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Author Topic: The World Without Bitcoin  (Read 2770 times)
FlightyPouch
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March 06, 2021, 01:37:26 PM
 #41

Considering how banks and other things. I think this depends on the user. There are a lot of users in the world and most of their status are in the middle. Poor people won't be affected by this as they will keep on using what is availble. Based on my experience, since I am living in the province, they don't actually use ATMs as they are just farmers and laborers.

Most of the time, they base on fiats that they are getting from selling their crops or their salaries which don't need the help of the banks. I think this is more on the technology rather than the people or users of it.

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March 06, 2021, 02:01:09 PM
 #42

Once in the crypto space, bitcoin will be around for a long time.  I am addicted, as a daily habit, it attaches as part of my life.  I cannot imagine how dull, dull and dull the world would be without bitcoin and cryptocurrencies.  A world without life, modernity would slowly degenerate without bitcoin.  Though, we as humans will adapt to even the most severe living situations.  But undeniably bitcoin has given life a special spice, a light in a long tunnel.

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March 06, 2021, 02:02:04 PM
 #43

What are you talking about. Bitcoin doesn't exist for most people. It is just an investment for 99% of those holding it and nobody of the millions that invested actually used it to purchase anything. What would be the world without Bitcoin? Exactly the same it is today. You are giving too much importance on a digital currency that lost its way for the last five years. Since the moment it was decided there wouldn't be any scaling solutions on the code it wasn't ever going to change anything.
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March 06, 2021, 02:28:24 PM
 #44

I always fancy or like to think about things that happened, as though they never happened, thinking about Bitcoin never happening won't give us any regrets, because we would not understand it, understand that a currency can be digital and not like Fiat, that the government will not have Dominion over it, we are lucky that it did happen.

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March 06, 2021, 03:18:59 PM
 #45

Have you ever thought what would the world be without Bitcoin? Imagine if the cryptocurrency was never invented and we'd still be living with Fiat (paper money and credit/debit cards). People would be subject to banks' desires without a chance for freedom. A cashless society would be only a dream, without innovations in the FinTech space. Gold would still be an option, but not everyone will be able to access it. The unbanked people will be forced to deal with banks in order to participate in the mainstream economy. A lot of challenges and hurdles would arise without a decentralized form of currency for the enjoyment of all.

What do you think the world will be today without Bitcoin? Your input will be greatly appreciated. Thank you. Smiley

Was gold not an option nowadays? Cause I disagree, Gold is still an option if you want secured future for your fundings. If you want to save, then go for gold. If you have trust issues and you only want to save your money, then go for gold. BTC is volatile while Gold is stable.

Anyway, world without BTC is just normal. BTC doesn't really make a great change on peoples way of living.

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March 06, 2021, 03:57:53 PM
 #46

Without bitcoin, young people will never have given a chance to manage their own money, especially here in my country. Even when capable, young people are having a hard time to make their own money because of the employment requirements the companies need here. They are finding high standards but the income is low, which is kinda unfair. With bitcoin, just save money and plan on how you are going to hold your assets then you won't regret managing your own money.

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March 06, 2021, 04:34:06 PM
 #47

Bitcoin is the most popular and potential Crypto currency. In the past people use cash for any need. But in the present time people start using electrical money. In some country accept Crypto currency. Without Bitcoin in the present time we don't think about Crypto currency. In my opinion other crypto currency price is also depending upon bitcoin price. For Bitcoin so many people can maintain their family and earn huge Money by investing in Bitcoin. Personally without Bitcoin I don't think about crypto currency.

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March 06, 2021, 05:44:34 PM
 #48

https://coinmarketcap.com/historical/
Taking the whole crypto market the only project that survived up to now is ... Bitcoin. I find very interesting to research how many currencies were in the top 10 historically speaking and the gradually lost their higher rank to fall eventually into oblivion.
Bitcoin allowed this start and, today, I do not see any other project to take over it.
Simply put, the world without bitcoin does not exist
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March 06, 2021, 08:33:34 PM
 #49

The world without bitcoin is 2008 and below in time. It's the far-far past and no one would want to live in the past!
A life without bitcoin would be the would in difficult situations or ways of doing things as it is now. Bitcoin has helped more than we noticed and not just in the ways of transacting but, in the aspect of actually liberating as in empowerment.
Some times i wonder, 'why would the world go digital or be digitalized without a form of digital currency as it is now?'.
Bitcoin is the future and a world without it is simply the far past. HD is and remains better than 3D!
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March 06, 2021, 10:30:55 PM
 #50

Has anything changed since there was bitcoin? I mean, something like many people are only dependent on bitcoin function?

I guess no, bitcoin hasn't changed anything. Remember satoshi intention's was making bitcoin to replace money paper, but until now I haven't seen it realized. Many people just using bitcoin as mean of investment because its volatility price. Someone could get a huge money in a few hours just because he bought bitcoin. I guess just this thing which can has changed by bitcoin.
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March 06, 2021, 10:33:01 PM
 #51

The worst thing about bitcoin not existing is the fact that normal people like us, could never do something about an economic collapse like the one that is ensuing following the COVID-19 crisis and the subpar efforts of the US government to fght the collapse. Those who have not stored their riches in a different way other than USD fiat will literally be dropping like dead flies due to hyperinflation.
I lived without BTC for more than twenty years of my life, my parents and a lot of my relatives still live without BTC, they never entered exchange markets and don’t believe in cryptocurrencies. They just live with their ordinary lives and to say the truth their lives are the same as mine with only one small difference, they never lost their money on trades and never earned money from “digital numbers” as well.
Of course we have this occasional scenario where you think you don't need bitcoin because you lived long enough without it anyway, but you could be so much more, provided that you have it, aside from it making you future proof too.
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March 06, 2021, 11:00:43 PM
 #52

I lived without BTC for more than twenty years of my life, my parents and a lot of my relatives still live without BTC, they never entered exchange markets and don’t believe in cryptocurrencies. They just live with their ordinary lives and to say the truth their lives are the same as mine with only one small difference, they never lost their money on trades and never earned money from “digital numbers” as well.
Well, that is the fact.
But to be honest, when I discovered bitcoin, it really helps on me regarding financial problems. Perhaps a world without bitcoin will not have an effect, but since we have now a bitcoin, it changed a lot. However, everything will change and evolve, we are a high technology now and most people have access to the internet, possible bitcoin will be discovered or any centralized currency that gives us freedom when it comes financial. Be thankful that bitcoin was found and created.









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March 06, 2021, 11:11:20 PM
 #53

Banks already have the cashless payment system before fiat. ATM machines, credit/debit cards are one of those, plus they also accept banking online payment. And even the world without Bitcoin, we are still going to survive but not in a comfortable way.
I appreciate so much the creation of Bitcoin and we absolutely feel the hassles free life but as the fees started to increase and long delays confirmation to withdrawals, this will affect the adoption and might give a way for many establishments not to push through.

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March 06, 2021, 11:34:02 PM
 #54

Bitcoin makes the world be interesting, many people can get a new income source from trading and investing in Bitcoin. In my view, Bitcoin makes the world having another power for people living there to survive in the modern era. With Bitcoin, people now have their own digital assets. Not only rich people have it, but even a student can also have a digital asset like Bitcoin now.
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March 07, 2021, 06:59:15 AM
 #55

Bitcoin makes the world be interesting, many people can get a new income source from trading and investing in Bitcoin. In my view, Bitcoin makes the world having another power for people living there to survive in the modern era. With Bitcoin, people now have their own digital assets. Not only rich people have it, but even a student can also have a digital asset like Bitcoin now.
with technological advances what you say can be proven and true, all have the same opportunity to be able to get a new source of income from trading, investing, dicypto bounties which are linked to many coins including bitcoin and ethereum which are very popular.

with the intention of getting additional income, it can be done by having digital assets scattered about whether we have the will and look for that opportunity, because if you just stand idle then you will miss the opportunity. currently bitcoin is priced quite high if you have trouble finding it, you can find something else such as altcoin.

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March 07, 2021, 12:45:17 PM
 #56

The world without bitcoin would be presumably ordinary additionally very much like what's going on today, individuals will simply utilize banks and don't have any decision on where they can store their cash besides banks. The case is that having a bitcoin today is there a decision for individuals to pick whether they will put their cash into bitcoin or they will just place it in the banks nor they can execute over the banks and if bitcoin doesn't exist the banks will be the essential wellspring of exchanges.

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March 07, 2021, 12:58:40 PM
 #57

To be honest, nothing would be changed for ordinary person. The majority of people still dont know what bitcoin is. At least, right now
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March 08, 2021, 05:13:19 PM
 #58

Bitcoin isn't a thing that a normal people will use let say average internet people do. And without bitcoin it would be just normal to them and most of people on earth as its not like a smartphone that could change and affect people's daily life.

While some industry will not exist, most .onion, gambling, porn website/service will still use paypal and mastercard today.

We cannot deny the fact that Bitcoin's mainstream adoption is increasing at a fast pace. More people are becoming financially independent by relying on Bitcoin as a safe-haven against traditional Fiat. Without Bitcoin, financial freedom wouldn't have been possible. Growing adoption for the pioneer cryptocurrency, will only make it stronger in the long run. Most services still accept Fiat on top of crypto, because the former is stable and backed by the government. Some began accepting Bitcoin in order to free themselves from censorship. A good example of this is PornHub. The popular adult streaming site decided to adopt crypto-only payments as a result of Mastercard and VISA's censorship. Other companies and services could follow suit if they experience the same situation as PornHub. Without Bitcoin, there wouldn't be any financial freedom at all. Everyone will be forced to rely on the traditional monetary system empowered by central banks and governments worldwide, with no escape route whatsoever. With Bitcoin, you and only you control your own money.

Nonetheless, most people are still living fine without Bitcoin. Despite its widespread success in the mainstream world, Fiat currencies are still ahead of the game. At least, people have an "exit route" from the current monetary system. Things would've been worse if Bitcoin was never invented in the first place. Money is now officially separated from the "State", allowing people to take direction of their financial lives for the first time in history. Who knows what the future of Bitcoin will be as governments launch their own CBDCs? Just my opinion Smiley

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March 08, 2021, 06:13:08 PM
 #59

The world without bitcoin would be presumably ordinary additionally very much like what's going on today, individuals will simply utilize banks and don't have any decision on where they can store their cash besides banks. The case is that having a bitcoin today is there a decision for individuals to pick whether they will put their cash into bitcoin or they will just place it in the banks nor they can execute over the banks and if bitcoin doesn't exist the banks will be the essential wellspring of exchanges.
If world doesn't have bitcoin people will not think that we can innovate many things using blockchain technology people will not seek for improvement they will still treat everything as only a theory they would hardly believe on what technology can help many people we should learn to be thankful because we knew bitcoin and it helps us very much now I wonder a world without bitcoin, maybe there will be some bad things some people becomes greedy and many people want to scam other people.
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March 08, 2021, 06:19:53 PM
 #60

Bitcoin gives a lot of possibilities, especially the independence and speed of transactions. Without it, we would probably still be angry, but I bet that if not bitcoin, another system would appear in its place. People are looking for independence.
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