Is bitcoin is the new era of currency? - page 97.

mostkey

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Quote from: Caelanpelley on July 03, 2017, 11:17:03 PM

Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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, bitcoin will be the start of the digital money era. Mark a milestone for the world economy in the future. Although Bitcoin is still a bit of a risk when we use it, it's worth the wait.

Indeed bitcoin can be profitable in the economic field, only we need time to get the benefits, as I have experienced. With the patience I have, I can reap huge profits through bitcoin

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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?

Although bitcoin has grown drastically, it shows tremendous potential for virtual money. However, what we see is still very small, the number of people known bitcoin is too small compared to the world population.

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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?

Maybe its need a decade or more for bitcoin and other cryptocc to become so, because until now, there are still people in a country who even haven't know about bank and e-channel. Thats why i think bitcoin need more time in the future to become so.

Caelanpelley

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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, bitcoin will be the start of the digital money era. Mark a milestone for the world economy in the future. Although Bitcoin is still a bit of a risk when we use it, it's worth the wait.

EddyGameta

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in current stage this is still experimental, in my opinion once everything completed(most people aware about bitcoin, many platform/web/app build for bitcoin) so bitcoin will become new era of currency especially in digital assets. I guess it will available around 3 years from now

jnut

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Bitcoin is really new era of currency but it is itself actually an experiment. There is no need to expect big things from btc.

Rizky Aditya

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Quote from: orpel on June 26, 2017, 09:45:38 AM

In one way or another Bitcoin is representing the next era of coins.
We can never know if bitcoin will hold as #1 currency and there might be an amazing new coin that will try and eventually succeed to replace the bitcoin.

It's hard to replace bitcoin more hard, because bitcoin is the most established and the most famous of all the other crypto currencies and now you should know that bitcoin has become legalized by few countries and more countries are thinking about its legalization now, so if the other coin come out to compete with bitcoin then it will be very difficult for them to take the place of bitcoin, however some coins are present but even they did not win over bitcoin, so bitcoin will be as # 1 forever and the new era of currency.

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Quote from: ActiveP on June 29, 2017, 09:18:54 AM

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.

The fun part being that Bitcoin offers the benefits of both virtual payments AND cash. Once scaling and the fee market is resolved, that is :/

gentlem3n

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I see bitcoin very well and easily taking the place of currency and becoming a globally used one, replacing them might be a hard thing but I see bitcoin usable worldwide (in addition to other currencies) in a way similar to USD now, being accepted everywhere.

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Quote from: ActiveP on June 29, 2017, 09:18:54 AM

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.

Paypal, VIsa, Mastercard are established players. They can't be dislodged easily. Only when the advantages of Bitcoin (in terms of price saving) become apparent, will Bitcoin stand a chance.

Novun

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I don't think that countries with a strong currency like the USD or EUR will use Bitcoin on a mass scale, however, Bitcoin will be extremely useful where fiat currency failed. Hopefully, people in failed states will recognize the universality of bitcoin and will adopt it. There will be resistance from the government since dictatorships always want to control the currency, but if the people prevail it can pave the way for a financial revolution in the world.

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Quote from: ActiveP on June 29, 2017, 09:18:54 AM

Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.

You might be right though I am pretty sure that Bitcoin is only helping the other Currencies within the world to survive and get into places much faster than they could before.

Digital Payments is what's bringing more Currencies close to each other while having the Government act like they don't like it then they build a system similar to it.

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Quote from: Chanock on June 29, 2017, 08:58:47 AM

Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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?

Using bitcoin to buy food in the future is not far to happen. As time passed by, technology rises. So, more people learn how to use cryptocurrencies on their daily transactions. More countries and establishment nowadays recognize bitcoin as a new form of currency. Just imagine, if we can use bitcoin in all of our daily transaction, you can do everything even you don't have cash on hand. I am so excited to see that happen.

and i think that is already happening in some places, for example in Brazil there are some shops who are accepting bitcoin for shopping there and may be there are some restaurant who are also accepting bitcoin from their customers. and i am also very much hopeful that very soon we will also be able to use bitcoin in our shops for shopping.

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Virtual payments are fast displacing cash, but not completely and not everywhere. Bitcoin still has a very long way to go before it displaces the likes of paypal.

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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 its a new currency in the internet because it is number 1 virtual currency. I consider bitcoin as a money because I can used it like that. In just converting it into fiat. I can now hold it and buy what I want. As of now bitcoin cant buy foods and other things but I think if government will accept it in the future then it can be used for that.

Chanock

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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?

Using bitcoin to buy food in the future is not far to happen. As time passed by, technology rises. So, more people learn how to use cryptocurrencies on their daily transactions. More countries and establishment nowadays recognize bitcoin as a new form of currency. Just imagine, if we can use bitcoin in all of our daily transaction, you can do everything even you don't have cash on hand. I am so excited to see that happen.

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Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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?

Bitcoin digital currency system is difficult to become the currency of the future, because the confidence and acceptance of the conventional currency is still so great.At the world level is still the paper currency as a legitimate and dominant payment instrument used by a wide audience.
"Digital transactions are something that needs to be regulated [the government], but if the creative product we leave it alone because it's creativity,"

mostkey

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Quote from: Lecsor on June 28, 2017, 09:06:52 AM

The fact that the state today completely want to translate the calculations of citizens and businesses by bank transfer, then it really is. The digital currency is very much being introduced into everyday life and I think that it will be very quick to switch to a full digital payment of all accounts. Bitcoin can also be very fast, but only after the legalization of the country's crypto currency.

Almost all around the world have known bitcoin, they are studying bitcoin, because in addition can be a tool of transactions such as cash, bitcoin can be one of the savings that can be a bigger flower in waktubmendatang, so from that many consider bitcoin as a type of currency new

Lecsor

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The fact that the state today completely want to translate the calculations of citizens and businesses by bank transfer, then it really is. The digital currency is very much being introduced into everyday life and I think that it will be very quick to switch to a full digital payment of all accounts. Bitcoin can also be very fast, but only after the legalization of the country's crypto currency.

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Quote from: Bowly88 on June 28, 2017, 07:45:54 AM

Quote from: Prettygirl01315 on September 26, 2016, 07:58:21 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?

It can be, because as all we know it is exchangeable into a real money now. I think in the future we do not need to exchange it to a real money because we can buy things and stuff using it, using bitcoins. As of now there is some establishments who entertained and accepted bitcoin as a payment and with that i can assumed that in the future it will be our new modern currency.

It was necessary immediately to say then such a future will happen. The fact is that in the next 10 or 20 years I think people will not be ready to completely switch to the digital currency. But Bitcoin Of course it will be one of the currencies given to the chutney to earn real money. Although in my opinion it is not suitable as a means of payment for crypto currency.

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