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Topic: Is Bitcoin Really The Future Of Money? - page 80. (Read 68805 times)

full member
Activity: 294
Merit: 100
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.
No government is going to support bitcoin since they know very well bitcoins is competition for the fiat they produce and there is no doubt in my mind they are not happy with the competition offers since there is the possibility bitcoin gains adoption and people decide to adopt bitcoin instead of their fiat.
I dare to disagree because as of this moment Bitcoin has gained recognition. There is a government that supports Bitcoin and legalized it already which is Japan mainly then followed by Australia. In Japan, a lot of companies have liked and started to liked Bitcoin and is accepting payment with Bitcoin like the recent new that a Japanese Airline will start to accept Bitcoin as a payment and they are now doing some preparations regarding it for it to be effective. So you see that Bitcoin have taken a huge step and been surrounded by good news like now and then which marks this year as a great one for Bitcoin. Let's wish for it to continue and other countries to follow Japan's lead.
newbie
Activity: 45
Merit: 0
The future of bitcoin can not be fixed yet, because it has not been authorized by governments in various countries as a means of conventional currency exchange.
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legendary
Activity: 2534
Merit: 1338
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.
No government is going to support bitcoin since they know very well bitcoins is competition for the fiat they produce and there is no doubt in my mind they are not happy with the competition offers since there is the possibility bitcoin gains adoption and people decide to adopt bitcoin instead of their fiat.
sr. member
Activity: 574
Merit: 250
March 18, 2017, 03:43:21 AM
Yeah bitcoin is really a future of money because today it became a sustainable income of most of the users online who really work hard to generate profit from digital currency. So we are to be more convenient in the future of money and that money is digital transactions.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 18, 2017, 03:42:34 AM
Yes, bitcoin is the future of money. The government will get the idea of crypto currency and maybe adopting the blockchain technology. And for us who are in crypto currencies this is a sure thing, transactions will be automated with bitcoin and that is going to give the investors and businesses to simply adopt it too.
hero member
Activity: 798
Merit: 500
March 18, 2017, 03:28:22 AM
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.

This is somewhat true. The reason i am agreeing to it as bitcoin is online available and government has no or very little say in order to adopt or dont adopt bitcoin. Its only the people who will decide the adoption and not the governments.
legendary
Activity: 1190
Merit: 1024
March 18, 2017, 03:21:17 AM
bitcoin could be the future of money if everyone adopts bitcoin and use bitcoin currency as usual, then I believe bitcoin will be the future of money, but I hope that bitcoin will quickly become future money.
i agree if bitcoin will become future money,but its almost impossible for all people adopts and use bitcoin,because until now i didn't see many bitcoin start using bitcoin,esspesially in my country.

Adaptation of new currency is very hard for people especially this bitcoin a crytocurrency, but once the government introduces it to the countryman then for sure bitcoin will hit up high.
sr. member
Activity: 406
Merit: 250
March 18, 2017, 01:10:41 AM

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
I doubt the government will agree to adopt bitcoin. because of course it will threaten the local currency, income, etc. but when bitcoin legalization is certainly no barrier anymore for bitcoin to thrive

Yeah, if bitcoin legalized by the government then it can make a country's currency worthless. Because people would prefer to use bitcoin whose value is always up. But for countries that use the dollar I think it safe to legalize bitcoin. But keep in mind that if the government legalizes bitcoin, then the government will control the activities of use bitcoin. And might we pay taxes for using bitcoin. It could be said to be an obstacle to using bitcoin, because when we have a lot bitcoin will of course be heavily taxed as well. So I think bitcoin better in the current conditions like in my country, the government does not legalize or prohibit bitcoin. Thank you
hero member
Activity: 1008
Merit: 501
March 18, 2017, 01:00:56 AM
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
I doubt the government will agree to adopt bitcoin. because of course it will threaten the local currency, income, etc. but when bitcoin legalization is certainly no barrier anymore for bitcoin to thrive
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
March 18, 2017, 12:52:08 AM
Bitcoin is successful even without the support of the government, we don't need them. They will just use and take over the opportunities of BTC, there is possibility to lessen the features what we are enjoying now. One of the worst thing can happen is make the transaction fee higher for the tax.
Well, slowly, people conducting online transactions, and bitcoin will become the main choice. even without government support, bitcoin will grow, especially if the price of bitcoin is very high as it is today. perhaps, everyone will assume that bitcoin is an international currency.
hero member
Activity: 2464
Merit: 594
March 18, 2017, 12:38:27 AM
Bitcoin is successful even without the support of the government, we don't need them. They will just use and take over the opportunities of BTC, there is possibility to lessen the features what we are enjoying now. One of the worst thing can happen is make the transaction fee higher for the tax.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
March 18, 2017, 12:15:32 AM
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
Government's support would help to widespread its market. However, without the support of governments, bitcoin can stand by itself successfully.
sr. member
Activity: 434
Merit: 250
March 17, 2017, 09:16:32 PM
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
sr. member
Activity: 490
Merit: 250
March 17, 2017, 09:14:14 PM
Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.
legendary
Activity: 2534
Merit: 1338
March 17, 2017, 09:07:09 PM
Bitcoin sucks.

Everyday, some six pack joe gets hacked and all funds end up in the hands of immoral people (or he gets scammed with no recourse as with fiat).

Not to mention, all bitcoin / altcoin markets are heavily manipulated to rob the average trade / investor, or are scams.

Maybe something better will exist in future, but for now, I prefer fiat for payments, investments, anything involving any sort of trust.
While it is not right that a person gets hacked and losses all of its funds, holding bitcoin is a greater responsibility since we must not forget we are our own banks so if you lose your money then there is no one you can turn to get help.
hero member
Activity: 2856
Merit: 667
March 16, 2017, 09:47:03 PM
Bitcoin sucks.

Everyday, some six pack joe gets hacked and all funds end up in the hands of immoral people (or he gets scammed with no recourse as with fiat).

Not to mention, all bitcoin / altcoin markets are heavily manipulated to rob the average trade / investor, or are scams.

Maybe something better will exist in future, but for now, I prefer fiat for payments, investments, anything involving any sort of trust.
That's your opinion but I'm sure if the majority will speak, they would choose bitcoin over other investment. I think being hacked is due to poor security and negligence of the owner, that does not do with the overall market of bitcoin as that is not heavily happening now. As time passes, security has improve and it's up to the owner on how to safeguard his assets effectively.
legendary
Activity: 1498
Merit: 1000
March 16, 2017, 06:25:05 PM
Bitcoin sucks.

Everyday, some six pack joe gets hacked and all funds end up in the hands of immoral people (or he gets scammed with no recourse as with fiat).

Not to mention, all bitcoin / altcoin markets are heavily manipulated to rob the average trade / investor, or are scams.

Maybe something better will exist in future, but for now, I prefer fiat for payments, investments, anything involving any sort of trust.
legendary
Activity: 2534
Merit: 1338
March 16, 2017, 05:37:50 PM

Time will show us whether Bitcoin can become popular and be used by many people or not. As you can see, the number of bitcoin users increase every year and it is certain that most of them enjoy this type of currency. Bitcoin is one of the new technologies and we have to admit that people can not easily understand and accept. They need more time to learn and to practice using bitcoin more ofter. If that happens, Bitcoin will be used as the main currency of the Earth and store will choose Bitcoin as a payment method

I am sure bitcoin will be a huge of payment method in the world.
yes, you are right. bitcoin user always increase every year. we can see that, many of people to using bitcoin for the payment.

Those who have once tried to use Bitcoin understand that it has many advantages over national currencies. Therefore, I am sure that with each year users of bitcoin will become more
This is true but bitcoin also has some issues, probably the biggest at the moment is the huge rise in fees that has happen in the last months and how slow the network seems to be working.

I'm seeing a lot of people complaining about the rise of fees well I guess that appropriate because we saw that the price of bitcoin is also increasing. And that's why we just need to expect that there would be more increase in fees. With the network traffic, the core devs are planning to do something about it already.
But, it isn’t the other way around? The miners are getting higher returns because bitcoin is now more expensive, the same amount of fees will give them more earnings so I don’t think the price of bitcoin is related to the rise in fees this seems to be a demand and supply issue.
member
Activity: 125
Merit: 10
March 14, 2017, 09:10:52 PM
bitcoin could be the future of money if everyone adopts bitcoin and use bitcoin currency as usual, then I believe bitcoin will be the future of money, but I hope that bitcoin will quickly become future money.
i agree if bitcoin will become future money,but its almost impossible for all people adopts and use bitcoin,because until now i didn't see many bitcoin start using bitcoin,esspesially in my country.
sr. member
Activity: 423
Merit: 251
March 14, 2017, 08:11:31 PM
bitcoin could be the future of money if everyone adopts bitcoin and use bitcoin currency as usual, then I believe bitcoin will be the future of money, but I hope that bitcoin will quickly become future money.
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