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Topic: Can Bitcoin become the best technology ? (Read 2933 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 06, 2015, 07:17:55 PM
#66
Bitcoin's technology is revolutionary. The way we can make transactions around the world without banks or middlemen is one of the things that makes Bitcoin special. It's the first decentralized crypto currency ever made, so it's not doubt that it would become the best technology in the world. If there's one thing that needs improvement is the confirmation time of transactions. 5 mins would be okay  Cheesy
jr. member
Activity: 51
Merit: 10
Social Media Products
September 05, 2015, 10:48:45 PM
#65
Bitcoin is pretty good but it's not the best.
sr. member
Activity: 266
Merit: 250
August 14, 2015, 11:56:35 AM
#64
Can Bitcoin become the best technology Huh
NO,  it is the best technology the making has seen.
As its user base Is growing rapidly, it will also become the strongest technology that mankind has ever seen.
member
Activity: 98
Merit: 10
August 14, 2015, 11:36:02 AM
#63
bitcoin is money in the form of coins that can serve as a means of payment and investment tools, I think this can be a more powerful technology in future
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
August 09, 2015, 10:00:38 AM
#62
IMO there will be a same technology like Bitcoin in the future, but it'll be better.
So, I think Bitcoin is not the "Best" (at least for the future).
legendary
Activity: 1358
Merit: 1014
August 09, 2015, 09:50:30 AM
#61
I don't think bitcoin is the technology that will reshape the future, but the blockchain tech might. It has the potential of completely change the scenario of modern society.
Agree. BTC has some fundamental flaws, that won’t let in become the “best” untill they are solved.

it definitely has the potential to shape the financial sector. bitcoin is open source which makes it perfectly fine to insert changes needed to make it more user friendly and future proof.

Im willing to think that Bitcoin will win in the end, but don't underestimate how dumb the average joe can be. Just look at Apple or Microsoft, they are the leading in Smartphones and PC OS respectively, and they closed source. Meanwhile Linux still lags behind. So open source is not a ultimate indicator of mainstream success, unfortunately.
sr. member
Activity: 320
Merit: 250
August 09, 2015, 08:35:04 AM
#60
The technology is a ever growing research place. The technology to find out who is satoshi or time machine is never the best technology.
sr. member
Activity: 252
Merit: 250
August 09, 2015, 08:15:21 AM
#59
seen in this day  I think bitcoin has become the best technology for payment, no one knows the future possible blochkchain development  could be the best technology
hero member
Activity: 770
Merit: 509
August 09, 2015, 06:54:07 AM
#58
This will become the best technology..



period.

Incidentally, I think the next big thing will be smart devices of everyday usage such as an oven that will be connected to the blockchain and use the generated heat by mining as a way to prepare your food. This may sound crazy now but who knows in the future.
legendary
Activity: 1946
Merit: 1137
August 09, 2015, 06:47:28 AM
#57
bitcoin is definitely the best in its own category but not the best technology over all. i mean there are far more better technologies that are more useful.

but in financial field and the crypto world it definitely is the best thing so far.
hero member
Activity: 592
Merit: 500
August 09, 2015, 06:39:55 AM
#56
This will become the best technology..



period.
sr. member
Activity: 462
Merit: 250
www.AntiBitcoinTalk.com
August 09, 2015, 06:34:12 AM
#55
Bitcoin will not become that best technology
but its the best and will be the best cryptocurrency  Grin
legendary
Activity: 2296
Merit: 1031
August 08, 2015, 07:42:09 PM
#54
The term "best technology" should actually be defined better as framed in this question.  There are plenty of examples where just because a technology was good didn't mean that it was ever developed and used to its full potential.  Electric cars have been around for decades but are only now finally catching some traction and of course on a very limited scale at this time.  VHS versus Beta-Max is another example where neither tech was necessarily better than the other.  It was simply a matter of marketing and subjective public opinion that led to the flourishing of one with the demise of the other.

Bitcoin isn't much different.  It's software driven and that software is constantly being tweaked to explore one feature or another.  However, the success of Bitcoin is important.  The heavy lifting on that front was all done by Bitcoin.  Bitcoin proved that digital currency can work and for that reason it will always be in the history books as the founding tech of crypto coins.
legendary
Activity: 1456
Merit: 1023
August 08, 2015, 07:17:57 PM
#53
bitcoin has definitely change the financial world and the concept of currency and money all over the world but it is not yet the best technology because it doesn't solve any major (big) problems of the world

What you mean by doesn't solve major problems of the world?

Bitcoin is just a money so it can't solve all problems for people.
full member
Activity: 166
Merit: 100
August 08, 2015, 03:29:59 PM
#52
bitcoin will always be used by outsiders and not the mainstream fuck the pigs!
legendary
Activity: 2660
Merit: 1141
August 07, 2015, 05:22:32 AM
#51
bitcoin has definitely change the financial world and the concept of currency and money all over the world but it is not yet the best technology because it doesn't solve any major (big) problems of the world
Bitcoin was made to solve people problem with government, taxes, and banks, not to solve all big problems in the world. There is no technology could solve all problem at once imo Smiley

Yeah and it can become the best technology only if the government comes in the support of bitcoins, or else it would be just treated as a secondary currency, Government support can make a difference as new technology needs a support from government.
The governments wont support anything that couldnt get any advantage for them, which they will lose their taxes from people and banks couldnt operate again.
member
Activity: 84
Merit: 10
August 07, 2015, 03:47:28 AM
#50
bitcoin has definitely change the financial world and the concept of currency and money all over the world but it is not yet the best technology because it doesn't solve any major (big) problems of the world

Yeah and it can become the best technology only if the government comes in the support of bitcoins, or else it would be just treated as a secondary currency, Government support can make a difference as new technology needs a support from government.
The bitcoin was not made for any government support, that's why it is said to be decentralized.
Don't you know that Huh
If government start supporting bitcoins(which they never will)  then it's the end of bitcoin.
Government hates Bitcoin but loves the block chain.
hero member
Activity: 546
Merit: 500
August 06, 2015, 06:54:35 AM
#49
bitcoin has definitely change the financial world and the concept of currency and money all over the world but it is not yet the best technology because it doesn't solve any major (big) problems of the world

Yeah and it can become the best technology only if the government comes in the support of bitcoins, or else it would be just treated as a secondary currency, Government support can make a difference as new technology needs a support from government.
hero member
Activity: 1582
Merit: 502
August 06, 2015, 02:29:21 AM
#48
I just read a poster saying "Bitcoin is not the best technology around".  It made me wonder.  Can it be changed to be better and if so is that what is planned or is the technology so baked in that it cannot be improved upon?

I would say technology has a wide range of applications.
So one cannot say that one or the other is the best technology.
One can say however that Block Chain is the best technology for decentralized applications, and I doubt anyone can argue with that.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 06, 2015, 12:38:33 AM
#47
bitcoin has definitely change the financial world and the concept of currency and money all over the world but it is not yet the best technology because it doesn't solve any major (big) problems of the world
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