Post
Topic
Board Bitcoin Discussion
Re: The World Without Bitcoin
by
EiKaGlaShPriSAThWEl
on 02/05/2021, 06:49:35 UTC
Have you ever thought what would the world be without Bitcoin? Imagine if the cryptocurrency was never invented and we'd still be living with Fiat (paper money and credit/debit cards). People would be subject to banks' desires without a chance for freedom. A cashless society would be only a dream, without innovations in the FinTech space. Gold would still be an option, but not everyone will be able to access it. The unbanked people will be forced to deal with banks in order to participate in the mainstream economy. A lot of challenges and hurdles would arise without a decentralized form of currency for the enjoyment of all.

What do you think the world will be today without Bitcoin? Your input will be greatly appreciated. Thank you. Smiley

I believe that the number of people who does not know cryptocurrencies are still larger than the number who are using it now. Their money or savings are in the bank while others are on the stock market and they are contented with it. For this new generation and for the people who become more involve to technology, yes I think it's kinda "Bitcoin is Life". There will be no freedom for them while others may have no extra income or others may not become rich. But to be honest, even though I am involve with this crypto thing, I still put money on the bank which I treat as my savings and emergency fund.