How would the world be if Bitcoin wasn't created

[TheUltraElite]

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

[krishnaverma]

Since bitcoin has benefitted all of us in various ways so if the bitcoin was not created, we would have not been able to enjoy these benefits.

Let me share with you some examples. I am from a country where there are very less online earning opportunities. After I registered on this forum, I came to know about bitcoin and started investing in bitcoins and made som really good profits. I also came to know about signature campaigns which paid me in bitcoin only. If there was no bitcoin, I would not have made this money. There are millions of people like me who benefitted from the existence of bitcoin. We would have been in a bad financial condition in case there was no bitcoin.

[posi]

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

[Japinat]

Without bitcoin, the world will continue to run, the world economy will continue to spin, and human life will remain as usual, but if bitcoin is not created, there will certainly never be new challenges in the assets that we hold and control ourselves, basically there is no one. no one knows what was in the mind of Satoshi Nakamoto at that time, the originator of bitcoin whose name is known throughout the country, but until now no one has been able to reveal the true identity of Satoshi.

Well, of course, the world will continue to run as well as the economy inside it, but without bitcoin and other cryptocurrencies, our choices would be much limited just like what the OP have stated. And the governments around the world will take advantage of their controls and continue to make their people blind to the reality that they're getting robbed.

And for the creator behind bitcoin, as much as the creator would like to take credit from it and to be known around the world, he, Satoshi chose not to reveal himself/herself/themselves. Let's just respect it and stop finding the real identity behind the name Satoshi Nakamoto.

[xSkylarx]

if bitcoin was not created by satoshi then everyone would hold fiat money and gold as their assets, now bitcoin has been born and now many people have believed bitcoin is the most valuable asset, maybe in the future another one will be born again and valuable and useful then bitcoin will lose and so on.

If digital assets won't exist at all. Most people will hold gold, as you've said, but only a few of them since it costs a lot and is not that easy to buy, unlike buying bitcoin, which is done online and in your home. If bitcoin wasn't created, it could not help me financially, not just me, but all of us who are investing in bitcoin. We now see bitcoin as a way to make money that will help us with our daily needs.

[lizarder]

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.

Great things that have happened in the world there are several models, such as the internet and telecommunications which have developed so rapidly. But the model cannot provide Bitcoin-like utilization and it is for this reason that Bitcoin is far more developed than its predecessors.

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.

Regarding the community, I think not only in bitcoin, the stock market also has a big community for now. Decentralization establishes a delegation for more independent decision-making, this is not shared by any community other than Bitcoin.

Govts and Banks would have taken full advantages during pandemic

If Bitcoin was not created, maybe people would choose gold to be a source of investment or it could be an inanimate asset such as land in various uses. But the presence of Bitcoin really changes the previous challenge for the better.

The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild".

The creator of Bitcoin took the initiative not to reveal his identity, because Satoshi Nakamoto understands the consequences of identity as privacy, and perhaps if identity is disclosed to the public, there will be risks involved.
Satoshi Nakamoto understands the concept of human life in the technological era, so identity is not something that is important for anyone to know.

[Mpamaegbu]

But have you ever thought how could be the world without bitcoin ..

Frankly speaking, and responding to the topic, there wouldn't have been anything wrong still. Man would be carrying out his functions like it's normal. You can't miss what you do not know exists. Without the advent of Bitcoin, life would still carry on. Before Bitcoin, there was life and after it, there will still be life.

[FanEagle]

Honestly? I do not think that the whole world in general would have that much of a big difference. It is another industry that hires people, there are tens of thousands of people who work and make an income, and there are thousands who made millions of dollars worth of profit and got rich.

However, all of that money usually came from someone else, which means they did not really change the amount of money available in the world, and that is why I doubt that it would make a big difference in the world generally. It is just something that would have been like how it was before crypto was invented, and it would go on like that without interruption. My life certainly would be 10 times worse so happy crypto exists.

[Cryptomultiplier]

Well, the world would be better and bitter because only then will individuals be committed to the traditional banking systems, and crime would have increased because of the absence of an alternative to earn and contribute to the society, positively.
The outside world would have been closed or reserved to only those who earn from other traditional jobs.

[pawanjain]

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

[posi]

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

If you say that the crypto industry is helping a lot of people with well-paying jobs or directing them to financial freedom then I really agree with you. I have seen a lot of people have success when they get into crypto, not only as an investment but the industry also provides a significant amount of employment to society. But that's not quite true when it comes to bitcoin alone, to be honest, I haven't seen too many jobs that pay in bitcoin. Currently bitcoin is seen only as a good investment, a store of wealth.

[Maximo Spohn]

Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.

[Artem Sereda]

Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.

Bitcoin has changed the lives of a lot of people, it's true! But the people whom he absolutely did not affect much more! Therefore, it is difficult to judge its usefulness here. Everything is individual!

[Yatsan]

OP missed the most important point and that is the amount of jobs that bitcoin has provided over the years.
All of us would have missed these opportunities to make an income.
Bitcoin has enabled us to become financially independent and without it many of us would have been in the rat race.

I would say that signature campaigns on this forum have been going on in a steady rate paying in Bitcoin. But freelancing on Bitcoin would be the next "job" on Bitcoin while getting monthly salary on Bitcoin is rare.

This from your point of view might be a type of bias but still there needs to be more jobs of Bitcoin, the number is still low.

Financially you cannot be independent so easily. Your job is there because someone is employing you and you are dependent on them. How you manage your money is the important thing.

In fact, I haven't seen any other work being paid in bitcoin other than the signature campaign. So I don't think bitcoin provide a huge number of jobs for society and once you have paid work it cannot be called financial freedom, participating in the signature campaign, we also depend on the project owners as well as the managers.
But if investing in bitcoin to achieve financial independence, I believe it and I have seen many people change their lives by investing in bitcoin, so to speak, they are financially free.

The number might not be huge but it surely is considerable. When I say bitcoin has provided jobs I don't specifically mean signature campaigns.
There are many other things such as freelancing jobs and accept payment in bitcoin, development jobs in other projects that pay in bitcoin as well as native tokens, providing services and accepting bitcoin, being paid in bitcoin by the bitcoin core dev group etc...
Basically, all those things which bitcoin has helped us in earning money contributes to one step closer to our financial freedom.

If you say that the crypto industry is helping a lot of people with well-paying jobs or directing them to financial freedom then I really agree with you. I have seen a lot of people have success when they get into crypto, not only as an investment but the industry also provides a significant amount of employment to society. But that's not quite true when it comes to bitcoin alone, to be honest, I haven't seen too many jobs that pay in bitcoin. Currently bitcoin is seen only as a good investment, a store of wealth.

Other than profit from crypto industry, there's nothing more that it affects the world. Bitcoin is still not being used as a mode of payment because it is more preferred to be used as an asset to generate profit. Well some did use this technology with transactions but I doubt they use it on a regular basis. Let's be real.
This technology is amazing indeed but many people are still living without it because these are just alternative currencies at the present. An individual may not or may have an amount of it but it is not a requirement. People may be involved with this industry and may not. We have freedom of choice. There's no need to gaslight its importance that much.

[GideonGono]

If Bitcoin didn't exist I think that there would still be cryptocurrency someone would succeed on creating it,
Bitcoin was the first successful cryptocurrency but it wasn't the first so there would still be others who would try if Satoshi didn't create Bitcoin it might just be a different name and creator but I guess it could still be close to it's function.
But if cryptocurrency didn't exist I think some of us might be really bored and doesn't even have investment, I mean I know some people who only started investing because of cryptocurrency.

[Zanab247]

If Bitcoin was not created, I guess the high rate of unemployment would have increase higher in the whole world because many countries that made Bitcoin legal for their citizens to used in the countries has reduced unemployment in their countries and increased their employment that is making them to appreciate the founder of Bitcoin all the time. If Bitcoin was not created, what happened in 2020 that made many countries to experienced pandemic that collapsed many countries economy, that helped bitcoiners to recover faster during the pandemic than those who don't have knowledge about Bitcoin in the country because Bitcoin was created in the land.

[inthelongrun]

If Bitcoin didn't exist I think that there would still be cryptocurrency someone would succeed on creating it,
Bitcoin was the first successful cryptocurrency but it wasn't the first so there would still be others who would try if Satoshi didn't create Bitcoin it might just be a different name and creator but I guess it could still be close to it's function.
But if cryptocurrency didn't exist I think some of us might be really bored and doesn't even have investment, I mean I know some people who only started investing because of cryptocurrency.

Bitcoin is not the first digital currency but it is the first decentralized cryptocurrency. Without Satohish Nakamoto, a centralized cryptocurrency would've been successful in the next attempts and its growth would only lead to the creation of CBDCs.

Stocks, bonds, and tangible assets are very popular investments but you are right, I knew a lot of people that only started investing when they heard about Bitcoin. These people are driven by the belief that Bitcoin can change their life which may be right, although I prefer people to understand well what they are into.

Without Bitcoin, I am still into different types of investments. And just like you said, it would've been boring. I just feel more confident in Bitcoin rather than in my local country's stock market.

[minime0105]

Without Bitcoin and cryptocurrency they will be no Bitcointalk forum that's one thing that would have happened to the world.

They is no much difference between people that don't know about Bitcoin and those who know Bitcoin. Nothing special would have happened to the world. Technology evolves with time. What would have happened to the world if they was no electricity? They will be no computers resulting to no internet and Bitcoin, but people existed without electricity in the past. Hence, we appreciate technology because it makes things easier and one tech leads to another. Cryptography birthed cryptocurrency and exchanges which created more employments; the key to livelihood.

I agree with this opinion. Think of a world without cash. If cash wasn't invented in the past, it would have been commodities still used to trade. If there have been no computers, there were definitely no internet, no blockchain, no digital money and no Bitcoin. As simple as possible. There is always at least one alternative and world will never stop moving...

All are the past because all this things were not available you will definitely have another option and you wouldn't have known that those things is in the existence, I'm trying to let you know that the more the year the more we are going into investment as well, so i believe that Bitcoin is a support to a technology of cash precisely, or in other hands is the technology that works directly with fiat currency, so cryptocurrency technology can not be separated with fiat, both is similar in relative

[Newlifebtc]

Bitcoin has only become popular in recent years. In the early years, Bitcoin was only used by a small number of miners and investors.
However, after Bitcoin is widely used by everyone, it really brings us convenience. Bitcoin has changed my life, I am glad I knew about Bitcoin earlier and bought it.

I notice what is Bitcoin when it is created and introduce but I was not taking bitcoin serious according to to the preaching then have seen online concerning bitcoin it was late 20018  and 2019 I understand what is cryptocurrency so I believe buy Bitcoin I have it technology and the technology of Bitcoin is what is making his supporters to be much

[Odusko]

Bitcoin has made us achieve quite a handful of things that ordinarily we would not have achieved, take for example the financial freedom we achieve through Bitcoin would have not been possible without Bitcoin's existence, the bank could have the sole control over all our financial dealings and you know what that means.
Practically, Bitcoin has made the world a better place, and Bitcoin serves as the global financial agent without any third-party involvement