Topic: The problem of getting bitcoin in the future - page 5. (Read 1068 times)
I think there is no problem about Bitcoin in the future. Don't think that is a replacement but in fact it is an alternative way for payment system. We are now in the digital world, banks also uses electronic money, even companies uses their loyalty points as digital money. That was the very principle of digital currency. We are using it widely now and it really proven effective.
making bitcoin become daily currency in the world, is very hard because we know that many people that dont like bitcoin because of the fluidity, i think when bitcoin be the stable currency many people will use bitcoin daily
Why are you being pessimistic about the bitcoin's future? Let us just face it with positive outcome. Yes, each country has already a fiat with value but they are already welcoming bitcoin as a cryptocurrency and as an investment and there is nothing wrong if we will adopt btc and use it as a digital payments.
market potential by looking at market capitalization in general and they compare it to total world liquidity. one of the best trading strategies used by upper class people, Bitcoin is already popular I think this is the reason why getting a big market. 
Basically bitcoin is spread as negative asset by governments as well by the banking industry. This has stopped more venture stop the adoption of bitcoin into their services. Probably there will be large scale adoption of blockchain technology which will gradually make people go with bitcoin and other cryptocurrencies as an alternate to the prevailing financial services access.
We will have more problems on the future with bitcoin than what we’re facing right now. Specially when bitcoin go really big that it really rivals fiat money. Demographics is one of them, people age 50 and above is not that techie anymore according to some studies and we will have problem introducing bitcoin to them. This past few months, I’m educating my parents, whose age are 51 and 58, how to use bitcoin and some of the exchanges including coinbase and bittreo. They invite some of their friends to use it and they’ve got a good referral bonuses of up to 30% so they’re happy with it and at the same time educating people on the same age bracket.
Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law.
This type of problem does not make everybody answer what that country's decision is. You can never get back to the decision of the government unless citizens make their moves. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?
The political, military does not answer to this. In US, they are protecting dollar as the national currency that is used in the world. It is the power of dollar. But, bitcoin, who owns bitcoin? None. If there is, an anonymous person. 
One thing I know for sure is that now you need to buy Bitcoin because it is already difficult to mine it now. Bitcoin will still be used in the future.
Bitcoin can go alongside with a country's currency. Since Crypto currency is decentralized, no one has control over it even the government so there will be no problem even though it exist the same way the currency of a country exist. The only problem would be, if government will apply regulation over Bitcoin, they could not control it but certainly they could regulate it.
Well, it is decentralized so the government has no control over it but they can control its legalization in the country. They can ban Bitcoin and other crypto currencies in the country, they have the power over it. I think the only problem Bitcoin has in the future is its price and volatility and also the support from people and the government.
I don't see any difficulty if a country will adopt bitcoin as method of payment.
Secondly, we don't even have to think about virtual reality, crypto is a crypto, as it is.
Getting bitcoin in the future will become more easy because of that adoption by every country, and bitcoin will be the center of online money. Bitcoin can’t resolve the problem in politics or any personal interest because bitcoin was made only for financial transations and becomes a good investment. If one country will stopped this market, othet country will adopt more because they know bitcoin is good. Secondly, we don't even have to think about virtual reality, crypto is a crypto, as it is.
Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?
That's is real even now bitcoin and the whole virtual crypto currency is harder to accept by other because of many reason like you said. But I still believe all prolem have a solution .
Your just making things worst,first bitcoin will never replace those currency that you are mentioning so whats the problem being bothered by this?all the existing fiat will remain so there is a plenty of things that can be used bitcoin.Japan is a well develop country and we know how strong their Yen is,but did they bother to made issue for crypt?ofcourse not because what they did is accept and adopt this technological currency to their economy
[/quote]
Well" you had a point but sooner bitcoin is the most important thing than fiat money in the future and I believe until the new technology going to growing up including bitcoin because is part of the new technology.
I thing getting bitcoin in the future is not easy, if you see then notice that bitcoin is more popular than other cryptocurrency. It's price now became a huge rate, there are so many earning, betting, gambling sites on online and people interested about this because they want btc. For the reason it's popularity everybody want btc & i thing it's popularity create the problem of getting btc in the future.
Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?
It's hard to solve this problem if all people especially if they are in the government officials don't want to open their mind, thinking about a new change for a better world. They need to realize the reality that the technology being grow fast and we are in the new era which new technology will come to us.But the fact, they keep saying negativity of cryptocurrency and they say that the blockchain is a bad thing for every people because they never learn the benefits of bitcoin for their life. How can we get a better life without doing something to open our perspective from the new things that will help us to get a better life?
They all have their interest and purposes without thinking that something is going to change in this world. Much new technology invented and not just cryptocurrency but the fact, they are not responsive, and even they reject and deny the truth.
But let the time will answer this question and time will change everything and they will realize the truth.
Yeah, the issue that you mentioned is actually true. But honestly, those are just small issues that can be fixed anytime. The laws will change once bitcoin becomes widely used. It won't create much of a problem. Besides these problems, there are more huge problems that we need to fix. Once everyone starts to adopt using bitcoin, can the network be able to handle all those thousands of transactions together? Will the fee remain the same or will it skyrocket proportionally? Will people be able to adopt with it? Can it be used as a regular currency? These are the main issues and problems we need to think about.
I agree. After(Important) Bitcoin is widely adopted/used and stabilized then it could be implemented worldwide even without too many issues if humanity choose to do so someday.
It ultimately depends on the lawmakers and big banks who can make the decision first and then the implementation in an ordered way to make sure it happens without too many issues. But will Bitcoin be someday the sole currency of the whole world? Maybe it could be main one, but i doubt that it will be the only one.
The problem associated with getting bitcoin in the future can only steemit from the price factor....that is if the price is too high for investors.
Like some analysts predicted that the price of bitcoin in the first quarter of 2020 would be over $85k. So you see at this price not many who would want to own bitcoin could afford it .
Another issue is mainstream adoption, if bitcoin becomes generally accepted in the future as a payment medium, it would make it easier for the public to own it otherwise, reverse would be the case.
Like some analysts predicted that the price of bitcoin in the first quarter of 2020 would be over $85k. So you see at this price not many who would want to own bitcoin could afford it .
Another issue is mainstream adoption, if bitcoin becomes generally accepted in the future as a payment medium, it would make it easier for the public to own it otherwise, reverse would be the case.
There are bitcoin atm machines popping up everywhere, even in dubai where it is available without kyc. Where there is demand there will be supply
Exactly we can get bitcoin anywhere in the world because it has good name all over the world, markets are allowing the people to use bitcoin online transaction, for purchasing goods of our needs, I am sure in near future there will be no problem for getting bitcoin, whenever I needed I got from market as there are so many sites and offline market places. 
Yeah, the issue that you mentioned is actually true. But honestly, those are just small issues that can be fixed anytime. The laws will change once bitcoin becomes widely used. It won't create much of a problem. Besides these problems, there are more huge problems that we need to fix. Once everyone starts to adopt using bitcoin, can the network be able to handle all those thousands of transactions together? Will the fee remain the same or will it skyrocket proportionally? Will people be able to adopt with it? Can it be used as a regular currency? These are the main issues and problems we need to think about.
Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?
One problem I can see in the future with Bitcoin is it's price. In terms of government, banks, adoption, and centralization in general I think it already had happened here in my country and for me it is not a problem anymore because it can also make enthusiasts more secure as local exchnages are regulated. Every country has it's own understanding about the potential of Bitcoin either as a currency or an investment. 
Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?
Your just making things worst,first bitcoin will never replace those currency that you are mentioning so whats the problem being bothered by this?all the existing fiat will remain so there is a plenty of things that can be used bitcoin.Japan is a well develop country and we know how strong their Yen is,but did they bother to made issue for crypt?ofcourse not because what they did is accept and adopt this technological currency to their economy 
I think we can face a lot of problem in the future of getting bitcoin. First when bitcoin did not hit it's goal to decentralized and it's legalization we were experience the hard time to store and make our bitcoin secure.
Isn't bitcoin now decentralized, no one can change the bitcoin system because there is no government that can manage bitcoin.
Then another problem is technology. How can we get bitcoin easily when most of business and organization did not upgrade their system for the use or getting of bitcoin.
And when viewed from the current development, there is a lot of bitcoin growth in several countries, even Switzerland has implemented tax payments with bitcoin or binance which is now increasingly increasing the security of its business.
Come on, bitcoin will grow bigger
Jump to: