Bitcoin Forum

Bitcoin has been known now globally and other countries are trying to slow down the inevitable bitcoin as future money. Yes, government do afraid of bitcoin consumption fear of getting their people into which believe that bitcoin is scam.

Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin. If we will make a scanning on the blockchain, millions of dollars worth of bitcoin has been has been transacted everyday which means that bitcoin is something they try to avoid but they can't stop the people in using bitcoin.

So why bitcoin as future money?

We had been already having enough the issues of centralized currency. Banks made abuses of their clients which is a complete difference when using bitcoin as decentralized currency. Whether they like it or not people will always chose what's best for them and that bitcoin is worth it to try.

I am not saying that centralized currency should be remove instead I am trying to emphasize the freedom of an individual to use whether bitcoin (decentralized currency) or stable currency (centralized currency like dollar).

Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.

Am I right? What do you think?

Alternative to fiat
Decentralized design
Built with open source codes
Gives privacy to those that want privacy
Limited supply
Appreciative over only time period, a source of wealth for holders

But, yet, bitcoin is not the only future money, being an alternative makes it better, the reason we can even compare it with other currencies.

You are right. But many people are now leaving their Bitcoin on centralized exchanges which are subjected to central control, depriving centralized service users of the freedom. Many people nowadays do not know what private key is even all about because all they are using is centralized services. But the fact still remain not you key not your coin.

Most times when we discuss bitcoin as future money, we always do so in biase. To put the facts straight. Bitcoin is presently a currency or money.
Secondly, can we stop envisaging a scenario where BTC will eliminate fiat or fiat eliminates BTC. These two are not in any war. They can co-exist, they can complement each other, we may have need of them in different times.
If Dollar existence does not threaten Euro or pounds, BTC existence should also not threaten Euro or Pounds, nor any other altcoins.
We don't pray for monopoly, it's no man's friend.

What do you mean that there's nothing yet that suits you? i mean I am pretty sure that bitcoin is a great alternative to fiat because it's been used for trading already so I don't get why there's not a coin that suits your needs.

I see that we're all trying to be optimistic about having bitcoin as the future money or something that will soon replace fiat. Although it will be hard, we can somehow be certain that at some point in the future, we will see that happening. Maybe it can occur whilst reigning beside fist where in the two will be compatible on making the world's monetary system much better. There's nothing wrong with hoping but we should take considerations first of the circumstances that bitcoin might face as it approaches being a legitimate currency.

yup, even though they're against, it's still impossible to take it down as long as there's a million of people believing that cryptocurrency is a future money., indeed even before it's a big issue for them. But see crypto still alive and despite it shown a big improvement in the market since 2017 until now. So how much more in the future?. For me believe no matter what government trying to with crypto they can't destroy it because it has a strong support. And infact if it's possible that they can slow down crypto maybe it already happened, wherein that time crypto market isn't huge like this in my opinion.

I am of the strong mind that bitcoin needs to be used as a currency in order for it to last long term.  Sure I think that bitcoin could survive on it's own as simply being a store of value, and alternative to gold ( or a replacement ), but in order for it to reach values that we've seen before and all hope for, I firmly believe that we need to get the 2nd layer and lightning network implemented as soon as possible.  Just my two satoshis.

bitcoin comes to give us warmth when we are cold, bitcoin teaches us to manage our finances, indeed we know many people are against bitcoin, there are also governments that shut down their banks to not accept bitcoin, but despite many obstacles, and they are against bitcoin, I believe bitcoin will continue to grow, and maybe one day bitcoin will compete with fiat currencies,,

if we look at the traces of bitcoin, since the first appearance many doubted, and did not believe, many people were afraid to play in bitcoin, but slowly bitcoin gave us motivation, and now many are holding bitcoin, and we can make buying and selling transactions in several applications, and now there are countries that accept bitcoin as a currency that
legit, slowly but surely, if we look at the traces of bitcoin, it is very likely that bitcoin will become money in the future..

if we look at the history of bitcoin, the possibility of becoming a currency in the future is wide open, even though we know there will be many obstacles, and prohibitions from influential people, and prohibitions from the government, but the history of bitcoin has proven that it crawled from zero , until it is known by all countries and the world .. now bitcoin has become a field to generate coffers of money ..

Well it is true that there are some countries that are against bitcoin and crypto, due to the fact that they are unable to control it and manage the transactions that are happening so the easiest option for them is to ban them, and some others know that you can't stop progress and eventually crypto will be used by everyone and that is why they are adapting it and accepting it, and that is the first step, but in my opinion the whole point of crypto is to have freedom so having a centralized crypto that is controlled by the government is contradictory to the whole point.

Bitcoin will be a big shield in the future with a strong hope that it will not be controlled by the government, I know before that the government did not want bitcoin to become future money that is widely used, there will still be evidence of more and more circulation even now all over the world almost holding bitcoin out of control by any government.

Until now the market capitalists have become big, money has become strong because of bitcoin, will this be a reference that the government is jealous of this decentralized bitcoin? so for me in the future bitcoin will be more powerful in society.

Having centralized exchanges for me might be considered as minimal problem of cryptocurrency. Well, centralized currency are working good and that many users love to use as well. As what you have said, there might be a little bit complications when using centralized exchanges but so far big news coming out from those exchanges that accounts that has been put to hold are those accounts or users which believe to be scammer or hacker. Hold accounts will then be subject for investigation and will eventually release once all problem in the account will be resolve.

I feel this is suitable to be used as a replacement option or an alternative to fiat and basically to be an alternative to bitcoin is the most suitable for now because in addition to decentralized bitcoin I also think it is promising in the future. but to replace I think this can not be realized. because there are several factors that do not support this, one of which is crypto, especially bitcoin, this is volatile and it is very difficult to predict which direction it will move so I don't think it is very suitable if bitcoin replaces fiat

Independence.

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Money is one of the most important things in society. You get power with more money, or vice versa. That means that the current mighty people have to accept a change. The vision is electronic money. The currency experiments will get stronger in the next few years, one of which will be cryptocurrency.

with the adoption of several countries this would be very good for bitcoin to print directly as money in the form of buying and selling transactions that are used in everyday life to strengthen bitcoin in stock market prices and can be reused for a very long time as happened with paper money and its benefits can be felt directly by all those in the crypto world today, I think that is the only way to make this happen

we all know that there.are still many people who hate bitcoin which brings.change in a short time, especially among.economists but we believe there.are still many people who are still very optimistic in the world of cryptocurrencies.More and more are flocking.to do business in the crypto world because of them. believe that this business provides.them with transparent.results that allow them to see firsthand.the process of rising and falling prices

There is this general misconception that Bitcoin has to replace all Fiat currencies and that Satoshi Nakamoto created this technology to replace Fiat currencies. This is wrong, Satoshi Nakamoto created a "Alternative" currency for people to have a second option or an alternative option to the current Fiat system.

He gave us the freedom to choose what currency we want to use, giving us the option to rather use Bitcoin ..if the Fiat system has flaws that Bitcoin solved. (Things like avoiding centralized control over our wealth or the misuse of power and even corrupt Banking practices)  ;)

Let me remind you that most of the countries around the world are neutral towards Bitcoin and crypto.
Don't try to make FUD posts,based on the few countries,that are anti-Bitcoin.
You are writing that the "government is trying to slow down Bitcoin".Which government?Can you be more specific?Is it the US government or the Chinese government?There are 220 governments around the world.
Do you mean that KYC is slowing down Bitcoin adoption?Well,KYC is mandatory for all financial services.
You have to be ID verified,when you open a bank account or a FOREX trading account.Does that mean that KYC is slowing down fiat currencies as well?

Decentralization I guess is enough reason why we should engage in Bitcoin.

El Salvador had taken it seriously when it comes to Bitcoin as future money. Look at them now as they've declared BTC as legal tender and had tried also airdropping BTC to millions of their citizen. It looks like BTC is going to make the country independent as they are also preparing to go Bitcoin mining through the Thermal Energy from their Volcano.

By now most people is in favor of using crypto currency for being a decentralize system since no direct central control and no miscellaneous taxation collected. But I think most of government are hesitant of using crypto currency it has big impact of their existing economics standing unless it will totally accepted and make some arrangement that taxation can't be affected like buying for goods and services.

Well too bad that this several countries aren't pretty influential in the international stage which makes their success in making bitcoin a big thing only a domestic success. I think that there's still a long way to go for bitcoin to do before they can do anything else because the community is still small in my opinion.

Printing Bitcoin is a very good decision but no one can control bitcoin is decentralized bitcoin will also attract investment in the country. If only 1% of the total BTC supply goes to El Salvador, it will increase the economic output of the country by about 25% to this end the country's structures are working to optimize the crypto business and provide instant permanent housing for crypto entrepreneurs. We hope this decision is just the beginning of a place where some of the top innovators can potentially imagine the future of financial aid to billions of people around the world.

Sound good to me as well printing bitcoin physical money.  I think there could also be denomination like the physical money because it is too much to own a bitcoin in a single paper when it will become vulnerable to physical damage. However, the possibility will going to have more bitcoin losses because physical money are always vulnerable to environmental hazards.

yes it is true what you say. Stop arguing that bitcoin is a substitute for money because in reality they are not competing. They have their own values ​​and needs. They can continue to grow side by side without eliminating any of them. So why do we have to worry about being the winner among them.

Of course bitcoin is a future money, the concept is futuristic already. No physical contact of the money, and everything is electronic and it is utilize the modern technology, I think that there's no better reason to call bitcoin a future money. Not to mention that it's also a key liberation tool for many people to achieve financial freedom.

I also really hope that Bitcoin and fiat can co-exist, because they are really needed, so I agree that they are not competing. Actually, the thought
emerged that Bitcoin would replace fiat, it was just the government's fear of not being able to control Bitcoin. Even though Bitcoin was created
from the start not to replace fiat, but as an alternative to fiat. So there really is no competition between fiat and Bitcoin.

I really believe that this will happen since bitcoin already evolve so much thru the years so expect that financial institution will slowly see its potential so its  really not surprising to see this co-existence or collaboration towards the two what we can call giants in economical aspects. But for now just expect that this is a long journey for bitcoin to be notice as a good currency by government since bitcoin still have bad impression towards them and maybe its  hard for them to trust this while the volatility is so fast moving.

I think bitcoin is not the currency of the future but the bitcoin system or blockchains is the future financial system where it is very likely that the physical currency will be shifted or replaced with digital currency that has higher security will be lost, hacked etc.
my opinion does not rule out the possibility that bitcoin will become an international currency replacing the current USD

I agree with you, bitcoin is future money. Indeed, currently countries and governments are trying to slow down bitcoin and other cryptocurrencies. But in future I'm sure they will accept bitcoin. Blockchain technology is the best technology, and it is in bitcoin. Sooner or later bitcoin will be more and more popular and will be used by all countries.

if we look at the traces of bitcoin, ranging from zero to one, and now bitcoin has been held by many people, and has been used as an asset, there are even some governments that have legalized bitcoin, it can be said that bitcoin has become a bright future, most likely bitcoin have the opportunity to become a currency in the future..

It's everyone's dream that bitcoin be the currency of the future but then, it won't be more than it is, being a virtual currency and an alternative to fiat. Though, its going to have a lot of short coming as, not all merchants would have required technology to get this going. Also, the problem of transaction confirmation would also be there.
It's not all about the nations that have refused to approve of bitcoin for a currency but then, bitcoin haven't perfected itself as a currency. Another thing is, its highly unstable or though I hope this won't be much of an issue but then, it does contribute in a way as to the value attached to what is being offered or rendered in terms of service.

At this time bitcoin is widespread throughout the country but bitcoin still cannot be used as a legal currency, but there are already signs that bitcoin in the future will be used as legal payments without having to erase real money. We can't use Bitcoin in all applications but only a few applications are willing to accept bitcoin as a means of payment and imagine if we live in the future we certainly imagine bitcoin can be used as a legal payment in all countries.

I'm not sure this will work very well because Bitcoin is basically a decentralized and independent system, besides that Bitcoin is also volatile and very difficult to predict.
when Bitcoin is made into money in the future I don't think this will work very well because with its fluctuating nature it could be very profitable if Bitcoin increases and it will be very detrimental if Bitcoin decreases.
besides that we have always used Fiat and paper money or real money and to replace these two things will take a long time and adaptation so this will not work very well.

Our vision of the future of money, and it's something else than a pure free crypto world world, also its potentially uncrackable.

I dare to say: this is not the next gen of block-chain, this is something different, it's a system to generate an information singularity and hide it in the chaos of the Akashic record.

It could be the definition itself of universal economic peace.

@Null Coin Economy & The Virtual Tax Generation System

We have just posted the blueprints on this forum, see if you can understand it, we don't want your money, we don't want only your full consideration and help in making it a reality of you fancy.

In a way you could also be already receiving money from us unbeknownst to you, in your CORE account since 1st of Jan 2020, to help for your Covid losses.

Regards,

QED E8

Bitcoin is already gaining popularity everyday. The Government actually thought they could control Bitcoin as first, but is impossible, Bitcoin operates in an decentralized system. Bitcoin can't be controlled by anyone.  I know with time, the government will be left with on other option than to accept and legalize Bitcoin.

Bitcoin will not be the world currency but it shapes the future that's for sure. Because it's definitely a good alternative to fiat right now. Yeah, it has systematic problems also like scalability. But these problems are not impossible to be solved too. In the future, I think Bitcoin will still be a strong alternative.

Cryptocurrencies are indeed quite effective in overcoming problems that cannot be solved optimally by fiat. but we also have to realize that this system will not work optimally if there is no internet, right? so like it or not, we have to use them side by side, according to each other's needs.
I agree that cryptocurrency is called future money, by maximizing technology and its decentralized system provides a lot of freedom and convenience. indeed there are many pros and cons, which is why many governments cannot completely reject the presence of cryptocurrencies.

Only time can answer that. This ecosystem continues to grow, who knows one day there will be a solution to overcome government doubts so that cryptocurrency adoption can be applied more widely. at least we can be here earlier, and be part of the financial system revolution.

That's true, no matter how the governments want to slow down the progress of bitcoin on their countries. They just can't stop if it's the people that are proclaiming bitcoin as the future money. But they can impose ban yet still, they only are slowing down the thrive of bitcoin on their countries but not bitcoin's growth. Because it will continue to grow as much as they want as bitcoin is a decentralized cryptocurrency and it's the money of the people without central powers controlling it.

Bitcoin brings freedom to everyone and this is the reason why people are more into crypto right now than staying with fiat who are in full control with the government.

And now that bitcoin is clearly gaining more interest and possibly adoption in the next years, then it will be very clear for us that bitcoin is the future money. And for this to be more possible, bitcoin should not always be as an investment or asset but rather it should be used by now as a currency in the countries who already adopted it.

It may be one of the future currencies that will be adopted and used for payment methods, more to worldwide.
Even we know the nature of Bitcoin, we must also know that the use of money in a country will be really influenced and regulated by the government. And we cannot use it in our country if this is still not legalized.
They cannot stop Bitcoin. But, with their strict regulation about the means of "money", we can't do many things. It will be always limited to several merchants only that receive Bitcoin, which cannot be used for daily life payment as what "money" doing right now.

But once more, we don't know the future yet.

What the governments can do is enforce a ban on trading or exchange, which will result in people having crypto but not being able to do anything about it, some countries are already on the move. However, most remain neutral, but not for long.

Nowadays only some of the governments speak upfront about their attitude toward Bitcoin. But as the things are developing quickly, more people are using Bitcoin each day, more companies are expressing an opinion about it - things won't go on like that for long, and all the countries will have to make a decision.

I think in about 5 years we will see a major division: a group of countries that fully accept Bitcoin and, perhaps, develop some functional financial systems for people to use it, and a second group would be the countries that are straightforward against Bitcoin.

Bitcoin would be a global currency but not now . It would be someone future money like pension money at the end of age. It would be secured money for widows. I reserve Bitcoin for my child and wife for better lifestyle.

Definitely, the government cannot stop the development or adoption of Bitcoin and altcoins. It already becomes a new trend nowadays, people are starting to join it massively. Even big people in the world already buy Bitcoin or altcoins, a perfect example: Elon Musk. With this phenomenon, the future of Bitcoin and altcoins are very promising. Even if it won't replace fiats, it will be one of the popular currencies in the world then.

after I saw your thread I went to do research to see if there was any more news that I hadn't seen because in the last days or weeks or months I'm not seeing governments chasing bitcoin, because everything I'm seeing is just the opposite, many governments are being more tolerant towards bitcoin, for example even people who were the hard core of governments against bitcoin today appear on the news channels talking moderately about bitcoin.

Bitcoin is indeed not a fully legalized currency in all countries, but the advantages are indeed capable and more visible in its increasing popularity until now, this is really a part of the future's things.
In essence, the government is still too concerned about bitcoin's risks.
even though the government seems to be slowing down bitcoin, bitcoin will not weaken, I think the government will slowly realize that bitcoin is a part of people's lives in terms of finance, which is indeed worth taking.

With more and more institutions deciding to invest in Bitcoin in the long term, it is not surprising that eventually Bitcoin and fiat can co-exist.
The problem is that there are still many corrupt officials in several countries, who do not want to recognize Bitcoin, because of the difficulty of
corrupting through Bitcoin. Because Bitcoin is so easy to track, there are also governments that reject Bitcoin on the grounds that its price is volatile.
So for Bitcoin to be accepted in all countries it may take a long time. But I believe sooner or later the government will realize the benefits of Bitcoin
for human life.

Because more and more people know cryptocurrency and use it, and some countries set it as legal tender, the usage rate will be higher and higher, but because the market is very big, there will be many swindlers to get in, you have to be careful when using cryptocurrency

If governments wanted to stop Bitcoin, they would tried much harder. So far only few countries have banned Bitcoin, and few countries made specific regulations regarding Bitcoin, most simply keep ignoring it, so there's no need to look for conspiracies and look for persecution when there is none.

As for future money, people that same think 10 years, ago, and that future is today, yet adoption remains low, and the growth rate is quite slow.

That is what we want from bitcoin and bitcoin has that chance in the future. If people realize the potential of bitcoin and want to use bitcoin like the other people who already use bitcoin, that can help bitcoin grow more than now. At that time, the government will be hard to stop bitcoin or prohibit people from using bitcoin because people already get benefits from bitcoin.

Yes, after the institutional investors joined the Bitcoin investment, Bitcoin is know globally but I believe some governments that are against Bitcoin not some countries cause the country is govern by a certain government and we shouldn't expect all government to welcome Bitcoin due to it decentralization. However, they are not against Bitcoin because it was used for illicit transaction as the OP believe and the fun fact is that 1% of all illicit transaction are done through crypto while 5% are through USD alone.

Agreed.

People brought bitcoin to where it is today... it is the support of people that has made bitcoin grow to where it is now and has made it attractive to organizations and more recently governments.

And yes, way too many people are invested now with way too much money and the developed nations recognize at this point that an outright ban is neither feasible nor wanted.

Ultimately we are going to see these countries regulating bitcoin a lot further than it is currently, but in the long term this will just make it a viable investment asset for very large players that are currently avoiding this space becasue of lack of regulation as compared with other asset classes.

Partly, yes bitcoin may somehow pass the requirements of being an anlternative money for online transactions. Because we are talking about future here and technologies as the time goes are well improving together with innovations. If future money means online transactions, the only issue I am pretty sure that could be the problem is the volatility.

Bitcoin is the money of the future, I believe in this even though now many people are against it.
The convenience that Bitcoin has is much better when compared to the Fiat Money that we now use.
But it's not that easy for us to use Bitcoin as a currency, because the very volatile value of Bitcoin makes many people worry. So for now Bitcoin is more suitable for trading and investing in the future for profit.

The high volatility of bitcoin is definitely a great barrier for fast adoption of crypto. People worry that if they own crypto, the value will suddenly decrease making them totally devastated. But i don't think this concern will not be addressed once bitcoin becomes an option to fiat. Once the government accepts and legalize bitcoin as part of financial system, then they will surely find solution to this how to lessen volatility.

I agree with your opinion, if we look at bitcoin's footprint, bitcoin must have a very good future, and which will certainly be held by all elements, but for us to make bitcoin as a currency, I think it's still early, and not yet the time, because bitcoin for now is better for us to make assets so that we can generate profits in the future..

why do you think like that? I think you are being overconfident by saying bitcoin will be global money in the future.
because it needs some adjustments and I'm not sure it's acceptable to everyone.
just like and don't expect something like that to happen

Everyone is looking forward for a legal adoption of every government on the existence of cryptocurrency today especially bitcoin. The popularity of bitcoin or cryptocurrency today is unstoppable and many more people get involved with cryptocurrency, many got curious about this future money and yeah there are already many who have gained a great profit from this platform. And I think the biggest advantage of this platform is its decentralized essence which a government wouldn't have any control of it which I think maybe the reason why some of the country's have had announced it as banned.

Bitcoin global currency is not something which will happen over night. The governments will never let this happen and they don't want to lose the control over the financial system if this happens.

yeah..Bitcoin is the future asset and currency of the world...

negative news or FUD will continue to be circulated by the government in order to fight the increasing number of people who use Bitcoin, the government is more supportive of what they can control but Bitcoin can't. Bitcoin will continue to be strong, everything the government does to suppress Bitcoin will always be in vain.

They are supposed to give support for Bitcoin but instead, they are first to oppose its existence.
I respect their decisions but I have some faith that they will soon open their minds and embrace the new technology. It is likely they just need some proof of its legitimacy and we are providing them.

Despite these struggles, we can see that the crypto market even grow more and stood still strong even we are tested by FUDs and banning from other countries. We still able to survive even without having a hundred support from the community and it can soon be a legal currency in the coming days.

Each country does have its own rules regarding Bitcoin, which is where most countries only accept Bitcoin as a digital asset and cannot be used
for payments. But now some countries are starting to open up to Bitcoin, for example El Salvador has legalized Bitcoin. And I believe that in
the future many countries will legalize Bitcoin for payments, so I agree that Bitcoin will become future money. But not to replace fiat, Bitcoin will
only be an alternative to fiat. No country is capable of erasing or killing Bitcoin, because Bitcoin can't be controlled, as long as there is a supply
and demand, Bitcoin will still exist.

at this time we all know that very many people hate bitcoin because all of us.know that bitcoin today.brings such.a big change for the progress.of the world.economy and a lot.of changes.are happening, even almost ordinary people hate bitcoin with their opinions.public they have built, but everyone will feel very confident.that bitcoin.can bring about a change in.the nature of crypto adoption.for the future

I agree  with you that the government can't stop people who believe in future money from happening right now in the present. because the ownership of money and the regulation of private rights without government interference,
after all bitcoin is also a substitute for fiat money, providing privacy to those who want privacy
and the supply is limited

But We should underlined this words, the government can't stop who believe but can make some regulations which is a restriction. People who believe in future money can still use their choice if the amount of people is large and they can make a massive movement to spread the freedom of financial system with BTC..

I have also thought that everyone can be excited am crypto-currency and still when they choose use Fiat, I don't think the world need a currency for everyone, if am in USA for any reason, I think I would be fine using the dollar when it's convenient in US but when am purchasing things from my local country I use the local currency.
And if bitcoin was to be unrivaled in future some of difficulty we face now, although not worse than Fiat but are still problems, like delay confirmations and more needs happen is less often than it happens now.

Which country/government thinks that bitcoin and crypto currencies are a scam? There maybe one or two, but most of them doesn't consider crypto currencies as a scam (not talking about those obvious shit coins). And I don't think the government is scared for their people who are using crypto currencies. They aren't slowing down anything. In fact, they are trying to understand it better and integrate it with the current financial system.
Really? Did your bank "abuse" you? Lol, then there are hundred more banks. Why not move to them?

Looking at El salvador maybe that will happen in the future. They have legalized Bitcoin as a currency there. They will accept all payments using bitcoin. But some reports say that it has also been opposed by the World Bank.

Maybe 5 years is too short, maybe more than 5 years. Some countries of the world do not have a balance of technology, it will hinder the development of digital currencies

People keeps on finding ways to not interfere on government rules which comes crypto that governments trying to control too. There are plenty of ways now to not be traced but it is better if governments will just accept the fact that the generation is evolving and many where finding ways to be convenient as well profitable which crypto gives without governments consent.

if we say bitcoin is future money, it's still very far, friends, anyways, bitcoin is better for us to make an asset for our future, because if we make bitcoin the currency of the future, there will definitely be a lot of obstacles, bitcoin prices could fall make assets will no longer be profitable as it is now.

Most of BTC has been popularized in many countries around the world and even I use BTC, I think BTC is the currency of the future, we can't deny that. BTC now seems to be replacing fiat , and many countries consider BTC as payment currency.

I agree that fiat currencies and bitcoin and other decentralized currencies will coexist for a very long time but I disagree with what you say about not being at war, this is a war, bitcoin is the natural enemy of fiat currencies and this is why governments do not like it one bit, and now they are finding out they cannot destroy it they are going to try to subvert it in the same way they did gold, by buying a lot of it and then eventually backing their currencies with bitcoin only to withdraw this at a later time.

Bitcoin offers everything that fiat currencies cannot provide at the moment. If one wants an asset where they can safely store their riches without the fear of it being stolen or destroyed, bitcoin could provide it courtesy of wallets, soft and hard wallets. It is decentralized, meaning there is no singular entity that could manipulate its price in the shadows while the smaller investors and consumers below are suffering. And compared to fiat currencies that continuously depreciate in value, bitcoin doesn't show signs of dropping its monetary worth at least in the general scheme of things.

Nothing good comes out without criticism. That the powers that be and various governments are bashing it succinctly for a decade now shows that there's something great about Bitcoin. You know, there's a local expression where I come from in Africa, "when people don't talk about you, you're nobody." The same applies to Bitcoin.

It's because the globe has drifted to the internet.

I agree with you, but Bitcoin is currently banned in many sovereign countries, such as China, which has closed most of the mines. Bitcoin has no corresponding payment scenarios in many countries, and legal currency is still the only one. payment method. As Bitcoin is recognized by more people, I believe our wish will come true, just like a post in a forum.

https://bitcointalk.org/index.php?topic=5348182.0 (https://bitcointalk.org/index.php?topic=5348182.0)

I believe it will become more and more popular. I will do active work for this

Yeah, I have also had this same opinion that cryptocurrency should be allowed and people should be given the freedom to use whatever currency they decide to use, whether it is cryptocurrency or fiat. Although I know for sure that the government won’t be able to actually stop cryptocurrency users. They can only ban it and threaten to punish those that are caught making use of it.

And I know that there are going to be people who will become afraid to use cryptocurrency because of what the government has said. But those who knows how to go about it will always continue to use it by making use of decentralized exchanges and wallets.

The development of btc is currently good, many people are starting to know it and learn about it. Of course it's good for the development of btc or crypto itself where if more people get to know crypto, the price can also go up. With this good development of btc, there are some countries that prohibit the existence of btc with their own country policies. If you say btc is the money of the future, yes, that's true, but to replace central money it will be difficult where not all countries can accept policies from the crypto world. Right now I think btc is good as an asset where if we can manage it well then it will be profitable especially if the price is high in the market.

As far as the community is treating it with the way as expected in the whitepaper. Crypto will be used as a currency. There are some challenges but over the period, things will improve and we will see a developed inclusive crypto ecosystem.

for now it is true that not all countries can accept policies from the crypto world but rest assured for the next generation they will definitely prioritize digital currency over fiat.

Yes, maybe the future of physical money will be less and less. They will shift to more practical digital money. But for the next 10 years I think many countries will be able to follow suit. Several experts have predicted this day and were right. The internet will turn into a basic need, because everyone uses the internet for transaction activities. But I think paper money will still be used.

if we say, bitcoin is the currency of the future, we can say yes, because we can see bitcoin continues to grow, and many of us have adopted bitcoin, even large companies have accepted bitcoin, and there are governments that have legalized bitcoin, but we need to realize bitcoin cannot replace central money, fiat currency..

Can bitcoin be used by everyone equally with transaction speeds that exceed credit cards at the cash register?
At least to be able to become a currency ruler, Bitcoin must be able to become more universal and also easier to use, whether it's online or offline.
In some cases, BTC is better used for alternative payments other than FIAT, where the nature of BTC is very suitable for anonymous transactions.

Yes it can be the future of money,and it's not for that we can use bitcoin like dollar in all over the world.because there are many big industries are accepting bitcoin like dollar or local currency.and  some countries also taking bitcoin.so in my opinion bitcoin will be accepted like Mony very soon.

Bitcoin have always been said to be the future money because of its features that are really futuristic ever since it was created and have existed on which it is in line with the continuously growing modern environment we are living right now. People are seeing its worth and importance compared to before wherein they are realizing the benefits they can acquire through it compared to the accustomed way of living with fiat. Bitcoin have something more to offer but does not give it a way for fiat to be neglected for the reason that both can still co-exist even if so people are wondering that Bitcoin is the future money.

Already bitcoin is now influential and also an universal currency currently, i can say that bitcoin want to take over fiat in terms of transaction than any other digital currencies, from my understanding towards cryptocubutrrency, nothing that can't be purchase without cryptocurrency more especially bitcoin, except it's a situation where by the company or industry is ignorant of acceptance of cryptocurrency for exchanges, majority of people currently prefer payment with bitcoin instead of fiat due to it's values and it's adoption globally.

No matter how effective bitcoin is for dealing with financial problems, it will not completely replace fiat. firstly bitcoin cannot be fully controlled by the government, secondly the uneven development in all corners of the world makes many limitations related to the operation of cryptocurrencies which are highly dependent on technology. the government might make adjustments to digital money, which is more user-friendly and easier to monitor.

In a world where Bitcoin replaces fiat, I think a lot of other things would have changed too. We will have governments and no anarchy as we will have violence and the state has the obligation to protects its citizens from that violence. If there was no state, there would always be groups who seek to claim control over other groups. For as long as there are governments, I think that there are also fiat currencies. It is the only way for them as of now to force people to pay their taxes. Without taxes, states would probably collapse one after another.

so far bitcoin is increasingly in demand by the public, there are even countries that have recognized bitcoin as a currency in their country, this proves bitcoin in the future it is likely that many countries will legalize bitcoin.