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Topic: Bitcoin as money - page 3. (Read 1140 times)

member
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BIG AIRDROP: t.me/otppaychat
April 02, 2018, 08:06:09 PM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
well for me, i think that bitcoin is good for our future, but i think it is not good for all, how can beggars know it? only rich people can afford or know it? but bitcoin is a digital currency, many of us can't do or can't do in the flaw of a bitcoin.
newbie
Activity: 102
Merit: 0
April 02, 2018, 07:55:30 PM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?


Yes but it would only work if the devs get rid of the annoying fee and solve the long tx time. I see everyone in the world using it right now if that happens.
member
Activity: 596
Merit: 10
March 27, 2018, 02:07:11 PM
I am sure that the time will come and we will use bitcoin as a full-fledged currency. It will be in the order of things to come to the store and buy bread for bitcoin. It's only a matter of time.
jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
March 27, 2018, 10:37:24 AM
yeah it could be possible but as we all know that bitcoin is decentralized digital currency so meaning to for now it could not be used as stated above in the statetment. Thus, this kind of digital currency is only for an investment for now and also it could be a form of an asset where you could earn to it. The possible earning you will get will be more or less equivalent to the salary of your job depending on your money invested to it. This is the good thing about btc for now. Invest earn and enjoy life at your own will and convenience. Btc is one of a kind investment.
member
Activity: 420
Merit: 14
MMOCoin-For-Gamers-&-Traders
March 27, 2018, 10:33:46 AM
Bitcoin is a digital currency, the aim of bitcoin is to build a new type of money without intermediaries and without central control. The state should understand that the current monetary system is obsolete.
sr. member
Activity: 562
Merit: 250
March 27, 2018, 10:30:03 AM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
Some people say that bitcoin will become our future money and I think it is possible because of our advanced technology. Furthermore, if we use bitcoin in our daily life I think it is quite convenient because you can pay your bills and payment in some easy way and I think it is hassle free. Lastly, I think bitcoin will still consider as money in the future yet it will not replace the paper money.
newbie
Activity: 238
Merit: 0
March 27, 2018, 10:25:45 AM
I think it as positively but not in white market but in black market as bitcoin price is too high. People already using it in black market. It only going to used when there price of transaction will be less for that bitcoin price must drop that not going to happen so negative for daily life transaction.
sr. member
Activity: 532
Merit: 284
March 27, 2018, 10:22:06 AM
It is not specifically considered as money, although it can be used to buy items or being exchange to traditional currency (ex. dollars). Even then, it is more like an asset where it has a specific value depending on its amount.

Its more like, back then, where barter system is still being used, where specific items are being exchanged into other things, but it is considered unfair so that why currency was born. So enough with the trivia, what I'm trying to say is that its value may exceed that of a currency or any money, because its an asset not just a currency, take volatility for instance.
full member
Activity: 462
Merit: 102
March 27, 2018, 10:14:50 AM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

I see it as a very positive change for everyone. No more trees to be cut for paper money. No more banks. No more money exchanges. No more middlemen. No more tax. But we still have a long road ahead of us until we finally get a more viable environment for bitcoins to thrive on as a daily driver for common purchases.
member
Activity: 266
Merit: 15
March 27, 2018, 10:08:46 AM
I think everyone who holds bitcoin assets wants this to be a legitimate payment instrument in everyday life, but it is still very difficult as many countries still forbid it. but I am optimistic one day all this will be realized.
Many people turn their property into Bitcoin so that the government can not control them. As more and more people use the anonymity of crypto to hide their assets illegally, many governments forbid it and want to remove it.
newbie
Activity: 84
Merit: 0
March 27, 2018, 09:59:12 AM
small gold coins, because, like the amount of gold, the total number of possible bitcoins is limited, new ones can be created only through mining and at a low speed, and in the foreseeable future the creation of new bitcoins will cease forever
member
Activity: 336
Merit: 10
Harmony for One and All
March 27, 2018, 09:43:43 AM
Yeah a little bit in development maybe sometimes theres a country that provide payment in some vendor machine with it
But if a big company there a few provide a payment with bitcoin. That cashless society near with it
hero member
Activity: 952
Merit: 515
March 27, 2018, 09:37:28 AM
If until bitcoin is made as a means of transactions directly it will lead to positive and negative sides.the first thing for someone when know more about bitcoin will definitely make them easy in doing various buying and selling activities.While for people who are not too familiar will definitely create a burden for them for the future.
That is right, since we don't have the data in our economic system that is why we don't see the movement and the negative impact on it, we are just seeing the positive side that if bitcoin is using in our daily life means more demands meaning the cash that is flowing in the market was decreasing.
jr. member
Activity: 308
Merit: 2
March 27, 2018, 05:25:40 AM
It is possible to buy some different things by bitcoin, but still I would not say it is money, it is something different.
sr. member
Activity: 1638
Merit: 300
March 27, 2018, 05:24:07 AM
I think bitcoin as a future money. To get bitcoin as a money, You have invest a large amount of crypto market between 5-6 months hold it, you will get a huge profit.

You are stating it as an asset, an investment and not a currency. Bitcoin is a digital currency, a volatile currency though it is not really a currency since it has a value but no Government controls them.

Bitcoin will never be a money but it will be a currency that grow its price in a short period of time giving quick profits and losses to its investors. It will just be accepted because it has a value and it's price might increase more.
newbie
Activity: 33
Merit: 0
March 27, 2018, 05:18:31 AM
i imagine it negatively come to think of it, what if all people use bitcoin? no more jobs it means no more production of everything because we all know that bitcoin is easy money, you can earn money without hard work or your unemployed person. people search for jobs because they need money but if bitcoin will be new payment method and replace traditional payment method no people will serve to his country and serve their boss, no one will produce foods and other things need in our daily lives.
newbie
Activity: 84
Merit: 0
March 27, 2018, 05:03:22 AM
Without going into technical details, figuratively the essence of bitcoin is as follows: imagine small gold coins with built-in teleports and a public transaction log.
newbie
Activity: 83
Merit: 0
March 27, 2018, 05:02:51 AM
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

Maybe it would be negative, as not all people can do the transaction especially the less fortunate people. It would be an advantage for those who are capable of using high tech gadgets cause it will be more convenient for them to buy or make any money transaction through digital. However, it will not be reachable for other people and this will make a negative result in the future. Fiat will always be a money form accessible to all, regardless of their stand in life. Bitcoin can only bring us an opportunity of earning big money but will not be an answer as a replacement of fiat money.
jr. member
Activity: 392
Merit: 2
March 27, 2018, 05:02:19 AM
I think bitcoin as a future money. To get bitcoin as a money, You have invest a large amount of crypto market between 5-6 months hold it, you will get a huge profit.
jr. member
Activity: 92
Merit: 1
March 27, 2018, 04:55:32 AM
I think everyone who holds bitcoin assets wants this to be a legitimate payment instrument in everyday life, but it is still very difficult as many countries still forbid it. but I am optimistic one day all this will be realized.
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