Are you sure crypto is the future currency? - page 6.

XCANA

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Quote from: mr.smith on September 05, 2020, 10:35:44 AM

Quote from: Dollar_Hunter on September 05, 2020, 09:31:53 AM

not all cryptocurrencies will become future money, maybe only some of them will be used,
and others will become assets, currently only Bitcoin and Ethereum have becomepayment on some sites.

So far we are doing great eliminating the bad actors of this industry but unfortunately, investors are losing money because of this scam projects, cryptocurrency is the future I am 100% sure of that, and I agree not all of them I consider coins that are in the top 20 are worth investing others are just fake projects or copies of already existing ones.

More reasons why many investor should always ensure he or she verify a cryptocurrency project before making an investment, things can be seen good when looking at the wrong side of a project but looking generally can be a safe zones. There are coins without case use and those types might not be future coins because they lack case use merit. There are also tons of projects that are copy cats which can't amount to future coins IMO.

cute nmp

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Crytocurrency can be the future but it will take alot of time.Many people around the world are into cryto unlike before but the problem is that most countries are yet to legalize crytocurrency upto now because of some reasons like scams and so on . Countries are careful about it so that people will not lose their funds.So it's gonna take alot of time for it to be used and accepted all around the world.

ubay

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Of course I am very sure, bitcoin has been accepted on many payment platforms, we are just waiting for the time for all aspects to accept bitcoin, and altcoins like LTC ETH XLM are also starting to be accepted. Hopefully 10 years will be much better than now.

matchi2011

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Quote from: ampu on September 05, 2020, 12:33:32 PM

Seeing a pandemic strike and an economic slowdown in Venezuela I can trust cryptocurrencies to be the currency of the future. Because of the decentralization and exchange value in any country, the cryptocurrency is doing its job well. Governments will have to issue their cryptocurrency in the future, but it will no longer be as transparent and decentralized as it is today. It will be blockchain technology but a centralized chain because the government doesn't want people to know how much money the country has printed in and they will control the users. Although the chain of concentration is limited, it will reduce the burden on the bank and effectively combat fraud.

It's blockchain powered but yes that's what will happen, government may adopt the system but the higher chance of being
centralized.
With how the pandemic affects the economy and the ways how people seen this venue not just an investment platform but
the also the usages that as well,.

AIF

newbie

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Yes, I am sure it is inevitable whether you want to or not, the movement in this direction can no longer be stopped. Gradually, on a par with national currencies, all powers will adopt a decentralized one, into which national currencies will gradually be poured as into US securities.

ampu

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Seeing a pandemic strike and an economic slowdown in Venezuela I can trust cryptocurrencies to be the currency of the future. Because of the decentralization and exchange value in any country, the cryptocurrency is doing its job well. Governments will have to issue their cryptocurrency in the future, but it will no longer be as transparent and decentralized as it is today. It will be blockchain technology but a centralized chain because the government doesn't want people to know how much money the country has printed in and they will control the users. Although the chain of concentration is limited, it will reduce the burden on the bank and effectively combat fraud.

lumeire

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Quote from: swordking on September 05, 2020, 09:42:44 AM

Many countries are supporting the cryptocurrencies but still, there are many countries that haven't have an interest in cryptos and want to oppose it. But according to the time countries like this would also start adopting it to seeing promising opportunities for the propel of the country.

With number of people loosing their jobs due to Covid, the countries should consider making cryptocurrencies legal in their countries as this will promote the entrepreneurs to start more companies and thus creating more jobs for the people of the country and then the economy can start to rise again. But the governments are trying to put this problem on others especially China for Covid situation which it actually is. If the countries start making cryptocurrencies legal then yes they have a huge potential to become the future of money and can also evolve the payment systems as we know.

tsaroz

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Quote from: crypto01721 on January 18, 2020, 12:56:56 PM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

It may be called something else and it might be something that don't still exist but the future is certainly of blockchain based currency. Not only are they trustable, they are more transparent and efficient to circulate and maintain. Many nations have already jumped into blockchain based currency for both digitization of fiat and introduction of entirely new finance system.

Jeger.Kiting

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Until now, I have not seen a ban on digital currency in all countries, only some troll news that makes everyone panic, actually digital currency has been prepared for many years and several large countries have also helped the growth of digital currency or which is said to be Crypto / Cryptocurrency, because if we use paper money we will always destroy nature and the world's ecosystem will be destroyed, that's why many countries support the growth of digital currencies, because they don't destroy the world's Eocosystems, they will even save natural resources, if there is a ban or news about the prohibition of the existence of digital currency by the government, possibly it is Troll news to make everyone panic ..

mr.smith

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Quote from: Dollar_Hunter on September 05, 2020, 09:31:53 AM

not all cryptocurrencies will become future money, maybe only some of them will be used,
and others will become assets, currently only Bitcoin and Ethereum have becomepayment on some sites.

So far we are doing great eliminating the bad actors of this industry but unfortunately, investors are losing money because of this scam projects, cryptocurrency is the future I am 100% sure of that, and I agree not all of them I consider coins that are in the top 20 are worth investing others are just fake projects or copies of already existing ones.

Mauser

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Crypto currencies are the future there is no way around it, even if some governments ban a particular crypto currency, there will be others taking it's place. A currency is based on trus, which in the past came from the governments guaranteeing it. This trust will be challenged in the future. As in almost all countries the debt levels are rising we will see people switching more and more into cryptos. The world is evolving and becoming more connected thanks to the internet. Personally I view cryptos as the currency of the internet. Eventually everyone will have access to the internet and then we will see everyone accepting crypto currencies.

sulendra12

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Quote from: swordking on September 05, 2020, 09:42:44 AM

Many countries are supporting the cryptocurrencies but still, there are many countries that haven't have an interest in cryptos and want to oppose it. But according to the time countries like this would also start adopting it to seeing promising opportunities for the propel of the country.

There is a possibility that those countries whose banned or restrict cryptocurrencies would change their mind and start to using cryptocurrencies on different stuff like what China actually does. Otherwise, it's really difficult to actually implement the cryptocurrencies for the future currency especially for global. I'm pretty sure, it's okay to actually not adopt it on all countries. As long as the majority of countries are okay with cryptos, it wouldn't be so much hassle to actually become the currency.

swordking

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swordking

Many countries are supporting the cryptocurrencies but still, there are many countries that haven't have an interest in cryptos and want to oppose it. But according to the time countries like this would also start adopting it to seeing promising opportunities for the propel of the country.

TWW

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Quote from: Nhor1011 on September 05, 2020, 09:27:38 AM

For me,I think it is a long matter for crypto to be a future currency because government and other people still don't want it and don't want to accept it. Also it's difficult for the old people and those who live in a remote area to use, so it needs time to teach them and convince them to use it like a fiat money.

to be used as a legal transaction tool I think it will be difficult. but to become a transaction tool that is agreed upon by many people I think in the future we can already see it. blockchain and cryptocurrency are future transaction tools for technology solutions. we will look at it in the future.

Dollar_Hunter

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not all cryptocurrencies will become future money, maybe only some of them will be used,
and others will become assets, currently only Bitcoin and Ethereum have becomepayment on some sites.

Nhor1011

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Activity: 994

Merit: 11

Daxetoken.net

Quote from: crypto01721 on January 18, 2020, 12:56:56 PM

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.

For me,I think it is a long matter for crypto to be a future currency because government and other people still don't want it and don't want to accept it. Also it's difficult for the old people and those who live in a remote area to use, so it needs time to teach them and convince them to use it like a fiat money.

404edson

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Activity: 308

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There was a big potential that cryptocurrency will play big role of the world's innovation in the near future. The system are already in their, what is lack is the fully cooperation of every nation to survive and unite the separated beliefs. Like for example a national security and many other things. But if this all happen then it will be more easier for us to do something beyond the limit.

saint_casanova

member

Activity: 234

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Crypto but just a few of them will be used in the future as payments. Look at Bitcoin, even it has a very good price but it can't become something ease to use. The only crypto with fast transactions, low fees will have the future.

fvb

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The future of cryptocurrency is undeniable and we'll see it soon. The number of regular users is growing day by day. But there is still a long way to go to completely replace traditional money.

Denongels

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Quote from: WannaCry on August 02, 2020, 10:08:01 AM

yes, many countries now are creating their own digital coin. its not a surprise when we reached the year 2025 we are cashless already.its better rather than paper money

In my opinion Digital Coin is good to be used as a fiat currency, because with cryptocurrency I think the circulation can be controlled with smartcontract, only the hardest thing is how to teach people to want to use Digital Coin, in China there is e-RMB only I doubt if many of their residents want to use this digital money.

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