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Topic: Is bitcoin is the new era of currency? - page 103. (Read 72081 times)

newbie
Activity: 56
Merit: 0
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.
hero member
Activity: 2590
Merit: 644
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.
sr. member
Activity: 630
Merit: 250
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.
hero member
Activity: 1078
Merit: 504
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.
full member
Activity: 230
Merit: 100
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.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
yes there is no doubt  about this. it is really the new era, as the new generation is already taking too much interest here as they are interested in online business and shopping.

In this technology generation , online money were in demand ,it does provide a convenient for its user who are too busy or having a full schedule. Its a new era for it seems to be the most appropriate online money that have all we need.
Everyone can use bitcoin because it is really a good online currency but would it interest most of the people in this world? The answer is simply now, it will not because they do not need it, also we do not need all the people to adopt to see a progress or success of bitcoin because as of today, we are successful already.
sr. member
Activity: 376
Merit: 250
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
yes there is no doubt  about this. it is really the new era, as the new generation is already taking too much interest here as they are interested in online business and shopping.

In this technology generation , online money were in demand ,it does provide a convenient for its user who are too busy or having a full schedule. Its a new era for it seems to be the most appropriate online money that have all we need.
hero member
Activity: 798
Merit: 501
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
yes there is no doubt  about this. it is really the new era, as the new generation is already taking too much interest here as they are interested in online business and shopping.
hero member
Activity: 1722
Merit: 528

It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.



That is the prediction of many experts, the future will hold a innovative world where people start to relax and robots do their work, they will be paid and pay without handing any money and nust tapping on your phone or computer. I think that time bitcoin will not be a digital currency, but a digital asset, with its price, it is like more than an asset, than a currency.
legendary
Activity: 2954
Merit: 1153

It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.
Bitcoin will only be able to compete with fiat in whatever form if certain implementations such as lightning network are being put to work.

Bitcoin as it is simply can't compete with fiat in daily situations. Look at how much difficulties we have to go through to even make pools signal support for SegWit.

Imagine how that will be with lightning network. Miners will work against Bitcoin even harder than they are doing right now with SegWit. Miners aren't happy that they will lose influence when lightning network is implemented.

I agree at this current state, bitcoin cannot compete in mainstream yet.  There are lots of improvement needed for bitcoin to be able to compete against fiat currency but  I believe, if bitcoin is not the new era of currency, it at least give way for the development of  the new era currency.
legendary
Activity: 1526
Merit: 1179

It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.
Bitcoin will only be able to compete with fiat in whatever form if certain implementations such as lightning network are being put to work.

Bitcoin as it is simply can't compete with fiat in daily situations. Look at how much difficulties we have to go through to even make pools signal support for SegWit.

Imagine how that will be with lightning network. Miners will work against Bitcoin even harder than they are doing right now with SegWit. Miners aren't happy that they will lose influence when lightning network is implemented.
member
Activity: 97
Merit: 10

It's true that the future of money will be digital. At some point, all fiat money will be digital. Many countries know that all money will be digital, and they don't want Bitcoin to be competing with the money they'll be issuing.
Some countries in Northern Europe are already implementing laws that are promoting a cashless society. When all money becomes digital, the only difference between Bitcoin and digital fiat money will be, do you want the government to be backing the currency or not. There won't be any other difference.



member
Activity: 111
Merit: 100
Bitcoin is definitely next level stuff. And it is the 1st wave of the next level. The super wealth will participate in the next level.
legendary
Activity: 3080
Merit: 1500
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?

Bitcoin is a great innovation and definitely it is the new world currency. Currently it is being used for mostly online transactions but with the increased adoption, we may see people using it for food and other item in future. But bitcoin is not made to replace fiat in any way. So if it doesn't happen, I don't see any reason for worry. Because bitcoin is mainly investor's heaven. No other investment will give us that much profit which bitcoin can give.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
it can be stopped by other altcoins if Bitcoin can not improve the blockchain system, decrease the fees and increase the speed of transaction. bitcoin has proved that currently, it can not maintain a significant number of users and if the situation can not be fixed, Bitcoin will be defeated by other altcoin

we cannot do about it at this moment, the slow transaction is being resulted from the more users of the blockchain technology of bitcoin.Hence , I know that Bitcoin is now taking action from that problem and now trying to resolve all the mess from that problem.

I hope that is actually what is happening now.
But we dont have the facts to back it up so we are all waiting for this
Just because bitcoin grew in price doesnt mean they should be abusing it.
It is and should be the vice versa.
The lower it is the more will use it and profits will come faster to those who buys smaller fees.
sr. member
Activity: 630
Merit: 250
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
it can be stopped by other altcoins if Bitcoin can not improve the blockchain system, decrease the fees and increase the speed of transaction. bitcoin has proved that currently, it can not maintain a significant number of users and if the situation can not be fixed, Bitcoin will be defeated by other altcoin

we cannot do about it at this moment, the slow transaction is being resulted from the more users of the blockchain technology of bitcoin.Hence , I know that Bitcoin is now taking action from that problem and now trying to resolve all the mess from that problem.
sr. member
Activity: 750
Merit: 258
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
it can be stopped by other altcoins if Bitcoin can not improve the blockchain system, decrease the fees and increase the speed of transaction. bitcoin has proved that currently, it can not maintain a significant number of users and if the situation can not be fixed, Bitcoin will be defeated by other altcoin
hero member
Activity: 966
Merit: 506
I could certainly say cryptocurrencies are new era of currency if not bitcoin alone. Moreover, it is not just about currency. Blockchain technology is itself a big innovation. It provides decentralised transactions between everyone and in future between everything when Internet of Things will become more prominent.

 Bitcoin started this and now we see a lot of altcoins making up a real digital currency world where we see no sign of paper money etc. No more involvement of government in regulating the currency as digital currency is decentralized and control by the people themselves.
hero member
Activity: 658
Merit: 505
Bitcoin has proved long time ago that is the new strenght in the financial world and something that should be respected. Bitcoin and cryptocurrencies in general can't be stoped anymore and I think everyone realise now that have find their place in finances and something that will be more and more present in the future.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
I think so, Bitcoin as opening a new era of finance and economics. The birth of BItcoin based on blcokchain hierarchical technology is the foundation for many more types of money later on. The value of Bitcoin is very high and it is dominating the electronic money world. Bitcoin has gone through gold. However, to earn Bitcoin it is not as easy as you say, we need to spend a lot of time and effort to get it. If you have some skills then you can earn more

Now, it's difficult to make any money, not just bitcoin. But unlike the national currency, bitcoin will rise in price and this will give us additional income. This is a very convenient way to store and multiply capital
Bitcoin is a awesome and great alternative payment methods and we are getting benefits of the price increase..
If you have your own business i am sure that you can gain a lots of profit because of the price increase
But for now it is really hard to make bitcoins if you dont have any business or service that you can offer you can only earn few bitcoins but since the price was increase we can gain a good profit with small bitcoins..
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