Is Bitcoin Really The Future Of Money? - page 113.

CyberKuro

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Quote from: MingLee on November 06, 2016, 06:22:23 PM

Quote from: BingoDog on November 06, 2016, 06:14:57 PM

Cryptocurrencies including Bitcoin are the future whether someone like it or not. Sooner or later they will become equal to fiat money. New technologies are taking place of old ones and so it's in the world of finances. The development of cryptocurrencies can't be stoped anymore.

The development of cryptocurencies has never been a question as to whether or not it could be stopped, but how much it would catch on. No-one can stop anyone from changing or developing anything. We have to still see if it will continue to grow, but so far it is showing strong signs of continuing in its life span and cryptos probably aren't going anywhere.

That is what matter, how bitcoin could catch on/ equal to fiat money or more than it. where you can spend it at anytime, anywhere you want as an International accepted currency (need more than 15 years imo)
I have to disagree if cryptocurrency aren't going anywhere, where you have been all this 7 years of bitcoin rises?
I thought we know that bitcoin are going from nothing to $800 in value, many merchants and big companies accepted bitcoin payment even these are not enough for now. With all of those progress, bitcoin already reach the highest value of currency, what if more business, merchants start to join in bitcoin world? That's how bitcoin could catch on.

cramcram21

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Who know's maybe bitcoin really is the future of money we don't know what the future may bring
but this crypto currency is really rocking right now so let's just enjoy it while it last

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Quote from: Taki on December 20, 2016, 03:56:49 PM

Quote from: phantas1isback on December 19, 2016, 02:40:09 PM

yes bitcoin is the real money of the future

Wow what a comment!
Grin

Bitcoin is new step in money's history. Remember when paper money appeared. Not so long time ago in fact and now bitcoin. Bitcoin will make paper money disappear and all financial operations will go on crypto level sooner or later. That's the truth.

That's the truth which exists only in your head

If paper money should disappear eventually, it will surely happen not because of Bitcoin. Right now people are complaining that one of Bitcoin's major drawbacks is that it can't be used for offline purchases (barring very specific devices such as OpenDime sticks). That's where cash (paper money) shines. Personally, I'd rather think that paper bitcoins will sooner emerge than paper money disappears altogether. Purely hypothetically, such a situation is possible in the future when Bitcoin is used for online payment (crowding out digital fiat) while paper money is used for hand-to-hand transactions and exchange

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Quote from: phantas1isback on December 19, 2016, 02:40:09 PM

yes bitcoin is the real money of the future

Wow what a comment!
Grin

Bitcoin is new step in money's history. Remember when paper money appeared. Not so long time ago in fact and now bitcoin. Bitcoin will make paper money disappear and all financial operations will go on crypto level sooner or later. That's the truth.

Sled

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We can't surely say that bitcoin is the future of the money because we need more adoption from different countries to assure or increase the percentage of bitcoin to be the future money or the best currency in the future. As of now, We are still not sure for bitcoin because bitcoin is still young and it needs more development and also solutions to its existing problems now like slow transactions etc. If we fix those kind of problems we can continue our journey for being future of the money.

NEWGOODOUBLE

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Quote from: jualidbitmixer on December 19, 2016, 09:52:28 PM

For me, yes. Bitcoin is the future of money, because every year our life is become more digital and bitcoin is digital money and the future of bitcoin is really bright and have a good prospect. That's why bitcoin is good for the future.

I believe that the future of financial transactions would mostly use a digital version. but you should know that not only bitcoin digital currency, there are plenty of virtual money or other digital media. so bitcoin should be able to compete with other competitors

Przemax

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Bitcoin couldnt be a future of money if the world stay as it is know, where politics and governments have so much to say. Bitcoin can only be the future in some narrow spectrum of society, or society based purely on some rules of corporations not politics. I must admitt I would not like the world ruled by the corporations only. It is good that it provides people as alternatives, enpower them and give them options. The world with less options is the world of less power to the people.

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No I guess it is far from possible. Bitcoin as I see it to myself is some form of payment method rather than some kind of currency. Payment method because like others you need to buy in order to have credit. Just like Bitcoin. Also we need to have full support of the government with what you are seeing as they will need to fully cooperate if they think Bitcoin is really the future.

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Quote from: Japinat on December 19, 2016, 08:31:56 PM

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Quote from: Ewinsane on December 18, 2016, 03:50:38 PM

Quote from: mladbab on December 18, 2016, 01:02:50 PM

Cryptocurrency is future. Not only BTC. In future we will see more new cryptocurrency.

Yeah i think that we will be see different new currency in the future and they will be rise and shine as bitcoin but i am sure bitcoin will be on top of all crypto currency because people trust in bitcoin and adopting bitcoin in huge amount.

And because of that we will also see a lot of nonsense coins that are going to pop out and will make millions of money for their ICO's. Even though there are trusted crypto's especially bitcoin, for sure many are going to keep on using it as an alternative way of purchasing stuffs and as an investment, better to say that digital money is the future money.

Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future.

But if a government will not allow bitcoin to penetrate their financial system but does they sees that bitcoin has a good potential. They will just probably create their very own digital money and I just don't know if they will still do the same with bitcoins anonymity for it is going to be controlled by them and it is centralized.

Probably, government will have their own digital currency, something that they can control and regulate. Bitcoin is never their interest because it's anonymous and it's against the law of transparency as per government definition. Transparency for them, is something that they are fully aware of the necessary information of an individual who will transact online and bitcoin does not provide that.

Yes I agree to you, Bitcoin will not be permanented on this world. I future when technology is very high , Government might create a bitcoin a like currency that is not anonymous . Government want to get a tax from the transactions and the government want to regulate it.

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Quote from: Japinat on December 19, 2016, 08:31:56 PM

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Quote from: Positid on December 19, 2016, 01:12:21 AM

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Quote from: Ewinsane on December 18, 2016, 03:50:38 PM

Quote from: mladbab on December 18, 2016, 01:02:50 PM

Cryptocurrency is future. Not only BTC. In future we will see more new cryptocurrency.

Yeah i think that we will be see different new currency in the future and they will be rise and shine as bitcoin but i am sure bitcoin will be on top of all crypto currency because people trust in bitcoin and adopting bitcoin in huge amount.

And because of that we will also see a lot of nonsense coins that are going to pop out and will make millions of money for their ICO's. Even though there are trusted crypto's especially bitcoin, for sure many are going to keep on using it as an alternative way of purchasing stuffs and as an investment, better to say that digital money is the future money.

Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future.

But if a government will not allow bitcoin to penetrate their financial system but does they sees that bitcoin has a good potential. They will just probably create their very own digital money and I just don't know if they will still do the same with bitcoins anonymity for it is going to be controlled by them and it is centralized.

Probably, government will have their own digital currency, something that they can control and regulate. Bitcoin is never their interest because it's anonymous and it's against the law of transparency as per government definition. Transparency for them, is something that they are fully aware of the necessary information of an individual who will transact online and bitcoin does not provide that.

yes they will probably make their own digital currency but as if that it will be more efficient and has more great feature than bitcoin if ever that happen I don't see any competition between the two, I don't know if there's so many people who will migrate to other digital currency which is made and controlled by the government as far as i know most people loved to be anonymous with bitcoin .

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Quote from: coynedterm on December 19, 2016, 09:58:08 PM

Quote from: jualidbitmixer on December 19, 2016, 09:52:28 PM

For me, yes. Bitcoin is the future of money, because every year our life is become more digital and bitcoin is digital money and the future of bitcoin is really bright and have a good prospect. That's why bitcoin is good for the future.

yeah , it get down many times like a dead altcoin but still it goes right up in every year .
From the time when I started its price goes down to below of $200/btc but now its price is triple time more .
So it Not a Matter of what the past Bitcoin have . It is the future of online marketing in big range .

Are you sure ? BTC will Become a substitute currency or money in cyberspace ?, may still need a lot of time to rectify the shortcomings currency BTC, 5 or 8 years BTC could shift the conventional currency in cyberspace

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Quote from: jualidbitmixer on December 19, 2016, 09:52:28 PM

For me, yes. Bitcoin is the future of money, because every year our life is become more digital and bitcoin is digital money and the future of bitcoin is really bright and have a good prospect. That's why bitcoin is good for the future.

yeah , it get down many times like a dead altcoin but still it goes right up in every year .
From the time when I started its price goes down to below of $200/btc but now its price is triple time more .
So it Not a Matter of what the past Bitcoin have . It is the future of online marketing in big range .

jualidbitmixer

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For me, yes. Bitcoin is the future of money, because every year our life is become more digital and bitcoin is digital money and the future of bitcoin is really bright and have a good prospect. That's why bitcoin is good for the future.

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Quote from: Positid on December 19, 2016, 01:12:21 AM

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Quote from: Ewinsane on December 18, 2016, 03:50:38 PM

Quote from: mladbab on December 18, 2016, 01:02:50 PM

Cryptocurrency is future. Not only BTC. In future we will see more new cryptocurrency.

Yeah i think that we will be see different new currency in the future and they will be rise and shine as bitcoin but i am sure bitcoin will be on top of all crypto currency because people trust in bitcoin and adopting bitcoin in huge amount.

And because of that we will also see a lot of nonsense coins that are going to pop out and will make millions of money for their ICO's. Even though there are trusted crypto's especially bitcoin, for sure many are going to keep on using it as an alternative way of purchasing stuffs and as an investment, better to say that digital money is the future money.

Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future.

But if a government will not allow bitcoin to penetrate their financial system but does they sees that bitcoin has a good potential. They will just probably create their very own digital money and I just don't know if they will still do the same with bitcoins anonymity for it is going to be controlled by them and it is centralized.

Probably, government will have their own digital currency, something that they can control and regulate. Bitcoin is never their interest because it's anonymous and it's against the law of transparency as per government definition. Transparency for them, is something that they are fully aware of the necessary information of an individual who will transact online and bitcoin does not provide that.

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yes bitcoin is the real money of the future

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Quote from: manbitcoinlover on December 18, 2016, 03:54:10 PM

Money has no power because it is not backed by gold anymore. Money will be whatever humans decide money is. Money can even be rocks if everyone agreed to that concept. Well, thanks to big boy governments, long time ago currency was made to control the things we buy/sell and there is the birth of the concept of money. For bitcoin to be the future of money is something very unlikely. 1. People are not technologically understanding, so the average person will have a really hard time grasping this concept of volatility and cryptocurrency. 2. Bitcoin is still not popular enough for anyone to predict what will happen if everyone in the world would enter the BTC game.

I mostly agree that raw Bitcoin is not very usable overall

On the other hand, though, we have quite a few Bitcoin web wallets that pretty much cut it by hiding the gory details of Bitcoin technology under the hood. I don't think you are going to claim that average people can't cope with Internet banking, while transacting with Bitcoin is even easier than that if you use a web wallet. In respect to Bitcoin not being very popular right now and a spike in its popularity may quickly overwhelm the capacity of the Bitcoin network, this is a possible scenario, but we can only hope that things will change to the better before they start changing to the worse (in the sense you mean it)

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Quote from: danherbias07 on December 19, 2016, 02:41:54 AM

Indeed the future of money or every transaction to make it faster and convenient. Well as we see, a large percentage of people can now access the internet even with just a little of money. Here in our country with your $2 you can get a week of good internet.

Wow I wish that I was living in your country and very cheap price for 2 weeks of internet. And since internet and computers are already in the trend bitcoin is going to get this future money only for people who are living in the internet but for those people who are not able to touch computer and don't have an idea on what is happening with technology today, they will just simply stay to fiat.

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Indeed the future of money or every transaction to make it faster and convenient. Well as we see, a large percentage of people can now access the internet even with just a little of money. Here in our country with your $2 you can get a week of good internet.

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Quote from: Positid on December 19, 2016, 01:12:21 AM

Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future.

It is already the most dominant digital currency, and I don't see anything snooping away from Bitcoin's position in the coming years as I believe the adoption will only become stronger. It's of course no guarantee that it will really happen, but the decentralized aspect is what will draw attention from people. It's the eye catcher feature as people are looking for ways to avoid dealing with banks and governments. People want financial freedom for once in their life, and exactly this will lead to people slowly but steadily jumping into Bitcoin. In that regard, it's definitely not the future of money, but it's more the future digital "Gold" kind of tool.

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Quote from: Ewinsane on December 18, 2016, 03:50:38 PM

Quote from: mladbab on December 18, 2016, 01:02:50 PM

Cryptocurrency is future. Not only BTC. In future we will see more new cryptocurrency.

Yeah i think that we will be see different new currency in the future and they will be rise and shine as bitcoin but i am sure bitcoin will be on top of all crypto currency because people trust in bitcoin and adopting bitcoin in huge amount.

And because of that we will also see a lot of nonsense coins that are going to pop out and will make millions of money for their ICO's. Even though there are trusted crypto's especially bitcoin, for sure many are going to keep on using it as an alternative way of purchasing stuffs and as an investment, better to say that digital money is the future money.

Bitcoin is different from other digital money, it's digital but decentralized so people love it than others. I like Bitcoin actually because it gives me privacy so I believe it will going to be the most dominant digital currency in the future.

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