Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Master107 on January 12, 2019, 05:32:50 PM
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Bitcoin supply just 21 million.
The world population just 7.7 billion. :) :)
Cryptocurrencies driving the world into a better and convenient ways that could change the entire culture of payments and whatever sectors with accordance to business area.
What do see the future of humanity with 21 million of bitcoin?
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I can see a future where Cryptocurrency is the way of payment with Bitcoin as the main currency but I highly doubt that Bitcoin will be the only currency available if fiat currency became absolute I am sure Altcoins will not, 7.7 billion vs 21 million will not be the case because while population is increasing every minute Bitcoin has a fixed amount so when the time comes for Bitcoin to be the main currency the world population will probably exceed 10billions, so I doubt that the whole population will depend on just one coin. As we have right now Dollar is the world main currency but still, every county is depending on its own currency.
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What humans do is smart now.
How they have a vision and mission to see valuable opportunities for this solution.
Yes, right .
Created altcoins to have choices other than Bitcoin.
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Bitcoin supply just 21 million.
The world population just 7.7 billion. :) :)
Cryptocurrencies driving the world into a better and convenient ways that could change the entire culture of payments and whatever sectors with accordance to business area.
What do see the future of humanity with 21 million of bitcoin?
Each coin is dividable to Satoshi where 1 BTC equals to 100,000,000 Satoshi. Do the math, 21 million times 100 million, and I don't think that there will be a problem with the world's population. It will take many years, for the whole population, to know about Bitcoin. To use it, it will take more. So this is a theoretical question, and we should not let ourselves get confused.
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that's why the popularity of bitcoin makes them fight over each other and always change the way they think to get what they want, because bitcoin is very limited
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of course the winner will be the total coin which is limited to only 21 million coins is the winner. bitcoin should be expensive.
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Maybe the existing supply on Bitcoin is only 21 million does not match the world population, but there are still alternatives such as Ethereum, Ripple, XRP or others as a transaction tool too, indeed transactions using cryptocurrency make it easier for the world community to transact.
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It all remains a big question what will happen next, but it seems to me that a limited amount of Bitcoin is a big plus, which will allow it to become a calculation tool!
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What humans do is smart now.
How they have a vision and mission to see valuable opportunities for this solution.
Yes, right .
Created altcoins to have choices other than Bitcoin.
The purpose of altcoins creation was/is to help the people not to make bitcoin investment as burdensome.
Whoever couldn't afford bitcoin can invest in altcoins because it is more cheaper. The progress of the market is really impressive and I can say SUCCESS as what we can observe forks are everywhere in order to specify the purpose.
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What humans do is smart now.
How they have a vision and mission to see valuable opportunities for this solution.
Yes, right .
Created altcoins to have choices other than Bitcoin.
The purpose of altcoins creation was/is to help the people not to make bitcoin investment as burdensome.
Whoever couldn't afford bitcoin can invest in altcoins because it is more cheaper. The progress of the market is really impressive and I can say SUCCESS as what we can observe forks are everywhere in order to specify the purpose.
It will always be possible to invest in bitcoin, given that each bitcoin contains one hundred million satoshis. So there are actually more than one hundred million times more bitcoin particles that can be bought than it is commonly said, indicating that there are only 21 million bitcoins. After all, many cryptocurrencies do not have an internal division into smaller values.
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There are 21 million Bitcoins and 7.7 people all over the world. Here is my question that will it be possible to get bitcoin for all the people in the world? The answer is "no". So ultimately i can say that bitcoins demand form the very begging of it's birth.