The future of cryptocurrency. | Bitcointalksearch.org

AnonBitCoiner

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Quote from: andyou1234 on April 30, 2024, 12:00:32 PM

Even though it is impossible for cryptocurrencies to be legalized as official payment in all countries, I am very optimistic that cryptocurrencies will be the best investment in the future, this can be seen clearly if currently the public is very enthusiastic about cryptocurrencies, especially bitcoin, where bitcoin is currently a digital currency that is highly prioritized by everyone,

I think nothing is impossible but currently it is difficult because many countries still have not accepted the crypto payment method but in future it will be useful in every country. If some countries have banned it then hopefully there will be a reason behind it and they will work to search about decreasing the risk and will soon accept after finding a solution.

Crypto base is strong because of Bitcoin and if someone desires to be a part of crypto then the reason behind it is the success of bitcoin. Everyone wants bitcoin investment but some of them are not able due to the strict rules of their country which will soon be solved and Bitcoin will be legally accepted by every country.

andyou1234

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Even though it is impossible for cryptocurrencies to be legalized as official payment in all countries, I am very optimistic that cryptocurrencies will be the best investment in the future, this can be seen clearly if currently the public is very enthusiastic about cryptocurrencies, especially bitcoin, where bitcoin is currently a digital currency that is highly prioritized by everyone,

hamba laeh

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Quote from: letteredhub on February 23, 2024, 04:41:21 AM

Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?

This topic was discussed in this forum several years ago because many parties, especially crypto users, really want to be able to carry out transactions using crypto currency. but so far only a few companies only accept payments using cryptocurrencies and only accept Bitcoin. and I predict that in the future there will be more cryptocurrencies registered as a means of payment.

BD Technical

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The way everyone has started using it in the state of Tripura will have everyone in the future and everyone will increase its usage. At present, it has not been adopted in all countries, like Bangladesh, it has not yet gone to Pakistan. In that case, it is currently legalized in hundreds of countries and not legalized in a few countries because not everyone wants to invest or risk on it. At present this token or whatever you do is more or less by word of mouth or by everyone. I had this fairly good currency a few days ago, but not now, because my pocket is empty, but I hope to earn something good in the future, inshallah. For the future I can say that Bitcoin is very well discussed and dependable withdrawal price is quite a bit of currency.

Silberman

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Quote from: MFahad on March 09, 2024, 11:56:55 PM

Quote from: yazher on March 08, 2024, 08:09:59 AM

Just like most investors thought, cryptocurrencies will be our next money and there will be no stopping it considering its security and preventive measures against 3rd party platforms to control our money. Crypto is the future and that's the easy way to explain it and we are considered lucky enough to witness these things at their early stage where we can take advantage of it and invest as much as we can as long as we can afford to lose it. Of course, that's just one way to explain it and that's how I speculated even nowadays, you can see that crypto is gaining popularity and trust from the people.

No matter how many years pass, if cryptocurrencies stay alive and the industry stays in the distant future, I'm pretty sure that there will always be new projects and cryptocurrencies being launched and people in that era would also be saying the same thing as you, "We are lucky to be witnessing this and to be a part of it in its early stage."
We don't even know if Bitcoin and other cryptocurrencies would be available by then or not, maybe there will be some other technology that would leave cryptocurrencies behind and people in the future start using that instead of cryptocurrencies, who knows?

I am guessing that even people that are not serious about bitcoin are realizing that the early days are coming to an end, very soon bitcoin will become the playground of institutional investors all over the world, and while this will bring a lot of money to bitcoin on the short term, this will make it more expensive and it will become unaffordable for most people around the world, and I am sure there are many people that will regret not investing in bitcoin when they had the chance, but at that point there is no use at all to their regrets, as bitcoin gave everyone a fair chance to invest in it for many years and many people decided they had other priorities at the time.

MFahad

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Quote from: yazher on March 08, 2024, 08:09:59 AM

Just like most investors thought, cryptocurrencies will be our next money and there will be no stopping it considering its security and preventive measures against 3rd party platforms to control our money. Crypto is the future and that's the easy way to explain it and we are considered lucky enough to witness these things at their early stage where we can take advantage of it and invest as much as we can as long as we can afford to lose it. Of course, that's just one way to explain it and that's how I speculated even nowadays, you can see that crypto is gaining popularity and trust from the people.

No matter how many years pass, if cryptocurrencies stay alive and the industry stays in the distant future, I'm pretty sure that there will always be new projects and cryptocurrencies being launched and people in that era would also be saying the same thing as you, "We are lucky to be witnessing this and to be a part of it in its early stage."
We don't even know if Bitcoin and other cryptocurrencies would be available by then or not, maybe there will be some other technology that would leave cryptocurrencies behind and people in the future start using that instead of cryptocurrencies, who knows?

2Pizza410000BTC

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Quote from: letteredhub on February 23, 2024, 04:41:21 AM

Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?

If we look at the wave of cryptocurrencies, we can see that cryptocurrencies will become very valuable in the next 20 years from now. Now that it has gained popularity like this if it has gained popularity then crypto currency will be very valuable where people will only use crypto currency and will use very little cash. As the world is developing, everything is moving towards the peak of development. Don't worry buy bitcoin, ethereum then hold ahead succeed future.

Y3shot

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Cryptocurrency is getting more awareness everyday and people are having interest in it which they are engaging themselves into it. I think in the next few years cryptocurrency with take a large portion of space over the fiat because cryptocurrency is really solving the problems that people are facing right now. In many countries fiat is losing value constantly, this is one of the the reason people will embrace cryptocurrency in years to come

evichi

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In my opinion, there is bright future for cryptocurrency ecosystem. As at 09/03/2024, Coinmarketcap, for example, indicates $2.6T market cap. A strong indication that many people own assets in the crypto space. That is a strong indication of increase in adoption. Though some governments may try to fight crypto for now, I foresee a time when crypto adoption will outweigh fiat as a system of finances. Currently, country like El Salvador have adopted the use of crypto, and other countries are following suit. Korean country, Joseon have adopted cryptocurrency Jesoun Mun (JSM) as a national currency, the first in the world (https://coinmarketcap.com/currencies/joseon-mun/#About). The crypto space have a bright future.

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Quote from: deathcode on February 23, 2024, 05:54:39 AM

we will never know what will happen in the future. but when more and more business people are aware of the growth and development of business with blockchain networks. I think adoption will continue to increase as time goes by.
This is not an easy matter when the government still limits the use of crypto transactions. But as long as it doesn't replace fiat as the main means of payment transactions, it shouldn't be a problem. Moreover, the imposition of taxes on transactions and ownership of crypto assets is also implemented in several countries.

Yes, I totally agree with you. Many rich people who used to say that Bitcoin was a scam have started to adopt Bitcoin in recent years, such as Blackrock ETFs and other big companies. Because of this, many people want to start or learn what cryptocurrency is and start investing in crypto from this. We know that there is a lot of positive sentiment about cryptocurrency now

justdimin

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Quote from: jaberwock on March 04, 2024, 11:01:33 AM

I feel like it is also about improvements on it as well. Imagine banking system being something similar to what it was back in the day, in this world, do you think people would use it? Like you write a paper to a bank, deposit your money, get a signature, then you take that money, go to a shop, you give that money, the shop owner calls up the bank, gets approval, writes something, you both sign it, then the shop owner goes to bank, shows the paper, and gets their money if they want to.

All these takes a huge time, and right now we just use a credit card or wire transfer and we are done, takes less than a minute. This is why I honestly believe that the innovations on blockchain that will improve bitcoin could make it spread even further, just like how it happened to banks.

I agree that there will be plenty of improvements on blockchain and bitcoin world. I think as long as we can make it both something very secure just like right now, but also something that is instant or at least near instant, like less than a minute as you said, and something that takes like just 10-20 cents per transaction, then there is no way that it can't be bigger than 500k and go above gold marketcap.

Even at this point the way it is right now, it could pass it eventually, but if that happens then things will change. ETF world will change it as well, because it's going to bring tens of billions of dollars into bitcoin market as well. So combine these two and the future looks quite bright for bitcoin without a doubt.

yazher

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Just like most investors thought, cryptocurrencies will be our next money and there will be no stopping it considering its security and preventive measures against 3rd party platforms to control our money. Crypto is the future and that's the easy way to explain it and we are considered lucky enough to witness these things at their early stage where we can take advantage of it and invest as much as we can as long as we can afford to lose it. Of course, that's just one way to explain it and that's how I speculated even nowadays, you can see that crypto is gaining popularity and trust from the people.

Rasa nanas

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Quote from: AakZaki on March 02, 2024, 04:23:47 PM

Quote from: Rasa nanas on March 01, 2024, 03:37:57 AM

I don't think cryptocurrency transactions will be able to beat fiat transactions. Cryptocurrencies are not legal tender and cannot be used for buying and selling transactions in the real world. Most people or even all people currently use fiat for transactions, and this causes cryptocurrency transactions to be very far below fiat.

yes that is the reality now and for the future we still don't know what will happen to crypto. Even though there are still many countries that have not provided full regulation on crypto, crypto can still be accepted as an investment currency and this is good enough. fiat is still at the top and is still the main transaction, crypto is only an additional transaction that can be chosen or not according to regulations or each person's wishes.

but I have confidence that in terms of transactions crypto will never be able to beat fiat. Even when compared with fiat circulating throughout the world, the current value of crypto is still far below. As you said, crypto can only be used as a payment option which is not in accordance with regulations because crypto functions as an investment, not a means of payment. therefore I am sure that in terms of transactions crypto will not be able to beat fiat.

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Quote from: Wildwest on March 07, 2024, 08:15:54 AM

Quote from: letteredhub on February 23, 2024, 04:41:21 AM

Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?

Until today, the adoption of Bitcoin has been widely carried out. In the future, we never know what will happen to cryptocurrencies.
we can only enjoy the ongoing processes in the digital world of crypto, now the era of modern technology is no longer the same as before when people were still unfamiliar with the internet. In the future, it seems that cryptocurrency will not be able to replace fiat in exchange.

Bitcoin does not really need to replace fiat, as long as we can use it to transfer value from one side of the world to the other in a matter of minutes, bitcoin will have accomplished what Satoshi envisioned, this idea that bitcoin will replace fiat came not from Satoshi himself but from other people that are overenthusiastic about bitcoin, not that there is anything wrong with that, but they are expecting too much out of bitcoin and seem to believe that governments are way weaker than what they really are.

Wildwest

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Quote from: letteredhub on February 23, 2024, 04:41:21 AM

Just looking at the wave of cryptocurrency and going with the rate of adoption, where do you all see the future of cryptocurrency in the next 20years or more from now. Are transactions going to be more of in cryptocurrency than fiat in all ramifications of society as it concerns finance?

Until today, the adoption of Bitcoin has been widely carried out. In the future, we never know what will happen to cryptocurrencies.
we can only enjoy the ongoing processes in the digital world of crypto, now the era of modern technology is no longer the same as before when people were still unfamiliar with the internet. In the future, it seems that cryptocurrency will not be able to replace fiat in exchange.

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Quote from: doomloop on March 07, 2024, 01:49:55 AM

Quote from: Sweety1985 on February 28, 2024, 11:18:13 AM

Cryptocurrency future is very bright.

What a precise one-liner, lol Grin

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There is no doubt that the future of cryptocurrencies is bright, we can see how much popularity the cryptocurrency industry has gained thus far, and the popularity keeps increasing over time because cryptocurrencies provide a great investment opportunity to the masses and people are always eager to earn money, if they get a chance to earn money while relaxing and by just buying and selling assets, they would be more than happy.

This is the reason why cryptocurrencies are so popular and they tend to become more popular in the future. So, you are right that the future of cryptocurrencies is bright.

Yes, I think it's still promising, definitely promising. Because cryptocurrency has developed widely over time and continues to be popular, apart from that, in my opinion, currently its use can be said to be like the use of currency in general and is also a promising investment that can change someone in financial terms. If they do it well and correctly by having knowledge and understanding as well as research and other things related to investment.
And the only problem that has occurred so far is that some countries have rules and regulations for their users, as well as restrictions on the use of cryptocurrencies. And it is possible that in the future many countries will accept crypto without competing with fiat because the two will go hand in hand and complement each other.

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Quote from: doomloop on March 07, 2024, 01:49:55 AM

Quote from: Sweety1985 on February 28, 2024, 11:18:13 AM

Cryptocurrency future is very bright.

What a precise one-liner, lol Grin

.

There is no doubt that the future of cryptocurrencies is bright, we can see how much popularity the cryptocurrency industry has gained thus far, and the popularity keeps increasing over time because cryptocurrencies provide a great investment opportunity to the masses and people are always eager to earn money, if they get a chance to earn money while relaxing and by just buying and selling assets, they would be more than happy.

This is the reason why cryptocurrencies are so popular and they tend to become more popular in the future. So, you are right that the future of cryptocurrencies is bright.

You're absolutely right cryptocurrency future is very bright considering the total numbers of people that cryptocurrency has gained in the industry and it has really change the life of some people,it also create investment opportunities and that is how people keep profiting from every investment they make,let me use bitcoin as example there are some person who invested heavily on bitcoin when it has no value and they where patent enough to reserve it till this time considering the current value of bitcoin, I think this set of people are billionaires by now.

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Personally believe that while we can't foresee the future, the growing awareness among business professionals about the benefits of blockchain networks will lead to increased adoption over time. Although governments may restrict crypto transactions, as long as they don't replace traditional currencies entirely, it shouldn't pose a major concern. Additionally, the introduction of taxes on crypto transactions and assets in various countries indicates a shifting regulatory landscape that we should adapt to.

doomloop

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Quote from: Sweety1985 on February 28, 2024, 11:18:13 AM

Cryptocurrency future is very bright.

What a precise one-liner, lol Grin

.

There is no doubt that the future of cryptocurrencies is bright, we can see how much popularity the cryptocurrency industry has gained thus far, and the popularity keeps increasing over time because cryptocurrencies provide a great investment opportunity to the masses and people are always eager to earn money, if they get a chance to earn money while relaxing and by just buying and selling assets, they would be more than happy.

This is the reason why cryptocurrencies are so popular and they tend to become more popular in the future. So, you are right that the future of cryptocurrencies is bright.

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Quote from: Magic-Money on March 01, 2024, 06:12:01 AM

The future of cryptocurrency is very bright, when it comes to financial sector and is a global digital assets that acceptable as one amount price at any given time of trading, investment and rewards payment system as the case may be. Therefore, the future of cryptocurrency is beyond what human expected from the outcome of price increase.

There is a direct relationship here: fewer usage opportunities = fewer transactions. It is difficult for an ordinary person to use something (crypto) that at the end of the transaction (even if it is a few seconds or a minute) may already cost more or less than the original cost of the product. After all, when we pay for something, consciously or subconsciously, the cost of the goods is converted by us into USD. And 1$ is always 1$.

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