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Author Topic: 60% of world population cannot access computer so Bitcoins will fail.  (Read 1830 times)
Tommy len
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June 02, 2018, 02:27:53 PM
 #181

I'm sorry but Bitcoin is so young. All you need is a smartphone with an internet connection. And in my country a smartphone can be purchased for as little as $50. Here in India, it is estimated that some 300 million people use smartphones, which is close to one-fourth of the total population.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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poisonivy77
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June 02, 2018, 02:43:57 PM
 #182

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

I would tend to disagree although many people don't have computers and have no way of accessing still bitcoin was able to survive without many supporters and members still I could say bitcoin will never fail.

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June 02, 2018, 02:52:01 PM
 #183

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

I think that bitcoin will go mainstream even if 60% doesn't have access to it. Just like the internet not everybody has access to it but it is needed by everyone. And it is already mainstream. Everything is online already so digital currency is coming

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June 02, 2018, 02:58:47 PM
 #184

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

I think that bitcoin will go mainstream even if 60% doesn't have access to it. Just like the internet not everybody has access to it but it is needed by everyone. And it is already mainstream. Everything is online already so digital currency is coming
Yes, everything is correct. Bitcoin is an internet currency, and if people do not have internet, then they can not use bitcoin. But this is not a flaw in bitcoin. Bitcoin looks to the future. Cool

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Mr.Dick
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June 02, 2018, 03:00:26 PM
 #185

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

But did you think about the world changing to globalization. I don't want to state it is going to be better with it, but for sure computers are getting more accessable. Even in poorer countries it gets inevitable to owna smart phone, on which you can do cryptos!

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June 02, 2018, 03:01:35 PM
 #186

As I personally do not think that 60% of the world's population does not use computers, the value of bitcoin goes down because of the many factors that drive it down. For example, 2017 is the peak of bitcoin, while the number of people using the computer is probably less than 2018.
fritzbird
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June 02, 2018, 03:26:55 PM
 #187

With that amount of the world’s population having lessen or no access
at all, it is no surprise that Bitcoin hasn’t truly pushed through what
people have expected. But if does have access, changes with bitcoin
will surely have an enormous impact. Bitcoin will succeed.
Abete
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June 02, 2018, 03:32:03 PM
 #188

In countries where people do not have access to a computer, them are not at all up to bitcoin. They are preoccupied with more elementary problems. On investment and financial literacy, there is nothing to say.

yes, that can be true. but the world community today is also busy with social media, but if bitcoin like social media. I think developments will drastically occur.
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June 02, 2018, 03:45:38 PM
 #189

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

No, not like that.
Computers will be the only thing in the future that rule the world, so the people who can't access computer will dissapear slowly and they have no power to beat computer's power.
I think 20 years from now, computer is already rule the world, robots is everywhere and human interaction is become less.
Gotumoot
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June 02, 2018, 03:58:17 PM
 #190

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

I think that bitcoin will go mainstream even if 60% doesn't have access to it. Just like the internet not everybody has access to it but it is needed by everyone. And it is already mainstream. Everything is online already so digital currency is coming
The question saying that bitcoin might die because only 40% knows how to use computer. How pathetic! then why does the bitcoin still exist up to this very day? Even if the percentage is lesser, bitcoin will surely survive up to the future because of its potentials. Dont underestimate the power of the first decentralized digital currency, the father of all cryptos.
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June 02, 2018, 04:03:46 PM
 #191

I didn't even suppose the the percent is so high. But look, OK comps cost more than a simple smartphone, so I guess with smartphones the situation is better and people can use Bitcoin from their phones, the only thing that needed here is Internet.
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June 02, 2018, 04:17:34 PM
 #192

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.


of course, but you missed the mistake. today the era of digital technology all the more accessible information from smart phones. and almost the entire city community has it from the cheapest price. is not it able to access crypto and bitcoin? What do you think ? I think in time the digital technology will grow more rapidly and this will affect the development of bitcoin.
usamamalik555
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June 03, 2018, 10:15:00 AM
 #193

It won`t affect and kill crypto, look, 60% of population is poor for a long time not just today and somehow it-technology lived up and brought money, the same is with BTC. It will never be adopted everywhere in the world, but it doesn’t mean it is going to fail.
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June 03, 2018, 01:18:41 PM
 #194

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
Annually the amount of computer literate people in the whole world increases. Who said bitcoin would fail because 60% of people are still have no access to computers or not well-versed in the computer world? Every year we are one step to progression, We can't say bitcoin would fail just because the amount of people who uses computers is still relatively low.

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June 03, 2018, 02:20:30 PM
 #195

Smart people will see that those who cannot use computers are the target group for future BTC!
Computers and the Internet will slowly spread to these people. These people will also accept the BTC's thinking!
BTC will be used by more people and BTC will succeed!
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June 03, 2018, 07:18:46 PM
 #196

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

You are correct that there is a limitation to this technology, however I don’t think this will make it fail. Computer companies like Apple are thriving even with these same people unable to access computers or smart phones. Internet providers are thriving as well, plus many internet companies. If these can all succeed, then why can’t a digital currency?
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June 03, 2018, 07:29:18 PM
 #197

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

You are correct that there is a limitation to this technology, however I don’t think this will make it fail. Computer companies like Apple are thriving even with these same people unable to access computers or smart phones. Internet providers are thriving as well, plus many internet companies. If these can all succeed, then why can’t a digital currency?

If only 5% of them gets invested i will get rich  Grin .What you think how many possess bitcoin right now?Not even 1% .Cryptocurrency will stay for some time untill new technology arrives
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June 03, 2018, 07:34:05 PM
 #198

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

if majority of people can't access computers nowadays, if this info is even true, then it still doesn't mean that won't change in few years. World is rapidly changing every day, few years is really long time.
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June 03, 2018, 07:38:04 PM
 #199

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

this is not right because it's not with laptop or computer that crypto can be used word wide but with smartphone! easier to use for daily payment (like in a store!) Probably the best solution for a lot of population that can't access to the classic bank system. only 1/3 of worldwide population have this access!

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June 03, 2018, 07:40:47 PM
 #200

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.


How sure are you that it will remain that way? If this was the 1900's then you'd be right. But the thing is that as technologies advance, more people get reached by it. I believe thay sooner or later, computers or smartphones won't only be present on cities but also on remote areas. Think about it.
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