Topic: Will bitcoin be the currency of the future? (Read 520 times)
In my own opinion, due to its limited supply of bitcoin, we can't make sure that it will be the currency of the future and will replace the fiat money, but i am sure that the world will consider using cryptocurrency as payment system.
We all know that bitcoin is a virtual cryptocurrency and the price would be the factor to think others that bitcoin is very similar to any currency up to now. It is possible to use only the same, but in a reality there is a difference in the different ways in which it is used.
And we all know also that bitcoin was only number one in the market for now and i think it will be still number one in the market.And it will be similar but they have also a different just like the price of bitcoin and how popular it is.
I think so. Bitcoin has become one of the most influential currencies in recent time around the world. People are becoming familiar with this platform day by day, Not only that but also Bitcoin and blockchain system is getting accepted by the people because of the unique facilities. Blockchain system is becoming popular for its outstanding opportunity for making and saving money on this platform for a time being.
Bitcoin provides an inescapable database for the age of artificial intelligence. Bitcoin, a challenge to the haphazard distribution of wealth, has challenged all wealth hegemony. He fulfilled the promise of equality before wealth and broke the existing law of distribution of wealth. The hope of the future development of the currency has been seen, and the people have seen the hope of solving the financial crisis. Digital standard currency, regional chain standard currency era, it has become a world currency unified solid bridge, it will break the wealth create monopoly power, long time, any money before it is fragile, what is the gold standard and silver standard, dollars are rubbish, who is the next monetary unification the rookie of The Times, the replacement of main currency will evolve?
Well, for me bitcoin may be the currency of the country but i know that our ancestors will feel bad about it. But if it's heloing a lot of people. It may give them eagerness to push this thia forward and be known.
BTC will not be a currency of the future as long as there is altcoin always a competitor with more complex features
Bitcoin, seems to have total rebranding by offering new features and services to attract the public
Bitcoin, seems to have total rebranding by offering new features and services to attract the public
Bitcoin is the first crypto currency started in the year 2009 because of it special features such as a decentralized one which maintains the anonymity and all transactions are recorded in an electronic ledger with the block chain technology..by understanding such features the global business people, the rich investors and the new generation computer and software experts were attracted to bitcoin and they started to utilize the merits of it.In such a way bitcoin become popular in the market and more people are attracted to it for the investment,and day trading to make money. Bitcoins market capital value is very high and the traded volume also very high and very shortly bitcoin will become a global currency.
We can not tell and maybe there will be time comes when bitcoin will be the currency of the future , this is not far to happen especially when there is a demand of customers and the people around the digital world and even the outside world of the cryptos.
Well, that is the purpose of creating bitcoin in the first place, to replace the conventional fiat currency. If everyone will start to believe in bitcoin and see its potential, there'sno doubt that bitcoin will be the futeure of currency.
It is a yes because technology will continue to evolve everyday and we adopt on it, office paper work are constantly eliminated and maybe in the future we all using this bitcoin as world currency that maybe fiat will be eliminated to, just we see on movies that they didn't use paper money anymore because of technology.
Bitcoin provides an inescapable database for the age of artificial intelligence. Bitcoin, a challenge to the haphazard distribution of wealth, has challenged all wealth hegemony. He fulfilled the promise of equality before wealth and broke the existing law of distribution of wealth. The hope of the future development of the currency has been seen, and the people have seen the hope of solving the financial crisis. Digital standard currency, regional chain standard currency era, it has become a world currency unified solid bridge, it will break the wealth create monopoly power, long time, any money before it is fragile, what is the gold standard and silver standard, dollars are rubbish, who is the next monetary unification the rookie of The Times, the replacement of main currency will evolve?
As currency for an investment i say yes but for the main spending i think it is impossible because not all people will know how Bitcoin will work specially the poor because education is vital to learn the Bitcoin process and also we need the power of the internet to be accessible in all over the world in which some countries are in difficult to achieve the advancement of technology specially the 3rd world countries. So i think it will need a lot of time to make it possible to be the world main currency.
Maybe yes or maybe not, there are still lots of hindering factors to make this in the future for example the machine to be use in payments for small businesses like those reatailers who sells like a stick of cigar., we cant deny the fact that we still need each countries currency because it is the method already use by many people for a long time ago and now even kids 3-5 years old knows how to buy using the fiat currency.
BTC encryption, such as digital currency is a beneficial attempt for future monetary system, but any monetary system must first with the first stage of human adapt to productivity, technology, cultural level is feasible. Under the existing centralized production, centralized administrative human productivity and superstructure system. There are still many hard questions about the widespread use of distributed money as a currency. As an asset, bitcoin has to deal with a serious bubble, and other COINS have to deal with its fundamental problems. If the solution cannot be solved through better technical design, the cryptographic coin will have no future.
Yes it could be, the wide acceptance of the community signifies that it have a good future. Bitcoin creation and its used are really a big help for everyone especially for the people that have too much load of works and to minimize it time spend in making payments. We became more productive of having these. But it is not mean that it will wipe out fiat money, it is just another option either.
Bitcoin the currency of the future? You mean bitcoin will be the main currency? I don't think it will happen in the future, because we know that bitcoin is the first digital currency that a huge value and many people are changed life from the financial but there's places bitcoin are prohibited and in my opinion it will not.
I think there is much possibility that bitcoin will be the currency of the future, it don't will change the money importance but many company will accept bitcoin and there will be always more transaction with this.
I believe in that, internet payments are inevitable, the use of Bitcoin or Altcoin will certainly happen! But need more time to develop and apply!
It’s most likely to occur in the future. As far as we know that bitcoin or any other coins in crypto market is created by computer technology, especially we all know that IT is playing an important role in daily life, maybe all of us would be hard to live without it. Cryptocurrency becomes more popular in most parts of the world and actually the demand of using bitcoin is getting increased day by day. Thus there is no doubt that bitcoin can become a currency of the future. Technology and venture capialist investor James Altucher said the bitcoin will continue to grow. Bitcoin and cryptocurrency or other digital currencies will be considered to replace paper money as a currency for transactions. According to Altucher, the public has made several currency changes in history. First gold replaces barter system as a transaction tool, then paper money replaces gold as a tool of value storage. Then, bitcoin and other cryptocurrencies will replace the paper money as a transaction tool.
I strongly agree on your opinion that, technology and venture capialist investor James Altucher said the bitcoin will continue to grow and bitcoin and cryptocurrency or other digital currencies will be considered to replace paper money as a currency for transactions. And adding also my opinion that, Bitcoin has become one of the most influential currencies in recent time around the world, people are becoming familiar with this platform day by day, Not only that but also Bitcoin and blockchain system is getting accepted by the people because of the unique facilities. In addition currently bitcoin is considered to be a valuable coin, But it has not become the official currency in the world. On the otherhand, this currency has not been used so widely around the world and fiat money is always more convenient than bitcoin.
in the future? I think the possibility of bitcoin to be a currency in the future because many parties are interested in it. Some companies are already using bitcoin to make a sale and purchase transactions or trade.
Even the German state has also acknowledged and use bitcoin to trade transactions. Maybe we can see the results of the next few years whether bitcoin will be used as currency or not.
Even the German state has also acknowledged and use bitcoin to trade transactions. Maybe we can see the results of the next few years whether bitcoin will be used as currency or not.
I think bitcoin can change the future, although the market seems to be declining due to the decline in prices during this period but the number of bitcoin usage is increasing, and it is very useful For everyone, I firmly believe that bitcoin has a great power and popularity for the future.
You are asking if Bitcoin will be your future currency. I can ask you; Have not you been more? Big money representing Bitcoin, Blockchain technology and the Crypto money market is right now. More money than the annual income of many countries on the earth is now on the market. According to Coinmarketcap, Bitcoin and crypto money market is growing slowly and fluctuately. Although the market seems to be declining due to period price declines, the awareness of each Bitcoin and the number of participants are increasing day by day. Bitcoin and some crypto parables will be very valuable in the future, but already they are very valuable ...
Jump to: