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Author Topic: 60% of world population cannot access computer so Bitcoins will fail.  (Read 1838 times)
AliMan
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July 06, 2018, 02:20:23 PM
 #281

...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 comparing Bitcoin to physical money such as u.s dollar is irrational as both exist in their own circulation both have unique advantages and dis advantages as for real money/fiat can be physically felt why bitcoin is a virtual currency though it has no physical image it circulates in virtual world and serve as mediator or third party for online transaction to  make our payment system more easy and less complicated. even only 10% of the world population will use crypto currency specifically bitcoin it would still exist and never vanish.
Well technically speaking we all know that the backbone and strength of bitcoin is internet. Accessing it can be achieved by using computers or cellphones. It doesn't matter even if you don't have computer because there's always another way to access something. It's not just the computer that we can use as a way of entering bitcoin.

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Ahimoth
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July 06, 2018, 02:24:14 PM
 #282

...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 comparing Bitcoin to physical money such as u.s dollar is irrational as both exist in their own circulation both have unique advantages and dis advantages as for real money/fiat can be physically felt why bitcoin is a virtual currency though it has no physical image it circulates in virtual world and serve as mediator or third party for online transaction to  make our payment system more easy and less complicated. even only 10% of the world population will use crypto currency specifically bitcoin it would still exist and never vanish.
If you really want something to do and succeed then you have to do things out of your comfort zone. In this case making the lack of computer as an excuse to say that we can't access btc is a poor idea for me. It's not just computer that we can use to do it remember that btc is accessible through our cellphone as long as it has the capato enter internet.
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July 06, 2018, 02:25:04 PM
 #283

Bitcoin will not fail because 60% of world population cannot access computer. As Bitcoin and other cryptocurrencies continue to evolve and become known, there will be increased motivation to have computers by people who don't have.  But in reality, people will not have need to access computers in order to use Bitcoin because there will be more Bitcoin ATM machines for transactions and accessing wallets. Transactions by phones are nowadays popular in remote villages and paper wallets also exist.  

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July 06, 2018, 02:28:15 PM
 #284

But most of the world population has access to phones. Eventually everyone will be able to access the blockchain due Lightning Network instant cheap payments. All these poor people will old Nokia SMS phones will be able to make transactions with 1 SMS, accessing the global economy. I don't even care how centralized LN is for them, they will have at least a functional token to build an economy upon, this is better than having no economy at all and this will help them since the entry point will be minimum (again just a phone, then via satellite you can access the blockchain). LN is better than anything their corrupt governments can offer them. In the next 10 years you will see I was right.
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July 06, 2018, 02:31:40 PM
 #285

Computers are not necessary, what's needed is internet access and an internet capable device. Loads of people have internet ready mobile phones these days. If you think bitcoin is going to fail based on that, then you are more ignorant than you think.

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July 06, 2018, 02:34:56 PM
 #286

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.
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July 06, 2018, 02:35:11 PM
 #287

I don't think it matters that 60% of the population will not be able to use bitcoins. The most important thing is that blockchain technology is used in developed countries.
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July 06, 2018, 02:44:40 PM
 #288

No this is constant so later on the crypto spread little by pretty much nothing and it's will approved all around the world,This resembles business however more opportunity to succeed in light of the fact that we require this throughout everyday life and here we as of now can procure while we are having some information and that is each individual needs in life,Moreover it's gave more conveniece in anything so it will continje to rise.
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July 06, 2018, 02:52:57 PM
 #289

...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 do not quite understand your statements and conclusions. Bitcoin has already achieved great popularity and recognition from the community, and it was adopted by some countries as a means of payment, and its popularity will increase when the price starts to rise again.
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July 06, 2018, 03:04:50 PM
 #290

it is the biggest challenge of digital money where internet access is in control, yes the technological backwardness of technology and the unevenness of the support facilities will hinder the digital money can be used all the layers of society, but every constraint there will be solutions that can be solved and it will be resolved. crypto could be in control in the future, and for supporting technology, I think the community is now smart enough and quick to accept the change then the barrier will be meaningless
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July 06, 2018, 03:18:45 PM
 #291

I think not, Bitcoin can even be accessed using smart phones and today, almost all the world's population is accustomed to using smart phones. From toddlers to the elderly, nothing can be detached from gadged. Even in a bad environment, the use of smart phones has become an important thing.
So it can be said that almost anyone in this world can access their bitcoin without having to use a personal computer. ATM bitcoin can also make it easier for people to buy bitcoin in small quantities, so people do not have to spend a lot of money to be able to shop using bitcoin.
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July 06, 2018, 03:25:03 PM
 #292

Where did you get this news? most people in this world can access computers and also mobile phones. So bitcoin will not fail. And I think bitcoin will not fail because bitcoin is the best asset today many people use it in this world.
Strange9
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July 06, 2018, 03:26:03 PM
 #293

In fact, it is difficult to conclude that Bitcoin will decline due to accessibility constraints
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July 06, 2018, 03:31:34 PM
 #294

if 60% of people in this world can not access the computer then it seems bitcoin will be worthless even bitcoin prices will instantly collapse because I'm sure many people will panic.

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July 06, 2018, 03:36:04 PM
 #295

...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.
Indeed, but it doesn't need a computer just to access bitcoin because there's an alternative way to get it like phone which I am using now, as long as you have internet connection you could access it. But you are still right, it will takes time for bitcoin to become mainstream due to lack of access. Anyway, bitcoin is just an alternative way of payment still the USD is most useful.

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July 06, 2018, 03:39:23 PM
 #296

I don't think that bitcoin will fail, if entire population of the world can access bitcoin then the price of it would hit $1 million. Even if the 10 percent of the world population start using bitcoin then its price would hit moon.

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July 06, 2018, 03:43:04 PM
 #297

but I am sure there will be many young people with enough thought and education even more. who can recognize bitcoin world and invest in bitcoin well. With the development of the times and technology. surely the inhabitants of the world will be more advanced their mindset .

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July 06, 2018, 03:49:51 PM
 #298

I think not, now bitcoin is already accessible using smart phones and most of the world's population is accustomed to using smart phones.
The presence of a bitcoin ATM can also help a layman to be able to buy and transfer a small amount of bitcoin. So I think bitcoin does not really fail to be a currency.
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July 06, 2018, 04:23:49 PM
 #299

Why are there no access and access failures? I do not know where you got this from, but I think in today's digital age everyone is using the internet, computers, smartphones anywhere, so why not have the right. With access to bitcoin failing I do not think that's a big deal, the crypto market is improving day by day.
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July 07, 2018, 04:35:56 PM
 #300

...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 do not think that in reality our planet is as decadent as your words make it seem, because it is enough to know that most of the people of civilized nations have access to internet and cell phones, and that alone would be enough to integrate a large part of the population to the bitcoin ecosystem. If we continue with the analogy that you propose, the fact that only 60% of the inhabitants of my country have access to banking services has not meant the death of the banks.
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