Is Bitcoin Really The Future Of Money? - page 115.

RajaJudi

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Less is more

Quote from: ?? on ??

Bitcoin needs to survive the next 3 years. I think it will.
What happens then is that it will gain value like a fine wine.

Currency doesnt do that

It can. Bitcoin can live longer than three years, three decades and even three centuries. It is not easy to harm something unphysical. Nature, wind, age can damage physical things but it can never touch Bitcoin. The only way to kill Bitcoin is to knock down the whole Internet system.

ged00u

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Quote from: clickerz on December 18, 2016, 02:07:07 AM

Quote from: cardoyasilad on December 17, 2016, 11:48:48 PM

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

Yes, I agree that there is no guarantee but bitcoin offers us a platform or template for possible Future Digital Money. As of today,bitcoin is acting as one of it, tough its not perfect but we are heading there with constant update and innovation.

Yes and I think that people also have something to deal with the future of bitcoin. It's not just about how fast bitcoin is updated or how much the price has gone up, it's also related to its users and the newcomers. Because a minority of people still thinks that bitcoin is something bad and dangerous, bitcoin's growth is slow down. So it's hard to say anything about the future.

salemon

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Quote from: ?? on ??

Bitcoin needs to survive the next 3 years. I think it will.
What happens then is that it will gain value like a fine wine.

Currency doesnt do that

Checking years are only suitable for wine or cognac, it's true. But in the case of all bitcoin very hard. I think that cryptocurrency strengthen their position, but to become the only currency in the world will not work for three years.

n2004al

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The cryptomoney maybe but bitcoin itself cannot be. It is impossible that bitcoin cover all the needs for money for the entire world because the amount in circulation of it or that can be produced in the future are very few. As such are insufficient to fulfill the need even for one country if this country is big and developed. Then the most important thing is that bitcoin cannot be controlled as a currency. No one country can accept this fact for its economy.

dhampir-D

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Quote from: cardoyasilad on December 17, 2016, 11:48:48 PM

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

In the future Bitcoin will probably not be the only successful cryptocurrency in existence, which is the reason why it is difficult to know whether Bitcoin will be the currency of the future or not. On the other hand, with regard to fiat currencies, it is easy to see that there are too many problems related to it, and it tends to decrease people's purchasing power, so it is reasonable to believe that Bitcoin will be a better alternative in the future.

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Quote from: cardoyasilad on December 17, 2016, 11:48:48 PM

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

I think the development of bitcoin very rapidly and the potential bitcoin will provide as assurance that bicoin at least will have a bright future. regardless of the currency of the future, I believe bitcoin will talk more in the future later,

nanay777

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Once bitcoin into thousands of households, many businesses also accept it as a means of payment, then it is possible to eventually use bitcoin to measure goods and services, rather than legal tender.
Now, bitcoin exchange rate is too unstable, digital assets can not be used as a unit of measurement, but over time bitcoin prices will tend to stabilize. If bitcoin completes the final step, it is regarded as a unit of measurement, then it can be a common currency.

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Quote from: cardoyasilad on December 17, 2016, 11:48:48 PM

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

Yes, I agree that there is no guarantee but bitcoin offers us a platform or template for possible Future Digital Money. As of today,bitcoin is acting as one of it, tough its not perfect but we are heading there with constant update and innovation.

bikbik2

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Quote from: cardoyasilad on December 17, 2016, 11:48:48 PM

We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

If the future of money depends on cryptocurrency, we must promote them, otherwise they will enjoy only a limited number of people. And then the revolution will not happen in the financial world.

cardoyasilad

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We have no guarentees that bitcoin will be next future money we all know that maybe one day bitcoin will gone but i hope bitcoin will stay years from now. I dont think bitcoin will be next as long as the fiat still exist.

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Quote from: Babayega31 on December 17, 2016, 11:35:13 PM

Quote from: tripplewarz on December 17, 2016, 07:33:56 PM

Quote from: Rahar02 on December 17, 2016, 06:02:23 PM

Quote from: rajasumi2 on November 06, 2016, 06:12:03 PM

Quote from: ameerrosic on November 06, 2016, 06:03:14 PM

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

yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos

Bitcoin had become the future of money, it's a digital currency that has highest exchange rate and all of money are going to digitalize or at least has the digital version such as credit card, banks transfer are digital (no physical fiat involve in transaction).
But, if you asked in the future bitcoin would be the most famous and major currency. I don't think so as we have too many international currencies related to first world country and financial economics will always surround among them.

You think first about the people who live in remote places where they can be even no Internet. So how much money they will welcome the most. Of course the real, not virtual.

Yes it.could be the future of money but not the whole population of this world will adopt it directly there is an optional between fiat and bitcoin transactions.

But it was to being true, seem a lot of the government was ignoring it. But in my personally my guess if I was seeing it from the constitutional perspective will never being the future of the constitutional currency.
But if we will be going outside from the constitutional and I can be the future of money for everyone. Inside or outside the constitutional.

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Quote from: tripplewarz on December 17, 2016, 07:33:56 PM

Quote from: Rahar02 on December 17, 2016, 06:02:23 PM

Quote from: rajasumi2 on November 06, 2016, 06:12:03 PM

Quote from: ameerrosic on November 06, 2016, 06:03:14 PM

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

yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos

Bitcoin had become the future of money, it's a digital currency that has highest exchange rate and all of money are going to digitalize or at least has the digital version such as credit card, banks transfer are digital (no physical fiat involve in transaction).
But, if you asked in the future bitcoin would be the most famous and major currency. I don't think so as we have too many international currencies related to first world country and financial economics will always surround among them.

You think first about the people who live in remote places where they can be even no Internet. So how much money they will welcome the most. Of course the real, not virtual.

Yes it.could be the future of money but not the whole population of this world will adopt it directly there is an optional between fiat and bitcoin transactions. I believe that its the future of money because this bitcoi has its own economic growth and it has big impact to those people who earn from it.

tripplewarz

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Quote from: Rahar02 on December 17, 2016, 06:02:23 PM

Quote from: rajasumi2 on November 06, 2016, 06:12:03 PM

Quote from: ameerrosic on November 06, 2016, 06:03:14 PM

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

yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos

Bitcoin had become the future of money, it's a digital currency that has highest exchange rate and all of money are going to digitalize or at least has the digital version such as credit card, banks transfer are digital (no physical fiat involve in transaction).
But, if you asked in the future bitcoin would be the most famous and major currency. I don't think so as we have too many international currencies related to first world country and financial economics will always surround among them.

You think first about the people who live in remote places where they can be even no Internet. So how much money they will welcome the most. Of course the real, not virtual.

pyata4ok

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If, however, assume for a moment that the future of the world is bitcoin money, then the question arises, due to what or who will be the state if they are now living at the expense of taxes. But taxes and bitcoin is a different understanding.

anasis

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In discussing network information when peers are experts that it is paper money will lose its popularity among the population in ten years. Therefore, it is possible that the digital currency will take their place.

Rahar02

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Quote from: rajasumi2 on November 06, 2016, 06:12:03 PM

Quote from: ameerrosic on November 06, 2016, 06:03:14 PM

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

yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos

Bitcoin had become the future of money, it's a digital currency that has highest exchange rate and all of money are going to digitalize or at least has the digital version such as credit card, banks transfer are digital (no physical fiat involve in transaction).
But, if you asked in the future bitcoin would be the most famous and major currency. I don't think so as we have too many international currencies related to first world country and financial economics will always surround among them.

maister77777

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Quote from: agamasrori on December 10, 2016, 09:59:25 PM

Human is moving forward, in the past we do barter for our transaction. Now, we use paper money/phisical money/fiat. But we are step for the future to use bitcoin as a currency with a lot of benefit on it.

I'd be afraid to rely solely on one type of currency, and particularly digital. We need to live and to suggest many options.

agamasrori

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Human is moving forward, in the past we do barter for our transaction. Now, we use paper money/phisical money/fiat. But we are step for the future to use bitcoin as a currency with a lot of benefit on it.

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Quote from: 20kevin20 on December 10, 2016, 02:26:27 PM

Quote from: deisik on December 10, 2016, 01:24:15 PM

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Quote from: MMA on December 03, 2016, 06:41:53 PM

Quote from: n0ne on December 03, 2016, 03:42:21 PM

If every nation adopts cashless system, bitcoin will surely be the currency of the future days. The reason is that no other digital currency has got acceptance and popularity similar to bitcoin though lots of digital currencies have got existed.

yes that is a fact that there is not any other currency which be compare to bitcoin, hope that bitcoin will be the future of money, as people are continuously accepting bitcoin and bitcoin is becoming more and more popular.

The idea of Bitcoin will be recreated, but Bitcoin will never become the currency for any country. These Elites are seeking to control everything they can. Bitcoin is like their enemy - they would be dead without having counted each step we make and as much information as they can.

That is highly unlikely

If Bitcoin was the worst enemy of the elites they could without much ado either buy it directly or outmine every miner out there. Bitcoin is too tiny to be the worst enemy of anyone of that calibre. If it ever lives up to that, we will certainly see some action toward or against it. Though the elites would likely choose to use it to their own advantage

Look at India. Many people are looking for Bitcoin right now, so many that they are using a premium price for 1BTC: $1200! That's insane. If you found out your bank notes will be valued at $0 tomorrow.. Wouldn't you prefer using Bitcoin instead of who knows what else? Bitcoin, Gold and Silver are the most used ones in India at the moment. Bitcoin is their enemy because it's anonymous. Anonymous things are their targets. The future of money will be virtual, but it certainly won't be an anonymous one.

It is in fact debatable how many people are actually looking for Bitcoin right now in India. And so high a price seems to confirm that the number of these people is not very great, though this is obviously counterintuitive. Really, if so many people were looking for bitcoins, then its price would have skyrocketed everywhere, and not just in India alone. Don't forget that India has a population of more than a billion...

There should be other reasons explaining such price, provided it is really so in the first place

Tanic

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Quote from: socks435 on December 10, 2016, 02:21:16 PM

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Quote from: sadasa on December 10, 2016, 01:09:40 PM

Quote from: iqlimasyadiqa on December 10, 2016, 09:58:23 AM

This time I chose bitcoin as financial future in this world. bitcoin could be money in the future. in the future we have a variety of advanced technologies, so bitcoin could answer all the things that we need at the moment.

Bitcoin could be money in future? It is a form of money now, digital money but money none of the less. Bitcoin won't takeover all money services and it doesn't need too, it just needs to live along side.

I think by saying "bitcoin could be money in the future" he meant that bitcoin would widespread in the world that people would use it as a currency for all their daily needs (like our local currencies now). But sure, bitcoin wouldn't strike every aspect of world economy. Yet, it would be really the future of money.

I think it can be happen in the future that bitcoin can be use widely or for daily use. even right now we are starting using it for our daily needs.. and i think the price of bitcoin will be more high in the future..

That is what I also think. I doubt that bitcoin will replace fiat or other currencies. I think bitcoin will be used on the same level as other currencies, such US dollar and euro. But what is really gonna be we will see ourself in the nearly future.

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