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Topic: Bitcoin will survive enemies it has created ?? (Read 1773 times)

member
Activity: 597
Merit: 10
November 02, 2018, 11:55:56 AM
Bitcoin is a digital currency which doesn't physically exist indeed. This is working as an alternative payment system buddy sorry to say I do not agree with you. Bitcoin hasn't made any enemies at all those are physical currencies whatever you mentioned in your post. Bitcoin and fiat money both are different so bitcoin will survive prestigiously.
legendary
Activity: 2030
Merit: 1028
Let me remind you that bitcoin is completely different with fiat so it can't be compare.
The story is different if you compare between btc and eth because both of them are digital investment !
member
Activity: 560
Merit: 10
Bitcoin will survive the upcoming years if more people embrace the blockchain technology and therefore invest more in it. This will help to give much value to the coin and sustain it. I believe bitcoin really have a great future.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I'm sure that the US Dollars, Euro (world currencies), banks, gold, silver, anti-government, debit cards and Bitcoin may not be enemies, but friends, because they contain different ideas and have different sources. None of them interferes with others, but complements their imperfect functionality.
All of those things are competitors to bitcoin and also compete among each other, the last thing that any of the entities behind those currencies or services want is another strong competitor, I really do not think that bitcoin is going to force the disappearance of any of those, but it is surely going to weaken their power and their influence in the markets.
full member
Activity: 694
Merit: 108
santacoin.io
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
Bitcoin has no enemies but rivals as mentioned above and I think none of them can stop bitcoin from getting mainstream. Bitcoin is a digital currency that is decentralized, therefore, no government, bank or company that can stop it regardless of their actions or regulations.
full member
Activity: 239
Merit: 101
It is difficult to say for sure now but I think that it is enough powerful to survive and get rid of any enemies and competitors on its way
copper member
Activity: 455
Merit: 0
I think bitcoin cannot eliminate the dollar, even though the value of bitcoin is higher but bitcoin is very unstable and it will be difficult for bitcoin to become the main currency. In the future, the dollar and bitcoin will continue and will continue to run according to their respective paths.
full member
Activity: 462
Merit: 104
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

It's going to take a long shoot for Bitcoin to actually take over the aforementioned currencies. The first step is to gain mass adoption, which is still hanging for a while now afterwhich then how much do people use it as a means of exchange of goods and services. Aside that, I don't see anything happening soon.

If US Dollars, Euro (world currencies), banks, gold, silver, anti-government, debit cards and anti-tax exist simultaneously, then why Bitcoin cannot join them and make them a great company. Each of these "enemies" has its own purpose. And if one of them does poorly, then it can be replaced. I don't see the problem!


I'm sure that the US Dollars, Euro (world currencies), banks, gold, silver, anti-government, debit cards and Bitcoin may not be enemies, but friends, because they contain different ideas and have different sources. None of them interferes with others, but complements their imperfect functionality.
jr. member
Activity: 154
Merit: 1
it seems to me that he will not survive them but will simply exist in parallel with them
newbie
Activity: 28
Merit: 0
I do not think they are bitcoin competitors, they do not hurt bitcoin, We should see bitcoin as one of the usual means of payment or a form of investment to make a profit.
brand new
Activity: 0
Merit: 0
i think bitcoin will survive forever. this coin will become a bit market
full member
Activity: 448
Merit: 100
I agree with you that bitcoin has so much enemies due to the fact that some people feel threatened by the solution it offers to mankind. The truth is that none of this haters has been able to overcome bitcoin, be it governments or individuals. Bitcoin will surely survive.
jr. member
Activity: 140
Merit: 1
I do not think that bitcoin was created to eliminate the world economy ! Bitcoin is a form of payment, a digital asset, a way to transfer money quickly around the world but it is not a threat !
legendary
Activity: 1414
Merit: 1002
= jasad =
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??


we all know that bitcoin has been around for more than a decade, this proves that bitcoin has survived all the obstacles. currently fiat currencies are no longer a problem for bitcoin or as they will say as enemies.
I believe that in the future banks will adopt the blockchain system
member
Activity: 532
Merit: 11
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
the system money in bitcoin and updating everything might defeat their enemies as I see today bitcoin is outdated and if they are not updated it is likely that bitcoin will sink
full member
Activity: 364
Merit: 100
bitcoin could have survived from several enemies who tried to destroy the condition of bitcoin prices and I still believe bitcoin will continue and will remain the king of all outstanding cryptocurrency.
full member
Activity: 507
Merit: 100
I think bitcoin can safely and peacefully co-exist with Fiat currencies and with the banks, and with precious metal, and with governments and with all, as you say, enemies. I believe that bitcoin did not create enemies. It was the people with their speculation and prejudice.
member
Activity: 332
Merit: 15
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
The emergence of Bitcoin has created competition between it and Fiat money (and gold). That's normal. Many governments perceive Bitcoin as a competitor to Fiat money, often trying to limit Bitcoin. Therefore, in order to survive, Bitcoin must compete with Fiat money. By the way, history has already seen an example when a better kind of money competed with a less perfect one. For example, when Fiat money was in its infancy, it was forced to compete with gold.
hero member
Activity: 2786
Merit: 657
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I'm sure that the US Dollars, Euro (world currencies), banks, gold, silver, anti-government, debit cards and Bitcoin may not be enemies, but friends, because they contain different ideas and have different sources. None of them interferes with others, but complements their imperfect functionality.
All of those things are competitors to bitcoin and also compete among each other, the last thing that any of the entities behind those currencies or services want is another strong competitor, I really do not think that bitcoin is going to force the disappearance of any of those, but it is surely going to weaken their power and their influence in the markets.
I agree with what you said because bitcoin is just a currency which is here to give liberation from the government and the world economic breakdown. Meanwhile, I don't see any reason why Bitcoin will be competitor for debit and credit companies since we need them in other for crypto currency to be use on everyday activities.

hero member
Activity: 3080
Merit: 603
Bitcoin isn't the one that created those currencies, it has been there even before the existence of bitcoin.

Those created the idea to a coder to create decentralized currency where people can have freedom and remain anonymous with its transactions. I won't question the survivability of bitcoin anymore, its past is already enough to conclude that it will survive no matter and how many enemies are there for it.
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