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Author Topic: 60% of world population cannot access computer so Bitcoins will fail.  (Read 1910 times)
alex_gr_cc
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May 28, 2018, 01:11:12 PM
 #141

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.

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Macaronnie
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May 28, 2018, 01:12:13 PM
 #142

that will be changed soon, don't you be so pessimistic.

Yeah, sure, the tribes at the deserts and factory workers at the poor countries are definitely going to use Bitcoin.  Undecided
bering
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May 28, 2018, 01:15:13 PM
 #143

not like other investment tools such as gold or real estate then computer or gadgets is very important things to saving our bitcoin because we even can't buy bitcoin without those things and indeed to being an successfully currencies or investment tools bitcoin have to reach all of people in this world but currently this task still possible to do so by bitcoin because the growing of internet for each countries were rapidly increase so i'm optimistic bitcoin will solved this task but it took more process

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May 28, 2018, 01:19:07 PM
 #144

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

You cannot snort cocaine through a rolled up bitcoin)
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May 28, 2018, 01:30:17 PM
 #145

I think you are trying to say that bitcoin will fail to become a mainstream currency because 60% of the world population don't have access to the computer. If I am understanding you correctly, then let me assure you that bitcoin is not structurally built and fit for becoming a mainstream currency in any way. It is an experimental virtual currency which implemented the idea of a decentralized currency successfully for the first time through blockchain technology. It is not trying to become a mainstream one.

So bitcoin will always be used by those with a certain level of technological expertise  and not by any common people. Even though the process for bitcoin payment has been made very simpler by many third party wallet provider, but majority of the governments will not want to allow bitcoin to mingle with their own centralized currency system. It is and will always remain as a digital currency and an excellent store of value.
The opposite of failure is success, From the introduction of blockchain technology that brought bitcoin to the public, it has been providing remarkable success to its investor, and companies that are accepting this innovation. Its been beneficial, even there are some small negative issues related to government control and regularities. The remaining 40 percent of computer accessible population is more than enough to establish the success of bitcoin, considering that computerization is the main target of technological progress of any country.
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May 28, 2018, 05:12:17 PM
 #146

In this era to access bitcoin is not only fixated on the computer. Everyone can access on their smartphone or tablet, so I think your statement is not strong enough to be the reason that bitcoin will fail.

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May 28, 2018, 07:52:19 PM
 #147

I think you are trying to say that bitcoin will fail to become a mainstream currency because 60% of the world population don't have access to the computer. If I am understanding you correctly, then let me assure you that bitcoin is not structurally built and fit for becoming a mainstream currency in any way. It is an experimental virtual currency which implemented the idea of a decentralized currency successfully for the first time through blockchain technology. It is not trying to become a mainstream one.

So bitcoin will always be used by those with a certain level of technological expertise  and not by any common people. Even though the process for bitcoin payment has been made very simpler by many third party wallet provider, but majority of the governments will not want to allow bitcoin to mingle with their own centralized currency system. It is and will always remain as a digital currency and an excellent store of value.
really, i also think so. bitcoin is only used for those who know about bitcoin and its supporting infrastructure such as internet access and laptop and so on.
bitcoin instead of global currency, bitcoin is just an experimental virtual currency as you say.
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June 01, 2018, 06:50:02 PM
 #148

I do not know where those numbers are, even if it's true, the times are changing rapidly. There was a time when there were very few cars, now it's another image. Bitcoin will not fail because it's fixed on the online platform, depending on the circumstances, it changes its value, but it will never be unnecessary.
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June 01, 2018, 06:55:00 PM
 #149

It is true that a lot of people all around the globe still don't have access to computer and internet, so they don't know anything about digital currency. But that doesn't mean that bitcoin would fail. It is still very popular and its popularity is growing sharply.

budi691
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June 01, 2018, 06:59:44 PM
 #150

may possibly affect. but I see the bitcoin from the bottom until now it's just like normal. I think that can make bitcoin there until this moment because of good market. certainly balanced when up and down in value.
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June 01, 2018, 07:06:40 PM
 #151

...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.

With all due respect, crypto's mainstream success isnt totally dependent on parts of the world where computers aren't available. Certainly it would be beneficial but not necessary.
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June 01, 2018, 07:49:28 PM
 #152

Where did you get this statistics? For now , it's only 1% of population use BTC (thx GOD) and you now what price it have
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June 01, 2018, 08:16:33 PM
 #153

You do not need a computer to own a bitcoin wallet. You only based your analysis on computer meanwhile android phone could send and receive btc and 85% have access to that.
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June 01, 2018, 08:23:28 PM
 #154

...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.

Yes you are right today 60% of people do not have computers. But let us remember what happened 10 years ago? How many people used the computer, and even knew about them? And the Internet? Who knew 10 years ago that I could communicate with you ?

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June 01, 2018, 08:29:36 PM
 #155

If looking at the market price, it should be like that because at the market there should be an increase and a decrease in the price it would be better for Bitcoin in the future. Because the price of Bitcoin is difficult to guess with the condition of Bitcoin enthusiasts more and more as it is now. Computers also affect the progress of Bitcoin which is a means to add enthusiasts but if there is no access then the public is difficult to find information about it.
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June 01, 2018, 08:34:16 PM
 #156

Bitcoin doesn’t necessarily need 60% of the world population to survive or thrive. What I think bitcoin needs is an active community which will constantly use it on daily basis. It’s about the few coming out boldly to preach about bitcoin. 60% of the world population can not use computers yet new computers are being produced with higher specs each day. Who use patronize these new computers? It’s definitely the 40% percent who can use them. Same can happen to bitcoin.

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daarul50
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June 01, 2018, 08:35:16 PM
 #157

Not only that which causes bitcoin prices to continue to decline. However, decreasing demand for bitcoin is also a cause of bitcoin reduction.
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June 01, 2018, 08:40:29 PM
 #158

Less than 60% of the world too hasn't got access to gold and diamond yet it has been one of the best investment so far. The few that has access to internet and computers can make bitcoin succeed
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June 01, 2018, 08:56:17 PM
 #159

Of course bitcoin can not be everywhere now. But it can be in the future. And you don't need computer, you need the internet and some device like smartphone.

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June 01, 2018, 09:02:25 PM
 #160

Yet again we have guys that sell kidney's and buying iPhones with that money.
New generations will adopt the technology better. Global internet for everyone and stuff...just be patient.

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