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Topic: Is bitcoin is the new era of currency? - page 62. (Read 72081 times)

member
Activity: 378
Merit: 10
November 06, 2017, 10:09:06 PM
"In spite of the fact that the current theoretical enthusiasm for cryptographic forms of money is more to do with Blockchain innovation than lost confidence in paper cash, sooner or later there will probably be some medium of trade that turns out to be more general and a contender of paper cash."-  Deutsche Bank Strategist
newbie
Activity: 4
Merit: 0
November 06, 2017, 09:56:24 PM
Requirement to be a forex I have study that bitcoin can not be classified right into a new currency. Although it is asia allow or legalize there
member
Activity: 125
Merit: 10
November 06, 2017, 05:15:07 PM
I don't think Bitcoin currently is the new era currency, but I hope that in the future it will become, this is the way of getting freedom from our governments.
newbie
Activity: 56
Merit: 0
November 06, 2017, 04:53:13 PM
I really think that we can not say that bitcoin really is a currency because in some country it is not been use as a direct transaction for payments
newbie
Activity: 46
Merit: 0
November 06, 2017, 04:50:46 PM
I think sooner or later bitcoin will get replaced by some other coin that might not even exist yet
member
Activity: 476
Merit: 11
November 06, 2017, 04:49:51 PM
I guess so
Actually no, its not the new era currency. Bitcoin is the crypto currency which it is not visible currency that only lives in cyber world. Bitcoin can be used to buy since there is equivalent fiats. We can buy on what we want. But, now most countries didn't yet implemented since they gaining knowledge about bitcoin.
full member
Activity: 688
Merit: 106
November 06, 2017, 04:28:57 PM
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?

For me, I won't choose the words 'new era' but rather the words 'transition period'. I think we are now in the preparation of the next age of mankind where everything is dependent to computers and other advance technologies. In this new world, crypto currency will play a major role in the economy in which it would be the primary financial use. And I dream to be part of this world.
sr. member
Activity: 463
Merit: 250
November 03, 2017, 08:28:37 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?
Definitely yes, bitcoin is now a new currency in the world online. It is true indeed that bitcoin are now becoming more popular as the time passing by. And I could say that it is the new money and actually there's a time that we could use it to buy some food and etc because there are few shop that is accepting it as payment.
You have to remember, the government do not like Bitcoin become a payment method and will replace the best function of Dollar. If almost the retailer accept Bitcoin, how do the government analysic and statistically the total profitable of businesses? Finally, Bitcoin will make the government ban it Wink
sr. member
Activity: 1033
Merit: 250
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November 02, 2017, 09:01:00 AM
In my opinion, bitcoin is just the internet currency and can not replace the currency of a country, in the future it is possible to shop at supermarkets using bitcoin. I once read an article that mentions a school that also accepts bitcoin as its registration fee

not internet money, which definitely bitcoin digital money that can provide benefits for bitcoin users in generating income.
it is also possible that bitcoin replacing the real currency is not possible.
full member
Activity: 630
Merit: 103
November 02, 2017, 08:44:15 AM
Bitcoin is a type of currency and yes it is a sign of a new era for currencies. This is called Cryptocurrency, this is electronic money which we can find on the internet. If we have access to the internet, we can gain cryptocurrency or bitcoin to be specific. Bitcoin is very flexible and can be earned in many ways. One way is to mine it, this process is very slow but if you mine enough bitcoin. The mining will be fruitful if you gain enough satoshis. Bitcoin can also be use as a mode of transaction and payment for things you want to buy and this is a sign that people trust the use of bitcoin.
member
Activity: 84
Merit: 10
November 02, 2017, 08:41:17 AM
Based on how well-liked the Bitcoin is and how the cost acquired higher and greater each working day it is truly posible that bitcoin will be the new period of forex although it is challenging to generate for a novice like me but it only needs energy and abilities like earning a fiat money. And also, virtually all folks are technologies dependent so that it is not tough for them to understand and unfold Bitcoin and sooner or afterwards , all  the bussinesses massive or little will adapt and acknowledge bitcoins for transactions.
full member
Activity: 157
Merit: 100
November 02, 2017, 08:28:21 AM
In my opinion, bitcoin is just the internet currency and can not replace the currency of a country, in the future it is possible to shop at supermarkets using bitcoin. I once read an article that mentions a school that also accepts bitcoin as its registration fee
full member
Activity: 314
Merit: 105
November 02, 2017, 08:11:20 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?
Definitely yes, bitcoin is now a new currency in the world online. It is true indeed that bitcoin are now becoming more popular as the time passing by. And I could say that it is the new money and actually there's a time that we could use it to buy some food and etc because there are few shop that is accepting it as payment.
full member
Activity: 350
Merit: 100
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November 02, 2017, 08:05:07 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 very trending now a days it can be happen that bitcoin we can use it to buy food and anything. Because many now use bitcoin and hope all government support bitcoin that we can use it as a directly payment in all store nation wide. But maybe it takes a years before they implement it.

It will take years but it will really happen since everything is starting to adapt to bitcoin and internet. If you can use bitcoin to buy pizza by then even if it is not the popular what more now that it has become renowned internationally by a lot of investors and companies. The new era is what bitcoins goal anyway since it is internet based and every improvement of the future may help bitcoin to be accepted more easily.
full member
Activity: 350
Merit: 100
November 02, 2017, 07:51:15 AM
bitcoin is going famous very fast and its rate is also going increasing very fast and this is all due to the more and more taking interest of people. when the users of bitcoin is increasing in such a rate then finally many countries will legalize bitcoin in their country and more expected that it will become international currency very soon.
full member
Activity: 196
Merit: 102
November 02, 2017, 07:41:16 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?
is it possible to buy something at a nearby stall with bitcoin? I think that's impossible. so bitcoin will never be a legitimate currency even though some of the big company companies use bitcoin as a means of payment.
legendary
Activity: 2646
Merit: 1106
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November 02, 2017, 07:34:14 AM
Already it has made a revolution in the entire financial system. Now with its varied features its usage gets increased on more sectors. When it's considered as currency, the change can be felt. Hope, and will make the future generation use digital money more than fiat.
newbie
Activity: 28
Merit: 0
November 02, 2017, 07:29:54 AM
Yes, I think so. Bitcoin is a virtual Currency. People can transaction worldwide by using Bitcoin. People can earn Money by investing in Bitcoin.
full member
Activity: 266
Merit: 100
November 01, 2017, 04:02:25 PM
That shouldn't even come up as a question or neither should it be debated. Yes, Bitcoin is gradually becoming the universal means of exchange, in the near future, it will be globally accepted. We have heard of amazon accepting bitcoin, also i have heard of an Airport that accept Bitcoin for flight booking and a lot of new developments
Universal means of exchange? I think you are too far ahead. There are governments, banking institution, businessmen, big time individuals that do not agree with the concept of virtual money and their reason is crypto currency are just scam having no value at all But we all know from users here that it is not true though digital money has been supported by many individuals throughout the world but for me we still don't know what is cryptocurrency stand in society since not all agree with it. I just hope one day everyone will accept bitcoin or other coins for payment Smiley
member
Activity: 69
Merit: 10
November 01, 2017, 03:50:28 PM
You can a sort of say that the bitcoin is the future of the currency and that we came in a whole new world due to that, the bitcoin has a great future and it will stay growing everyday like it has been now.
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