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Topic: Virtual money is really the future of the world in the 4.0 era - page 2. (Read 570 times)

member
Activity: 406
Merit: 13
The virtual money have always been the currency of the world and bitcoin gaining large adoption will make it even easier for virtual Money to take over the world financial transaction space. More advance technology is needed to make it more accessible by the general public.
member
Activity: 154
Merit: 24
The future of security tokens
Virtual money is the new order in this era of technological domination, it's used in carrying out transactions in many parts of the world.
Virtual money is definitely the future, but it will continue to be used alongside paper money, It cannot take out paper money
full member
Activity: 2044
Merit: 180
Chainjoes.com
although whatever happens with bitcoin I still believe because bitcoin is the currency in the future replacing paper money which I think is not efficient because paper money can be damaged while the bitcoin won't be damaged whatever
The paper money of the states is getting damaged and getting old. However, for various reasons, access to bitcoins is lost. Now forever lost more than six million bitcoins.
The paper money of the states will remain for a very long time. In practice, they will exist as long as there are different states with different economic and political interests. States will never give up their national money.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
Virtual money such as bitcoin is now in widespread use in many countries, but there is a good future for virtual money in the 4.0 era. It is not unbelievable about the power of virtual money, but in the age of 4.0 one needs a basis to make sure that bitcoin exists and grows, or just as a wind passes by and goes into oblivion . Have you ever thought about the basis of need and enough for bitcoin to grow?

Yes,day by day people are interested on virtual money and they already start to use virtual money everywhere.Nowadays people use bitcoin other alt like as eth use in payment for different site or shop. Now people prefer to use virtual money and decreased of using cash money and i think after 10 or more year world will be cashless and they can use only virtual money.
full member
Activity: 924
Merit: 148
Virtual money such as bitcoin is now in widespread use in many countries, but there is a good future for virtual money in the 4.0 era. It is not unbelievable about the power of virtual money, but in the age of 4.0 one needs a basis to make sure that bitcoin exists and grows, or just as a wind passes by and goes into oblivion . Have you ever thought about the basis of need and enough for bitcoin to grow?
One thing is certain here that bitcoin wont go into oblivion and it will be there as long as the internet is active, countries around the world are turning to digital currency and the paper currency concept will be gone in the future but that does not mean bitcoin being adopted but government controlled local currency in digital format. People will understand the real implication of the market in the near future and we will see international trades being carried out on a daily basis by major companies.
Let me tell you a secret. Bank cards also provide you a chance to make online payments. So what is the difference between fiat paper money and the same fiat but stored on your bank account? There is almost no difference. Government still have the control over those money and in case with our cards big brother is watching every our transaction. So the statement about something new in the future is not that good.
member
Activity: 686
Merit: 15
The cost of maintaining the traditional currency is just too expensive, like transportation, replacement with new ones and storage, all these are boring and incurs too many costs. More so, the failure rate of its transaction can be alarming. So we are going to see a massive switch to virtual currency soon.
copper member
Activity: 658
Merit: 402
Yes bitcoin is widespread in different countries and lot of people uses it but compare to the population we have, digital currency still needs to grow and grow. I bet digital currency will continue to live in the future era since the world continues to develop technology for the better future. And digital currency is also part of the technology and I believe as time goes by, people who uses and know bitcoin and crypto will continue to grow, it just need more time for adoption
hero member
Activity: 2814
Merit: 911
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Virtual money such as bitcoin is now in widespread use in many countries, but there is a good future for virtual money in the 4.0 era. It is not unbelievable about the power of virtual money, but in the age of 4.0 one needs a basis to make sure that bitcoin exists and grows, or just as a wind passes by and goes into oblivion . Have you ever thought about the basis of need and enough for bitcoin to grow?
One thing is certain here that bitcoin wont go into oblivion and it will be there as long as the internet is active, countries around the world are turning to digital currency and the paper currency concept will be gone in the future but that does not mean bitcoin being adopted but government controlled local currency in digital format. People will understand the real implication of the market in the near future and we will see international trades being carried out on a daily basis by major companies.
sr. member
Activity: 1330
Merit: 326
We are already coping up with virtual money such as bitcoin. I wouldn't disagree with your statement, the new era will kind have a future ahead if this cryptocurrency will be fully embrace and accepted.As you can see, it is already been used as innovative payment that is why no doubt that it will be the future virtual money in the new era.
hero member
Activity: 2912
Merit: 642
I dont know if that should be called virtual or just mere middleman.
Banks are offering loans and services but you wont see any single penny getting out of their cash box. It is just a card or they will do it for you.
We can say it is minimizing the use of paper or damaging it but it is still fiat.
Ir aint crypto currency which is a hell of different.
I want to see something new. Where I could really use my owned bitcoin.
full member
Activity: 518
Merit: 100
Well, I do have also the feeling and agree with this that in our near future, the Virtual Money will bring into the hands of the future payment method that will be use by the people around the globe for the different transactions.
sr. member
Activity: 1078
Merit: 342
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Day by day we are depending on virtual money because we can easily handle it. It is so fast and secure. We can transfer money with a moment in over the world. It has reduced our time and money also.
Exactly! Virtual money will dominate the financial market in the future! It's just a question of time, I'm sure that bitcoin and the other cryptocurrencies value will increase so much in the future and a lot of people around the world will start to use bitcoin and also other crypto. I say that because with this technology development, people will start to think that it will be more easy and secure if we use crypto, because it's so fast and more practical.
sr. member
Activity: 980
Merit: 252
Yes it is irrefutable.Virtual money will become just an integral part of a new era and a new civilization, which, if not we then our children,we will use.
full member
Activity: 238
Merit: 100
Day by day we are depending on virtual money because we can easily handle it. It is so fast and secure. We can transfer money with a moment in over the world. It has reduced our time and money also.
member
Activity: 169
Merit: 11
although whatever happens with bitcoin I still believe because bitcoin is the currency in the future replacing paper money which I think is not efficient because paper money can be damaged while the bitcoin won't be damaged whatever
full member
Activity: 688
Merit: 106
Virtual money such as bitcoin is now in widespread use in many countries, but there is a good future for virtual money in the 4.0 era. It is not unbelievable about the power of virtual money, but in the age of 4.0 one needs a basis to make sure that bitcoin exists and grows, or just as a wind passes by and goes into oblivion . Have you ever thought about the basis of need and enough for bitcoin to grow?

Maybe in the couple years all of the in the world will be have digital or virtual money that can be accepted in all kind of transactions. Even now we can see virtual money but not all countries accept it but I know in the near future all of us will use virtual money.
legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
As we enter the era of inter-planetary habitation, we will need a currency that would meet the demand for these changes. A person may be working on Mars, developing software for a company on earth and he or she might get payment in Crypto currency that can be used between different planets.

Alternatively, people could develop a Crypto currency specifically for Mars or other planets and switch between that currency and other currencies for other planets, when they travel between them.  Wink
member
Activity: 518
Merit: 10
This is not a shocking topic for me, because honestly I am really looking forward for this to happen. I am glad to have this happen for the future? Why? Because it is what is good for us people. That is only for my own opinion. But I think that when that time comes that virtual money become worldwidely used as a payment method, that will bring a much more convenience to people around the globe.
member
Activity: 448
Merit: 17
Virtual money such as bitcoin is now in widespread use in many countries, but there is a good future for virtual money in the 4.0 era. It is not unbelievable about the power of virtual money, but in the age of 4.0 one needs a basis to make sure that bitcoin exists and grows, or just as a wind passes by and goes into oblivion . Have you ever thought about the basis of need and enough for bitcoin to grow?

bitcoin exists and grows because of market demand, we can see the market demand for a global currency without borders and cannot be controlled by a large country and of course it is very safe, all of this can be obtained by using a bitcoin exchange tool, so there is no need for recognition from one of the countries because the business world around the world has admitted it.
legendary
Activity: 3150
Merit: 1392
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Virtual money such as bitcoin is now in widespread use in many countries, but there is a good future for virtual money in the 4.0 era. It is not unbelievable about the power of virtual money, but in the age of 4.0 one needs a basis to make sure that bitcoin exists and grows, or just as a wind passes by and goes into oblivion . Have you ever thought about the basis of need and enough for bitcoin to grow?
The usage of bitcoin is not as widespead as one might think. There are 32 million Bitcoin wallets and 7.53 billion people. Assuming that there is 1 wallet per person, even though some people have a few wallets and some wallets belong to companies, exchanges etc, we get 0.4% of population using bitcoin at all. That's about 10 times less people than those using USD as their main currency. So yeah, the perspectives of adoption are not very promising for now. As for whether there's even enough bitcoin, let's do the math again. Now we have around 13 million btc in circulation (taking into account that 4 were lost). If everyone gets an equal part, thats 0.0017 btc per person which is only $6 at the current price. However, since each bitcoin equals 100 million Satoshi, each person has 170k Satoshi. Is it theoretically enough for the current population and needs? There is around 80 trillion dollars worth of all money in the world right now. We have 1.3 quadrillion Satoshi, so yeah, we probably could replace all of the money with bitcoin (if we ignore the issues with transactions, of course), but that will not be the case forever (unless there's a way to split Satoshi).
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