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Topic: Will bitcoin be the currency of our future? - page 7. (Read 2263 times)

hero member
Activity: 1190
Merit: 534
November 14, 2018, 08:09:10 AM
Bitcoin and cryptocurrency would definitely be one of the prime payment systems in the coming decades but it is not going to destroy the traditional payment system which is based on Fiat currencies. The prime factor for cryptocurrency is literacy rate which is not impressive on a global level especially when it comes to technology and hence it won't be replacing fiat system at all.
hero member
Activity: 1302
Merit: 503
November 14, 2018, 07:59:24 AM
Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?
Yes but not the main currency, government still need to have national currency to become one of instruments to control country economy. Bank and national currency has to still exist because  industries need capital from people who save their money in bank.
- I do not believe in what you say, bitcoin will not be able to become our currency in the future because as you say, the government can not control it and of course, they will not guarantee the safety of users, users face risks or problems, they will not be able to get help from the government and that will make people stop the idea of using it as a currency, too risky. In addition, the value of bitcoin is not fixed, most people here just feel it is suitable for investment, using it as currency only wastes its special features
newbie
Activity: 98
Merit: 0
November 14, 2018, 07:58:50 AM
There are many places in the world where you can pay with bitcoins. I believe that we are gradually moving towards it.
I think in future bitcoin can be an important and will be another currency.
newbie
Activity: 28
Merit: 0
November 14, 2018, 07:51:27 AM
It's funny how I just responded to a similar question. The other one was asking if bitcoin will become the universal currency just because they are being accepted for school donations and now, bitcoin will be the currency of the future just because an online pizza store is accepting it.

My friend, there is so much more qualifications needed for a currency to be declared the currency of the future pretty much how USD has acquired this position over the past decades. First of all, everyone as in every single individual in this planet needs to know what bitcoin is all about. Are we even close to that? I doubt it. This among many other qualifications my friend are what I'm talking about.
newbie
Activity: 42
Merit: 0
November 14, 2018, 06:19:28 AM
Btc will be the currency of the future. However, no one guarantees that that future will be bright, decentralized and anonymous for an average btc holder.
full member
Activity: 405
Merit: 105
November 14, 2018, 05:36:48 AM
Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?

Although bitcoin or other cryptocurrency aren't still accepted by the governments and still fighting by the banks, we cannot deny the fact that it is still growing very fast and positively. I like the idea that you can purchase goods in just having coins. It is more easier than going to the physical store so I believe that bitcoin and cryptocurrency will be the future currency of ours.
legendary
Activity: 1904
Merit: 1000
November 14, 2018, 02:58:58 AM
Stability is a factor needed for currency. While bitcoin is too volatile, I don't think it can be the future of our currency. Indeed, digital currencies can be the future but it will be difficult for crypto, especially bitcoin to be one of them.
hero member
Activity: 784
Merit: 500
November 14, 2018, 02:58:29 AM
Recent complaints about large amounts of electricity, as well as the environmental pollution of bitcoin mining. Bitcoin needs to improve on these issues so it is possible that the future will be widely accepted and become one of the major currencies.
I don't know, but currently bitcoin is still often used as a transaction tool on the internet. it has even become a digital currency. however, to be a currency in a country, I think that is quite a difficult thing to happen. especially in countries that already have their own fiat.
I'm sure in the future Bitcoin will become a currency which admitted it by all the country. Now that has not happened because there are still many people who haven't knowledge   about it, So making it difficult to set Bitcoin as currency in a country.
newbie
Activity: 40
Merit: 0
November 14, 2018, 02:34:57 AM
I think yes...bitcoin is father of crypto and has best value in market so there are many reasons it can be a future currency.
sr. member
Activity: 574
Merit: 250
November 14, 2018, 01:57:17 AM
yes. bitcoin and altcoin will become currencies in the future. and currently bitcoin and altcoin have become the first digital currencies that have been circulating in all countries. but the existence of bitcoin and altcoin is not a digital currency used to transact but rather becomes a commodity of trade and futures investment. to become a legitimate digital currency, rules and legality are needed from each country.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
November 14, 2018, 01:56:31 AM
Recent complaints about large amounts of electricity, as well as the environmental pollution of bitcoin mining. Bitcoin needs to improve on these issues so it is possible that the future will be widely accepted and become one of the major currencies.
I don't know, but currently bitcoin is still often used as a transaction tool on the internet. it has even become a digital currency. however, to be a currency in a country, I think that is quite a difficult thing to happen. especially in countries that already have their own fiat.
member
Activity: 294
Merit: 10
November 14, 2018, 01:54:10 AM
Recent complaints about large amounts of electricity, as well as the environmental pollution of bitcoin mining. Bitcoin needs to improve on these issues so it is possible that the future will be widely accepted and become one of the major currencies.
newbie
Activity: 18
Merit: 0
November 14, 2018, 01:52:01 AM
Hi

 BTC can be the currency of the future. In my mind I think it need be popular in the market like for using businesses, partnerships.
jr. member
Activity: 490
Merit: 7
November 14, 2018, 01:46:56 AM
if we discuss about the future bitcoin opportunities to become the world currency, this can happen. but not in the near future even though you say in the area you have bought and sold pizza with coins online. because in other regions this transaction is still very foreign to them. so in my opinion this takes a long time
brand new
Activity: 0
Merit: 0
November 14, 2018, 01:29:07 AM
That is not clear, at least in the near future. Electronic money in general (including Bitcoin of course) is not supported by governments around the world, which continues to support their fiat currencies. In addition, banks continue to fight against electronic money now.
newbie
Activity: 28
Merit: 0
November 14, 2018, 01:44:31 AM
It can happen that bitcoin will be the currency of the future seeing the growth of cryptocurrencies and bitcoin in particular.
full member
Activity: 477
Merit: 100
November 14, 2018, 01:28:20 AM
Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?
Yes but not the main currency, government still need to have national currency to become one of instruments to control country economy. Bank and national currency has to still exist because  industries need capital from people who save their money in bank.
newbie
Activity: 35
Merit: 0
November 14, 2018, 01:22:36 AM
When you say the currency of the future, does it mean it will make the fiat obsolete? Again, I did not see it happen though, perhaps bitcoin would be widely accepted as an online payment medium or you could even buy something in a grocery store or pizza place. Your suggestion for that matter
hero member
Activity: 2604
Merit: 816
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November 14, 2018, 01:19:57 AM
Although it's possible, I guess it will not easy to be the next currency in the future because we need approval from the government and even from all of the government. Besides that, we need to see the mass adoption can reach all people, so they know about bitcoin and the other coins, and they want to use bitcoin. And when this is happening, then we might have seen the bitcoin will be the new currency for all country, but I think we need more time to see this is happening.
legendary
Activity: 1414
Merit: 1002
= jasad =
November 12, 2018, 05:41:47 AM
Hey,

I have been investing in some btc recently and i have seen that in my country i can pay for example in a pizza restaurant (when i order online) with online coins.
Do you think that btc will become the future currency of our world?


We have discussed this from the first bitcoin was created, but again the fact says, bitcoin is not legal in the whole world. this is the real problem.
I don't do FUD, but we really need more time to make crypto as a transaction tool in the future especially for bitcoin.
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