If governments wanted to stop Bitcoin, they would tried much harder. So far only few countries have banned Bitcoin, and few countries made specific regulations regarding Bitcoin, most simply keep ignoring it, so there's no need to look for conspiracies and look for persecution when there is none.
As for future money, people that same think 10 years, ago, and that future is today, yet adoption remains low, and the growth rate is quite slow.
Topic: Future money! - page 3. (Read 587 times)
Because more and more people know cryptocurrency and use it, and some countries set it as legal tender, the usage rate will be higher and higher, but because the market is very big, there will be many swindlers to get in, you have to be careful when using cryptocurrency
yes it is true what you say. Stop arguing that bitcoin is a substitute for money because in reality they are not competing. They have their own values and needs. They can continue to grow side by side without eliminating any of them. So why do we have to worry about being the winner among them.
I also really hope that Bitcoin and fiat can co-exist, because they are really needed, so I agree that they are not competing. Actually, the thought emerged that Bitcoin would replace fiat, it was just the government's fear of not being able to control Bitcoin. Even though Bitcoin was created
from the start not to replace fiat, but as an alternative to fiat. So there really is no competition between fiat and Bitcoin.
With more and more institutions deciding to invest in Bitcoin in the long term, it is not surprising that eventually Bitcoin and fiat can co-exist.
The problem is that there are still many corrupt officials in several countries, who do not want to recognize Bitcoin, because of the difficulty of
corrupting through Bitcoin. Because Bitcoin is so easy to track, there are also governments that reject Bitcoin on the grounds that its price is volatile.
So for Bitcoin to be accepted in all countries it may take a long time. But I believe sooner or later the government will realize the benefits of Bitcoin
for human life.
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.
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.
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.
after I saw your thread I went to do research to see if there was any more news that I hadn't seen because in the last days or weeks or months I'm not seeing governments chasing bitcoin, because everything I'm seeing is just the opposite, many governments are being more tolerant towards bitcoin, for example even people who were the hard core of governments against bitcoin today appear on the news channels talking moderately about bitcoin.
government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money
Definitely, the government cannot stop the development or adoption of Bitcoin and altcoins. It already becomes a new trend nowadays, people are starting to join it massively. Even big people in the world already buy Bitcoin or altcoins, a perfect example: Elon Musk. With this phenomenon, the future of Bitcoin and altcoins are very promising. Even if it won't replace fiats, it will be one of the popular currencies in the world then.
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.
What the governments can do is enforce a ban on trading or exchange, which will result in people having crypto but not being able to do anything about it, some countries are already on the move. However, most remain neutral, but not for long.
Nowadays only some of the governments speak upfront about their attitude toward Bitcoin. But as the things are developing quickly, more people are using Bitcoin each day, more companies are expressing an opinion about it - things won't go on like that for long, and all the countries will have to make a decision.
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.
Nowadays only some of the governments speak upfront about their attitude toward Bitcoin. But as the things are developing quickly, more people are using Bitcoin each day, more companies are expressing an opinion about it - things won't go on like that for long, and all the countries will have to make a decision.
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.
It may be one of the future currencies that will be adopted and used for payment methods, more to worldwide.
Even we know the nature of Bitcoin, we must also know that the use of money in a country will be really influenced and regulated by the government. And we cannot use it in our country if this is still not legalized.
They cannot stop Bitcoin. But, with their strict regulation about the means of "money", we can't do many things. It will be always limited to several merchants only that receive Bitcoin, which cannot be used for daily life payment as what "money" doing right now.
But once more, we don't know the future yet.
Even we know the nature of Bitcoin, we must also know that the use of money in a country will be really influenced and regulated by the government. And we cannot use it in our country if this is still not legalized.
They cannot stop Bitcoin. But, with their strict regulation about the means of "money", we can't do many things. It will be always limited to several merchants only that receive Bitcoin, which cannot be used for daily life payment as what "money" doing right now.
But once more, we don't know the future yet.
That's true, no matter how the governments want to slow down the progress of bitcoin on their countries. They just can't stop if it's the people that are proclaiming bitcoin as the future money. But they can impose ban yet still, they only are slowing down the thrive of bitcoin on their countries but not bitcoin's growth. Because it will continue to grow as much as they want as bitcoin is a decentralized cryptocurrency and it's the money of the people without central powers controlling it.
Bitcoin brings freedom to everyone and this is the reason why people are more into crypto right now than staying with fiat who are in full control with the government.And now that bitcoin is clearly gaining more interest and possibly adoption in the next years, then it will be very clear for us that bitcoin is the future money. And for this to be more possible, bitcoin should not always be as an investment or asset but rather it should be used by now as a currency in the countries who already adopted it.
That's true, no matter how the governments want to slow down the progress of bitcoin on their countries. They just can't stop if it's the people that are proclaiming bitcoin as the future money. But they can impose ban yet still, they only are slowing down the thrive of bitcoin on their countries but not bitcoin's growth. Because it will continue to grow as much as they want as bitcoin is a decentralized cryptocurrency and it's the money of the people without central powers controlling it.
Cryptocurrencies are indeed quite effective in overcoming problems that cannot be solved optimally by fiat. but we also have to realize that this system will not work optimally if there is no internet, right? so like it or not, we have to use them side by side, according to each other's needs.
I agree that cryptocurrency is called future money, by maximizing technology and its decentralized system provides a lot of freedom and convenience. indeed there are many pros and cons, which is why many governments cannot completely reject the presence of cryptocurrencies.
I agree that cryptocurrency is called future money, by maximizing technology and its decentralized system provides a lot of freedom and convenience. indeed there are many pros and cons, which is why many governments cannot completely reject the presence of cryptocurrencies.
Bitcoin will not be the world currency but it shapes the future that's for sure. Because it's definitely a good alternative to fiat right now. Yeah, it has systematic problems also like scalability. But these problems are not impossible to be solved too. In the future, I think Bitcoin will still be a strong alternative.
Only time can answer that. This ecosystem continues to grow, who knows one day there will be a solution to overcome government doubts so that cryptocurrency adoption can be applied more widely. at least we can be here earlier, and be part of the financial system revolution.
Bitcoin will not be the world currency but it shapes the future that's for sure. Because it's definitely a good alternative to fiat right now. Yeah, it has systematic problems also like scalability. But these problems are not impossible to be solved too. In the future, I think Bitcoin will still be a strong alternative.
I agree with you, bitcoin is future money. Indeed, currently countries and governments are trying to slow down bitcoin and other cryptocurrencies. But in future I'm sure they will accept bitcoin. Blockchain technology is the best technology, and it is in bitcoin. Sooner or later bitcoin will be more and more popular and will be used by all countries.
Bitcoin is already gaining popularity everyday. The Government actually thought they could control Bitcoin as first, but is impossible, Bitcoin operates in an decentralized system. Bitcoin can't be controlled by anyone. I know with time, the government will be left with on other option than to accept and legalize Bitcoin.
Our vision of the future of money, and it's something else than a pure free crypto world world, also its potentially uncrackable.
I dare to say: this is not the next gen of block-chain, this is something different, it's a system to generate an information singularity and hide it in the chaos of the Akashic record.
It could be the definition itself of universal economic peace.
@Null Coin Economy & The Virtual Tax Generation System
We have just posted the blueprints on this forum, see if you can understand it, we don't want your money, we don't want only your full consideration and help in making it a reality of you fancy.
In a way you could also be already receiving money from us unbeknownst to you, in your CORE account since 1st of Jan 2020, to help for your Covid losses.
Regards,
QED E8
I dare to say: this is not the next gen of block-chain, this is something different, it's a system to generate an information singularity and hide it in the chaos of the Akashic record.
It could be the definition itself of universal economic peace.
@Null Coin Economy & The Virtual Tax Generation System
We have just posted the blueprints on this forum, see if you can understand it, we don't want your money, we don't want only your full consideration and help in making it a reality of you fancy.
In a way you could also be already receiving money from us unbeknownst to you, in your CORE account since 1st of Jan 2020, to help for your Covid losses.
Regards,
QED E8
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'm not sure this will work very well because Bitcoin is basically a decentralized and independent system, besides that Bitcoin is also volatile and very difficult to predict.when Bitcoin is made into money in the future I don't think this will work very well because with its fluctuating nature it could be very profitable if Bitcoin increases and it will be very detrimental if Bitcoin decreases.
besides that we have always used Fiat and paper money or real money and to replace these two things will take a long time and adaptation so this will not work very well.
So why bitcoin as future money?
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?
At this time bitcoin is widespread throughout the country but bitcoin still cannot be used as a legal currency, but there are already signs that bitcoin in the future will be used as legal payments without having to erase real money. We can't use Bitcoin in all applications but only a few applications are willing to accept bitcoin as a means of payment and imagine if we live in the future we certainly imagine bitcoin can be used as a legal payment in all countries.
It's everyone's dream that bitcoin be the currency of the future but then, it won't be more than it is, being a virtual currency and an alternative to fiat. Though, its going to have a lot of short coming as, not all merchants would have required technology to get this going. Also, the problem of transaction confirmation would also be there.
It's not all about the nations that have refused to approve of bitcoin for a currency but then, bitcoin haven't perfected itself as a currency. Another thing is, its highly unstable or though I hope this won't be much of an issue but then, it does contribute in a way as to the value attached to what is being offered or rendered in terms of service.
It's not all about the nations that have refused to approve of bitcoin for a currency but then, bitcoin haven't perfected itself as a currency. Another thing is, its highly unstable or though I hope this won't be much of an issue but then, it does contribute in a way as to the value attached to what is being offered or rendered in terms of service.
if we look at the traces of bitcoin, ranging from zero to one, and now bitcoin has been held by many people, and has been used as an asset, there are even some governments that have legalized bitcoin, it can be said that bitcoin has become a bright future, most likely bitcoin have the opportunity to become a currency in the future..
I agree with you, bitcoin is future money. Indeed, currently countries and governments are trying to slow down bitcoin and other cryptocurrencies. But in future I'm sure they will accept bitcoin. Blockchain technology is the best technology, and it is in bitcoin. Sooner or later bitcoin will be more and more popular and will be used by all countries.
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