If Bitcoin took over....

[Elwar]

If Bitcoin took over, the Fed could print an $18 trillion bill and pay off the debt and none of us would be affected (except those that have treasury bonds in war money). The economy would continue in bitcoins without a huge war money debt hanging over our heads.

Countries would not be able to print money to go to war, they would have to spend only what they have so the wars would turn into small skirmishes.

[thejaytiesto]

The problem is most of the hip hop lyrics would become updated. Would they start talking about the mighty B? i dont see a world where the dollar isn't the be all end all of power.

[ChuckBuck]

If Bitcoin took over....

-You wouldn't have to worry about a credit score,
-the underbanked would have as much a chance as the privileged. 
-Credit card companies would go the way of the Dodo.
-Remittances industry would be shaken to the core.  Bye Bye Western Union
-People would save so much from fees they'd normally pay from banking, credit cards, money wires, that they'd spend more money using Bitcoin
-Bitcoin would be used as a voting system in the near future and help settle elections
-Would be used as a record keeping device for legal contracts: business and personal, marriage, partnerships, wills.  It'd be forever ingrained in the Blockchain ledger


....and so much more.

[Netnox]

The problem is that the common person is too much dumbed down by the government, they are economic slaves without knowing it and dont know how bitcoin can free them.

[steven.G999]

If bitcoin took over, there wouldn't be no banks.
Just joking. if bitcoin took over, there would be no pressure from the banks to use their services and in turn, make the average man free from the chains of the banks. Sorry for the ideas in here. It's 4:00 in the morning. Hope after I wake up, I'll see a healthy discussion going on in here.

Wait, I'll ask you the same question: If bitcoin took over..

would nice if bitcoin take over, and make their own bank