Hamphser
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October 19, 2022, 09:47:38 PM |
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If Bitcoin wasn't created then what you mentioned wouldn't have happened nor would altcoins have appeared thus creating a lot of news about crypto hacking. But I'm grateful that Bitcoin exists because it has quite an impact on my life because through Bitcoin I understand about investing and how important it is even though it's not just doing it in Bitcoin.
If bitcoin does not exist, most likely we are still attached and mostly dependent on fiat right now, without having known that there are more opportunities to gain an income through engaging in crypto jobs or through bitcoin. And people would never have known about bitcoin investing and trading that made a lot of millionaires in this present times. And I would not have been this confident right now without bitcoin as my biggest source of income We would really be sticking into fiat and been monitored and surveillance when we do speak about financial transactions or even into our savings and other correlated things. We would really be still sticking into those traditional ways on transacting and since crypto was created then we do have at least the option on having decentralized and anonymous transactions which it did really gain up that much attention. If it wasnt been created then we are still heavily dependent on fiat and since we dont have any choice then we would really be just simply sticking into it.
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glendall
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October 19, 2022, 11:16:13 PM |
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world without bitcoin, would not be like today, the world would be flat without blockchain technology, NFT and exchange hacking stories, social media will be full of certain party online marketing, no elon musk promote doge all will return to the central government
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Oceat
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October 19, 2022, 11:29:39 PM |
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In my opinion, if bitcoin is not created, the economy of a small community will be difficult to get big opportunities, because most of the big opportunities are taken by the rich, but with bitcoin the economic opportunities for small people are very open, the proof is that a lot of poor people are getting rich for investing in bitcoin. so bitcoin really helps the world economy.
That's not right to just say that "lots of poor people are getting rich for investing in bitcoin" since there's no proof either way that they are really getting rich. Maybe if you would just want to say that they are making money for investing bitcoin but getting rich? It will take some time before they will get rich since it's hard to attain even a single BTC and making a living just by investing in bitcoin won't get someone rich and it's not easy to get rich quick just by investing in BTC.
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3996
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NicNacCoin
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October 19, 2022, 11:41:38 PM |
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Bitcoin is now at the peak of popularity all over the world. Many people are making a living out of unemployment by doing this bitcoin work.Jobless boys like us would have been in a very bad situation if the use of Bitcoin was not established in the country Due to the creation of this Bitcoin we are freed from unemployment and able to run our families happily and peacefully.Not only this, the state of the country is changing, different countries are earning a lot of money from Bitcoin every year.But one day Bitcoin will become the best currency in the country and everyone will use it simultaneously.
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jossiel
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October 19, 2022, 11:51:04 PM |
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Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.
Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.
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uneng
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October 20, 2022, 03:34:59 AM |
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Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.
Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.
Thinking on the individuals who changed their lives or are able to keep surviving due to bitcoin income, I imagine they would be in serious financial conditions if bitcoin didn't exist. They may not represent a lot in percentage when compared to the whole world's population, but the impact does exist on the individual sphere and also for every other professionals and businessmen who supply products and services to these adopters, since they raise their profit through these individuals who embraced bitcoin.
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cryptoaddictchie
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October 20, 2022, 04:02:19 AM |
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Also, without bitcoin, I guess I’m still suffering from financial crisis this time especially when pandemic hit us. Good thing bitcoin is here as it gives us a lot of opportunities to learn and gain at the same time, and brought positive changes in our lives.
I agreed. Me too got hit by covid and disperse me with my job, and the thing that save me is the connection with bitcoin and cryptocurrency. Opportunity that really help us. It work with members that knew how to handle finances well. Thats why as old users here, we should guide newbies or literally new here how they can maximize their activity on earning at the same time learn on the process of cryptocurrency.
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Razmirraz
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October 20, 2022, 04:21:45 AM Merited by fillippone (1) |
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what do you think would have been situation if Bitcoin was not created
In human civilization before knowing the means of payment, barter or exchange of goods into a means of payment of a transaction. Because the barter system often had problems, humans began to create commodity money. The history of money entered a new chapter after King Lydia Alyattes of Turkey minted the first official coins. According to my understanding of your question that I quoted above, if King Lydia Alyattes had not minted the first coins at that time, "Maybe" until now we are still using the barter system. IMO The cycle of updating the currency system continues to occur as technology develops, now we are in the Bitcoin era. Along the way, the development of Bitcoin has not always been smooth. In addition to price fluctuations, fraud and theft have also colored Bitcoin's long history. As happened in January 2014, (Mt.Gox) the largest Bitcoin exchange platform in the world at that time was suddenly hacked and declared bankrupt. The world is still turning, humans can still continue to live even though Bitcoin does not exist. I am so grateful to be able to live in an age where Bitcoin is booming, my respect is to Satoshi Nakamoto who created Bitcoin.
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traderethereum
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October 20, 2022, 07:52:45 AM |
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I can't imagine what I would have done if Bitcoin wasn't created because I was still working on various things before this. Maybe I'm still doing the same thing to make money and looking for other ways to make more money. But that all changed when I got to know bitcoin and got deeper into cryptocurrency because I discovered cryptocurrency as a way to make money. Maybe our condition will worsen in the last 3 years when the pandemic attacks almost all countries and we will find it difficult to meet our living needs.
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Yaunfitda
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October 20, 2022, 08:21:08 AM |
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Less millionaires obviousy, because there are a lot of individuals who become rich because they have invested early or a lot of money in bitcoin and then in bull run they sell to take their profits.
As for me, I don't know, it's a life saviour to me, I mean like years ago I lost my job but bitcoin keeps me something busy and of course make some money in the background. And as I gain experienced throughout, i was able to put food in the table because of my trading profits, just enough for me and my family to survived until I get a decent job and then I re-invest more.
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eddie.gouws
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October 20, 2022, 10:36:36 AM |
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Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...
But have you ever thought how could be the world without bitcoin ..
1) No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...
2) Govts and Banks would have taken full advantages during pandemic
3) People would have no better choice to invest apart from land, stocks or bonds
4) The excitement to grow money 10-20 folds would have not existed ...
5) Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...
6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..
7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin
Share your thought on this .. what do you think would have been situation if Bitcoin was not created
Without Bitcoin, the world would be a very different place. One of the most significant aspects of Bitcoin is that it allows for anonymous online gambling. This has led to a huge increase in online gambling, as well as other illegal activities. In addition, without Bitcoin, the world would not have seen such a dramatic rise in the value of cryptocurrencies.
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KaliLinux
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October 20, 2022, 11:25:52 AM |
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what do you think would have been situation if Bitcoin was not created
In human civilization before knowing the means of payment, barter or exchange of goods into a means of payment of a transaction. Because the barter system often had problems, humans began to create commodity money. The history of money entered a new chapter after King Lydia Alyattes of Turkey minted the first official coins. According to my understanding of your question that I quoted above, if King Lydia Alyattes had not minted the first coins at that time, "Maybe" until now we are still using the barter system. IMO The cycle of updating the currency system continues to occur as technology develops, now we are in the Bitcoin era. Along the way, the development of Bitcoin has not always been smooth. In addition to price fluctuations, fraud and theft have also colored Bitcoin's long history. As happened in January 2014, (Mt.Gox) the largest Bitcoin exchange platform in the world at that time was suddenly hacked and declared bankrupt. The world is still turning, humans can still continue to live even though Bitcoin does not exist. I am so grateful to be able to live in an age where Bitcoin is booming, my respect is to Satoshi Nakamoto who created Bitcoin. Facts and this is the same stance I believe too. We definitely wouldn't have known what that world would be like cos we didn't experience it so, we would have still been stuck in our old financial was of investment and just trying to make do with what we had but thank God for Satoshi Nakamoto for this GREAT innovation which is changing most peoples life, me included.
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Yamifoud
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October 20, 2022, 12:33:26 PM |
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Facts and this is the same stance I believe too. We definitely wouldn't have known what that world would be like cos we didn't experience it so, we would have still been stuck in our old financial was of investment and just trying to make do with what we had but thank God for Satoshi Nakamoto for this GREAT innovation which is changing most peoples life, me included.
Yes, it is really hard to imagine what will happen to us without the existence of Bitcoin but I think, what is happening now is the result of the continuous development of technologies. The existence of Bitcoin, changes a lot, especially in the digital world. But not to deny that despite the positive impact of Bitcoin on our life, some are also claiming this is a threat to other areas like banks and security. I understand the situation that people may not use the banks anymore and also have no control from the government but I'd see the benefits we get from this are more than enough for such bad claims and negative thoughts.
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Marykeller
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October 20, 2022, 02:01:30 PM |
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It's a good thing to be among those that know about bitcoin existence. Had it been bitcoin didn't exist, I don't know what the world will be like for those that are looking for financial freedom. Am happy to be among those that have benefited from bitcoin exposure to riches. Times are hard in society and bitcoin has been a good help to us that have bitcoin as a store of their assets
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redactorseofreelance
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October 20, 2022, 02:12:28 PM |
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Hi there!
In my opinion, if Satoshi Nakamoto had not created Bitcoin, we would now think that we are not capable of everything. Bitcoin proved that the world order can be challenged, and during its early days it did.
Regards!
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Aanuoluwatofunmi
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October 20, 2022, 02:37:03 PM |
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Things would have gone so wrong and badly to the extent that there may be unrest everywhere with the handling of our financial lives with centralized authorities, government wouldn't have wanted this happen but it has existed in such a way that bitcoin came unsuspected and unexpected to them and the whole network of blockchain is a technology that is fully decentralized and no manipulations can be passed through it, bitcoin have made alot of people gain back their freedom and make live worth living being profitable and has renders alot of opportunities that has help to improve livelihood in general.
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jossiel
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October 20, 2022, 06:07:09 PM |
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Well, we can simply look at our situations individually. Then for sure that many would be stucked to what they've been used to be like not being financial educated.
Bitcoin has been one of the push for those that are not aware of their financial status. And if we go back to our former lives, then it would hard for most that didn't see the innovation and the contributions of bitcoin made to our lives.
Thinking on the individuals who changed their lives or are able to keep surviving due to bitcoin income, I imagine they would be in serious financial conditions if bitcoin didn't exist. They may not represent a lot in percentage when compared to the whole world's population, but the impact does exist on the individual sphere and also for every other professionals and businessmen who supply products and services to these adopters, since they raise their profit through these individuals who embraced bitcoin. That's what it will look like if there's no bitcoin that everyone has found. But because of bitcoin, look at the financial situation of many that have discovered and believed on bitcoin. The majority who has held for so long have became at that stage of their lives that they're financial independent already and is about to be financially free or most likely are already financial free. It's such a great thing that everyone has found bitcoin while the doubters are still doubting it and never experienced the great things that they should have experienced too that we have had with it.
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Yarei
Newbie
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October 20, 2022, 08:22:15 PM |
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First of all, we acknowledge that the invention of Bitcoin built the base for what we know today as the cryptocurrency ecosystem. But the advancements that the ecosystem has undergone and the developments that have taken place these years are not necessarily attributed to Bitcoin or Satoshi. The things you listed are not solely based on Bitcoin but the entire cryptocurrency ecosystem. The efforts of various people who have seen a reason to give value in the crypto space can't be neglected.
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Rockstarguy
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October 20, 2022, 08:52:52 PM |
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But have you ever thought how could be the world without bitcoin ..
If bitcoin was not created many would have fall into ponzi schemes all in the name of investment. Bitcoin have been one of the best investment. Bitcoin have contributed to people to make good investment. If their was no bitcoin existing most people would have been depending in the bank to save their money . People would have been depending on source of income, without bitcoin their won't be a way for one to help his/her self to grow financially.
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AakZaki
Legendary
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zknodes.org
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October 20, 2022, 09:34:05 PM |
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And of course this forum also wouldn't exist if bitcoin wasn't created by Satoshi Nakamoto. How influential Bitcoin is today in developing the digital economy around the world. Bitcoin is the origin of all coins today. The richest people in the world even always mention bitcoin. If bitcoins really were never created, I wouldn't be able to earn from my computer screen, I wouldn't be able to buy a lot of bitcoins and of course I wouldn't be a crypto trader and be stuck in a zone I never wanted to be. Bitcoin was created to support all one's expectations, to grow one's business and to change the way one transacts.
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