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Topic: Why Bitcoin is the best future currency? (Read 15940 times)

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legendary
Activity: 1134
Merit: 1000
January 14, 2017, 05:07:49 PM
Still we cant say anything about it. Many government are banning bitcoin and so how could we be sure that it's going to be the best future currency. Well for some currency bitcoin is will stand as model and bitcoin will play best role in some countries
i do not think that governments are banning bitcoin, i think they have still not given any statement about bitcoin, but one think is clear that in the modern time when people are giving preference to online shopping and trading therefore government have to think about the future of fiat and they will also start thinking about online currency.
The only problem for the government to not accept bitcoin is that their state banks allow only those payment systems which will have income proof and which will not have anonymous transaction. If this problem is solved for the governments then it is not hard for the governments to adopt bitcoin.
but i think government s can find out solution for that but if once they decide to legalize bitcoin. i think governments must have start thinking about that and they will take serious step about bitcoin according the wishes of their people.
hero member
Activity: 966
Merit: 517
January 14, 2017, 11:19:12 AM
Still we cant say anything about it. Many government are banning bitcoin and so how could we be sure that it's going to be the best future currency. Well for some currency bitcoin is will stand as model and bitcoin will play best role in some countries
i do not think that governments are banning bitcoin, i think they have still not given any statement about bitcoin, but one think is clear that in the modern time when people are giving preference to online shopping and trading therefore government have to think about the future of fiat and they will also start thinking about online currency.
The only problem for the government to not accept bitcoin is that their state banks allow only those payment systems which will have income proof and which will not have anonymous transaction. If this problem is solved for the governments then it is not hard for the governments to adopt bitcoin.
sr. member
Activity: 1316
Merit: 356
January 14, 2017, 09:36:31 AM
As we can see , bitcoin is the best future currency now. Compare to other currency bitcoin has the biggest value in the world. If you could see in the trading bitcoin is the best of all. It is known by all users or beginners in this forum. It is used also by invest company cause like what I said bitcoin is the best.
sr. member
Activity: 378
Merit: 250
January 14, 2017, 08:44:02 AM
Why ?

There are many reasons. Here is list of some important reasons which make bitcoin as future currency -

1 ) Bitcoins is anonymous currency
2 ) Bitcoin is decentralized currency
3 ) Bitcoin is digital currency
4 ) Bitcoin is virtual currency
5 ) Bitcoin is open source
6 ) Bitcoin is safe and secure
7 ) Bitcoin have own protocol
8 ) Bitcoin is peer to peer currency
9 ) Bitcoin is transparent
10 ) Bitcoin wallet just need computer with internet to access
11 ) Bitcoin supply is limited
12 ) And last popularity and demand of Bitcoin is increasing exponentially.

i think for this reasons, i will choose the best methods that will work for all people which is to make money and i think this is why that the most people which use bitcoin is agree that bitcoin is the best future currency.
yes these are the very solid reasons for bitcoins to become the best future currency. to me that is also a solid reason that people interested for online business is increasing from time to time and the process is becoming more simplest by bitcoin.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 14, 2017, 02:18:11 AM
Why ?

There are many reasons. Here is list of some important reasons which make bitcoin as future currency -

1 ) Bitcoins is anonymous currency
2 ) Bitcoin is decentralized currency
3 ) Bitcoin is digital currency
4 ) Bitcoin is virtual currency
5 ) Bitcoin is open source
6 ) Bitcoin is safe and secure
7 ) Bitcoin have own protocol
8 ) Bitcoin is peer to peer currency
9 ) Bitcoin is transparent
10 ) Bitcoin wallet just need computer with internet to access
11 ) Bitcoin supply is limited
12 ) And last popularity and demand of Bitcoin is increasing exponentially.

i think for this reasons, i will choose the best methods that will work for all people which is to make money and i think this is why that the most people which use bitcoin is agree that bitcoin is the best future currency.
hero member
Activity: 532
Merit: 500
January 14, 2017, 01:35:21 AM
Still we cant say anything about it. Many government are banning bitcoin and so how could we be sure that it's going to be the best future currency. Well for some currency bitcoin is will stand as model and bitcoin will play best role in some countries
i do not think that governments are banning bitcoin, i think they have still not given any statement about bitcoin, but one think is clear that in the modern time when people are giving preference to online shopping and trading therefore government have to think about the future of fiat and they will also start thinking about online currency.
sr. member
Activity: 462
Merit: 250
January 13, 2017, 06:40:23 PM
Still we cant say anything about it. Many government are banning bitcoin and so how could we be sure that it's going to be the best future currency. Well for some currency bitcoin is will stand as model and bitcoin will play best role in some countries
but to me i think bitcoin is really the future currency because people are now giving preference to online shopping and they can use bitcoin for this purpose very easily therefor we can consider bitcoin as the currency of the future.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
January 13, 2017, 02:43:23 PM
Two reasons: mathematically guaranteed inflation rate, and distant p2p transactions with no middle man.

hero member
Activity: 882
Merit: 500
January 13, 2017, 12:04:20 PM
Still we cant say anything about it. Many government are banning bitcoin and so how could we be sure that it's going to be the best future currency. Well for some currency bitcoin is will stand as model and bitcoin will play best role in some countries
full member
Activity: 182
Merit: 100
January 13, 2017, 12:02:35 PM
The best reasons are:
No physical currency involve!

One of the biggest advantages of Bitcoin is that it has low fee values for money transfer. However, if the fee to be paid in the future increases too much, it may not be preferred.


There is so much more then this.   I can think of a ton of digital currency that does not need to be physical... that is utter crap.  There are a ton of pump/dump alt coins out there.  I would not touch them.

Bitcoin is currently and has been like the gold of crypto currency.  It holds the most value, has the most companies going after it.  There is value behind it.  I think the value is what set's it apart.

If Bitcoin is only good because it "holds the most value", then that doesn't make it seem good.  You can theoretically pump some shitty P&D coin to the value of Bitcoin right now, does that make it any better?  Of course not, but people just see the price tags of something and automatically thinks it's better because it's a higher price.

Same thing happens in capitalism in general.  For instance some teenage girl goes to the mall and sees a fancy "name brand" purse that cost $1K, then her mom redirects her to another off brand version that only cost $20... The girl is always going to go toward the $1K purse because it's So-and-so's name brand... Does that make that purse better? Hell no, it's just a way of making the same product look better.

I see the same thing happening with bitcoin right now.

This metaphor for bitcoin is not correct for me. Think of two products with the same features. One of these is popular. The other product is an unknown brand name. When we look at the quality of products can be the same. The reason for selling the expensive product here is that it can be marketed well.

But there is no similarity in the currencies we use in real life with bitcoin. There is much more innovation that bitcoin offers to people.
hero member
Activity: 840
Merit: 500
January 13, 2017, 11:58:21 AM
Many other crypto currencies appeared after bitcoin with the idea to repeat it's success, and many new will appear. But I doubt they could manage it. Bitcoin is the greatest and strongest for now and other crypto just have no chance with it.
Yes bitcoin is proof it self. Even if we compare it with fiat, bitcoin is still better. Long distance money transferring is practicaly and do not need long time. Of course it will help business activity really much.
yes that is a fact but i think still bitcoin need a good introduction because majority of people still do not know about bitcoin actually people need awareness about bitcoin because they still do not know about bitcoin.
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale
January 13, 2017, 09:15:30 AM
IG nows why as well

https://www.youtube.com/watch?v=UETWxR8lbEU

Good stuff!
hero member
Activity: 1568
Merit: 502
January 10, 2017, 09:22:43 AM
Why ?

There are many reasons. Here is list of some important reasons which make bitcoin as future currency -

1 ) Bitcoins is anonymous currency
2 ) Bitcoin is decentralized currency
3 ) Bitcoin is digital currency
4 ) Bitcoin is virtual currency
5 ) Bitcoin is open source
6 ) Bitcoin is safe and secure
7 ) Bitcoin have own protocol
8 ) Bitcoin is peer to peer currency
9 ) Bitcoin is transparent
10 ) Bitcoin wallet just need computer with internet to access
11 ) Bitcoin supply is limited
12 ) And last popularity and demand of Bitcoin is increasing exponentially.
sr. member
Activity: 1274
Merit: 252
January 08, 2017, 12:23:34 AM
this simple question because bitcoin give more advantage to user, therefore much in demand and so the best currency
legendary
Activity: 1218
Merit: 1007
January 08, 2017, 12:08:34 AM
Bitcoin's real claim to fame is the fact that it is more decentralized than a majority of other countries' currencies, and because of the international nature and the ease of transaction across borders it makes it a fairly good candidate for managing an international trading currency system.

The issue is it still takes a long time to actually move funds between wallets if they aren't international, compared to conventional methods. That's going to be the big problem for the community to solve.
sr. member
Activity: 323
Merit: 250
January 07, 2017, 11:48:38 PM
Many other crypto currencies appeared after bitcoin with the idea to repeat it's success, and many new will appear. But I doubt they could manage it. Bitcoin is the greatest and strongest for now and other crypto just have no chance with it.
Yes bitcoin is proof it self. Even if we compare it with fiat, bitcoin is still better. Long distance money transferring is practicaly and do not need long time. Of course it will help business activity really much.

because the system bitcoin that allow its users then the number of coin is limited, so people will be vying for the bitcoin from now to the future, because it is likely the price of bitcoin will be extremely high at all remember the principle of economy increasingly scarce the price will rise, that is where our advantage already have bitcoin from now
sr. member
Activity: 364
Merit: 250
January 07, 2017, 09:27:43 PM
Many other crypto currencies appeared after bitcoin with the idea to repeat it's success, and many new will appear. But I doubt they could manage it. Bitcoin is the greatest and strongest for now and other crypto just have no chance with it.
Yes bitcoin is proof it self. Even if we compare it with fiat, bitcoin is still better. Long distance money transferring is practicaly and do not need long time. Of course it will help business activity really much.
sr. member
Activity: 462
Merit: 250
January 07, 2017, 06:46:27 PM
I wont say it is the best. Still it has some flaws and that is part of being a currency if we are talking about that. I take it more as a commodity so I dont think much of making it as like fiat. There are still some things that are yet to be talked before this could be a real currency. I mean worldwide or nationwide.
bitcoin has several functions as an investment or currency, maybe now people prefer to use bitcoin as a commodity, because bitcoin proved that profitable, but I'm sure the future will be more people who will use bitcoin as a currency

currently people are using it as currency because the facilites of bitcoin being currency are still not available. but hope that like Brazil when the user of bitcoin will increase in our area then the shopkeepers will also accept bitcoin for hopping.
legendary
Activity: 1372
Merit: 1008
January 07, 2017, 03:48:48 PM
I wont say it is the best. Still it has some flaws and that is part of being a currency if we are talking about that. I take it more as a commodity so I dont think much of making it as like fiat. There are still some things that are yet to be talked before this could be a real currency. I mean worldwide or nationwide.
bitcoin has several functions as an investment or currency, maybe now people prefer to use bitcoin as a commodity, because bitcoin proved that profitable, but I'm sure the future will be more people who will use bitcoin as a currency
hero member
Activity: 1078
Merit: 514
January 05, 2017, 02:31:02 PM
Many other crypto currencies appeared after bitcoin with the idea to repeat it's success, and many new will appear. But I doubt they could manage it. Bitcoin is the greatest and strongest for now and other crypto just have no chance with it.
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