Future money! - page 2. | Bitcointalksearch.org

dimonstration

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Quote from: TribalBob on July 17, 2021, 07:30:26 AM

I agree with you that the government can't stop people who believe in future money from happening right now in the present. because the ownership of money and the regulation of private rights without government interference,
after all bitcoin is also a substitute for fiat money, providing privacy to those who want privacy
and the supply is limited

People keeps on finding ways to not interfere on government rules which comes crypto that governments trying to control too. There are plenty of ways now to not be traced but it is better if governments will just accept the fact that the generation is evolving and many where finding ways to be convenient as well profitable which crypto gives without governments consent.

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Quote from: just_Alice on July 15, 2021, 06:35:03 PM

~snip~

I think in about 5 years we will see a major division: a group of countries that fully accept Bitcoin and, perhaps, develop some functional financial systems for people to use it, and a second group would be the countries that are straightforward against Bitcoin.

Looking at El salvador maybe that will happen in the future. They have legalized Bitcoin as a currency there. They will accept all payments using bitcoin. But some reports say that it has also been opposed by the World Bank.

Maybe 5 years is too short, maybe more than 5 years. Some countries of the world do not have a balance of technology, it will hinder the development of digital currencies

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Quote from: rosenbauer02 on July 14, 2021, 06:07:55 AM

Bitcoin has been known now globally and other countries are trying to slow down the inevitable bitcoin as future money. Yes, government do afraid of bitcoin consumption fear of getting their people into which believe that bitcoin is scam.

Which country/government thinks that bitcoin and crypto currencies are a scam? There maybe one or two, but most of them doesn't consider crypto currencies as a scam (not talking about those obvious shit coins). And I don't think the government is scared for their people who are using crypto currencies. They aren't slowing down anything. In fact, they are trying to understand it better and integrate it with the current financial system.

Quote from: rosenbauer02 on July 14, 2021, 06:07:55 AM

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.

Really? Did your bank "abuse" you? Lol, then there are hundred more banks. Why not move to them?

BIT-BENDER

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Quote from: Kakmakr on July 15, 2021, 12:44:38 AM

There is this general misconception that Bitcoin has to replace all Fiat currencies and that Satoshi Nakamoto created this technology to replace Fiat currencies.

I have also thought that everyone can be excited am crypto-currency and still when they choose use Fiat, I don't think the world need a currency for everyone, if am in USA for any reason, I think I would be fine using the dollar when it's convenient in US but when am purchasing things from my local country I use the local currency.
And if bitcoin was to be unrivaled in future some of difficulty we face now, although not worse than Fiat but are still problems, like delay confirmations and more needs happen is less often than it happens now.

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Quote from: TribalBob on July 17, 2021, 07:30:26 AM

I agree with you that the government can't stop people who believe in future money from happening right now in the present.

But We should underlined this words, the government can't stop who believe but can make some regulations which is a restriction. People who believe in future money can still use their choice if the amount of people is large and they can make a massive movement to spread the freedom of financial system with BTC..

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I agree with you that the government can't stop people who believe in future money from happening right now in the present. because the ownership of money and the regulation of private rights without government interference,
after all bitcoin is also a substitute for fiat money, providing privacy to those who want privacy
and the supply is limited

clint25n

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at this time we all know that very many people hate bitcoin because all of us.know that bitcoin today.brings such.a big change for the progress.of the world.economy and a lot.of changes.are happening, even almost ordinary people hate bitcoin with their opinions.public they have built, but everyone will feel very confident.that bitcoin.can bring about a change in.the nature of crypto adoption.for the future

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so like this, the government has any policy against bitcoin in their respective countries. but believe me the state can't do anything about bitcoin,. such as the example of stopping bitcoin, banning bitcoin or deleting bitcoin is impossible because bitcoin does not have a central office. so the country's policy towards bitcoin must have a reason

Each country does have its own rules regarding Bitcoin, which is where most countries only accept Bitcoin as a digital asset and cannot be used
for payments. But now some countries are starting to open up to Bitcoin, for example El Salvador has legalized Bitcoin. And I believe that in
the future many countries will legalize Bitcoin for payments, so I agree that Bitcoin will become future money. But not to replace fiat, Bitcoin will
only be an alternative to fiat. No country is capable of erasing or killing Bitcoin, because Bitcoin can't be controlled, as long as there is a supply
and demand, Bitcoin will still exist.

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Quote from: Renampun on July 16, 2021, 02:58:30 PM

Quote from: rosenbauer02 on July 14, 2021, 06:07:55 AM

...

Am I right? What do you think?

yeah..Bitcoin is the future asset and currency of the world...

negative news or FUD will continue to be circulated by the government in order to fight the increasing number of people who use Bitcoin, the government is more supportive of what they can control but Bitcoin can't. Bitcoin will continue to be strong, everything the government does to suppress Bitcoin will always be in vain.

They are supposed to give support for Bitcoin but instead, they are first to oppose its existence.
I respect their decisions but I have some faith that they will soon open their minds and embrace the new technology. It is likely they just need some proof of its legitimacy and we are providing them.

Despite these struggles, we can see that the crypto market even grow more and stood still strong even we are tested by FUDs and banning from other countries. We still able to survive even without having a hundred support from the community and it can soon be a legal currency in the coming days.

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Quote from: rosenbauer02 on July 14, 2021, 06:07:55 AM

...

Am I right? What do you think?

yeah..Bitcoin is the future asset and currency of the world...

negative news or FUD will continue to be circulated by the government in order to fight the increasing number of people who use Bitcoin, the government is more supportive of what they can control but Bitcoin can't. Bitcoin will continue to be strong, everything the government does to suppress Bitcoin will always be in vain.

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Quote from: NicNacCoin on July 15, 2021, 06:35:37 PM

Bitcoin would be a global currency but not now . It would be someone future money like pension money at the end of age. It would be secured money for widows. I reserve Bitcoin for my child and wife for better lifestyle.

Bitcoin global currency is not something which will happen over night. The governments will never let this happen and they don't want to lose the control over the financial system if this happens.

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Quote from: Rajamuda on July 15, 2021, 08:05:25 PM

Bitcoin is indeed not a fully legalized currency in all countries, but the advantages are indeed capable and more visible in its increasing popularity until now, this is really a part of the future's things.
In essence, the government is still too concerned about bitcoin's risks.
even though the government seems to be slowing down bitcoin, bitcoin will not weaken, I think the government will slowly realize that bitcoin is a part of people's lives in terms of finance, which is indeed worth taking.

Everyone is looking forward for a legal adoption of every government on the existence of cryptocurrency today especially bitcoin. The popularity of bitcoin or cryptocurrency today is unstoppable and many more people get involved with cryptocurrency, many got curious about this future money and yeah there are already many who have gained a great profit from this platform. And I think the biggest advantage of this platform is its decentralized essence which a government wouldn't have any control of it which I think maybe the reason why some of the country's have had announced it as banned.

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Quote from: NicNacCoin on July 15, 2021, 06:35:37 PM

Bitcoin would be a global currency but not now . It would be someone future money like pension money at the end of age. It would be secured money for widows. I reserve Bitcoin for my child and wife for better lifestyle.

why do you think like that? I think you are being overconfident by saying bitcoin will be global money in the future.
because it needs some adjustments and I'm not sure it's acceptable to everyone.
just like and don't expect something like that to happen

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Quote from: Whibu on July 16, 2021, 10:30:59 AM

Bitcoin is the money of the future, I believe in this even though now many people are against it.
The convenience that Bitcoin has is much better when compared to the Fiat Money that we now use.
But it's not that easy for us to use Bitcoin as a currency, because the very volatile value of Bitcoin makes many people worry. So for now Bitcoin is more suitable for trading and investing in the future for profit.

I agree with your opinion, if we look at bitcoin's footprint, bitcoin must have a very good future, and which will certainly be held by all elements, but for us to make bitcoin as a currency, I think it's still early, and not yet the time, because bitcoin for now is better for us to make assets so that we can generate profits in the future..

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Quote from: Whibu on July 16, 2021, 10:30:59 AM

Bitcoin is the money of the future, I believe in this even though now many people are against it.
The convenience that Bitcoin has is much better when compared to the Fiat Money that we now use.
But it's not that easy for us to use Bitcoin as a currency, because the very volatile value of Bitcoin makes many people worry. So for now Bitcoin is more suitable for trading and investing in the future for profit.

The high volatility of bitcoin is definitely a great barrier for fast adoption of crypto. People worry that if they own crypto, the value will suddenly decrease making them totally devastated. But i don't think this concern will not be addressed once bitcoin becomes an option to fiat. Once the government accepts and legalize bitcoin as part of financial system, then they will surely find solution to this how to lessen volatility.

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Bitcoin is the money of the future, I believe in this even though now many people are against it.
The convenience that Bitcoin has is much better when compared to the Fiat Money that we now use.
But it's not that easy for us to use Bitcoin as a currency, because the very volatile value of Bitcoin makes many people worry. So for now Bitcoin is more suitable for trading and investing in the future for profit.

maxreish

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Partly, yes bitcoin may somehow pass the requirements of being an anlternative money for online transactions. Because we are talking about future here and technologies as the time goes are well improving together with innovations. If future money means online transactions, the only issue I am pretty sure that could be the problem is the volatility.

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Quote from: rosenbauer02 on July 14, 2021, 06:07:55 AM

Bitcoin has been known now globally and other countries are trying to slow down the inevitable bitcoin as future money. Yes, government do afraid of bitcoin consumption fear of getting their people into which believe that bitcoin is scam.

Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin. If we will make a scanning on the blockchain, millions of dollars worth of bitcoin has been has been transacted everyday which means that bitcoin is something they try to avoid but they can't stop the people in using bitcoin.

So why bitcoin as future money?

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.

I am not saying that centralized currency should be remove instead I am trying to emphasize the freedom of an individual to use whether bitcoin (decentralized currency) or stable currency (centralized currency like dollar).

Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.

Am I right? What do you think?

Agreed.

People brought bitcoin to where it is today... it is the support of people that has made bitcoin grow to where it is now and has made it attractive to organizations and more recently governments.

And yes, way too many people are invested now with way too much money and the developed nations recognize at this point that an outright ban is neither feasible nor wanted.

Ultimately we are going to see these countries regulating bitcoin a lot further than it is currently, but in the long term this will just make it a viable investment asset for very large players that are currently avoiding this space becasue of lack of regulation as compared with other asset classes.

suzanne5223

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Yes, after the institutional investors joined the Bitcoin investment, Bitcoin is know globally but I believe some governments that are against Bitcoin not some countries cause the country is govern by a certain government and we shouldn't expect all government to welcome Bitcoin due to it decentralization. However, they are not against Bitcoin because it was used for illicit transaction as the OP believe and the fun fact is that 1% of all illicit transaction are done through crypto while 5% are through USD alone.

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Quote from: Rajamuda on July 15, 2021, 08:05:25 PM

Bitcoin is indeed not a fully legalized currency in all countries, but the advantages are indeed capable and more visible in its increasing popularity until now, this is really a part of the future's things.
In essence, the government is still too concerned about bitcoin's risks.
even though the government seems to be slowing down bitcoin, bitcoin will not weaken, I think the government will slowly realize that bitcoin is a part of people's lives in terms of finance, which is indeed worth taking.

maybe because the nature of bitcoin is contrary to the nature of banks today, so the government cannot control bitcoin, unlike banks that use a centralized system. but no matter how hard the government tries to stop it, bitcoin is still running and even growing like what happened earlier this year.

That is what we want from bitcoin and bitcoin has that chance in the future. If people realize the potential of bitcoin and want to use bitcoin like the other people who already use bitcoin, that can help bitcoin grow more than now. At that time, the government will be hard to stop bitcoin or prohibit people from using bitcoin because people already get benefits from bitcoin.

Topic: Future money! - page 2. (Read 587 times)