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Topic: The problem of getting bitcoin in the future - page 7. (Read 1101 times)

sr. member
Activity: 980
Merit: 252
The issue is it will take a very long time before cryptocurrency can take the center role or becomes the global currencies because so many government with their law's and views about cryptocurrency, it is very important to note that the government will never let go of they own traditional currencies for cryptocurrency because they will not have control over cryptocurrency.
The thing is that as the development of cryptocurrency is not the government will dictate the rules and the people themselves who will be passionate about cryptocurrency.Already today, a lot of work is being done to attract ordinary people to the basics of cryptocurrencies.The faster this work is carried out, the faster cryptocurrencies will replace Fiat.And I don't think it's gonna be too long for this replacement.
member
Activity: 728
Merit: 24
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?


Electronic money at the legislative level is now a big problem, due to the fact that electronic technology in the state is very developed and there is no such capacity, which can pull the whole digitization of the whole country.
hero member
Activity: 1834
Merit: 759
I don't seem to see any issues with these?

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

Exchange rates are pretty easy to use. The same applies to USD and just about any currency and no one really complains about having to convert every now and then.

another difficulty is that the legal is unclear because each country has one private law.

The same applies for goods and services, and yet those thrive where they are allowed. Different people from different countries may enjoy different sets of privileges, but it shouldn't have an extreme effect on the ecosystem as a whole. It's unfortunate that some countries are hostile towards Bitcoin, but enough accept it for it to thrive worldwide.

Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality.

Using Bitcoin has exceedingly low requirements, so I don't see the lack of technology as an issue going forward. Again though, just because some people don't have access to it doesn't mean everyone else shouldn't either. Equality is ideal but not absolutely necessary.
hero member
Activity: 1274
Merit: 516
For now it maybe seem like a alot of problems to adopting bitcoin, that's why the government and researchers need to do their best, it's only about time to solve all the problem, economic problem could be solve by regulating and maybe controlling the transaction volume, the regulation for implementing crypto need to be flexible so the crypto could grow and the people could get the advantage of crypto, some of the countries already adopting crypto maybe it could be a reference for other countries
sr. member
Activity: 2828
Merit: 344
win lambo...
Do you know what are the real problems the Bitcoin will face sooner or later?
The real problem of the Bitcoin is to face the people who will never accept the bitcoin, those who will not benefit from it and those who will fully against it. Bitcoin is an enemy of a lot of industries especially those people who use fiat money for their own goods. The solution to this problem is to help those people use bitcoin for their own goods. The people I am talking about are the oligarchies.
When crypto  finally received it regulations approval it may serves some ways that big companies will use blockchain technology by then. Maybe they are just waiting for that and to give support, but as of now its a little bit testing for crypto adoption and do actions as what the others do with. We're looking forward that big companies will support this and surely it help to move the market prices.
member
Activity: 858
Merit: 13
Christ The King
As long as the government use the internet, then getting bitcoin is no problem, the technological world is getting more sophisticated and there is nothing the government can do able that.
hero member
Activity: 924
Merit: 502
Why are you even thinking about those things? bitcoin is already applied to many services, merchants, stores and other stuffs that we can use and exchange together with real products. It's not really a problem if you ever think about what you have said.

There's already a true use case for bitcoin and the gov't is even the one that wants to integrate with it. Bitcoin isn't even forcing itself to get attached with gov'ts but the gov'ts are the ones that are pushing themselves to it, why? because bitcoin is usable and has a large market cap that they can take advantage.


Indeed, that's agreeable mate and when government has been successfully engage cryptocurrency to their system they'll fully can control it. I think that's our biggest problem in the future when that happens, which isn't good for us who holds crypto. There will be a possible crash of price, due to more holder cannot withstand against such regulations imposted by government leaders. I can't say it in general but there might be possibilities, some leaders will be greed enough to make the situation be overpowered by them. Our financial freedom will not be as free as what we're experiencing today, and certain circumstances might arise if crypto becomes controllable by government authorities.
legendary
Activity: 2492
Merit: 1232
Do you know what are the real problems the Bitcoin will face sooner or later?
The real problem of the Bitcoin is to face the people who will never accept the bitcoin, those who will not benefit from it and those who will fully against it. Bitcoin is an enemy of a lot of industries especially those people who use fiat money for their own goods. The solution to this problem is to help those people use bitcoin for their own goods. The people I am talking about are the oligarchies.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
The issue is it will take a very long time before cryptocurrency can take the center role or becomes the global currencies because so many government with their law's and views about cryptocurrency
Bitcoin is already a global currency but not many are willing to get it then spend after because of the potential profit that it gives.

it is very important to note that the government will never let go of they own traditional currencies for cryptocurrency because they will not have control over cryptocurrency.
The government could let go their fiat in the future and replace it with their version of cryptocurrency.


I don't this is a real problem I don't see how this affect bitcoin getting into the future. Especially how the military is in connection to a problem of bitcoin in the future.
How every problems of bitcoin as regards adaptation can be settled if the government embrace the possibilities of bitcoin
It's a problem but it's not everyone's problem to fix.
member
Activity: 72
Merit: 36
Bitcoin as a Cryptocurrency was never meant for a country to bug in. If I am not wrong it was always meant to roads fiat for the  owner/user of Bitcoin, who invested fiat into Bitcoin. Bitcoin was never meant to be an Investment opportunity. It is meant to replace fiat and provide financial freedome. I do not understand why you are asking such questions?

I say it would be nice if you can start promoting as well as gaining this currency.







 
jr. member
Activity: 119
Merit: 6
Hello =)
It only going to get easier to get Bitcoin in the future. Sure, it may be worth more, but more wallets and exchanges will start to accept BTC.

Once Visa, Mastercard and American Express start allowing customers to hold and make transactions in cryptocurrency we will start to see an enormous movement in the world of blockchain backed money transfer.
member
Activity: 280
Merit: 14
the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality.

I don't this is a real problem I don't see how this affect bitcoin getting into the future. Especially how the military is in connection to a problem of bitcoin in the future.
How every problems of bitcoin as regards adaptation can be settled if the government embrace the possibilities of bitcoin
sr. member
Activity: 1400
Merit: 420
Actually Bitcoin doesn't need an economic integration to any country as it's operating globally so let each of them adjust to the future of digital currency, just like what was happened in the beginning of the Internet there's no economic integration that was set for each nation but look at now it's almost a necessity good as every household and individual have it.
hero member
Activity: 3038
Merit: 634
Why are you even thinking about those things? bitcoin is already applied to many services, merchants, stores and other stuffs that we can use and exchange together with real products. It's not really a problem if you ever think about what you have said.

There's already a true use case for bitcoin and the gov't is even the one that wants to integrate with it. Bitcoin isn't even forcing itself to get attached with gov'ts but the gov'ts are the ones that are pushing themselves to it, why? because bitcoin is usable and has a large market cap that they can take advantage.
full member
Activity: 980
Merit: 114
The issue is it will take a very long time before cryptocurrency can take the center role or becomes the global currencies because so many government with their law's and views about cryptocurrency, it is very important to note that the government will never let go of they own traditional currencies for cryptocurrency because they will not have control over cryptocurrency.
legendary
Activity: 3248
Merit: 1402
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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?

I don't think that economic integration is really a big problem. Euro is a currency for many countries, and dollar, while not being accepted largely as payment in grocery stores, is still recognized as good money around the world. Bitcoin is already used by a small amount of people in many countries, accepting it as payment is not that difficult. And bitcoin does not require any special skills, knowledge or technology. What one needs to have is a device with access to Internet usually, and using Bitcoin is really simple. As for legislation, - well, bitcoin will not ever be under control of any authorities, so what can be done is only the outline of international requirements on preventing money laundering and financing terrorism (which is already there), and specific countries can choose to tax Bitcoin as income or whatever.
legendary
Activity: 2114
Merit: 2248
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Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money

Bitcoin does not need to be integrated into any nations economic system, it has it's own economics and product value independent of the happenings in any nation. Bitcoin has its own face value and it's a global currency.


another difficulty is that the legal is unclear because each country has one private law.

It does not have to be subject to any private laws if any nation, it is controlled and regulated by the community.
full member
Activity: 924
Merit: 148
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?

Go spam your local board. Your english is barely understandable.
The funniest thing is that most commentators above are pretending that they found some deep thoughts in those words and decided to discuss this question.
full member
Activity: 1092
Merit: 117
Well, that's why bitcoin was created in the first place. To face all economic problems the society has and solve them. Economic integration is definitely going to be the challenge here because no everyone agrees with this type of digital money and definitely not everyone will be willing to use bitcoin instead of fiat. Anyway in think this takes time and slowly bitcoin should be able to integrate better into the economic society. Tha fact that is not legal should surprise anyone since it is decentralized and it was no created to be supported by government or banks.
member
Activity: 266
Merit: 18
The fact that Bitcoin is difficult to become a daily-used currency, it seems to become a method of storing assets like gold. So you don't need to worry about countries having difficulty in using bitcoin, it simply has a value like gold.
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