Topic: Will Bitcoin ever be so popular like real money ?? - page 5. (Read 804 times)
Money is only instrument to value our human needs. Its can be valuable if there is consensus to use some instrument, including bitcoin. So, if we read the bitcoin whitepaper and changing our existing money systems, that will be happened that bitcoin will become the legal instrument like our fiat money. Just see what happen in japan.
Stats indicate that close to 100 million people use Bitcoin right now. And that figure is more than the user-base of many major fiat currencies such as the Sri Lankan Rupee, Malaysian Ringgit or the Burmese Kyat. So it is already more popular than many of the fiat currencies.
That figure is debatable but even if it's true, that's just around 1.5% of world population.
The major currencies like dollar, euro, rubble etc. are much much more present and used at the world market.
Stats indicate that close to 100 million people use Bitcoin right now. And that figure is more than the user-base of many major fiat currencies such as the Sri Lankan Rupee, Malaysian Ringgit or the Burmese Kyat. So it is already more popular than many of the fiat currencies.
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
I think yes. Bitcoin can be more popular than real money. Where I live, the media has promoted bitcoin on television or in newspapers. So many old people and children know about electronic money
This may actually happen in the future if there is a charge adjustment and there are new forms of payment with bitcoin and more transaction speed. I believe that electronic money is very popular in the future along with its technology. It will make life easier in making payments much safer.
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
because maybe bitcoin is money really because you get a bitcoin fee so much likes bitcoin we do not even know it's literally bitcoin it's the way for us to earn real money.
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
At present, about 70% of the world population knows about bitcoin. I think that with the development of modern media in the world is very likely in 2019; bitcoin will be more popular than cash.
bitcoin already popular but usage is something else, real money is not just popular but it's been used worldwide. It hard to tell but i don't think it will be as popular as fiat.
Make sure the market place has different verities of products that CAN be sold This way buyers can guarantee that it works bitcoin has already increased the use of real money as off now lot of people trading !!
If we answer this question based on today's realities, such an answer is obvious No. It could happen, but it requires the fulfillment of many conditions , for example :
1)the cryptocurrency should gradually spread among a larger owners number.
2)the value of the cryptocurrency should stabilize.
3)a large number of people should believe in the cryptocurrency.
4) a regulatory system should be introduced.
A very well analysis mate for this is a true and a reality of the situation of the cryptocurrencies in our society today. It is too hard for bitcoin to be compared by the paper money that was implemented in every nation because they have a different significance in the society. Well, we'll always hope for the goodness and a positive future of bitcoin in the next year. 1)the cryptocurrency should gradually spread among a larger owners number.
2)the value of the cryptocurrency should stabilize.
3)a large number of people should believe in the cryptocurrency.
4) a regulatory system should be introduced.
Bitcoin and hard cash are popular in their own territory, as of now. Bitcoin being the currency of the internet, is the most popular coins in the internet while hard cash is the currency we are currently using in our everyday life. For now, because we are in the early stage of adopting cryptocurrency in our everyday life, hard cash is still the popular currency we use but there will come a time that Bitcoin will also as popular as the hard cash or maybe more popular because more and more people are learning about Bitcoin.
but now fewer people know about bitcoin and but if people know all this it will definitely use digital money and will beat the money in the real world.
I quite dont understand your question, are you asking if bitcoin can increase the use of real money? If that is your question and by definition of real money, are you also talking about fiat money?
Personally I think bitcoin has already increased the use of "real money" because a lot of people trade in their real money with bitcoin and vice versa. Especially in countries wherein they do not accept bitcoin yet but bitcoin can be converted to your own local money.
Personally I think bitcoin has already increased the use of "real money" because a lot of people trade in their real money with bitcoin and vice versa. Especially in countries wherein they do not accept bitcoin yet but bitcoin can be converted to your own local money.
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
This is very possible that bitcoin is very popular like real money since this is a digital in nature and we are also using digital money like debit card and credit card so this will not surprising on us if this will be happen in the future.
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
This thought has been put forth many times but it doesn’t seem to be possible for many reasons. The prime reason analyst says is that, bitcoin is very volatile and thus it can not be used as the fiat currency form.
Bitcoin is basically a crypto currency and it can be transacted over the virtual protocol and hue bringing it to the real life will need extra hands too. Everything is complex with it when it comes to the use of real world.
May be it will face lots of challenges.
Its actually happening now. The world market is somehow shaken of the coming of bitcoin. In terms of popularity bitcoin for now has just started so probably almost everyone are into the real money. As I've said bitcoin had already announce to all about its digital age and definitely this year and the years to come its as popular as our real money.
With the development of the speed of the current technology 4.0, bitcoin was born and meet the trend of the times. Bitcoin is a valuable currency but it is not yet widely used as real money. I hope the future of money is also seen as real money.
It might happen but not really soon, as compared to fiat money, Bitcoin is technically better, fast and more secure but it's way too volatile because of big players manipulating the market. With that much volatile nature it's difficult to replace the fiat and also most people still don't feel safe with BTC as compared to traditional money but anything can happen, we can't tell the future.
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
Oh yeah buddy it sure will.
But we'll have to wait to be mass adopted by the people. Only 1% of the population trades with crypto.
it is still a speculation and prediction in some time to come, now crypto can be calculated in the world. crypto much used as a means of payment used in some countries, but if you have to compete with money I think bitcoin will still be in trouble because money is still the most popular and still be one of the best transaction tool in the world.
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