Bitcoin Forum

Taxi was doing a perfectly good job....
but Uber works better!!!

Landlines phone were perfectly good phone...
But cellphone works better...

We have Fiat but Bitcoin was introduce...
Do I need to say more?

You are right everything is being taken over by the new technology and soon blockchain technology will overtake every transaction and every business, it is a great feeling that we are all in before the real boom.

i strongly agree with you, now cash and other means of payment have been in existence but now crypto currency is here to take over, and i believe it will be very convenient and secured

uber is more better than taxi because they use a digital map and they can lessen the traffic if ever.


cellphone is better because it is the upgraded landline phones and it can be connected to internet. we can also use this as a device to receive more information with the use of internet


fiat is very good in terms of keeping our money but we are in the stage of technology thats why bitcoin is very famous. in bitcoin we can create a big profit compare to fiats they only give a small ammount of income.

You cant say one thing is better than another, cause everything have its own advantages and disadvantages right ? We still need both of them though.

Nothing wrong, everything you say is true. Technology changed everything easier. And all have their own perceptions.

Tech make everyting practice, better and easier to do. But still you cant replace fiat completly with cryptocurrency, at least not in this 10 years. Cause as we all know at some state they not even have electricity and live in the dark.

Funny, but its not exactly right to compare fiat with crypto like those things. For now I think there are still too many things to consider if fiat would be completely overrun by digital money since not everyone in the world has yet access to electricity and most of all internet connection.

I see a great future for the Cryptocurrency market. What if the money flows into bitcoin and altcoins. It's great to make money here. Also thanks to Cryptocurrency I understand more about financial markets

everything in this world is changing, even money, because technology is evolving. nothing is wrong with that, no wonder that in a few more years, crypto will replace fiat completely.

I thought that fiat is a bit different with bitcoin and it has a relationship with the regulation. This can't be compared with uber, cellphone because fiat has created by the government to support our real life transaction while bitcoin still to be considered a commodity for some parties. It's a bit different to say.

You are kind of right in some way. Although, there are instances where one thing is completely better than the other, there are also its own advantages and disadvantages.
I am a crypto lover too and love the way BTC works but still I think that fiat is needed. It should not be completely avoided. BTC is good but still it has its disadvantages like high fees and confirmation delay in a congested network. The issues might get resolved over time but fiat will still be needed in future when transactions get stuck in the network or some misfortune happens.

All these things, is about digitalization. We are getting more advanced in technology and that is why we tend to do better.  Sure, you do not need to say much, because Bitcoin in my opinion is better than fiat and i feel so many crypto enthusiasts will agree with that. It is not about Bitcoin alone, but also some of the altcoins that we have.

Change is the only constant thing. So I will not be surprised that Bitcoin is taken out by something  even more competitive.

 Bitcoin and other cryptocurrencies will surely face difficulties if we are talking about replacing to fiat, it's not like as easy when you replace an old gadget to a new one because it needs a mass adoption within a certain place or country but the essential factor to make it happen is the government approval in which the greatest hindrance in crypto globalization.

I agree with you, everything has their own advantage and disadvantages, crypto is very useful and fully boost by the internet but during maintenance or net breakage then everything is back to basic, manual transactions, manual accounting, manual message relay, so old basic thing will be very useful, just imagine how atm won't work during payment transaction because of internet and service breakdown, so you need cold cash to pay. But when in terms to internet.... You know it..

As technology is expected to be the technology of the future in the world, Blockchain continues to experience developments over time so that this advanced technology can be used in various aspects of life in the community. maybe in the future this is still needed.

No, you don't have to! A shared economy based on peer-to-peer payments is hopefully going to replace the old system in this sector as well. A lack of transparency makes banks less trustworthy in eyes of people. Escalating pressure from the society will end up in the revolution. Will old banks be able to adapt and adjust to the loss of their illogical power? This is the right question for upcoming years.

I do not think that this will be all as you say !!! Can of course when it is, but it's not soon !!! I do not think that we will not need FIAT

I agree with you, but so far millions of taxi cars travel around the globe, fixed-line phones are also available in all companies and in some private homes or apartments. Bitcoin can undoubtedly become a substitute for Fiat money, but at the moment it is necessary to achieve the stability of cryptocurrencies, in order that this system could fully become an everyday part of every person's life.

Let me guess, it will do better! ::) Of course it will do better, it was made with the intention to help mankind. The central bank was made with no such intention but to get the people who made it richer. Even worse the FED has stockholders, yes they have stockholders look it up.

Just because one thing was better than the other (only few of those) and took over, doesn't mean its going to happen every time.  Taxi still exists and people still use taxis. But before uber came or cellphone came, it took people some time to get used to it. Similarly, people will need sometime to get used to bitcoin and adopt it before they can officially start using it.

You have made an interesting analogy, but do not forget that it is not profitable for the government to replace cryptocurrencies with paper money. Blockchain technology is really the future and it will be implemented in different sectors. With cryptocurrency is much more difficult, it should be very carefully woven into the current financial system. And it will happen or not, only regulation at the legislative level will show.

difficult to disturb fiat because fiat is like a main weapon by the rulers, as far as I know Fiat is backed by gold but I'm not sure because its value is getting down "If compared to the goods".
I hope cryptocurrency continues to develop because I need a better tool of exchange than FIAT

What you say is the same as the one in my mind
times have changed now that many innovations thanks to technological advancements to be even better,
as well as the currency to be updated with cryptocurrncy

Not as simple as that but I do think that bitcoin will be the future currency. Implementing it is very hard though, as a lot of people are afraid ;D

Banking system is the biggest scam of the human kind and blockchain is the revolutionary to change what's bad for us.
The mailing industry is better option but sending email is way more better than any. I love the technology now a days.

I think personally, Nothing wrong, everything you say is true. Technology changes everything easier. And all have their own perceptions. And also, now cash and other means of payment have been there but now cryptocurrency is here to take over, and I believe it will be very easy and safe
 

I am happy to accept all the technological advances offered by the blockchain system, I accept all the convenience offered by crypto, I love the changes and the times, for me the change is necessary

Yes, you're right, this is a good comparison, new technologies make our life different, make your life better.
I think that crypto currency has a great bright future, but the world of crypto currency will also change.

Yeah tell it and tell all those newbies what they want to know.
Where the elites will tell that something has a value even it's worthless in our eyes, the whole world will also believe that it has value. This is why everyone thinks that the banks are the best way to store money but understanding the bank system our deposits there are being used in their business.

Bitcoin and Fiat have two different functions. Bitcoin is just an electronic currency tool and is traded in the Crypto market, and it can not be applied to any other system. fiat money is usually used to pay small fees for daily living. It's quite different so I think the world needs fiat money and crypto to make a better world. I still think fiat money is higher than Bitcoin. ;D

You are spot on in your quote and bitcoin is indeed doing much better. In fact, crypto as a whole has changed the dynamics of finance in our world. People can send money easily and in seconds with less transaction fees.

Technology changes the way people live.

Technology makes personal travel a practical one.

Technology is changing the world.

but can technology change the entertainment world? explain to me.

To continue with the quote, when bitcoin was introduce, it is more valuable than fiat money because bitcoin is increasing it's price gradually with no limit it may reach. One day, bitcoin's price will surprise everyone and some may regret that they haven't tried on putting investment with bitcoin where the current price maybe doubled or perhaps tripled in the coming years.

You are correct. Bitcoin and cryptocurrency might also replacement fiat currency someday. I strongly believe that using cryptocurrency is much safer, fast and convenient to use than fiat currency. It offers wider opportunity to everyone, specially to the investors because it increases its value. Still, there is a long way for Bitcoin to evolve and will face or must meet hundred of regulations before it will be recognized as fiat currency.

Yes, I'm about to say the same thing. As long technologies use for a better life purposes, I think it would really useful for human being. I also think its not just about Bitcoin, but the world of cryptos would probably bring a new era where its simplified by digitalization. Next thing I want is a flying car like in "The Jetsons" haha..

Yes to more. We are in a world that never stops evolving that includes the things in it. The only constant in this world is changing. You can stop it unless the world ends. So I say yes to bitcoin and cryptocurrency at no to fiat anymore. Let's change it.

I disagree in case you are suggesting that altcoins work better. The comparison should rather be:
Traditional payment systems did a good job....
But Bitcoin works better!

In the third comparison you're just changing the whole sentence.

Now, human life cannot be separated from the technology world. Humans will not choose uber if the concept is the same as taxi, as well as with cellphone. Now the money, I'm not saying the paper money is no longer worth it, but with the presence of bitcoin I hope it will make it easier for human activities.

By the time majority of people realise that bitcoin is better and that is the future,  the future of bitcoin would have caught up with them unaware and there will be a lots of regrets for those that have been ignoring 

Exactly. Every company and country is beginning to accept the upcoming changes we'll start seeing in coming years. From insurer to energy companies to jewelers have begun merging their current system with blockchain. Future is great for this technology as a whole and I'm sure altcoins will benefit from all of this.

Exactly, People tend to create something out of the latest technology to cope up with the current insufficiency, we can tell the big advantages of the new generation but we cannot deny the fact that they are still usable and mandatory in some cases, adoption with the current bitcoin is not ideal compared to the great usages of fiat though they both possess some cons and pros, it is still premature and too early to conclude it will replace the wide enactment of the present currency.

Technology always evolving that is why these old techs or things would be replaced by something new,as you have predicted cryptocurrencies could really replace these fiat system if and only if these governments will accept cryptocurrencies as a currrency,so that the people in most of the countries will be able to adopt the technology easily.

Yes to more. We are in a world that never stops evolving that includes the things in it. The only constant in this world is changing. You can stop it unless the world ends.

Comparing cryptocurrencies with Uber or mobile phones is like comparing oranges and tables. Forget about adoption right now, it is still very complicated to secure your funds, hacks happen every day. The majority still does not know how to get it, store and use it. Uber and phones ease your life, but cryptocurrencies in most cases do not.

We are in the stage of evolving or changing because.many of people doing wrong like hacking so that its so hard to secure our funds.

Yes, in explaining the cryptocurrency in the public is really hard to do because not all can easily go with the technology and not capable to deal with that opportunity as well in this new era.