Where Will The Digital Economy Take Us? - page 8.

malikusama

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

As this (blockchain) is all about cryptocurrencies so everything is possible in next 50 years, we can also expect what is unexpected like something bad or best because cryptos are unpredictable. BTW what i am observing may be in next 50 years digital currencies will be used as national currencies, and we will see some cleanup of useless cryptos and some major corrections of leading coins like BTC. The king will remain the same (i.e BTC) and many other modifications are also expected over network.

surfinonmyownwavebaby

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

Blockchain will massively revolution the way we live our daily lives now. How the internet has changed the way we communicate, blockchain will transform several industry in real life beginning with finance of course. How many industries get revolutionized I don't know but it will very much change the foundation of how we live today.

darthmaul

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

The 50 years is really long journey for the bitcoin and if bitcoin is still available a that time then it will surely have the recognition by the big private industries, government sectors and autonomous sectors for sure. This will already revolutionaries the bitcoin and other crypto currency use. The prices would be unimaginable at this point because we don’t know how government will impact the same if they starts enrolling into it. It could go centralised and thus making its value stuck at one point or other.

Besides this it may get or may not get a physical presence by some digital means. As we are speaking about it after 50 years from now. Its not completely true but we can trust in facts.

sclmte

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

This kind of circumstances is very hard to predict. It's really exciting but quite thrilling part. A lot of people prophesied telling that bitcoin will become the next digital money. Who knows, maybe.
But I do hope more countries will be joining us and legalized bitcoin so more people can reap all the benefits from bitcoin.

sukamasoto

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I think government will try to take over bitcoin since their popularity getting high from time to time.

In this digital era, everything will change into digital transaction and IMO , bitcoin is the best currency that fit and proper for being use as transaction just like fiat !

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

If I had an ability to go time travel to see what happen in the future I do.lol.
We don't know exactly what will happen in the future about blockchain maybe at that time many modern technologies emerged using by internet connection and blockchain will commonly used by the people. But who knows this is only my prediction about blockchain.

Swenna

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

Based on what I have seen so far, I can see that blockchain technology has a great future ahead. Global awareness with regards to digital economy is slowly increasing which is good. But who knows, nobody can tell for sure.

Kokoy

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

Well being inside of the digital currency maybe for the next few years will be productive if the government as well as the users can maintain the balance , what I am trying is balance in using it and the preservation of the transaction with cash or paper money, cause we cannot surVive if cashless society will be implemented.

reflector

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Quote from: khaled0111 on November 28, 2017, 09:52:54 AM

I heard someone saying that blockchain will do for payments what email did for communication, I believe that this is 100% true.
Being totally transparent and offering the possibility to create smart contracts, Blockchain will change the financial world and it is definitely not a fad.
I found this article speaking about blockchain future: https://www.shapingtomorrow.com/home/alert/665529-Future-of--Blockchain
The author believe that central banks will adopt blockchain technology.

Cashless transactions are also moving us forward to have the fiat without in our hand and moving the payments with the third party payment widgets. This is how corporates plans to steel our money in different way. Even every retail merchants will be find many issues with this move.
But bitcoin erase these corporates plan with its technology. None of the middle man don't need when we are transfering the money to one place to another. Even you do it with your country or international transactions both will goes with the same fees. This is how bitcoin turns the economy best in the world.

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khaled0111

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I heard someone saying that blockchain will do for payments what email did for communication, I believe that this is 100% true.
Being totally transparent and offering the possibility to create smart contracts, Blockchain will change the financial world and it is definitely not a fad.
I found this article speaking about blockchain future: https://www.shapingtomorrow.com/home/alert/665529-Future-of--Blockchain
The author believe that central banks will adopt blockchain technology.

Bitcoinjheta

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Quote from: MarioLuck990 on November 28, 2017, 03:34:41 AM

I think no more than 10 year MAX, Fiat currency is failing and digital must replace it. Ethereum , NEO etc can create the new economic system via Tokens, a token economy is near.

It will take us to more years to celebrate with the digital currency having a huge increase of value on it. 50 years would be much improvement happend. Many innovation of platform would developed and also with the blockchain.

MarioLuck990

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I think no more than 10 year MAX, Fiat currency is failing and digital must replace it. Ethereum , NEO etc can create the new economic system via Tokens, a token economy is near.

hydeevanz

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

No one knows what will happen to the Blockchain technology in the next 50 years because we are all just predicting what might happen in the future. It's just like predicting what would be the price by the end of this year and this coming year 2018 which is common to us to spread rumours from the article that we read.

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Quote from: MickeyT2008 on November 26, 2017, 11:22:12 AM

We dont even know what is going to happen tomorrow, and you want us to tell you when bitcoin and digital currencies like bitcoin are going to take over all the system?

Digital currencies will take over the economy one day. However that day may be long from today and it will also need a lot of work from the governments. Not necessarily legalizing crypto but they must understand that fiat has got nowhere to go.

Quote

It is impossible, maybe not at this moment, but we all are going to see a huge advance about money and how does it works in a few months from now, or maybe in years.

Huge advances in money may not be the right way to describe it, rather huge advances in economies is what is going to happen.

Quote

But yes, the whole system is changing right now, and a lot of banks are now adapting themselves to bitcoin and all the other cryptocurrencies, because it is needed.

Where exactly did you get this news from? There are many crypto banks that are emerging but traditional banks are still a long way from accepting blockchain technology.

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

Actually now a days everything is going digital an every this is going so easy and life is becoming so facilitate from this modern technology and bitcoin is also one of the example of this bitcoin want to make life easy because bitcoin is very fast in transitions and its price is also very high so bitcoin want to carry us with this modern technology because world is going so fast and currency is also become digital so this combination can help us in our life.

elegion

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

I've read many codes throughout the years and have seen different Blockchains start and stop from lack of use. And from those I've seen survive I've seen evolve over time. The next 50 years will be an act of Moore's Law of accelerated returns, an evolution of Blockchain through the addition of new technology
added to the code, just like the Internet of the 90's Blockchain will also Fail to scale and it will scale again with the addition of that which has not even been invented yet.

This is a very exciting time to be a live.

13abyknight

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Blockchain technology could be considered as the crown of the current digital era. A digital ledger keeping account of every single transaction happening and using computer power for the proof of it just pushed the governments around the world to open their eyes and look at digitisation from another perspective.
With many banks from different countries across the globe implementing blockchain technology for some of their functions, this lays foundation for research and development through which we could maybe achieve even more of an efficient system in the coming years.

sudeepsinha

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Digital money is leading us to the future that we don't use paper money for our payment anymore but it's gonna be a long road.

Dontme

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Quote from: 50ouncebrew on November 26, 2017, 03:18:51 AM

What will happen with Blockchain technology in the next 50 years?

We don't know what will become in the future. Remember that we are only humans even how many predictions about bitcoin we will still stick in the present. We are still stict in th bitcoin present's strength.

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