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Topic: Is bitcoin is the new era of currency? - page 19. (Read 72081 times)

jr. member
Activity: 82
Merit: 2
A new perspective in terms of global finance has emerged in the name of Bitcoin. It is indeed a boost to the financial world having unique way of trading through this cryptocurrency. Eventually, many of these kind will still evolve as time goes by. I am glad to hear that there are many establishments who already accepted bitcoin as mode of payment.
member
Activity: 168
Merit: 11
Back from the Dead!
Yeah, already KFC in Canada has started accepting bitcoin as a payment for a bucket of chicken, and that is a big start for the bitcoin industry, a food giant such as KFC starting to use it. Bitcoin's structure makes it super easy to use across long distances, at any time, so it can be used anywhere. This will particularly be useful to unite the whole world under one currency, I think, however, before that, all other kinds of developments need to be done such as literacy of people needs to be a lot higher to understand and use bitcoin, internet needs to be universalized.
Even some economists are already predicting that the bitcoin will replace Euros, Pounds, and the Dollar by 2020. In my opinion, it might take a bit more than that to create stability in the market value of bitcoin, educate people about it, bring internet access to remote areas, but it will definitely be possible once governments start to support it.
full member
Activity: 322
Merit: 101
Aim High! Bow Low!
In my own opinion it can be a New  currency that can be used in the future and all over the world but, Not all people can use it, Example is from our country, we are dependent on the fiat money, there are no machines in the market that can accept bitcoin so they use Fiat. There are also other countries that are banning the use of bitcoin, so we cant say that it can be a currency around the world, but only in a specific Country.
full member
Activity: 336
Merit: 100
Recently,I hope bitcoin is the new era currency in the my future,at frist I stared bitcoin site and my balance zero,now my balance 0.0035600 Btc. Bitcoin is a cryptocurrency and worldwide the payment system.it's a digilat online income source. Quae justed digital person see goes,bitcoin was invented by an unknown person of people under the name satoshi nakamoto and released as open-source software in 2009.
I think bitcoin at time big level.so it's new era of online digitan cryptocurrency.
sr. member
Activity: 594
Merit: 253
It takes time on bitcoin and other online currencies to become mainstream. But sooner or later they will become big and starts a new era on currency system.
sr. member
Activity: 1451
Merit: 258
probably, because everyone around the world already knows and also has felt with the coming of btc in our life.
newbie
Activity: 42
Merit: 0
I think crypto currencies are the future of our financial system. I believe eventually they will be used for everything. This is the beginning of something big!
hero member
Activity: 966
Merit: 501
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.
Nowadays, Bitcoin used to payment on this forum. Many money exchange to Bitcoin to payment through service, bounties, etc. board in the Bitcointalk Forum. This forum is also one of the earliest places using Bitcoin for payment after the event Pizza payment happened in 2010 Grin
Yes this statement is right but upto a certain extent only.Though bitcoin's popularity is increasing and more and more people are joining bitcoin,still many do not know about the market and cryptocurrencies.Only a small percentage of people have idea about these things.Bitcoin has some advantages over paper money.Transactions are very smooth and easier than normal paper currency.Taxes are also not implied on bitcoin so the profit return is full.Investing in bitcoin is the best option for earning money.
full member
Activity: 350
Merit: 100
Yes,  the bitcoin is the new electronic coins that provides not a monetary value only but also a new type of investment which provides a higher amount of income that can be used in
member
Activity: 308
Merit: 30
yes,  the company of bitcoins is the new currency of era which can be used in all means of transaction and another type of investment. Through bitcoins life is so easy and convenient as well.
hero member
Activity: 644
Merit: 500
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.
Nowadays, Bitcoin used to payment on this forum. Many money exchange to Bitcoin to payment through service, bounties, etc. board in the Bitcointalk Forum. This forum is also one of the earliest places using Bitcoin for payment after the event Pizza payment happened in 2010 Grin
member
Activity: 266
Merit: 10
Bitcoin is a new currency that will be used in the future, now there are also many stores that have received payments using bitcoin, but the constraints faced for bitcoin now some countries do not legalize the use of bitcoin, but in the next few years, I sure that bitcoin will be legalized in all countries.
newbie
Activity: 65
Merit: 0
Bitcoin is not new but its true that its is popular now... Bitcoin also is not easy to earn... To earn bitcoin you need to have enough knowledge and patience especially in investing.
sr. member
Activity: 730
Merit: 250
is bitcoin is the new era of currency ?I think yes Bitcoin has created a new era of currency. basically, Bitcoin has created a massive platform to make money by doing or making an investment in this sector. it has added huge price value so that people have got financially benefitted through this segment.it is also considered as a most profitable sector for saving and investment that is why Bitcoin has been considered as a pioneer of this virtual world.
sr. member
Activity: 430
Merit: 250
Yes bitcoin had a potential to replace all money in the new era currency. However the possibility of that speculation was so small, because on the first place bitcoin is not registered to all country as currency, due to bitcoin is independent currency.
full member
Activity: 271
Merit: 103
this is part of the purpose of making bitcoin, to transact in the real world, to buy our daily necessities. such as food or drink. but if you see the frequent constraints during the bitcoin confirmation that should be discussed seriously. the article should be completely fixed.
newbie
Activity: 65
Merit: 0
the users of bitcoin are not much but increasing with a faster speed and I do not think that there are countries which do not allow their citizens to use bitcoin but almost all of the countries are open to the usage of bitcoin. Only a few countries has banned it in their countries.
You have analyzed it correctly. There are still many countries that prohibit bitcoin transactions. This restricts Bitcoin from replacing the legal currency and becoming a global currency.
sr. member
Activity: 623
Merit: 362
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.
newbie
Activity: 163
Merit: 0
I personally would think of it because bitcoin have other currencies that do not have fast transactions but at low cost but unfortunately because my government can not control bitcoin then they do not recognize bitcoin as its currency but because i use bitcoin i can take much advantage of it .
newbie
Activity: 308
Merit: 0
Bitcoin is the currency to be in the near future when the acceptability of bitcoin becomes wider than what is obtainable now. I don't agree that earning Bitcoins is easy.Bitcoin is the currency to be in the near future when the acceptability of bitcoin becomes wider than what is obtainable now.  You need lot of time, effort and knowledge to earn decent amount of Bitcoins.   
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