Topic: can u explain why bitcoin can be a future currency? (Read 450 times)
I think the key reason for making bitcoin as the future currency is that it can make everyone's wealth not depreciate. We all know that holding Fiat will make your wealth devaluate quickly, and most people are constantly looking for better investment, and bitcoin can help you very well.
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
I’m not sure bitcoin can be a future currency
Because neutrally fiats ( present day currency ) are controlled By the government who regulate and ensure there is no mos use of funds
But in case of bitcoin it is controlled by the Whales who have amassed a large quantity of bitcoin
with the development of the science of technology I think bitcoin has a future, the reason why because many people who know and are interested to participate in it, because it can affect the market price.
I think the opposite, Bitcoin in the future cannot become a future currency because now everyone is always considered Bitcoin is the property they hold and sell when the exchange rate is high to make the profit but not using BTC as a unit of currency. In the future you can only hope for ETH and altcoins will become future currency.
I have an explanation if bitcoin is currently a new technology and bitcoin belongs to a technology that adopts transactions like currency. I think if in the future bitcoin can run well and can replace money or at least be parallel to the money to be used for transactions. so I think that's a bit of my explanation why bitcoin is the currency going forward
Basically price of bitcoin will reach millions of dollar in the next couple of years. The future of currency is here and won't go away since people use it to store of value and payment system.
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Well Bitcoin is a currency now, and main changes in the future around Bitcoin will be regarding mass adaption. Such transition will only happen though if Bitcoin can solve problems regarding mining and transaction fees, as they are to high for small payment as they will sometime result higher than actual purchase.
It will be so hard or almost impossible for bitcoin to be the currency world wide. As we can see, many governments aren't allowed for such thing to happen.
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Well Bitcoin is a currency now, and main changes in the future around Bitcoin will be regarding mass adaption. Such transition will only happen though if Bitcoin can solve problems regarding mining and transaction fees, as they are to high for small payment as they will sometime result higher than actual purchase.
I just curious about what do you mean about solve the problem regarding mining?
I was referring to mining electricity costs
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Well Bitcoin is a currency now, and main changes in the future around Bitcoin will be regarding mass adaption. Such transition will only happen though if Bitcoin can solve problems regarding mining and transaction fees, as they are to high for small payment as they will sometime result higher than actual purchase.
I just curious about what do you mean about solve the problem regarding mining?
The answer to this is simple, if you look at all the characteristics that money should have you will see that bitcoin has all the characteristics necessary to be money and even some extra added characteristics, not even fiat is so flexible, so it does not matter that governments want to impose their will, the forces of the free market eventually will select bitcoin as the best form of money.
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Well Bitcoin is a currency now, and main changes in the future around Bitcoin will be regarding mass adaption. Such transition will only happen though if Bitcoin can solve problems regarding mining and transaction fees, as they are to high for small payment as they will sometime result higher than actual purchase.
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Well Bitcoin is a currency now, and main changes in the future around Bitcoin will be regarding mass adaption. Such transition will only happen though if Bitcoin can solve problems regarding mining and transaction fees, as they are to high for small payment as they will sometime result higher than actual purchase.
When marketcap of bitcoin will increase then bitcoin may stop be so volatility like now. With less volatility bitcoin will be a great internet currency without emission.
this is the time of Cryptocurrency, so bitcoin is currently at the peak of technological civilization, with the Blockchain and decentralized system reinforcing bitcoin from resistance. so I see this cryptocurrency ecosystem put bitcoin in the best investment position in this era.
bitcoin is one of the most profitable investments. with many people who invest bitcoin making the development of crypto better in the world. besides, the bitcoin price will be more expensive because many are looking for it to be an investment because they think bitcoin investment has a good prospect in the future.
yes bitcoin is one of the most profitable investments , but this is not means bitcoin will be a future currency .
BitCoin is slated to be a long-term store of value rather than an everyday currency.
To assess the potential of bitcoin as a currency is possible. If we admit the most optimistic development scenario, in which the BTC will become the world's main currency, and the states will wither away naturally, the figures turn out to be quite huge. The total amount of money in the world is equivalent to more than $ 60 trillion. If you imagine that instead of them all will switch to Bitcoin, then the BTC rate will roughly correspond to the current $ 3 million for a coin or 3 cents for 1 Satoshi. It looks certainly not realistic. But you can dream?
I think that bitcoin will last a lot in the market and in the future people will invest in this coin.
So you can say at least because now it occupies the first position in the market
So you can say at least because now it occupies the first position in the market
Bitcoin is cabbage and its consider as acceptance on the contrary titled as cryptocurrency on ice its a digital title with dozens of practise, and its mean a head of shape coin. Bitcoin has a big future.
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
As far as i know, bitcoin is a real currency but it has no specific country. You know like peso in philippines, dollars in US, Yen in china etc. I think bitcoin will be a main currency in the future because many country accept it and used it as a means of payment and in other stuffs like investments and tradings. It is also stands as a future mode of transactions and savings of money
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