Sweetcoiner (OP)
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November 10, 2022, 05:45:24 PM |
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Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.
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mk4
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November 10, 2022, 06:15:23 PM |
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Bitcoin: it gives people an alternative to traditional fiat currency, and/or a store-of-value asset like gold(debatable)
Crypto: a different asset class that's currently 99% scams and utter shit, may or may not be something very important in the future; depending if smart people actually find a viable use-case outside of speculation
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Sandra_hakeem
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November 10, 2022, 06:21:30 PM |
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Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.
I don't believe that you aren't fluent in speaking or writing; I think you didn't take your time to avoid typos like this, -- a type that almost got me wondering why I decided to read your post in the first place. Check on that. No. You haven't known this whole cryptographic stuff outrightly. If you do, you shouldn't be asking how important it has been and how it's gonna improve...............makes me feel you haven't aligned with 'em current rehab which has made you looked Bitcoin disdainfully, that's naive. AFAIK, cryptocurrency has tamed Fiat of its prevalence and has made peeps free from the shackles of banking slavery. It will help alot in future (as it has been doing for more than a decade now) people are open to a system where I can trust anyone with safe-trade trnx, all reflecting on the Blockchain (how sweet can that be compared to banking and its Incessant, personal recognition with passport photographs and IDs yet, feel unsatisfied and control your funds however they feel like). It's not gonna replace Fiat totally but, it'll do some more good in the future. Sandra 💇
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BTCGalaxyA12
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November 10, 2022, 07:05:42 PM |
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Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.
Exactly under your topic there is an answer to sort between Bitcoin and Crypto. For the environment, Bitcoin will not harm the environment. For the economy, it makes transactions easier.
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see, guide and lift us when we fall Reminder: do not keep your money in online accounts
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Kingkongs
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November 10, 2022, 07:18:37 PM |
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BTC is king over traditional crypto currency, Looking at the current situation and economy power of the world today, Only BTC can make a difference in global shake up, this is why BTC is loved and cherished by major Crypto enthusiastic. So to your questions. BTC is very very important and influencial as well, as environmental population free with no harm.
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Stalker22
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November 10, 2022, 08:00:45 PM |
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I personally believe that if Bitcoin will continue growing at the rate it is now, it is going to help our society in the way we have never seen before. The basic reason for this is because the money we use, fiat currencies, are being printed out of thin air. And this creates hyperinflation, economic instability and generally weakens society. But with Bitcoin, we have a cryptocurrency that isn't printed out of thin air; so long as people continue using it, we don't have to worry about inflation because there can't be inflation without massive money printing as seen in modern day economies. Bitcoin may be imperfect, but it is infinitely better than what we use now.
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AakZaki
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November 10, 2022, 08:16:37 PM |
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If you ask how important it is for now, bitcoin is still not that important for most people, but for people who already know about the potential of bitcoin, of course bitcoin is very important and becomes a good payment option in the future. Bitcoin is still a volatile digital currency with a fairly high risk, but behind that bitcoin is decentralized or not regulated by anyone. Bitcoin is an optional payment instrument and a good investment asset for the long term. Indirectly bitcoin will be very useful to grow our economy and become a good investment tool with some control done.
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Rruchi man
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November 10, 2022, 08:31:28 PM |
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I don't believe that you aren't fluent in speaking or writing; I think you didn't take your time to avoid typos like this, -- a type that almost got me wondering why I decided to read your post in the first place. Check on that.
No. You haven't known this whole cryptographic stuff outrightly. If you do, you shouldn't be asking how important it has been and how it's gonna improve...............makes me feel you haven't aligned with 'em current rehab which has made you looked Bitcoin disdainfully, that's naive.
This sounds hostile, and this response can be discouraging for newbies who truly know nothing about bitcoins and have joined the forum to learn. If this is the regular response that everyone here gives whenever someone asks a question truly when they want to learn from the community, they will not become comfortable, become afraid of expressing themselves and will limit participation so they don't get gaslighted. You can see that OP is truly a newbie, Please be accommodating and hospitable, you were once a newbie to both bitcoins and the forum.
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libert19
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November 10, 2022, 09:27:22 PM |
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Environment? BTC is already infamous for it's energy consumption.
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lalabotax
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November 10, 2022, 09:33:21 PM |
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Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.
What society? Which one? Bitcoin will be very important for the society that really accepts BItcoin in their life. I mean accepting here is accepting Bitcoin as an investment, currency, technology, and also product development. We have seen so many people take or earn money through Bitcoin from time to time. That is why Bitcoin is very important moreover for those who know the influence of Bitcoin on altcoins. However, if society is the one that is on the opposite, Bitcoin means something that is bad, to be avoided, and also a manner for criminal things. Theywillthinkroughly and negatively about Bitcoin. Although they already know that Bitcoin has many advantages, they will always see from the disadvantages sides.
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bitmover
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November 10, 2022, 09:49:50 PM |
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Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.
Bitcoin is not important for the society, it is important to individuals. It is important to protect your Freedom , your property. To move your money where you want. To flee from war and have money to protect your family. It is important to protect your savings against an abusive government who is destroying the economy of your country. It is important for your privacy and to easily pass your savings to your heirs. Bitcoin is not going to make the society better. It is going to make individuals life better. Bitcoin is not a welfare state policy.
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lovesmayfamilis
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November 11, 2022, 05:27:08 AM |
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For me, Bitcoin is primarily a convenience. The convenience of fast transactions, the free storage of your funds without unnecessary control and eyes, as well as the education of a person who is responsible for his actions, which is important for the younger generation. Being organized and responsible for your investments, analyzing the market, and having the ability to properly manage your funds are all advantages of bitcoin. And as a result, the formation of a free person, soberly assessing all the actions of the government and preventing manipulation of his life
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Alisha-k
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November 11, 2022, 06:39:04 AM Last edit: November 11, 2022, 07:04:27 AM by Alisha-k |
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BTC is already a part of the society even though it hasn't been considered a legal tender in many countries but it has gotten even wider personal adoption compared to previous years. In the future Bitcoin will become a universal currency. It will help reduce inflation rate and stabilise most economies has printing of paper money will have to halt and conversion of currencies reduced therefore helping none industrial nations
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zfhrt80
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November 11, 2022, 06:54:10 AM |
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Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.
For the economy of the current state of the world, Bitcoin is a very important influence, another way of preserving people's wealth and making transactions easier.
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m2017
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November 11, 2022, 06:56:57 AM |
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It seems to me that society is not yet quite ready to accept bitcoin. So far, not so many people from all over the world use it. Yes, of course, the user base is expanding and there are places where you can pay with BTC-th, but we still continue to live in the world of traditional financial instruments. Bitcoin is just trying to claim his rights. If bitcoin dominates in the world of the future, then this will undoubtedly be a huge step for human society, which will allow it to rise a step higher in development, because technology has always pushed for this. Perhaps bitcoin will change people's lives for the better. At least in terms of ecology. Eliminating paper money from the general circulation, for the production of which a lot of wood is spent all over the world, and switching to btc, our descendants will only be grateful.
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Llhxsdr
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November 11, 2022, 07:02:26 AM |
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Bitcoin will not cause inflation like paper money. The growth rate of Bitcoin in the past ten years is enough for us to see its potential, and the market for Bitcoin will be even greater in the future.
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LEbimb
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November 11, 2022, 07:04:41 AM |
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Now many countries have used bitcoin as legal tender, which means that bitcoin has been recognized by the state and widely used by people, and it has become a way of daily payment.
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ModestyKK
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November 11, 2022, 07:44:06 AM |
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It improves the consensus for people, consensus is very important, the blockchain is subversive, it is decentralized, and the emergence of Bitcoin allows people to reach a consensus on the currency.
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Yatsan
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November 11, 2022, 12:24:14 PM |
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To society, it is still nothing much but as an alternative currency. But to investors, it is one of the most profitable asset. We have different perspectives and it is just normal for 'usual' individual to view this technology as something which is either risky or just profitable. Not all people would be interested enough to learn its nature and its advantages as a currency. In fact, Butcoin and other cryptos or this industry in general are still not acknowledge to most of the countries for a reason. One day, once it is recognized by more people, that would be the time wherein it would matter more than what it is, at the moment. Now many countries have used bitcoin as legal tender, which means that bitcoin has been recognized by the state and widely used by people, and it has become a way of daily payment.
Used , indeed but not widely on those countries. Perhaps in Philippines, there are small businesses which accepts this currency as a mode of payment but not all proprietorship would do the same because they are scared of the risks involved by doing so, and we cannot blame them for that. Maybe it is still too early for this industry. It will still undergo development as years would go by.
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lionheart78
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November 11, 2022, 12:45:44 PM |
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It is quite important because it bridges the unbank to online transactions. it enables borderless transfers without relying on a third-party company it can give privacy to one's wealth it give pseudo-anonymity to both parties when transferring funds (as long as it does not go through to any centralized exchanges) it gives job opportunities since many companies are taking advantage of Bitcoin's popularity and adoption. the technology behind Bitcoin is one of the futures of the financial system. To society, it is still nothing much but as an alternative currency. As an alternative currency, it had done so much to the society like the one I listed above.
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