The Future of Crytopcurrency - page 7.

Kotone

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Quote from: Angeloben on June 13, 2020, 11:19:51 AM

With blockchain data can be stored in a decentralized public book.

With cryptocurrency, we can make anonymous transactions without centralized intervention.

If you add speed and spread to the public, then the future is cryptocurrency.

How do you think?

There is a thing called privacy coins that is exactly what best describe this. They are not govern by most centralized platform except for market trades but their concept is much similar to what you are asking. Their platform works like a privacy book encompasses of most data movement. Such example of this is monero which is highly commendable coin on cryptocurrency. There are some who followed this path but not sure of their potential.

FanEagle

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Governments "will not" be silence to this? I mean it has been going around for 10 years now and governments all around the world are making some laws about crypto already supporting it. Sure there was a lot of times when governments did go against it but at the same time I feel like that small number means nothing when most of the worlds governments accepts bitcoin.

Right now the biggest country in power is probably USA and they have states (no federal laws regarding crypto afaik) that accepts crypto payments for taxes as well. So, I would like to say that governments will do nothing bad to it, they will support it. At least that is what they have done so far and they have raised billions of dollar in taxes combined, why would they change it later?

alan2here

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Quote from: kolbalish on June 14, 2020, 02:30:57 PM

Blockchain technology will rule the world in near future. So crypto currency is needed to run it properly. It can be happened when maximum countries will accept it and there will no barrier to use it in our daily life. Then it will be more valuable and the system will be changed.

I am also waiting for this to happen because blockchain is playing a very important role in everyone's present life. I think that if the investment demand is higher in the future, the crypto market will be easier to develop.

However, a large number of countries still do not have a good view of this market, so they will surely spread false information about this market.

Denreal

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Quote from: Psynthax on June 14, 2020, 07:23:41 PM

Quote from: Miaallen on June 14, 2020, 06:45:29 PM

The cryptocurrency and blockchain technology are the future themselves. Just that it won't come as soon as people expect.

It's more than what already expected by people. If we are talking about the price that comes from the coin that already becomes a part of blockchain ecosystem and that will now make sense to discuss that but the adoption of blockchain is growing so fast.

Is it really growing fast?
I think, in my opinion, the adoption is still slow, but even at that, it is obvious that we are moving. There are more innovations happening almost on a daily basis. Now extending such development to the world, in general, is what remains.
Several people are trying to apply, but there are certain projects in the works of life that are not applicable.
I think if the government and other regulatory bodies can come out to show their supports, there will be a widespread development and adoption will jot be a problem.

Psynthax

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Quote from: Miaallen on June 14, 2020, 06:45:29 PM

The cryptocurrency and blockchain technology are the future themselves. Just that it won't come as soon as people expect.

It's more than what already expected by people. If we are talking about the price that comes from the coin that already becomes a part of blockchain ecosystem and that will now make sense to discuss that but the adoption of blockchain is growing so fast.

Miaallen

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The cryptocurrency and blockchain technology are the future themselves. Just that it won't come as soon as people expect.

nikki4

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Believe it or not, we all like our privacy in any situation. Decentralized finance is very useful to us to protect our privacy. In future cryptocurrency could rule the world, only against it our government. But by force or situation we could use to it, decentralized exchange should be popular when centralized exchange is becoming popular.

kolbalish

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Blockchain technology will rule the world in near future. So crypto currency is needed to run it properly. It can be happened when maximum countries will accept it and there will no barrier to use it in our daily life. Then it will be more valuable and the system will be changed.

Slow death

legendary

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Quote from: Angeloben on June 13, 2020, 11:19:51 AM

How do you think?

there is a lot of work to be done, for example:

what is the use of altcoin in the real world?

how many people with basic knowledge use altcoins without having any problems?

how to combat the pump and dump scheme that is constantly occurring in altcoins?

We cannot continue to see new altcoins coming up with different ideas every day, but in the real world few people use such a project because they don't even know the project

Anish02

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As per the time, the world is changing so fast and during this time the cryptocurrency has been evolving and reaching towards everyone. As of now, many countries have started supporting cryptocurrency. So we can hope that within 10 years, many countries would replace their fiat with cryptocurrency.

Tahsin Kabir Kollol

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Cryptocurrency has a potential future but it is very important to improve some issues. Most people today are not fully aware of cryptocurrency and they don't know how to use cryptocurrency. The more people understand it, the more its use and acceptance will increase which will help it to become the currency of the future. People need to be made aware of the benefits of the blockchain approach and its ease of use. Cryptocurrency needs to be stabilized and its credibility enhanced by freeing it from fraud. In addition, if the government of each country recognizes it as a legal tender, it will be considered as the best medium for future transactions.

torrantz

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Quote from: takana212 on June 14, 2020, 06:04:25 AM

now some countries have legalized cryptocurrency so that over time cryptocurrency will continue to grow and will be applied in various transactions later, and now we are just waiting for when that time will come.

I doubt if crypto will be applied into the various transactions but there must be a section that crypto can be specialized for it. The time has come for the real adoption of cryptocurrency. It's just a matter of time until everything will happen.

Rampagoe004

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Discussing about the world of cryptocurrency surely we have a different view, and we always predict positive things about the development of crypto and I am very sure for now many people already know how crypto works and they are certainly interested to invest in it, and about the price we are very confident for the future will be better and continue to grow.

Pomogator

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Quote from: Angeloben on June 13, 2020, 11:19:51 AM

With blockchain data can be stored in a decentralized public book.

Really agree with this statement but In the second I'm not very sure. I think that decentralization is the biggest achievement of cryptocurrencies. All coins are very volatile, so I don't consider them as a means of payment, but decentralization is definitely what we need.

grizmoblust

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Quote from: filterMX on June 14, 2020, 09:27:59 AM

The development of cryptocurrency has now been applied to various daily needs in several developed countries, over time there will certainly be many other countries that will implement the same things as these countries.

Many major countries are beginning to legalize this market, and if this can happen smoothly it will surely attract a lot of new investors to this market. This market is still very young, so I believe that if you invest early, you will certainly succeed here. In addition, a lot of startup projects are tending to enter the crypto market more and more, and this is a way to easily attract more investment funds if it's a good project.

romelitounknown

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Quote from: GreatArkansas on June 13, 2020, 11:39:19 AM

Quote from: Angeloben on June 13, 2020, 11:19:51 AM

If you add speed and spread to the public, then the future is cryptocurrency.

More likely, but for sure it takes time. And for me, even cryptocurrency will be widely spread to the public in the future, the traditional way will still not go away, it's still there. That's what I am thinking also in cryptocurrency, it's still like neutral, you can use it or not, you will gonna be decide on it.

I can agree with that, fiat currency will not go as like a snap, but it takes time. I am forseeing a collaborative digital and fiat transactions in the near future.

filterMX

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The development of cryptocurrency has now been applied to various daily needs in several developed countries, over time there will certainly be many other countries that will implement the same things as these countries.

rodskee

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Quote from: Altero on June 14, 2020, 08:00:00 AM

We are very optimistic about what would be happening in the future in regards to crypto existence and we believe that this will be more usable in some areas just like bills payment, online transactions, and many more.

There's a big potentials that this will happen, the market moves positively even there's pandemic virus the flow still holding the
barrier, a good sign for more to come in terms of adoption.

Quote from: Altero on June 14, 2020, 08:00:00 AM

May adoption won't be guaranteed to be at a hundred percent but it most likely we come into half of it.

Better than nothing, if bitcoin / cryptocurrency serves the real purpose for payment transactions more likely there are people
who will support this industry and it will bring success to this system.

Altero

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We are very optimistic about what would be happening in the future in regards to crypto existence and we believe that this will be more usable in some areas just like bills payment, online transactions, and many more. May adoption won't be guaranteed to be at a hundred percent but it most likely we come into half of it.

monineklutak

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Quote from: gaston castano on June 14, 2020, 06:29:45 AM

actually this is good but the government will not be silent seeing this. because they want everything to be centralized and they control it, if the banks and the government have always agreed to this, the development of crypto will be realized more quickly.

crypto currencies do not require approval from the government, we know crypto is decentralized, not centralized,
although they forbid it, the crypto currency will not be stopped

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