Topic: Bitcoin isn't just an investment, it is the future - page 2. (Read 2297 times)

That's a good way of thinking about Bitcoin, I think it's a lot of thing for the future purpose, If you set a goal regarding this platform then it would be a good one for the future purpose, so at first, you have to set up your mind towards this cryptocurrency world and it might be a great tool te get affluent if you put labor here, I think day by day we are getting techno-based so this platform is the best way to make money and payment system so far. so in the coming future, Bitcoin will get more strong, so it would be a bright future scheme for anyone.

BTC dominance at 68.7%, I agree that bitcoin is the future, however, we have seen that when a large number of users try to send only using bitcoin, the blocks become full and the transaction fees can become over $20 usd. This means that, although bitcoin is the ruler of the price and liquidity, it is undervalued altcoins that will be superior. The only question is which one(s)?

The greatest reward comes from the greatest risk, i.e. unknown low cap altcoins...

That's right, bitcoin will be dominating the financial market in the future, that's kinda obvious though. I mean as we're seeing that bitcoin keeps increasing over the years and now the bitcoin community is really so big and it's getting bigger by time, which means that more people will start using bitcoin in the future and that's gonna influence bitcoin's price to increase much higher and at this point bitcoin will have such a high potential, so by investing now you'll make an amazing profit in the future.

Link: http://infographic.city/timeline-bad-future-predictions/

I dont think bitcoin is the future, but blockchain is.
I have came to several crypto/blockchain event, the main focus for this crypto space is not about the cryptocurrency.
Regulation and blockchain application still become the focus.

However, I would love to be the witness of bitcoin future. Hopefully the good one.
We should ask Michael Phillips (time traveller from 2075) about this. Lol jk.

Come to think of it, I don't really think bitcoin is the future. Blockchain technology is rather the future and cryptocurrency is an aspect of the future but not the main future of the financial ecosystem.  Blockchain technology is the future of the financial ecosystem since it has introduced decentralization to the financial space. Cryptocurrency on the other hand is the element needed for a decentralized financial ecosystem. Bitcoin is just an element of the future but not the future...

Well the reason for this is because bitcoin is way ahead of us. It is a highly advanced piece of technology but we don't have the rightful tools to utilise it in its utmost potential. That's why we're just able to use it as some form of investment. Nevertheless, given the time and patience, bitcoin has the ability to revolutionize currency as we know it. We just need to have faith in bitcoin and continue supporting it so technologies to support it come quicker.

Currently crptocurrency is still in it's adolescence stage of life, it's in the exact same situation the internet was back in the early 90's. I don't see why it's a bad investment who doesn't want to invest in to a chance of owning a small percentage of the crypto market which will be worth millions through mass adoption. Looking at the history of bitcoin and other cryptos and actually understanding the technology it would be completely stupid to not have at least a small percentage of ones portfolio in crypto. I really believe blockchain will be big. This technology is here to stay and there is nothing anyone can do to stop it.

Well said mate, but there's this great limitation that is preventing some big investors from driving in yet, just as we know that if fiat is being managed by financial institutions, the individual's assets can be claimed by the person's next of kin should in case any bad occurrence happens to the person such as death, but unfortunately, the death of a crypto holder is the end of whichever assets he/she is holding in as much as his/her private keys remains unknown to anybody.
I dont know about other world regions but this region of the world that I am, a lot of people have so much concern on what happens to their assets when they die eventually which is part of the reason why they find it difficult to invest heavily on...

Bitcoin lacks the utility. Bitcoin is mainly a decentralized payment system/currency which is transparent as well as anonymous. But we have better crypto alternatives which are scalable as well as faster and cheaper. If we actually are talking about the future, then people would rather consider such crypto instead of Bitcoin for the payment.
Moreover, what I believe is that crypto is indeed the future of payment system but I doubt that would be a decentralized one.

I think Bitcoin is still looked at as an investment. Ultimately, the initial goal was not for Bitcoin to be an investment, but for it to facilitate transactions on a decentralized network - away from government scrutiny and regulation. The foundation of Bitcoin, as well as crypto and blockchain in general, is still quite a radical concept that subverts everything we've known about the financial markets up until the last 10 years or so. Should we then not still think of it in those terms? As something that we can use to subvert the hegemony of the global financial markets, as well as an investment and a mode of exchange. I think even within the cryptospace marketplaces such as Vertex, which are decentralized and P2P, continue to subvert the cryptoasset markets even more, in the best possible way.

Of course bitcoin is now not just for investment as it can be used as an alternative payment. As time goes on, we also see that big companies have embraced crypto usage especially bitcoin due to huge demand. And not just companies, it is recognized by powerful nations across the world.
And In the next few years crypto and bitcoin demand will likely
increase. And this is where the future of bitcoin will be built.

I believe by using bitcoin now is a preparation for the future. We cannot deny the fact that the world is changing and evolving. Financial institutions as well are really into something digital. People always wanted fast and efficient service. Time is just really so fast also that we cannot be so slow not to take every opportunity we are privileged to do. As early as now, we must at least familiarize ourselves about bitcoin amd cryptocurrencies. Investing it now is a great privilege than having it so late.

Surely bitcoin is futuristic since the technology of bitcoin was so unique the cryptocurrency and bitcoin community is getting bigger and bigger a lot of country is going to use bitcoin as one of their assets in their country and could pottentialy be their digital currency jn the future.For a long term investment bitcoin is always profitable as it is going to be use in the future.

Just gonna share my experience about bitcoin here.

We had a lot of seminars about blockchain (future technology) and I foresee a lot of great development in our society once all of us adapted the use of bitcoin in our life. It'll make us easier and all of us can be equal. I can't explain it more but I know that it has great impact in our social life and that's what we need now, a development to our social life to make a social gain.

Social status are now important and many people make their lives easier through the massive development of technolgoy, they know how to make use of it. So if we adopt the usage of bitcoin, there will be also a change that will make our nation or maybe worldwide better again.

but the journey of bitcoin will indeed be difficult especially for countries to accept, it takes time to achieve it and also hard work so that a country can provide legality. because so far, what's difficult is the legality of a country to allow bitcoin for currency as a transaction

It's clearly visible how big development bitcoin has achieved with time. From the very beginning when almost nobody believed it will be successful until today when it' recognized as the best criptocurrency. The future is ahead of bitcoin and with time I think that people will use it more and more also in every day life, for real purposes and not only as an investment. Majority countries will regulate it and it will become equal part of financial and economy system.

Bitcoin not only solves financial problems but also with the security it has, the system inside makes me believe that bitcoin is a step towards a world with many technological developments. High security makes me believe that bitcoin is not only used for investment but the technology can cover many places

Take a look at the history of money and you would see how it has evolved over the years and I believe that Bitcoin and Cryptocurrencies are the next logical step in the development of Money and this is why I think so...

The early man started exchanging one goods for another, if one person has cows and another person wanted a bag of maize, they would exchange what they have, from this mode of payment, it progressed to the next phase, where people used precious metals like gold and silver in exchange for services, and after this stage, we entered the paper money stage which we all know because it still exists today.

Paper money has been around for a very long time but presently, Governments around the world are restricting it's use in large quantities, this is to ensure that people move to electronic forms of money transfers, credit cards, debits cards and other electronic forms are now encouraged instead of physical cash payments.

Then came Bitcoin, a form of payment that could enable people to not just make fast and cheap payments, but also trace the transaction from it's point of origin to it's final destination, no middle-man involved in any transactions, no big forms to fill to obtain an account and most importantly, no paper trails and privacy is 100% guaranteed. Bitcoin is the logical next step in the evolution of money, no doubt about that.

Yeah, you are right, with great level of development and of course time, Bitcoin will become unbeatable

Bitcoin was not much familiar before some years ago like today. The price of it also was not so high. But now bitcoin is the most powerful and strongest crypto currency in the world. We should buy more and more bitcoin for future.