Topic: Could Bitcoin be the New King of Currency? - page 5. (Read 3577 times)
I doubt there would be any alternative cryptocurrency to BTCitcoin (in the future), that could keep up to what level BTCitcoin is, so in short anyone trying to create such currency, would be just wasting his time. BTCitcoin has been the new king of all the currencies but the problem is, it's still not that recognized by all and that's the only problem (nothing else that serious enough to harm it).
it is already the king of currencies, bitcoin is being used all over the world by every people with different nationalities equally that is already a lot more than any other currencies could achieve ever.
besides there is always a lot of good benefits of using bitcoin that you can not overlook.
besides there is always a lot of good benefits of using bitcoin that you can not overlook.
I think you mean in crypto world yes i agree with that that bitcoin is no.1 and very strong crypto many use this because of its price and globally many user are attaracted to it but if you say it is the king of all currency thats a big No because dollar is the king of all. Dollar is very strong currency and bitcoin is relying to that and thats why dollar is still the king Of all the currency.
it is already the king of currencies, bitcoin is being used all over the world by every people with different nationalities equally that is already a lot more than any other currencies could achieve ever.
besides there is always a lot of good benefits of using bitcoin that you can not overlook.
besides there is always a lot of good benefits of using bitcoin that you can not overlook.
The mere fact is bitcoins need more time maybe 10-15 years for that matter to be the king of currency , in some country like on romania my friend told me that their government is ignoring bitcoin , that bitcoins for them is just a stuffs. So that's to long time to go for bitcoin
Bitcoin will be a stronger currency in future but it can never be the king of currency, as everyone knows that dollar is ruling the world at a moment, and will be in future too.
Its big no no for bitcoin can be the king of all currency but bitcoin can be the king of all cryptocurriency and it is proven as you can see its state now it is in the top and price is so big. But bitcoin can never ever replace dollar because dollar is strong currency that implemented by the most powerfull country in the world.
The mere fact is bitcoins need more time maybe 10-15 years for that matter to be the king of currency , in some country like on romania my friend told me that their government is ignoring bitcoin , that bitcoins for them is just a stuffs. So that's to long time to go for bitcoin
Bitcoin will be a stronger currency in future but it can never be the king of currency, as everyone knows that dollar is ruling the world at a moment, and will be in future too.
The mere fact is bitcoins need more time maybe 10-15 years for that matter to be the king of currency , in some country like on romania my friend told me that their government is ignoring bitcoin , that bitcoins for them is just a stuffs. So that's to long time to go for bitcoin
I have heard this too. Governments of countries that see it a mere smoke and mirror hype induced delusion. They just don't bother to acknowledge it and view it as a toy for children to use and don't pay heed to it any further. They will be the ones kicking themselves for doing so 10-15 years from now, as you put it.
The mere fact is bitcoins need more time maybe 10-15 years for that matter to be the king of currency , in some country like on romania my friend told me that their government is ignoring bitcoin , that bitcoins for them is just a stuffs. So that's to long time to go for bitcoin
Bitcoin is king already in my eyes 
There is nothing else like it. It can be made into whatever you want it to be.
Kind of like play-doe but this dough is real money son
There is nothing else like it. It can be made into whatever you want it to be.
Kind of like play-doe but this dough is real money son
Bitcoin is still under development which still has many many features and updates need implementing so the adoption speed is still not at its best. Could Bitcoin be the New King of currency? Yes. But the point is just not now. It hasn't got its best conditions to be popular enough to become a king. Until the government still treat bitcoin like something illegal, there's no way it will become the king
Bitgold is not very popular, does not matter, that it is backed by gold. Bitcoin is much more popular.
It can be only a king if Bitcoin is getting more popular and also more used but around this time it will be not possible because many people dont even know how to work with Bitcoin.
And the bad thing of Bitcoin is that nobody will know what will happen with the value with Bitcoin so you have only to wait for what will happen.
And the bad thing of Bitcoin is that nobody will know what will happen with the value with Bitcoin so you have only to wait for what will happen.
Bitcoin is based on gold, and not backed by gold. We have seen recently that there are indications that the gold and silver price has been manipulated and if Bitcoin was backed by gold, it would suffer
the same fate as fiat. The manipulation is not possible in Bitcoin, because it is backed by supply and demand and what the protocol dictates based on public consensus. Bitcoin is the King of Crypto
Currencies and that is all that counts in my books. Governments will do anything to retain their power and Bitcoin threatens that position...
Governments have also fear what they don't know about. And if anything threatens to topple that grip of power they will quash it any chance they get. the same fate as fiat. The manipulation is not possible in Bitcoin, because it is backed by supply and demand and what the protocol dictates based on public consensus. Bitcoin is the King of Crypto
Currencies and that is all that counts in my books. Governments will do anything to retain their power and Bitcoin threatens that position...
Cash is still king but bitcoin is slowly making its presence felt. But I doubt if governments would allow fiat to be replaced anytime soon.
Maybe its possible but it would take some time to do this, I think it can but in about 10 years not very soon.
Its also laying about if the bitcoin is getting more popular, most likely it will so it has a good chance.
Its also laying about if the bitcoin is getting more popular, most likely it will so it has a good chance.
I also think its possible but I also think its gonna be very hard to do this because we have to keep in mind there are a lot of other currency's a lot bigger.
And this currency's can also stay growing so I honestly do not know what to expect.
Bitcoin is based on gold, and not backed by gold. We have seen recently that there are indications that the gold and silver price has been manipulated and if Bitcoin was backed by gold, it would suffer
the same fate as fiat. The manipulation is not possible in Bitcoin, because it is backed by supply and demand and what the protocol dictates based on public consensus. Bitcoin is the King of Crypto
Currencies and that is all that counts in my books. Governments will do anything to retain their power and Bitcoin threatens that position...
the same fate as fiat. The manipulation is not possible in Bitcoin, because it is backed by supply and demand and what the protocol dictates based on public consensus. Bitcoin is the King of Crypto
Currencies and that is all that counts in my books. Governments will do anything to retain their power and Bitcoin threatens that position...
Bitcoin is here to stary no matter what the scum think
Maybe its possible but it would take some time to do this, I think it can but in about 10 years not very soon.
Its also laying about if the bitcoin is getting more popular, most likely it will so it has a good chance.
Its also laying about if the bitcoin is getting more popular, most likely it will so it has a good chance.
Interesting. So, are you saying that Bitgold has lost its value because of its credibility? If there was a trustworthy company that carried a crypto-currency backed by gold, would you find it more stable than Bitcoin?
I guess I'm trying to understand the value behind a crypto-currency backed by nothing compared to a crypto-currency backed by a commodity.
Exactly to the point. It is trying to ride the wave of bitcoin by saying that they can secure your investment with them with gold which is a fallacy.I guess I'm trying to understand the value behind a crypto-currency backed by nothing compared to a crypto-currency backed by a commodity.
Everybody on this forum knows that cryptocurrency has no backing expect speculation.
If you want to contribute to it's success you will donate to it's cause by putting blind faith into it.
Interesting. So, are you saying that Bitgold has lost its value because of its credibility? If there was a trustworthy company that carried a crypto-currency backed by gold, would you find it more stable than Bitcoin?
I guess I'm trying to understand the value behind a crypto-currency backed by nothing compared to a crypto-currency backed by a commodity.
I guess I'm trying to understand the value behind a crypto-currency backed by nothing compared to a crypto-currency backed by a commodity.
Despite the fact that bitcoin is not backed by anything it has been growing for more than ten years now. I do not see the shortcomings he is talking about except that it's anonymous and that depends on which side of the fence you are.
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