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Topic: Bitcoin is a new phenomenal innovation - page 4. (Read 3192 times)

newbie
Activity: 112
Merit: 0
October 19, 2018, 01:25:42 PM
Surely, it is and really people love this virtual currency.  The future of this digital currency is very bright because it is open and dynamic. Bitcoin provides people ample opportunity to have a new relationship with money. You can send money quickly to any place at any time round the year. Blockchain the backbone of bitcoin is considered by experts as the future technology that will rule the world.
sr. member
Activity: 784
Merit: 314
October 19, 2018, 12:55:05 PM
bitcoin will be the money of the future, with a variety of trips that may take time to understand it. bitcoin will provide solutions to many transaction problems experienced now.
legendary
Activity: 2534
Merit: 1338
October 19, 2018, 11:06:07 AM
It is better to get acquainted with Bitcoin in the early stages of its development, to be among the first to start using it.
Many people are going to regret not investing in bitcoin when they had the chance to do it when it was relatively cheap, like many I would have liked to invest in bitcoin when it was cheaper but I feel fine with the amount of bitcoin I am holding even if it is not a lot of money, because I know that if I can hold my coins for the long term then the benefits that I will get out of bitcoin will be incredible.
newbie
Activity: 31
Merit: 0
October 18, 2018, 03:57:23 AM
Bitcoin is a new phenomenal innovation.  I completely agree with that idea. As you know, it change  the method of payment,in the past every transaction online isn't without third party . Nowadays, there is no third party in transaction through bitcoin.
full member
Activity: 448
Merit: 100
October 18, 2018, 03:49:49 AM
Before the introduction of cryptocurrency, nobody ever thought that international fund transfer could be  this easy and fast because you would have to go through your bank and pass some stages of bureaucracy before your request is treated. So indeed, bitcoin is the innovation of our time.
full member
Activity: 1218
Merit: 105
October 18, 2018, 03:39:12 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.
We assumed bitcoin and other crypto currency to be an innovation in the market system of the world but we can't disregard those people who still don't understand what bitcoin is, so that we can say that it is truly made for a successful innovation but rather others has a close minds that are not accepting too good ideas     
It is normal for a lot of people to dislike or disagree with this kind of innovation in our monetary and payment system called Bitcoin because we can't please anyone to believe or agree on what we believe. To be honest it is really hard for some persons to understand what crypto currency is for. Because not every people on this planet are technologically literate and to understand things such as crypto currency will be too complicated for them and there are also people with a huge amount of knowledge when it comes to technology but also doesn't like crypto currencies because of their ideologies and beliefs. Cool
full member
Activity: 431
Merit: 100
October 18, 2018, 03:02:28 AM
I don't think bitcoin stands in the same point as fiat money, but it certainly is new innovations in term of finance. We should differ between exist and non-exist money, I mean physically visible. That said, bitcoin stands as decentralized authority transaction system. So this means they are two different things, but they can complete each other in some ways.
newbie
Activity: 3
Merit: 0
October 18, 2018, 02:46:44 AM
Bitcoin is a big step forward in the world. This is considered one of the technologies of the society in the future, especially when the Internet and 4.0 technology is growing. It is especially influential, perhaps very economically. The blockchain is opening up a new era of development in the areas of the economy such as finance, banking, retail, manufacturing, etc.
newbie
Activity: 86
Merit: 0
October 18, 2018, 02:38:07 AM
I don't consider Bitcoin as the innovation for fiat money because it’s innovation for the entire sector of finances. Cryptocurrencies and fiats co-exist competing with each other. But Bitcoin is going to do more, for instance, replace traditional money transfers and processing systems to become the only global currency.
full member
Activity: 700
Merit: 102
October 17, 2018, 09:23:01 AM
Bitcoin has made people drowsy in the past few years despite the fact that its value is declining, the development of this bitcoin also makes people admire

we can see that the development of bitcoin is always increasing, even though prices in the market are experiencing a decline. so this is the specialty of bitcoin. even though the price decreases but interested people increase.
member
Activity: 134
Merit: 10
October 14, 2018, 11:44:10 AM
I think the future of bitcoin might replace fiat money, now bitcoin has been used in various parts of the world and blockchain technology has been recognized ... then bitcoin in the future will be the number 1 currency
jr. member
Activity: 412
Merit: 3
October 14, 2018, 10:47:59 AM
Bitcoin has made people drowsy in the past few years despite the fact that its value is declining, the development of this bitcoin also makes people admire
full member
Activity: 552
Merit: 102
October 14, 2018, 10:06:34 AM
The way bitcoin is spreading the world we can easily say bitcoin is a phenomenal innovation but its not new. We are here for long days and also with btc. So that we are just close the up of it. However the world is moving fast on digital technologies so that the paper money is become losing itss vaalue against btc and so.Btc has lots of advantages that can make assure it is a great iinnovation.
full member
Activity: 1582
Merit: 101
October 14, 2018, 09:55:53 AM
Obviously, BTC is a new phenomenal innovation in modern technology. All are surprised with this digital technology that ever been before. Now people are too much busy and all are waiting for such a technology and currency that their work will be more easier and they can do their work form any where any time. BTC has make it so easier and people are more satisfied about it though everybody not accepting it. I think slowly all will accept it.
member
Activity: 256
Merit: 36
October 14, 2018, 09:52:47 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.
We assumed bitcoin and other crypto currency to be an innovation in the market system of the world but we can't disregard those people who still don't understand what bitcoin is, so that we can say that it is truly made for a successful innovation but rather others has a close minds that are not accepting too good ideas     
full member
Activity: 336
Merit: 100
October 14, 2018, 09:40:27 AM
Yes, this is an innovation in payment method. I believe that Bitcoin will do well in its roles as well as its advantages in the future. It will improve the speed of payment and bring safety to users.
full member
Activity: 308
Merit: 100
October 14, 2018, 09:27:09 AM
Bitcoin is a new phenomenal innovation in our time because bitcoin revolutionizes our financial system, we can now be able to transmit large sum of money to any place in the world with greater anonymity without the prying eyes of the government authority.
full member
Activity: 756
Merit: 100
October 14, 2018, 08:35:37 AM
I am sure that in this century Bitcoin will become the most basic financial system on which the entire world financial pyramid will be built. Blockchain as a technology is an amazing invention that allows to solve thousands of problems in all sectors of the economy.
Bitcoin will surely change the world drastically, and these will be only the good changes. I am sure that before 2025, most people will understand that they need BTC.
copper member
Activity: 42
Merit: 2
October 13, 2018, 12:20:54 PM
Yes, Bitcoin is a new phenomenal innovation,because it helps a person reach its goal. It has created a lot of new jobs.Those who have been wasting their time unnecessarily online,they are now able to utilize their time. This technology has become very popular worldwide.Those who are involved with it are happy that they are fast developing economically.
newbie
Activity: 106
Merit: 0
October 13, 2018, 08:43:08 AM
The potential use of cryptocurrency or cryptocurrency in the form of bitcoin with blockchain technology in the world today is considered quite large. Some sectors are also said to be able to become the investment land.
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