Topic: How do you see cryptocurrency 10 years from now? - page 2. (Read 1328 times)
The state of cryptocurrency in 10 years will not be totally different from what we have now. I believe the system has already evolved and not too much will change. The only difference I anticipate is its legalization by the countries considered to be powerful.
I know this is speculation and everyone is wondering and writing about the price of bitcoin in 10 years but I have an indirect response to it. Its still about the price but its also adoption.
Adoption is the key element to make bitcoin high in price too because the more people use it the more people will buy it as well, in order to use bitcoin you need to buy it but you do not have to sell it, you can keep it, even though 90% of it will be sold (lets assume) that means 10% will be left in the market so if 100 dollars is bought and 90 dollars is sold than 10 dollars stayed in the market, that is exactly why we need adoption. In the last 10 years there has been a lot of increase in adoption but it was something quite new, now in the next 10 years there will be more and more so its gonna be awesome.
Adoption is the key element to make bitcoin high in price too because the more people use it the more people will buy it as well, in order to use bitcoin you need to buy it but you do not have to sell it, you can keep it, even though 90% of it will be sold (lets assume) that means 10% will be left in the market so if 100 dollars is bought and 90 dollars is sold than 10 dollars stayed in the market, that is exactly why we need adoption. In the last 10 years there has been a lot of increase in adoption but it was something quite new, now in the next 10 years there will be more and more so its gonna be awesome.
Without fiat bitcoin is valueless, because the value of each Satoshi is calculated in terms of fiat. Upon the reality bitcoin won't get into removal of the fiat from usage. There will be integrated usage, and bitcoin will be more popular among people as an investment same as that people give importance to gold by this time. Importantly the generation will be completely dependent to technology and this makes the growth of bitcoin to be very high than other form of long-term investments.
The value of bitcoin is calculated in fiat because we are still the one calculating it in fiat, just like you have it here, you are tying it to invests, but bitcoin is actually supposed to be a currency on its own, when you spend bitcoin, it should be bitcoin, but the problem which people have just seen with bitcoin is because of its limited supply, and people wonder how such limit could really supply the billions of people we have in this world if bitcoin is to succeed as the global currency, I don’t know how it will but till it becomes global currency before we would be able to figure that out, but as you said, we still tie the measure of bitcoin to its fiat equivalent because we have not fully accepted the use of cryptocurrency as means of payment whole heartedly. You can look Bitcoin value from different perspective. Before you need 10k BTC for two pizzas, now with 1 BTC you can buy at least 500 pizzas. In 10 years maybe we
will be able to buy much more pizzas with 1 BTC!
You can apply that analogy on almost everything. If value rises you will be able to afford more things with the same amount of your tradable good, in our case Bitcoin.
Without fiat bitcoin is valueless, because the value of each Satoshi is calculated in terms of fiat. Upon the reality bitcoin won't get into removal of the fiat from usage. There will be integrated usage, and bitcoin will be more popular among people as an investment same as that people give importance to gold by this time. Importantly the generation will be completely dependent to technology and this makes the growth of bitcoin to be very high than other form of long-term investments.
The value of bitcoin is calculated in fiat because we are still the one calculating it in fiat, just like you have it here, you are tying it to invests, but bitcoin is actually supposed to be a currency on its own, when you spend bitcoin, it should be bitcoin, but the problem which people have just seen with bitcoin is because of its limited supply, and people wonder how such limit could really supply the billions of people we have in this world if bitcoin is to succeed as the global currency, I don’t know how it will but till it becomes global currency before we would be able to figure that out, but as you said, we still tie the measure of bitcoin to its fiat equivalent because we have not fully accepted the use of cryptocurrency as means of payment whole heartedly. 
Hey guys,
I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
I agreed on you about the crypto is the future money but erasing the fiat will never happen.cryptocurrency are virtual while the Fiat or paper money is physicalI was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
We are humans that has physical needs but we are also living in virtual world so for me these two are perfect combination to serve people.what needed to have is a right management and good governance for those two be working together today and the future
What I am hoping right now is that bitcoin should be getting a more common payment processing system, Libra could be totally like that but we have no idea. For example, I want to have a debit card that would allow me to spend bitcoin anywhere but I would be keeping my money in bitcoin without exchanging, the shop I am purchasing something is getting the fiat currency they want but I am spending only bitcoin.
Right now, very few places are doing that (or there are plenty of prepaid debit cards) however I want this to be a common practice, the more we get this around the people then the more everyone will start to realize bitcoin is not just a thing you buy and try to make a profit from but also a thing where you can earn/spend like a regular currency as well.
Right now, very few places are doing that (or there are plenty of prepaid debit cards) however I want this to be a common practice, the more we get this around the people then the more everyone will start to realize bitcoin is not just a thing you buy and try to make a profit from but also a thing where you can earn/spend like a regular currency as well.
Cryptocurrency is growing so fast .We are using it as a currency almost all over the world .Just think it how bitcoin has recovered from 3000$ to 12000$ in this year .It shows cryptocurrency is still a popular way of transaction .Not only as a transaction method lots new feature are adding here .So that the future of the cryptocurrency are quite shine. So i think after 10 years crypto will be the most usinng platform in the world for sure .Let's see what happen in the future.
Probably That may happened within 8-10years. With Due respect, Let you know that If ETF get approved for bitcoin, then bitcoin will be more polupar & trusted than now. Although many countries does not accept crypto as real money but nowadays world is being digital as well as many countries already does unrestricted bitcoin. So it's not impossible that world will accept crypto as real money.
And the question is, would they ever approve it? They understand the benefit of bitcoin to them and their economy, but the thing is, they cannot have their cake and eat all, bitcoin replacing fiat will completely collapse the dollar system which the United State has been using as one of the tools to remain strong and relevant in the market and despite that their fiat even does more harm in terms of corruption than cryptocurrency, they would not want to fully approve it. So, what you see them do is just to remain silent over it and allow the bitcoin to play by its own rule, and seems satoshi already knew this too, that is why he created a system that will serve as alternative to fiat and not a system that would replace fiat completely, we are just the ones making it look like it would replace fiat.
Hey guys,
I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
I agreed on you about the crypto is the future money but erasing the fiat will never happen.cryptocurrency are virtual while the Fiat or paper money is physicalI was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
We are humans that has physical needs but we are also living in virtual world so for me these two are perfect combination to serve people.what needed to have is a right management and good governance for those two be working together today and the future
10 years more surely the development of cryptocurrency will be increasingly widespread and accepted by many people, but crypto remains an alternative and will not be able to delete / replace the fiat function.
I'm gonna expect that 10 years from now we will be able to enjoy the fruits of our investment. Whatever coins we are holding now as long as it's legit and we see that the team is working, it has a chance to grow many times as that's the trend in crypto. In addition, as the adoption increases and crypto market more regulated, people would be confident to invests not only in bitcoin but in altcoins as well, so that gives us a for altcoins to grow and knowing they are very cheap now, they might grow 10 times or more over that long period of time.
Hey guys, I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take? Thanks!
I answer is still the same, it wont happen till the end of this world. Crytpo wont replace fiat globally, there are many countries does not accept crypto as real money because of its volatility while some countries has their own rules that a currency should have stable value to be accepted as real money. 
Hey guys,
I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
Another 5-10 years I guess.I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
Cryptocurrency is being hindered by some governments that don’t wanna have decentralized system in which people wanted to be,
Most of them are stopping their people to get their chance to have privacy on their money
But I know we are closer from being adopted worldwide.instead of rushing let’s just take time to let the market become mature and be acknowledged by the whole world
10 more years there will be more adoption, and if the governments from all over the world could have the same mindset then we will big revolution to the world, I believe one day btc could be used globally, 10 years we might see the mass adoption already taking place
I know it is a long wait for us to see crypto been legalized all over the world. But seeing that fiat could be wiped out and replace by crypto is something not to happen especially those areas who are limited access into the internet.
It is not important that fiat could be replaced, but the most important is we find crypto as a currency not just only an investment.
You says it's true rather than attempts to eleminating fiat i think we all should be more focus to makes governments around the world legalize crypto and admit crypto as the currency so we as crypto users can use bitcoin or altcoins regularly for our daily life and this is also my wishes for next 10 years and besides that i wish too there will be no more countries who consider crypto illegal on that yearIt is not important that fiat could be replaced, but the most important is we find crypto as a currency not just only an investment.
years we cant still assure into their acceptance.It would be still a long process to take on or debates would be made but i would like to see a crypto-friendly government worldwide.
Cryptocurrency's growth will slow dramatically as it becomes apparent that -- despite providing a practical solution to an intellectually stimulating academic computer science problem -- most people simply have no good use for it and simpler and less academically interesting solutions will work just fine. By 2029 or so it will have already become clear that cryptocurrency's impact on the world didn't even come anywhere near that of the fax machine's or even beanie babies.
I know it is a long wait for us to see crypto been legalized all over the world. But seeing that fiat could be wiped out and replace by crypto is something not to happen especially those areas who are limited access into the internet.
It is not important that fiat could be replaced, but the most important is we find crypto as a currency not just only an investment.
You says it's true rather than attempts to eleminating fiat i think we all should be more focus to makes governments around the world legalize crypto and admit crypto as the currency so we as crypto users can use bitcoin or altcoins regularly for our daily life and this is also my wishes for next 10 years and besides that i wish too there will be no more countries who consider crypto illegal on that year It is not important that fiat could be replaced, but the most important is we find crypto as a currency not just only an investment.
I know it is a long wait for us to see crypto been legalized all over the world. But seeing that fiat could be wiped out and replace by crypto is something not to happen especially those areas who are limited access into the internet.
It is not important that fiat could be replaced, but the most important is we find crypto as a currency not just only an investment.
It is not important that fiat could be replaced, but the most important is we find crypto as a currency not just only an investment.
Hey guys,
I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?
Thanks!
i believe in blockchain technology solutions and cryptocurrencies. in the near future blockchaşn technology will be much more popular but i dont think that it will eliminate the fiat currency totally. Because there will always be people that wants the old traditional ways.
I am pretty sure that most people around the world will start using and trading cryptocurrencies within the next 10 years, the prices of BTC, ETH and the similar powerful coins will increase highly as well, and this will encourage more people to hold them as well.
Briefly, we expect a shining future for cryptocurrencies in the coming 10 years.
Similar to other people, you only give ideas that come from random, more accurate, you are in the role of a user and you are encouraging, create a sense of security with your investment but the nature of the words of encouragement, these ideas are just events in the imagination, it is not a real story. The future is something that we cannot draw, we can only wait for it to come, and regardless of whether crypto's future is good or bad in the next 10 years, we should prepare for us different ways of retreat, not too confident and not too negative Briefly, we expect a shining future for cryptocurrencies in the coming 10 years.
10 years more surely the development of cryptocurrency will be increasingly widespread and accepted by many people, but crypto remains an alternative and will not be able to delete / replace the fiat function.
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