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Topic: Is Bitcoin Really The Future Of Money? - page 61. (Read 68812 times)

member
Activity: 308
Merit: 10
November 20, 2017, 11:44:02 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 dont know because as far as now many goverments banned the bitcoin and  theres a lot of people did not know about this bitcoin to be honest i hope that one day bitcoin become a legal worldwide because bitcoin can help a lot of people.
sr. member
Activity: 868
Merit: 257
November 20, 2017, 02:13:40 PM
I don't think so. It definitely should be the future of money, but it is not because the population of the world doesn't control or decide what the currency will be, its the leaders and the governments which decide that, and they are no way in favor of bitcoin becoming the future of money.
There is a chance that bitcoin will become our future money and its a quite convinient if its happen because you can pay your bills instantly and you can trasfer money easily. In addition to that, I think if we want happen that there are lot of things that need to be done but I still believe that bitcoin will become our future money.
newbie
Activity: 22
Merit: 0
November 20, 2017, 02:06:27 PM
I think so, because Bitcoin is most popular and stable now. Bitcoin will be the future of world money like EURO in some countries of Europe.
full member
Activity: 336
Merit: 100
November 20, 2017, 01:36:05 PM
btc will be most popular than fiat and very huge
full member
Activity: 336
Merit: 121
November 20, 2017, 01:19:30 PM
Maybe it will become a coin of the future, let's see. Well, if you take into account all of its functionality, then I think that in the future it can become a reality, not a fantasy Undecided
I think yes Bitcoin is a future money. It will take a long period because bitcoin facing against some part of system such as Banks and other money exchanges but nobody can now stop bitcoin until technology disappear from the world which is an impossible.
sr. member
Activity: 423
Merit: 250
November 20, 2017, 10:04:41 AM
It is, it's on a path to rivaling fiat in a run for the throne, if you can put it in a silly way like that. People, especially younger generations when they grow up, will notice how much safer and convenient bitcoin and cryptocurrencies are. Banks will not like it, but they too will have to ultimately adjust.
There is a possibility on large scale that bitcoin will soon become legal international currency which simply means it is going to replace fiat in many things. Fiat will become then secondary currency especially for the developed countries. Bitcoin will indeed take some time to replace paper money in developing or underdeveloped countries but not in developed countries.
sr. member
Activity: 938
Merit: 256
November 20, 2017, 09:23:46 AM
Maybe,but we just need to believe it and I do not know if Bitcoin really will be the future of the money later.
I observe,that almost everyone in the world uses technology so that the possibility of using Bitcoin will be more and Bitcoin will be able become the future of money.
And if the whole world officially declares that Bitcoin is legal,it is possible that Bitcoin could be our future money,we just need to trust it and support it.
jr. member
Activity: 121
Merit: 1
November 20, 2017, 09:04:29 AM
Bitcoin is not the "future" of money. It is the "internet" of money/Fiat. In the future Bitcoin will impact the financial industry similar to how the invention of the e-mail impacted the postal industry back in the 90's.
full member
Activity: 350
Merit: 105
November 20, 2017, 09:00:55 AM
For me, It's a big yes! Bitcoin is the future money in the world but the government will do regulation and high taxes to it. I still believe and looking forward for Bitcoin in the future.
full member
Activity: 188
Merit: 100
November 20, 2017, 08:52:16 AM
Cryptocurrencies including Bitcoin are the future whether someone like it or not. Sooner or later they will become equal to fiat money. New technologies are taking place of old ones and so it's in the world of finances. The development of cryptocurrencies can't be stoped anymore.
The development of cryptocurencies has never been a question as to whether or not it could be stopped, but how much it would catch on. No-one can stop anyone from changing or developing anything. We have to still see if it will continue to grow, but so far it is showing strong signs of continuing in its life span and cryptos probably aren't going anywhere.
Yeah that's right,  the cryptocurrencies is never been question for now because of its good performance and good quality of services.  It helps many people in getting some income in very fast ways. And that's true that bitcoin is the future of all people here in this world.
sr. member
Activity: 1176
Merit: 301
November 20, 2017, 08:40:10 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

There could be a possibility to consider bitcoin as real money. In the future, when the regular money or cash is not used by people anymore, and all transactions are done online, at that moment we can consider bitcoin as a future money. Also, technology will be well developed, so we can expect a lot of changes.
newbie
Activity: 26
Merit: 0
November 20, 2017, 08:22:07 AM
I think that bitcoin becomes the world's common currency is something that can happen. Currently, although many governments do not accept bitcoins, there is still a huge amount of bitcoin traded every day. The use of bitcoins in transactions gradually replaces traditional currencies.
member
Activity: 144
Merit: 15
November 20, 2017, 08:11:14 AM
nobody can state that whether bitcoin would be permitted or prohibited by government. Because of its namelessness which causes criminal to use to cash in private mode government are prohibiting it likewise it advanced for exchange crosswise over nations with no duty or hindrances so government are forcing restriction on it.
member
Activity: 266
Merit: 16
November 20, 2017, 07:58:12 AM
I don't know if in the future money is bitcoin because it is impossible. Why?? It will affect to the poeple who didn't know what is bitcoin, then it will affect the economic of a country and lastly we didn't is bitcoin has forever.
So my answer is maybe.
newbie
Activity: 7
Merit: 0
November 20, 2017, 07:55:02 AM
Yes it is. People will continue to invent in bitcoin and somtime in the future bitcoin will be the payment for all the expenses in the world.
full member
Activity: 344
Merit: 100
November 20, 2017, 07:19:29 AM
I think so. Bitcoin is really popular now. anyone can use it and it is also safe to use. Bitcoin will be the money of the future for anyone.
member
Activity: 476
Merit: 11
November 20, 2017, 07:15:04 AM
I think it will probably coexist with "traditional" money for a LONG time becomes it actually becomes the future... or the present
hero member
Activity: 1162
Merit: 500
November 20, 2017, 07:02:47 AM
For now is awesome store of the value, and it would be bad idea to spend it on things as it can go up a lot more than today.
sr. member
Activity: 588
Merit: 257
November 20, 2017, 07:01:35 AM
It is difficult to answer this question.
On one side bitcoin is becoming more and more popular, its price is also touched $8000.
But on the other side bitcoin is indirectly getting involved in criminal activities.
Many countries which earlier have accepted bitcoin as currency, now putting a ban/ regulation on its use.
Many countries still believe in fiat currencies.
So it will become future money only for limited part of the world or countries where economies are digitally developed..
Its peer to peer exchange method, strong blockchain system, decentralise nature not enough to become future money.
It must get accepted by all class of people then it will become future money.
full member
Activity: 1540
Merit: 219
November 20, 2017, 07:01:04 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
as of now i don't see that the bitcoin become the money of all, but in the future, maybe because in the time of that i'll think all shop was in online and the technology and gadget will be modern and new as now. but before it that happen they need to defeat the fiat money because in most of the country all country was exchanging or trading in the dollar the currency exchanging . and they must defeat the other alternative coins to make the lead as of now the bitcoin is number one.
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