What if Bitcoin succeeds ?

in #bitcoin7 years ago (edited)

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Many Bitcoin holders want Bitcoin to succeed but have they imagined a world were Bitcoin is used for basically everything ?

How will the old generation that find it difficult to use new technologies like smartphones cope up?
How will governments collect taxes that are essential for states to survive ?
Will governments still hold power now that they don't control currency ?
Will the world have equal opportunities now that there's no reserve currency and currency manipulations ?
Will the world still need banks ?
Will the world still need the stock markets ?
What happens to gold and silver ?
What happens to people who can't even afford internet ?
Will Bitcoin be used along side fiat currency ?
How will the Bitcoin system avoid criminal dealings ?

Bitcoin adoption and usage leaves very many unanswered questions yet we see that this is internet money that is very hard to control and stop. Have we just opened the pandora's box ?

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