Kakashi2020 Posted July 27, 2018 Share Posted July 27, 2018 (edited) Would there be any difference if Bitcoin did not exist? What if cryptocurrencies wasn't invented would there be any effect in the world's economy? Edited July 27, 2018 by Kakashi2020 Quote Link to comment https://slingbank.com/forums/topic/1319-do-we-really-need-bitcoin/ Share on other sites More sharing options...
cks003 Posted November 4, 2018 Share Posted November 4, 2018 In the era of internet, we could send pictures, images, texts etc to other person on the other end. The advent of blockchain enables people to send value, such as money, private information, etc with peace of mind that the recipient is the right person. In the era of blockchain technology, the name, background etc of the recipient are fixed and readily verified by nodes in the network. This has spawned ideas about the applications in finance, governance, product chain management, stock trading etc. The application is endless and the benefits are beyond imagination. Therefore, it the technology is widely used, it will create tremendous benefits to the economy. Quote Link to comment https://slingbank.com/forums/topic/1319-do-we-really-need-bitcoin/#findComment-2367 Share on other sites More sharing options...
Martinsx Posted November 4, 2018 Share Posted November 4, 2018 Bitcoin have opened the eyes of the world to the possibilities it brings to market. If the cryptocurrency wasn't launched in 2009, I'm sure that another which would be even better be invented. Quote Link to comment https://slingbank.com/forums/topic/1319-do-we-really-need-bitcoin/#findComment-2400 Share on other sites More sharing options...
menchuuy58 Posted November 4, 2018 Share Posted November 4, 2018 On 7/27/2018 at 4:16 PM, Kakashi2020 said: Would there be any difference if Bitcoin did not exist? What if cryptocurrencies wasn't invented would there be any effect in the world's economy? I think there would be no difference. It is still the same. The rich has become more powerful. Quote Link to comment https://slingbank.com/forums/topic/1319-do-we-really-need-bitcoin/#findComment-2405 Share on other sites More sharing options...
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