Re: Why the global currency cannot be 100% internet based and if we will have one
Nobody can shut down the internet,because internet is a network of servers.Can you shut down all of them?
That's why nobody can shut down the blockchain.As long as there are miners,the blockchain will continue to exist.By the way,bitcoin can be printed on paper.Nobody is saying that bitcoin will be 100% digital.
We already have a global currency.It's called US dollar and it's a pretty shitty global currency.
That's why nobody can shut down the blockchain.As long as there are miners,the blockchain will continue to exist.By the way,bitcoin can be printed on paper.Nobody is saying that bitcoin will be 100% digital.
We already have a global currency.It's called US dollar and it's a pretty shitty global currency.
You can shut it down in parts of the world, or even in a country. The internet is centralized at the moment, this is the problem. And something some people are trying to fix. If you decentralize internet, like Bitcoin with nodes distributed all over the world, then sure,,, you improve chances of servers always able to send and receive information requests.
Bitcoin is digital make it on paper does not make it physical,,, or does it? I am confused.
We cannot for sure make Bitcoins on paper because then we will have to either convert it whole as a paper and that won't be good , the Bitcoin is not just Bitcoin , it's a trading outlet and making it on paper will kill the global trade it have.
Maybe we can in the future see someone willing to convert their whole wallet in paper 🤣 that will be funny enough, there won't be any trading trust me the only reason it's successful is because we are connected to the world, I am sitting in one part and talking all the way down till the poles , we cannot just roam around street to street with our paper Bitcoin asking people * hey am gonna sell it this week, are you willing to buy , lemme check the price online *
It will be so funny 😂 and thus I guess impossible
And I agree with shutting down the internet part yes it's bit of a trick but it's not impossible to be honest 🙌😁
Why would we go in that direction?! Let`s start to be honest to each other, let`s make better communication between people, let`s help everyone who needs some help. Can we live in peaceful world? Where nobody will shut down each others, where you will be able to travel without problems will someone kidnap you or take your body parts. Can we live in the world without wars?
When people of the world become united we will see better days, for that we need better communication, we need to be more connected, who else can help us with that than internet and blockchain?