Topic: Future money! - page 5. (Read 587 times)

if we look at the traces of bitcoin, since the first appearance many doubted, and did not believe, many people were afraid to play in bitcoin, but slowly bitcoin gave us motivation, and now many are holding bitcoin, and we can make buying and selling transactions in several applications, and now there are countries that accept bitcoin as a currency that
legit, slowly but surely, if we look at the traces of bitcoin, it is very likely that bitcoin will become money in the future..

bitcoin comes to give us warmth when we are cold, bitcoin teaches us to manage our finances, indeed we know many people are against bitcoin, there are also governments that shut down their banks to not accept bitcoin, but despite many obstacles, and they are against bitcoin, I believe bitcoin will continue to grow, and maybe one day bitcoin will compete with fiat currencies,,

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.

yup, even though they're against, it's still impossible to take it down as long as there's a million of people believing that cryptocurrency is a future money., indeed even before it's a big issue for them. But see crypto still alive and despite it shown a big improvement in the market since 2017 until now. So how much more in the future?. For me believe no matter what government trying to with crypto they can't destroy it because it has a strong support. And infact if it's possible that they can slow down crypto maybe it already happened, wherein that time crypto market isn't huge like this in my opinion.

I see that we're all trying to be optimistic about having bitcoin as the future money or something that will soon replace fiat. Although it will be hard, we can somehow be certain that at some point in the future, we will see that happening. Maybe it can occur whilst reigning beside fist where in the two will be compatible on making the world's monetary system much better. There's nothing wrong with hoping but we should take considerations first of the circumstances that bitcoin might face as it approaches being a legitimate currency.

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.

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.

Alternative to fiat
Decentralized design
Built with open source codes
Gives privacy to those that want privacy
Limited supply
Appreciative over only time period, a source of wealth for holders

But, yet, bitcoin is not the only future money, being an alternative makes it better, the reason we can even compare it with other currencies.

You are right. But many people are now leaving their Bitcoin on centralized exchanges which are subjected to central control, depriving centralized service users of the freedom. Many people nowadays do not know what private key is even all about because all they are using is centralized services. But the fact still remain not you key not your coin.

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?