Does Bitcoin have a place in the future of finance as a global currency?
but I believe we’ll eventually hit a point where most of those walls become insurmountable
I believe you mean surmountable... I might be wrong though.
Topic: Does Bitcoin have a place in the future of finance as a global currency? - page 3. (Read 620 times)
September 18, 2018, 12:22:46 PM
The challenges of cryptocurrency like internet access might be the hedge but definitely, I will say yes to the topic :
Does Bitcoin have a place in the future of finance as a global currency?
I believe you mean surmountable... I might be wrong though.
Does Bitcoin have a place in the future of finance as a global currency?
I believe you mean surmountable... I might be wrong though.
September 18, 2018, 12:22:12 PM
no one but bitcoin miners and owners have an interest supporting it. anyone else has to live with the burden of electricity wasting and internet propaganda from it. so there will be constant opposition
the idea is that "owners" become a larger and larger group over time, as mass adoption takes over. after a certain point of market acceptance, the naysayers can't avoid it. just like they can't avoid the gold market. if it were purely up to governments, there would only be fiat money. instead, governments have gold reserves among other assets.
the jury is still out regarding mass adoption, though.
bitcoins popularity only existed because people wanted an open financial market.
isn't that proof enough that demand will continue to exist for bitcoin? what can provide open transparent p2p markets without third party/government intrusion, and do it better than bitcoin?
September 18, 2018, 12:08:48 PM
Yes, I really believe that digital money will be the future and of course bitcoin is digital money that will be used throughout the world.
You don't need to worry about the future of bitcoin because in modern times digital money is money that is used so you don't have to worry if you want to invest for the long term now.
You don't need to worry about the future of bitcoin because in modern times digital money is money that is used so you don't have to worry if you want to invest for the long term now.
September 18, 2018, 12:03:59 PM
Is the value of bitcoin stable, of course not. The unstable value of bitcoin will be a risk if bitcoin becomes a global currency. You can see, the decline in bitcoin this year has made many people frustrated because of the losses they face. Well, if bitcoin becomes a global currency and there is a decline like this, then the economy will fluctuate.
September 18, 2018, 12:01:18 PM
IMHO, Bitcoin does not qualify as a currency. It is more of an asset and a medium of exchange.
September 18, 2018, 11:31:31 AM
Personally In short, yes, I do believe we will transition towards it and hit a lot of walls along the way while we find acceptance and mass adoption but I believe we’ll eventually hit a point where most of those walls become insurmountable and that’s when the alternatives start to show up..
We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.
Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.
We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.
Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.
no
it will not become a global currency, i will become just one of many pow token cults,
and they wont be very popular or successful as well
no one but bitcoin miners and owners have an interest supporting it. anyone else has to live with the burden of electricity wasting and internet propaganda from it. so there will be constant opposition
bitcoins popularity only existed because people wanted an open financial market.
bitcoin as global currency would mean a world like this: the picture is called "the pethahash trillionaire"
https://i.imgur.com/tJxLvfm.png
September 18, 2018, 10:47:14 AM
Personally In short, yes, I do believe we will transition towards it and hit a lot of walls along the way while we find acceptance and mass adoption but I believe we’ll eventually hit a point where most of those walls become insurmountable and that’s when the alternatives start to show up..
We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.
Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.
We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.
Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.
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