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May 21, 2021, 08:53:09 PM
 #61

right, bitcoin does not look at everyone who will use it, but around the world, bitcoin users are only a small part, maybe this is because until now bitcoin is practically only an investment tool. and bitcoin investors in this world are still limited in number. but over time the fame of bitcoin will grow
We are limited but we're growing year by year. There's the bandwagon coming from the biggest institutions that we know and they're all joining and announcing their bitcoin purchases. Some of these biggest companies are putting bitcoin as if it's part of their vault and gold and makes it as an asset of the company. Some are just putting themselves to ride the hype because everyone is on it. But that's a good news because that really means that bitcoin is for everybody. Before, these rich and big companies won't believe to bitcoin then, they buy.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 22, 2021, 08:23:28 PM
 #62

A different idea could be to make a compelete new coin and everybody gets one. The number of coins is fixed with exactly the number of people on the earth when it is created. For showing your passport everybody can claim exactly 1 coin. So every coin would be given away for free and then they can be traded on the the big exchanges. It is hard to imagine what would happen, but I would expect that many people would instantly sell their coin for some free money. So the initial price would be very low. But once the initial coins are sold I would expect the price to rise.]
For people to keep coming back for more i think such coin would need to be purpose driven, solve real problems uniquely, have dedicated/principled team, stick to true crypto ideals,  has to be be really useful , easy-to-use and safe.... And the value/price has to be dependent on solving this^ problems without compromising on safety.. . otherwise anyone can easily create his/her own coins, pump the price to decieve people.
i also was thinking about it. there is a coin (Primecoin / XPM) that "computed chains of prime numbers (Cunningham and bi-twin chains), the results of which were published on its blockchain's public ledger, available for use by scientists, mathematicians, and anyone else" (source: https://en.wikipedia.org/wiki/Primecoin).
so instead of just burning energy to solve useless equations the network can be solving something that can have practical appliances (as an option, scientists and mathematicians can have possibilities to send a request/proposal to the network for computing task).


if that value mean rich, so, no poor people in the world. the problem if how to make money if we have same amount, who will produce, sell a thing if we are equal? world need balance, for rich and poor. if both need money, just make a big work. money just for worker, not for everyone.
i agree and disagree with you. from one hand society has to stimulate its members to be the best one of themselves. fighting laziness and greed, stimulating creativity, honesty, trust and mutual help. but from other hand there is part of the society that can't support themselves due to physical or mental problems/illnesses. i'm not talking here about chronic alcoholics and drug addicts (although in most cases they also not to be blamed of who they become, but let's leave it for now). i'm talking about disable (physically/mentally) people who can't work even if they want to. so to support them someone have to work for two or even three people. and i think there are plenty of such people in the world. this what make us human and not animals (nazi as spartans prefer to eliminate the weak one for the benefit of the race). but we not living in the stone age where each and every one of us has to fight for survival. one farmer can easily support hundreds if not thousands of people. so, in modern society there is no need for such extreme measures.
but surplus of food lead to all kind of parasitic activities and stimulates the flourish of laziness. so there is vicious circle, salvation of one problem creates another one.
can the laziness be cured? how to make people want to benefit to the society without "forcing them to work at gunpoint". any ideas anyone?
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May 24, 2021, 12:53:32 PM
 #63

if you are saying that we should discover a way of equally distributing all the wealth among all people, no matter what, I disagree. From the economic point of view such a system would be bad for humanity because there would be no incentive to work.
it definitely should not be "no matter what". history shows that expropriation and equal redistribution is (as i mentioned before) a dead end. good example is soviet union. the evolution of human society chewed it up. as you said there were "no incentive to work", there were no point to do your job better if you get practically the same as your less enthusiastic colleague. the exemptions were "stahanovets" (people who do several day norms of production for one worker in one day). it is interesting that the motivation for this hard work was not of economical nature, but rather ideological. ~


I read that quite often the producing of much more than was required by Stakhanovites was actually the product of overreporting( false accounting): what several workers did was credited to just one person. Everything was a lie in the Soviet Union, even the Stakhanovite movement was a fraud.

the world economy would collapse, and there would be no funds for developing vaccines, for example. So, imo, all people would suffer from such system, the rich and the poor.
~
so (being realistic) it has to be something in the middle, something that make the middle class dominating in the society. if the middle class makes even 80 percent of the whole world population it can be said there is peace and harmony on Earth.~

I agree with this. Not sure about the "peace and harmony on Earth", but from the economical point of view, that would be great.

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June 04, 2021, 09:43:44 AM
 #64

do you think our world is ready for an ideal cryptocurrency? the one to solve most of the problems of human society?
what is for you "ideal crypto"?
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June 04, 2021, 11:33:11 AM
 #65

do you think our world is ready for an ideal cryptocurrency? the one to solve most of the problems of human society?
what is for you "ideal crypto"?

There is no further elaboration of what we need to tell about IDEAL CRYPTO because the benefits we already received from Bitcoin is something that we must be thankful for Satoshi and to this whole crypto market.

But if you are asking about what Specific coin? then that must be Bitcoin and not Shitcoin of Meme coin.

We will be always thankful and will always be there to support and use this coin all our life and to our next generation.

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June 05, 2021, 04:06:14 AM
 #66

Not going to work because each hour a baby is being born which means that we have to continuously split the amount that we receive in bitcoin plus it won't be viable to do that because the greedy hodlers aren't going to let go of their bitcoin.
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June 05, 2021, 06:30:12 AM
 #67

The problem here, poor people can't necessarily get bitcoin for free, because of course it gets more expensive on its price, unless there are people who provide help, such as providing opportunities to earn bitcoin in certain ways. Well, from an economic point of view, it's like money in general, but it's not necessarily easy to earn it.
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June 05, 2021, 06:55:37 AM
 #68

The problem here, poor people can't necessarily get bitcoin for free, because of course it gets more expensive on its price, unless there are people who provide help, such as providing opportunities to earn bitcoin in certain ways. Well, from an economic point of view, it's like money in general, but it's not necessarily easy to earn it.
Plus, poor people don't have the necessary devices and requirements to access bitcoin since impoverished people are basically trying to survive a day at a time and an electronic device is the least of their worry.

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June 05, 2021, 10:39:11 AM
 #69

The problem here, poor people can't necessarily get bitcoin for free, because of course it gets more expensive on its price, unless there are people who provide help, such as providing opportunities to earn bitcoin in certain ways. Well, from an economic point of view, it's like money in general, but it's not necessarily easy to earn it.
It's true that even poor people don't necessarily understand cryptocurrencies, especially bitcoin,
and I don't think poor people will think that far, of course they will think for themselves how to survive,
so even though some give free bitcoins of course they don't understand what to do with bitcoins

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June 05, 2021, 05:18:05 PM
 #70

do you think our world is ready for an ideal cryptocurrency? the one to solve most of the problems of human society?
what is for you "ideal crypto"?
Crypto is an ever evolving project and that's why we can never know what is the "ideal crypto" in our minds, because it always gets better and better. Something that was created today has a lot more technological advanced blockchain than any other thing that was created years ago, every year we are seeing better and better improvements and that is why the newer ones have a better system. Doesn't mean they are better, some of them are not even that good in price and the team sucks, but that is not the problem of the project or the idea, it is the problem of the team.

So long story short we are just waiting for something that would be benefiting only the team if they suck. The ideal one would be a great team creating something with the highest tech available at that moment, however it will not be ideal in 2-3 years because even a better tech will come up.

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June 07, 2021, 08:51:59 AM
 #71

The problem here, poor people can't necessarily get bitcoin for free, because of course it gets more expensive on its price, unless there are people who provide help, such as providing opportunities to earn bitcoin in certain ways. Well, from an economic point of view, it's like money in general, but it's not necessarily easy to earn it.
It's true that even poor people don't necessarily understand cryptocurrencies, especially bitcoin,
and I don't think poor people will think that far, of course they will think for themselves how to survive,
so even though some give free bitcoins of course they don't understand what to do with bitcoins

Oh, c'mon! Can that be a problem these days? I don't think so. If someone is willing to give you Bitcoin, you surely can figure out what to do with it.

do you think our world is ready for an ideal cryptocurrency? the one to solve most of the problems of human society?
what is for you "ideal crypto"?


The "ideal crypto" is Bitcoin, apparently. And I'm saying it not because I'm so tech savvy that I can judge(I'm not), but rather because I can see that with hundreds, even thousands, of tries Bitcoin has not been defeated.

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June 07, 2021, 09:12:24 AM
 #72

It's true that even poor people don't necessarily understand cryptocurrencies, especially bitcoin,
and I don't think poor people will think that far, of course they will think for themselves how to survive,
so even though some give free bitcoins of course they don't understand what to do with bitcoins
I disagree.

If someone is poor, they're striving to survive but at same time they're hoping and dreaming of getting out of the poverty line someday. And it urges them to do extraordinary for their dreams and to get out of the rat race.

Try to give a poor guy bitcoin and for sure that he's going to do what it takes to understand it and what's the best thing to do it. Almost everybody got a signal for the internet to do simple search.

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June 07, 2021, 08:38:09 PM
 #73

do you think our world is ready for an ideal cryptocurrency? the one to solve most of the problems of human society?
what is for you "ideal crypto"?

The concept of money has been discussed for a lot of time not only in this forum but through history and we know the characteristics it should have and bitcoin in that respect is as close as it can be to perfection as we have ever been.

However it seems that you want to mix two different concepts which is money and the economic well being of the whole population, and this is simply not something that can be achieved with the current levels of production and technological achievements we have reached.

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June 07, 2021, 08:51:55 PM
 #74

It's true that even poor people don't necessarily understand cryptocurrencies, especially bitcoin,
and I don't think poor people will think that far, of course they will think for themselves how to survive,
so even though some give free bitcoins of course they don't understand what to do with bitcoins
I disagree.

If someone is poor, they're striving to survive but at same time they're hoping and dreaming of getting out of the poverty line someday. And it urges them to do extraordinary for their dreams and to get out of the rat race.

Try to give a poor guy bitcoin and for sure that he's going to do what it takes to understand it and what's the best thing to do it. Almost everybody got a signal for the internet to do simple search.
Myself too disagree on the statement. Just because one is poor, it doesn't mean they'll not understand anything. Everyone is doing something for survival, so there's no discrimination that someone specific understand and the other won't. It is all about the way they take it. I personally know a person who started with just $30 and slowly he have increased it to $1000. Invested what is possible for them and learn to make it big.

.SUGAR.
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Golftech
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June 07, 2021, 09:19:08 PM
 #75

if that value mean rich, so, no poor people in the world. the problem if how to make money if we have same amount, who will produce, sell a thing if we are equal? world need balance, for rich and poor. if both need money, just make a big work. money just for worker, not for everyone.

If there are no poor people on the world then there are also no rich people. I think that wealth is relative, giving everybody the same amount of money wouldn't really change anything either. Since that money would be free all goods would increase in price overnight. The only way would be to take money from the rich and give it to the poor. But this is very dangerous because rich people could just immigrate to another country to protect their wealth.

It won't happened at all, rich people will choose to leave instead of sharing their wealth to poor people, and like

you i see the same thing, if everything is free then the market will adjust and increase the value of their goods

it's always balance and there's always differences between.
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June 07, 2021, 11:24:29 PM
 #76

if that value mean rich, so, no poor people in the world. the problem if how to make money if we have same amount, who will produce, sell a thing if we are equal? world need balance, for rich and poor. if both need money, just make a big work. money just for worker, not for everyone.

If there are no poor people on the world then there are also no rich people. I think that wealth is relative, giving everybody the same amount of money wouldn't really change anything either. Since that money would be free all goods would increase in price overnight. The only way would be to take money from the rich and give it to the poor. But this is very dangerous because rich people could just immigrate to another country to protect their wealth.

It won't happened at all, rich people will choose to leave instead of sharing their wealth to poor people, and like

you i see the same thing, if everything is free then the market will adjust and increase the value of their goods

it's always balance and there's always differences between.
Already during the pandemic rich ones are moving to secure locations to stay alive through private copters. So, for sure rich ones will move to other countries if they're asked to share their wealth.

In my understanding one can be said poor if he isn't able to meet his basic needs of food, clothing and shelter. What for is the government, if the government fulfill this finding the people. Then there won't be anyone as poor. Governments need to focus on providing quality education, medical services free of cost. If this is done by a government, poor will easily turn rich atleast by the next generation.
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June 07, 2021, 11:53:22 PM
 #77

It's true that even poor people don't necessarily understand cryptocurrencies, especially bitcoin,
and I don't think poor people will think that far, of course they will think for themselves how to survive,
so even though some give free bitcoins of course they don't understand what to do with bitcoins
Try to give a poor guy bitcoin and for sure that he's going to do what it takes to understand it and what's the best thing to do it. Almost everybody got a signal for the internet to do simple search.

Don't just give him bitcoin but also try to make him understand what bitcoin is and what is the use of it for sure he will be curious to know then dig dipper information about bitcoin since if you just give it to them they will just sell it off and buy the amount what they get some certain goods for temporary survival.

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June 08, 2021, 03:26:13 AM
 #78

Not going to work because each hour a baby is being born which means that we have to continuously split the amount that we receive in bitcoin plus it won't be viable to do that because the greedy hodlers aren't going to let go of their bitcoin.
If you do not become greedy you can use bitcoin if you have a good knowledge about bitcoin but it is not for everyone. Adequate capital is required to use bitcoin there are many poor people who cannot afford to invest in bitcoin it depends on the people not just the holders.
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June 08, 2021, 05:55:57 AM
 #79

If you do not become greedy you can use bitcoin if you have a good knowledge about bitcoin but it is not for everyone. Adequate capital is required to use bitcoin there are many poor people who cannot afford to invest in bitcoin it depends on the people not just the holders.
Totally agree, having some knowledge in bitcoin is a requirement that has an utmost importance because it if you get in the market and you don't have a knowledge about it, you will only get lost but that doesn't mean that it's all gone for you because you can still learn along the way, it's much more difficult though. I don't think that bitcoin is for everyone because not everyone has the patience to learn and to earn in long-term and we have to respect that.

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June 08, 2021, 11:30:54 AM
 #80

do you think our world is ready for an ideal cryptocurrency? the one to solve most of the problems of human society?
what is for you "ideal crypto"?
Everybody is not going to be part of the bitcoin community, not everyone is going to have interest in making use of it. And next, there is not going to be anything such as bitcoin being evenly distributed, lol that can never happen. Even fiat that is centralized and can easily be distributed evenly, they haven’t done that, not to talk about Bitcoin. Everyone can never have the same amount when it comes to money , it’s all about your hard work and luck. So you just have to work hard and gather more for yourself.

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