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Topic: Is bitcoin is the new era of currency? - page 33. (Read 72081 times)

newbie
Activity: 7
Merit: 0
January 17, 2018, 01:24:23 PM
Basically speaking, it is a yes and no. Since its value changes over time, it is a currency. But, you also use them to purchase goods so it can also be considered as money or virtual cash.
member
Activity: 344
Merit: 11
January 17, 2018, 03:40:00 AM
yeah i think so, btc will be source of shopping in the future and use of money, because of its savety and becoming widely accepted....future true for btc
I agree with this, but not only Bitcoin, but also a lot of other currencies with Bitcoin create a new era of virtual currency, surely Bitcoin will be a solid support for investors if Bitcoin continues. continuous development
hero member
Activity: 959
Merit: 500
January 17, 2018, 02:54:05 AM
This topic was started in September, where we were somewhere beyond 5K.
The transaction fees at that time were already high, now they are even higher and the bitcoin price climbed as well.
Speaking of bitcoin as a currency is not appropriate anymore in my eyes.
It's an object of speculation, nearly nobody uses it as a method of payment anymore.
jr. member
Activity: 52
Merit: 10
January 17, 2018, 02:49:42 AM
For now btc is like gold, a source of value. To become a means of payment you need to solve the congestion and slowness problem of your network
I think bitcoin is the way better than golds. There are tons of golds out there inside of the Earth but there are a small number Bitcoin that we can mine more.
newbie
Activity: 4
Merit: 0
January 17, 2018, 02:32:47 AM
Why do I get the feeling that all these people that proclaims bitcoin as currency never even tried to purchase  anything  using bitcoin.  Nothing shatters the illusion of convenience or  transaction speed of bitcoin  faster than actually using it as a currency .
member
Activity: 62
Merit: 10
January 17, 2018, 01:16:19 AM
Of course it is a currency because day by day it is accepted in the market. I belive maybe ten years later from now we will use these kinds of coins in every parts of our daily lives. Maybe it will happen earlier...
It’s already happening even major corporates are throwing more and more money into cryptocurrencylike every day you hear more and more big bois investing
member
Activity: 115
Merit: 11
January 17, 2018, 12:58:31 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?

Yes, it can be but this will not totally replace our physical money or our real cash.
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.
jr. member
Activity: 518
Merit: 1
January 17, 2018, 12:52:31 AM
For now btc is like gold, a source of value. To become a means of payment you need to solve the congestion and slowness problem of your network
member
Activity: 336
Merit: 10
January 17, 2018, 12:48:20 AM
Ya i think bitcoin was the new era of currency and i think bitcoin or crypto currency was the biggest invented since they can make a smarphone nowdays
And we hope someday bitcoin become legalized and can be use to buy food or pay the taxi
member
Activity: 294
Merit: 16
January 17, 2018, 12:35:35 AM
hmm good question. finally I see some question made with the brain. Well it's hard to say this now but for sure we are living the time of changes upon the monetary system and bitcoin could be the new global currency.
To be honest I’m not even sure how what you are saying is remotely related to the point in question lmfao but yeah I guess cryptocurrency is working towards being a “global” currency
sr. member
Activity: 630
Merit: 258
January 16, 2018, 10:34:14 AM
maybe it is yes, because bitcoin is the new currency of our generation and it will spread fast all over the world.
We may conclude that it will be our new era currency because many of us using it and it uses by many people around the world, it is also a good start for a new era of currency because it has a high value of money.
newbie
Activity: 196
Merit: 0
January 14, 2018, 07:41:23 PM
There is possibility of Bitcoin becoming the new currency because of it fast growth, Since bitcoin is trending presently world wide, one can easily earn this currency and exchange it in real cash.
member
Activity: 949
Merit: 48
January 13, 2018, 03:23:55 AM
I agree to this that bitcoin is the new era of currency in the internet as it has many advantages than paypal , bitcoin is open source too thats why people can contribute to help bitcoin grow and be stable as Paypal is a private company and the improvements is based on the company goals and mission.

Yes your right We are the same we know this will be the new currency in the era. Enternet, gadgets  + bitcoin this will be the best combination of all. Bitcoin contain many advantage to keep longer to its generation a generation that will last for many years.
full member
Activity: 420
Merit: 100
Harmony for One and All
January 13, 2018, 03:16:54 AM
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.
full member
Activity: 342
Merit: 108
Bounty Detective
January 13, 2018, 03:03:21 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?
Yes of course! I think Bitcoin will be the new era of currency. It is a digital cryptocurrency online that are used by many anonymous users all around the world. If the growth of the bitcoin will be as fast as its price, then bitcoin will have a chance to become the first cryptocurrency used by the people to earn money.
sr. member
Activity: 630
Merit: 251
January 13, 2018, 02:57:19 AM
I agree. Bitcoin has lots of good features compared with current fiat money. Governments worry that it will corrupt the fiat money and they want to restrict bitcoin.
Yes and this just shows that a new era is coming up, these government officials have black money with them and don’t want people to get to know about it. And when everything will be dealing in theses bitcoins, then they can’t just hide this money. That is the reason they are banning bitcoins and opposing them for no reason. They are just saying their own side for their own good.
member
Activity: 210
Merit: 11
January 13, 2018, 02:43:38 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 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 currency.
Yes. Its a new era of currency. It is considered to be a digital currency which means it can be access using technology and that is your gadger and also with the help of internet connection for you to access bitcoin.  Yes it is a new ers of currency but bitcoin is not yet known by many people and they do not know how it really works.
I do not think so, Bitcoin and cryptocurrency can be not famous in develop countries, but in rich countries, cryptocurrency was the best choice for investment and speculation in last year until today.
Look at the volume trading of cryptocurrency on coinmarket, I never imagine we can own more than 50 billion dollars in this market, it is impossible in 2016 Tongue
I agree for some reason some people believe that cryptocurrency can revolutionize countries like Africa but the point being if you cant afford food how the hell will you afford internet
full member
Activity: 168
Merit: 100
January 11, 2018, 12:07:49 PM
Since technology has been a big part of our lives, virtual money can be considered as a new currency, but then again, it can never replace it completely.

It is not just the new era of currency. Whole economical system is being changed at the moment even if most of the people is not even aware of it. Current corrupted system was based on central banks and blockchain is changing by decentralizing the system. So it is complete system change from it is core.
member
Activity: 131
Merit: 10
January 11, 2018, 11:27:54 AM
I totally agree with you!
How many times i open this subject to friends, family and colleagues that bitcoin will be our future currency because bitcoin is a digital money and we are now in the digital era. Look? Their a lot of digital wallet now rotating in the internet means we need a money to stored in this new developed wallet. So guys we have to welcome Bitcoin as our new future currency.
newbie
Activity: 10
Merit: 0
January 11, 2018, 11:14:59 AM
Since technology has been a big part of our lives, virtual money can be considered as a new currency, but then again, it can never replace it completely.
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