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Topic: Bitcoin is a new phenomenal innovation (Read 3192 times)

newbie
Activity: 22
Merit: 0
November 21, 2018, 09:44:59 AM
The idea of creating a single digital currency seems to me to be truly brilliant. When I think how much it will transform the world and make our daily money transactions more convenient, I just admire the creators. This is truly a 21st century phenomenon
copper member
Activity: 95
Merit: 0
November 21, 2018, 01:30:37 AM
Yes it is. Because even a simpliest person can earn on it depend hos they do it. Youre earning without problem of being cutted by tax because bitcoin doesnt hold by government.
newbie
Activity: 36
Merit: 0
November 20, 2018, 09:42:08 PM
The bitcoin and blockchain technology is undoubtedly a great innovation and is changing the world.
sr. member
Activity: 826
Merit: 265
November 21, 2018, 09:53:28 AM
Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
Innovative is not just for changing whats the old school is,instead this will only help others for comfortable usage of such inventions,
Just like cars not because theres a battery operated one now,meanig  that gasoline functioning cars will be gone because for sure people will differentiate the two

This is same as fiat and cryptocurrency,they will stay together just because they need each other to help one another
full member
Activity: 208
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 21, 2018, 09:31:24 AM
Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

I will not disagree with this duw to the fact that Bitcoin is very well known nowadays and it happens to be because it was a very helpful one and very influential especially for the mass people, and it actually because of the fact that it help us to have profit for ourselves and for our families more than what government can provide us through making innovative jobs, with high salary to offer,and people start to recognized Bitcoin because it was very convenient and accessible
newbie
Activity: 56
Merit: 0
November 21, 2018, 08:02:32 AM
yes of course, bitcoin creates the phenomenal environment in the world ecosystem and many people are gained much profit from bitcoin.
newbie
Activity: 84
Merit: 0
November 20, 2018, 09:31:36 PM
Undoubtedly bitcoin is a phenomenon that shocked the world because of its popularity that makes it one of kind invention that many participated and adopted with. As the time being, bitcoin is still rocking the boat of crypto currency and going strong despite the bear market it experienced. As the year coming to end, almost 2 months to spare, bitcoin will surely be top news and always on trend this coming new year.
This phenomenon comes from bitcoin because it managed to break the deadlock of transactions that have always been controlled by banks, ranging from transfers, credit to international trade. Bitcoin does not require banking services because transactions are peer to peer where the bitcoin sender can easily transfer from his wallet to the recipient's wallet, and it is very fast and very cheap. Because the process happens on the internet, so nobody knows.
full member
Activity: 504
Merit: 118
Liberated Forever. Domesticated Never.
October 25, 2018, 12:16:13 PM
Without a doubt, Bitcoin is a new phenomenal innovation that came into existence not very long ago. It enabled a new kind of asset class for the first time in history, where people could gain control over their own funds without the need to depend on a central bank or government. Since Bitcoin has allowed people to regain control over their own lives, it's no wonder why it's the most popular cryptocurrency today.

It's revolutionary technology not only transforms finance, but also every aspects of our lives such as maintaining the authenticity of our financial and personal information, eliminating fraud, counterparty risks, immutable proof of ownership, and more. The many benefits that Bitcoin brings, means that it's better than real cash since it's much more flexible, borderless, and easily divisible to many units. Before the inception of Bitcoin, we were subject to the interests of corrupt banks and governments, but after Bitcoin came to the world, everything changed.

Therefore, Bitcoin is the greatest invention mankind has ever seen as true sovereignty could be achieved over one's funds. Just like Gold, Bitcoin's supply cannot be debased, and it becomes scarcer every day. No one controls it, in the same way no one can shut it down (as it lives in various regions across the world). Cheesy
member
Activity: 392
Merit: 10
October 25, 2018, 02:31:12 AM
Bitcoin is an innovation that is making life easy for everyone by solving the problem of time, money and headache. Banks have been in the business of imposing heavy charges on people while not rendering the best of service. Now, you can sit in your room and do international fund transfer.
sr. member
Activity: 620
Merit: 250
October 24, 2018, 02:47:53 AM
Bitcoin is a new innovation in investment in crypto currencies, and has been known by all levels of the world community. besides its high price, bitcoin is also believed to be a breakthrough in the transaction system which is more practical and highly trusted. but if it is associated with fiat money, of course bitcoin has a quite real difference, where bitcoin does not have a real physical form. Thus, bitcoin is not fiat money and we cannot equate it with fiat money, even though for me bitcoin can be regarded as a new innovation in fiat money.
newbie
Activity: 140
Merit: 0
October 24, 2018, 02:46:37 AM
Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

What Wikipedia has done to encyclopedia, in a same manner crypto currency will do to fiat currency. It will definitely be considered as an innovation for fiat money sooner or later. It has already been accepted by many people. It just needs some more time for acceptance.
newbie
Activity: 8
Merit: 0
October 24, 2018, 02:37:57 AM
Cryptographic topics always attract many people, Bitcoin is a type of cryptographic money used for Internet transactions. Over the past 20 years, the economy has slowly shifted from the traditional model of e-commerce of the centralized organization to new model of increasingly decentralized organizations. Now, major operators are responsible for pooling their resources to provide consumers with a more positive way of using Blockchain technology. .Bitcoin is one of the digital technologies that have a profound effect on how individuals and organizations work and collaborate.
full member
Activity: 476
Merit: 100
October 24, 2018, 02:29:19 AM
The innovation brought by blockchain to the financial world could not be over emphasize, it  is there for the whole world to see and confirm that blockchain is one of the awesome invention of the century. Can we look at the reduction or complete elimination of fraud in a system that blockchain is employed, or can you check the cost saving of blockchain technology where a third party is eliminated during P2P transactions. We can also count on time saving because of the supersonic speed used to concludes transactions compare to the conventional methods.
full member
Activity: 518
Merit: 100
October 24, 2018, 02:03:18 AM
Bitcoin is now a phenomenal  innovation, its now getting more popular in different places. And even for those who are against  it they are also helps to the  popularity of it. Todays generation are more on gadgets, high technology thats why bitcoin called phenomenal innovation because it was operated by the use of internet.
hero member
Activity: 1092
Merit: 500
October 23, 2018, 09:24:27 AM
Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

I do agreed that bitcoin is a phenomenal innovation. Because of the technology that has been scattered in the whole world, most of the people who engaged themselves in this business industry many changed their lives because of bitcoin and digital currency as well. Together with myself bitcoin was change my life, Because I saw that it has potential to change everything especially in terms of financial crisis which is bitcoin can resolve it.
member
Activity: 336
Merit: 10
October 23, 2018, 09:01:32 AM
Yes, bitcoin is the new phenomenal innovation by our very own Mr. Satoshi Nagamoto. It is the latest trend now may it be as a mode of payment and the new digital currency which helps ease the lives of many people as well as letting us earn.
full member
Activity: 462
Merit: 100
October 23, 2018, 08:54:18 AM
I also think that bitcoin and cryptocurrency is a breakthrough of the 21st century and I consider it the most valuable technology for the entire existence of mankind

When Internet appeared I though that nothing cooler could be invented. When Bitcoin was born, I did not even guess that it's a revolutionary currency that can change our lives.
full member
Activity: 448
Merit: 100
October 23, 2018, 02:45:54 AM
And sometimes when is too phenomenal, most people can't accept it easily just like when internet back then is created. Everything is going digital so are as money so there's no one powerful in this world that can't stop it recaching mass adoption stage.
member
Activity: 262
Merit: 10
October 23, 2018, 02:40:51 AM
innovation and efficiency are things that are always desired by society, bitcoin in the digital economy era has been able to do that, even some banks are developing in each country, secretly imitating and practicing great things done by bitcoin.
 I think bitcoin will excel as a phenomenal transaction and may legalized of some countries, which introducing new methods and development with cryptocurrencies. And I also believe that bitcoin will give opportunity of some people that may lead to invest and resembled to keep for long period of time.
newbie
Activity: 5
Merit: 0
October 23, 2018, 02:23:50 AM
Bitcoin has achieved its initial success when it was backed by a superior technology, but it still struggled to confirm its position and has not been widely accepted. The technology that bitcoin brings a future bright for mankind in all areas.
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