Topic: Bitcoin will survive enemies it has created ?? - page 5. (Read 1761 times)
Well, just because Bitcoin is based on the philosophy of decentralisation it doesn't mean that it is against the players of a centralised system. These are two separate forms of payment and everyone has a right to choose the payment method which is convenient for him. There are some limitations in the additional centralised payment system and hence Bitcoin along with blockchain technology came up with the solution to those issues resulting in the optimisation of the process of transferring values from one point to another. We will see cryptocurrencies gaining popularity among fund transfer industry but it won't destroy the traditional system at all.
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??
Well I do believe that Bitcoin will be able to survive in the upcoming future as it has a very high potential. This is because since bitcoin has started it has gained a lot popularity among the people all over the world and it's demand among the people all over the world has also increased a lot. How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
Bitcoin is not an enemy of the dollar or the existing monetary system, it is a logical continuation of it...Remember the evolution of the form of money:)
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??
Everything can happen because now the market is very shaken, and can give almost any, and we are not influenced by this, because we decide it and we do not. How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
I think all of them remain on their own paths, and only certain people who have bitcoin thinking will replace all forms of world currencies.
however, that is impossible because before bitcoin was born, the currencies of these countries already had value first.
however, that is impossible because before bitcoin was born, the currencies of these countries already had value first.
bitcoin is the father of the entire crypto, maybe he will survive fiat money, but I do not think he is the last and only acceptable. It is rather a milestone in development. it was once a barter exchange, then gold, money, bonds, digital currencies emerged. Everything ends sometime and is replaced by something else. Era crypto will only enter its golden age. BTC also has not shown everything yet. Hodl.
Bitcoin is growing day by day. He begins to make known the big companies but especially the big fortunes of our planet. It obviously threatens other means of payment that might become obsolete. We are only in the beginning and it will take time for the Bitcoin to stabilize and be an interesting currency. With time and patience it is true that the future may change. The economy we know today will also have to be reviewed and ready to change.
US Dollar will exist and it's worth acknowledging. Bitcoin can be a parallel means of payment.
And how do you think the other cryptocurrencies are more serious rivals of bitcoin?
And how do you think the other cryptocurrencies are more serious rivals of bitcoin?
Gold, silver, anti-government, debit and credit cards. The causes of low exchange rates such as trade deficits, low interest rates and public debt as well as the economic and political conditions of a country. Bitcoin evolved and survived all criticism, attacks and predicted that it would die.
Since 9 years Bitcoin developing day by day and going to dominate the world. When something invent new people can’t take it easy but after few days they want it. When starting bitcoin in 2009 with $5.27 and we can see it reached $20000.
Though this market right now is down but its raising again. It earning people trust so everyday people invest here. There is a competition between bitcoin and current currencies but they are not enemies. If they were enemies do you think the government legalizes it?
When ATM card invents people don’t take it easily when they think it very easy to transaction then cash they choose it rapidly now it uses globally. Could we say that ATM was creating enemies? No like this bitcoin doesn’t create enemies. If 50% of investors are using cryptocurrency around the world then bank have to consider legalizing it. Bitcoin have no enemies but it promoting the new technology of money.
Though this market right now is down but its raising again. It earning people trust so everyday people invest here. There is a competition between bitcoin and current currencies but they are not enemies. If they were enemies do you think the government legalizes it?
When ATM card invents people don’t take it easily when they think it very easy to transaction then cash they choose it rapidly now it uses globally. Could we say that ATM was creating enemies? No like this bitcoin doesn’t create enemies. If 50% of investors are using cryptocurrency around the world then bank have to consider legalizing it. Bitcoin have no enemies but it promoting the new technology of money.
I think bitcoin will survive and beat all of its enemies with various advantages it has, if many people know the advantages, so there more people will turn from fiat to bitcoin
Who says that it has declared itself a revolution of the future and who said it has made them enemies at all. I guess there is no relation between them and the crypto coins because they both have different work space and trade space as well. They will start interfering each other if crypot is getting used by every single person over the earth and thus having the actual competition started with. If that my friend initiates at anytime in the future then it could be worrying thing.
bitcoin will still be able to overcome challenges and obstacles, but bitcoin will not be able to replace the position of paper money in people's lives, even though bitcoin is already in the community, but bitcoin can only go hand in hand ..
Bitcoin continues to try to survive and this depends on everyone. If demand keeps many investors Bitcoin, I think these coins will continue to evolve. Bitcoin will continue to grow with the technology is better. So this coin will have a very good future.
When something new appears there are always some who are against it. That is natural, people are afraid of new things and have certain resistance. Also, Bitcoin is competition to traditional economy and finances and therefor financial institutions feel threatend in a way.
But still I don't think they are real enemies of Bitcoin and with time Bitcoin will get accepted by them too.
That is my vision of Bitcoin future.
But still I don't think they are real enemies of Bitcoin and with time Bitcoin will get accepted by them too.
That is my vision of Bitcoin future.
Bitcoin will survive if its foes are much or not. I see bitcoin at the best since its great having adversaries to transform you to be in a constant change and showing signs of improvement with the progressing time since then will it offer no holds barred rivalry for you to understand your shortcoming and turn out to be all the more better and ground-breaking with the progressing time so don't be terrified of foes.
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 is very much popular and the most successful investment of the present era and after becoming so much popular it has attracted the keen interest of millions of investors around the world and the reason being its, so beneficial and profitable investment, the safest and the confidential transactions and thus people find it more trustworthy and more safer than any other currency so it is now considered as a threat to other Fiat currencies and I think it will eliminate all its enemies. How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
Years passed by and bitcoin still survive for a long period of time.It will not easily destroyed by anybody,because it was decentralization it was not easily tract by anybody.
i believe its a gradual process. for it to have gotten to this stage is a huge achievement. i believe enemies are only hating because they missed out investing at early stage or they cant have control over it. the goal and vision is set , it wil be achieved daily and then eventually. there will always be enemies but bitcoin will always win.
Bitcoin thrived and survived with all the criticism, the attacks and predictions that it is going to die. I believed bitcoin is sustainable, unlike other coins that is emerging and it is by far the most valued and trusted digital cash and payment system.
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