Is Bitcoin Really The Future Of Money? - page 117.

Yuuto

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Quote from: n0ne on December 03, 2016, 02:42:21 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.

Not really. Cashless system can mean a lot of things. The most basic definition of a cashless society would be a society where no paper money is used - and this is probably already pretty close, as the use of credit cards are already replacing cash in lots of aspects.

However credit cards are owned by commercial banks and based on fiat, and that's centralised creation of money. Bitcoin on the other hand is decentralised.

FaucetRank.com

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Quote from: n0ne on December 03, 2016, 02:42:21 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.

Every Nation will diffidently adopt cashless economy in near future as technology is changing very fast every day. Now goods are sold online and we pay through debit/credit card or through net banking so that day is not far when the world will be using Crypto currency. I think that day every nation will have their own digital crypto currency and world will forget the word FIAT.

raja3sumi

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yess bitcoins is really the future of money .the more popular and more increasing demand it becomes it will be accepted as currency as in the whole world .until and unless goverment totally approves for it ,u cant enjoy it at all to its fullest .so hope all the goverment approves for it n the future .

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Quote from: skyway1 on December 03, 2016, 03:20:25 PM

sometime i feel that bitcoin will be the future of money because nowadays bitcoin going too much popular and people are using bitcoin for online in every corner of the world and bitcoin is much more safest currency and its transaction is very much faster so i am sure bitcoin will be the future of money.

The demand and use of Bitcoin is growing, but Bitcoin is still not being used in every corner of the world, as you said. The network needs to expand first, and for that it's necessary that problems related to scalability are solved.

It's possible that segwit will be activated for the next few weeks, after that we may have applications contributing to Bitcoin becoming mainstream, in addition to technologies that will allow greater scalability, such as lightning network.

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Quote from: MMA on December 03, 2016, 05:41:53 PM

Quote from: n0ne on December 03, 2016, 02:42:21 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.

MMA

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Quote from: n0ne on December 03, 2016, 02:42:21 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.

skyway1

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sometime i feel that bitcoin will be the future of money because nowadays bitcoin going too much popular and people are using bitcoin for online in every corner of the world and bitcoin is much more safest currency and its transaction is very much faster so i am sure bitcoin will be the future of money.

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Quote from: nikrobi on November 30, 2016, 07:19:31 PM

Bitcoin is not the future of money, bitcoin is money. There are a lot of currencies in the world, as we have a lot of currencies on the internet, but only few currencies stand out, and that is what happen with bitcoin.
I don't know if bitcoin will be the future of currencies, but I knows it's the present, and a lot of people are making real money with bitcoins, so let's continue, go go go.

I still think that the bitcoin is going to be the future because everything will be digital and I think once upon a time there needs to be a global currency that can be used everywhere on the world.

Cryptojunkiez

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Quote from: Shiroslullaby on November 30, 2016, 07:20:16 PM

Monero is the future.
Bitcoin is old news, man.
Get with it!

I do not think this is true, I hope the bitcoin stays the main and also is a good currency, I think its already too far to get stopped honestly.

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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.

Meycell

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yes sure ! bitcoin is reflection modern created from future and in future need a new thing like bitcoin digital currency

FLoving

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Quote from: Shiroslullaby on November 30, 2016, 07:20:16 PM

Monero is the future.
Bitcoin is old news, man.
Get with it!

I Think Monero is an altcoin and will remain altcoin forever and will not be able to take the place of bitcoin because people who know about crypto world only love bitcoin and they want bitcoin because with bitcoin they have a number of business and they are earning a good income from it and are much satisfied with bitcoin and other people who do not have any business are also happy with bitcoin because they are getting a lot of opportunities online to earn money with bitcoin. But with monero I do not see any good opportunity to earn a good income just like bitcoin.

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Quote from: fiscorcle on December 02, 2016, 12:28:09 PM

I always thought we would be in a cashless society but didn't see anything like bitcoin in the future.
But now that it is here it does go hand in hand with what I thought it might be like.

That will happen in the future but I'm still doubtful if bitcoin is the one that will be implemented by the government. This is already planned by the new world government, that they will use a currency to make a one world currency and its value will be put in a microchip that will make it cashless. Maybe it will be bitcoin or another currency created by the world government.

Will it be something like plastic cards that are in use today or you mean something entirely different? In my view, it will be useful to expand the feature set of such cards by making them hold some amount of money directly, apart from making transactions online. And these cards could be used even in places where there is no connection to the bank or payment processor.

CraigWrightBTC

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For today bitcoins be considered as new gold and it is not really the future of money, the problem is not on bitcoin but on users of bitcoins because of they are not too understand about bitcoins.
Will be hard for bitcoins to become really money or be considered as money then be used for payment method in real life.

fiscorcle

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I always thought we would be in a cashless society but didn't see anything like bitcoin in the future.
But now that it is here it does go hand in hand with what I thought it might be like.

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Quote from: Shiroslullaby on November 30, 2016, 07:20:16 PM

Monero is the future.
Bitcoin is old news, man.
Get with it!

lol, why bring that here, why not go to altcoin section and create a thread about that, besides this is bitcoin discussion thread, and any valid reason why monero can take bitcoin's place? Don't get me wrong, i have nothing against monero, just curious on your baseless assumption (well as of now)

Anyway, i don't thik bitcoin will be the future money, maybe the technology behind it will help create the future of money. Coz placing myself as one government, i will not let any currency that is majorly owned by foreigner to be used as my national currency. I need control and regulation to secure my country's economy.

Nevis

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I think this is a no.Bitcoin is a currency that depends with fiat currency.Law of supply and demand.It cant stand alone unlike any other currencies now,So i think its not true that bitcoin is tge future of money

tee-rex

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Quote from: deadpoolx on December 02, 2016, 09:33:41 AM

Quote from: nikrobi on November 30, 2016, 07:19:31 PM

Bitcoin is not the future of money, bitcoin is money. There are a lot of currencies in the world, as we have a lot of currencies on the internet, but only few currencies stand out, and that is what happen with bitcoin.
I don't know if bitcoin will be the future of currencies, but I knows it's the present, and a lot of people are making real money with bitcoins, so let's continue, go go go.

Since fiat currency is not gold standard anymore, your statement is correct, Bitcoin is the real money. It is one of the only currencies that has real value, because it can not be inflated by the will of people with individual interests. Instead, Bitcoin is backed by science and technology, the sooner people realize it, the better for them.

I don't quite understand how Bitcoin value can be backed by science and technology. In my view, it is backed by the trust of people, just like fiat currencies are backed by the trust of people using them. Whether this trust is really based on people believing in the science and technology behind Bitcoin remains to be seen, though.

deadpoolx

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Quote from: nikrobi on November 30, 2016, 07:19:31 PM

Bitcoin is not the future of money, bitcoin is money. There are a lot of currencies in the world, as we have a lot of currencies on the internet, but only few currencies stand out, and that is what happen with bitcoin.
I don't know if bitcoin will be the future of currencies, but I knows it's the present, and a lot of people are making real money with bitcoins, so let's continue, go go go.

Since fiat currency is not gold standard anymore, your statement is correct, Bitcoin is the real money. It is one of the only currencies that has real value, because it can not be inflated by the will of people with individual interests. Instead, Bitcoin is backed by science and technology, the sooner people realize it, the better for them.

leonair

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Cryptocurrency is the future no matter how bad we don't want it, because we are on a technology age where our daily lives is depending now in using modern gadgets that is using world wide web.

Trading with a fast and most efficient time will win this time of age, and that's what Cryptocurrency can able to do, with the most fastest and less transaction fees payment platform, people will eventually migrate using it. But nobody can really tell what will happen next.

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