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Topic: Is bitcoin is the new era of currency? - page 126. (Read 72081 times)

legendary
Activity: 1204
Merit: 1028
September 27, 2016, 08:58:21 AM
#47
Yes to all your questions.  There is no doubt that bitcoin is the new era of currency although there were new cryptos out there.  But since bitcoin is the first and should we say the father/mother of all digital currency, indeed it deserves the title.  Sooner or later grocery stores will accept bitcoin as mode of payment.  Let us just keep on using bitcoin.
I'm having a super marker which also supplies groceries, accepts bitcoin payments. In order to survive in this digital era, every human must need bitcoin payment system. It is a currency for digital world.
newbie
Activity: 37
Merit: 0
September 27, 2016, 08:35:45 AM
#46
bitcoin for me is the new media in the financial system that could help the distribution of money in an economic system.
bitcoin is a technology that has many benefits.

i agree with you. bitcoin give us many benefits that's useful to make our life easier than before.such as sending money and anything else
sr. member
Activity: 336
Merit: 250
September 27, 2016, 08:35:14 AM
#45
Yes to all your questions.  There is no doubt that bitcoin is the new era of currency although there were new cryptos out there.  But since bitcoin is the first and should we say the father/mother of all digital currency, indeed it deserves the title.  Sooner or later grocery stores will accept bitcoin as mode of payment.  Let us just keep on using bitcoin.
legendary
Activity: 1008
Merit: 1060
September 27, 2016, 08:32:12 AM
#44
I think Bitcoin is the new era of currency. The reason for this is the fact that anywhere in the world, they accept Bitcoins. I know that they accept dollars as well but not every single person would accept dollars as payment because he would have to go to a money exchanger first and pay for fees. It's a lot of work for many people. But if you're going to pay for Bitcoin (to another Bitcoin user, of course), it would be perfectly okay because he can convert it into his local currency using his Bitcoin wallet.
hero member
Activity: 1638
Merit: 505
September 27, 2016, 08:27:42 AM
#43
bitcoin for me is the new media in the financial system that could help the distribution of money in an economic system.
bitcoin is a technology that has many benefits.
legendary
Activity: 1806
Merit: 1024
September 27, 2016, 08:22:41 AM
#42
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. [...]

You don't seem to understand what Bitcoin is. Bitcoin itself is real cash. It's clearly a much better form of money than fiat, because - among other aspects - it is not subjugated to interventionist monetary policy that inevitably leads to full devaluation. Bitcoin is a currency in its own right, it does not need to borrow legitimacy from fiat debt money.

New era of currency maybe not, but Blockchain perhaps yes.
Well you guys have to understand that even as times move on, bitcoin will also evolve. Im looking forward to new use cases. The bitcoin team are always testing out new protocols.

What utter nonsense! You seem to be falling for the blockchain hype, started by cognitive dissonant bankers that desperately try to thwart the fact that Bitcoin is a monetary revolution that will sweep away the fiat scam system, which is the justification of their existence. The real killer app of the blockchain is sound, decentralized cash (= Bitcoin), all other use cases are merely optional additions. In fact the blockchain is a highly inefficient way for most proposed use cases.

ya.ya.yo!
newbie
Activity: 39
Merit: 0
September 27, 2016, 08:22:20 AM
#41
i think that bitcoin will be currency like dollar but it will take time to understand it  and any govt will accept  it  but  before they will implement tax on it.
hero member
Activity: 560
Merit: 500
September 27, 2016, 07:32:29 AM
#40
Maybe but I think there is a low probability of it from happening since bitcoin till now depends on fiat to have a value, without fiat this time, bitcoin is nothing. It is a new value of currency in the internet but if it is in real life it is not since there are many people who still don't use it. Maybe in the future there will be a major event that will give bitcoin the push to overthrow fiat but the chance of it happening is low because fiat is backed up by banks and the government.
full member
Activity: 210
Merit: 100
September 27, 2016, 07:29:05 AM
#39
For today i think it is not but for couple years,decades later, it will become new era of currency in internet and will becoming one currency one world, there are not limited from people who use bitcoin around the world.
sr. member
Activity: 344
Merit: 250
September 27, 2016, 07:20:08 AM
#38
Lol funny to hear this because i know for sure that the bitcoin is not holding that long if the goverment is getting informations about the payments they make with illegal activities they need to find something else and that wont be good for the price of the bitcoin off course.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
September 27, 2016, 06:44:44 AM
#37
New era of currency maybe not, but Blockchain perhaps yes.

That is actually right because we can't expect Bitcoin to be able to survive in the future, because Bitcoin still needs so many improvement.
But the system (Blockchain) is already good, we just need to explore it a bit more.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
September 27, 2016, 03:01:42 AM
#36
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 best currency in the online market and many people earn from that, and you can buy foods, clothes or you can do online shopping by using your bitcoins. And there are some stores where you can buy things using bitcoins as a direct payment method. So bitcoin is also used in some offline stores. Hope you get your answer !!
hero member
Activity: 2128
Merit: 520
September 27, 2016, 01:40:14 AM
#35
I see bitcoon as a payment method for certain online services.
And I see bitcoins as a form of investment for people who are willing to put their money into a little bit more risky forms of investment.
But I don't see bitcoin to be the next us dollar.
The amounts that are traded and the market capitalization are still way to small to be able to talk about something like an era.
no one knows what will happen in the next era to come mate but for sure bitcoin will arise and will be recognized by many
countries it will make huge impact to all industry we shall continue to keep this cycle alive and let many people from our community
to recognized this coin.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
September 27, 2016, 01:37:22 AM
#34
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?
yes , it is new way of payment and new growing currency for the whole world . i think in the incoming time of future everywhere will a option for bitcoin . because of its huge it became a most succeful currency .
hero member
Activity: 658
Merit: 500
September 27, 2016, 01:28:29 AM
#33
If say about 10 000 000 people out of the estimated 7.8 billion people of the world are using it, it will not be seen as the new era of currencies. On the other side, Bitcoin has only been in circulation for about 7 years, or even less. We still have a long way to go, but because it is digital and fast, it would spread a lot quicker than fiat currencies. ^smile^
I think the development of bitcoin will depend on the growth of users as well, so I think if bitcoin users reaches hundreds of millions of users or even reach 1 billion, I can imagine that bitcoin is very famous and popular, and very likely that era have bitcoin
full member
Activity: 336
Merit: 100
September 27, 2016, 01:24:27 AM
#32
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?
yeah , in the future of bitcoin we will not only buy giid stuff only but we will receive our job payment in bitcoin . that will be a bright appurtunity for the bright future of bitcoin .
hero member
Activity: 3150
Merit: 937
September 27, 2016, 01:14:31 AM
#31
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 don`t think that bitcoin is trending worldwide,it isn`t that popular.

Yes, a lot of people think that bitcoin is the new era of currencies.

"Can we use it buying goods and etc. in the future?"-Why are you asking this?
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 27, 2016, 12:22:35 AM
#30
If say about 10 000 000 people out of the estimated 7.8 billion people of the world are using it, it will not be seen as the new era of currencies. On the other side, Bitcoin has only been in circulation for about 7 years, or even less. We still have a long way to go, but because it is digital and fast, it would spread a lot quicker than fiat currencies. ^smile^
hero member
Activity: 910
Merit: 501
September 27, 2016, 12:15:37 AM
#29
I see bitcoon as a payment method for certain online services.
And I see bitcoins as a form of investment for people who are willing to put their money into a little bit more risky forms of investment.
But I don't see bitcoin to be the next us dollar.
The amounts that are traded and the market capitalization are still way to small to be able to talk about something like an era.
hero member
Activity: 1302
Merit: 540
September 27, 2016, 12:05:29 AM
#28
I think so, Bitcoin in the other country are now very popular like in the Australia, China, London, and etc. So it can be the new era sooner or later there is a big possibility to be happen. Smiley
thats right the potential of being recognized as a new era money is not far from this project as bitcoin already been used by some big countries anytime soon many countries will follow.
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