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Poll
Question: How do you look at the future of crypto-currencies?
Widespread adaptation, Bitcoin and other cryptos will replace modern fiat money entirely - 3 (17.6%)
A complementary form of currency which can be used as payment option in most stores and countries - 8 (47.1%)
A complementary form of currency which can be used in some stores and countries - 1 (5.9%)
Adaptation has reached it's peak, from now on the market will fade away - 0 (0%)
Bitcoin has its value based solely on the illegal market - 0 (0%)
Interesting technology but the value is ridiculous and based upon false belief - 0 (0%)
It's a gamblers game - 2 (11.8%)
The technology in itself holds a value of proportions we do not know - 3 (17.6%)
Total Voters: 17

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Author Topic: How should we look at cryptos (Poll)  (Read 704 times)
heskey (OP)
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December 02, 2014, 10:49:57 PM
 #1

It has now been a year since the big explosion of the market, particularly altcoins, and to be honest we haven't seen much useful development.

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sniveling
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December 02, 2014, 10:59:45 PM
 #2

There are applications for both bitcoin and alts missing from your list of choices. They could both be used in the internet of things which permits machines to intercommunicate through the internet. It's revolutionary to think of machines owning and using crypto money, but people have big plans for it.
heskey (OP)
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December 02, 2014, 11:09:33 PM
 #3

There are applications for both bitcoin and alts missing from your list of choices. They could both be used in the internet of things which permits machines to intercommunicate through the internet. It's revolutionary to think of machines owning and using crypto money, but people have big plans for it.
I think I agree with you, but Im not exactly sure what you mean. Bitcoin definitely brought a new piece of technology to the table, and we can of course never know how this will unfold. But just as a matter of speculation, how will the future of Cryptos pan out?
I get a lot of different vibes, some say it's just funny money, others are very serious and believe we are just at beginning phase of a new economic paradigm.

I will add "The technology in itself holds a value of proportions we do not know" to the poll.

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sniveling
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December 02, 2014, 11:24:48 PM
 #4

There are applications for both bitcoin and alts missing from your list of choices. They could both be used in the internet of things which permits machines to intercommunicate through the internet. It's revolutionary to think of machines owning and using crypto money, but people have big plans for it.
I think I agree with you, but Im not exactly sure what you mean. Bitcoin definitely brought a new piece of technology to the table, and we can of course never know how this will unfold. But just as a matter of speculation, how will the future of Cryptos pan out?
I get a lot of different vibes, some say it's just funny money, others are very serious and believe we are just at beginning phase of a new economic paradigm.

I will add "The technology in itself holds a value of proportions we do not know" to the poll.

Thanks, this article gives a brief explanation of what I mean.

http://www.coindesk.com/bitcoin-transform-internet-things-vast-data-marketplace/
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