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Author Topic: Society without money ?  (Read 2643 times)
bhabygrim
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September 13, 2017, 06:26:42 PM
 #21

Can we imagine a society without money ? Now a days the term bitcoin is getting very much interesting to all so is there any chance that in your future there will be bitcoin in exchange of money and if it happens what will be its consequence i thing it will be good because there is many country where the money value is low so its tough to carry a lot of money if bitcoin comes everywhere this problem can be solved.

I don't think that bitcoin can replace money. First of all, government wouldn't allow it. Bitcoin and cryptocurrencies are decentralized, which would make it hard for the government to monitor. The government would always want control over it's currency. Big countries wouldn't allow this to happen because their economy would crash.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Lecam
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September 13, 2017, 07:24:19 PM
 #22

Can we imagine a society without money ? Now a days the term bitcoin is getting very much interesting to all so is there any chance that in your future there will be bitcoin in exchange of money and if it happens what will be its consequence i thing it will be good because there is many country where the money value is low so its tough to carry a lot of money if bitcoin comes everywhere this problem can be solved.

I agree with you that having bitcoin could save you from bringing a large amount of money around. But, having the government remove fiat money because of bitcoin is quite impossible. Government has complete control over the money, while on the other hand, cryptocurrency can't be controlled by the government because of it's decentralization. So, you know the answer. Government wouldn't allow crypto's to take over fiat money.
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September 14, 2017, 03:41:42 AM
 #23

I think this is possible within our lifetimes
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September 14, 2017, 09:23:08 PM
 #24

Cryptocurrency shifts the power back to the people.
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September 15, 2017, 01:09:43 AM
 #25

It will be perfect I think because everyone or the majority are loosing the human values just for money, just to be rich.
So why not to make it disappear and have a new start.
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September 15, 2017, 04:24:27 AM
 #26

Can we imagine a society without money ? Now a days the term bitcoin is getting very much interesting to all so is there any chance that in your future there will be bitcoin in exchange of money and if it happens what will be its consequence i thing it will be good because there is many country where the money value is low so its tough to carry a lot of money if bitcoin comes everywhere this problem can be solved.
It is too early to say that bitcoin could completely replace money. I think that this will not happen ever. Can not people completely give up money.

oxygen88
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September 15, 2017, 09:25:38 PM
 #27

bitcoin is still money in some way because it can be exchange into fiat money, that is why it have values in it.
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September 15, 2017, 09:55:26 PM
 #28

Bitcoin is a form of a currency... So if you are telling us that physical money is the only money we have... That's not true at all... Even without money people would have something in exchange of the service or good they offer... In history... They tend to exchange goods for goods... They called barter...
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September 15, 2017, 10:06:04 PM
 #29

I don't think it is worth the try to eventually replaced money by bitcoin. When time comes and internet will switch off for a reason I still don't know as of this moment. But if, it is possible. Bitcoin transactions will not be possible at all.
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September 15, 2017, 11:36:16 PM
 #30

Society needs money so as not to have to exchange things. I guess money was invented thousands of years ago, and for a reason...

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ice18
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September 16, 2017, 01:14:20 AM
 #31

Replacing fiat money with btc is very impossible even in the future because using btc means using a device like smartphones upon receiving and sending transaction and waiting for confirmations that  takes hours which is very inconvenient if you are in a hurry, i think for now no any cryptocurrency or virtual money can replace fiat money. 

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September 16, 2017, 02:32:52 AM
 #32

This is impossible. What about other people that have no idea about internet, bitcoin or cyrptocurrency? For me, a society without a money is a very long journey or process. Let others get familiarized and informed about crypto so that this may finally happen.

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September 16, 2017, 03:50:37 AM
 #33

No money is monetary and important Money is a big part of how the world is ran today. You have so many different policies, trades, and events that work strictly off of money so money is very important, and a big part of how countries function. This will never change even in the future as technology and monetary needs become more advanced.
rjbtc2017
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September 16, 2017, 04:43:20 AM
 #34

Can we imagine a society without money ? Now a days the term bitcoin is getting very much interesting to all so is there any chance that in your future there will be bitcoin in exchange of money and if it happens what will be its consequence i thing it will be good because there is many country where the money value is low so its tough to carry a lot of money if bitcoin comes everywhere this problem can be solved.
This is contradicting society without money yet you want us to imagine that bitcoin can solve the value problem of poor countries?.  Money is now standardized as a global need and means of product exchanges and services, even if bitcoin 'comes everywhere' this doesn't solve the problem of poor countries.  Bitcoin still needs a value and that value will based from fiat. Therefore this is impossible.
Alanin
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September 16, 2017, 04:54:53 AM
 #35

No money would cause loss of control..
No control would cause everything to become no mans lands, or run by mafia like food gangs.
No mans land would eventually become a bad scenario of old Somalia with no rules whatsoever.
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September 16, 2017, 06:08:33 AM
 #36

Can we imagine a society without money ? Now a days the term bitcoin is getting very much interesting to all so is there any chance that in your future there will be bitcoin in exchange of money and if it happens what will be its consequence i thing it will be good because there is many country where the money value is low so its tough to carry a lot of money if bitcoin comes everywhere this problem can be solved.
In this generation, we can't really imagine a society without money, because almost all our daily transactions requires money. Money is one of the scarce in the economy. But I think, if the society don't have money, trading will exist. It will be more hard to get what you want because you need to have some things to trade for it. It will be uneasy but possible.
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September 16, 2017, 06:26:20 AM
 #37

There was a time when people used  barter system. Word war 3 may bring that back if Einstein's prediction gets correct.
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September 16, 2017, 09:47:56 AM
 #38

for me paper and normal money will effect till 2030 after that virtual money will effect
Bunsomjelican
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September 16, 2017, 04:22:46 PM
 #39

Can we imagine a society without money ? Now a days the term bitcoin is getting very much interesting to all so is there any chance that in your future there will be bitcoin in exchange of money and if it happens what will be its consequence i thing it will be good because there is many country where the money value is low so its tough to carry a lot of money if bitcoin comes everywhere this problem can be solved.
I think the places or the society without money is the place where people who stayed in isolated island were internet is not available, and to those people also who stayed in the mountenous places. Money is very hard for tem to earn,  so I think this supposed to be reaches by the government and implement some by laws in this kind of situation.
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September 17, 2017, 08:35:40 AM
 #40

i think bitcoin will really effect at 3rd world because 200$ can help family for month
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