If cryptocurrencies disappear - how will your life change ?

[Dzwaafu11]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

To be honest, if crypto is to be in no existence again seriously, I may even go broke because of my funds that are in cryptocurrency investment. I have invested some percentage of my money into it, so it will hit me hard if such things happen. The reason is that I may not be able to get the money converted before thing happen. Although I know that it will not be that possible as we are saying, if such happens, I know many people whose financial status will definitely go down. Many people earn in crypto, especially traders.

[Davidvictorson]

Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

If cryptocurrencies disappear, I would write about it. I would compare. I would write about my personal experiences I would also write about how my country's regime we're so suppressive of cryptocurrency that even though it is because disappeared, they'll the economy will remain the way it is. I'll interview "former crypto holders" about how they are getting by. In summary, I'll write a book and the create a documentary out of it. That's how I'll turn the lemons life has given me to lemonade.

[rachael9385]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

It will affect all bitcoiners.
For me, I have kept enough money on crypto and if anything happens to the crypto market, it will hurt because I have probably lost a lot of my money/investments. However I am not the only one it will affect because almost the whole world have invested on crypto, more essentially Bitcoin, so if anything bad happens in the crypto space it will be bad, and even the government that didn't support crypto in their country will laugh at those that invested on crypto. Well I am not sure if anything like this can happen in future.

[Kcrypto18]

If cryptocurrencies disappeared, people would lose their money and need to use other ways to pay for things. It would also stop some new technology from growing and make those who use crypto for privacy find different solutions.

[SatoPrincess]

I don’t have all of my assets in Bitcoin so if hypothetically there is a crypto apocalypse and all crypto cease to exist, I wouldn’t be in much trouble as I have diverse portfolio and fiat savings to fall back on. Sure it will hurt me because obviously I’ve lost some money but that cannot be the end of my life. My focus will be on starting a new venture that can earn me money to cover up for the loss.

[South Park]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

Why would this happen? This is the most important question to answer by far, as that will tell us a lot about the possible repercussions we may face, since in order for all cryptocurrencies to disappear all of a sudden, then a massive event will have to happen, and if that is the case I am not so sure that the impact of the whole industry disappearing overnight should be the main of our worries, when most likely we will have more important things to worry about at that moment.

[Jegileman]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

A lot of things will change immediately in my life because most of the things I’ve achieved today are through this cryptocurrency. From one step to another; taking some few trades, buy and sell some coins that may have potential within a short term of trading. I’ve actually achieved a lot through the crypto space and I don’t know how I’m gonna feel when they cease to exist but definitely I’ll be destabilized before I’ll find my feet again and get back to my normal life. I just know it won’t happen, so the thought of that won’t even be coming to ring in my head, but it’ll have a lot of effect and I’m sure many people will also feel the same thing when it cease to exist.

[Nothingtodo]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

Human life will not stop if all types of cryptocurrencies do not exist, people will learn to invent alternatives to cryptocurrencies.
Before 2009 there may not have been bitcoin but still people's life was going on normally so now if there is no bitcoin then people's life will not stop but will go to the traditional rules of the creator.

[Helena Yu]

I will be honest, I will become poor since 99% of my wealth is in Bitcoin, 1% in fiat for paying bills.

Why I invest all of my money in Bitcoin? because I'm not rich, a wage slave and single. This mean I can't afford to invest in real estate, while investing in stock or gold aren't as promising as Bitcoin.

Being a wage slave means I will earn a same amount in every month, so there are no risk in my jobs.

So, I need to take higher risk in investment since it's the only way for me to multiple my wealth. If I win (Bitcoin price goes multiply x times) I can get a partner, learn a new thing to find better jobs and make a family. If I lose (Bitcoin price goes down) then I will say fuck it, live alone and take another risk.

[Mr Reporter]

Honestly speaking if it happens that means end of the world has come to people that invested in it because many people's like my self have life time life saving there I can't even think of it that it will end because the joke will be to expensive to the massive crypto has brought joy to many people's face for example like me I got my first birk though crypto space I got some many assets worth dollars though it so gust this is just an vivid imagination op..

[CK485]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

The impact is very big if crypto suddenly disappears, people who invest in it will experience huge losses, and what will probably happen after that is that they will be very disappointed and will not be able to complain to anyone, in the event of this loss.

[Sebas.tian]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

My life will continue to change for good OP, because I don't depend on cryptocurrency only and if anything happen to cryptocurrency market or Blockchain today, it will not going to affect me negatively, because I have other sources of income that will play the role of cryptocurrency income in my life. Hope you are not depending on cryptocurrency only?  for you to raise such question in this thread show that you only have cryptocurrency as your source of income, which is not advisable to cryptocurrency users and it will be good if you can have other jobs or other investments that will be bringing income to you weekly or monthly. I know cryptocurrency disappearance will affect many users negatively in this community, but if they have other things that is bringing them income like cryptocurrency, I don't think they will kill themselves for the disappearance of cryptocurrency, because cryptocurrency will not go to live forever which newbies need to take note of that before going into cryptocurrency investment.

[DrBeer]

I propose to expand the topic a bit, and to voice other scenarios in which cryptocurrencies will not be available to us for a certain significant period of time.

And immediately I will bring a scenario, quite real, when cryptocurrencies, at least become unusable or unavailable for some period of time: my country, Ukraine, for the second day terrorist state is bombarded by ballistic missiles, guided missiles, kamikaze drones. In addition to terrorist strikes on residential neighborhoods to terrorize and intimidate the civilian population, the main strikes are carried out on infrastructure - primarily elements of power generation and energy distribution. As you understand - this can lead, among other things, to global problems related to the unavailability of the Internet, if data centers and traffic consolidation points are de-energized or destroyed for a long time.

[Solosanz]

I propose to expand the topic a bit, and to voice other scenarios in which cryptocurrencies will not be available to us for a certain significant period of time.

And immediately I will bring a scenario, quite real, when cryptocurrencies, at least become unusable or unavailable for some period of time: my country, Ukraine, for the second day terrorist state is bombarded by ballistic missiles, guided missiles, kamikaze drones. In addition to terrorist strikes on residential neighborhoods to terrorize and intimidate the civilian population, the main strikes are carried out on infrastructure - primarily elements of power generation and energy distribution. As you understand - this can lead, among other things, to global problems related to the unavailability of the Internet, if data centers and traffic consolidation points are de-energized or destroyed for a long time.

What you explain and your title are different.

In this case it's only your country that unavailable to access Bitcoin, while people in other country didn't experience the same thing.

War in few countries still not enough to start World War 3 except there are two of them e.g. US, EU, Russia or China attacking each other.

As long as I didn't live in a country which has high chance of conflict or if I live in there, I will move to other country. So technically I will not lost my wealth, this is different if people invest in real estate or offline business.

[Stablexcoin]

Honestly, a lot would change because 95% of my wealth is stored in cryptocurrency in my wallet. It took me 3 to 4 years to grow that asset. If any disappearance happens I will be completely broke without money. This doesn't mean I don't have a working business that fetches me cash for my daily living. But knowing that what you have been building for years just got destroyed on one very traumatizing night.

[Iranus]

I never thought about it and I don't believe it will happen but if it did my life would definitely be terrible. Although I do not invest all my assets in crypto, I have great faith in this market. Because I know that it is the best solution I have to change my life when everything in the world is getting too difficult and there are not many opportunities for me.

If you hadn't asked this question, I would never have thought of this, thinking about it doesn't make me happy  . In short, I don't hope that happens and I'm sure many people will be like me, this doesn't do us any good.

[knowngunman]

To be honest, if crypto is to be in no existence again seriously, I may even go broke because of my funds that are in cryptocurrency  investment. I have invested some percentage of my money into it, so it will hit me hard if such things happen. The reason is that I may not be able to get the money converted before thing happen. Although I know that it will not be that possible as we are saying, if such happens, I know many people whose financial status will definitely go down. Many people earn in crypto, especially traders.

Well, it is just an imagination that will probably not see the light of the day. I don't see this happening but even if it's going to happen, cryptocurrency will not just disappear like tha, there must be signs that shows its declining and smart ones will be able to liquidate their portfolio. What I learnt from this thread is the important of diversification. Not only you but so many people rely absolutely on crypto to earn a living or have invested a large portion of their money into the technology. Of course, it will hit hard if it eventually happens but if you've diversify your investment you will definitely not go broke or thinking of starting over again

I never thought about it and I don't believe it will happen but if it did my life would definitely be terrible. Although I do not invest all my assets in crypto, I have great faith in this market. Because I know that it is the best solution I have to change my life when everything in the world is getting too difficult and there are not many opportunities for me.

your life will be terrible? Perhaps, what you invested is probably greater than what you can afford to lose. What Op presume is actually a fiction but it passes a very deep message. Waking up to see crypto no more sounds weird but crazy things happen in crypto and you shouldn't invest what you can not bear the loss in case of any misfortune. I will advice you to review your investment and if possible reduce or diversify your investment.

[Woodie]

If cryptocurrencies disappear - how will your life change ?

Are we not going back in time with these imaginations  because I thought the future is here

Anyway for arguments sake let's say crypto was no more...well I think adjusting to this will take some time to getting used to, because crypto is a lifestyle and without it life will be boring...and the fact that the human race is one stubborn one I think we can adapt to the change and move on to something new...

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

Crying about it wouldn't solve the situation...

I guess try to find ways to reboot crypto again as a collective effort from every crypto enthusiast around the world.

[Hewlet]

If cryptocurrencies disappear - how will your life change ?

Let's model one situation - tomorrow morning, all cryptocurrencies cease to exist, there are no blockchains, no crypto exchanges, no P2P exchanges, no gates and other things inherent to the crypto market.
Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

you've actually taken your imagination so backwards when we're more concerned about how many key players we want to see joining and adopting crypto in Thier region. Such event relating to total disappearance of crypto in a single day can't ever happen but even if for any reason that in our imagination something like that ever happens, I don't think that it will have a damning effect on me. I'm still an early holder with almost a year in the space and less than six months into active building of my portfolio. It will disorganize me few days but that's for me a fraction of what's going on with me financially so I would be pretty much okay regardless of what happens.

As humans, we have the inherent nature in us that helps us to adapt to whatever situation we find ourselves as long as we don't become weak In the process. There were times when the forum became unreachable and some days you stay without access to network, at the start it's always deficult but with time you certainly adopt to things and get used to it. Crypto can't go into extinction and even if it will, it will take a lot of proccess that would last more than a year for we to see the kind of dump that can tilt to an irrecoverable DIP.

[Porfirii]

Question - what changes will happen in your life ? Just a request - let's be honest and not make things up, but objectively assess how the “disappearance” of cryptocurrencies can affect us?

If cryptocurrencies disappear, I would write about it. I would compare. I would write about my personal experiences I would also write about how my country's regime we're so suppressive of cryptocurrency that even though it is because disappeared, they'll the economy will remain the way it is. I'll interview "former crypto holders" about how they are getting by. In summary, I'll write a book and the create a documentary out of it. That's how I'll turn the lemons life has given me to lemonade.

Beautiful idea Davidvictorson. I hope it never happens, but if the worst happened and you need different testimonials, count on me for that


For me it would have a great psychological impact. I have been not only interested but also very excited about Bitcoin and crypto for the last 7 years (more than 10 if I take into account the first time I heard about Bitcoin) and if they disappeared all of a sudden I would feel hopeless. Not only because of the time lost, but because it occupies a space that would suddenly be empty and would have to be filled with something else, which over the years becomes more and more complicated.