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Topic: Is bitcoin is the new era of currency? - page 111. (Read 72081 times)

member
Activity: 112
Merit: 10
February 27, 2017, 03:11:22 AM
Bitcoin is the market winner because it is the first mover and definitive transaction layer. It is immutable not only in terms of the software rules, but the single minded, rational ethos of its protectors, who will not allow any corruption, hysteria or short-term thinking to spoil or endanger the project.
Yes, it seems so, I'm very sure that bitcoin is money our future. This is because the more the increasing user bitcoin making fiat money left and also bitcoin is the best investment beside as money.
full member
Activity: 182
Merit: 100
February 27, 2017, 02:47:20 AM
Bitcoin is the market winner because it is the first mover and definitive transaction layer. It is immutable not only in terms of the software rules, but the single minded, rational ethos of its protectors, who will not allow any corruption, hysteria or short-term thinking to spoil or endanger the project.
hero member
Activity: 882
Merit: 500
February 27, 2017, 02:21:36 AM
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?
In my opinion everything will be able in the future with bitcoin .
First of all you should think that bitcoin is already getting  much  popularity and even at the current pistion of the bitcoin we can make buy and sell.our product only .
We have option to make online buy if items from the many sites the most trusted site to make buy the stuffs online is  purse.io that can't be forgettable by us , because for which we are thinking to be happen in the future is happening currently .
full member
Activity: 182
Merit: 100
February 27, 2017, 02:19:18 AM
For me, Yes.. Bitcoin is new era of currency because we make a lot of transactions using bitcoin. We can use btc for payment of our services or during our shoppings.
hero member
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February 27, 2017, 02:15:28 AM
Bitcoin for me is a new era of currency today because its now becoming very popular specially of the demand nowadays is getting so high and profitable. And as we see everyday there is changes in the price which everyone is waiting everytime, so its sustainability will be always encouraging people to use this currency and they always hope that this currency will soon be implemented worldwide. Hopefully all countries government will allow this new era of currency, and we can guarantee profit return to all who will be investing in the future.
hero member
Activity: 1190
Merit: 500
February 27, 2017, 01:55:58 AM
Yes!!!
Bitcoin is the new currency in the internet because it gives us an effective way and also an opportunity to make a money by the use of internet.
bitcoin for online payments can be said to have a good future. due to start many Internet users are using bitcoin for their payment. and much remains to accept bitcoin on the internet
legendary
Activity: 1245
Merit: 1004
February 27, 2017, 01:32:41 AM
I wouldnt say bitcoin is the new era, but that blockchain technology is the new era of currency. A lot of organizations are interested in blockchain technology and how it works. All of us bitcoin users know the advantages of blockchain tech. And who knows, maybe a new currency which makes even better use of blockchain will pop up.

"blockchain technology" beeing just another buzzword. One that even did not catched on out there.
"All of us bitcoin users know the disadvantages of blockchain tech." Would forecast years to come will feature some kind of legacy blockchain and some more advanced following up model.

Preaching "Blockchain" takes us nowhere.
member
Activity: 112
Merit: 10
February 27, 2017, 01:12:24 AM
I wouldnt say bitcoin is the new era, but that blockchain technology is the new era of currency. A lot of organizations are interested in blockchain technology and how it works. All of us bitcoin users know the advantages of blockchain tech. And who knows, maybe a new currency which makes even better use of blockchain will pop up.
hero member
Activity: 1806
Merit: 672
February 27, 2017, 12:59:17 AM
Is money 2.0.
If everyone have a smartphone and people accept it in their bussines, then is better than FIAT money.
Money 2.0?

Money 1.0 Commodity money
Money 2.0 Gold and silver coins
Money 3.0 Debased gold and silver coins
Money 4.0 Paper backed by gold
Money 5.0 Paper not backed by anything(Fiat)
Money 6.0 Credit cards
Money 7.0 Bitcoin and other crypto currencies
Money 8.0 Huh

And you could probably add some more items on that list, but I like the number 7 for bitcoin.
With the versions you have for a currency we can all agree that Fiat Currency is the most liquid of them all. In fact everyone accepts Fiat payment. I don't see a fast food restaurant accepting Gold or Silver as a mode of payment because what they are looking for is an instant liquid asset. From Fiat currency I think their 2nd option will be Credit Cards and Debit Cards which will become Fiat Currency too. Bitcoin on the other hand can also be converted to Fiat but I don't see it will be use in fast food transactions soon or any place that requires a Queue.
hero member
Activity: 1092
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February 27, 2017, 12:47:22 AM
Is money 2.0.
If everyone have a smartphone and people accept it in their bussines, then is better than FIAT money.
Money 2.0?

Money 1.0 Commodity money
Money 2.0 Gold and silver coins
Money 3.0 Debased gold and silver coins
Money 4.0 Paper backed by gold
Money 5.0 Paper not backed by anything(Fiat)
Money 6.0 Credit cards
Money 7.0 Bitcoin and other crypto currencies
Money 8.0 Huh

And you could probably add some more items on that list, but I like the number 7 for bitcoin.
hero member
Activity: 714
Merit: 500
February 27, 2017, 12:44:32 AM
All these virtual currencies that come out have to regulated first and must be centralized for them to be the future  money, unless we are allowed to be live in a world where there are no governments and no regulating bodies. For anything to prosper, the government must always have a say in it and must have control over it, otherwise it would just be another form of currency that can easily be forgotten or worse banned from a certain place.
sr. member
Activity: 882
Merit: 260
February 27, 2017, 12:28:23 AM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.

Exactly, there are chances that bitcoin will new era of currency but it will take time, because it is completely based on internet many people still don't know how to use internet. Still bitcoin is internet currency only, so government should make different scenario to develop this bitcoin into other form of income like digital currency into real world also.
As bitcoin grows, people will get more matured with using internet as well, time will tell and I'm sure if people sees there is a good benefit of using bitcoin they will not hesitate to learn from learning how to do the basics. Bitcoin might be called as currency under our own definition but definitely it will just always be a substitute to fiat and as substitute, it cannot replace the original currency.
Certainly yes. Without fiat money, bitcoin is nothing since you can't use a money if you can't convert it into physical money. Bitcoin was designed to be used only as digital currency, not for daily lives. However, it's worth it to undrstand how bitcoin works. It would really help a lot of people.
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February 27, 2017, 12:07:06 AM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.

Exactly, there are chances that bitcoin will new era of currency but it will take time, because it is completely based on internet many people still don't know how to use internet. Still bitcoin is internet currency only, so government should make different scenario to develop this bitcoin into other form of income like digital currency into real world also.
As bitcoin grows, people will get more matured with using internet as well, time will tell and I'm sure if people sees there is a good benefit of using bitcoin they will not hesitate to learn from learning how to do the basics. Bitcoin might be called as currency under our own definition but definitely it will just always be a substitute to fiat and as substitute, it cannot replace the original currency.
hero member
Activity: 644
Merit: 500
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February 26, 2017, 11:40:02 PM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.

Exactly, there are chances that bitcoin will new era of currency but it will take time, because it is completely based on internet many people still don't know how to use internet. Still bitcoin is internet currency only, so government should make different scenario to develop this bitcoin into other form of income like digital currency into real world also.
hero member
Activity: 1190
Merit: 534
February 26, 2017, 11:31:33 PM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.

Theoretically, any new coin with large market cap, best core team and huge community (user base) can beat bitcoin in terms of popularity and price but practically I don't see any such possibility in near future. Being the early player, bitcoin has already inculcated it's potential so far.
sr. member
Activity: 364
Merit: 250
February 26, 2017, 11:03:27 PM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.
Yes we all here are hoping that bitcoin can be a new currency even on the online world only. But there are many obstacle to be passed in order to make bitcoin as a legal currency that can be used worldwide , because some of the countries has banned bitcoin.
but developed countries such as America and Japan already regulates the use of bitcoin. This means that they do not consider bitcoin as intruders which must be banned. bitcoin is a technology that makes all our transactions faster and more convenient. so bitcoin could be the new era of currency.
sr. member
Activity: 784
Merit: 250
February 26, 2017, 04:34:01 PM
Yes I think that it can be the new era of money but we still have to see this of course because nothing is sure these days.
in fact it is the currency of new era, because the new generation are giving preference to computer, interment and to crypto currency as they like online shopping therefore for this purpose they are giving preference to bitcoin as crypto currency.

Bitcoin  for now can be the new era of currency within the vicinity of internet world only. But not in the physical aspects like the currency of each nation where they can use there money wherever they go. While bitcoin in reality is not, though I'm a bitcoin fanatic I like that someday bitcoin will be use in all aspects of business.  
legendary
Activity: 2492
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February 26, 2017, 11:20:23 AM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.
Yes we all here are hoping that bitcoin can be a new currency even on the online world only. But there are many obstacle to be passed in order to make bitcoin as a legal currency that can be used worldwide , because some of the countries has banned bitcoin.
sr. member
Activity: 1176
Merit: 252
February 26, 2017, 11:12:54 AM
I believe that bitcoin will be a new era of currency. today many altcoin are trying to replace bitcoin, but no one can do that. bitcoin become the currency that has the highest price on the internet. I'm sure, sooner or later, the world will certainly use bitcoin as a currency.
hero member
Activity: 1498
Merit: 586
February 26, 2017, 10:57:43 AM
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 we can buy our needs and necessities thru it, we can send our bitcoin funds to out atm cards, and then we can use our atm cards to buy foods, to buy gadgets or to pay our bills,but I think time will come banks will finally know about this and they will get interested on how, when at what to do with this currency and suddenly they will get curious about this and they will finally make a card or atm  for this,a universal atm so that you can enjoy your bitcoins everywhere.
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