Post
Topic
Board Bitcoin Discussion
Re: The World Without Bitcoin
by
quocsi
on 13/05/2021, 22:31:43 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
We all know that the birth of Bitcoin is a great invention that makes sense for the technology age. Digital currency was born to overcome the world's barriers. Currently, digital money is developing in the direction of exploiting the advantages and advantages of blockchain technology - blockchain (such as low transaction costs, high security, convenience, fast...) rather than in the direction of using digital currency as a real currency. If the world did not have Bitcoin, the world would not be advanced and modern.