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Topic: Is Bitcoin Really The Future Of Money? (Read 68741 times)

full member
Activity: 280
Merit: 100
April 18, 2018, 03:51:03 AM

Commodity and fiat money is not needed if there is a general ledger (register), which reflects all transactions and the movement of money.
Actually, these thoughts and questions led to the creation of the world's first peer-to-peer (without intermediaries and single center) network electronic monetary system-Bitcoin.
newbie
Activity: 154
Merit: 0
I think that form of cryptocurrencies can be our future. Blochain and other modifications is genious thing that can be used almost everywhere to protect information.
member
Activity: 154
Merit: 10
Definitely yes, Bitcoin will be the future of money. I can see many other crytpto currencies emerging in future and also we can expect new people using bitcoin. If you invest money in bitcoin it will multiplied. All you have to do is to wait for your money to earn profit and it will be the future of money.
newbie
Activity: 7
Merit: 0
yes, i think Bitcoin and cryptocurrency is the start of new currencies for the future. BTC have been making many changes in the history of money in the world, many people can use it and many enterprises are using it too. It popularity is increased and i think that bitcoin is the first step to others ways of currencies in the world. In a not too far future, bitcoin will began to be accepted like a way of payment in others countries. For example, in Argentina some enterprises pay with bitcoins to their workers but it is not legally accepted in this country.
newbie
Activity: 196
Merit: 0
Yes and No, and let me explain both. No. Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency (at best). Bitcoin has its fair share of problem (confirmation takes too much time, the 51% forking issue remains, number of transactions per second is limited, block size issues, etc.It will most likely not die. It will definitely become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails. However, it will not be the final straw or the final currency that we will see.
Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).
But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries.
sr. member
Activity: 726
Merit: 251
I say yes, Bitcoin is a digital currency or crypto that changes or replaces the world currency. Because bitcoin is made by a group or someone who wants change to be the unifying of all the currencies in the world. Cool
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
Maybe it will be really so. But it seems to me that there will be a new currency in the top. Bitcoin has its own disinterest, but the whole idea is simply brilliant!
member
Activity: 154
Merit: 10
Perhaps not bitcoin. But considering rates of a computerization, the cryptocurrency shall replace normal, and best chances at bitcoin.
member
Activity: 406
Merit: 11
Bitcoin is the money of the future, everybody in the world can use bitcoin, unlike any other currency that can only be used in the country that owns the currency, although today many people and some countries still consider bitcoin illegitimate.

whose country that considers Bitcoin illegal, and I will continue to do so, since they have not yet come up with a process, How it can not control the currency and the income of citizens with the help of crypto currency.
newbie
Activity: 280
Merit: 0
Yes, bitcoin really future of money future but a good base to develop something similar
newbie
Activity: 252
Merit: 0
Bitcoin popularity is increasing regularly..
member
Activity: 187
Merit: 10
Bitcoin is the money of the future, everybody in the world can use bitcoin, unlike any other currency that can only be used in the country that owns the currency, although today many people and some countries still consider bitcoin illegitimate.
member
Activity: 350
Merit: 10
I think bitcoin will remain an alternative currency in the future. many obstacles to make bitcoin as the currency of the future, one of them, difficult regulation.

As we know, nothing makes the government uneasy in addition to the popularity that involves money like bitcoin. So, when Bitcoin manages to scoop up a lot of users, the government will furiously find regulation to suppress bitcoin growth.
copper member
Activity: 490
Merit: 2
Well some people may see bitcoin no more than a scam and it might still have problems as hackers try to destroy it but look at the bright side, bitcoin's price is increasing everyday and the majority of people are changing their mind about this cryptocurrency so why don't have faith in it. It's worth a try  Grin

Yes , it is only the matter of thoughts and we can not control one's thinking .So if you take cryptocurrency negatively you will only be able to see its negative part but if you start believing it you would surely understand what a miracle it is.
newbie
Activity: 39
Merit: 0
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology: the World Wide Web. http://blockgeeks.com/questions/what-is-your-future-predictions-of-bitcoin/#comment-604
Pada saat itu orang mulai berpikir bahwa mungkin Bitcoin mendapat masa depan yang besar dan mereka benar. Sayangnya, sulit ... Dan ini adalah alasan cukup masuk akal untuk volatilitas tinggi. mata uang digital nantinya akan lebih stabil.
member
Activity: 226
Merit: 10
Bitcoin can be a help when it comes to payment process especially when it is online payment, it is more likely  money's helping hand not money's durue.
newbie
Activity: 80
Merit: 0
Bitcoin has become the future the moment it was invented and introduced. As a part of cryptocurrency world that is total inovation in the field of finances. The world is heading towards cashless system and new virtual payment methods so Bitcoin will have very important part in this "brave new world". And it already has.
full member
Activity: 461
Merit: 101
It's too early to tell if bitcoin is the future of money, or simply an alternative digital asset. A lot will depend on the development and implementation of the Lightning Network. I think eventually bitcoin will be considered a global reserve currency, coexisting with fiat.
Yes I agree that it's too early to announced this kind of news but of course I bet that everyone here in forum are also looking forward for this. Bitcoin is not yet legally implemented in all countries around the globe, but there's also some countries who accept bitcoin as alegal tender, so let's expect that Fiat's we're still require.
full member
Activity: 486
Merit: 101
Bitcoin gives hope that in the future it will be much easier to use money and not fall under the hood of those who print them. On the way to this, there are a lot of obstacles but I hope they will be overcome.
full member
Activity: 547
Merit: 110
bitcoin is currently experiencing a very deep decline that makes people hesitate to invest in bitcoin. so many people are starting to switch to other altcoins that have a good future. but I think to get to another altcoin we should be able to choose exactly so as not to lose due to investing in a scam. bitcoin prices fluctuate but bitcoin is the largest digital asset and has the highest price among other digital assets so bitcoin still remains a promising greener pastures because it has a high price
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