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Topic: Can btc be use to purchase crude oil - page 2. (Read 382 times)

hero member
Activity: 2926
Merit: 567
June 24, 2020, 10:10:00 AM
#7
From my perspective it's obvious that in next ten (10) years bitcoin will be centralised and it can be use for exchange of product's in all ramifications and it will dominate any other currencies across the world.


I don't know how did you come out with that idea or thinking it was created to be decentralized and the whole community is bonded by the thought of decentralization and anonymity, even if there are so many companies and exchanges that ask for KYC, still there are sides of it that will keep it anonymous and we have services like mixer to help it continue to become anonymous.
hero member
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Leading Crypto Sports Betting and Casino Platform
June 24, 2020, 08:50:10 AM
#6
From my perspective it's obvious that in next ten (10) years bitcoin will be centralised and it can be use for exchange of product's in all ramifications and it will dominate any other currencies across the world.
You're probably mixing up the "centralised" word with something else here. If Bitcoin gets centralized in 10 years, or whenever in the future, Bitcoin would be pointless just like the hundreds and thousands of altcoins out there.

Indeed, the OP might have some misconception or misunderstanding with the word centralized as he thinks that applying it to Bitcoin would be a good thing nor would help any economy if ever his visions would have happen. Yet the funny argument here is that would it be possible to make the vast network of decentralized Bitcoin be centralized? I don't think it is possible as it requires huge effort and time just to restart a system that has been running on cloud for almost a decade.

With regards to the OP, those what you've called visions is already possible, as some (actually, most) companies, dealings, and purchases already are accepting cryptocurrency and it is so common for all the visions you've suggested. Actually, it is already Bitcoin Vision 2020. lol Cheesy
mk4
legendary
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June 24, 2020, 08:19:36 AM
#5
From my perspective it's obvious that in next ten (10) years bitcoin will be centralised and it can be use for exchange of product's in all ramifications and it will dominate any other currencies across the world.
You're probably mixing up the "centralised" word with something else here. If Bitcoin gets centralized in 10 years, or whenever in the future, Bitcoin would be pointless just like the hundreds and thousands of altcoins out there.

Here comes the list of things bitcoin can purchase in next ten years without physical cash and it's called bitcoin vision 2030.
I suggest we don't create such name as it really sounds like a certain Bitcoin fork. Tongue
legendary
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Leading Crypto Sports Betting & Casino Platform
June 24, 2020, 07:52:14 AM
#4
From my perspective it's obvious that in next ten (10) years bitcoin will be centralised
Do not get this wrong, bitcoin is a decentralized currency, governments or any organization can not control bitcoin price, so it can not be centralized and can not be subjected to government manipulations. Even we did not know the identity of Satoshi Nakamoto who created bitcoin, he crated it to be decentralized and nothing can change that.

Here comes the list of things bitcoin can purchase in next ten years without physical cash and it's called bitcoin vision 2030.

* Housing estate's

*companies

*car industry and private use

*importation of goods and service from different countries

* payment of worker's with bitcoin

* And also use for payment of shopping.
About housing estate, it is not yet common but in some countries now, bitcoin is used for this purpose. Bitcoin is also use for online and offline shopping and this is even common in developed countries.

I get your point, you meant in the future, bitcoin will be more depended on. Yes you are right and bitcoin adoption and price will increase.

member
Activity: 80
Merit: 39
June 24, 2020, 07:19:24 AM
#3
Your Topic question is about purchasing crude oil using BTC but the description is about the list of things that can be purchased with Bitcoin in the next 10 years? How are they related?

Please change your topic title or write the purpose of writing that question.
sr. member
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Merit: 326
Vave.com - Crypto Casino
June 24, 2020, 06:59:00 AM
#2
This is possible but what I find it hard to believe is bitcoin will turn into centralized just because those you mentioned will accept payment in bitcoin.

Bitcoin will surely get there perhaps its already beginning and many particular fields has started to accept bitcoin. Controlling bitcoin will be hard when almost all holders of it are whales and crypto enthusiasts which are not favor in government.
hero member
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Merit: 711
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June 24, 2020, 06:17:25 AM
#1
From my perspective it's obvious that in next ten (10) years bitcoin will be centralised and it can be use for exchange of product's in all ramifications and it will dominate any other currencies across the world.

Here comes the list of things bitcoin can purchase in next ten years without physical cash and it's called bitcoin vision 2030.

* Housing estate's

*companies

*car industry and private use

*importation of goods and service from different countries

* payment of worker's with bitcoin

* And also use for payment of shopping.

I believed strongly that this vision bitcoin 2030 shall come in reality.
What is your suggestion.
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