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Author Topic: If we are to start from beginning.  (Read 627 times)
hahay
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May 05, 2020, 06:33:22 PM
 #61

Not all countries are affected by this covid19 pandemic so I think the econimic reset will only happen to those countries who are badly affected by it. And if there is something I want (somehow relatable to bitcoin or any other form of asset) is for people to stop taking advantage of other people. I hope there will be less greedy people that are taking advantage of someone just to have money or bitcoins most especially on crisis like this. One more thing is that I want bitcoin to be more recognized, not just to some countries but to the world without unjust policies and regulations that will limit our usage and chances to earn.
Not sure about, not all countries are affected by this pandemic. Although they are not recorded or there are even some countries that get few cases of this outbreak, at least I have the assumption that there are errors that may not be transparent in reporting coronavirus cases or other errors, because the spread of this outbreak is so wide that this global crisis occurred. But when it comes to something that has to start all over again, at least I want that the real use of bitcoin can be applied even more in many offline and online trading places, because with real use that will make the popularity of bitcoin and other cryptos continue to grow and become more big.

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May 05, 2020, 06:56:06 PM
 #62

If the economy would have to begin again from the start, what would you want it to be like?

I would like things like these:



didn't happen anymore.

money has blinded many people to the point that they have no feelings for other people. the rich when they arrive in africa pay corrupt governments to start companies that pay very low wages and take the natives to places without basic conditions to live



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May 05, 2020, 07:29:29 PM
 #63

I was thinking if the world has the opportunity to restart again as the covid-19 pandemic has "made" it to look like, that different people would have this thought going on in their head. If the economy would have to begin again from the start, what would you want it to be like?
Things you want to exclude or include especially with the economy in relation to bitcoin. Don't include move to regulate bitcoin because it is not going to work  Grin.

** I would like btc to continue pairing with USD. Grin

I would like the supply of bitcoin to be higher then the finite 21million. I believe, this BS is very limited for the whole world and will be highly scarce.
In the case of a new start that is one of the things that should remain as they are, the limit of 21 million coins is one of the reasons that makes bitcoins so valuable and while it is understandable that people are not really happy about that limit because that gives an advantage to all of those people that bought it when it was really cheap, we need to recognize that those people took a risk and now they are reaping the rewards just as they will do with any other investment, besides it is not true that bitcoin is too limited to service the whole world economy it just means that each bitcoin is going to become incredibly valuable in the future if that scenario came to happen.
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May 05, 2020, 07:54:15 PM
 #64

I'd personally like to see less greed and an impact noticeability for people's actions, a lot of people not at the top aren't at the top because they can't handle their own funds an da lot of people near the top may have far too much influence over certain things people need...
Greed is a basic attribute of mankind. It will never go away, not even the destruction of the world will take it away. That is what man has become. On my part I will like to see a situation where I had the advance knowledge of what is happening now in 2010 when bitcoin was a shitcoin. I would buy a truckload and hold the way am holding some shitcoins now.
For some reason you can actually feel that the mankind is like a car racing, greed to win life is what drives them off and a car race would be meaningless if they are at the same speed at the same spot. Everything was peaceful until they changed our money into fiat which is not backed by any physical commodity so they could just print it out of thin air. So now rich people is getting richer and poor people gets poorer, this is what I don't like with the world now, most people are less privileged because of money.

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May 05, 2020, 11:39:04 PM
 #65

I don't really believe in a reset of the world economy caused by the corona pandemic. But if so, I'd personally like to see a world free from slavery to banks and other financial institutions. The idea of a global decentralised monetary system looks so far to be true for next generations, but i think people, after the pandemic, would take more attention to secure their savings from centralised authorities. It's a great chance that we had already built bitcoin before a new global crisis occur after the crisis of 2008.
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May 06, 2020, 12:27:44 AM
 #66

You really don't want to restart the economy or make it start "from the beginning" after the pandemic ends. Trust me, it might sound all fun and exciting, but the consequence would be drastic. Yeah, we can fix a lot of mistakes made in the past, but is it worth the risk? Think about how chaotic everything would be. The rich and the poor both will suffer due to the restarting on the economy from the beginning. It would take ages to get everything back to a stable point.
Don't wish for a economic restart, rather hope for an economy recovery after the pandemic.

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