Brief Background

Bitcoin is a digital currency, which means that it is backed by no central bank or government. Bitcoins are created through a process called mining, in which computers solve complex equations to verify transactions. The first miner to solve the equation successfully gets rewarded with 25 6.25 bitcoins.

The difficulty of solving the equations increases over time, so it takes more time for each computer to find solutions and verify transactions. As more people join the Bitcoin network, it becomes harder for each computer to be successful at finding solutions and verifying transactions. This causes the average time it takes to solve an equation to increase from 25 seconds in 2009 (when the first Bitcoin was created) to 10 minutes today.

The impact of bitcoin on world population, what happens when the population rate increase?

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The rate of increase in the world's population is a topic of great concern. The United Nations has forecast that there will be 9 billion people on Earth by 2050, and some experts believe that the rate of increase could be even higher than that.

If the world population increases, it will have a significant impact on bitcoin. The more people there are, the more money is going to be spent on things like food, water and electricity. This will lead to increased demand for bitcoin as a currency.

The reason for this is that when there are more people in the world, there will be more transactions taking place. This means that there will be more money being spent on goods and services than there was before.

Bitcoin is great because it allows people to make transactions without having to rely on banks or governments. When you use bitcoin instead of traditional currencies like the dollar or pound sterling, you can send money anywhere in the world instantly and cheaply without needing an expensive bank account or visa card.

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when the human population on this earth increases, the main problem is shelter and basic food,
and Bitcoin may not be the main problem in human life, but maybe the adoption of Bitcoin will continue to increase, it must be because it is getting easier to use Bitcoin to make transactions, because we cannot avoid technological advances will change a lot of people to use digital money, especially Bitcoin

Future is unpredictable. While we are considering hypothetical case here we must consider the alarming factors that will follow the increased population. With every person breathing air on the earth, we are unfortunately cutting down lot of trees, oceans are getting flooded with non degradable wastage, ultimately affecting the sea life and thus breaking down the cycle of prospering nature.

9 billion peeps! It’s already hot in here while we produce energy for current number of population. Just imagine what would happen by the time we reach this population?

Bitcoin would be just another asset like gold, silver and valuable coin based on its energy consumption and demand. It could be possible that energy costs become so high by 2050, miners may not achieve that much profitability to set up huge farming facilities.

Could be hundreds of reasons that will finish it up. However, one thing is sure; increased population does not seem to be productive factor for earth, it’s more or less destructive to it.

You're wrong, bitcoin mining is environmentally friendly and no dispute about that, can you make it mining compare the natural resources such as crude oil and gold mining thesame with bitcoin? Moreso, the energy required for bitcoin mining has nothing to stand with the global energy waste due to inefficiency, if you have a doubt about that, i indulge you to read this thread althrough Debunking the "Bitcoin is an environmental disaster" argument and in more cases now, bitcoin uses part of these waste energies is performing it mining activities and also expanding the use of renewable energy for it mining.

Debunking the "Bitcoin is an environmental disaster" argument and in more cases now, bitcoin uses part of these waste energies is performing it mining activities and also expanding the use of renewable energy for it mining.

  the mining problem- which is not environmentally friendly

Rise in population has nothing to do with Bitcoin. What we can say is that the rise in population according to world statistics would be of good benefits because if one single individual holds Bitcoin, it would definitely create more value to Bitcoin there by pushing for more demand as the it is limited in supply.

Rise in population has nothing to do with Bitcoin.

What we can say is that the rise in population according to world statistics would be of good benefits because if one single individual holds Bitcoin, it would definitely create more value to Bitcoin there by pushing for more demand as the it is limited in supply.