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Topic: The Future of Money - page 7. (Read 976 times)

newbie
Activity: 104
Merit: 0
January 11, 2018, 02:54:13 PM
#64
I believe that bitcoin will not replace money, everything will remain as it is. earn on the stock exchange - translation on the map. Just think what will be the taxes.
full member
Activity: 560
Merit: 107
Keep Working
January 11, 2018, 12:17:31 AM
#63
More and more enterprises are getting into the blockchain, and in future we'll see blockchain based banks. Eventually, most of the people will move to digital currency. However hard cash will remain there for centuries.
hero member
Activity: 2856
Merit: 667
January 11, 2018, 12:06:37 AM
#62
Now there is speculation that the future is unpredictable, I hope that money has a good future, after all, I invested some money, so for me, also can get some good high returns
What money are you investing? money is not a good investment because the value is subject to inflation.
The good investment is the cryptocurrency like bitcoin because the price will continue to rise due to its limited supply, also there are altcoins in the market which is a good choice of investment as well.
hero member
Activity: 884
Merit: 500
January 10, 2018, 11:50:57 PM
#61
Crypto currency is a currency in the future that is currently not yet accepted by some countries and already there are some countries that have received crypto currency, maybe fiat money is still the main currency in the whole country because to show the currency in each country while Crypto Money that is unacceptable may not be able to fund state money, and state governments still need taxes that can result from money transactions. To build the country from taxes.
maybe it's in my opinion and one's opinion may be different from my opinion.
newbie
Activity: 70
Merit: 0
January 10, 2018, 10:13:14 AM
#60
Now there is speculation that the future is unpredictable, I hope that money has a good future, after all, I invested some money, so for me, also can get some good high returns
newbie
Activity: 3
Merit: 0
January 10, 2018, 10:06:33 AM
#59
In the future, cash will gradually be replaced by cryptocurrency because of its convenience as well as its safety. Over the next 20 years, as people move their transactions over the Internet, cryptocurrency, especially Bitcoin, will leverage its strength to become the most powerful currency in the world at the time.
sr. member
Activity: 308
Merit: 250
January 10, 2018, 09:58:21 AM
#58
I think that modern financial system that rely on banks will stay in future. The only most important thing we may expect it is transformation of this system in the field of transferring and holding information.

In the history peple were using some metals and food to exchange products. Now gold, silver type of coins (money) existed. People started to use them, then paper money came in. This is a progress and paper money will last soon.
member
Activity: 141
Merit: 10
January 10, 2018, 09:56:05 AM
#57
This is a nature of development. As you can see now people does not carry much fiat but creditcard (in a term it is electronic money - although it is not decentralize).
However, the day that we use crypto in real life is still far. We kind of need a value stable crypto (USDT might be) to actual use it in real life.
member
Activity: 392
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
January 10, 2018, 09:20:17 AM
#56
Almost every enterprise in the world is involved in the blockchain industry, so blockchain will change the world. If the enterprise does not learn the block chain, it will be eliminated.
I completely agree. Who will be the first to use blockchain - that will be a success. This is already understood by many large companies and banks. This is the future. Cool
full member
Activity: 448
Merit: 100
January 10, 2018, 09:09:12 AM
#55
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.

The financial institutions won't throw in the towel but they will evolve and learn to provide better services that will flow with their customers. The great thing about crypto is to let the Government and Banks know that money is no longer in the hands of the elite. It is now an open market
hero member
Activity: 557
Merit: 500
January 10, 2018, 08:37:39 AM
#54
Perhaps, quite soon humanity will live without money. Abolition of fiat with each passing day is getting closer and more real.
member
Activity: 267
Merit: 10
January 10, 2018, 08:04:28 AM
#53
Cryptocurrency is a challenge to the present finance. It broke the monopoly of the banking sector. More and more people are beginning to learn and understand cryptocurrency, and hope that in the future cryptocurrency will be able to create new technologies to serve human beings.

newbie
Activity: 70
Merit: 0
January 10, 2018, 08:02:59 AM
#52
I believe encryption currency is very optimistic for the future, because now more and more people are involved, many countries are now with the government support the development of encryption currency, encryption currency may in the future you will replace your current currency
legendary
Activity: 1358
Merit: 1000
January 10, 2018, 07:50:59 AM
#51
I think that modern financial system that rely on banks will stay in future. The only most important thing we may expect it is transformation of this system in the field of transferring and holding information.
full member
Activity: 602
Merit: 104
January 10, 2018, 04:28:53 AM
#50
I think crypto and fiat money will live together for a long time.
crypto is not strong enough to replace fiat money
full member
Activity: 392
Merit: 100
January 09, 2018, 10:58:45 PM
#49
It seems indeed crypto like as created for the future of more modern money and more useful from all its superiority. Well it looks so far that so many people are so closely related to crypto, so many people are now seen as fixed on crypto rather than regular job with a various efforts made such as investing, trading in particular.
But I don't think all the governments of all countries will really support and really point out that crypto in the future would be a currency that's very important role in the country. And I don't think the all governments of each countries would be have a same thoughts about crypto.
newbie
Activity: 40
Merit: 0
January 09, 2018, 10:43:58 PM
#48
Bitcoin, whose credibility took a hit with the spectacular collapse of its largest exchange, Mt.Gox, in February, may not dominate the world as a virtual currency in 25 years, but the idea of digitized money may. And the reason is as old as capitalism itself: lower costs.
From a purely technological perspective, the ability to pay anyone instantly in any currency exists already, with minimal or even no transaction costs. Banks are resistant to such a no-fee money marketplace, because they now profit by acting as intermediaries for transactions. In the coming years, however, "insurgents" will make those transactions easier and cheaper
member
Activity: 308
Merit: 17
January 09, 2018, 10:31:20 PM
#47
I think crypto and fiat money will go side by side in the future.
member
Activity: 399
Merit: 16
January 09, 2018, 10:22:26 PM
#46
Crypto in the future may improve the central banking system but can never end it...only to compliment.  The world is too diversified to be considered one and gradually the intro of crypto has tried to unify the currency system.  There are so many speculations that crypto is the future of money.  True it might be but its volatility has prevented other countries to accept it.  Other countries welcome digital currency because the consummation of transactions are much faster.  Crypto has much improved the banking regulation system to suit to the innovation of this cryptocurrency and at the same time take necessary measures to prevent money laundering.
full member
Activity: 308
Merit: 100
January 09, 2018, 10:11:38 PM
#45
we already experience the good future in crypto now because it's so conveniece to use that's why it's run and even without investing or some jobs here to earn we can still use this to transfer money in different countries,i think also it's create many jobs and that's why it become so popular another thing that can crypto brings are the many knowledge about everything here so even it's only like that many of us still going to use this.We already have future now so if it's continue to grow or become more popular i think in the future we can call it "international money" because of the conveniece that digital money can brings.
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