Cryptocurrency | Bitcointalksearch.org

kkaroul4

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Quote from: Dinomoves on September 14, 2018, 09:16:20 PM

Quote from: Jeremiesaranza on February 24, 2018, 08:26:19 PM

Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Cryptocurriencies It is the electronic currency that we can use for everything cashless we can use for the mode of payment sending receiving and everything

I believe this is the very purpose of cryptocurrency to be used worldwide as a digital currency being used by everyone worldwide. I believe this will lead to a cashless society in the years to come.

if I think that replacing cash to switch to digital currency will not happen, because the government will never be silent if the currency as a symbol of the state is replaced with a currency in...

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Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Maybe on the near future Cryptocurrency will become a universal means of money or source of money because many people are patronizing crypto because of the larger income that has been produce by it.

Btcmaeng18

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Quote from: jose111 on February 24, 2018, 10:56:35 PM

In a brief explanation, cryptocurrency is built as a systematic virtual digital currency which means that it could be only process thru the presence of a specific devices or machines. It wasn't be converted by physical or fiat money because it's not durable or untouchable. It may consider as a global tender when base on a virtual transaction, meaning it's by a computer program

Yes I agree. It is a digital money that can make people rich by investing. I believe that crypto currency can the ecomic rate high and lower the rate of unemployed. I know that this will last long in this modern world.

10c

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I think that in the future it will happen, and cryptocurrency will become a common currency in people's lives and replace or take place next to Fiat.

BCSHonda

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Nowadays electronic money is quite risky, it is not suitable for those who are weak hearted or do not have much capital, if less capital then we require such deep knowledge to hope to make a profit.

andriarto

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Quote from: Jateng on September 25, 2018, 08:25:14 AM

Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Even though cryptocurrencies is not yet used by everybody today, cryptocurrencies play a big role now in people who knew it and work for it. Cryptocurrencies especially bitcoin is already used as a mode of payment like for example the facebook online shop. The admin post that they are accepting bitcoin as a payment to gadgets tgey are selling. In the Philippines, cryptos like ethereum, bch, xrp and bitcoin is catching peoples attention because the most used wallet online "coins.ph" contains this.

At times like this i think it's the right time to save cryptocurrency, so that if a lot of people use it, of course price will increase, and we get a big profit. hope that many countries will legalize it

Jateng

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Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Even though cryptocurrencies is not yet used by everybody today, cryptocurrencies play a big role now in people who knew it and work for it. Cryptocurrencies especially bitcoin is already used as a mode of payment like for example the facebook online shop. The admin post that they are accepting bitcoin as a payment to gadgets tgey are selling. In the Philippines, cryptos like ethereum, bch, xrp and bitcoin is catching peoples attention because the most used wallet online "coins.ph" contains this.

andrey1267p

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To the crypto currency has become exactly what you are talking about, namely a universal means of exchange will take a lot of time!

Uhde

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Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

yes why not? i dont mean that cryptocurrencies can beat physical money and cash. because traditional money items will stay stronger. there is no doubt. people feel more safe with cash. but crypto can be an alternative solution and practicable as well in the future.

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I am very doubtful about that because we know that the total supply of bitcoin and some other cryptocurrency has very limited availability which will make cryptocurrency prices have a very terrible movement and will surely make many people afraid to use cryptocurrency to make transactions because the price could suddenly fall and a threat to sellers of something you want to pay using the bitcoin you have.

Helpme_please

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Quote from: semutracing on September 14, 2018, 09:39:32 PM

currently the crypto currency can already be used to make payment instruments even though it must change it into a local currency first, and the crypto currency can be done in full as a means of payment if all countries have legalized this crypto currency

it could take long time for cryptocurrency legalization from government.they need to make new laws in their own country that might be have different political will.

TranTrongit

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cryptocurrency may be the means of payment currency exists along fiat in the future. In addition crypto will be a place for people to store assets instead of gold foreign currency as today.

Leonora2

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That can happen but at the limits of market control people. And tycoons can take advantage of the cryptocurrency market for money laundering or something bigger.

RasicaOla12

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The current crypocurrency market has a lot of coin you can find yourself some coin to be able to invest in trading and choose which coin is good for you.

erikoy

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Quote from: spongegar on July 26, 2018, 04:13:37 AM

Well technically it is a global tender now. But the fact of the matter is will everyone use it? My take? I don't think so. Not everyone has heard of crypto currency even bitcoin. Others may have heard of it but doesn't understand it. Only a handful of people per country understands crypto currency to a point that they could use it. So i think educating everyone on what crypto currency is and the benefits of it is the firt step.

No it could not be possible but for now it may be difficult to education individuals on cryptocurrency because the system is not yet accepted by the government. Though there are certain countries that has accepted the system then they could possibly implement education on bitcoin.

EllieBasti05

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Cryptocurrency can be a means of exchange through trading. It is a hassle free digital currency that can use to any transaction when converted to fiat money and aside from that, it cannot be faked.

wolfdragon

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Quote from: semutracing on September 14, 2018, 09:39:32 PM

currently the crypto currency can already be used to make payment instruments even though it must change it into a local currency first, and the crypto currency can be done in full as a means of payment if all countries have legalized this crypto currency

You are right, cryptocurrencies really have a good value and can be use online for payment. If this will be legalized in the countries then it will be a big help to online industries.

semutracing

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currently the crypto currency can already be used to make payment instruments even though it must change it into a local currency first, and the crypto currency can be done in full as a means of payment if all countries have legalized this crypto currency

Dinomoves

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Quote from: Jeremiesaranza on February 24, 2018, 08:26:19 PM

Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Cryptocurriencies It is the electronic currency that we can use for everything cashless we can use for the mode of payment sending receiving and everything

I believe this is the very purpose of cryptocurrency to be used worldwide as a digital currency being used by everyone worldwide. I believe this will lead to a cashless society in the years to come.

arthotdog

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Quote from: Tosin12 on February 24, 2018, 05:40:35 PM

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Thats the original plan of satoshi nakamoto for cryptocurrency specially bitcoin to bind the whole world with one currency,to transact in every part of the nation using one coin and tha is bitcoin and with the help of all alternative coins this can be held

Quote from: Hjalmond on September 14, 2018, 08:40:42 PM

I think cryptocurrency will be an additional option for people to transact things online in a global scale. That means that many merchant will accept bitcoin as a mode of payment and not just only fiat currency. This will help our economy much better because bitcoin is fast, safe and cheaper compare to the current system. Good luck bitcoin. I hope it will be legalize in SEC in the near future.

Stop that stupid SEC and the ETF because cryptocurrency will live and will progress without all of their legalizations..in sooner time all will become great full because of cryptocurrency

Topic: Cryptocurrency (Read 3524 times)