Bitcoin Forum

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?

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.

Replacing the primary forms of payment will definitely evolve. In my opinion, Bitcoin is just the first virtual currency created in this sense (https://cryptoorders.com/articles/big-next-cryptocurrency-next-bitcoin/), but it is not and will not remain the only virtual currency that will be used as an alternative payment to the usual model.

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.

Some countries like Japan, for example, allow bitcoin to be used as a means of payment (not as legal tender or legal currency). But if we go to Japan, just a few, not to say very little, the store is willing to accept payment with bitcoin. Especially in other countries, including Indonesia. In other words, payments using bitcoins are currently very rare.
I hope hopefully in the future bitcoin can be legal in indonesia.

the introduction of cryptocurrencies in the currency world is  very possible. as a matter of fact, even as of now few countries have already adapted this kind of payment though, it's too early to predict what might happen. but it'll be positive since many people are already into this kind of investment. this makes me into thinking that cryptocurrencies are the currency of the future.

i dont think so.

as soon as electricity becomes expensive, for any city holder that controlls his own currency bitcoin is like a free gift.

they will than release laws, like "free confiscation of any bitcoins in this city"

as soon as you try to pay with bitcoin then, people will betray you and sell the bitcoin to the city mayor.

regards

Bitcoin (https://coincodex.com/crypto/bitcoin/) has a limited supply. Meaning when people lose their private keys the supply will be actually decreasing meaning that it's a deflationary currency which is not good for buying selling stuff because if you hold it gains value :)

It more like digital gold, an investment that holds and increases in value over time. Ethereum (https://coincodex.com/crypto/ethereum/) has much higher chance to become the future currency. If most of the services will be built on top of Ethereum and people will use ETH to pay for those services, that would make sense.

In my opinion none of the above will be used as a currency, we need a stable coin that will keep the same value. I think the best one until now is Maker (https://coincodex.com/crypto/maker/).

Im new to bitcoin so correct me Im wrong.. if robots will be made to pay bills in the future..I think bitcoin will have the guts to replace our current currency.. Time will come that every people will learn about crypto and the blockchain technology so everything is possible with the development of the new technology..

I think so too. Bitcoin is not yet the world currency. But according to the momentum of development, bitcoin is very useful and is the choice of people in many transactions. It increasingly meets the needs of people as well as the development of modern economy. This is the basis for bitcoin to quickly become the world currency.

In the distant future it is. But like 5-10 years right now, there is a slight possibility for that...

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.
That's why Bitcoin has made a tremendous impact in the monetary world around the globe. In recent time, Twitter CEO said that Bitcoin will be the individual currency in the future.

At the moment we also see bitcoin as a currency. But this currency has not been used so widely around the world and fiat money is always more convenient than bitcoin.
But I think we should use bitcoin as a tool to transfer large amounts of money. We should not consider it cash because it takes a lot of time to move from bitcoin to cash. That is very inconvenient.

Currently bitcoin is considered to be a valuable coin. But it has not become the official currency in the world. Water is allowed to use, there is water forbidden to use. In the future, if all countries are technologically advanced, bitcoin may become the world's currency.

I hope Bitcoin will be acknowledged by all countries in this world and become popular in the eyes of the people, unfortunately in my own country Bitcoin has not been legal to be all circles have not known about Bitcoin. But I am very optimistic about the future Bitcoin will replace the paper money.

we will never know what will happen in this world, it is hard to predict if bitcoin will be the currency of the future. because bitcoin is a digital currency and bitcoin has just been created in 2009. people are more confident with the country's native currency because it has become a legitimate means of payment since time immemorial.

I am totally sure that it will be! Cryptocurrency is way better than fiat money, I hope that someday we will see rules changing.

There are not any altcoins that actually offer "faster" transaction times. There are many that offer fast block confirmation times, but this is not the same as faster transaction times. With bitcoin you can know with a good amount of certainty that a TX will confirm after only a few seconds.

You can also establish anonymity with bitcoin by simply using a mixer that does not keep logs.

Are not. I do not think that BTC will be the common currency of the whole world, firstly they are high risk. And prices fluctuate frequently. BTC is not owned by any country so the application of laws or regulations to Bitcoin is not possible between countries. This makes Bitcoin difficult to put into trading.

This is a controversial topic to discuss. According to my view point BITCOIN can not be the currency of the future world. There is no possibility to have a decentralized currency to be the world's currency. It must be a centralized controllable currency. But Bitcoin will be more popular in future. Because technology oriented world must have an one currency that can be used with their tasks. I think Bitcoin will be a great currency to fill that requirement. As well as other alt-coins are trying to come up with concepts to fill the same requirement, but the trust factor is with BTC. So I think in technology oriented tasks BITCOIN will be the currency of future. But not everywhere... 

Bitcoin is the first crypto currency started in the year 2009 through Mr.Satoshi Nakamoto. Bitcoin has a specific characteristics that a decentralized one ,maintain the anonymity and its all transactions are recorded in an electronic ledger with block chain technology..By understanding the merits of the bitcoin the business community around the world and the educated mass among youngsters with computer literacy are attracted bitcoin very well.Hence the bitcoins popularity has widen and more people are attracted to it.Its market capital is very high and day by day more people are attracted to it and very shortly it will be a global currency.

I agree with you . Bitcoin has not been legally recognized in major countries and this could have a huge impact on the future Cryptocurrency market. But if Bitcoin gains the attention of big investors, within 10 years Bitcoin can become the global currency and we should hope for this because I would love to use Bitcoin to pay.

For me bitcoin is already a currency a digital curenccy that we already use. But this time it is not our main curenccy, we have a fiat money. If bitcoin will be the main currency, I think the bitcoin community needs a lot of development. But we will see in the future, for now just appreciate and support bitcoin for the opportunity they had made for us.

I agree to you, fiat money is our main currency and we can't speculate that bitcoin will replace fiats because bitcoin has high volatility price. I will agree that it can be replace by means of payment system. For now bitcoin needs more development to be able to conclude the future of replacing fiat currency. All we need to do now is to support bitcoin as long as this will came to truth.

I think bitcoin has a great power and popularity for the future. But i am not sure about that, it will be the main currency of the world. Bitcoin's and other coins' prices are incredibly wavy, and this is making the things hard for the bitcoin to be used in daily life payments.

The bitcoin evolution is here to stay,nothing can stop it,bitcoin has gained popularity all around the world,the curiosity surrounding bitcoin will eventually bring more and more people to crypto world.

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 ...

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.