The future of cryptocurrency. | Bitcointalksearch.org

Godday

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Quote from: Freddie Boyer on May 20, 2024, 05:02:41 AM

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

I agree with you. So far I think fiat currency can never be replaced but can be used together with cryptocurrency. Fiat currency has been a reference for hundreds of years. So far, crypto adoption has not been maximized because most people are still not technologically literate. So it's a good move when fiat currency and cryptocurrency are used together.

KennyR

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Every year, it is possible to see a good number of cryptocurrencies reaching the market and moving out of the market. Many don't have any purpose, but they're injected into the market to create circulation. In the long run, the leading cryptocurrencies will survive, whereas the rest will just be seen on the list without any use cases other than trading. For now, very few cryptocurrencies have real-time usage access. To have a better future, it needs to move into mainstream culture, which is a really hard task. While moving towards mainstream, the opposition will be high as they need to compete with the traditional fiat, which the governments won't allow.

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Quote from: Freddie Boyer on May 20, 2024, 05:02:41 AM

Quote from: Fiasem20 on May 15, 2024, 02:42:12 PM

The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

I would guess that they are going to end up with something much better with time, and that will be CDBC type of digital stuff that the governments themselves create, that should be a lot better. I do agree that it is not going to be easy, but it is going to happen.

Every nation in the world will eventually great their own digital currency, like how USD exists, there will be like E-USD or something that they will use, and they will issue it, and it will be centralized but at least backed by nations. When that happens, biggest danger awaits stablecoins we have now, because why would you use USDT when there is a version that is used by the government itself, and if that crashes, then the market will have a lot of trouble.

manok jepang

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with the increasing development of technology, especially in the internet and crypto currency sector, I am very optimistic that crypto will continue to develop in the future, especially as over time crypto users become increasingly popular because crypto currency can be a very promising investment,

bitterguy28

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Quote from: Freddie Boyer on May 20, 2024, 05:02:41 AM

Quote from: Fiasem20 on May 15, 2024, 02:42:12 PM

The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

Fiat and Crypto will work together and that will continue even if the demand and the adoption of crypto happens because money/fiat
is one way of showing the finance to be optional and not being forced to be used.
in the next 20 years from now crypto will be available in many merchant but this will be with fiat or paper money.

rhodelmabanal

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Quote from: letteredhub on February 23, 2024, 03:41:21 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?

We can't deny that the world is now adapting digital payment for fast and easy transaction, ATM cards, different kinds of digital wallets for easy transfer of funds and paying of bills, just download the apps and do kyc and there you go you can transfer your funds from digital wallet to banks and vice versa. We are now in a modern world with modern technology and i believe that cryptocurrency is a part of a modern technology ,so i believe that 20 years from now crypto will become more popular and many people will like to used it to make life more easy.

laijsica

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At present we see the use and investment of cryptocurrency increasing gradually. People are preferring crypto investments over fiat investments. Inflation is constantly increasing in the world, commodity prices are going beyond people's purchasing power, this situation is available and people's inclination to use crypto is increasing, which is a relief for the economy. But many countries' governments have been unable to trust crypto due to AML and other complications. But I think increasing the use of cryptocurrency alongside fiat can act as a hedge for the country which is positive for the economy.

Freddie Boyer

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Quote from: Fiasem20 on May 15, 2024, 02:42:12 PM

The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

True, and fiat money will also continue to exist and be maintained by the government because it is still contained in the laws of countries where fiat is also legal and legal tender.

If the government wants to make amendments related to the addition of payment currency items, in this case Digital Currency, it will be quite good again in the development of digital currencies will be legitimate so that adoption will quickly come and its use will be much more.

justdimin

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Quote from: hamba laeh on May 15, 2024, 05:52:45 AM

Quote from: letteredhub on February 23, 2024, 03:41:21 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.

The trouble is that most people do not realize how difficult it is to make something like that, it is clear that we are going to end up with a lot of trouble if we wanted to start a company like that.

Too obviously in most cases that people just focus on the wrong thing, it is not the companies who made it happen, it is the ones who do not want it to happen. In the end, regulations and legal work makes it very tough for the ones who are trying to make this work end up facing issues all the time and fail to grow. If it wasn't for that, I would have assumed that it would be something big by now and not something like this, it should be important to notice that we are going to face a lot of trouble if we are not careful and these people are not careful.

Fiasem20

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The future of cryptocurrency over the next 20 is something we can't predict but presently we all know how crypto transaction is fast growing in world,talk less of next 20 years,if the transaction is growing currently,how much more will it look like in the next 20 years its really beyond our imagination.My view on crypto transaction in the next 20 years,crypto will massively impact the economy positively despite it volatile nature.I can't say it will replace our traditional currency because that was not the reason why bitcoin was invented it was invented for financial freedom, accessibility, transparency and so on.

Asyifiah

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We cannot say that cryptocurrencies will shine in the future, especially in the next 20 years. We have seen that from the beginning, cryptocurrencies are growing more and more rapidly in various circles who are learning something new. In the future, cryptocurrency will continue to develop, as well as fiat, which cannot yet be replaced as a means of daily transactions, will continue to exist.

hamba laeh

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Quote from: letteredhub on February 23, 2024, 03:41:21 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.

AnonBitCoiner

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Quote from: andyou1234 on April 30, 2024, 11:00:32 AM

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,

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.

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Quote from: MFahad on March 09, 2024, 10:56:55 PM

Quote from: yazher on March 08, 2024, 07:09:59 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, 07:09:59 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?

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Quote from: letteredhub on February 23, 2024, 03:41:21 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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