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Topic: Is Bitcoin Really The Future Of Money? - page 18. (Read 68805 times)

legendary
Activity: 1218
Merit: 1000
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
The bitcoin will become our future money if all of the people will recognize bitcoin as a money. Many people in our society are still not aware to what is bitcoin. Bitcoin will only become global currency if most of the people will use it.
hopefully bitcoin made in the transaction tool, or payment in the future. in fact, today there are many people who use it, but, most bitcoin is not allowed to be a tool of transactions in some countries.
newbie
Activity: 69
Merit: 0
Bitcoin is not the future money, for the reason of very limited supply. Bitcoin does create the technology for future money. I think at some point central banks will create cyber money on their own.
sr. member
Activity: 924
Merit: 275
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
The bitcoin will become our future money if all of the people will recognize bitcoin as a money. Many people in our society are still not aware to what is bitcoin. Bitcoin will only become global currency if most of the people will use it.
newbie
Activity: 56
Merit: 0
It very much depends how you define "future of money"

If you define future of money as Bitcoin replacing current FIAT systems like the USD - this cannot happen.
For the society to develop people must spend money. Inflation incentives spending because the value of your currency drops. Spending boost business, business boost progress by innovation.

Bitcoin cannot replace current fiat system because it is not inflationary.
newbie
Activity: 66
Merit: 0
I think so. I have read people said, "bitcoin is dead", even you said bitcoin have died for 89 times, but bitcoin is still here. remember, bitcoin is addopted as accepted money in some countries like Japan, Russia, China, etc. and now we can see there are a lot of shops around the world accept bitcoin as payment. I don't know whether bitcoi. will be accepted as money in every country or not, but I'm sure it will be future money. just remember money definition.
newbie
Activity: 52
Merit: 0
The future of money is actually difficult to predict but following the trend, the popularity of Bitcoin is really expanding and even over here, the awareness is just going at a geometric rate couple with the rate of increase in the price of the community. In essence I am saying that if this trend should continue, then we are having a major shift from the traditional way of which we see money and its happening soon.
newbie
Activity: 56
Merit: 0
Of course
newbie
Activity: 56
Merit: 0
Digital is the way to go everything is digital it's a nature movement. It is fairly obvious bitcoin is the future of money.
Should we rather use paper ? While we at it let's all buy newspapers. Let's all visit liberys ! Lol
jr. member
Activity: 49
Merit: 1
Bitcoin is an option to the current fiat system that has too many corruption at the moment, people still getting rich whe they follow politician career, something shouldnt happen. Bitcoin exposed the problems around fees, and the high cost taken from each transaction we do make.
newbie
Activity: 50
Merit: 0
Online money is the future, and bitcoin is a great example of it. It could be the future.
jr. member
Activity: 45
Merit: 106
Her yükselişin bir inişi, her inişin de bir çıkışı olur.
newbie
Activity: 62
Merit: 0
If we mean the nearby or mid-term future and if we could talk with numbers I believe that after 15-20 years as it increases the number of people who have everyday access to internet as well as the training of the people will be increased to cryptocurrencies not only the btc but also other -coins will get their competitive position as a transaction value between people like as fiat money. I fear only the reaction of the financial institutions will try every way to distract people from the use of any cryptocurrency not only from bitcoins.
newbie
Activity: 107
Merit: 0
I dont think it is not in its current form. Blockchain is future but BTC is not
newbie
Activity: 49
Merit: 0

There is a chance that Bitcoin will be the future of money! No one knows what the future holds and all we can do is make predictions. Many pessimists have discounted Bitcoin and have said that the cryptocurrency has been dead for many years, but the current price for a whole Bitcoin is over 700 US dollars. I like to think of Bitcoin optimistically, where the sky is the limit and the currency will replace cash. All we can do now is spread the word of Bitcoin and have more people realize the potential.
newbie
Activity: 43
Merit: 0

   This question doesn`t have one answer, I`m staring in all this answers, predictions, wishes, and in this topic, and there is so much of everything. I believe in changes, system we have now is very old one, and I expect changes to come. Bitcoin have a good structure, and it seems like bitcoin have advantages over fiat. That is not enough for one currency to get to the top, in end we as people decide what will adopt or not.
   I support bitcoin, and for that reason I would like to see bitcoin as future of money. Just for that bitcoin will need many supporters, and in case that people start to like bitcoin as something new and better then everything else, expansion and taking primate will be easy task for bitcoin as currency.
newbie
Activity: 52
Merit: 0

If you look at the internet, when it started out with ArpaNet, it has some similarities to the evolution of Bitcoin. It was a small network and people said it was only used by a selective group of scammers and pedophiles to spread crime. So we are in that stage now, where everyone seem to doubt if it should be used for anything else.

We will push through that barrier and evolve to the next levels, when mainstream adoption becomes a reality. ^smile^
newbie
Activity: 64
Merit: 0
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.
newbie
Activity: 54
Merit: 0

It is sure  becouse bitcoin have so many advantage than fiat. We just need to use it and wait for it to grow. Just compare the market caps of any company of any country that has a play in a fiat stock exchange... 60 billions at minimum vs the few 11 billions of Bitcoin
newbie
Activity: 60
Merit: 0

Yeah, bitcoin is the future of money. I believe we can see many other crytpto currencies emerging in future and also we can expect new people using bitcoin. Yes, those writers are paid to make bitcoin look like a failed piece of technology. They are financed and supported by people who are against innovation and even by banks who stands to gain if bitcoin is eliminated.
member
Activity: 294
Merit: 34
Yes, I guess so, we are now being introduced to the internet money and bitcoin has the potential to replace paper bills and minted coins. But it is something that the people, the market, the government and banks are not ready to adopt because of the risk of losing control of their economies and their relevance if they promote and encourage bitcoin currency.
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