Topic: Will Bitcoin ever be so popular like real money ?? - page 9. (Read 804 times)
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.
I think bitcoin already enough popular than real money. Even me, I don't look for real money, Beacuse i know that Bitcoin is real money, precious more than gold. Bitcoin is growing gradually now, and maybe this time bitcoin price will be stable! If it happens then bitcoin will be far away from 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?
We use our money to purchase or buy what we need. And we can do that through physically trading our money with an items or do an online transaction depending on the establishment. Since Bitcoin is a digital money, online transaction is required for this. So it will be more popular if establishments will already adopt Bitcoin transactions. 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?
when connected to technological developments, the growing number of markets and online services, the use of bitcoin as real money can occur.
Real money just can be used in the real world, while digital money just can be used in the digital world. If someone made Bitcoin be a real money, it has to be very expensive because it took a long process by making a physical coin and somewhat code to integrate it to the physical coin.
Bitcoin can already be compared to real money. Cash is king and there is no doubt about it. Bitcoin and altcoins are alternative if someone does not want to carry physical money to buy something. Digital currency can be use to send money or transact with others electronically and it is very convenient.
It's hard to tell because some people got a bad judgement about Bitcoin and won't used it for payment, and Bitcoin just start to develop somit still need a lot of Fame and support, the one that going to boost the usage is the government's decision, if the government decide to regulate then it can increase the trust and in the long term people can accept BTC as the real money for payment
What is your definition of real money? Digital money does not mean no real money, because Sweden will soon introduce digital money as the official currency of the country and it will be clearly real money. So your question should be will bitcoin ever be so popular like the official money of a country. And I think yes it is only a question of time until crypto currencies will become as popular as the country's official currency.
I agree with you that real money can be in the form of stone or wood, as long as everyone agrees it as a means of payment, digital money is also real money, many advantages offered by digital money, I'm not surprised if Sweden will use digital money as their official currency , I hope other countries will follow Sweden's move.
It is only a matter of time that bitcoin will be accepted world wide, since there have been regulations taking over and that a lot of people are already aware that bitcoin is available and the interest seems to be going growing everyday, once bitcoin has been accepted by all countries, I see that there be a huge change with our current financial systems, people would rather choose to take care of their finances rsther than giving it to banks, since banks are always giving hidden fees in order to tske advantage of normal people, threy get tax breaks, and still get our money, once people realizes that bitcoin is decentralized and that you and only you need to manage your money, a lot of people will be financially free or at some point, equality to all, no rich, no poor.
I think bitcoin is gaining popularity day by day. There will be a point wherein people will consider bitcoin as an equal alternative for fiat money. Besides, I think bitcoin is a real money because you can use it buy and pay for things like a "real" money. The only difference is that its digital. Also there are countries who are already considering bitcoin as an alternative payment system.
now bitcoin is also very popular all over the world, because for our society bitcoin is also easy to use, because the salary is also very big compared to their office salary, so for them bitcoin is also very helpful for everyday needs, so I think bitcoin is also very popular as well very positive to make a profit.
I think bitcoin is valued more as gold than 'real money' as you call it. As for popularity, from an investment point of view, it is definitely as popular universally.
Well, if you have lots of Bitcoin, then your life maybe the best among all, i mean you can buy everything you want, and your life may be so meaningful. I do believe real money and bitcoin is just the same its just that bitcoin can be used everywhere and can be converted wherever country you maybe, unlike real money in your own country, can only be used in your own country. Bitcoin is more useful than real money in any sense, because you know, try to imaging, it is a worldwide acceptance and be converted whatever currencies you may be want.
Thats only my thought., my idea may be differ from the other users.
Thats only my thought., my idea may be differ from the other users.
As you can see. Only millions of wallets are created which means a small percentage of population are using Bitcoin whether it be for trading goods or for holding. I think Bitcoin is still in its early stage of adoption. Some countries are still observing Bitcoin whether it will be beneficial to them or not. But I think it will be popular because nowadays, some websites and companies are using Bitcoin and other cryptocurrency as way of payment to their services and goods.
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?
Of course, YES. That is the point of cryptocurrencies. Once more people adopt the use of these cryptocurrencies we will be living in a fairer world where there are no middlemen or banks that take huge cuts in our hard-earned money.
Everyday this adoption if growing, just take a look at Japan and how many of their establishments now accept bitcoin.
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?
It is entirely possible that in the next 20 years people will pay for the entire sale on the Internet. At that time not only Bitcoin but many other currencies will be born to serve the needs of everyone. And each profession will have a different currency. By that time the currency will not be under the control of the government anymore as it will be controlled by the trading needs of people around the world.
Actually bitcoin has beat the popularity the real money right now but can't replace the positition of the real money, you right, world can't without the real money because the digital money have much limitedness to could be use of all people. Not all the class of people can understand the progressing of the modernization right now.
Bitcoin is a pioneer of the technology and as an initial experiment has its limitations.
On the other hand the crypto and blockchain technology is improving and soon the world will embrace it as an alternative to fiat currency.
The authorities would issues such coins the way they issue fiat though they won't be on the form of notes and coins.
On the other hand the crypto and blockchain technology is improving and soon the world will embrace it as an alternative to fiat currency.
The authorities would issues such coins the way they issue fiat though they won't be on the form of notes and coins.
Thus high levels of Bitcoin volatility are influenced by news about government policies as well as other geopilitic events,so it's natural that there are people who are not very optimistic or very confident about the future of virtual money. we consider this a digital investment without having to replace conventional money.
I think they will be widespread, but BTC will not be as popular as cash because they have many restrictions on usage, machinery, technology ... etc and BTC is free. belong to any country, if put into the common currency each country has different differences. So it is difficult to price them for sale.
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