Topic: Is bitcoin is the new era of currency? - page 32. (Read 72108 times)

So, do you agree with the fact that Bitcoin gonna be "the new era of currency" or you do not?
I kinda confused about your statement right there, it states both agree and disagree.

Since bitcoin enter, we already enter a new world of currency the digital currency or also known as cryptocurrency. well if your wandering if it will replace the conventional money and other currency, i think it might be impossible as of today because some country doesn't legalize yet the Bitcoin and one factor is government cant manipulate the Bitcoin.

The government cannot manipulate bitcoin because they cannot control it, people like whales has a good chance to manipulate bitcoin
but we should know for what purpose they are moving the price. I hope that the government will regulate us and it would be in our favor, they should be fair because bitcoin is really a big help to us now and in the future.

Yes, Bitcoin is the new currency of the era. having the digital currency called crypto currency is a advancement in terms of financial needs of everyone. as our technology advances. it affects our current way of life. having this effect changes the money currency we use though it could be difficult to make it as a currency for everyone. since we must unite every country into one to allow having bitcoin only as a currency. having this could help  a lot of problems in terms of our way of living.

I think Bitcoin is another currency that joining to the other currencies.
Yes I believe eventually it will get in the community of world currencies.

Now, in present bitcoin is new era in the our life because before the bitcoin only few know and use it but now i say very need bitcoin in now a days because it drains bitcoin because of the people who use it the value before bitcoin is low but now the bitcoin is high value because of its operation.
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Yes it could be,If there will be no more manipulation by our government bitcoin's progress will be continues.It has the potential but I think it has been take a long way to go because I know it will face many technical issues before that happens

So many other coins want to try to weaken the position of bitcoin. This bitcoin has a considerable influence in the world economy on a person. Bitcoin has attracted many great operators. So bitcoin is potentially used as a currency. Once that happens then so many new coins emerge and maybe change the currency system in the future.

if the new currency may not, if I think uanf bitcoin is digital money, it is impossible coin bitcoin can replace money in indonesia.

yes, I think so, people in every year are always faced with changes and technology mining, there is a demand to change the way and pattern of life, all of them lead to digital systems, internet and non-cash network, so that cash position can be replaced with bitcoin and money physical diminimalisirnya will be minimized from the market, the advantages of transactions with bitcoin more easily safe and difficult to forge. but for certain people who live in the village, not necessarily everything can.

yes.bitcoin is vision of future currency.. i think another more years paper money will removing form world.

If ever it would be approve by countries that bitcoin become the new era of currency..this would be going to a long process. Since bitcoin doesnt have exact value.there would be complications.and it will be hard to those who doesnt have enough knowledge about bitcoin.

Bitcoin fluctuates too much on a daily basis to be a currency. People accept bitcoin for goods now because they think it will keep going up and they don't want to miss out. If bitcoin keeps falling then vendors won't be taking it for payment because then they would be getting less value for it when they convert it to their fiat currency to use.
Bitcoin will never replace the fiat currencies in the world as all the world governments & financial institutions are bound to the fiat currencies. And they have been bound for hundreds of years. Also, there is not enough bitcoin to actually replace the value of all currencies in existence. Besides that, most of the 21 million bitcoins are controlled by a minority of individuals, not a majority and it's not really decentralized as the majority of the world population doesn't own it. The ledger is decentralized, but the crypto coin isn't.

Until now no country uses bitcoin in a massive and more dominant than fiat, it proves that bitcoin can not be said as a currency so I do not agree if bitcoin is said the era of currency.

Bitcoin can be used as another medium of exchange in the crypt currency world. It can be used as payment of monthly bills thru online such as water, electricity, insurance, telephone and many more.Many merchants in online accepts Bitcoin as payment for buying or selling of some stuff.
Bitcoin can be used to buy food but it depends if the store accepts it as payment.
Yeah, Bitcoin is the new era of currency because previously we used barter system to exchange goods and then cash and then credit and debit cards and now cryptocurrencies like Bitcoin, but it depends on the government if they accept bitcoin, if they don't accept Bitcoin then no way it will ever be the new era currency.  It needs to be known, recognized and valued by government everywhere in the world to take its place as new era currency.  Bitcoin has the potential of being the new currency but without any recognition of different country all over the world, then it can't be the new currency.
These days bitcoin can be used in almost everywhere including many supermarkets to hotdog shops. Even we can book flights with bitcoin, on the other hand with bitcoin debit cards even in the places where bitcoin is not accepted directly we can pay there with those bitcoin cards easily. Bitcoin is evolution in the fiancial sector and yes it is new era of currenccy

Bitcoin is a modern currency but I think it is not the new era of currency because we still be going to use the different currencies to make our bitcoins.

I don't think earning bitcoin is as easy as you have stated. But this is true that these days bitcoin can be used in almost everywhere including many supermarkets to hotdog shops. Even we can book flights with bitcoin, on the other hand with bitcoin debit cards even in the places where bitcoin is not accepted directly we can pay there with those bitcoin cards easily. Bitcoin is evolution in the fiancial sector and yes it is new era of currenccy

Yes, this is a new era. Who would have thought a few years ago that you can pay off simply by holding a card or by attaching a phone? A crypto currency is something absolutely new, original, unique!

This is not the answer of the question or the explanation of the major problem taking place in bitcoin. It's the new era of the digital age and we will see improvements in the transfer speed of bitcoin.

Undoubtedly. We live in the age of information technology, in a new era. And in the economic sense, the digital achievement is the crypto currency, which completely changed the idea of money and their capabilities.