As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Bitcoin is taking over but not in everything, it’s only taking over in the areas where it is meant to. It is a better way for making transactions and one of the best options when we talk about investment. Bitcoin was the first investment I ever made, and it proved to be reliable, despite a few losses which I was also able to recover plus the huge profits I made. Bitcoin is indeed one of the best decisions I ever made. 
Topic: Digital Currency Take Over - page 11. (Read 3050 times)
Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it
Indeed, we cannot stop innovation because it is inevitable. Just like internet, digital currency will become powerful that can be one of the way to make a payment for any kind of transaction but I don't think so that it will overtake fiat because, fiat is still more efficient yet preferrable of people. Therefore, digital currency can only be as an alternative for fiat transaction. As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Well, like you said, there are countries that doesn’t support Bitcoin cause of several reasons… so do you think it can go that far when there are more opposing sides?, 🤔I’m saying this cause I don’t think so. Bitcoin (cryptocurrencies) will make progress but not to the extent you’re looking at, I just believe that everything will be balanced in the market. Maybe time will come when some of the countries that are against the use of cryptocurrency will learn to accept but not without terms and conditions. Whatever happens, just hope it’s for the better.
Digital currency is the future. Take for example Estonia--they are attempting to create their own coin and standardize it in their country.
nowadays the internet is very efficient in accessing crypto becomes very easy, but there are still some places in the world that lack the tools or means to access the internet is difficult enough, It will take time for bitcoin to be used worldwide,.
People will use digital currency in the future. Future digital currencies will take over the market in the next few years. All will use digital currency for their market activity, I firmly believe that the future is a digital currency, even if paper currency or fiat will still be exist
anyway there are still some problems with the supervision of cryptocurrency!
When some countries learn more detailed regulatory steps, cryptocurrency will be fully driven into the market and the currency of the law will definitely maintain the financial order of the market!
People will use digital currency in the future. Future digital currencies will take over the market in the next few years. All will use digital currency for their market activity, I firmly believe that the future is a digital currency, even if paper currency or fiat will still be exist
anyway there are still some problems with the supervision of cryptocurrency!
When some countries learn more detailed regulatory steps, cryptocurrency will be fully driven into the market and the currency of the law will definitely maintain the financial order of the market!
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market
it will not take so long time, maybe we just need 3-5 years later,because internet can make everything faster.or it is impossible that digitisation will never be successful.
If yes what are those factors ?
no it is not impossible, I think people power is more powerfull than goverment power, just see how Crypto can makes world change everythingIf yes what are those factors ?
In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I agree with this. Many countries have to accept Crypto revolution,and thet must think about the best solution to regulate it, in hope not losting the Tax and protecting the citizens
There are still some problems with the supervision of cryptocurrencies!
When some countries study more detailed regulatory measures, the cryptocurrency will be completely pushed to the market and the legal currency will certainly maintain the financial order of the market!
When some countries study more detailed regulatory measures, the cryptocurrency will be completely pushed to the market and the legal currency will certainly maintain the financial order of the market!
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
This is this might be the greatest invention of our century and with the technology that we have right now it will have a big possiblity to take over the current fiat money. I don't believe that bitcoin take over. World becoming closer to closer due to modernize.one day people don't to buy,sell, shopping, marketing with paper money .so they show their egarity towards online currency.
You should believe in this reality because now bitcoin has gain the attention of almost 99% of population, because now we are living in the digital age where we will need bitcoin the most, it makes double of profit such as we can buy goods and we can enjoy easy and cheap online shopping, gradually people are being interested in digital currency and forgetting about fiat, because it will only buy you goods but using digital currency will help you have extra money along with purchasing.
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready.
the digital currency has been recognized by most countries because it is a modern technological advance, but its function is still not approved by some countries as a means of legitimate payment transactions for fear that citizens prefer digital currency as payment transactions than the existing currency. as long as legalization can not be given by most countries then digital currency will not take over the official currency position in each country.
Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it
the risk for the digital era is very high, regardless of the number of fraudulent projects .. this we can see from some FUD yag can make digital ruined .. because sometimes the trust can be lost due to negative issues .. and this is very risky for us all As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready.
yes i agree that we are now on a modern age and internet is always accesible all the time because even our phones or any other gadgets do now have an internet , so everyone is capable of accesing or using a bitcoin but of course , there were also poor countries and poor families/people that doesnt have the ability to buy such gadgets with internet or buy an internet subscription , that is why not all people can be able to use bitcoin and any other cryptocurrencies because of the status of thier lives .
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready.
Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it
Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?
I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process...Digital currency take over no not yet the World have not really know much about the new world of digital currency. Also, many of this digital currency or token have not be make use of the way the team member plain it. However, if this still remain the same in digital world or better put in cryptosystem it means that little people still know this new world. To know this new world of digital currency better we both have a lot of work to do. The world of digital currency is getting better.
Well I think it is not true now crypto currency is famous enough all over the work, almost everyone knows how to make good profit, bitcoin is at high demand everyone is trying to make is legal in their country and they want to benefit their people from it, bitcoin is taking over the world because every market every school and every university is ready to accept the payment is form of bitcoin, there is nothing to be worry about just keep calm bitcoin is going to be global currency soon,
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Not every nation, there are nations that are kicking against it, though some of them has allowed the use of it, but not without terms and conditions. Bitcoin can do better than most payment methods cause it is fast for making international transaction and the fees are very low. Another thing is that it can be an investment and can also be a source for income if you work hard in it. It don’t mind those that says it’s free money, it is not free money.
Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?
I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process...
I don't think cryptocurrency is ready to replace paper money. Before we even think about a world running on just digital money, governments all over the world will need to agree first on a global cryptocurrency that will be acceptable to all countries. Think of it as the digital version of the US Dollar or the Euro.
Do you think the US Government or the European Union will agree to let go of their own currencies in favor of a cryptocurrency that they cannot print on their own? How will they manage their country's interest rates if they cannot print paper money out of thin air?
Do you think the US Government or the European Union will agree to let go of their own currencies in favor of a cryptocurrency that they cannot print on their own? How will they manage their country's interest rates if they cannot print paper money out of thin air?
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