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Topic: Is Bitcoin Worth To Be Currency? - page 3. (Read 15685 times)

newbie
Activity: 34
Merit: 0
February 09, 2019, 03:31:09 PM
Worth it or not, the question is very abstract. Because everyone has their own opinion on their own account. But the bottom line is that Bitcoin (or another cryptocurrency) will (possibly replace) conventional currency in the future.
member
Activity: 1204
Merit: 38
February 09, 2019, 02:58:28 PM
If the Bitcoin was also been like a normal paper currency then the popularity and the market will definitely not higher than the normal currency so what is my opinion is bitcoin to be present in online only will be the good idea and it will also be the safe on way to make with sign more valuable.
sr. member
Activity: 938
Merit: 250
February 09, 2019, 01:49:09 PM
In my opinion the currency is not because the value is very volatile but can be a payment option for people. and also the main ones are trade commodities and digital assets that have selling value
legendary
Activity: 1596
Merit: 1034
February 09, 2019, 12:55:07 PM
For now, I think bitcoin is not worthy of being used as a currency because volatility and fluctuations in bitcoin are still high. I think bitcoin is more worthy of being a digital asset for investment because by making it like that bitcoin is more useful compared to being made a currency because if bitcoin is made into a currency then bitcoin must meet the criteria that must be owned as official currency while bitcoin is physical do not have any.
legendary
Activity: 3248
Merit: 1179
February 09, 2019, 12:34:19 PM
As far as I can see bitcoin for now is not yet worthy to become digital or virtual currency, because it not stable even the market is not, and there are still many country who had not yet recognize bitcoin as currency, its not yet legal there are some irregularity going on, I believe its still in the process.
Still in process but also in progressive movements, bitcoin already gained businesses who accepting as a payment process, some countries also adopts
bitcoin as a mean for payment system, little by little the real intentions of became a legal currency are showing a big interest from people who already
used and seen the advantage of bitcoin as alternative money.
As I see it both of you don`t know much, so better educate yourself before you make any kind of assumption. I will give you definition, you can start your education from there "Currency refers to any kind of money that is in circulation in an economy, used to purchase goods and services" Can you use bitcoin to pay for something, can you buy something with bitcoin, and last can you pay some service with bitcoins? All tree questions have a positive answer, crypto community is maybe small but it`s growing.
Ask yourself what represents bitcoin, what legality means and what is better for your and your children future!
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
February 09, 2019, 11:52:53 AM
As far as I can see bitcoin for now is not yet worthy to become digital or virtual currency, because it not stable even the market is not, and there are still many country who had not yet recognize bitcoin as currency, its not yet legal there are some irregularity going on, I believe its still in the process.
Still in process but also in progressive movements, bitcoin already gained businesses who accepting as a payment process, some countries also adopts
bitcoin as a mean for payment system, little by little the real intentions of became a legal currency are showing a big interest from people who already
used and seen the advantage of bitcoin as alternative money.
member
Activity: 250
Merit: 10
February 09, 2019, 11:19:02 AM
since the price rightnow are not too volatile , i think bitcoin are aceppected as currency might be happens with the "base" function of bitcoin itself
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
February 09, 2019, 08:54:14 AM
As far as I can see bitcoin for now is not yet worthy to become digital or virtual currency, because it not stable even the market is not, and there are still many country who had not yet recognize bitcoin as currency, its not yet legal there are some irregularity going on, I believe its still in the process.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 09, 2019, 07:34:00 AM
Even now there are more countries around the world that doesn't have proper internet connectivity. By this time it is impossible to make each and every people understand about the need for bitcoin. In this regard it needs long time for widespread and usage as a currency same as the traditional currency that is in usage all around.
sr. member
Activity: 854
Merit: 251
February 09, 2019, 07:19:03 AM
Sure, it is our treading currency and It will replace fiat currency one day
not yet and still requires a very long time and process and of course the time of government legality as a currency that applies the recognition of all levels of society as the official currency that can be used as the applicable currency
sr. member
Activity: 714
Merit: 250
February 09, 2019, 05:58:51 AM
Sure, it is our treading currency and It will replace fiat currency one day
it still takes process time and of course a long step for that all legality from the government and recognition from all levels of society to the crypto currency and that might be very difficult to happen and we all cannot know with the times and technology developments
sr. member
Activity: 1974
Merit: 450
January 20, 2019, 10:50:57 PM
it won't happen if bitcoin becomes a real currency, because bitcoin is already destined as a digital currency that can be used in the online world. and there are still many countries that oppose bitcoin too
yes, for now there are still many things to consider before making bitcoin into a currency. well, you know that one of the problems with bitcoin on this side is price stability. it makes it not so suitable to be a currency. other than that, when bitcoin is made into a currency, there will be very many rules that conflict with that. so I think at this time bitcoin is not ready to become a currency.
full member
Activity: 490
Merit: 100
January 20, 2019, 03:40:37 PM
For me it does. It's not a simple technology and took many years before it can be used and another thing is that is unhackable. Bitcoin is the answer for data loss and trust gap in businesses but fiat lovers that are ridiculously rich does not want that to happen.
sr. member
Activity: 756
Merit: 250
January 20, 2019, 01:07:41 PM
it won't happen if bitcoin becomes a real currency, because bitcoin is already destined as a digital currency that can be used in the online world. and there are still many countries that oppose bitcoin too
sr. member
Activity: 784
Merit: 250
January 20, 2019, 10:07:11 AM
Bitcoin is already accepted as a digital currency and many shops, stores accept it as a payment method. But no country accept it as fiat money as far as i know. In real life, Bitcoin now likes a high risk asset because its price is high volatility. If there is any cryptocurrency accepted as fiat, i think it'll not Bitcoin.
what you convey is very true if bitcoin is acceptable to the government and officially becomes the currency that applies to all countries, of course bitcoin will become the currency that will be needed
full member
Activity: 616
Merit: 100
January 20, 2019, 08:57:39 AM
Of course Bitcoin worth to be a currency, because it is already simply used by so many people around the world to buy and sell items online and offline, and it is mainly created to be a currency, with so many attractive features making it better than fiat currencies.
I think bitcoin should not be a real currency in the world but at least it can help us in my daily life that is enough for me and I think bitcoin is becoming a financial addition besides me working it is more than enough

First, Bitcoin is known to everyone in the world, definitely needs an internet network connection, so it's difficult to make Bitcoin a paper currency that can be used by many people today.
copper member
Activity: 84
Merit: 0
January 20, 2019, 08:25:26 AM
In my opinion, it should not be because it has many loopholes and is very risky


Bitcoin is a great try in cryptocurency field. However, it is the first one, thus there are a lot of disadvantanges for Bitcoin. The ecology is not complete, the situation where it is using is limited currently. In addition, the conflict between centralization and decentralization cannot be solved in short time.
member
Activity: 2044
Merit: 16
January 20, 2019, 08:06:55 AM
Yes, definitely because bitcoin has it's potential to be accepted as a currency that can be adapted by everyone. With the ideology bitcoin possess it could change the payment system and great adoption for bitcoin is spreading like wildfire all over the globe.
full member
Activity: 532
Merit: 101
January 20, 2019, 07:56:39 AM
Of course Bitcoin worth to be a currency, because it is already simply used by so many people around the world to buy and sell items online and offline, and it is mainly created to be a currency, with so many attractive features making it better than fiat currencies.
I think bitcoin should not be a real currency in the world but at least it can help us in my daily life that is enough for me and I think bitcoin is becoming a financial addition besides me working it is more than enough
I agree with your pattern of thinking, and it would be nice to make this bitcoin not always the forefront of world currencies but we deserve to maintain bitcoin into a human tool in today's technology that I think is enough for me
I think so. I think bitcoin can coexist with fiat currency is good, so it's bitcoin as an alternative payment besides fiat. and the main thing is that such a position is recognized by many governments
sr. member
Activity: 672
Merit: 250
January 20, 2019, 07:26:05 AM
Of course Bitcoin worth to be a currency, because it is already simply used by so many people around the world to buy and sell items online and offline, and it is mainly created to be a currency, with so many attractive features making it better than fiat currencies.
I think bitcoin should not be a real currency in the world but at least it can help us in my daily life that is enough for me and I think bitcoin is becoming a financial addition besides me working it is more than enough
I agree with your pattern of thinking, and it would be nice to make this bitcoin not always the forefront of world currencies but we deserve to maintain bitcoin into a human tool in today's technology that I think is enough for me
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