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Topic: Is Bitcoin Really The Future Of Money? - page 47. (Read 68805 times)

sr. member
Activity: 630
Merit: 251
January 06, 2018, 07:20:13 PM
I think yes, with significantly increased bitcoin users, this is a strong indication that bitcoin is the future of the currency system, and the government should immediately legalize bitcoin.
full member
Activity: 444
Merit: 101
January 06, 2018, 06:45:51 PM
I'm not sure that bitcoin is the future but i believe that crypto currencies is the future of money.  The role that bitcoin plays in that is still to be determined but i guess it'll play a very instrumental role being the first and most widely known crypto currency.  Amongst other issues like volatility and anonymity, decentralisation is a major issue for banks and governments, probably why crypto's have not been adopted more wider than it is now particularly by governments, banks or businesses..  Put simply, bitcoin i think is the concept of what money is in the future.
full member
Activity: 168
Merit: 102
January 06, 2018, 04:55:12 PM
There are a number of advantages, as discussed by other users, but it is important to remember that projects trying to do things more efficiently can arise. This is normal, especially in the technology field. The upside is that Bitcoin is open source, and as long as the developers do a good job, Bitcoin will be able to compete with new technologies.
full member
Activity: 338
Merit: 100
January 06, 2018, 03:29:14 PM
Yes, actually bitcoin is the future of digital money, but the majority of bitcoin owners prefer to call it an asset. Since they do not want to spend bitcoin directly, they just want to hold and sell when the bitcoin price is really high.
full member
Activity: 150
Merit: 100
January 06, 2018, 03:08:11 PM
I don't know if it is but making it future of money sounds good. Imagine, bitcoin payment worldwide how are the blockchain network if that happens? First to think is the traffic can cause if that happen, we all experiencing sometimes the traffic from blockchain.

Those who labeled it as ponzi scheme are the one who is not believe in bitcoin. If they do more research about bitcoin then they will like the concept of it like we do. Or maybe they will labeled it as ponzi scheme because they are aware that they will never get a tax on it.
newbie
Activity: 28
Merit: 0
January 06, 2018, 02:52:40 PM
I do not know if it's the future full of money. But if it is part of it. And we have seen that in the already used method of payment in exchange for other material things
member
Activity: 174
Merit: 15
January 06, 2018, 12:19:48 PM
BTC will be one without bounds monetary forms as it has opened way to numerous open doors and towards advanced cash indicating great example in view of blockchain. I don't have any uncertainty of it being critical piece of next advanced cash upheld by various states. BTC is future cash this cash stream into it isn't in vain.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
January 06, 2018, 12:10:45 PM
IMO it's really good concept, however it's being used in a wrong direction.. not as a medium of exchange (transaction) but more like a store of value which bitcoin (and other coins) lack in underlying real value.

Future of money should be much more cheaper in terms of transaction, mining fees, faster, and more efficient in energy consumption
newbie
Activity: 70
Merit: 0
January 06, 2018, 12:08:08 PM
Nothing is impossible because of technology nowadays specifically digital currency. Maybe it is hoax that it is dead 89 times, bitcoin is still continuing to progress and more individuals are starting to invest using this. Maybe someday, it will be well known to other countries for easy transferring of money.
full member
Activity: 252
Merit: 100
January 06, 2018, 12:01:44 PM
Yahh
bitcoiin will be the future of money.Because earning of bitcoin is little amount but it's price is very big.It has different path of fait.it's not a local currency.bitcoin has a unpredictable price.It's price change every moment.We should invest bitcoin for future money.Because in future bitcoin will be more choseble things in the world.
sr. member
Activity: 552
Merit: 250
January 06, 2018, 11:56:59 AM
In my opinion, yes Bitcoin and crypto currencies in general are the future of money. We can see clearly that the Bitcoin's community nowadays is a lot bigger and more enthusiast about BTC than before, and it keep growing up fastly, since Bitcoin also is going to moon.
full member
Activity: 434
Merit: 100
January 06, 2018, 11:54:01 AM
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

Those people who labeled bitcoins as a scam are just against bitcoins and creating a black propaganda in order for bitcoins not to circulate in the country well. There are many people who are being affected when the value of bitcoins is increasing either it is negative or positive but let bygones be bygones and hope for each others wealthy life in the future so lets support bitcoins for it to become successful in the future.
newbie
Activity: 20
Merit: 0
January 06, 2018, 11:53:45 AM
According to my view bitcoin will be future money.bitcoin is very flexible for the online transactions.bitcoin is digital currency,it will survive in this internet world.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
January 06, 2018, 11:50:10 AM
no, bitcoin is not a crypto currency, if bitcoin currency then it can be used for transaction but in fact bitcoin just as asset in real world. in 2007 bitcoin was born and aims to be used as a crypto currency but failed due to the price of bitcoin at the time was cheap and now in 2017 has increased rapidly. bitcoin can not be used as currency unless using satoshi may be possible but bitcoin has a price that can't be determined
Yes there is no doubt that bitcoin can be a future money because the way bitcoin is going fast so I think bitcoin will end world poverty as well bitcoin is now unstoppable and its almost in many countries its price is very high that’s why its demand is going high every day if world keep continue this support with bitcoin so soon bitcoin will be legal around the world and it will the future currency so best of luck for the future.
Although I like to using Bitcoin for my transaction but I hope we can use it for investment than for using at now.  First of all, I need to spend many money for my transaction fees, it is not good for my business because earn 10-20 $ / day is very hard for me. Until Bitcoin devs can solve this problem, I just use it for investment.
member
Activity: 154
Merit: 10
December 22, 2017, 06:34:36 AM
If I am going to analyze these things, there are a few crypt currencies that can be a candidate for future money. If bitkoyn disappears. But, as soon as we, bitkoyn, will exist, and the demand of the community will continue, bitkoyn can become the future money of mankind.
full member
Activity: 244
Merit: 101
December 21, 2017, 07:09:57 PM
I like to think of it this way. Bitcoin has a different path from fiat. It is not a future money but is a start of making its own. I do not see bitcoin as the one that will kill fiat or replace it. I always think that bitcoin is created to coexist with fiat, to fill its gaps and holes. Bitcoin gives the needs of the digital natives, they buy some but cash it out anyway. In my opinion, it is not a future money, it has a future of its own.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
December 21, 2017, 06:18:50 PM
I think bitcoin is more of a concept of the future of money. Bitcoin is the first prominent peer-to-peer digital currency but there are so many issues concerning bitcoin and if they are not updated properly they will mean the end of bitcoin.
newbie
Activity: 38
Merit: 0
December 21, 2017, 02:13:32 PM
Futures are contracts that allow investors to buy or sell something at a specific price in the future. But, unlike traditional products like oil or agricultural products, bitcoins are not physical assets. And unlike traditional currencies, there is no central bank that supports bitcoin. Virtual currencies are created on computers that use complex algorithms and are recorded in a digital ledger. That is why we must believe in this moden.
full member
Activity: 1008
Merit: 101
December 21, 2017, 12:33:04 PM
no, bitcoin is not a crypto currency, if bitcoin currency then it can be used for transaction but in fact bitcoin just as asset in real world. in 2007 bitcoin was born and aims to be used as a crypto currency but failed due to the price of bitcoin at the time was cheap and now in 2017 has increased rapidly. bitcoin can not be used as currency unless using satoshi may be possible but bitcoin has a price that can't be determined
Yes there is no doubt that bitcoin can be a future money because the way bitcoin is going fast so I think bitcoin will end world poverty as well bitcoin is now unstoppable and its almost in many countries its price is very high that’s why its demand is going high every day if world keep continue this support with bitcoin so soon bitcoin will be legal around the world and it will the future currency so best of luck for the future.
full member
Activity: 421
Merit: 105
December 21, 2017, 09:12:30 AM
I believe that bitcoin will be the future of money and the payment in the world
because many of people is already using bitcoin for the transaction.
Well yes, as of now, people are starting to believe in Bitcoin; actually some of them are now using Bitcoin for their payment especially when it is allowed to their country. From this, I could say that Bitcoin can another money in the future.
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