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Author Topic: If we are to start from beginning.  (Read 630 times)
20kevin20
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April 19, 2020, 02:31:49 PM
 #21

If possible, I would switch back to the gold standard and prevent anyone from having the power to print as much money as possible and from creating what we today know as Amazon, Apple or Microsoft. I'd prevent corporations from becoming the power they are today.

Bitcoin-wise, I'd probably just let it be. It can't be the world currency because any national currency still needs regulations and a bit of control, so I'd let Bitcoin just be whatever its destiny wants it to be.
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April 21, 2020, 09:41:57 AM
 #22

It may never happen that the economy may restart due to the pandemic. If in case that this will happen and making BTC as one world currency then it will be an advantage to other countries. There will be no foreign exchange since the monetary value of BTC will be centralized. However, it may become a disadvantage to other countries especially to those whose currency has a higher value than it will become equal to all other countries.

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April 21, 2020, 12:20:56 PM
 #23

If we are to re start again from the beginning which seem very impossible, I will suggest we learn from what the pandemic is lecturing us about. That it knows no Color, whether black or white, it knows no continent. People have to stop the Racist thing and focus on being kind to humanity.
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April 21, 2020, 02:24:31 PM
 #24

We are too late to think about being prepared for the future because we are busy to our pleasure and not we care for the possible disaster, crisis or whatever it is that could ruin the global market. And if we are given a chance to roll back from the very beginning, one thing should have to change is of being greedy. This is the reason why we got into this trouble because of the greedy of power.

If we are to re start again from the beginning which seem very impossible, I will suggest we learn from what the pandemic is lecturing us about. That it knows no Color, whether black or white, it knows no continent. People have to stop the Racist thing and focus on being kind to humanity.
Discrimination and racist act have existed before we got life, so we can't make this act of inhumanity will stop.
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April 21, 2020, 04:23:48 PM
 #25

if this covi pandemic is over that is also the time that people can start a new begining again  .

start applying a job from those who lost thier job because companies drop them  . starting a new lifestyle like healthy and safe living because they dont wanted to make the virus happen again   ,etc  . while for me , i think i will start to invest on cryptos since they are still cheap like where it was new and i wont commit same mistakes again that happen before because i know that the price will increase again  .
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April 21, 2020, 06:41:37 PM
 #26

I would like the supply of bitcoin to be higher then the finite 21million. I believe, this BS is very limited for the whole world and will be highly scarce.
I want it to remain as it is.

21 million is already a lot and if it would be higher then the value that it will have today is going to be lower. That doesn't matter if it's only 21 million because we can have it even in the smallest portion.

And that's making bitcoin more reliable and in-demand.

The supply is already higher than 21 million, have you ever asked your selves why they are 8 zeros after the point? That's why people need to see bitcoins from its basic unit called 'Satoshis', so, we don't have to worry about the amount of bitcoin.

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FanatMonet
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April 21, 2020, 11:09:57 PM
 #27

If you include the fantasy, then you should expect at first a natural exchange, as it was before the introduction of money, but it was too big a fanaticism.
Most likely, we are just waiting for the first big closure of many companies, and either the absorption of their market share by large, or a new boom of discoveries in the free market after some time.

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April 25, 2020, 11:33:22 PM
 #28

We will find many changes and new things that we did not imagine before after this pandemic can be overcome. In this situation, where many people cannot work, as usual, there must be many who are looking for alternatives to be able to develop capital, which can be done anytime and anywhere with minimal contact and direct interaction.
On the other hand, alternative payments with cryptocurrency are also a consideration, although currently, e-money is more effective because of its wider adoption. That does not rule out the possibility that cryptocurrency will also be like that.

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April 25, 2020, 11:53:28 PM
 #29

I was thinking if the world has the opportunity to restart again as the covid-19 pandemic has "made" it to look like,
First, I really want to campaign about the pandemic coronavirus since it first appeared, making people more aware from the start, and also helping more people to avoid this virus. But is that easy? Of course not, even if this is restarted, the conditions might not be much different. And of course, this greatly impacts the global economy.

Related to the global economy due to the influence of this corona, I just want developing and developed countries to be ready with various conditions that will befall, so that there will be no more societies suffering and being eroded by life because of the increasingly difficult economy in the country.
In this case, some things might be a way to campaign for digital money to become one of the things that minimizes the spread of viruses (although not the only one).

** I would like btc to continue pairing with USD. Grin
Actually, this is really sweet like sugar. I also think so. Converting some of BTC into USD may give us more profits, moreover in my country, the rate of USD is rising significantly. So, why not?


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April 25, 2020, 11:57:24 PM
 #30

With the spread of the corona virus destroying the world economy, then if covid-19 pandemic could end. Of course the economy will
start over from recovering. If the economy starts from the beginning I want bitcoin to be an alternative payment option besides Fiat,
I expect bitcoin and fiat go together to make the economy rise. Hopefully with the crisis, the government can learn a lot that the
economy needs the presence of bitcoin.

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April 26, 2020, 08:58:15 AM
 #31

I was thinking if the world has the opportunity to restart again as the covid-19 pandemic has "made" it to look like, that different people would have this thought going on in their head. If the economy would have to begin again from the start, what would you want it to be like?
Things you want to exclude or include especially with the economy in relation to bitcoin. Don't include move to regulate bitcoin because it is not going to work  Grin.

** I would like btc to continue pairing with USD. Grin



If the world restart again Bitcoin price will hit Back at 5$ so  I would be early Investor with a lot of Bitcoins so that I become very rich when it hit back to 6 up 7k


Despite that Scenario, what I see on  Covid-19 its Economical revolutions soon enough after its passes, We will hear some country shift up and other shift down economically it is always what happened on a crisis like this and how economy reflected.   
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April 26, 2020, 09:41:24 AM
 #32

With the spread of the corona virus destroying the world economy, then if covid-19 pandemic could end. Of course the economy will
start over from recovering. If the economy starts from the beginning I want bitcoin to be an alternative payment option besides Fiat,
I expect bitcoin and fiat go together to make the economy rise. Hopefully with the crisis, the government can learn a lot that the
economy needs the presence of bitcoin.
It was then in consideration for the company itself to accept crypto and fiat after this.

I believe that everyone is learning a lot from this pandemic, we want a new beginning after this and we all wanted a change after all but I wasn't confident that crypto will different to this time. Only we need people to adopt the system and appreciate it.

it was not crypto or other businesses to rebuild but it was the attitude of the people which I am thinking that there is too much greediness and competition inside.

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April 26, 2020, 09:44:13 AM
 #33

If we are to re start again from the beginning which seem very impossible, I will suggest we learn from what the pandemic is lecturing us about. That it knows no Color, whether black or white, it knows no continent. People have to stop the Racist thing and focus on being kind to humanity.

Don't kill the vibe, the OP was just giving a "what if" scenario which obviously in no way is going to happen.
Just state some opinion and perspective "IF" such scenario happens.
On the other hand the pandemic did expose a lot things. First, it exposed how worthless the paper money is. Some countries with the highest case of covid are burning their paper money and some just left it out of the streets, because they are afraid it might be a subject to contract the virus. The government can just print another money when it's all over anyway.
The long lists continues down to the worst politicians and worst presidential decision in taking preventive measures to contain the virus.
Now, people have just started to look at Bitcoin, and I'm not gonna be surprised this pandemic might be one of the major reason for mass adaption, since a lot of people have the luxury of their time to read and understand the cryptocurrency.
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April 26, 2020, 10:25:09 AM
 #34

With the spread of the corona virus destroying the world economy, then if covid-19 pandemic could end. Of course the economy will
start over from recovering. If the economy starts from the beginning I want bitcoin to be an alternative payment option besides Fiat,
I expect bitcoin and fiat go together to make the economy rise. Hopefully with the crisis, the government can learn a lot that the
economy needs the presence of bitcoin.
It was then in consideration for the company itself to accept crypto and fiat after this.

I believe that everyone is learning a lot from this pandemic, we want a new beginning after this and we all wanted a change after all but I wasn't confident that crypto will different to this time. Only we need people to adopt the system and appreciate it.

it was not crypto or other businesses to rebuild but it was the attitude of the people which I am thinking that there is too much greediness and competition inside.
After this crisis I am sure that many people/businesses and some of the government will going to start the implementation of online payment or digital payment. Fiat and crypto is not going just like you think cause, the government can make fiat an online gateway to this kind of situation, and still bitcoin transaction is really low and the fee is so expensive if you are going to use it on a micro-transaction. So in reality no people are going to use bitcoin as a medium of payment because it's not convenient. I hope some cryptocurrency will be created that will solve some of the issue like instant transaction speed and no fee at all, and if possible is it can travel offline. With that features I am sure that people and even the government is going to use cryptocurrency.

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April 26, 2020, 10:37:45 AM
 #35

Because of the pandemic outbreak, there are a lot of people got affected not physically also mentally because some of them get traumatic and cause panic to the people. If we have the chance or opportunity to restart the world again I think the coronavirus will continue spreading because in China they have the culture of eating some exotic food and we cannot stop them to do that still the virus are spreading but the difference is we can now make a cure to the virus because we already see the potential impact to the whole community of the county and also we are now getting aware what is the risk it brings and immediately makes a decision to avoid the spreading of it. Still, we are looking forward to this kind of virus will be finished soon as possible so our life will back to normal.

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April 26, 2020, 11:06:02 AM
 #36

Okay, let's answer this "what if" scenario.
Honestly for me IF the economy would have to start again because of the pandemic it may not happen instead every countries economy would have to start where they are left after the pandemic is done. It may sound unusual however starting the economy again from zero would make the global economy back to default where there will be no rich nor a poor country.

Bitcoin may have an advantage during this pandemic because people like us we can consider this as a safe haven but if we are going to replace all currencies with bitcoin yes USD may the basis however from that point it only shows that we will not start the global economy we are just starting where we are left by the pandemic. BTC nowadays is widely accepted because of its advantages but still, it is not yet known globally and it will be difficult to adopt this right after the pandemic if they aren't yet familiar to this. IMO.
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April 26, 2020, 12:41:41 PM
 #37

If this happens which is unlikely,there will be many things that will change and in every aspects of life.If we consider only economy aspect than firstly i would like to reduce the dominance of USD on world and replace it with bitcoin.Than bitcoin should have hassle less transaction in every corner of the world.Basically i want bitcoin to be use as currency not as investment commodity.
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May 04, 2020, 07:06:19 AM
 #38

Any economy will be governed by politics. The question is how to build a reliable economy so that it can be regulated, not stolen.
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May 04, 2020, 07:44:48 AM
 #39

If the world would restart again from the start, the adoption of bitcoin will be really hard again just like before, things would be more complicated especially in terms of the crypto world. This pandemic virus is really shaking the world from its dangerousness, many things have been affected by this but I don't think that it would be enough to wish to restart the world because I know this is just a problem and every problem has its own solution, there are many people who are inventing and experimenting some vaccines for this virus and I hope that they will find one as soon as possible.

The things I want to restart is just when the value of bitcoin goes about 3,900 USD because I want to invest more on the time because before I wasn't able to invest because I don't have enough money to do so.
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May 04, 2020, 08:15:07 AM
 #40

Maybe if there are to remove on relation to bitcoin are the altcoin market's worse bad karma and that are those scam projects.

The market needs revision and some sort of restriction. Im not saying ICOs are bad but 90% of those new projects are probably just PnD tokens. How would this coulf help on the bitcoin or blockchain economy?

If given chance to restart, I'll go back to the time ICOs werent famous yet and suggest to abort this and jump from IEO processes to avoid scam projects by new altcoin. There is a thread somewhere I saw about a topic on removing altcoins, somehow I did understand what he wants probably fed up by those scam ones.

Seeing those removed will have good feedback on major crypto and probably will have a healthy market without worrying for any scam coins and tokens.

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