When you think of currency what will come to your mind? - page 26.

yndye

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Quote from: zmkriel on July 06, 2018, 10:57:14 PM

I agree with you mate. Cryptocurrencies particularly bitcoin can be so useful at the moment but specifically for investment still. Volatility is the main hindrance why many of us still cannot adopt or considered cryptocurrency as our main currency. Development stage is on going though so hopefully in coming years it will become more stable to be use as mode of payments.

Volatility and adoption are the main factors for me why cryptocurrencies cannot be fully adopted yet as currency because there is no proper accounting of it. If I have a business then I wouldn't risk my profit by holding a cryptocurrency that may go down in value anytime unless the fiat value of it doesn't matter anymore if we would account all out sales and purchases in crypto in which case there is no need for conversion. If that time would come when it would be like this then mass adoption is here.

Fappanu

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The first thing I thought was fiat money. I'm still using the fiat money because it's used for paying the purchases. But I still think bitcoin because it comes from.

Maybe if a lot of entrepreneurs who accept bitcoin might be different from our mind and bitcoin what we can think of immediately.

Dana-pasar

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if I think about money. i will use to buy bitcoin gan. because I do not want to miss the opportunity to buy bitcoin at a cheap price. and I'll keep saving until the price goes up .

zmkriel

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Quote from: vinbitpon on June 25, 2018, 10:44:38 PM

IMF is already considering crypto as a new form of currency. With the current technology the world have, they are already aware that BTC will be useful.

But, I think this will take years to be used in full. Crypto is still in development stage.

I agree with you mate. Cryptocurrencies particularly bitcoin can be so useful at the moment but specifically for investment still. Volatility is the main hindrance why many of us still cannot adopt or considered cryptocurrency as our main currency. Development stage is on going though so hopefully in coming years it will become more stable to be use as mode of payments.

zhabuxxs

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Activity: 392

Merit: 1

Quote from: Leo Barnes on June 25, 2018, 09:42:13 PM

The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?

this is just a revolution of payments that follow the time .. this statement is made because some people have switched way of transaction which initially assisted by banks now easier that is by using bitcoin and altcoin

Levin23

newbie

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That may be, it seems that someday Cripto will replace the paper money, I imagine if it happens it will be very easy to transact, but the security of the crypto money must be strengthened again.

PIR

member

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CRYPTOBLADES Octoblades 10.10

When I think of currency first thing that comes into my mind is digital, electronic money, not the usual money than can be use in small store or buy small piece of candies using it.. but rather can be use in a mall, groceries, big business establishment, international purchasing and the like...

Btcmicel

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Quote from: kaizerblitz on July 06, 2018, 08:53:56 PM

When i think currency first come to my mind is bitcoin. I believe bitcoin is the currency of the internet and will dominate soon the fiat currency will down. Because bitcoin is just not currency it has special use of blockchain technology that can give the transaction so easily and fast secured.

When i think currency it comes up in my mind is a digital money. An emaginary money who's the transaction is through online. Easy to used and far to steal by a snatchers.

kaizerblitz

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When i think currency first come to my mind is bitcoin. I believe bitcoin is the currency of the internet and will dominate soon the fiat currency will down. Because bitcoin is just not currency it has special use of blockchain technology that can give the transaction so easily and fast secured.

natasharul69

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Quote from: FlightyPouch on June 25, 2018, 09:53:38 PM

I don't think they see Bitcoin as a new currency but what they might be referring in this photo is not about the evolution of money since trading is not here but the evolution of payment system that starts using the common ones, paying money then it evolved on using cards and now which we can use mobile phone applications and obviously Bitcoin.

I also think that they do not see bitcoin as a new currency, but the evolution of the payment system is clearly seen here.

pushups44

sr. member

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As I've said previously, the Lightning Network will have to be fully developed and deployed for bitcoin to be seen as a viable currency once again. I give this no more than two years from today. Bitcoin will once again be seen as a currency.

Catch-22

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https://crowdsale.network

The U$ dollar is what comes to my mind first when the word currency is mentioned. Bitcoin is the thing of the future. The people at the IMF know this. Greedy, like some of US here, but not stupid.

Catch-22

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https://crowdsale.network

The U$ dollar is what comes to my mind first when the word currency is mentioned. Bitcoin is the thing of the future. The people at the IMF know this. Greedy, like some of US here, but not stupid.

m.mendoza

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Quote from: KingScorpio on June 25, 2018, 09:55:41 PM

IMF employees are similar like Bank employees they are braindead, (in the west especially often braindead christians) they are supposed to be neutral, not constantly think the universe is good to them and helps them. they live their live and write down things, being aware, of 0.000001% of total reality whats going on.

they think bitcoin is a social movement, supported by many,

but the truth is different

its a greed movement to obtain power as all other currencies are. its a never ending flow of propagandacoins, till those that work for money simply will see no reason working for money anymore, and money collapses even more.

regards

Its about money its about earnings. bitcoin will be used by many people. Something that you can buy or trade in for goods and services. Something that can use to pay bills and can be use to invest and make profit in different ways. I treat cryptocurrencies as a currency mostly because they change they way money works. People need to realize that

thepers0n

newbie

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I think about BTC and ETH because today they are the leaders of the market. They have a big platform, base of investors and they influence the market's price so they are the main currencies

Activitycoin

full member

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Quote from: jpespa on July 04, 2018, 09:44:28 PM

What comes to my mind is when I think of currency is work because currency talks about money and you gain money by working

Of course for any kind of earning we will have to work and it will increase our earning, now a day bitcoin is at high level of earning so when I think about bitcoin the only thing which I get in my mind of best and reliable source of income, so I took it as an additional income and I am using it to get better earning along with my job, using bitcoin you will feel free that you have good source of earning in your hand, which will secure your future too.

Ronaldcoin2017

sr. member

Activity: 1148

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BITCOIN, because it is the most amazing crypto currency that is built around a different features than can make as earn in a very simple and amazing way. It is a very interesting, I think we only need time and we maybe understand that the bitcoin is the most amazing currency ever.

m.mendoza

full member

Activity: 321

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Quote from: FlightyPouch on June 25, 2018, 09:53:38 PM

I don't think they see Bitcoin as a new currency but what they might be referring in this photo is not about the evolution of money since trading is not here but the evolution of payment system that starts using the common ones, paying money then it evolved on using cards and now which we can use mobile phone applications and obviously Bitcoin.

For me, a currency is something that can be used widely to trade with other people in form of paper or digital numbers. the evolution of money and the new evolved money is the bitcoin. And when the time goes by, bitcoin will be used by many people.
Something that you can buy or trade in for goods and services. Something that can use to pay bills and can be use to invest and make profit in different ways.

Chachacoin17

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Quote from: adzino on July 05, 2018, 06:14:46 PM

It is already considered as a currency by most of the people in the world. The IMF will also start considering bitcoin and other usable crypto currencies as currency eventually. This is inevitable and is bound to happen no matter what. But right now we are using crypto currency to make profit instead of using it as a traditional currency. So as usual when we think of crypto currency, profit comes to our mind.

For me the profit is the secondary thing on my mind when it comes to cryptocurrency, because generally its a virtual type of money and it gave us an easier ways of handling our funds. If we used it for the digital payment system, then earning profit was just based on holding your bitcoins for us to earn returns when it increases its value.

keeee

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Quote from: jpespa on July 04, 2018, 09:44:28 PM

What comes to my mind is when I think of currency is work because currency talks about money and you gain money by working

Yes, I always think work because you cant earn any type of currency without working. Also I think that it was the key that will help me in my financial need. There was a great development that was happening in our money now. From a literal to bank and now to internet. Hopefully bitcoin will be accepted all over the world as a rule of payment.

Topic: When you think of currency what will come to your mind? - page 26. (Read 3910 times)