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Topic: How helpful Bitcoin in future? - page 13. (Read 1550 times)

hero member
Activity: 3052
Merit: 651
August 02, 2018, 05:21:59 PM
#26
If you are using credit cards then it will be easy to see how it will go.

Payment changed from cash which is paper into plastic cards. Debit or Credit. This way the banks will be the one paying what you bought. So there is a connection between the management of the shop and also the bank. They need to be in sync to do that.

It will be faster with bitcoin and also without paper works or traces of it. If a shop accepts it then a simple QR code could do the transaction as long as you have a balance for it.

We are seeing all converted to USD and they still prefer it that way. But it will change. It is the future so no one knows but I am looking forward to see that.
full member
Activity: 308
Merit: 100
August 02, 2018, 05:20:06 PM
#25
The benefits of the BTC, as well as cryptos in the future, are the replacement of fiat currency to become the most popular currency in the world, making the transaction faster and more convenient than ever. With fiat currency, the multinational bar is tough and very expensive, and with cryptos, it is effortless and convenient.
sr. member
Activity: 1400
Merit: 259
August 02, 2018, 05:16:22 PM
#24
It is as just you say. It depends on one country. We cannot do much if the verdict is already done and they say it is banned from one country.
Now those who accepts it and one example is Japan is already making transactions using it. As payment for groceries and other stuff as long as bitcoin is accepted.

Our privacy is already stained and we have to deal with that. We still want security and specially our money to be private. Now, bitcoin is offering that to us. For now, the large fluctuatiom is a problem but soon it will be calm and we can store our money using bitcoin.
full member
Activity: 2548
Merit: 217
August 02, 2018, 05:14:02 PM
#23
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?


Everyday the new technology are fast progress upgrading bitcoin is connecting to the new technology as digital money, Mass adoption of bitcoin of every country as legal currecy gives better lives and gives better economic growth to the country, i think some country not yet accept bitcoin i believe if some country progress their economy because of bitcoin adoption they can follow and accept bitcoin as legal tender.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
August 02, 2018, 05:03:02 PM
#22
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?
Don't look to that situation that bitcoin isn't legal to those countries but rather look at the brighter side on how bitcoin influences the market.

See on how your alts are bleeding while bitcoin has been good and still during those bloody days but not for now because bitcoin's also bleeding for a while.
sr. member
Activity: 604
Merit: 252
August 02, 2018, 04:32:40 PM
#21
Maybe the Bitcoin itself in the material aspect is not very useful because there are new projects that overcome the technical alternatives of Bitcoin, but the question that raises its name and its function is the doors that it opened. Thus the symbolic aspect may be worth much more than the energetic aspect of the question, remembering that i do not mention the mining aspect but the material energy side. To conclude Many paths can be opened with the crypto in general and that is my opinion.
newbie
Activity: 196
Merit: 0
August 02, 2018, 04:24:58 PM
#20
i don't doubt the great future of bitcoin when i have heard of many people testimony , good turning around i belief my own future is bright in crypto currency market,
member
Activity: 420
Merit: 24
August 02, 2018, 04:10:40 PM
#19
Most of us used bitcoin as a store of value. Bitcoin can give us real profit in the future if we just hold for how many years. There are lots of lives who were changed when bitcoin's value last year December 2017 touched around $19k. Aside from making profit, bitcoin is useful as well if we want to avoid cross border fees. There are still a lot of benefits that bitcoin could possibly help us in the future. We just have to wait and see for new updates about the blockchain and see what the future will bring.
member
Activity: 196
Merit: 10
August 02, 2018, 04:00:30 PM
#18
I believe that in the future bitcoin will be a leader in the cryptocurrency market and will be in demand.
jr. member
Activity: 175
Merit: 1
W12 – Blockchain protocol
August 02, 2018, 08:44:42 AM
#17
I can't answer you with 100% certainty, but I can tell you what I think about it. Bitcoin will be very important in the future, and most likely it will be used by many. And in General, it has a very strong impact on the crypto-currency market now, and most likely, it will be so later.
member
Activity: 672
Merit: 10
August 02, 2018, 08:42:29 AM
#16
I think in the future there will be the utilization of bitcoin which became digital currency for payment. We know now that many people have a bitcoin but as aset investment traded rather than as a means of payment.
legendary
Activity: 1386
Merit: 1058
August 02, 2018, 08:40:06 AM
#15
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?
Bitcoin is as useful as gold or silver. Bitcoin is no longer the coin that we were hoping to get and become a global currency of the "people" so that we can decide on it. However it is still a great investment instrument for the millions here that try to make money off it.

In the future when people are having a portfolio that they will put their savings into there will be bitcoin at the side some where if you ask me, even the banks and investment firms will have an eye on bitcoin and when you are investing on that pharma company and insurance company you will put aside for some bitcoins as well on your portfolio. It will not be some "nerds money" or sorts and it will become more mainstream on investment world which it already began to be.
member
Activity: 742
Merit: 10
August 01, 2018, 05:06:49 AM
#14
Bitcoin can be helpful in the future in terms of payment. Rather than using the paper money bitcoin is much comfortable to use in terms payment
sr. member
Activity: 518
Merit: 250
Fast, Smart, Trustworthy
August 01, 2018, 04:50:01 AM
#13
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?
Bitcoin can be useful in the future only if it starts to improve, rather than swim in the fog of glory. New technologies already allow much faster operations and at a lower rate than more and more attract new investors. And the adoption of bitcoin at the state level is still at the level of rumors and assumptions.
full member
Activity: 504
Merit: 131
August 01, 2018, 04:49:45 AM
#12
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?

As obvious alternative to gold and fiat for value storage I do not see Bitcoin going away at any stage. Also a lot of crypto trading still relies on Bitcoin. People first buy Bitcoin to then using it to buy their favourite ALT. I would always prefer Bitcoin about any of its forks.
member
Activity: 182
Merit: 10
August 01, 2018, 04:47:22 AM
#11
For me, the essential benefit of bitcoin right now is making money. This opens up a new market with great dynamics. And the technology of blockchain is already in demand.
newbie
Activity: 196
Merit: 0
August 01, 2018, 04:44:48 AM
#10
When you have fiat money on a debit card, in fact the bank owns the money and can freeze it, mistakenly write it off and so on. When it comes to bitcoin, there are only owners of crypto currency and there are no banks. So I think it’s popularity will only grow as payment usage
hero member
Activity: 1568
Merit: 511
August 01, 2018, 04:37:38 AM
#9
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?

Well, Bitcoin are likely to be use as a choice of deflation instrument than real life usage IMO
However, scaling technique like LN could make it faster because bitcoin transaction speed is just awful at least for me

Right now, the only country that i know which put huge pressure on Crypto is China for now, not sure about others
jr. member
Activity: 280
Merit: 1
August 01, 2018, 04:35:33 AM
#8
I am sure that someday Bitcoin will become a means of payment that will be used by everyone in the world, Bitcoin will be used by all countries without any limit, we already know that there are some countries that use and have legalized Bitcoin as a means of payment, we just need time to see Bitcoin accepted by every country and we can pay anything by using Bitcoin.
member
Activity: 294
Merit: 10
August 01, 2018, 04:33:29 AM
#7
Hey everyone i want to know about how helpful bitcoin in future? Give the real life example! As you know in many country bitcoin is not legal,so behalf of that give your opinions?
To express my opinion I want to quote Tim Draper's words, who made over $1 billion by getting early on Twitter, Skype, Tesla:"In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant... there will be no reason to have the fiat currencies."
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