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Author Topic: imagine a world without Bitcoin  (Read 576 times)
Emitdama
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April 09, 2022, 07:24:37 AM
 #61

Has it been really "that" long? I mean we have been here for a long time and that is a good thing and I am very happy about it, but the fact that "imagine" is a word for thinking about a world without bitcoin is still a bit weird.

I mean after all we are talking about something that is a bit new compared to our lives, I didn't know what bitcoin was, or in fact bitcoin wasn't even invented or known up until I was 20 years old or so, I mean invented a bit before, like when I was 18-19, but didn't become known until I was 22-23 years old. It means that I grew up completely without bitcoin, it is not something that I have to imagine, I lived 2 decades without it.
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April 09, 2022, 08:02:56 AM
 #62

___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?
1. The world will fine without Bitcoin, mining doesn't harm environment.
2. Most people still using fiat for any transactions, Bitcoin is more used for investment rather than a currency.
3. No, how can someone create a forum when they doesn't know what the discussion of the forum itself?
4. Depends, Bitcoin doesn't solve financial economy nor giving away free money. But the early adopter who mine Bitcoin or collecting faucet do become a millionaire now.
5. Same, scammer will use other currency.

tl;dr Bitcoin do have less or almost none impact to the world.

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April 09, 2022, 08:34:54 AM
 #63

...
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?

Bitcoin is not just about financial transactions, it is about freedom and alternatives. It brought the competitive alternative to the bank system. And competition makes the system working better. It brought the freedom to manage your money. If you loose that you'll get a dictate of bank system again. What and when can you by with your money, how much and when can you pay, etc.

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April 09, 2022, 11:10:26 PM
 #64

I understand right now how important Bitcoin is for a country.Usually now if bitcoin is stopped in my country then the number of unemployed in my country will increase so much that the government will not be able to bring it under control.This bitcoin has brought a serenity to all people including the whole unemployed youth. Unemployed youths work in this cryptocurrency and continue their family with their livelihood.We have to live with a lot of hardships, especially when this bitcoin is closed.
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April 10, 2022, 09:42:58 AM
 #65

I understand right now how important Bitcoin is for a country.Usually now if bitcoin is stopped in my country then the number of unemployed in my country will increase so much that the government will not be able to bring it under control.This bitcoin has brought a serenity to all people including the whole unemployed youth. Unemployed youths work in this cryptocurrency and continue their family with their livelihood.We have to live with a lot of hardships, especially when this bitcoin is closed.

How do the jobs in your country connected to bitcoin? I hardly can imagine any country where disappearance of bitcoin can influence employment significantly. Even when we talk about El Salvador there are some new jobs caused by implementation of bitcoin as payment system, but it is no so significant. Fiat transborder transactions are more expensive but can still be done. What's about your country? It would be interesting to learn more about it.

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April 10, 2022, 04:36:49 PM
Last edit: April 16, 2022, 04:51:32 PM by wxa7115
 #66

Has it been really "that" long? I mean we have been here for a long time and that is a good thing and I am very happy about it, but the fact that "imagine" is a word for thinking about a world without bitcoin is still a bit weird.

I mean after all we are talking about something that is a bit new compared to our lives, I didn't know what bitcoin was, or in fact bitcoin wasn't even invented or known up until I was 20 years old or so, I mean invented a bit before, like when I was 18-19, but didn't become known until I was 22-23 years old. It means that I grew up completely without bitcoin, it is not something that I have to imagine, I lived 2 decades without it.
And yet the changes brought by bitcoin are so important that to imagine the current world without it is problematic, entire generations for thousands of years lived their lives without the Internet, can you imagine your life without the Internet? Because most people cannot do it, and something similar happens here.

Privacy is under heavy assault all over the world and we need something that help us to regain at least some of that lost privacy, and bitcoin is here to help, governments will try to do everything to kill or subvert bitcoin, so far they have failed but they are not going to stop as something that allows you to sidestep their fiat system is simply unacceptable on their eyes.

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April 10, 2022, 05:56:41 PM
 #67

A world is running from million of years ago and it will still run without Bitcoin. Without Bitcoin people has no benifit for online transaction and earning systems. But it will stay tuned. But if now BTC will be removed from world then it will produce matters. But world will learn to live without BTC and they Forget about Crypto.

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April 10, 2022, 09:12:49 PM
 #68

1. The world will fine without Bitcoin, mining doesn't harm environment.
I do accept that there wont be any change even if there is no Bitcoin space, but to have a public ledger is an invention that can be used in every sector especially by the government to have transparency. The idea of Bitcoin is harming the environment is just bullshit as if every other industry is boosting the environment.

2. Most people still using fiat for any transactions, Bitcoin is more used for investment rather than a currency.
That is a general concept but where countries that are under restrictions or in the event government freezes the funds, we can use Bitcoin and that has been done

tl;dr Bitcoin do have less or almost none impact to the world.
Things i mentioned is the impact it created, to overcome restrictions imposed by government or restrictions from one country to another is a huge deal.
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April 10, 2022, 11:21:14 PM
 #69

That brings me to my question "imagine a future without cryptocurrency Bitcoin and a world without digital payments".
___..................................
___..................................
___will there be anything like Bitcointalk forum?
___will the rate of jobless increase or decrease?
___..................................
How can no Bitcoin and no digital payment?
Do you think we will have no internet in the future?

Sorry, I doubt it. I'm not sure if Bitcoin will be gone and no any digital payment in the future. I assume it is only on your imagination, something not really to happen in the future.

Regarding the crypto forum, we already have some crypto forums. Whether Bitcoin survives or not, other crypto forums appear. And this Bitcointalk forum may still exist even if there is no longer Bitcoin because this forum isn't only related to Bitcoin, this forum is for all cryptocurrencies.

What does this have to do with the rate of jobless? I don't think it will have a significant impact on the increase/decrease of jobless.  Huh


By the way, please try to answer yourself first before asking others.


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April 10, 2022, 11:47:41 PM
 #70

I could not imagine a world without Bitcoin, for my personal experience, it is the safest investment, I do not trust banks or systems that have a bond or their incorporation that offer savings, of course, what I trust is in the bitcoin, for I is the best investment that exists.

I have always respected the decision of others, there are people who, as long as they speak and say they have to free themselves, do not leave their mental jail, there are only a few that until now are seeing the solutions and reality they show them. In the media that are very manipulators, mainly the bad.

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April 16, 2022, 04:03:54 AM
 #71

It is interesting to think that because technology has accelerated so fast in the past couple of decades, something like bitcoin would have seemed futuristic or impossible in the 1970's and 1980's. That said, it is fairly easy to imagine a world of no Bitcoin if you can remember back 20+ years or more .

There were no bitcoins 20 years before and we could imagine the world without them only before their existence. Since the invention of bitcoins, it's impossible to live without them.

I can't imagine a world without bitcoin. What if someone says, imagine a world without the Internet and you will say that the world without the internet will be the end of the world. We cannot say the same for bitcoins, but those who are using bitcoin, for them it is like a horrible dream to think of a world without bitcoins.


It is an analysis with nice analogies, and I think that it is important to highlight a considerable point here, and that is that technology will always advance, not only in telephones, or audiovisuals, or smart homes or so many things that machines can do, but each Sometimes things like the economy will have its inflection point as it is now with BTC, at the beginning of 2017 when BTC jumped to $20k everyone said that this was the biggest bubble of all time, and when it fell in price more still, but they did not imagine that it would reach almost $70k, and now they will even less imagine that it will reach more than $150k and it is not said by me but by experts who have had great experience on wall street. In this context it is not healthy to imagine a world without BTC.

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April 16, 2022, 04:11:55 AM
 #72

Dumb questions op. BTC was introduced to the world way back in 2009. Before 2009, there was no BTC, popular digital payment methods and other popular cryptocurrencies which is when FIAT, Gold, Silver etc thrived.

This basically answers all of your queries op. If BTC were to suddenly vanish in the future, some other popular cryptocurrency will take its place(ETH, LTC etc) as the top cryptocurrency in the world.

It's pretty much impossible for all cryptocurrencies to suddenly disappear out of the blue basically.

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April 16, 2022, 07:36:15 AM
Last edit: April 16, 2022, 09:29:03 AM by noormcs5
 #73

I understand right now how important Bitcoin is for a country.Usually now if bitcoin is stopped in my country then the number of unemployed in my country will increase so much that the government will not be able to bring it under control.This bitcoin has brought a serenity to all people including the whole unemployed youth. Unemployed youths work in this cryptocurrency and continue their family with their livelihood.We have to live with a lot of hardships, especially when this bitcoin is closed.

As you said that many people are earning through bitcoins  in your country, does this mean that bitcoin is declared legal in your country?

Personally, I am too much involved in bitcoin that it is hard for me to even imagine a world without bitcoins. I hope I don't have to see a day where there are no more cryptocurrencies and bitcoins.

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April 16, 2022, 07:55:02 AM
 #74

The most important aspect of Bitcoin is missing from what you listed above as the major reason and usage of Bitcoin are for p2p payments without the intervention of any third party. Bitcoin has come to eradicate the era of traditional banking where privacy is taken seriously. Some take Bitcoin as an investment while others mainly use Bitcoin for payment.
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April 16, 2022, 08:06:11 AM
 #75

if the times did not appear bitcoin, may not be a pleasant conversation. just like mobile phones, previously people didn't use cellphones it didn't matter, there was still a postal mail or landline and now they have to use a smartphone, sometimes someone also feels dependent on a smartphone. that's the picture of developments in the world, the same as bitcoin, of course it will always develop and we will also have to be able to adapt to the latest developments

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April 16, 2022, 01:20:40 PM
 #76

I understand right now how important Bitcoin is for a country.Usually now if bitcoin is stopped in my country then the number of unemployed in my country will increase so much that the government will not be able to bring it under control.This bitcoin has brought a serenity to all people including the whole unemployed youth. Unemployed youths work in this cryptocurrency and continue their family with their livelihood.We have to live with a lot of hardships, especially when this bitcoin is closed.

How do the jobs in your country connected to bitcoin? I hardly can imagine any country where disappearance of bitcoin can influence employment significantly. Even when we talk about El Salvador there are some new jobs caused by implementation of bitcoin as payment system, but it is no so significant. Fiat transborder transactions are more expensive but can still be done. What's about your country? It would be interesting to learn more about it.
I don't know how to say it, but so is where I live. Majority of young people are involved in crypto and almost all of them are working full time with crypto, a lot of people have succeeded and have their dream life thanks to crypto. The people I knew were chefs and builders, but they quit their jobs and became full-time investors.
It's a bit different for me because I have my main job outside and invest in crypto when I have free time, but really crypto has helped me a lot. When covid happened I was almost unemployed and I could only make money from crypto and now participating in signature campaigns, participating in whitelist events also get me some extra spending in life when prices escalate because of inflation.

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April 16, 2022, 03:49:42 PM
 #77

I think for many this is not difficult at all. After all, everyone remembers how quite recently - a few years ago, no one spoke about such a currency at all.
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April 16, 2022, 03:56:40 PM
 #78

World is running from million of years without Bitcoin and it will run as  it is already running.  BTC provide us online safe secured transaction but if BTC was not invented then  something else had discovered because Need is mother of invention. But if now BTC will be removed from this world in current time then it is different matter which effect the world for few time of period.

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April 16, 2022, 04:57:16 PM
 #79

The most important aspect of Bitcoin is missing from what you listed above as the major reason and usage of Bitcoin are for p2p payments without the intervention of any third party. Bitcoin has come to eradicate the era of traditional banking where privacy is taken seriously. Some take Bitcoin as an investment while others mainly use Bitcoin for payment.
While true the fact that bitcoin was created by an individual and not a government meant that it began with a user base of one, at the beginning only satoshi used bitcoin and then it kept growing its user base, this means that bitcoin became and incredible investment and that you could accumulate early on amounts of bitcoin that would be impossible to accumulate in the future unless you had a lot of fiat already.

So it is natural that even today the main use of bitcoin is as an investment and store of value than as a currency, but as adoption grows at some point we will see a reversal of this situation and bitcoin will finally fulfill its main objective, which is to become a currency.

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April 16, 2022, 05:09:27 PM
 #80

I think it is too easy to imagine the World without Bitcoin. There are still too many people who are completely not aware of it. There are still too many people who are "not interested" in Bitcoin or cryptocurrency. And of course there are people who are busy with their current problems, to find time to listen, read, find information about Bitcoin. Bitcoins is still counted as "bad" for most of people. Even while I am writing this post, news on TV warn about speculative side of cryptocurrency and warn that is easy to be scammed.

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