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.
What do you think the world will be today without Bitcoin? Your input will be greatly appreciated. Thank you.
This is actually something I think about often. I found out about bitcoin sometime in 2013-14 and it's been such a huge part of my life in many different ways that I will sit and ponder how much has my and other's peoples lives changes since then. It's done so much for me on a personal level, but what I really care about is what it's done for others who are unbanked, who can't trust neither their banks or governments, those who need to send money overseas to family to survive but need it to happen quickly and cheaply etc etc.
The thing to remember also is that bitcoin is only going to improve, and if it's as great as it is already and were are just get started, imagine where things will be in another 10..20 years.
Cant really be denied that there are lots who had able to make big benefits in terms of investments but we should mind off on its actual usage or real reason of its existence.Earning money
is just second in line but it seems people are already aiming for this thing mainly.World without bitcoin? We are still been shackled with those banks and centralization aspects on what government had set out.