Topic: Cryptocurrency - page 13. (Read 3520 times)
Now there is a period of globalization.Cryptocurrency will be a universal means of exchange that will be used by many countries.Cryptocurrency is the future on the threshold of which we stand.
Only when the whole world will offer a wide open arms for cryptocurrencies should it become a global means of exchange. But for now, that's way far from reality yet as bitcoin is also struggling to get up and beat its highest market price ever recorded.
Truly, it could be and it is conceivable to happen. As of todays age bitcoin cryptographic forms of money is sanction and surely understood everywhere throughout the world. All things considered it could be all inclusive and a meduim of trade. We are exceptionally happy to meet bitcoin world in light of the fact that the digital currency has a greatest esteem and it could likewise be changed over into genuine cash eventhough it is virtual cash.
Because now governments in a country tend to prohibit its existence, it is becoming increasingly difficult for bitcoins to make the means of payment in the world but with the many enthusiasts must be a bitcoin opportunity to show the best quality is still wide open in the future.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It can become universal currency if every government in the country will allow bitcoins to be used by different people in their own community, so it was possible in the future.
Cryptocurrency remains a digital currency all the way through and can never replace our regular currency or fiat money. Anyway, bitcoin can also be used globally like our regular currency but it is only limited since only a few merchants are accepting bitcoin as mode of payments or for purchasing good and services. Unlike our regular bitcoin can never have its physical appearance but as what I've said can be used as an alternative for payments to some merchants who accepts bitcoin.
Yes, I don`t think that world economic can evade this. It could be realized by choosing one cryptocurrency in which you could easily convert other currencies.
It is a very good idea. You need to study the past of this currency and invest in it. For some period of time, you can sell all convert into some other.
Nothing is impossible the possibility is always there. When it is felt cryptocurrency is more reliable, flexible, effective and does not take up a lot of resources, then in the near future it could happen.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It can become universal currency if every government in the country will allow bitcoins to be used by different people in their own community, so it was possible in the future.
I remember that I read some article and there was stats that physical money is less that 5% probably from all existing money. So it really depends from
blockchain enthusiasts right now, we need from them more work on all fronts. Who's investing in ICO this month, or may be august? Have you heard about
upcoming Kelvin Blockchain if yes, then answer.
blockchain enthusiasts right now, we need from them more work on all fronts. Who's investing in ICO this month, or may be august? Have you heard about
upcoming Kelvin Blockchain if yes, then answer.
Many countries are aiming to be digital now a days so surely the chances are high for cryptocurrency to become universal means of exchange in the coming future.No doubt that it is difficult for them to replace fiat as fiat is being used by people since many years and it is difficult for cryptos to gain the amount of trust that fiat has but cryptos have their own features such as cheap and fast transactions within and outside the countries,profitable investments,security etc.So according to me crypto will be as popular as fiat in the future and will work hand in hand with fiat.
Yes, I don`t think that world economic can evade this. It could be realized by choosing one cryptocurrency in which you could easily convert other currencies.
It is a very good idea. You need to study the past of this currency and invest in it. For some period of time, you can sell all convert into some other.
Yes cryptocurrency can become a universal means of exchange because almost all countries are declaring it legal and people are using it with great ease.People are getting attracted towards it because of its uses and advantages.But because their is no way to control it ,so this can create a problem.But as far we have seen the improvement in cryptocurrency, we can say that it has the potential to become a universal mean of exchange in future.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
Yes it could be but the only problem is the government inability to control cryptocurrency.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It could happen if the world's population has cryptocurrency, so they receive payment with cryptocurrency, and with it the cryptocurrency can be a global currency.
Right now, what the government needs to do is to advertise the crypto so that people come to know about it as another mean of earning and enable people to know how to earn in crypto like Bitcoin.
For me crypto currencies has no potential to replace fiat due to some reason which is it has no stable value and it can be use to scam people in different ways. And in fact that is the specific reason also why there are some country that didn't want to regulate in crypto. So perhaps crypto currencies will stay as a transparent money in the future.
I agree with you because if to look how many people using cryptocurrency we can see big deep. Most of them are using it living in big cities and people who are living in a villages doesn't know how it works and what does it mean.
it would take time i guess, it needs a solid system that can protect from misconduct behaviour, but if we see currency in exchange system is actually based on trust between two parties, cryptocurrencies could be the future "money", because trust in fiat money is decided by one party, the bank, but in crypto a lot of "people" decide wether your account is legit or not, and i think that would be the main concept in the future.
It's impossible. all must know the purpose of the bitcoin. bitcoin is used for investment and not used the currency used such as the eyes that in each country. all countries must reject it.
Modernism of global markets is now going very well and this was sudden change in the global market when modern technologies entered. These technologies made everything easy and brought a source of investment as well which is depending upon our knowledge to take care of. Bitcoin and other cryptocurrencies are very responsive and the current conditions favor us to invest here in the Bitcoin’s market. 
the fact that an article like this was published 30-40 years ago in a very well known economics magazine that the new money in future will be virtual money, makes us think that crytpocurrency can become a new currency of the world.
Electronic money is a new trend of technology. and it brings convenience to users across the globe. Full would be the popularity of electronic money in the future.
cryptocurrency are the new tread setter in the economy world. Cryptocurrency shows the power of virtual currency. Cryptocurrency are decentralised currency which uses same as fiat currency. Sometime cryptocurrency has more advantage then that of fiat currency. Due its digital in nature you can use it all over the world just by the help of Internet. Its digital nature ensures us that no one can duplicate it. Cryptocurrency provide better money transaction experience. Cryptocurrency also use for investment purposes. Many people use it for their business. So Cryptocurrency is the future currency. Jump to: