Is Bitcoin Really The Future Of Money? - page 41.

goldcoinminer

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Quote from: odranoel on January 30, 2018, 09:57:59 AM

Yes it is very possible, but for me it is a waste of bitcoin if it will be happen. Because it happen to be that you used bitcoin for payment even in a small amount value or price, so if there is a change instead you push yourself to buy another one.

The future of money does not mean it will dominate the world and it will force people to use bitcoin for their daily transactions.
I still believe that paper money will remain useful as most people are not ready for online transactions only, due to lack of education and there
are some countries like undeveloped countries where people are suffering from poverty problem.

odranoel

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Yes it is very possible, but for me it is a waste of bitcoin if it will be happen. Because it happen to be that you used bitcoin for payment even in a small amount value or price, so if there is a change instead you push yourself to buy another one.

electronix11

newbie

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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

It is possible to claim that bitcoin or should i say virtual currency could be the future of money, but that would be a long time before it happens, we are not certain about that for now since the government interrupts.

tanxingwo1215

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Electronic currency and the digital currency can be easily across geographical barriers in global circulation, the generally accepted sex is no longer bound by national boundaries, as long as you can surf the Internet can use COINS to exchange goods.

In some developed countries, bitcoin is only used to meet the needs of everyday life. In the near future, bitcoin will become the dominant currency on the Internet.

Chainblock

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Bitcoin is the start of a revolution. Maybe not the future of money, since it still has many flaws, but the forefather of online data storage and proof of integrity. For this reason, I believe Bitcoin will always have value.

Zaarin

newbie

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Bitcoin is money in the difficult. Bitcoin will be used as currency in the highly developed to accelerate the transactions that we realize, especially as soon as we visit abnormal countries, bitcoin will be used as a currency that can be used in all counrries. so maybe, payroll jobs that will be provided in the from of bitcoin. but to the front that happens, the price of bitcoin should have tote on going prices.

Raufjoze

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Quote from: millgates on November 06, 2016, 10:14:31 PM

I am really sure, becouse bitcoin have so many advantage than fiat, so I think it is possible for bitcoin to be future of money.

in addition to bitcoin as a future digital currency bitcoin is also an inheritable asset, indeed when some countries have not legalized this crypto currency, but I am sure bitcoin will become a digital currency recognized worldwide as the second currency after fiat currency

wormgummy019

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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

Yes, it is very true that bitcoin is the future of money. Because you can convert your bitcoin into money and if you invest money in bitcoin it will multiplied. See? In that concept you will know that the bitcoin is the future of money. Aside from that it is also safe to invest money in bitcoin. All you have to do is to wait for your money to earn profit and it will be the future of money.

Konyox

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The cryptomoney possibly however bitcoin itself can't be. It is incomprehensible that bitcoin cover every one of the requirements for cash for the whole world on the grounds that the sum available for use of it or that can be delivered later on are not very many. In that capacity are inadequate to satisfy the need notwithstanding for one nation if this nation is enormous and created. At that point the most vital thing is that bitcoin can't be controlled as a money. Nobody nation can acknowledge this reality for its economy

55KeiKei55

newbie

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I don't think so.
As you all know, crypt currency is not safety and equal.
Of course block chain is safety, but there is someone who control it.(Miner, Exchange, Rich Investor.)
As long as people handle something of crypt currency, problems happen.

It must be completely neutral.(Not 100 percent.)
I guess crypt currency issued by central bank of each country will be the future of money.

Joylee

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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.

bytomboy1234

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Quote from: mininghubby on January 30, 2018, 05:43:44 AM

Quote from: Arumi.Bilqis on January 28, 2018, 01:59:42 PM

I think it's true bitcoin will be the currency of the future and will replace the paper money but it will happen because there are still many countries that do not let the bitcoin.

I don't think it is the future of money i think it is just a way of payment system. Although Its true that bitcoin price is really amazing amd many has started to use bitcoin because of its price. But it doesnt mean that bitcoin is our future currency, There is a possibility of banning of bitcoin in every state that can cause the fading of bitcoin.

I don't think fiat can be replaceable by crypto as a whole. 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.

Seaze007

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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

If the value of bitcoin is became stable maybe in near future it became future money or became official currency. Because now their are more people that using bitcoin and interest of bitcoin.

Granslam

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Hopefully it is, bitcoin has the potential to change the way we look at money nowadays doesn't it? People have been talking about how revolutionary its rise in value and popularity is. If it doesn't become the future of money itself, it would be safe to say that it atleast have been the stepping stone towards developing a better one in the future.

Falgorn

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Bitcoin began to face difficulties from the very moment the world learned of the existence of a decentralized digital currency.
In theory, the invention of a quantum computer will change the world and can destroy Bitcoin in a few minutes. So, it's too early to make a guess. Wait and see. Maybe something will be created more perfect.

Roydgon

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Merit: 10

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 think yes. Bitcoin's future. A new kind of currency is pouring into people's lives. And what about without it?

marcuslong

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Quote from: ?? on ??

Bitcoin or any other cryptocurrecy be part of the future of money but I dont think that the FIAT money system will be replaced. Too much interests standing in the way...

Yes, exaxtly. Bitcoin will never be replaced fiats. Bitcoin has been banned in some government and countries so that there are higher chance that it will not replace the real money but Bitcoin can reduce the percentage of using the real money of all people here in the world. Bitcoin has been used in many transactions but it is not enough to be a replacement of the real money because of its volatility.

NEYolks

jr. member

Activity: 47

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Yes no doubt the future.

Amazing concept and blockchain frame work.

Hell yes it the future. For INR conversion atleast it's a blessing

*Bitcoin Price:*

Date-wise lowest Price of 1 bitcoin

(in $ and ₹)

* Jan 2009 to Jan 2010- Basically None.

nicko122

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It can not be said that doubts about bitcoin did not visit us, because this is something completely new in the investment market, and, in principle, too. People tend to be skeptical about something new and not tested.

Bambinoe

full member

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It should be the future of money because of its ease in transaction and decentralization.

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