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Author Topic: The impact of bitcoin on world population, what happens when the population rate  (Read 559 times)
Kakmakr
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September 18, 2022, 09:00:26 AM
 #41

Luckily for all the Fiat slaves, governments do not care about population growth.... they simply print more money to adapt to the growing need for cash.  Roll Eyes  This is also good for bitcoin hoarders, because the more people there are.... the higher the need for Bitcoin will be.... thus pushing the value per bitcoins up in the future.

The cost per "Satoshi" will just increase... and there are millions of Satoshi in circulation to fit everyone's needs, no matter how many people there are.  Wink

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September 18, 2022, 10:06:43 AM
 #42

If the world population increases, it will have a significant impact on bitcoin. The more people there are, the more money is going to be spent on things like food, water and electricity. This will lead to increased demand for bitcoin as a currency.
Yes, I totally agree with this point of what you just said, because an increase in population will surely result to an increase in the demand for Bitcoin, being an independent digital currency fast and borderless, which will eventually lead to another skyrocketing of its price due to more demand for its limited supply.

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September 18, 2022, 12:36:09 PM
 #43

As regards the subject of this thread, I think it's the other way around. Rather than "the impact of Bitcoin on world population," this is more like the impact of population on Bitcoin.

Anyway, this is one of the reasons why Bitcoin's price value increase could be never-ending. If the population growth is going to rise and rise, then the demand for Bitcoin will also rise and rise provided, of course, it remains relevant. The demand for money is never-ending; it instead rises no end especially with a ballooning population.

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September 18, 2022, 03:10:20 PM
 #44

Bitcoin will just be an ordinary asset like gold and the like. but the difference is that bitcoin is more likely to experience a lot of adoption in the field of payment or payment instruments. because maybe in the future paper money is used less and less and transactions via the internet will be more widely used. so that the ease of transactions with bitcoin could be excellent in the future. but gold will only remain a savings or investment asset only. and only a few who make gold as a means of payment or a medium of exchange. because gold will remain a valuable asset in the realm of the real world. but on the internet it will not be as popular as bitcoin.
That difference is not a small one. I have been getting paid in bitcoin for years for the work I do, and in return I have been spending bitcoin on many stuff as well, not just bitcoin but other coins as well. Which means that bitcoin could be like gold when it is used as an asset, but it is also like fiat when it is used for payment made to someone as well.

There is really nothing in the world that is both a great asset but also a great payment method at the same time, crypto is the only one and that is why it is valued so highly. I personally believe that we are going to do so much better with the upcoming times, all we need is waiting, and with that patience we are going to be rich.

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