Topic: Cryptocurrency - page 11. (Read 3520 times)
I think in the future bitcoin is be used as an form of payment in internet, because it is very convenient and all of nation in the world will accept bitcoin online
I believe in crypto currency and its future. I just don't think that any government will allow it to replace their own fiat currency. I think what will happen is that cryptos will be the alternative way of payment and other financial transactions. Virtual money an alternative to the fiat, but the fiat currency will still stay as the main and legal currency of each nation.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
I think yes. Cryptocurrency become universal means of exchange. It is easy to use and accessible for all the people.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
Cryptocurrency Is an option like bitcoin as an alternative way of payment because each country has already legitimate currency that they used to transact. Its up to each country either they used digital money or not, If a country has an advance technology like japan, I'll assure they will accept crypto and used It as an alternative money for online transaction.
that is why you and me here, expecting it will happen in future. We live in a digital society now and it is expanding rapidly. then why we can't expect digital money for transactions? We already got awesome blockchain technology for this purpose.
I know it is too soon to say anything but after using bitcoin and observing its trend over the years, I could confidently say that bitcoin and other cryptocurrencies will experience a bright future. Bitcoin has come from nearly nothing to a very high-valued currency at the moment. Although it is nearly impossible to give any correct prediction about the price of bitcoin, bitcoin with its cutting-edge technology are bound to change the world's economy for the better.
yes but with potential for tourism in the world you using a universal currency yes it will be better but not governments do not want to lose their change because they make a lot of money with it
Someday it might happen. There are already a lot of coins that appear and are very useful. maybe someday, fiat money will be in exchange with Cryptocurrency and all payments will use Cryptocurrency.
I think the same as you because, in the future, our life will be full of digital and cryptocurrency is a digital technology which has the potential to be applied. and when cryptocurrency is applied then we can see a new era of digital will comes and I think it will work together with fiat and maybe it will be used in all countries. we are still new in the digital technology and I am sure that cryptocurrency will grow and will evolve into something better that can be used in everywhere in the future.
that is why you and me here, expecting it will happen in future. We live in a digital society now and it is expanding rapidly. then why we can't expect digital money for transactions? We already got awesome blockchain technology for this purpose.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
Its hard for cryptocurrency become global currency. Currency must be issued and approved by government and central banks, most cryptocurrency not regulated by government. As currency, crypto is more safe than our current money
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
Cryptocurrency cannot be a universal means of exchange. Firstly, there are different coins and tokens in cryptocurrency. These coins have different values and different uses. Second, the value of cryptocurrencies is very volatile. Using cryptocurrencies as a universal means of exchange would be hard because of its diversity and volatility. However, if there is ONE crypto that could be used as a universal exchange, it would be possible.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It could be done and happened, but because of the many obstacles that are currently being faced only a few stores that receive bitcoin as a means of payment, let alone the government also still not attract bitcoin as a means of legal payment, so the regulation for acceptance bitcoin still does not exist. 
bitcoin can be a legitimate global payment instrument if all countries agree and legalize bitcoin. currently, transactions that use bitcoin can only be done by a group of people or sellers and buyers who agree to use crypto for payment instruments, so without involving the government in transacting. so the risks are held by their own.
To make a payment using bitcoin there is no significant risk if between seller and buyer have agreed on the payment system using bitcoin. All you have to determine is when a transaction using your bitcoin should know the credibility of that person.
Because it would be the same if all countries accept bitcoin but the user does a transaction with a fraudster, the government will not be responsible in this regard.
The moment of recognition of crypto currency in a number of countries will immediately affect the entire world economy.
I don't think it's possible to use bitcoin because bitcoin like a floating cloud doesn't manage it, but for altcoins, if there is skyrocketing global money it can be used because Altcoin is a company that manages it
Everyone is hoping for the best of the cryptocurrency world. We are hoping for so many good things to happen about it in the future. And maybe in the future our hopes are very possible to come true, but of course it would take time, it may be a long time of waiting but let us be positive towards it.
yes it is a decentralized digital currency with a limited supply and high demand. because there is no mixture of government hands and a trend to replace fiat currencies.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
I do not think it can replace real money. It should only be used as a remittance tool and should not be developed to a different degree.We are used to using real money. Using electronic money to replace everything is complicated. Although the transfer is very fast but the market Crypto still carry too many negative factors to be able to stabilize the market and ensure safety.
Cryptocurrencies are very helpful to us people especially when we chose the right currency that will give as income. It is true that cryptocurrencies give money just make sure that the user will follow the rules of the campaign that they joined. I make money and cryptocurrencies loke bitcoin really changed my life. I now make money with my own. I am still a student but I have an income eben I dont have a job. I know many people will be like me when they start to us cryptocurrencies.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
I think it can be but as an alternative or an option for the users but not to totally replace the existing fiat currencies because i believed that crypto can nevers supersede fiat as people in which majority are poor to middle class are already used to fiat as traditional money. Except it all nations will mandatory to urge to replace fiat to crypto then there is a possibility that crypto will be the sole legal tender.
It is not a legal tender in most countries but could be in the future
Jump to: