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Topic: Future money! (Read 587 times)

full member
Activity: 1100
Merit: 169
August 10, 2021, 06:48:58 PM
#93
I am of the strong mind that bitcoin needs to be used as a currency in order for it to last long term.  Sure I think that bitcoin could survive on it's own as simply being a store of value, and alternative to gold ( or a replacement ), but in order for it to reach values that we've seen before and all hope for, I firmly believe that we need to get the 2nd layer and lightning network implemented as soon as possible.  Just my two satoshis.
I agree with you and to be honest i dont think its easy for the bitcoin to be accepted as the world currency...im not talking about blokchain generally but bitcoin as a kind of investment will be much better...about the world currency i think the usdt or any other stable coin will be more acceptable for the majority of people.
full member
Activity: 1554
Merit: 123
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August 11, 2021, 02:37:49 AM
#88
so far bitcoin is increasingly in demand by the public, there are even countries that have recognized bitcoin as a currency in their country, this proves bitcoin in the future it is likely that many countries will legalize bitcoin.
sr. member
Activity: 668
Merit: 257
August 10, 2021, 04:10:03 PM
#87
if we say, bitcoin is the currency of the future, we can say yes, because we can see bitcoin continues to grow, and many of us have adopted bitcoin, even large companies have accepted bitcoin, and there are governments that have legalized bitcoin, but we need to realize bitcoin cannot replace central money, fiat currency..
No matter how effective bitcoin is for dealing with financial problems, it will not completely replace fiat. firstly bitcoin cannot be fully controlled by the government, secondly the uneven development in all corners of the world makes many limitations related to the operation of cryptocurrencies which are highly dependent on technology. the government might make adjustments to digital money, which is more user-friendly and easier to monitor.

In a world where Bitcoin replaces fiat, I think a lot of other things would have changed too. We will have governments and no anarchy as we will have violence and the state has the obligation to protects its citizens from that violence. If there was no state, there would always be groups who seek to claim control over other groups. For as long as there are governments, I think that there are also fiat currencies. It is the only way for them as of now to force people to pay their taxes. Without taxes, states would probably collapse one after another.
full member
Activity: 770
Merit: 113
August 10, 2021, 03:31:49 PM
#86
if we say, bitcoin is the currency of the future, we can say yes, because we can see bitcoin continues to grow, and many of us have adopted bitcoin, even large companies have accepted bitcoin, and there are governments that have legalized bitcoin, but we need to realize bitcoin cannot replace central money, fiat currency..
No matter how effective bitcoin is for dealing with financial problems, it will not completely replace fiat. firstly bitcoin cannot be fully controlled by the government, secondly the uneven development in all corners of the world makes many limitations related to the operation of cryptocurrencies which are highly dependent on technology. the government might make adjustments to digital money, which is more user-friendly and easier to monitor.
hero member
Activity: 1498
Merit: 711
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August 10, 2021, 03:14:08 PM
#85
Can bitcoin be used by everyone equally with transaction speeds that exceed credit cards at the cash register?
At least to be able to become a currency ruler, Bitcoin must be able to become more universal and also easier to use, whether it's online or offline.
In some cases, BTC is better used for alternative payments other than FIAT, where the nature of BTC is very suitable for anonymous transactions.
Already bitcoin is now influential and also an universal currency currently, i can say that bitcoin want to take over fiat in terms of transaction than any other digital currencies, from my understanding towards cryptocubutrrency, nothing that can't be purchase without cryptocurrency more especially bitcoin, except it's a situation where by the company or industry is ignorant of acceptance of cryptocurrency for exchanges, majority of people currently prefer payment with bitcoin instead of fiat due to it's values and it's adoption globally.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
August 10, 2021, 02:35:03 PM
#84
Bitcoin have always been said to be the future money because of its features that are really futuristic ever since it was created and have existed on which it is in line with the continuously growing modern environment we are living right now. People are seeing its worth and importance compared to before wherein they are realizing the benefits they can acquire through it compared to the accustomed way of living with fiat. Bitcoin have something more to offer but does not give it a way for fiat to be neglected for the reason that both can still co-exist even if so people are wondering that Bitcoin is the future money.
jr. member
Activity: 546
Merit: 1
August 10, 2021, 02:28:22 PM
#83
Yes it can be the future of money,and it's not for that we can use bitcoin like dollar in all over the world.because there are many big industries are accepting bitcoin like dollar or local currency.and  some countries also taking bitcoin.so in my opinion bitcoin will be accepted like Mony very soon.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 10, 2021, 12:30:15 PM
#82
Can bitcoin be used by everyone equally with transaction speeds that exceed credit cards at the cash register?
At least to be able to become a currency ruler, Bitcoin must be able to become more universal and also easier to use, whether it's online or offline.
In some cases, BTC is better used for alternative payments other than FIAT, where the nature of BTC is very suitable for anonymous transactions.
hero member
Activity: 1232
Merit: 500
August 10, 2021, 10:09:34 AM
#81
if we say, bitcoin is the currency of the future, we can say yes, because we can see bitcoin continues to grow, and many of us have adopted bitcoin, even large companies have accepted bitcoin, and there are governments that have legalized bitcoin, but we need to realize bitcoin cannot replace central money, fiat currency..
hero member
Activity: 1400
Merit: 770
July 20, 2021, 10:37:18 PM
#80
It's because the globe has drifted to the internet.
Yes, maybe the future of physical money will be less and less. They will shift to more practical digital money. But for the next 10 years I think many countries will be able to follow suit. Several experts have predicted this day and were right. The internet will turn into a basic need, because everyone uses the internet for transaction activities. But I think paper money will still be used.
full member
Activity: 1176
Merit: 100
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July 18, 2021, 11:49:01 AM
#79
The development of btc is currently good, many people are starting to know it and learn about it. Of course it's good for the development of btc or crypto itself where if more people get to know crypto, the price can also go up. With this good development of btc, there are some countries that prohibit the existence of btc with their own country policies. If you say btc is the money of the future, yes, that's true, but to replace central money it will be difficult where not all countries can accept policies from the crypto world. Right now I think btc is good as an asset where if we can manage it well then it will be profitable especially if the price is high in the market.
for now it is true that not all countries can accept policies from the crypto world but rest assured for the next generation they will definitely prioritize digital currency over fiat.
newbie
Activity: 12
Merit: 1
July 18, 2021, 11:43:49 AM
#78
As far as the community is treating it with the way as expected in the whitepaper. Crypto will be used as a currency. There are some challenges but over the period, things will improve and we will see a developed inclusive crypto ecosystem.
member
Activity: 753
Merit: 15
mulierum.com
July 18, 2021, 08:45:20 AM
#77
The development of btc is currently good, many people are starting to know it and learn about it. Of course it's good for the development of btc or crypto itself where if more people get to know crypto, the price can also go up. With this good development of btc, there are some countries that prohibit the existence of btc with their own country policies. If you say btc is the money of the future, yes, that's true, but to replace central money it will be difficult where not all countries can accept policies from the crypto world. Right now I think btc is good as an asset where if we can manage it well then it will be profitable especially if the price is high in the market.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
July 18, 2021, 01:24:11 AM
#76
Yeah, I have also had this same opinion that cryptocurrency should be allowed and people should be given the freedom to use whatever currency they decide to use, whether it is cryptocurrency or fiat. Although I know for sure that the government won’t be able to actually stop cryptocurrency users. They can only ban it and threaten to punish those that are caught making use of it.

And I know that there are going to be people who will become afraid to use cryptocurrency because of what the government has said. But those who knows how to go about it will always continue to use it by making use of decentralized exchanges and wallets.
member
Activity: 117
Merit: 28
July 18, 2021, 12:53:25 AM
#75
We need an alternative to fiat, but so far there is nothing that completely suits me.
What do you mean that there's nothing yet that suits you? i mean I am pretty sure that bitcoin is a great alternative to fiat because it's been used for trading already so I don't get why there's not a coin that suits your needs.

I agree with you, but Bitcoin is currently banned in many sovereign countries, such as China, which has closed most of the mines. Bitcoin has no corresponding payment scenarios in many countries, and legal currency is still the only one. payment method. As Bitcoin is recognized by more people, I believe our wish will come true, just like a post in a forum.

https://bitcointalksearch.org/topic/--5348182

I believe it will become more and more popular. I will do active work for this
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
July 17, 2021, 11:49:58 PM
#74
Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin.
Nothing good comes out without criticism. That the powers that be and various governments are bashing it succinctly for a decade now shows that there's something great about Bitcoin. You know, there's a local expression where I come from in Africa, "when people don't talk about you, you're nobody." The same applies to Bitcoin.

So why bitcoin as future money?
It's because the globe has drifted to the internet.
sr. member
Activity: 1666
Merit: 426
July 17, 2021, 05:01:17 PM
#73
Bitcoin offers everything that fiat currencies cannot provide at the moment. If one wants an asset where they can safely store their riches without the fear of it being stolen or destroyed, bitcoin could provide it courtesy of wallets, soft and hard wallets. It is decentralized, meaning there is no singular entity that could manipulate its price in the shadows while the smaller investors and consumers below are suffering. And compared to fiat currencies that continuously depreciate in value, bitcoin doesn't show signs of dropping its monetary worth at least in the general scheme of things.
legendary
Activity: 2534
Merit: 1338
July 17, 2021, 12:33:22 PM
#72
We had been already having enough the issues of centralized currency. Banks made abuses of their clients which is a complete difference when using bitcoin as decentralized currency. Whether they like it or not people will always chose what's best for them and that bitcoin is worth it to try.
Most times when we discuss bitcoin as future money, we always do so in biase. To put the facts straight. Bitcoin is presently a currency or money.
Secondly, can we stop envisaging a scenario where BTC will eliminate fiat or fiat eliminates BTC. These two are not in any war. They can co-exist, they can complement each other, we may have need of them in different times.
If Dollar existence does not threaten Euro or pounds, BTC existence should also not threaten Euro or Pounds, nor any other altcoins.
We don't pray for monopoly, it's no man's friend.
I agree that fiat currencies and bitcoin and other decentralized currencies will coexist for a very long time but I disagree with what you say about not being at war, this is a war, bitcoin is the natural enemy of fiat currencies and this is why governments do not like it one bit, and now they are finding out they cannot destroy it they are going to try to subvert it in the same way they did gold, by buying a lot of it and then eventually backing their currencies with bitcoin only to withdraw this at a later time.
copper member
Activity: 168
Merit: 4
July 17, 2021, 10:28:02 AM
#71
Most of BTC has been popularized in many countries around the world and even I use BTC, I think BTC is the currency of the future, we can't deny that. BTC now seems to be replacing fiat , and many countries consider BTC as payment currency.
sr. member
Activity: 518
Merit: 250
LIVECASINO
July 17, 2021, 10:26:32 AM
#70
if we say bitcoin is future money, it's still very far, friends, anyways, bitcoin is better for us to make an asset for our future, because if we make bitcoin the currency of the future, there will definitely be a lot of obstacles, bitcoin prices could fall make assets will no longer be profitable as it is now.
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