Cryptocurrency - page 9. | Bitcointalksearch.org

popolite11

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Quote from: Neraj Evad on July 31, 2018, 03:25:07 PM

Cryptocurrency now is very popular , indeed some of the establishment are now adopting cryptos, some of the countries are now accepting and even making it legit to use in their country, but some are not accepting it, cryptocurrency is digital kind of currency which was develop for anonimity of the owner of that cryptos .

Yes, bro. And I am sure that its popularity will be only growing with time. My imagination (and rational mind as well) prompt me that the cryptocurrency will be used everywhere soon.

Zurbuchen

newbie

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Yes, i think in someways. But there are things that needs to be done first before it became universal means of exchange. For example, netizen who are not yet familiar with cryptocurrency. We need to make everyone well informed and knowledgable about cryptocurrency so that they will be aware of the new payment method.

greg0rioo

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Cryptocurrency is a digital currency where transactions can be done in a network (online).
Unlike printed paper currencies, cryptocurrency is designed by solving mathematical problems based on cryptography.

jake zyrus

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Quote from: Kizuna123 on February 24, 2018, 11:58:31 PM

I dont think so , cause now there are some people who do not know how to process it and for the people who are lack of knowledge about it so i dont think it will happen.

Yes not all people are known about in cryptocurrency especially in rural area or some area are not civilized and no internet they didn't know about in cryptocurrency. People there are lack of knowledge about in cryptocurrency. Yes you are right we don't think if it happens.

MNDan

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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

This will be great for us but I was saying that the cryptocurrency and also the user surveys are still not ready for that to happen in all the world, we will just destroy everything in case if it will take place right now.

yousef1991

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BartS

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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

It can become global but it is not going to become universal I think that in the future we are going to see many different payment options, we are still going to have fiat since some people are not going to learn their lesson but I think that gold will be used in the future as well and cryptocurrencies are going to be used in the future as well especially in large transactions and when it comes to moving money across borders since no bank or government can block those type of transactions.

ajoygb

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A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature.

peacefulpeace

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Absolutely yes is the answer, cryptocurrncy is gradually been adopted globally, i dont mean that crypto currency will replace fiat money, that may not be feasible, but cryptocurrency will definately be a means of cashless transactions globally. though for now, the only digital currency thats gaining prominence is bitcoin, which means all other currencies will first be converted to bitcoin before been used and accepted as a means of transactions

Marierobinson16

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Crypto currency can never replace government currency in a country, but this can be used as a means of payment that does not have to use cash.

Mariahenry86

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Of course, with the current strong growth trend of Cryptocurrency, in the future, Cryptocurrency will become a popular means of exchange. Small business transactions, life services, payments all use Cryptocurrency instead of traditional currency.

acsaocham22

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Cryptocurrency can become an official currency and electronic money will be the optimal choice for global exchanges. Most national governments pay great attention to Cryptocurrency, the future development of Cryptocurrency will be very good.

escalante28

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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

There is a big chance. If you observe the movement of crypto now you'll find out that most of the countries are studying how they are going to adopt crypto. Let us hope that cryptocurrencies will be use globally. Maybe it's time for the crypto communities to develop more options to reduce the transaction fee when sending payment so that everyone can afford crypto.

semtothemoon

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I think it is impossible for cryptocurrency to become a legal tender in the world. How can a country be willing to let the coinage power be handed over, besides, dont forget cryptocurrency is uncontrolled, people hate the thing they cant control. If there is only one country on the earth, then it is a little bit possibility, but this is not the case.

edisystem

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It's possible to happen but not now. We need more time and wait until people start realise the benefit of using bitcoin. Once bitcoin become popular, people around the world will use bitcoin and when it happens maybe we can see bitcoin as a currency and has a physical money on bitcoin.

valentinen39

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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

There is a possibility in the future that cryptocurrency can be used as a universal exchange because most of the people right now prefer to use digital currency such as credit cards and if government will legalize cryptocurrency in the future then most of the people will prefer to use bitcoins rather than fiat.

Neraj Evad

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Cryptocurrency now is very popular , indeed some of the establishment are now adopting cryptos, some of the countries are now accepting and even making it legit to use in their country, but some are not accepting it, cryptocurrency is digital kind of currency which was develop for anonimity of the owner of that cryptos .

BTCeminjas

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While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems.Cryptocurrencies are used primarily outside existing banking and governmental institutions and are exchanged over the Internet.

Jimitieu

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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

I think that is possible, but it will take a long time, 10 years, 20 years .... to become reality. By now, people are not aware of cryptocurrency much, but if it grows stronger then soon can replace the physical money. But at that time things will be very complicated and difficult to guess

TanteStefana

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The Future Of Work

Quote from: finlandais on July 13, 2018, 03:28:19 AM

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.

People want to feel independent using Bitcoin. Government's want to make it legal and have control over everyone who uses it.

Topic: Cryptocurrency - page 9. (Read 3524 times)