Bitcoin is the New Economy, we are only at the very beginning

rickyNmorty

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Quote from: Qartersa on September 29, 2017, 02:36:08 PM

I don't think bitcoins are an economy by itself. If you say economy it is something that is produced and consumed by the people.
In bitcoins there is only a medium of exchange, nothing else. There is no economy to speak of here. The only thing bitcoins would
be in an economy is a way to pay for stuff, but it can't produce stuff, nothing goes around.

It maybe a factor im which bitcoin is not considered as economy. But as stated, it is just a beginning therefore that is why it is like this. But theres a point, maybe we can say that bitcoin is a part of economy and therefore it helps the economy to rise. Bitcoin does not need to change everything, it maybe a tool to improve things. But who knows? Bitcoin has unexpected things that may happen.

embargo

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The transition to a new world order and a digital currency is predetermined and not avoidable. But only to whom will the dividend system really bring such a system? Total control in a digital society is inevitable. Behind the announced decentralization, there is a total control of everyone and everything.

noormcs5

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Leading Crypto Sports Betting & Casino Platform

Quote from: mr.nby on August 01, 2018, 05:42:19 AM

Quote from: mokamoka on July 25, 2018, 12:48:57 AM

I agree, Bitcoin is the new economy and the future developing trend. Currently, we are all in the early stage and have a long way to go.

Bitcoin is not a new economy. It can be treated as one of the factors influencing and changing economics. Actually, it is a payment system that does not create new goods and applies only to financial services. Blockchain probably has more opportunities to influence various branches of the economy.

Even though bitcoin has been around for 8 to 9 years yet is has only become more popular in the last 2 years. Also currently bitcoin is not used as a payment method at most of the places and people are using it like an Assets. Keeping these facts in view , we can say bitcoin journey is only in its early days and there are still a long way for Bitcoin to become the major currency of the world.

cryptocurrencyguru

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Bitcoin is definitely a new era in the form of payments and transactions that too decentralised economy and banking we can see lot of changes in banking with the help of blockchain

pedangrusak

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crypto is still newbie to the community and all fields that it is ready to enter. need comprehensive education about the importance of crypto which later on after understanding the community will use it to facilitate all the work they do

lenini

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Bitcoin is a real phenomenon, a new economy. It really will change the economic picture of the world. This will change the paradigm of financial markets, completely decentralizing them in the future, that is, eliminating the institution of financial intermediation.

Altf4

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We are still on the process of promoting bitcoin and cryptocurrency all over the world so that cryptos will be the next big thing in the new era of cashless society where in the holders bring with him his account and private key, so we are in the begginning of this cryptoworld ,in next era We hope that cryptocurrency will be recognized as the new currency.

TheClownSong

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Bitcoin is revolutionary system to change our current economic system. Our economic system always fall and creating crisis and thats why bitcoin created on decentralized system. Bitcoin at early ages and its need time for growing and i am believe bitcoin system will adopted by government even looks impossible

lavara

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Even if the bitcoin rate will be without big leaps up and down - this is an excellent modern invention of payments and transfer of funds. This is undoubted plus-the desire to earn it is already another aspect of bitcoin. Of course, it has become firmly established in history and will be used by a growing number of people. Most likely it will grow-as it becomes harder to get it and the amount for mining decreases every year.

Bitfling

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I am agree with statement that cryptomarket is at early stage. Cryptomarket is market with 9 years old and not many peoples knowing about this market. I am believe many opportunity we can reach on this market and many project with lower price

KS03

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Hi I'm KS03

I am in agreement that this is the earliest stages. I think people are getting up in arms about the prices for no reason right now. If we all remain patient things will work themselves out soon enough. Once the big boys give the signal its off to the races.

usorin

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It is true, we are at the beginning of this beautiful trip. I am curious what we will find at the middle of this adventure in the blockchain ecosystem.

thresher

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Quote from: Gabali126 on August 01, 2018, 06:05:42 AM

I can't help it but to simply agree with the author. The world has not really seen Bitcoin yet. Everything is just starting. Let everyone watch out and see what happens in 10 years time and beyond. Bitcoin will be very great. Real great.

Bitcoin is in its early stage and we have to accept the fact. In fact still majority of people still do not know anything about bitcoin, but now I think that bitcoin is becoming popular because of social media and other advertising agencies, and therefore I am hopeful that very soon bitcoin will be a global currency.

Boris_sahnevich

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I think that crypto-currencies can become a global payment system. However, if this happens, then a lot of time will pass. But if you take into account how quickly bitcoin and crypto currency is spread, then maybe we will not wait long.

tanzaholzmann

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Quote from: cindygirl on January 13, 2018, 05:13:31 PM

Quote from: Qartersa on September 29, 2017, 02:36:08 PM

I don't think bitcoins are an economy by itself. If you say economy it is something that is produced and consumed by the people.
In bitcoins there is only a medium of exchange, nothing else. There is no economy to speak of here. The only thing bitcoins would
be in an economy is a way to pay for stuff, but it can't produce stuff, nothing goes around.

Yep, bitcoin isn't even close to being an economy, it's not even really a currency yet. As you mentioned bitcoin can be used as a medium for exchange and that's really all right now. Cryptocurrency as a whole can not even be considered an economy, an ecosystem perhaps but not an economy.

but, I think, bitcoin altcoin and other cryptocurrency can be an alternative, if it is needed in the future

dobladonadouble

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Quote from: Qartersa on September 29, 2017, 02:36:08 PM

I don't think bitcoins are an economy by itself. If you say economy it is something that is produced and consumed by the people.
In bitcoins there is only a medium of exchange, nothing else. There is no economy to speak of here. The only thing bitcoins would
be in an economy is a way to pay for stuff, but it can't produce stuff, nothing goes around.

You're quite right, I guess. Bitcoin, as of the moment, can be simply put as a part of the economy, not the economy itself. It's all about transactions, exchange of money and value of bitcoin. But on the other hand, bitcoin can really make a lot of impact if it is considered legally by the public and government as associate or part of ones country's economy.

usorin

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Quote from: Qartersa on September 29, 2017, 02:36:08 PM

I don't think bitcoins are an economy by itself. If you say economy it is something that is produced and consumed by the people.
In bitcoins there is only a medium of exchange, nothing else. There is no economy to speak of here. The only thing bitcoins would
be in an economy is a way to pay for stuff, but it can't produce stuff, nothing goes around.

It is a medium of exchange but it is also an economy for the simple fact that you can benefit from different services and you can pay with Bitcoin.

rickadone

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Lets hold our horses for now. Yes bitcoin is going to be very big compared to what it is right now.
Yes, bitcoin will be big enough that you will have 10$ bitcoin cards at around your corner stores that everyone can get just like some apple itunes card or playstation psn cards which will make it a lot bigger and a lot down to regular people.

Moreover, calling bitcoin the new economy is a bit a too stretch and we need to make sure we are not going ahead of ourselves. New economy suggests that bitcoin will be a global currency that everyone uses just like euro for European countries but bitcoin for every country, which will not happen, not a chance.

btc78

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Eloncoin.org - Mars, here we come!

Bitcoin is not economy itself,but it was a big help for the economy as this is a technology,or advance technology that can make a breakthrough through all virtual currency and profiteering

Quote from: gosha18 on July 27, 2018, 05:35:07 AM

I do not understand why the government does not want to take bitcoins. People will start to earn more, the economy will start to grow, which means that they will pay more taxes.

Because governments has their own opinions and concerns,this is enough reason why some of them wasnt agreed on the capabilities of this said coin

Gabali126

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I can't help it but to simply agree with the author. The world has not really seen Bitcoin yet. Everything is just starting. Let everyone watch out and see what happens in 10 years time and beyond. Bitcoin will be very great. Real great.

Topic: Bitcoin is the New Economy, we are only at the very beginning (Read 766 times)