Topic: Bitcoin will survive enemies it has created ?? - page 7. (Read 1773 times)
bitcoin will survive because it has its own space, maybe other digital money can only follow the presence of bitcoin, but if to pass it I think it's difficult!
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??
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
I really dont think that bitcoin created any enemies here especially fiat/cash/national currencies.
Bitcoin never stated that they are to go against world currencies. What bitcoin wanted was for the world to have an acceptable digital cash where security is the icing on the cake.
They were not even against banks but simply believes that there is a better way of doing online payments and firmly stand on the ideology of pseudonymity. The act of decentralization was not anti-government too, rather, pro-privacy. Bitcoin believed that there is another way to do currency transactions that is also safe, trustworthy and reliable. And bitcoin did proved how effective it is.
Again, Bitcoin did not create enemies, that is people's conception.
I don't see these other currencies, commodities and entities as Bitcoin's enemies. They can coexist in harmony, the establishment just need to understand the world doesn't belong only to them, they must share a 'piece of the cake' with Bitcoin... Greed won't help them anyway, it will just increase the rage and dissatisfaction people have about the banks, governments, economy, etc.
no i think to eliminate other currency its immposible for bitcoin, i think bitcoin just can makes bitcoin is beside the other currency, like work together with US Dollar and other thing, if bitcoin want to eliminate other currency its very immposible
bitcoin can't get rid of it all, but bitcoin can make it all worthless and useless. it will all be used by some primitive people.
bitcoin will always survive because the decentralized bitcoin system is able to attract many investors, so with this decentralized system concept, bitcoin is able to create high volatility and rapid volatility. This volatility will make everyone get a huge and satisfying profit.
bitcoin will always survive because the decentralized bitcoin system is able to attract many investors, so with this decentralized system concept, bitcoin is able to create high volatility and rapid volatility. This volatility will make everyone get a huge and satisfying profit.
I cannot see that their is a competition between bitcoin and some country money including banks because if bitcoin competing of them do you think the government legalize bitcoin? Or other cryptocurrency? Bitcoin have no enemies but it promoting the new technology of money. They create bitcoin is not to compete but to promote new technology and new way of money.
Bitcoin will survive no matter how many enemies are there that's waiting for its success on its way.
By looking at the history of bitcoin, in the past enemies are already there to stop bitcoin and up until now big people are coming to the media and publishing it that tries to degrade bitcoin.
By looking at the history of bitcoin, in the past enemies are already there to stop bitcoin and up until now big people are coming to the media and publishing it that tries to degrade bitcoin.
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??
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
In my opinion, I believe bitcoin was not created to dominate the currency. I want to think that the developers made bitcoin to serve as a new and alternative means of transacting and investing. Even if bitcoin do really is competing with the all-time currencies, I believe it will take time or at most will not win against those currency and store with value. What bitcoin should focus and also the users right now is for bitcoin to be accepted and acknowledge worlwide.
In the short term, bitcoin will not affect the currencies in any way. It too optimistic. Too young this project. At the moment people are still afraid to buy bitcoins. The market of cryptocurrency is wild. It is necessary to wait for the decisions of the regulators.
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??
I do not agree with your assumption, US Dollar, Euro (world currencies), banks, gold, silver debit cards and credit cards are not enemies of bitcoin, bitcoin is one of the digital payment tools that can be used as an alternative among the things you mentioned before.How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
Although bitcoin has dominated in the future I think US dollars and euros will still be a big part of the economy in the world.
in my country bitcoin is our place to invest not currency or currency, so it doesn't compete with the existence of fiat currencies that have been there before ..
To my mind, this is not so difficult, Many businesses and companies today choose btc as their main currency and develop its spread. To my mind, this is the best way to earn in crypto and btc is the leader
Which country you're from? In Asia, I don't see any businesses are accepting Bitcoin so we can only invest in bitcoin for profits.
Also, I don't think bitcoin can replace fiat so soon in any of the countries in the whole world. But it runs parallel with fiat currency so it can be currency as well as an investment product for long.
I think that it will be strong and it will allow us to earn good money.According to my opinion , this is the best way to survive and btc will rule the market of crypto for the long time in the world. 
To compari, this is not so difficult, Many businesses and companies today choose btc as their main currency and develop its spread. To my mind, this is the best way to earn in crypto and btc is the leader
I agree your views, however bitcoin is decentralised and which is not in accessable form.Many firm's doesn't have knowledge of how to use bitcoin. If the firm's started using bitcoin the value will increase rapidly.
We cannot compare Fiat money and bitcoins equally because bitcoins are n-th time higher comparing to Fiat. We can compare them with stock market.
It will overcome and dominate. However the problem is that it is not legal. The development of electronic money is parallel to the development of the technological age. After this, electronic money will eliminate the paper money like the paper money. However, not now but a while.
To my mind, this is not so difficult, Many businesses and companies today choose btc as their main currency and develop its spread. To my mind, this is the best way to earn in crypto and btc is the leader
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??
BTC is the newest, which will eliminate all of world currencies, like the way paper currency elininated metal coins in the past, or cash in bank eliminated cash in hand at this time.How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
BTC needs more time, not today, but someday, I really believe it.
Bitcoin will survive its enemies to it's way on the top because enemies are very important to be in the continuous change and getting better with the passing time because then gave the real head to head competition to you to realize your weakness and become more better and powerful with the passing time so don't be scared of enemies.
I am afraid that it is impossible to take fiat currency or credit cards down. However, there is a chance that cryptocurrency can co-exist with US dollar, Euro, gold, silver, debit and credit cards and other fiat money. Hopefully more and more countries will get into cryptocurrency in the future. When do you think it will happen?
Bitcoin will survive if it is of great interest and uses it for legitimate purposes and is legally recognized.
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