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Topic: Next generation money - page 3. (Read 16688 times)

full member
Activity: 448
Merit: 103
October 26, 2017, 07:24:53 PM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

this could happen. because bitcoin also has a lot to use, possibly in the coming year can be considered money.
because something happens that we can not guess easily and simply.
[/quote
Possibly it would happen that bitcoin may be the next generation money in the world. Like this time it becomes popular many advantages if we use this digital currency the risk may be gone .
full member
Activity: 926
Merit: 100
October 17, 2017, 04:07:57 AM
The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented

yes of course bitcoin is the next generation of money in the future, because bitcoin is the digital currency and the future will create all-digital technology and bitcoin is ready for the digital currency of the future.
sr. member
Activity: 630
Merit: 251
October 17, 2017, 03:20:25 AM
Next generation money is cryptocurrency, look at the current market share of more than 170 billion, and next year will reach 500 billion, I believe this is the future of world finance...
hero member
Activity: 910
Merit: 509
October 17, 2017, 02:41:17 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

this could happen. because bitcoin also has a lot to use, possibly in the coming year can be considered money.
because something happens that we can not guess easily and simply.
Bitcoin was first introduced as digital currency and to use it online but afterward it becomes an investment in which people can make a lot of profit and it is basically a currency and can be use instead of the flat money and as seeing the popularity of bitcoin it will be declared as global currency in near future and that time will be golden time for the investors.
sr. member
Activity: 714
Merit: 252
October 12, 2017, 12:53:58 PM
Bitcoin is the new form money through internet where this can help us out to earn money with less work and hassle free by doing small job we can earn bitcoin/satoshi from internet. Very easy to do transaction what ever your location is this could be a new generation and new generation of money that will came up in the future of this world.
I don't see anything new except the fact that potentially there is a possibility of confidential use in calculations between people. But as soon as carried out conversion operations, and this advantage is lost.

No. It doesn't work like that as you are depicting here because bitcoin is far greater than anything you can see in the market of crypto world or may be into forex stock exchange etc. The work of blockchain is really woven very carefully and it can bit the swift technology which is traditional banking systems protocol. Where that can be easily crackable there is another stuff on going within the blockchain, and it is self deploying and works from peer to peer. The traditional one doesn't work like that where it goes through number of chains and protocols etc. Anyway the technical discussion could be stretched a lot so there is no point in discussing it further. Just telling that bitcoin is different.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
October 12, 2017, 12:44:38 PM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

this could happen. because bitcoin also has a lot to use, possibly in the coming year can be considered money.
because something happens that we can not guess easily and simply.

it will not apply if the government begins to adopt their own coins and obliges all digital currency exchange through the official coins. But it is true that bitcoin is a stronger e-money pioneer that inspires governments to do similar developments. In the end the government will think about efficiency and forget the physical fiat

People would stay away from these

Overall, the effect that a certain government could potentially have on crypto would largely depend on the influence that government has in the world. Really, the Venezuelan government has little to no influence throughout the world, so who cares what they think about Bitcoin as well as other cryptocurrencies? Even people in Venezuela itself ain't gonna give a fuck about what the government does in respect to cryptocurrencies since they know for certain that their government can't do a shit about crypto altogether, whatever their intents might be and whether they are going to issue their own "Bitcoin" for real
sr. member
Activity: 826
Merit: 263
October 12, 2017, 12:30:49 PM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

this could happen. because bitcoin also has a lot to use, possibly in the coming year can be considered money.
because something happens that we can not guess easily and simply.

it will not apply if the government begins to adopt their own coins and obliges all digital currency exchange through the official coins. But it is true that bitcoin is a stronger e-money pioneer that inspires governments to do similar developments. In the end the government will think about efficiency and forget the physical fiat.

Every government knows that the potential of bitcoin but they give ignorances to bitcoin due to their anonymous nature. Because of it Nome can trace who send the amount and can't trace the transaction made person. They forget the fiats in 2050 now generation not that adopted to digital evolution since there are many third world countries.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
October 12, 2017, 12:16:00 PM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

this could happen. because bitcoin also has a lot to use, possibly in the coming year can be considered money.
because something happens that we can not guess easily and simply.

it will not apply if the government begins to adopt their own coins and obliges all digital currency exchange through the official coins. But it is true that bitcoin is a stronger e-money pioneer that inspires governments to do similar developments. In the end the government will think about efficiency and forget the physical fiat.
sr. member
Activity: 1372
Merit: 275
October 12, 2017, 10:22:57 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

this could happen. because bitcoin also has a lot to use, possibly in the coming year can be considered money.
because something happens that we can not guess easily and simply.
sr. member
Activity: 560
Merit: 257
September 06, 2017, 10:38:32 AM
I share your opinion. I too do not think that bitcoin is future money or that it will replace gold, which has been in human lives for so long. And i think that gold will stay long time after our pass. But also i think that bitcoin showed people that there could be another view of money. New way of thinking, and that is always good. Bitcoin opened new doors for people and market i think. Maybe future money will be similar to bitcoin or nothing like it at all, i mean who can tell.
full member
Activity: 223
Merit: 250
September 06, 2017, 10:32:05 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink
You are probably right. We can expect cryptocurrency to be as next generation money. And it is very much possible that we may be able to see Bitcoin as future money. The reason which I think behind it is nothing else but the way it is gaining the attention of the ones sitting in the market along with increase in its market process.
But do you think the government will accept Bitcoin in future? The nature of cryptocurrency will make them cannot track money of people in their country. And they also cannot tax fees Bitcoin user too.
full member
Activity: 182
Merit: 100
September 06, 2017, 05:54:20 AM
my point of view is Next generation will be Bitcoin only. So far so good why we should think about new form of money. Its better that we can customize Bitcoin as next generation money.
hero member
Activity: 2688
Merit: 588
September 06, 2017, 05:34:53 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink
You are probably right. We can expect cryptocurrency to be as next generation money. And it is very much possible that we may be able to see Bitcoin as future money. The reason which I think behind it is nothing else but the way it is gaining the attention of the ones sitting in the market along with increase in its market process.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
September 06, 2017, 12:35:57 AM
Old money like golds or paper money is really bad for now. Hard to carry , easy to steal , too big. But with digital money like Bitcoin or Etherum with their advances, easy to hold , easy to use in payment, limited nothing can fake. So next generation money is digital money!

It's time to wake up, Mr. Freeman

Do you have any difficulties carrying a payment card in your pocket or wallet? Or is it too big? It can be easily stolen (or just lost), of course, but not the money which you can use via this card (if you take a few simple precautions, naturally). Once your bitcoins get stolen, you can safely kiss them goodbye, but this is very often not the case with the money stolen from your bank account. Now let's proceed to the ease of payment. I guess you should try paying with plastic at cashier's to really see the difference (instead of waiting hours till your Bitcoin transaction gets finally confirmed)

member
Activity: 72
Merit: 10
September 06, 2017, 12:01:43 AM
Old money like golds or paper money is really bad for now. Hard to carry , easy to steal , too big. But with digital money like Bitcoin or Etherum with their advances, easy to hold , easy to use in payment, limited nothing can fake. So next generation money is digital money!
hero member
Activity: 686
Merit: 500
September 05, 2017, 11:44:58 PM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

Everyone is saying that including me, I'm a concept that bitcoin can be our future money. Just like PayPal and other payment methods, bitcoin can be a choice of it. And it will only depend to the businessmen, sellers if they will allow their consumers / customers to pay them with bitcoin. But I'm seeing it to have a big potential.
The future is bright and we believe in that, bitcoin will be the best payment system in the future and could possibly surpass paypal in terms of popularity. Banks are the leader in the financial sector but they are seeing the blockchain as a revolutionary system and they will be adopting with it, bitcoin is decentralized and we can get the best security if we are using it, this might not be good for all people but at least those who want to get the benefit can use it.
I must say this will be the future. Not as it has high rates only and people are making dealing within. It’s a factor that matters but the main feature or attribute bitcoins have is the adoptability. People are more convinced to use it, popular it becomes in future and that is the point we all are discussing here.
hero member
Activity: 3080
Merit: 603
September 05, 2017, 10:24:03 PM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

Everyone is saying that including me, I'm a concept that bitcoin can be our future money. Just like PayPal and other payment methods, bitcoin can be a choice of it. And it will only depend to the businessmen, sellers if they will allow their consumers / customers to pay them with bitcoin. But I'm seeing it to have a big potential.
The future is bright and we believe in that, bitcoin will be the best payment system in the future and could possibly surpass paypal in terms of popularity. Banks are the leader in the financial sector but they are seeing the blockchain as a revolutionary system and they will be adopting with it, bitcoin is decentralized and we can get the best security if we are using it, this might not be good for all people but at least those who want to get the benefit can use it.

It is now trying to surpass PayPal in terms of payment and I don't know if it's a fact that PP tries to adopt bitcoin. Since most of their customers including me are shifting to bitcoin which has better processing of payments and considerably cheaper than their usual fees. No doubt PP's got high security but everyone wants to try decentralized crypto currency and payment method with bitcoin.
hero member
Activity: 3052
Merit: 606
September 05, 2017, 01:52:20 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

Everyone is saying that including me, I'm a concept that bitcoin can be our future money. Just like PayPal and other payment methods, bitcoin can be a choice of it. And it will only depend to the businessmen, sellers if they will allow their consumers / customers to pay them with bitcoin. But I'm seeing it to have a big potential.
The future is bright and we believe in that, bitcoin will be the best payment system in the future and could possibly surpass paypal in terms of popularity. Banks are the leader in the financial sector but they are seeing the blockchain as a revolutionary system and they will be adopting with it, bitcoin is decentralized and we can get the best security if we are using it, this might not be good for all people but at least those who want to get the benefit can use it.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
September 05, 2017, 01:03:48 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

I basically agree with that

Though this is not an entirely new concept since gold (as well as silver, for that matter) had been playing the same role of a universally recognized means of payment in the past. The US dollar seems to have taken the place of gold today (at least, to some degree), but it has a very strong limitation. With dollars you depend on the whimsy of Uncle Sam since all dollar transfers (I refer to cashless transactions obviously) are processed by the US banks. And if they don't like something about your money transfer or they just don't like something about you personally, they can easily freeze all your dollars that you have in your bank account
hero member
Activity: 3080
Merit: 603
September 05, 2017, 12:46:37 AM
I think bitcoin can be said as future money because if money is only limited to a country, while bitcoin is more univesal and can be used in all countries in the world Wink

Everyone is saying that including me, I'm a concept that bitcoin can be our future money. Just like PayPal and other payment methods, bitcoin can be a choice of it. And it will only depend to the businessmen, sellers if they will allow their consumers / customers to pay them with bitcoin. But I'm seeing it to have a big potential.
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