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Topic: Is Bitcoin Really The Future Of Money? - page 55. (Read 68781 times)

full member
Activity: 658
Merit: 100
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December 01, 2017, 06:00:38 AM
Bitcoins are not the future of money because there are so many altcoins born every day and then in the future it will be replaced by better altcoin.
hero member
Activity: 952
Merit: 500
December 01, 2017, 05:56:26 AM
I don't think Bitcoin will become the future of money as not every person can accept is (many people think it's a scam). Of course it has many advantages and disadvantages but for a not great amount of people. What is more, I'm not sure it'll become legal in majority of countries. That's the problem as goverments are afraid of its transaction. Taxes are so important.
You are talking about many of the inadequacies of bitcoin at the moment. Over time, there will be certain changes, governments will probably adopt some new measures to better control.
They need to do the proper control because bitcoin is growing, and when it's big enough and they just disregard it, this might destroy
their system. Actually, it's not hard to regulate or control bitcoin because they are the government and they have the full power to do it.
hero member
Activity: 1593
Merit: 502
December 01, 2017, 05:30:29 AM
I don't think Bitcoin will become the future of money as not every person can accept is (many people think it's a scam). Of course it has many advantages and disadvantages but for a not great amount of people. What is more, I'm not sure it'll become legal in majority of countries. That's the problem as goverments are afraid of its transaction. Taxes are so important.
You are talking about many of the inadequacies of bitcoin at the moment. Over time, there will be certain changes, governments will probably adopt some new measures to better control.
full member
Activity: 280
Merit: 100
December 01, 2017, 05:21:34 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

Yes, I think one of the cryptocurrencies are going to be the currency of future, especially bitcoin because it was one of the pioneers of crypto, but the design of bitcoin doesn't fit for being the standard currency because of its unstable value, people are going to have a hard time managing their money. If bitcoins become the currency of the future they should stabilize its value or redesign the bitcoin system.

But even if bitcoin becomes the standard currency in the future I believe that fiat is always there.
member
Activity: 84
Merit: 10
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December 01, 2017, 05:13:49 AM
I don't think Bitcoin will become the future of money as not every person can accept is (many people think it's a scam). Of course it has many advantages and disadvantages but for a not great amount of people. What is more, I'm not sure it'll become legal in majority of countries. That's the problem as goverments are afraid of its transaction. Taxes are so important.
member
Activity: 262
Merit: 10
December 01, 2017, 05:02:35 AM
I think it will be fotore of moey, but noonly bit coin/ In future will be a lot of tokens which will change the world. And if you wan't to buy something you should use tokens Cheesy
full member
Activity: 546
Merit: 100
December 01, 2017, 04:53:07 AM
May be bitcoin is the future. Because if you 1 bitcoin so you are a profitable man. Even bitcoin rate every minute increasing and decreasing. So i think it is the future.
member
Activity: 91
Merit: 10
December 01, 2017, 04:45:54 AM
YEs ! it's a really currency of the future . Now, bitcoin is priced  at $10,000/bitcoin , everyone want to  own bitcoin . Invest to bitcoin
can help you have a life better . I have invested bitcoin for 9 months , now i am really happy . I had a profit that i think i go to work
will be very long to earn it .
full member
Activity: 448
Merit: 100
Lets Go Adab
December 01, 2017, 04:33:46 AM
It does not really matter if bitcoins is the future of money because you can work on the corporate world but it was also good to invest in bitcoins because all you need to do is wait till the best value of money comes out and earn more profit from it.
member
Activity: 84
Merit: 16
Begone junkers!
December 01, 2017, 04:31:33 AM
If we look at the performance of bitcoin, then we’ll be easily convinced by this thing that bitcoin is really performing in the best possible way. As far as future of money is concerned, there are likely chances to see some positive change in this society in the coming days. As soon as governments will start taking positive steps regarding bitcoin, bitcoin will replace paper money.
To replacing paper money you gonna need whole world agree and accept the bitcoin concept. And yet some of them already banning bitcoin..
So the best option for bitcoin is that the world gonna accept it as virtual "gold" and using alts(or their own currency as the main money of each country) to trade it on that "gold" as investment just like real gold doing right now. And hope there is an absolute solution for hackers and malware or even a solution for the long lasting issue of doomsday (Dead internet) some day.
sr. member
Activity: 1988
Merit: 322
December 01, 2017, 03:52:16 AM
Nope, it wont be one
Currently to expensive to be used as money
Sending, 0.000xxx to buy for food is just ridiculous, we are not even talking bout transaction fee yet

As I can see, bitcoin will work best as an asset, just hold it for long term and your initial investment would be multiplied
If we look at the performance of bitcoin, then we’ll be easily convinced by this thing that bitcoin is really performing in the best possible way. As far as future of money is concerned, there are likely chances to see some positive change in this society in the coming days. As soon as governments will start taking positive steps regarding bitcoin, bitcoin will replace paper money.
member
Activity: 252
Merit: 15
November 30, 2017, 09:52:06 AM
BTC is the genuine fate of cash that officially working out. Crypto-currencies are the following stage in advancement of cash. Same like eBooks came rather than paper books and email rather than paper post. New innovations came yet there are parcel of individuals who utilize paper things still.
member
Activity: 384
Merit: 10
November 30, 2017, 09:28:22 AM
If we keep thinking late then we will only see that the price keeps going up and just think if I buy yesterday so I'm profit today, it's better to do the buying action now then tomorrow we'll say I'm happy to buy and profit.
newbie
Activity: 238
Merit: 0
November 30, 2017, 08:54:35 AM
Bitcoin Future Planning By doing this, a job earner can earn good income, which can bring back the family's well-being. So Bitcoin is very important in the future.
sr. member
Activity: 630
Merit: 251
November 30, 2017, 08:39:30 AM
I think this can happen. Bitcoin is real money when it is legal in the world and is protected by law. The value of bitcoin is indeed stable. I also look forward to seeing the bitcoin become real money

I think it still takes a long process for bitcoin to be the future of money, for example is the speed of the transaction, I do not think it needs to confirm up to thousands in order to be used by the recipient, the more confirmation of course the transaction is getting slower.
member
Activity: 196
Merit: 10
November 30, 2017, 08:26:26 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
i think yes because bitcoin is the most expensive currency all over the world so someday bitcoin is become a true money
full member
Activity: 360
Merit: 100
November 30, 2017, 08:19:07 AM
I think this can happen. Bitcoin is real money when it is legal in the world and is protected by law. The value of bitcoin is indeed stable. I also look forward to seeing the bitcoin become real money
member
Activity: 84
Merit: 16
Begone junkers!
November 30, 2017, 08:11:57 AM
I think that it will become a reality. because of financial technology that is currently growing rapidly in the internet is bitcoin. Well, we know that today the world is focused on the Internet that makes everything easier. it would probably be a tool to make bitcoin transactions in the future, where they make the system offline and online transactions using bitcoin in a very simple

What if the internet isn't safe anymore.. Even now there is no 100% secure internet in this world.. I still believing that real object is much, much easier to protect then a virtual thing that can be hacked or tampered.. I still have an imagination that the world suddenly stop using internet because some major virus or malware that can't be stopped or blocked.. This world has people that willingly kill some innocent people for their favor.. I don't think there is no people that genius but crazy enough to make that kind of virus or malware..
jr. member
Activity: 51
Merit: 10
November 30, 2017, 08:04:10 AM
if bitcoin keep few increase (about 1k every 6 month  ) with stable rang will be future coin
full member
Activity: 210
Merit: 100
November 30, 2017, 06:55:50 AM
I do agree with this.
It may not be right now or in the coming years.
But i believe there is nothing that can stop it from happening in the future.
Especially with the amount of popularity that cryptocurrency has been getting in the past.
One day bitcoin will just make all of this possible.
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