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Author Topic: imagine a world without Bitcoin  (Read 576 times)
Dillonhebist (OP)
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April 04, 2022, 11:28:33 AM
Last edit: April 04, 2022, 01:35:04 PM by Dillonhebist
 #1

Cryptocurrency Bitcoin has gone viral, it among the top 10 news in the world today. Bitcoin has been heard in so many ways either by testimonies of people on how they invest and make huge amount of money, how they are been scammed, how they lost their wallet seed phrase and can't recover it etc. But not everyone knows or want to ask why cryptocurrency especially Bitcoin is been created.

why is cryptocurrency bitcoin created.
Bitcoin was created for individuals to freely make Financial transaction at any time around the world without relying on banks or governments. But the main point by which cryptocurrency was created is to fix the issues of traditional currencies so that currency holders will have the responsibility and power in there hands.

Useful of Cryptocurrency Bitcoin.
Bitcoin has so much benefit and has benefit individuals around the world in one way or the other and  that makes 98% of Crypto holders want to be part of bitcoin world because of it usefulness or benefits.

That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?
___will financial transaction be stressful and restrict?
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___will the rate of scamming increase or decrease?
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April 04, 2022, 11:49:12 AM
 #2

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink

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April 04, 2022, 12:10:52 PM
 #3


That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?
___will financial transaction be stressful and restrict?
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___will the rate of scamming increase or decrease?


The future without Bitcoin will look the same as with Bitcoin in other words Bitcoin
isnt going to change the world.

Digital payments have been happening with FIAT for years with Debit and Credit cards
and bank transfers for example.

Joblessness will happen regardless of whether Bitcoin is around or not because of
AI technology and the world population constantly growing.

R


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April 04, 2022, 12:23:37 PM
 #4

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink

Maybe the OP thinks that 98% of the people in crypto wants to be a part of it because of all the benefit Bitcoin brings. There's no way that 98% of the world population is even aware of Bitcoin. I'm sure that substantial percentage of the world population have bigger concerns in mind than buying some BTC.

.
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Dillonhebist (OP)
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April 04, 2022, 01:29:17 PM
 #5

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink
98% of Crypto holders belong to Crypto world because of its benefits and usefulness.
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April 04, 2022, 01:31:34 PM
 #6

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink
98% of Crypto holders belong to Crypto world because of its benefits and usefulness.

Yeah, just like I thought. You should have worded it a little better because when you put it like this:

... that makes 98% of people want to be part of bitcoin world because of it usefulness or benefits.  ...

it really looks like you are talking about world population.

.
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Dillonhebist (OP)
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April 04, 2022, 01:36:39 PM
 #7

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink
98% of Crypto holders belong to Crypto world because of its benefits and usefulness.

Yeah, just like I thought. You should have worded it a little better because when you put it like this:

... that makes 98% of people want to be part of bitcoin world because of it usefulness or benefits.  ...

it really looks like you are talking about world population.
Correction noted.
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April 04, 2022, 01:40:10 PM
 #8

Correction noted.

Great! But I still don't think that 98% people in crypto are here just because Bitcoin is so useful. Where did you get that information from? Or is that just your own estimation?

.
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April 04, 2022, 02:04:32 PM
 #9

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink

Maybe it's 98% of the users of Bitcoins, we don't know we can't really get exact stats when we are talking about bitcoins and cryptocurrencies because everyday there is new stats that we can generally find.

Around 22% of the adult population holds Bitcoins in America therefore this stats is definately up and down.

Correction noted.

Great! But I still don't think that 98% people in crypto are here just because Bitcoin is so useful. Where did you get that information from? Or is that just your own estimation?

It's not just about being useful, sometimes it's the necessity as well, it's basically necessary to make sure that you keep in touch with the tech as well, some places also have an internal necessity of using Bitcoins and other cryptos at the moment like *ukraine* *Russia* it's serving its role amazingly in the war as well. Therefore this also needs to be noted. When fiat fails people have something to back up to!

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April 04, 2022, 02:13:59 PM
 #10


Majority joined the crypto I think first heard of BTC before they got distracted and bought altcoins. But eventually they see altcoins to be useless and bought back BTC. When they been around for years and have seen the market in down trend for more than a year, theyd realize the importance of BTC in crypto.

Witbout BTC,  I think there will also be no altcoins and were still in fiat system not minding that we can't hedge our money from inflation.


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April 04, 2022, 02:15:41 PM
 #11

If bitcoin does not exist, none of us will gather in this forum. Maybe there will be another technology but it will be different from blockchain and not be the same. Cryptocurrency is the only one while the world will remain like what we saw. Paypal and other similar payment systems can still lead their path to use online payment systems. Jobless will be like that and scamming will still be there, nothing changes but I do not know because I do not imagine something that I do not know.

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April 04, 2022, 02:22:24 PM
 #12

98% of people want to be part of bitcoin world because of it usefulness or benefits.


A very strong and confident remark. Do you have concrete confirmation of such "statistics" or is it just your desire? Show me a link to such wonderful news. It would be a big win if bitcoin was popular at that percentage. Wink
98% of Crypto holders belong to Crypto world because of its benefits and usefulness.

Yeah, just like I thought. You should have worded it a little better because when you put it like this:

... that makes 98% of people want to be part of bitcoin world because of it usefulness or benefits.  ...

it really looks like you are talking about world population.

Because 37% of the population does not have access to the internet, the figure would not be 98%; additionally, because bitcoin is a technological advancement, there are still people that are unaware of it. But I think the OP is just stating this because he is overwhelmed that a lot of new people are now adapting to bitcoin and he noticed that everyone knows it. Let's just kinda see the other side for the OP and answer his question. I think it is still the same for me as before bitcoin was invented, but it has greatly affected the people who are earning from it.
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April 04, 2022, 02:39:20 PM
 #13



That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___how will the world look like?
___will financial transaction be stressful and restrict?
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___will the rate of scamming increase or decrease?

I can only imagine and I realize how satoshi has really helped humanity through his(thier) invention of bitcoin and cryptographic payment system which gave birth to  the many internet currencies we refer to as cryptocurrencies today .

I imagined a world without bitcoin and cryptocurrencies and I a world of financial pain, a world of many jobless youths, a world filled with arm robbers, kidnappers, hired killers and several other criminal activities, a world filled with poverty, lack and want resulting to fights, health issues due to poor health facilities.

I can only Imagine, I personally have benefited immensely from satoshi's invention,  I am married with kids and I've been jobless since 2018, bitcoin and cryptocurrencies(this forum included) has been my only source of income, through satoshi's invention, I am able for feed well and feed my family too, I am able to send my daughters to good schools, I am able to afford good medical health care for myself and my wife and my beautiful daughters as well as many other family members too.
And I believe that as it is with me, so it is with many other people out there most especially, those in the third world countries, I honestly don't want to imagine what my life would have been like right now without bitcoin and cryptocurrencies.

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April 04, 2022, 02:53:55 PM
 #14

Honestly, I'm old enough to have lived in a world where Bitcoin didn't exist Cheesy And I remember it well. When I compare these two worlds, the current one with Bitcoin is better, because it gives people an alternative to become independent from the financial system.
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April 04, 2022, 03:01:06 PM
 #15

Considering that only a tiny percentage of the population of the world owns Bitcoin, a tiny portion of these people use Bitcoin regularly, that marketcap of Bitcoin is smaller than marketcap of some publicly traded companies, that Bitcoin processes hundreds of thousands transactions per day, while mainstream payment services process many-many millions; I would say the world would be largely the same. Sure, some people's lives would be absolutely different, but the life of an average person would not be affected.
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April 04, 2022, 03:01:33 PM
 #16

The world will function normal except the extra benefit people are getting from being a bitcoiner and being part of this forum or any other crypto related forum will not exist. Bitcoin usage hasn't really spread world wild compare to fiat, but am so use to being part of crypto space that i don't think i want a world without it. i think for us who are familiar with this world, it will be extremely boring to not have it.

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April 04, 2022, 06:15:22 PM
 #17

Considering that only a tiny percentage of the population of the world owns Bitcoin, a tiny portion of these people use Bitcoin regularly, that marketcap of Bitcoin is smaller than marketcap of some publicly traded companies, that Bitcoin processes hundreds of thousands transactions per day, while mainstream payment services process many-many millions; I would say the world would be largely the same. Sure, some people's lives would be absolutely different, but the life of an average person would not be affected.
No, if there happens to be no bitcoin again, it is going to affect a lot of people. Although that would depend if the question is Saying this in addition with other cryptocurrencies. If let’s say that there is no longer cryptocurrencies, you know that there would be companies that would be affected.

Lots of cryptocurrency companies or exchanges would stop to exist, and that would lead to people losing their jobs, and also investors losing their assets, so it’s really going to affect a lot of people. And also you would no longer have the type of freedom that you have when making use of Bitcoin for a transaction. You can’t have that same freedom when you are using Fiat for transactions.

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April 04, 2022, 06:25:38 PM
 #18

Just by reading the title I felt very empty for a moment as the whole thing flashed right in front of my eyes. I don’t think there is easy way to imagine this one because I’m so much involved into bitcoin now. It would feel way empty than hollow space!
I think we would have been thinking nothing but our career, jobs, some political talks everyday and May be some shitty tech that’s just been invented for entertainment or military purpose.
There wouldn’t had been any developments in the share market, just the usual forex and copy trades. No gaming evolution in terms of NFT. The art would have been the same old auction based sold sold! 
See no fun at all if bitcoin wasn’t there.
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April 04, 2022, 06:39:50 PM
 #19

Maybe the OP thinks that 98% of the people in crypto wants to be a part of it because of all the benefit Bitcoin brings. There's no way that 98% of the world population is even aware of Bitcoin. I'm sure that substantial percentage of the world population have bigger concerns in mind than buying some BTC.
It's guaranteed that 98% doesn't even know about it, the number is much higher than it used to be, but still nowhere near 98% at all. I am sure that the people who are aware of bitcoins existence reached like 70-80% for sure, maybe even a bit more, but that's it, 98% doesn't even probably know Antarctica exists, let alone bitcoin, there must be more than 2% that haven't heard about it yet.

Aside from that fact the investors of it, the real question here must be like less than 50% as well, from the people who heard about it, we have less than half of them investing into it as well. Which isn't bad, it means that we have a big room to grow and I am happy about that.

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April 04, 2022, 06:52:11 PM
 #20

imagine a world without Bitcoin

... like a universe without the world.
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