Post
Topic
Board Bitcoin Discussion
Re: The World Without Bitcoin
by
KaliLinux
on 20/01/2022, 13:28:15 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

This wouldn't have been a discussion because even back then without Bitcoin, you, me, and everyone here already existed but no one thought of all the issues you stated here as a major problem because we didn't know what other alternative like Bitcoin or cryptocurrencies would have brought but thanks to Satoshi, we can now see and understand a different financial free world. Without these new innovations, we wouldn't have known what life will be with them bcos we don't know them and there are many more to come in the future and this same question will be asked again.