Is Bitcoin Really The Future Of Money? - page 120.

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Quote from: rickadone on November 29, 2016, 02:05:12 PM

Quote from: pinkpanther03 on November 28, 2016, 07:41:56 AM

I do believe 100% that bitcoin is the future of Money. Because nowadays little by little some of the countries adopting the system of bitcoin.

If the devs and foundation of bitcoin system manages it properly and if bitcoin could be used for commercial usage like doing shopping etc. then it could replace the other currencies very soon, the dev team and community will play a vital role in spreading awareness and main stream acceptance of bitcoin.

There is no such thing as Bitcoin Foundation (talking for the community)

If I'm not mistaken, whoever attempts at setting up something like that as an official body representing the Bitcoin community should be considered as impostors, tricksters and fraudsters. Having said that, I came to a conclusion that there seems to be a lot of strife and discord going on and happening in between developers and miners as well as inside each of these two groups. It wouldn't amount to anything serious or worthy of attention if it didn't become abundantly clear by now that these conflicts are already hurting Bitcoin development and growth badly

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Quote from: pinkpanther03 on November 28, 2016, 07:41:56 AM

I do believe 100% that bitcoin is the future of Money. Because nowadays little by little some of the countries adopting the system of bitcoin.

If the devs and foundation of bitcoin system manages it properly and if bitcoin could be used for commercial usage like doing shopping etc. then it could replace the other currencies very soon, the dev team and community will play a vital role in spreading awareness and main stream acceptance of bitcoin.

g2com

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Not necessarily Bitcoin, cryptocurrency is. Like commodity currencies began with shells, coffee beans and ended up in precious metal (or Nuka cola cap), Bitcoin will surely be replaced by something better. It has much faster transactions speed, no doubt. Also perhaps can have some self-adjustments of inflation or deflation.

olubams

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Its really going to be difficult if Bitcoin will really be the currency of the future because following the recent trend in what is going on and if Bitcoin will achieve that status government regulation will be a fundamental thing in which I am not sure countries are ready for now. Also the regulation if its not possible for government to get control of this then I see them banning everything all together which will in no small way impact this goal of being the future money...

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Current events have shown us that it is indeed the way, like in India a school accepts it. The stations at swizz have adopted, there's a Bitcoin Boulevard in Paris, it's even been adopted by dubai. It is indeed the future only a matter of time now, before all finally bow down to its power

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Quote from: Vaskiy on November 27, 2016, 12:42:28 PM

Bitcoin will gets used as a money in the future. Recent days more and more digital currencies have been coming into existence. But bitcoin has got increased potential for which, when days of digitalization happens over the entire world or at least in few nations.

I think to be able to use bitcoin just like paper money, it needs lots of development and upgrade to the point people can use it in their daily lives. But i terms of government used money, bitcoin will never be used as official money of any nation. It may have an impact to the financial system but it will always an alternative to fiat money.

jay8291

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Both will opertae side by side in economy. But bitcoin will have more influence than FIAT. Hope that happens

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Once found the weakness of the bitcoin, I so doubt that bitcoin main option remains. However, the shape of the future money will still adopt the system of the bitcoin.

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Quote from: FlightyPouch on November 25, 2016, 07:57:58 PM

Well, we are not so sure that bitcoin will be really the Future of money, it can be, but we are not sure. But all i can say is, there are many people who now uses, buy, sell and earn bitcoin. Bitcoins' price sky rocketedjust after the users of bitcoin blow up. So there is a chance that bitcoin may be the future of money.

I too am sure that bitcoin will be the future of money, as we can see that people are joining bitcoin and those who have already joined it are now increasing their investments in bitcoin, and that is the reason that the price of bitcoin is increasing continuously. Hope that bitcoin will be the future of money with huge price levels.

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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

most people say bitcoin great for the future cause bitcoin brings many advantages, to think bitcoin will dead Huh

it probably will not happen in the long term. but in the future anything can be happen.

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It seems like this takes a long time, the unification of European currencies, namely EURO takes over 20 years and still have not all European countries use Euro as government currency.

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Quote from: abel1337 on November 28, 2016, 10:26:34 AM

For me I believe in bitcoin is our future money. There for paypal is not famous and few people is using it. But now it is used.on many online transactions not just fiat.

Im hoping that bitcoin is accepted and can pay on many shops like paypal today do

Some of big country was accept and regulate bitcoin. I think people in the future will more interest with virtual transactions that make their business practicaly.

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Quote from: 1Referee on November 28, 2016, 07:55:15 AM

Quote from: Vaskiy on November 27, 2016, 12:42:28 PM

Bitcoin will gets used as a money in the future. Recent days more and more digital currencies have been coming into existence. But bitcoin has got increased potential for which, when days of digitalization happens over the entire world or at least in few nations.

Bitcoin has been used as money since the very early days where the price was nothing more than peanuts. On another note, the world is indeed becoming more digital, but that doesn't mean only Bitcoin will benefit from this. Governments and banks are doing everything to push their fiat system further in the economy by giving people a very well established payment platform to transact instantly without any fees. Plus, people also benefit from it as every purchase they do is insured. In that regard, the average joe will most likely not jump into Bitcoin because of the currency aspect. If they at some point decide to come over, then it will be due to the fact that they can store money outside the reach of banks and governments, and that it is a great investment option.

I agree that governments and banks (in fact, banks mostly) are going all out to make using fiat more convenient and handy. On the other hand, I'm still more inclined to think that they would do much better for all of us if they just made the currency they happen to issue less liable to inflation. In this way, all users of that currency would gain in equal degree, not just financially savvy ones. And this is where they ultimately lose even despite all their innovations...

No one gives a fuck about free of charge transactions if the currency is devaluing like Zimbabwean dollar

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Quote from: hajimasan on November 27, 2016, 11:35:15 AM

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

Actually Bitcoin is declared waste or dead many times but mainly it is declared by the writers or some bloggers and not by the user or bitcoin officially statement So we can say loudly that it is future currency of online world .

Those declarations only said when bitcoin is just starting up but into these days you could not able to read those bluffs regarding into bitcoin because they could already see the potential and the achievements of bitcoin on its earlier years. Its really normal for a new thing to have a criticism because of lacking hopes on this but to those who believe have surely been granted by huge money. Bitcoin is really a good project regarding on online transactions but still it cant replace fiat.

ardentvolcanoes

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bitcoin has a great potential to be the future of money but I think the future that we are saying is already happening in the present as it is used already as a money/currency, although it is just considered as alternative for fiat right now but it has more used than real currency as we can see. and there will be more development after it adopted to many countries.

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For me I believe in bitcoin is our future money. There for paypal is not famous and few people is using it. But now it is used.on many online transactions not just fiat.

Im hoping that bitcoin is accepted and can pay on many shops like paypal today do

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Quote from: BossMacko on November 28, 2016, 08:29:15 AM

I think not, As of now i only believe that Bitcoin is the future of Alt Coins, Because i know that most of the alt coins features are most likely came from Bitcoin. But i do not believe that Bitcoin is the future of money because not all of the people are using Bitcoin. If you think that it is the future of money because we can send and received Bitcoin and used it for online. We can also used Dollars or any currencies to send and receive and also in Online.

Well if that was the case then everybody would have their own alt coin.
If it wasn't for the forefather then there were be no children right?
Bitcoin is and will be the center from what comes next to take over when the grandfather has done its job.

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I think not, As of now i only believe that Bitcoin is the future of Alt Coins, Because i know that most of the alt coins features are most likely came from Bitcoin. But i do not believe that Bitcoin is the future of money because not all of the people are using Bitcoin. If you think that it is the future of money because we can send and received Bitcoin and used it for online. We can also used Dollars or any currencies to send and receive and also in Online.

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Quote from: Palodar on November 28, 2016, 08:05:03 AM

Quote from: fiscorcle on November 28, 2016, 08:00:27 AM

Anything that induces progress in the evolution of mankind is what it beholds in our future. So why deny it any longer with trying to surpress what bitcoin is and can do for the economies of the world? Just does not make any sense with what I have read here so far.

Right. It can be ,but probably a must money in online World, it is being adopted now by many users and it is greatly developing now. So let us just enjoy that we already knew bitcoin. Because some doesnt even heard anything about it yet.

I find that really hard to believe.
Unless they are living under a rock, in the jungle or on an desolate island how can anyone not have heard about it?

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Quote from: pinkpanther03 on November 28, 2016, 07:41:56 AM

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

I do believe 100% that bitcoin is the future of Money. Because nowadays little by little some of the countries adopting the system of bitcoin.

No reservation at all? You must be to confident, can you back your statement with something that would prove on why you arrive on that speculation. I am pretty sure, most investors does not believe that way too much.

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