Air, Water, Bitcoin

[PointHope]

Air and water is surely essential for all of us if neither of the two exist we will surely perish in the end what I mean is we can not essentially lump Air and water to Bitcoin as a needs it is OK if someone doesn't have Bitcoin they can surely survive but I get your point that many people nowadays surely is treating bitcoin as a sure demand and we can sure relate to this because the era of digital currency had boomed to a different level, just like what happens to mobile devices people tend to depend on handheld devices nowadays.

Right now we cannot even begin to imagine all the evolving possibilities.

Maybe as technology evolves and becomes more powerful, every handheld device will have the capability of ruñning a full bitcoin node.

Information carried by each bitcoin transaction is like to increase exponetially as the technology improves.

We are already on the cusp of seeing dumbshit drivers removed from the highways with rapidly evolving self driving technologies.

[Eugenar]

I highly believe that these are natural necessities but to incorporate p2p decentralized currency isn't really making it a good point because people could still live without bitcoin and cryptocurrency. Even in cash, early people just trade using objects and because of regulation, they need money, which everyone agreed to have. Imagine if there isn't regulation at all, no money will revolve to run the world. But for now, it just became a necessity as they take it seriously, without money, you can't live. Without crypto, your potential to live a good life in the future will be less possible.

[AniviaBtc]

I think that influential people and corporations are already monitoring the development of the cryptocurrency market from a distance, and as soon as the cryptocurrencies begin to somehow influence the global economy, they will take them under their control.

Because when we talked about cryptocurrency, the first thing that they will think of is money. If that happens that when bitcoin will become so adopted by our society, it will become a necessity just like a simple dollar. And the first thing who will do the action is the government. They will take responsibility of manipulating cryptocurrency and that's for sure.

You need to understand that where there is money and masses of people, there can not be without manipulation. Comparison with water is not very clear.

He compared it into water because it can be a factor in surviving our daily lives. Government will always manipulate how the cryptocurrency moves in its society, because they want to have a part or share in this kind of adoption and it will serve as their taxes or fees in exchange as people in its country uses bitcoin in many transactions.

[Anora2020]

A very top question this is for defining or comparing, maybe you cannot compared to Bitcoin to our necessities, two minutes without air a person is dead, seven days without water a person is dead while Bitcoin is not a necessity this is a wants

[bitgolden]

Bitcoin is really a great idea and kudos to Satoshi Nakamoto for coming up with such a wonderful idea that is seriously changing people’s lives and the way we do things this time around. Bitcoin has really helped a lot of people and that includes me to be able to get off poverty. The moment I discovered Bitcoin and got serious with it I was able to discover a lot of ways that helped my life, though some of those opportunities are no longer available, but I’m happy that it once did and I was lucky to have taken that opportunity.

[keeee]

I highly believe that these are natural necessities but to incorporate p2p decentralized currency isn't really making it a good point because people could still live without bitcoin and cryptocurrency. Even in cash, early people just trade using objects and because of regulation, they need money, which everyone agreed to have. Imagine if there isn't regulation at all, no money will revolve to run the world. But for now, it just became a necessity as they take it seriously, without money, you can't live. Without crypto, your potential to live a good life in the future will be less possible.

I agree because money is very useful and powerful now.  Without it, it will be hard for us to live a happy life. But that doesnt mean that without bitcoin people cant live because to be honest bitcoin wasnt exposed yet to sll people.  There are still people who dont know what bitcoin is and how it works but still they live in this world.

[Accountsell]

Without air and water life no worka.

P2P commerce is also essential.

Past human history is checkered with currency manipulation and conflict..

Enter a new element for humanity; trustless p2p currency, globally decentralized...

Something humanity has been craving since the dawn of human history.

 

Yes, i can understand that without air and water, life would not work but does it have any connection with bitcoins?
We can survive without bitcoins also as bitcoins only are a mean of financial transactions and that would not come under the basic utilities or basic requirements of the human nature.

[bitcoindusts]

Past human history is checkered with currency manipulation and conflict..

Bitcoin and cryptocurrency has been filed with manipulation and conflict! We've seen fraud, theft, in-fighting, consolidation of mining operations, blockchain hijack attempts (in the form of forks), and more theft. There's nothing about cryptocurrency that is inherently peaceful or humane.

Indeed, even though the form of currency changes, the very foundation of the system is very deeply rooted.  Manipulation and conflict had always been around in the human history that is why even this cryptocurrency that promised decentralization cannot escape the fate of being manipulated by developers and whales.

Yes, i can understand that without air and water, life would not work but does it have any connection with bitcoins?
We can survive without bitcoins also as bitcoins only are a mean of financial transactions and that would not come under the basic utilities or basic requirements of the human nature.

No there is no connection.  People's lives will go on even without Bitcoin. And even the financial institution does not need Bitcoin to thrive.

[Wipeout2097]

Still Bitcoin not in list basic need,Bitcoin importance in crypto is like air,water for life and if Bitcoin vanished from he crypto the altcoins will automatically vanished.

Bitcoin is growing in all sections like adoption,demand is also increasing. In future when Bitcoin accepted by a tuck shop to Big supermarket than we can say that now Bitcoin is basic need. Future technology changing rapidly and surely Bitcoin will take place in financial market around the world.

[Jet Cash]

All life is carbon based, so CO2 is essential for life, but we are trying to ban it. Money is a convenience to replace barter, but it is not essential to life. Just like capitalism, the Central Banks have sucked all the capital out of the economies, so capitalism no longer exists in most of the modern economies. Bitcoin may represent a way to regain some of our capital, but I don't think that it will be a able to replace the fiat payment services. You only have to look at the failed EU and its Euro, to realise that a single currency cannot serve diverse economies.

[kizlod]

lol, has anybody added rumors and hypes to the list of essentials?

[sisule]

All life is carbon based, so CO2 is essential for life, but we are trying to ban it. Money is a convenience to replace barter, but it is not essential to life. Just like capitalism, the Central Banks have sucked all the capital out of the economies, so capitalism no longer exists in most of the modern economies. Bitcoin may represent a way to regain some of our capital, but I don't think that it will be a able to replace the fiat payment services. You only have to look at the failed EU and its Euro, to realise that a single currency cannot serve diverse economies.

Without carbon or CO2 people can't live although have many bitcoin assets in their wallet, but is not important way to discuss in this forum but how to know with bitcoin become most worth assets investment at the future, just hold bitcoin and wait tomorrow bitcoin raise to higher price or not.

[KennyR]

Bitcoin hasn't reached the level of being a basic need of life. Bitcoin is technology backed asset that has gained value through its continued usage through years. For some reason it serves to be an alternate to the banking system and the traditional fiat. Maybe in the future we can expect bitcoin to get added to the list of basic needs of life.

[gundala]

A quite controversial analogy from Op.  air and water are the essences that are very important for human life when compared to it does bitcoin have an urgent position?  I think not, as many members said above, BTC is like a wild forest and has not been adopted as a whole, there are pros and cons.  Humans can still use fiat, while air and water have no alternative.  Although BTC is a form of evolution of the financial system, it is not as urgent as air and water.

[Kakmakr]

I do not know if "a trustless p2p currencies" are one of the basic needs that we have to have for survival, but it is definitely one of the more important needs we have to get to pay for these basic needs. A lot of poor people live from hand to mouth and the (Fiat) money that they do get are being absorbed by inflation. (putting less value for their money into their pocket)

Inflation are being manipulated by governments and hyper inflation are killing people. (They cannot buy food) So, we need a trustless p2p currency that are not manipulated by governments and that actually increase in value. (putting more value into poor people's pockets)

[Images21]

Bitcoin is of course a genius creation but putting it alongside air and water is too much exaggeration. Bitcoin is just a product of an era of circumstances unique to a certain age. Sooner or later, Bitcoin will pass and another one will take over. That is always the cycle of human civilization.

[coin-investor]

Without air and water life no worka.

P2P commerce is also essential.

Past human history is checkered with currency manipulation and conflict..

Enter a new element for humanity; trustless p2p currency, globally decentralized...

Something humanity has been craving since the dawn of human history.

 

Cryptocurrency is still subject for manipulation, so even if this is something that we crave for, we need to support this technology, even if this is manipulated, everything here in this life is subject and can be manipulated, it's some manipulation are evident or obvious and some others are not, but this is the technology that we need to support it's something new and something we need in this present generation and the generation to come.

[3la9l_kolbaCa]

Bitcoin is of course a genius creation but putting it alongside air and water is too much exaggeration. Bitcoin is just a product of an era of circumstances unique to a certain age. Sooner or later, Bitcoin will pass and another one will take over. That is always the cycle of human civilization.

Indeed, the exaggerating point of air and water along with bitcoin was it became a basic commodities of human in the future. The reality of time was educating us to use digital currency as our mode of payment, and this is now typically being patronized by several businesses who had choosen bitcoin as one of their currency. The uniqueness of cryptocurrency is making our lives more easier, and to compare it with fiat transactions It think everything is a package.

[buwaytress]

Actually its not a valid comparison. We cannot live without air, water and an energy source like that from our local star, but we could live without money.

History shows we used to trade things without money, but this wasn't too practical until "precious things" (rare) came around, then we could trade more easily. The concept of money due to practicality, originally it was the precious metals themselves, but then goverments happened...

The older cases of inflation were very physical. Romans when troubled by budgetary reasons (the usual) started reducing the amount of gold of each Dinar which prompted their hyperinflation later and an emperor even resigned (for the first time in their history).

But then paper "representing" those metals started being used, and the stage was set for the fractional reserve scam.

Bitcoin undoes this later part, in fact bitcoin doesn't even pretend to represent any arbitrary amount of metal, its price is freely decided by the market by its usefulness alone, so you could say its price is "honest" since you don't have to trust any third party to fulfill a promise of value. So while its not pegged to anything, it also is unique and limited. On top of that its electronic, so even easier to trade with.

Agreed. And to those that deign to say we could one day transfer our consciousness onto a computer chip and create an AI software to mimic our minds, we would still need a source of energy to power that, and for as long as entropy cannot be reversed, we are doomed to extinction in whatever means we live, organic or otherwise.

But money is the one invention of man that enabled commerce -- and perhaps one we no longer can do without, but it is not a concept that is guaranteed eternity. Already I read of places that have forsaken money and returned to barter. Perhaps some day, even private ownership will be obsolete.

Until then, Bitcoin is the better money.

[The Cryptovator]

Air, water or whatever given by natural it won't compare with money. We need some basic support for live alive, like water, air, sun and so on. Once upon a time there was no any currency that time also people live somehow. But day by day history is changing. We are upto now on P2P digital currency called Bitcoin. We don't know exactly what is wating on future. Who know perhaps some will create something more latest technology than Bitcoin. But we should accept that Bitcoin has created a revolution on financial ecosystem. However, it cannot be compared to nature.