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Topic: What will happen after cryptocurrency - page 8. (Read 1121 times)

hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
September 21, 2019, 05:55:36 PM
#35
Cryptocurrency keeps growing and the community is welcoming this technology. Though some countries are banning crypto, they are just few than those who believe and think about the good benefits we could get from here. In fact, some big online companies are using this one which means that they are giving their support for crypto and that is a big factor that could attract more users in the near future.

I supposed to think for the betterness of crypto community rather than to think for its distraction and vanishing moment cause I don't believe that it will take into that way easily and I really don't think so unless things will get worse.
full member
Activity: 580
Merit: 101
September 21, 2019, 09:35:13 AM
#34
The future of cryptocurrency depend on how interested of bitcoin investor, they still trust or not with bitcoin and altcoin, if bring much profit maybe cryptocurrency still profitable.
legendary
Activity: 2282
Merit: 1023
September 21, 2019, 11:15:25 AM
#34
Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now?
You cannot make bitcoin the currency for the world to use on a day to day basis for everyone but it can be used as an alternative and there will be no end to bitcoin until and unless there is a major flaw that is yet to be discovered. No everything will end and you do not need to be a genius to understand that digital and virtual forms will be the future  Tongue.

Cryptocurrency never ended how ever the reason because many investor like for investing their money in crypto, giving much profit its why many investor always like invest their money in bitcoin.
Really  Cheesy Tongue  Shocked.
full member
Activity: 1638
Merit: 122
September 21, 2019, 10:48:46 AM
#33
Cryptocurrency never ended how ever the reason because many investor like for investing their money in crypto,
to some yes but what about the others ? some just simply dont like the fact that cryptos are too volatile and they find it too risky as an investment tool  . manipulations are also present on to this space so what if one day the manipulation will go in the next level , say they will dump it hard like a real bubble ? that will result for investors to leave but lets pray that wont ever happen because we are already benefitng from cryptos even in a smaller ways .
hero member
Activity: 2268
Merit: 588
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September 21, 2019, 10:20:54 AM
#32
What do you think will happen? when we\re not even finish mining the remaining Bitcoins.
maybe after that, the result will show. If it still useful when people still want to use it as a mean of payment then
the ending is not close yet. we have some many enthusiasts who continue the will of Satoshi even though they
will get nothing in return they still work on how to get Cryptocurrencies as the main currency of the world
and that by making development that only blockchain technology can do.
legendary
Activity: 2030
Merit: 1573
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September 21, 2019, 09:32:17 AM
#31
Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

In my opinion it will be cryptocurrency, with algorithms updated for quantum cryptography (yes there is such a thing). In addition, there will be tokens (physical) to represent the coins. Some business will do this for convenience to their customers, like casinos and arcade centers used to. It might be in the form of a card or "app" you can load "credits" with (ie. Satoshis).

This way you can buy it in advance, and use the lowest tx rate and at the venue be credited. Of course you could recharge your card/get more tokens is you wanted to...

Banknotes are far from dying if you are from one of those countries with top leading fiat, those people just don't know.
member
Activity: 1302
Merit: 25
September 21, 2019, 07:29:43 AM
#30
I don't think anything will happen and cryptocurrency will still be in existence. Cryptocurrency came up as a result of modern society. The society is growing and technology is also adapting with it. In the future, things might still change.
jr. member
Activity: 236
Merit: 1
September 21, 2019, 08:09:15 AM
#30
The way world moving forward towards technology I think Cryptocurrincess will be the best and most suitable currency in the future to use all over the world. It will give anyone the freedom to buy whatever he wants to, Cryptocurrencies are the revolution that will give benefits to our next generation.
full member
Activity: 952
Merit: 107
September 21, 2019, 07:31:45 AM
#29
I wouldn't look what's next about bitcoin until we haven't seen the world is taking advantage of its full potential. Adoption is imminent and we're far from seeing the whole world on it.

Everyone is still on the adjustment period but we'll see that day where everyone will start talking about bitcoin. We are going to the digital age and dollars might also be digitalized soon.
Maybe there would be no more cash anymore and all payment will be done through online and cards. Though it will take much time, people have to adjust on the changes and adapt it on their own. People are learning even to invest with crypto. This age gives curiousity and more development, hoping that security will stronger.
legendary
Activity: 2576
Merit: 1043
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September 21, 2019, 07:19:17 AM
#28
I'm imagining what can happen after crypto. I remember the time where money has been invented and it took many years for it to be used world wide. In the ancient times, people are buying different things thru a note with trust that the note is worth X.

I don't really care what can replace crypto in the future because at that time, I'm not around anymore but maybe a technology far more helpful and more complex than cryptographic currencies will replace it. We are in the infancy stage already and we are considered early adopters. Lets just focus on improving the current market and not focusing on the future (like around 100-200 years Cheesy).
sr. member
Activity: 1176
Merit: 301
September 21, 2019, 02:14:39 AM
#27
Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.
I agree it would be digital currency in the future they would be paying everything through the internet.
I don't really think that crypto currency or Bitcoin,Etherum or any other big names of crypto would replace Fiat ,
But I think Fiat would adopt and be digital and be used like crypto we are already using cards to easily pay with Fiat so maybe in the future it would be more high tech.
full member
Activity: 364
Merit: 100
September 20, 2019, 06:13:56 PM
#26
Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.
I also believe that after cryptocurrency it can be now used as a digital wherein We can never used fiat anymore but this only happen if we people are very well educated with cryptos even those people live in remote areas.
I always believe that the only constant thing in this world is change so if not now I think it will be the future of cryptos.
legendary
Activity: 2520
Merit: 1113
September 20, 2019, 05:52:39 PM
#25
Money changed its shape through the history. As from non-monetary exchange to the need of having money. Fast forward to our current banknotes which are in my opinion slowly dying with bitcoin taking over. Many discussions are being held if bitcoin can be the primary currency in the world. Let's assume it can be. Everything has an end so what do you think will come after bitcoin? What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

the question is too early to be ask. right now we don't even know what would happen to bitcoin most answers will too be generic and would just based to cryptocurrency
because it is one of the newest type of payment/currency etc.. today. for all we know fiat would still exist in hundred of years co existing with cryptocurrency. if ever cryptocurrency
is to become the main currency I think they would just develop it further to make it practical for daily use.
jr. member
Activity: 1050
Merit: 1
September 20, 2019, 04:29:04 PM
#24
Let's leave the future for a second and address the current issue facing bitcoin. Unless there is unanimous agreement between the bitcoin communities and they properly find solution to its low transaction through-put, then bitcoin might struggle to function effectively as a true currency globally. We have other issues like high volatility and price instability. The probability of cryptocurrency taking over the world future monetary system is high, but not certain it will be BTC. Let not forget that cryptocurrency industry is still young and out of it, something different which is neither fiat nor crypto might evolve to be the next money.
full member
Activity: 1736
Merit: 121
September 20, 2019, 03:47:19 PM
#23
I wanted to say it will remain cryptocurrency but on a second thought, I realize that money or fiat wasn't there before now, who knows what was there and who knows what will be there in future if cryptocurrency will remain or go into extinction.
member
Activity: 254
Merit: 10
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September 20, 2019, 02:56:10 PM
#22
As technology continues to evolve, most likely cryptocurrencies will evolve with it also. Assuming the connecrion of man directly to the computer and consequenlty the internet is successful, most likely some form of digital currency that can be assessed directly using the online network of connected minds would be the next thing. It'll have the features of cryprocurrency but will have the means if being accessed , and transferred using the network of the mind.
sr. member
Activity: 1162
Merit: 260
September 20, 2019, 11:26:34 AM
#21
Maybe super essential things like water, oxygen will be consider as money. But it's a far future. Even the full adoption of the cryptocurrency over the globe is not seems to be very easy or realistic from today's point of view. There are lots of hurdles needed to be cross, like 100% educated people,  24hr internet access all over the world.
legendary
Activity: 3122
Merit: 1398
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September 20, 2019, 11:25:28 AM
#20
What will money look like hundreds of years from now? I predict its gonna be digital of course but I'm interested if its going to be a cryptocurrency or something else.

Whatever it is, it's kind of, not making sense to think of what will be the status of our currency system "hundreds of years from now". Like you have mentioned, it should be digital so from there, just think of any possible improvement that might be applied.

About crypto, no one sees it coming. No one thinks that kind of currency will exist, thanks to its founder. Maybe someday, other geniuses out there will show something and surprised us. Who knows. But as for me, I believed paper money will still be here 100 years from now. Getting rid of it is impossible* to happen.

Anyways, we are just speculating and predicting here. Maybe don't bother with that for now and don't think of it too much.
legendary
Activity: 3164
Merit: 1127
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September 20, 2019, 11:21:34 AM
#19
each country has its culture, each country has its small group of greedy people who make up the government. Countries will accept that bitcoin is used as currency and these countries will create their digital currencies and will continue to use paper currencies. maybe 200 years from now each country will use electronic money and paper money will be out of use.

Why should we so much bother about the event that will be in future...

It's good to do past and present analyzes to get a sense of what the future will be like.  imagine if anyone had the power to see the future? this person would surely be the strongest in the world
hero member
Activity: 2688
Merit: 588
September 20, 2019, 10:59:05 AM
#18
Why should we so much bother about the event that will be in future, and talking of future, I am talking of thousands of years. Money has been in existence for a very long time now, and it is just now that we are beginning to see its weakness, when money was barely 10 years into its creation, I doubt if anyone then would have been able to predict what will happen to it.

I believe that cryptocurrency is gradually taking over the fiat has you said, because if you even see the way that most countries are beginning to implement cashless policy, which means that they want the means of paper money to really phase out, and cryptocurrency adoption will actually hasten this up, but we need more awareness to be done for the cryptocurrency to really be known worldwide.
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