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Topic: can u explain why bitcoin can be a future currency? - page 3. (Read 450 times)

newbie
Activity: 196
Merit: 0
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Because I know Bitcoin is the first digital currency in the world and so Bitcoin is also famous worldwide and has been approved by several countries so bitcoin can be a good future currency and can be profitable
full member
Activity: 364
Merit: 100
Satoshi Nakamoto explained that when there's the Internet, you need the money for the Internet. Today, the world is not represented without the Internet, respectively, the growth and increase in the importance of the coin are inevitable
newbie
Activity: 87
Merit: 0
Think of everything that's happening now as negotiating the value of Bitcoin. The world doesn't quite know what this thing is yet, and as it's adopted, the market recognizes the value.

By the time we're using it as a widely adopted currency, there will be stabilization. Thinking of it as an alternative currency and not an investment is a state of mind at the moment, and a good one to have. But at the moment we're riding the wave of the world slowly catching on to BTC. The exponential growth and dramatic fluctuation has an end point.

We just don't know when that end point is. And in the meantime, the road there is making a lot of people a lot of money.
member
Activity: 616
Merit: 13
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct

It doesn't have to be bitcoin, i think the question should be why blockchain tech implementation can be used as a future currency ? . It is because it is possible to have a peer to peer transaction, fast, trustless, secure. That's it.
full member
Activity: 518
Merit: 100
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
that's what's possible until now is very difficult for us to predict about the price rises to how certain no one will know it, and though not everyone is investing in bitcoin, but many people are investing in it, because they have the idea that bitcoin will be able to give they are huge profits, and the more people who will invest the bitcoin will again grow again.
hero member
Activity: 994
Merit: 502
Even now it is getting used as a currency. Among the entire circulation of bitcoin, majority of the volume falls under the usage as a transaction source or a currency. Next is the gambling industry which in the past has been making the largest contribution on the entire volume of bitcoin into circulation.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct

Bitcoin can't replacement currency but the technology can ( blockchain ). Currency is legal financial instrumentand every country will protect it from any product that can give negative impact into it. But blockchain technology can use to support financial activity, more fast, secure and transparent. Bitcoin is more like commodities ( gold ), see the pattern, product history and value you'll see there's no different there.
full member
Activity: 966
Merit: 111
Because bitcoin is one of cryptocurrency that many people know about it and bitcoin is also the current crypto king. Bitcoin is also widely used for payment. Therefore bitcoin is the cryptocurrency of the future and today.
full member
Activity: 294
Merit: 106
Most of the bitcoin coins belong to whales. Vrjat whether in bitcoin in the future there will be several destinations. Bitcoin will continue to act as the flagship of the industry. Bitcoin is the guarantor of investment, as once gold. And in the future there will be more perfect currencies, not having drawbacks, but having all the positive sides.
legendary
Activity: 1106
Merit: 1000
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
I think bitcoin will be a means of payment in the future because it can simplify all transactions with coverage of the world. However, it is too optimistic to say bitcoin is the primary means of payment, because anyway paper or fiat will remain the main ones.
Yes.Bitcoin cannot compete totally from fiat currency since majority of the people in the world are still into using fiat.But looking bitcoin's advantages,having the first decentralized currency and the most efficient,fast and trusted digital currency by the people,then hopefully it will considered a global currency in the future.
newbie
Activity: 155
Merit: 0
because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
I think bitcoin will be a means of payment in the future because it can simplify all transactions with coverage of the world. However, it is too optimistic to say bitcoin is the primary means of payment, because anyway paper or fiat will remain the main ones.
newbie
Activity: 126
Merit: 0
Well now every society in any corner of the world is involved in ecurrency transactions daily and many people are loving because it is fast and convenient preventing long queues .So the digital currency idea is well established so with time cryptocurrency will become accepted worldwide and we shall have the era of bitcoin.
newbie
Activity: 47
Merit: 0
Bitcoin is removing all the intermediates between part a and part b when making a transactions and the normal fee of the transaction compared to the bitcoin is so much higher, and it is public, so bitcoin and other alt-coins are decentralized.
newbie
Activity: 210
Merit: 0
Bitcoin is the first crypto currency in market of crypto currency. It has proved its capability over the years and it has provided a good amount of capital to the investors. Still investors are getting profit. It is the market leader and accepted by different governmental organizations and business organizations.
member
Activity: 237
Merit: 43
It is very valuable coin and many people accept it as a mean of payment, so there is no doubt that is as good as any coin out there in the real world.
newbie
Activity: 322
Merit: 0
Bitcoin in not future currency, it is a currency and is used in some countries, but some countries doesn’t legitimate it but soon it will be the main currency of Trade. Bitcoin transaction is easy to made and simpler. As we are going digital new technologies are invading, so digital currency is only the future currency. Also many Altcoins have good future.
member
Activity: 292
Merit: 10
Of course decentralization is the advantage, but I don't think that BTC will be on top investing currency in - let's say - 2 years. There are many altcoins which have very good use and BTC loses its strength here.
jr. member
Activity: 364
Merit: 6
In my point of view, the main reason Bitcoin/Altcoins can be the future currency because it is a digital currency. And we are in the cyber-era. Technology is evolving every single day. And having a currency that is digital will be a perfect fit for our futuristic world. However, it will be possible when all of the main issues regarding cryptocurrency are solved. For example, the high fees when having a transaction.
full member
Activity: 490
Merit: 100
Other than it being decentralized (banks and government has no control over it), the versatility of it i think is the main reason. Plus, transaction from different locations aren't a problem, meaning, money transfer wouldn't be an issue to spread your money. Another thing, i wouldn't want to bring cash in some places (too risky and an eye candy to criminals) well maybe just in my country.
yes, crypto make transaction easier and simple without any fear to lose your money
newbie
Activity: 252
Merit: 0
Definetly bitcoin will be the future currency as it is developing day by day. Many big big companies and personalities are supporting it. It gives more facilities to its users and making them comfortable to use it. So obviously it will be the future currency.
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