I don't think bitcoin is the money for the future, but bitcoin could be the international currency for people to move assets in the future.
But future paper money may fade away, and digital money will replace it.
Topic: Is Bitcoin Really The Future Of Money? - page 29. (Read 68809 times)
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
Indeed, bitcoin was proclaimed as dead more than 89 times because of the plunge happened in the month of January. It’s really disappointing every time we witnessed that there’s a decrease in value of bitcoin but the thing is, no matter how many times it will fall it never failed us to show its movement in the market. Before the end of February, there’s an increase of $3,000 which gives hope to all of us that bitcoin’s end is not yet near.
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. But it is now more parties who want bitcoin as a tool of investment only because it is more profitable than a substitute for money.
Going by the popularity bitcoin is gaining every single day and its acceptance worldwide and also the increase in its price every single day it's no wonder that bitcoin will be the only money in the future used extensively especially on the internet
I hope so! Though it's trading is a bit off now but that's just how the market goes. The movements are always unpredictable.
it could happen every country issuing its own edition of the cryptocurrency, if crypto's use has spread to the general public the country will have to issue crypto version of currency, and bitcoin is just a pioneer. and each country's currency has a separate market use country network and separate from the current crypto network. and BTC used for underground transactions remain not permitted in each country,
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
yes I think it os the future of monetary system, with its concept on how to make transactions. Also it is much easier and I think safer that fiat money. I think the only thing that it preventing bitcoin to become like the normal money is its volatility and legality. No country can use a money that is to volatile also a country must make a law considering bitcoin as a legal currency for it to be use in our every day life.
For me it is possible that bitcoin became really the future of money, but for now that bitcoin is not yet known by everyone it will always just a cryptocurrency, the best cryptocuurrency rather and i am sure that in the future everyone will use bitcoin ss the future money maybe 50 years from now
if bitcoin will be the future of money, the price or bitcoin value should not be as low as it is today. should be bitcoin bit stable price. but it is now more parties who want bitcoin as a tool of investment only, because it is more profitable than a substitute for money.
Probably because no one can say that whether bitcoin will be allowed or prohibited by the government. Because of its anonymity that helps criminals to use money in the private fashion government prohibits it from doing transactions between countries without taxes or obstacles so the government imposes restrictions on it.
Yes there is a chance that it will become the future of money. But in my side of opinion I would rather to choose Bitcoin as great investment assets compare to become a one world currency.There are still many discrepancies between countries and countries. Therefore, Bitcoin will need at least 50 years in order to be used widely on this planet
I think Bitcoin will exist in the future as a payment method. As a digital currency, Bitcoin will develop with the development of digital technology.
If we compare with the current system is certainly a reasonable thing that bitcoin worthy of future of money, this is because all the features needed for modern transactions available in bitcoin, for example is speed, low cost and of course security.
It's not the future of the money maybe, it can be the future of the humanity most probably. Very improtant improvements are taking place in bitcoin ecosystem as we all know.
If we compare with the current system is certainly a reasonable thing that bitcoin worthy of future of money, this is because all the features needed for modern transactions available in bitcoin, for example is speed, low cost and of course security.
I can say bitcoin holds potential and a promising future for the world of currency. It can potentially revolutionize the nature of currency itself and turn it into something more reliable, more secure, and most importantly, more convenient than fiat money itself. The moment cryptocurrency rids of its high volatility rate the series of events for fiat's reform would commence.
Fiat will exist as long as governments will do, and people will be forced to use it if they are going to pay taxes or get paid themselves for offering their services in the public sector. Therefore, I don't think it is quite correct to say that there will be totally no reason to use fiat. Governments are powerful and as long as they remain so, they won't accept Bitcoin as a viable alternative to fiat money. I mean, for example, as a legal tender for paying taxes.
I think in the future, bitcoin will be more popular to people and as a result, more people will use and prefer bitcoin over fiat money. More people will be interested in bitcoin and will start earning and using it. But not only bitcoin, there are many other cryptocurrencies that may rise in the future that are better than bitcoin. But we dont know what can happen in the future so lets wait and see.
Yes, bitcoin is the to the lead-thinking of portion. The doling out will reach the idea of crypto currency and most likely adopting the blockchain technology. And for us who are in crypto currencies this is a massive matter, transactions will be automated gone bitcoin and that is going to have the funds for the investors and businesses to handily lecture to it too.
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
Give it some time, I think more countries will open their market and start using bitcoin more and encourage its people to use it. Unlike other predictions about the market innovation, bitcoin still stand on the spot. New generation are now being more aware in the technological evolution so more people that will live in the next years will be integrated and be influenced by all this online aspects of finance.
i think bitcoin will be our future money all over the world or our universal money because of its increasing number of member. Its almost 60% of the population all over the world knows about bitcoin now and some of them use it as a payment.
Bitcoin is encouraging people day by day.Countless people think of it as the source of earning for the future.Because it is very expensive.
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