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Author Topic: Will increased usage of crypto / bitcoin convert world to small village?  (Read 95 times)
virendarnagpal
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July 16, 2018, 02:31:59 AM
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 #1

Bitcointalk is a beautiful thread where people becoming it's members from different cultures ; different nations; different parts of the world.
I am of the opinion that Bitcoin has initiated the trend in which this big big world is converting itself to small loving family.  A man from farthest parts of Africa doing business with a man from Europe / Asia.  So it seems as the world is now small market.  Is not it?
People are not only discussing about economic affairs but also others like political. 
I see people are helping others too when they are in need.  One example I could see is the latest event happenning in Venezuela

https://www.ccn.com/venezuelan-launches-adopt-a-family-movement-after-buying-400-kg-of-food-with-crypto/

Here one  Redditor recently decided to use donations received in NANO to buy over 400 kg of food for his friends and family in the country, which is facing one of the deepest economic recessions yet. He’s now launching a movement to support others.

His efforts have started showing results.

My question is whether New era of co operation among people has started.? 

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July 16, 2018, 05:19:23 AM
 #2

This is the reasons why bitcoin was created, to used a single currency for global transaction, and bitcoin is equipped with blockchain technology that makes everthing transparent, it's good to see people used bitcoin in real life, this is the real usage of bitcoin that need to published to all media, if everyone can think the same then we will have the convinience to do business and transaction globally

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July 16, 2018, 06:01:42 AM
 #3

Undoubtedly bitcoin united people. At least he gave faith to thousands or even to millions of people. Now a story is going on, the outcome of which we will see later. I would like to believe that this story leads to the beginning of cooperation between people and trust
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July 16, 2018, 06:12:48 AM
 #4

Globalization will continue with or without bitcoin.All the cryptocurrencies have no impact whatsoever in increasing the process of turning the world into a small village.But let`s hope that the usage of cryptocurrencies for daily purchases or even charity donations will increase.
That guy from Venezuela is a hero.

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July 16, 2018, 12:29:24 PM
 #5

With the advent of Cryptos we certainly can transact from the tiny islands of Fiji located in far east to the United Kingdom located in the west.From the nation of Greenland located up top to the tiny islands of Maldives.It wont be an exaggeration to say that planet earth is shrinking when it comes to communication/transfer of Cryptos.All this for the good of the humanity.Imagine how easy it would now be for a business man sitting in US/UK to import say diamonds from a local producer in remote parts of Africa(though it would take some time) as the crypto technology spreads without paying any Hefty fee to the banks.Also as stated there is an increase in donations through Cryptos which is a win win situation for all.

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July 17, 2018, 11:35:49 AM
 #6

With the advent of Cryptos we certainly can transact from the tiny islands of Fiji located in far east to the United Kingdom located in the west.From the nation of Greenland located up top to the tiny islands of Maldives.It wont be an exaggeration to say that planet earth is shrinking when it comes to communication/transfer of Cryptos.All this for the good of the humanity.Imagine how easy it would now be for a business man sitting in US/UK to import say diamonds from a local producer in remote parts of Africa(though it would take some time) as the crypto technology spreads without paying any Hefty fee to the banks.Also as stated there is an increase in donations through Cryptos which is a win win situation for all.
Yes, the cryptocurrency market is aiming to overcome all the geographical boundaries and make this world a “global village”. In this way cryptocurrencies helps in achieving the goal of globalization. The person sitting in one country can do any trade and business with any person in any other country of the world which has easy access to internet and digital technology. Funds can be transferred cross border in just few minutes.

  

 
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magneto
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July 17, 2018, 12:00:42 PM
 #7

Global trades can be indeed facilitated much more easily with bitcoin as a currency, since it exists without any borders.

And also since that bitcoin is independent of any fiat currency system, it is able to store its value, even in the short term, much better collapsed fiat currencies such as the Venezuelan Bolivar.

We'll really see p2p trades and even employment accelerate due to the global nature of bitcoin, in the future imo. No longer is it a hassle to send payments to a foreign worker that lives in another country and uses another currency altogether with bitcoin. BTC allows for a lot more opportunities in my opinion for trade to happen internationally between individuals without any third party, and cheaply.

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July 17, 2018, 12:07:55 PM
 #8

I believe that because of bitcoin, people around the world will be able to unite and perhaps those who had excess btc can help in joining some charitable works to help others that are really in need. Basically, with bitcoin, the transfer of funds could be just very quick and if most of the bigger investors would also share their blessings, it would be a better world to live in because people unite for the betterment of humanity.

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July 30, 2018, 09:19:21 PM
 #9

Globalization will continue with or without bitcoin.All the cryptocurrencies have no impact whatsoever in increasing the process of turning the world into a small village.But let`s hope that the usage of cryptocurrencies for daily purchases or even charity donations will increase.
That guy from Venezuela is a hero.
All are just conjecture and do not have high authenticity. The easiest way to do this is to pay a few things in the market and some other fields as a means of payment for the user. Its usefulness is that it is fast, light and does not cost a lot of money.
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July 31, 2018, 05:35:52 AM
 #10

At last a news that can create positive vibes instead of negativity from the past months due to prices. Also if good news will keep pouring in when the market is readying a bull run it can create a chain of events that can attract new investors and in return will increase the market volume. Hopefully many crypto users will help other people after they have heir profits as a small help to countries such as Africa can make a difference.

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July 31, 2018, 06:50:39 AM
 #11

Since the introduction of the internet the world has become smaller, communication
and simple trade between people has increased as online shopping as become more popular.

Bitcoin is like an addition to this, its an alternative payment system. One that is open source
and owned and run by whoever wants to a part.

So yes maybe a new era of cooperation has started but it is too general to say everyone in
crypto will cooperate in this movement. Charitable people exist also outside crypto.

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July 31, 2018, 09:36:40 AM
 #12

My question is whether the New era of cooperation among people has started.? 
If crypto/bitcoin technology used correctly, we would see a new dimension of P2P payment without a need for intermediaries.
"The reality is quite different from the imagination." Given the market, many buy bitcoins to create money from money, which is a bad use of this technology.
The speculation that occurs depends on the price and not on the advantages of these currencies such as low fees "send 1 million dollars using 1$ fees" and small space "1 million dollars on your pocket."
There are some good models, as you mentioned, but unfortunately few.

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July 31, 2018, 11:40:45 AM
 #13

https://www.ccn.com/venezuelan-launches-adopt-a-family-movement-after-buying-400-kg-of-food-with-crypto/

Here one  Redditor recently decided to use donations received in NANO to buy over 400 kg of food for his friends and family in the country, which is facing one of the deepest economic recessions yet. He’s now launching a movement to support others.

His efforts have started showing results.

My question is whether New era of co operation among people has started.? 

There are independence movements around the world where people have abandoned their governments after losing faith in politicians to fix things and unified their community to try to effect positive change. Mexico is a prime example where there are villages that don't trust the government or drug cartels and so they seceded from both and formed their own small independent colony which recognizes the authority of neither.

Brexit, catalan and many other independence movements are also being fueled by people losing faith in governments and politicians. This type of social movement could unite communities and bring people together as some realize the only people they really can trust are their neighbors or those who are living in similar circumstances.

There hasn't been much financial or economic efforts to move away from fiat and towards crypto currencies as a form of independence. Its questionable as to whether that will ever become a trend.

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August 07, 2018, 09:17:10 PM
 #14

Since the introduction of the internet the world has become smaller, communication
and simple trade between people has increased as online shopping as become more popular.

Bitcoin is like an addition to this, its an alternative payment system. One that is open source
and owned and run by whoever wants to a part.

So yes maybe a new era of cooperation has started but it is too general to say everyone in
crypto will cooperate in this movement. Charitable people exist also outside crypto.
The advent of more and more modernized technology. In the past, something was bought through post office or courier for payment. Today's digital technology era, everything is online. Makes navigation faster and more modern.

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August 07, 2018, 09:22:20 PM
 #15

None of the points you mentioned are a new phenomenon. For example, the reddetor who bought 400kg of food for Venezuela, from Nano donations just mean that people used crypto instead of cash. People have been doing such things for centuries. There's even GoFundMe. I love crypto, and it's nice to think that it's going to change the world into a Utopia, but lets me realistic here.
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August 07, 2018, 09:24:07 PM
 #16

New technologies are helping people to be connected. It is good to see everybody united. We have to help each other if we want to survive on this planet. Unity is the main word. Cryptocurrencies as a new method to become rich are really converting our world. Indeed, people are spreading the word and investing. Solidarity is important in this case. Technologies such as the internet also are playing a great role in connecting people. Social networks as well. I believe that the more people are connected, the better we can live on Earth.
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