use smart phones are the ones who pay fiat currencies in digital form and all of the applications they use are registered with the local government and policies are clear and even if you loose your password you can retrieve it, that cannot be said when it comes to cryptocurrencies, either you have to store in online wallets which is not the safest option to store your coins, you need to have your own wallet where you hold your private key and a causal user will not bother to go through all these obstacles.

a phone is also an invention an if it is necessary then people will adopt this kind of invention, and ofcourse not all the time this kind of invention is not applicable the everyday living of a illiterate people. And maybe if this industry will be 100% adapted then those illiterate people are no longer exist.
Since you are talking about illiterate people how can an industry adaptation change illiteracy, hope you understand what you are talking about  Tongue Grin
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February 25, 2019, 08:08:28 AM
 #138

Not all stone age people will be able to adapt with the technology and there is nothing to be done about it ,we can't force anyone to join crypto space, but I'm sure many of them will want to learn and that's all that matters ,if they are ready to learn then they will get better at the technology

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February 25, 2019, 04:40:55 PM
 #139

I think paper currencies will still be valid and will still be used, and even though bitcoin is adopted but I don't think it will be able to eliminate traditional currency.

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February 25, 2019, 04:45:52 PM
 #140

We have made different changes and development in the world.
People all over the world were using BARTER before and slowly adopted the gold and silver coins.
The paper money came this world and people learned on how to use it, then banks and cards development still, people catch up.
same will happen again and again!

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