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Topic: The Future of Money - page 3. (Read 976 times)

jr. member
Activity: 246
Merit: 1
January 27, 2018, 06:46:05 PM
It seems to me that the crypto-currencies have already changed the world! And this will only continue!
Of course, crypto currency will not be able to completely replace money, it is expected. But the importance of crypto currency will always grow.
Yes somehow, this crypto currencies affect the system and partly chancege the world. Because some people has it's own opinions when it comes to crypto that some had really believe on it. Although this crypto has been the big impact on each lives because they can earned income yet when facing the fact that fiat money cannot be replace.
Simply the main problem is that there are older generations that are not ready to learn and develop. A crypto currency for them is a terrible and incomprehensible words. This is very messy, but there are many such people. And while crypto-currencies are being introduced into the world, people will start to dive more and get acquainted with the information. This also takes time, unfortunately.
sr. member
Activity: 774
Merit: 250
January 27, 2018, 06:31:08 PM
It seems to me that the crypto-currencies have already changed the world! And this will only continue!
Of course, crypto currency will not be able to completely replace money, it is expected. But the importance of crypto currency will always grow.
Yes somehow, this crypto currencies affect the system and partly chancege the world. Because some people has it's own opinions when it comes to crypto that some had really believe on it. Although this crypto has been the big impact on each lives because they can earned income yet when facing the fact that fiat money cannot be replace.
jr. member
Activity: 246
Merit: 1
January 27, 2018, 06:23:14 PM
It seems to me that the crypto-currencies have already changed the world! And this will only continue!
Of course, crypto currency will not be able to completely replace money, it is expected. But the importance of crypto currency will always grow.
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
January 27, 2018, 05:55:57 PM
I don't think crypto will change the world that way. We are still in monetary system and crypto currencies are just a way for some to get rich or for another to use it instead of money.

But crypto is not changing the way we use money, doesn't matter is it dollars or Bitcoins it is the same core of exchange.
jr. member
Activity: 150
Merit: 2
January 27, 2018, 05:49:14 PM
Money is just a measure of the relative power a man has in the society (with "power" I mean the possibility to do what he likes).
Fiat money is too weak for the complexity of today world, bitcoin is the answer.
newbie
Activity: 31
Merit: 0
January 18, 2018, 01:16:16 AM
It is every techie person dream to have a cashless society. Cryptocurrencies make us wonder on how many more years to come to at least dominate the monetary system. Maybe another decade more by hoping to happen it the soonest the better.
newbie
Activity: 1
Merit: 0
January 14, 2018, 04:28:10 AM
 ::)simple think about how email systems overtaken the postal systems..crypto will defenetly change the system of fiat money..no doubt
member
Activity: 119
Merit: 11
January 14, 2018, 04:25:34 AM
The Future of Money is in crypto.
member
Activity: 168
Merit: 22
January 14, 2018, 04:16:02 AM
Technology really did a great job for this era and crypto currency is one of it.The nature of being decentralized and other potential that crypto have is a big help for the economy.If crypto currencies would become the future money then a complete change will happen(in some country perhaps).There are advantages but the same time some disadvantages.What would happen to those who have nothing?,to the people who are late from the new civilization?, the new system may be a good advantage for those who live in a progressive country but for those countries that have poor people this wont solve anything.Then poverty will still remain.
member
Activity: 90
Merit: 10
January 14, 2018, 03:41:01 AM
Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.
Still, take every time and effort to convince Gov use crypto.
full member
Activity: 532
Merit: 100
January 14, 2018, 03:40:03 AM
cryptocurrency is good and it can help many people but it also have a bad/disadvantage side. the side that will be affected the most are the poor people, some poor eat one/two time a day, have no house, don't have electricity, some/most are not educated. we can't predict the future so i hope they can coexist with fit money and be accepted by government.
jr. member
Activity: 121
Merit: 7
◆ SHREW ◆ Discounted Pre-Sale
January 14, 2018, 03:36:19 AM
It's really scary and fascinating at the same time. People would be involved in such system that can surely affect many banking systems in the world. You can consider it as a 'technological advancement' but global economy is way too affected. Persistently, this would interrupt the norms and future movement of money, that countries would fight for and can even lead to some war. But what makes you think it can conquer our world specifically aside from globalization of crypto-transactions?  Huh
newbie
Activity: 70
Merit: 0
January 14, 2018, 03:23:58 AM
With the development of The Times, now the technology has been developing, and I think that money is the product of this era, and with the birth of The Times,
member
Activity: 356
Merit: 10
January 14, 2018, 03:18:11 AM
Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.
Even then it not possible to see Gov accept crypto coin as their main payment.

As long as the government can't control it they won't get behind something like that indeed.

Yes! That is correct! We have different kinds of government reforms. For example, it may not be accepted in my country but it was allowed in many countries, still government in my country can not stop its people in making Crypto currency be known or use. They can ban it in my country but people can not be stopped for doing it as this is where money can be found. Plus the values of tokens are huge and extravagant compare to the real currency values in stock exchange market.
QFT
sr. member
Activity: 476
Merit: 250
January 13, 2018, 10:19:08 PM
Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.
Even then it not possible to see Gov accept crypto coin as their main payment.

As long as the government can't control it they won't get behind something like that indeed.
member
Activity: 173
Merit: 10
January 13, 2018, 10:16:00 PM
Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.
Even then it not possible to see Gov accept crypto coin as their main payment.
full member
Activity: 280
Merit: 101
January 13, 2018, 09:45:27 PM
But there is no denying that there is a lot of speculation, and if the future of cryptocurrency can be replaced by fiat money, then the bubble needs to be eliminated.

Yes, the bubble needs to be eliminated but it will be not possible because the main characteristic of bitcoin and other cryptocurrency is bubble or fluctuate so i think its not possible to change money.
hero member
Activity: 867
Merit: 522
January 13, 2018, 09:25:53 PM
Electronic money will soon become a trend in future payments. They have too many advantages, so they do not tend to be too unreasonable
The reality is proving this trend
In Norway, cash is only used in 5% of transactions. In addition, Denmark would be the first country in the world to use traditional money entirely without proposing full use of electronic money in government transactions backed up to become law.
full member
Activity: 564
Merit: 100
January 13, 2018, 09:21:48 PM
Electronic money or cryptocurrency is a method of exchange using encryption to ensure transaction security and control of newly created currencies.
This money is exchanged directly with an Internet connection device without the need of an intermediary financial institution, which minimizes transaction costs.
Users are using electronic money that is everywhere in the world, even changing it to cash when needed.
In the world, in some countries such as the United States, Sweden, Denmark, Japan ... Bitcoin electronic money has been used to pay for medical services, banking ... Or most recently the case of Dubai , people can buy houses with electronic money.
full member
Activity: 448
Merit: 102
January 13, 2018, 08:38:43 PM
I like giving them a different perspective but with governments always wanting their cut of the money I'm still always trying to keep watch on their next moves to try and control it. For now I see good profits in the rise but i'm hoping in the long term it will be adapted so my future and hopefully my kids future will be secure.
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