Topic: Is Bitcoin Really The Future Of Money? - page 50. (Read 68805 times)

That is why it's more transparent, no one can manipulate the blockchain record and bitcoin is a new revolutionary currency that should be enjoyed by everyone. People can use it as an online transaction as payment processor and they can also take advantage of the increase value by investing with bitcoin, I think it gives good benefits for users regardless of the purpose we have in mind.

We’re about to enter a new phase of money. The future of money is programmable. When we combine software and currency, money becomes more than just a static unit of value, and we don’t have to rely on institutions for security. In a programmable world, we remove humans and institutions from the loop. And when this happens, we won’t even feel like we’re transacting anymore. Money will be directed by software, and it will just safely and securely flow. Cryptocurrencies are the first step of this evolution. Cryptocurrencies are digital money that isn’t run by any government or bank. It’s money designed to work in a world without intermediaries. Bitcoin is the most ubiquitous cryptocurrency, but there are hundreds of them.

Yes for sure because more people know bitcoin and now the value of bitcoin is going up more people will be interested

Oscar revealed there are several reasons that make the digital currency is different from the conventional version. One reason, because BitCoin and other digital currencies take advantage of a system that runs independently of a centralized server. The entire server is decentralized and all transactions are verified automatically without human intervention.

We still hope that this is so. That bitkoyn and other crypto currency is the future of our money. Such a formulation is confirmed by the growing demand for bitcoquine and its recognition and blockchein technology as truly technologically advanced and revolutionary by many states and their governments. We can almost certainly say that the digital currency is the future of our money.

I heard the Japanese and Korean government are trying to use the blockchain technology of Ripple to develop a digital currency use blockchain for their system. The price of Ripple has increased by this reason, so, I think Bitcoin can't become the national currency because the government want to own the digital currency.

There is more possibility that bitcoin will be accepted as national currency in the future and this will make the future of bitcoin more brighter but it will take some time because bitcoin is still getting interest of more and more users.

It is not easy work that bitcoin will be accepted as a national currency the chances will be increased with time when bitcoin become famous more and more then large number of people will start following bitcoins in the world then the possibility will be increased to accept bitcoin as a national currency.

I beleive techonology of bitcoin is that the way forword for cash. Sadly, can what is going to most likely happen is central banks and such will produce their version of bitcoin, controlled by them, then which will replace bitcoin within the tradional economy. They are going to try and interact what they can't management. I do know of North american nation and bank of europe country all have fascinating papers on blockchain school and bitcoin.

Could be, could also be another altcoin that takes the place for more "normal" transactions. Gold=bitcoin, silver=altcoin for example

Yes bitcoin is  the future of money because people use bitcoin and trading to money so that i can say bitcoin is fure of money.

there's possible that bitcoin is future of money because bitcoin become popular and strong and sooner it will recognize in the future as a money

I don't think so that bitcoin is the future money, because bitcoin is moving forward for investment and also a famous or popular cryptocurrency now in the world, it is maybe a future money someday.

Bitcoin which came into being in 2009 as a bit of encrypted software and has no central bank backing it and no legal exchange rate has risen from a 2017 low of $752 in mid-January and surged dramatically in the past month.“Bitcoin now seems like a charging train with no brakes,There is an unfathomable amount of new participants piling into the cryptocurrency market so we can easily say that the future belongs to Bitcoin.

The world population right now has an open door to freedom from slavery from the central banks. An open door to escape the out of control inflation money printing that robs us blind each passing year.

But as the old saying goes you can lead a horse to water but you you can’t make the horse drink the water. Even most of the people on this forum are too scared to buy and hold their bitcoins out of fear the BTC price will drop like a rock. But we are all too stubborn and bicker too much with each other or in conflict to much with each other to step through the door.

Most people in the world are stupid sheep, brain washed and lead like a heard through media propaganda. The elites of the world are already planning their "FEDCOIN". Every central bank in the world is mobilizing right now and preparing to sell us on the idea of a crytpocurrency cashless society.

Of course they have to allow us monkeys to get used to the idea of this dramatic shift first. Then once we are comfortable with all the privacy and benefits bitcoin offers, and warmed up to the idea of going cashless ...the Federal Reserve and the rest of the central banks of the world begin to sell us on their centralized "FEDCOIN" or similar. Once that happens then the real slavery of the masses can begin. Once this happens the Federal Reserve will be able to control everything you buy and sell and you will have zero privacy.

These people at the central banks are not stupid..... We are living in the biggest con job in human history and most people are too damn dumb and naive to even see it coming.

I am wasting my time typing this ... I know it will be impossible to get through too most peoples thick skulls what is coming. Most will be naive and argue.

I think it will be the future of world currency because no one can deny the growing bitcoin, in the future this kind of electronic money will be popular and widely developed in all countries. the world and I think this is what we are looking forward to, it will be fun if it becomes a reality.

If you’re not a math genius or a cryptographer, it can be hard to wrap your head around what Bitcoin is. So two years ago, I decided to get familiarized by immersing myself in it. I got rid of my cash and credit cards, and spent a week in San Francisco living on Bitcoin. At the time, few people had heard of the cryptocurrency, and fewer actually accepted it. I couldn’t pay my rent. I had to walk or bike everywhere. The only food places that took it were a sushi restaurant, a cupcake shop, and a grocery store, which were all miles away (I lost 5 pounds in a week). It was hard, but I got to know the fervent libertarians, entrepreneurs, cryptogeeks, and fringe economists who were part of Bitcoin’s then-small community. They so desperately wanted their radical currency to succeed, and they were worried at the time that the U.S. government might ban it.

Clearly there can be better than a bit coin. But I do not think there is anything beyond the beat coin yet. I think it is different from ALT here.

I guess you are right, bitcoin cannot replace fiat because everyone are using fiat without using internet. But i believe that bitcoin will be a payment system in the world soon.

I can agree with you Bitcoin is a decentralized network, so, the government will not accept Bitcoin to replace FIAT. But with digital currency, it is different. The world are changing to digital era, we need to have a currency as international currency for payment. It is useful for many people, but it seems useless for those who are the part of financial market.