Topic: Is bitcoin is the new era of currency? - page 82. (Read 72081 times)

Bitcoin is not new ( for those who knew it years ago ) but definitely a currency that is accessible in web world and currently spreading worldwide if that is what you mean.
The use of bitcoin in purchasing foods and other necessities directly still depends on how would it be accepted as currency itself. Because fiat money will definitely be affected in use. And or if a company would invest to bitcoin then it would be possible.

Yes and the best part is that we are just at the beginning of the revolution so if you play your cards right you could become one of those people that became really rich by investing in bitcoin and other cryptocurrencies.

I also agree that bitcoin is the new era in currency base on the news and all my researches i made and i specially to my blog i made as a survey about bitcoins and the result is awesome bitcoin currency wins and mostly for the people who visit and wrote something to my blog says this is for a change in the way of banking some says that it made easy for transaction using bitcoin currency thru their phones so it is very convenient and that's what people wants because people are lazy and need convenient hassle free avoiding lines in the counter. i hope all people in the globe will make up their minds to invest into bitcoins and we all unites as one bitcoiners more power and moving forward.   

This is something people do not seem to understand when they say they want their favorite coin to surpass bitcoin, if that happened then confidence will be lost in bitcoin and as a consequence in the whole market, so that triumph will not be good for us or anyone in the world of crypto.

Yes, bitcoin is the new era of currency, since we now live in an advance world, it is surprising.that bitcoin is standing out among other cryptocurrencies, it only means bitcoin has further develop for the needs of man, just like gold before, it has no worth durimg the barter exchange era, but the following years, gold became more precious tham spices.

Technically speaking you can transact bitcoin without an internet connection but it will require the other person to trust you and at some point you will need internet, for example you could pay with a paper wallet that has exactly the amount of whatever you want to buy and you do not need the internet for that but at some point the one that accepted the paper wallet will need to move the funds to a an address that is completely under his control.

yeah you got the point here because bitcoin is spreading its roots very quickly and soon it will be world famous so I think if calling bitcoin a new era of currency won’t be so bad because bitcoin is making its future more bright for online payment the users of the internet are millions in number and almost everyone knows bitcoin so I think it is the reason why bitcoin is the currency of our this era.

The new era of crypto-currency is a rekoin
He is backed by real estate. This is something new

It surely has a very bright future compare to any other coins. The image of bitcoin is already changing as other big companies are accepting and adopting it. Also there are rich countries that are adopting it too so no doubt that bitcoin has a very bright future and this will make the new era great as our new currency.

Undoubtedly, bitcoins are the future rulers of digital world. Bitcoins are the kings of new era. They are acting as the back bone of crypto market. As far as altcoins are concerned, they don’t have the tendency to beat bitcoins in any way. They are always second to bitcoins.

I am not agree with you that bitcoin is easy to earn but I agree that it can exchange into cash. As bitcoin is somewhat similar to paper money that we can kept it in our wallets but in digital wallet as for bitcoin. It can buy things over the internet and it is easy to use especially with transaction because with paper money you need to fill up many information to just send a money unlike with bitcoin and as for bitcoin it removes the transaction fees such as currency exchange rates and service charge.

Well, I agree that it is a new era in currency and bitcoin has been widely spread in the whole world. In addition to that, as of now bitcoin become very useful like you can use it in different kind of transaction such as paying bills and many more. Lastly, many people believe that bitcoin will be use to some food and some stuff in the near future.

If bitcoin has been known throughout the country and has been widely used for personal or organizational purposes, then it can be done in the future to buy food and so on using bitcoin payments.

Yes, bitcoin has a bright future, provided that world governments don't ban and criminalise it. Somehow, I can relate bitcoin's case to that of marijuana's. 

Subway, Zynga, and even Dell... Really? 

Bitcoin is growing bigger and bigger everyday. And bigger than bitcoin is the tech that supports it-- blockchain. Blockchain has many applications and these applications are being explored and developed by techies all over the world. You can still buy stuff with bitcoin, but in the future, there will be even more platforms which will start accepting payment in bitcoin and other cryptocurrencies.

Bitcoin is fast becoming the new money. It might not replace traditional forms of payment, that is fiat currencies, but it might affect their market share in a major way. Here's a list of platforms which accept bitcoin for payments-- https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

Many vendors are already accepting payments in bitcoin. Overstock is one of them. Its pretty much like Amazon, though not as big, but you can buy products from them using bitcoin.

I think the "Internet Of Things" (IOT) will have a really big role to play in all this.  Things that require physical coinage can be converted to use digital currencies.  Such as a bluetooth or internet activated vending machine for instance, you could vend the product from an app on your phone and pay in digital currency.  There is however one big thing that holds bitcoin down, and thats the transaction fees.  I don't think Bitcoin will ever see mass adoption for micro payments because of this.

I know this will be really unpopular in this forum BUT... I think that IOTA (if it delivers on all of it promises) will be far superior to bitcoin in the long run for 3 important reasons.

1) FREE transactions - yes you read right, this is not a typo... with no fees to pay you can buy very small things such as a drink or a sandwich which you cannot do very well with bitcoin unless you like overpaying of course.
2) Near infinite scaling of transactions per second with "Tangle" - the IOTA network does not use blockchain, but something instead called Tangle which scales to the demand it has on its network at the time.  So in a nutshell, the more transactions going through the network at the time, the more transactions the network will be able to handle.  The only limitation here is the speed of bandwidth!  This thing will handle millions of transactions per second
3) IOT devices will all support IOTA out the box - so basically our biggest hope of getting true mass adoption for digital currencies has already chosen its currency, this doesn't mean to say you couldn't make a program to accept bitcoin but it would be so much easier to just use their currency.

Not sure if this means the price of IOTA will go up or down, I am not trying to pump the coin.  I just think that technically this technology is best placed for the masses over bitcoin.  But as with all new technologies it needs to be fully tested first before anyone can have any real confidence in it.

For me bitcoin will be the physical money in the world SOON
Just need the all countries accept bitcoin