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Topic: Is bitcoin is the new era of currency? - page 102. (Read 72081 times)

hero member
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I can say that bitcoin maybe is the new era of currency because in some other countries,banks and malls are already recognizing bitcoin.Honestly bitcoin is already in the top of all currencies,its just that not all people are aware of it.

yes you are right that bitcoin is the new era of currency as it is the currency that provide a lot of services and the most wonderful thing about bitcoin is that its price is increasing very much and  also i think it is a currency that a lot of people are using it and the rate of investors is also increasing rapidly and all these things can proof the importance of bitcoin.
sr. member
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I can say that bitcoin maybe is the new era of currency because in some other countries,banks and malls are already recognizing bitcoin.Honestly bitcoin is already in the top of all currencies,its just that not all people are aware of it.
hero member
Activity: 574
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I would definitely say that Bitcoin is the new era of currency. It is slowly becoming mainstream as more and more people are using it. However, if we want it to really become the new era of currency, a lot more people will need to start using it. But for me, it is definitely the new era of currency.

Saying that people must use it now is like pushing them to use bitcoin, if bitcoin is really the new era of currency, people will willingly use bitcoin without anyone pushing them to use it. With it's price and maybe some of it's characteristics, people will really like it, with the technology advancing, currency will do too, and bitcoin just open up a hole to the future.
Right now, I find bitcoin to be a nice investment moreso than a currency. I like to hold what I earn and just spend a portion for small purchases. We are fast becoming an interconnected world where a purchasing stuff online is becoming a regularity and with bitcoin being accepted in more  of these online (even offline stores) shops, there’s clearly a bright future for it in the digital currency world.

Ofcourse people will not use the money to buy stuff that rises in value, and the its the money that is used to buy stuff is called a currency. To have a consumeristic society you have to have inflationary currency. Many economists have noticed that people act as if they were rational most of the time, at least at a statistical level. If people see that they can buy more later they will wait, as is the case with money rising its value. If people see that money loses value they hurry to buy more before their currency would allow them to buy less.

Actually. if a bitcoin would be the currency of the future, it would drive the economy to a collapse. At least the economy based on consumption, that is. If the future economy would look different, that would be obviously a different case scenario.
hero member
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Bitcoin and all digital currency is most definitely the new era of currency, and while it won't likely be in my lifetime or yours,  I predict Bitcoin and similar crypto will eventually be accepted in place of tangible funds. 

At the right time, it will be acceptable because it started to be more popular now, we are the reason why
it is successful now and we have benefit for supporting bitcoin.
Now that the value is high, it's time to realize our dream, if you are satisfied go sell it.
Indeed, Don't be greedy in holding bitcoin because if you will just continue holding bitcoin without a target price then you will just lose the opportunity and you will not be satisfied with your earnings. Bitcoin price is not stable so the price now is not forever and there is still a chance for the bitcoin holder to lose money so if i were, i will sell at least 75% of my bitcoins and the rest will be keep in the safe place.
legendary
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Bitcoin and all digital currency is most definitely the new era of currency, and while it won't likely be in my lifetime or yours,  I predict Bitcoin and similar crypto will eventually be accepted in place of tangible funds. 

At the right time, it will be acceptable because it started to be more popular now, we are the reason why
it is successful now and we have benefit for supporting bitcoin.
Now that the value is high, it's time to realize our dream, if you are satisfied go sell it.
hero member
Activity: 868
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

We can only say that it is the new era of currency once it passed certain standards as governed by banks in different areas of jurisdiction. Thus, it needs to be centralized so as to conform to both local and international currency standards.

To date, Bitcoin has been used to buy goods in some areas. Hence, I guess it will be not far too long for it to be accepted as a form of payment in more jurisdictions. 
hero member
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I would definitely say that Bitcoin is the new era of currency. It is slowly becoming mainstream as more and more people are using it. However, if we want it to really become the new era of currency, a lot more people will need to start using it. But for me, it is definitely the new era of currency.

Saying that people must use it now is like pushing them to use bitcoin, if bitcoin is really the new era of currency, people will willingly use bitcoin without anyone pushing them to use it. With it's price and maybe some of it's characteristics, people will really like it, with the technology advancing, currency will do too, and bitcoin just open up a hole to the future.
Right now, I find bitcoin to be a nice investment moreso than a currency. I like to hold what I earn and just spend a portion for small purchases. We are fast becoming an interconnected world where a purchasing stuff online is becoming a regularity and with bitcoin being accepted in more  of these online (even offline stores) shops, there’s clearly a bright future for it in the digital currency world.
full member
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Bitcoin will be the currency in this new era but only one whether other countries can accept bitcoin as a new currency.
sr. member
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Bitcoin and all digital currency is most definitely the new era of currency, and while it won't likely be in my lifetime or yours,  I predict Bitcoin and similar crypto will eventually be accepted in place of tangible funds. 
legendary
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Yes bitcoin for me is a new era as a currency that must be accepted in the community, whether the government accepted bitcoin as a currency in this new era, maybe the government does not agree.

yes of course bitcoin is the new era of currency as it is a digital currency and a new technology so people are attracted toward it and also in this era people prefer to technology that's why a large population is using bitcoin, and i think a time will come that bitcoin will be legalized by the governments.
Many countries now are adopting the change or they call it to advanced, and because of that they must be accept bitcoin or adopt it because the future is ahead of us whether they like or not the time will accept it because the bitcoin now is keep on growing and the community of it so if the users of it keep growing many of them are making a way to be a part of it in they country.
hero member
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I see many people out of work now who can't find jobs in the real world, working and freelancing to earn Bitcoin and other digital currencies. I think for many people this is the only way forward and the only way to survive. I see on Facebook now most of my friends only talk about Bitcoin this and Bitcoin that and post all about Bitcoin on their walls.
yes i see it also, if they dont find a job that suited for them, they will  want to earn bitcoins for their, future needs , when dont want to dont have any money in their wallets , they will find another alternative which is this bitcoin. this will be their part job if they dont have a job , it will support their needs and provide income for their families.
hero member
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Indeed, bitcoin sure gave us a lot of opportunity for us to earn more. In bitcoin there is a lot of way to earn as the technology develops so if the development will continue until the future where more people will going to be engage to bitcoin. As bitcoin follow the principle of law of price and demand if many people will be going to be open on accepting bitcoin the price or the value of bitcoin will sure pump resulting for more business and more transaction choices to bitcoin.
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yes it is the new era of currency, and i agree with you, people get interested din bitcoin more than before its because of the value of it nowadays, people thinks that bitcoin is a big help to our needs, and they are correct, it is a new ear of currency i agree, and i hope that people all over the world will accept it too as one the currency to be accept.
sr. member
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Yes bitcoin for me is a new era as a currency that must be accepted in the community, whether the government accepted bitcoin as a currency in this new era, maybe the government does not agree.

yes of course bitcoin is the new era of currency as it is a digital currency and a new technology so people are attracted toward it and also in this era people prefer to technology that's why a large population is using bitcoin, and i think a time will come that bitcoin will be legalized by the governments.
People who are using bitcoins and are aware about the benefits attached with bitcoins will surely keep on using bitcoins in long term as they are very well aware that its not only an currency but its also can be an best investment for future if they invest in it at the right time and no doubt price is higher now but still its an best time to invest money in bitcoins.
hero member
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Yes bitcoin for me is a new era as a currency that must be accepted in the community, whether the government accepted bitcoin as a currency in this new era, maybe the government does not agree.

yes of course bitcoin is the new era of currency as it is a digital currency and a new technology so people are attracted toward it and also in this era people prefer to technology that's why a large population is using bitcoin, and i think a time will come that bitcoin will be legalized by the governments.
full member
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

i think bitcoin is new value of currency in the internet because for today its give to us for another opportunity to make money in the internet. and bitcoin is not new money, its like commodity in the stock market, and its trade in the market exchange. and for the future, i think bitcoin is ready to become one of the one cryptocurrency and i think bitcoin can be use to buying foods and everything else, but its need sometime before its applied in the internet, but if you search on this forum, you can found that you can buy something like cloth or else on amazon but with third party website.
Indeed, bitcoin sure gave us a lot of opportunity for us to earn more. In bitcoin there is a lot of way to earn as the technology develops so if the development will continue until the future where more people will going to be engage to bitcoin. As bitcoin follow the principle of law of price and demand if many people will be going to be open on accepting bitcoin the price or the value of bitcoin will sure pump resulting for more business and more transaction choices to bitcoin.
legendary
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Yes bitcoin for me is a new era as a currency that must be accepted in the community, whether the government accepted bitcoin as a currency in this new era, maybe the government does not agree.

It is the new era of currency because technology is upgrading and people are looking for some more upgrades when it comes to finance. I can see that even there's no approval or acceptance by the government for bitcoin. It will still be the new era of currency because many of us are using it for good, transactions and investment.

Bitcoin is uncontrollable not like other currencies that the government can surely control that is why some countries are banning bitcoin, it is uncontrollable with it's price the ecosystem of every currencies was broken because of bitcoin dollar is not the upper most value currency no more, and now it is continuing to increase more and more each passing time!
hero member
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Yes bitcoin for me is a new era as a currency that must be accepted in the community, whether the government accepted bitcoin as a currency in this new era, maybe the government does not agree.

It is the new era of currency because technology is upgrading and people are looking for some more upgrades when it comes to finance. I can see that even there's no approval or acceptance by the government for bitcoin. It will still be the new era of currency because many of us are using it for good, transactions and investment.
legendary
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Yes, it's true bitcoin will be the new currency era for the world and the transaction tool for its users, as it is safe for and how many countries of the world will receive bitcoin.

But people tend to use it for the negative purposes more than seeing it as a new technology which can make people's life better. We have seen the "Ransomeware" virus asking for money in Bitcoins as it is difficult to trace. Crypto currencies are the new era of currency and people should know about them.

No they dont. The hacker that creates the ransomeware was offering a ransome for bitcoin as it has a features that cant be tracable. Having bitcoin as ransome is good as you cant trace where you would put it. you just have an idea what was the bitcoin address but the user behind that address is still unknown.
That is the disadvantage of bitcoin as of now, the feature of being anonymous so the people especially those who doesn't have any knowledge in bitcoin thinks that bitcoin is a bad currency because of the past ransomware attacks but they didn't know that bitcoin was used because of being untraceable and i think this is the counterpart of being good investment

The anonymity feature of Bitcoin is not a leading factor here

Long before Bitcoin criminals had been using fiat and digital fiat as well, and you had to pay the ransom to offshore accounts. In my view, the hackers chose Bitcoin because it allows fast payments across the whole world and is easy to obtain. If there were neither Bitcoin nor other cryptocurrencies around, they would have just used good old dollars demanding them to be sent to an account in some obscure country opened with counterfeit or stolen documents. Bitcoin just makes the whole process easier for both parties involved, so to speak
hero member
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I would definitely say that Bitcoin is the new era of currency. It is slowly becoming mainstream as more and more people are using it. However, if we want it to really become the new era of currency, a lot more people will need to start using it. But for me, it is definitely the new era of currency.

Saying that people must use it now is like pushing them to use bitcoin, if bitcoin is really the new era of currency, people will willingly use bitcoin without anyone pushing them to use it. With it's price and maybe some of it's characteristics, people will really like it, with the technology advancing, currency will do too, and bitcoin just open up a hole to the future.
full member
Activity: 206
Merit: 100
I would definitely say that Bitcoin is the new era of currency. It is slowly becoming mainstream as more and more people are using it. However, if we want it to really become the new era of currency, a lot more people will need to start using it. But for me, it is definitely the new era of currency.
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