If we all live in a virtual world, will bitcoin become its official currency? - page 2.

krishnaverma

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Quote from: Impulseboy on October 19, 2018, 08:36:54 PM

I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?

Get out of dreams and go to work.

Now, let us assume that we live in a virtual world, I would like it to be free from currencies or money. Desire for money is the root of most of the human problems.

wizardcrypto

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www.daxico.com

if we actually live in a virtual world there will lot of altcoins that will be use as a medium of financial transaction . many companies will develop their token they can trust and use it for their daily business activities between then and their client or customer as the case may be . also countries will also have their coins that is legalize by the government for example the "Petro" altcoin in venezuela is a typical example of cryptocurrency that will be used in a virtual world .

elpape225

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Bitcoin is a very cool thing. Like the whole cryptocurrency, you will soon be able to pay credits and ordinary currency and other products, I believe that cryptocurrency will be a step for us in the future. Grin

Diced90

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Get'em boys

I think it is quite probable that by the time we have proper virtual reality, technology would be advanced enough that there wouldn't be cash but crypto money.

basyang

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Quote from: Impulseboy on October 19, 2018, 08:36:54 PM

I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?

Well, I think if we only have one currency to use I think it is bitcoin. Because its a long time ago into number rank in the crypto world besides of many alt coins or new coins developed today still we are sticking in Bitcoin and pushed it in the some countries to legalized it. Bitcoin is also famous today and if you asking some people who have a knowledge then you will find out that many of us are choosing bitcoin.

happy weblancer

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Quote from: h0lybyte on October 19, 2018, 08:48:31 PM

Bitcoin is already utilized more than any other coins in the world, it may become global currency in condition if governments regularize its use in respective countries.
Also, some altcoins like ethereum, usdt may live longer or forever but there are almost shitcoins with no future means

I also think that it is quite acceptable that Bitcoin will become the main currency of exchange and another 2-3 cryptocurrencies. But at the same time, other cryptocurrencies will exist on separate platforms, about 50-100.

RodeoX

legendary

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The revolution will be monetized!

Maybe it's all just a sim? It's surprising how many serious scientists think this could all be an illusion. Undecided

https://en.wikipedia.org/wiki/Simulation_hypothesis

Reid

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Watched that movie too and somehow it could make you go way far into imagining things. Grin

It may be bitcoin at the first pick as a official currency since it aint controlled.
That is how a virtual world should be.
In the real world though, the internet world should already be using bitcoin as a means of payment for everything but we are still way far that since there are government issues.
One problem when there is different government and different ideas.

Leyss

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Quote from: Impulseboy on October 19, 2018, 08:36:54 PM

I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?

It must be borne in mind that not all people have the opportunity to spend a lot of time on the Internet. They mostly live and work in our rough physical world and are unlikely to ever engage in cryptocurrency. Cryptocurrency will not be the dominant currency in the world; it was created not to replace other currencies, but to go along with them. This will be one of the many varieties of payment systems. While it is difficult for us to foresee how far cryptocurrency will go, however, this type of currency has very good prospects.

Blanca_Gregory

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Absolutely! If we are in the virtual world and I assumed by this time countries will no longer exist, then it's definitely possible that bitcoin will become its sole currency. Things would be so much better in the virtual world if we only have one coins to use and that is bitcoin. Although, do you think the price of bitcoin will still matter in the virtual world? Or will it finally have stability?

Juggy777

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Quote from: Impulseboy on October 19, 2018, 08:36:54 PM

I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?

I think you're confused as that movie is all about a virtual world which is not reality, meanwhile bitcoins is described as a virtual currency but it's real. I don't think one needs to wait for virtual world, as many countries are getting their own virtual coin, and bitcoins dominance is growing. I don't think one currency is enough for the entire world, there'll always be room for more currencies.

MohamedJones

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As Bitcoin is used and popular more than any other coin it has the potential to be the primary virtual currency. The currency might become global if the government of the respective countries allow them. Bitcoin has a big possibility of becoming the main currency for virtual transactions but, it is still speculation and can't be said for sure and also how fast the transactions will be if it happens.

tegarp90

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Quote from: Impulseboy on October 19, 2018, 08:36:54 PM

I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?

That would be so fun if the future will be like that Cheesy

I'm sure there will be one currency left in the future, i'm not saying it will be bitcoin but i think the closest candidate to able doing that is bitcoin Cheesy

Davidbaecker

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Yup, in virtual world, naturally the currency will be bitcoin. Even if we are slightly in the digital era, we are already getting the advantages and facilities of bitcoin, and in virtual world, that'll be like a blast and might be the only one too.

Haven Coffey

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Bitcoin is already considered to be the future of the digtal world. If we ever enter a cashless virtual world, there is a big possibility that bitcoin would become its official currency. Its really a scenario from a future far far away.

Zander Berger

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Considering all the facts it is safe to say that the Bitcoin will become the official currncy of the virtual world along with some of the stable and reliable Altcoins. However, BItcoin will be the most dominant and widely used coin. Other ltcoins like the Etherium will also be there, but they won't be able to cover as much as Bitcoin.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: Impulseboy on October 19, 2018, 08:36:54 PM

do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?

Bitcoin is used to trade for a long time, be it virtually or in the real world and since it is the first coin and the sheer number of users using it makes bitcoin the go to coin when it comes to crypto market. Any coin which makes business easier with low transaction fees and immediate confirmation will win the race in the long run.

Quote from: Kakmakr on October 20, 2018, 04:17:51 AM

I predict that we will have some kind of Blockchain based Crypto currency for every country in the real world, very soon.

With the way things are going we might see every country coming up with their own crypto currency but the fact remains that we need a decentraziled currency without the intervention of any goverment or central authority and bitcoin will thrive in those situation on principals alone.

Bittalk12

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Good question! If we are living in the virtual world, bitcoin will still be the main or top currency in virtual world but we also have to keep in mind that business is business. Competitors will pop out and they will be called altcoins which offers or claims a better service right? Cryptocurrency is a virtual money so those thousands of altcoins will surely be used to that virtual world.

Kakmakr

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I predict that we will have some kind of Blockchain based Crypto currency for every country in the real world, very soon. We do not have to incorporate this into virtual worlds, for this to be a reality, because we can implement this in the real world. There are currently several countries that are moving towards a cashless society and Crypto currency is just one of the technologies that can help them to achieve this goal.

I doubt that Bitcoin would become a global reserve currency, because the world are simply to divided to accept one currency. Roll Eyes

Bagaji

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Assume we live in a virtual world bitcoin will definitely become the number one currency to be consider for use. Bitcoin has clearly demonstrated to us it potentials on a long term purpose, so far it's the most patronize cryptocurrency and number on on CMC. Live in a virtual atmosphere with bitcoin existence will mean many fun as it will be a global currency.

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