What is your dream for bitcoin? What will it become?

[Derrike]

I'd like to hear some opinions about bitcoin here, and please go into as much detail as you can.

Where is bitcoin going?

What will it become?

Bitcoin is going where the community takes it ...

My observation is that it's becoming less and less community driven, and that alarms me. Thank god for this forum, because many other popular venues are basically just exercises in cheerleading, with critical discussion frowned upon.

I think it still has a chance, but let's not forget it has over 1000 competitors.

who says that Bitcoin has a 1000 competitors.
I don't think that those 1000 altcoins are the competitors of Bitcoin.
They all are shit coins and never be able to come near Bitcoin.

[Patatas]

My dream for bitcoin is to became accepted in every establishments worldwide as a payment, just like a real money.
I hope it will happen in the near future

[mattiadeabtc]

free market everiwhere, no more chargeback on payment and more privacy for the citizen

[Dire]

My hope which I think is fairly realistic, is that approx 25% of the world begins using it regularly. That twenty five percent will raise the value of Bitcoin and be just on the edge of mass adoption, making it still a possibility.

I don't wish for there to only be digital cash though, as I think that's a mistake.

[Hopalong]

My dream is that one day (probably long after I'm gone), we live in a peaceful society
with only small local governments that have to earn their money in the free market
like everyone else.

Kind of how it is today but in the future.

A goverments power is powered by how much money they can spend on stuff. A goverment in a country that do it good on the international market will have more money to spend. The tinfoil people on the forum who thinks a goverment just print money when they want it are idiots and have it all wrong.

[DaddyMonsi]

my dream of bitcoin is for it to be accepted in almost all establishment and services and also shorter wait transfer confirmation.
just imagine if you have to wait 30 mins for confirmation of your purchase in a mall.

[BabelFish]

If Bitcoin achieves critical mass adoption, then it will be the answer to end world poverty, and we can finally be allowed to work for ourselves, rather than having to request authorities for permission.

Central, regulatory institutions only help to restrict, control and stop you from working when you can work. It prevents first starters from taking the first step to gain work experience. Impoverished circumstances will lead most first starters to take any ungainful experience that actually lead nowhere in life. The end result of systems that serve the banking system is always bail outs for the banks.

Could you explain how bitcoin could possibly end world poverty?

Its not like its going to create water, food and education out of tin air.

Its not going to make earth able to support more population.

Well, it will require a lot of factors to come together to end world poverty, but the main problem with the global debt economy is that it favours a redistribution of wealth towards the banking system - The house always wins in the world casino, as it is manipulated by unelected officials with an agenda to uphold the status quo. There is enough wealth to go around in the world, but this is being restricted and siphoned by geopolitics and pirates. Exclusion from participation in walled gardens is what is known as a tragedy of the commons.

Tight controls always stifle growth and innovation. e.g. many industries are basically dead in Australia due to politics that shift emphasis towards housing and unproductive governmental bureaucratic bean counting.

Bitcoin, or alternative currencies, are the means to sidestep the stranglehold of fiat currencies that are tied to the banking system. Alternative currencies help to get people working and providing and sheltering for each other. Community becomes self-sustaining when everyone participates and cooperates, instead of fighting or scamming each other.

The objective of computing science is efficiency through streamlining processes and eliminating redundancy - If successful, society needs to eliminate all of the useless unproductive “jobs” that the government create for the sake of upholding the ideology that there should be “jobs”. Alternative vision is to look outside the box and see that the concept of “job” is simply a prison, an enslavement, a restrictive contract-construct that does not have to be.

Here is a video discussing how Bitcoin will end world poverty: https://www.youtube.com/watch?v=GtmUYrpLDgE

[LFC_Bitcoin]

My dream would be unrealistic so I'll rephrase my answer to what I think bitcoin can become -

I think bitcoin has the potential to become a store of value, with only 21 million coins to ever be mined holding a stash of bitcoin could make one wealthy.

I believe bitcoin can overtake PayPal & especially Western Union as a way of transferring money around the world with cheap fees. I firmly believe bitcoin could shut Western Union down. I believe banks may use bitcoin & the blockchain to wire money to other banks due to the security & speed involved.

I believe a high % of shops/companies/organisations will accept bitcoin as a way of payment within 10-15 years. My realistic hope is that in 10-15 years 1 bitcoin will be worth 10,000 USD.

[Kakmakr]

I had a dream, and then I woke up, and the reality was Satoshi Nakamoto invented Bitcoin. I have been searching for a long time, for a alternative form of payment for the internet. Bitcoin has made this dream come true in a big way!
My next dream will be for the many people out there, who have had bad experiences with the traditional payment methods to hear about this wonderful technology.

Most of us living in the developed world, cannot grasp the concept of having no bank account. We accept this as the norm. We also earn a above average global wage and cannot see what a huge difference lower fee's and micro payments can bring to the people who do not have that.

Make my dream, your dream today!

[TinEye]

i want bitcoin to be the world global currency that will lead us to demolish fiat and improve the transaction cost and time, especially against conversion rate which is very high and not suitable for someone that travel a lot and i want bitcoin to be seen as the most secure form of payment without the need of a central autorithy

also i want bitcoin to be big enough to help poor people all around the world, so 1 btc should have 1M to 100M in price, the general consensus is to reach 1 satoshi = $1
and last but not last, that it's accepted everywhere for any kind of shopping you can ever think about

[Hopalong]

If Bitcoin achieves critical mass adoption, then it will be the answer to end world poverty, and we can finally be allowed to work for ourselves, rather than having to request authorities for permission.

Central, regulatory institutions only help to restrict, control and stop you from working when you can work. It prevents first starters from taking the first step to gain work experience. Impoverished circumstances will lead most first starters to take any ungainful experience that actually lead nowhere in life. The end result of systems that serve the banking system is always bail outs for the banks.

Could you explain how bitcoin could possibly end world poverty?

Its not like its going to create water, food and education out of tin air.

Its not going to make earth able to support more population.

Well, it will require a lot of factors to come together to end world poverty, but the main problem with the global debt economy is that it favours a redistribution of wealth towards the banking system - The house always wins in the world casino, as it is manipulated by unelected officials with an agenda to uphold the status quo. There is enough wealth to go around in the world, but this is being restricted and siphoned by geopolitics and pirates. Exclusion from participation in walled gardens is what is known as a tragedy of the commons.

Tight controls always stifle growth and innovation. e.g. many industries are basically dead in Australia due to politics that shift emphasis towards housing and unproductive governmental bureaucratic bean counting.

Bitcoin, or alternative currencies, are the means to sidestep the stranglehold of fiat currencies that are tied to the banking system. Alternative currencies help to get people working and providing and sheltering for each other. Community becomes self-sustaining when everyone participates and cooperates, instead of fighting or scamming each other.

The objective of computing science is efficiency through streamlining processes and eliminating redundancy - If successful, society needs to eliminate all of the useless unproductive “jobs” that the government create for the sake of upholding the ideology that there should be “jobs”. Alternative vision is to look outside the box and see that the concept of “job” is simply a prison, an enslavement, a restrictive contract-construct that does not have to be.

Here is a video discussing how Bitcoin will end world poverty: https://www.youtube.com/watch?v=GtmUYrpLDgE

So less jobs will make everybody happy. Sounds like the greeks has found the solution. Lets all do like the greeks.

[Hopalong]

I believe bitcoin can overtake PayPal & especially Western Union as a way of transferring money around the world with cheap fees. I firmly believe bitcoin could shut Western Union down. I believe banks may use bitcoin & the blockchain to wire money to other banks due to the security & speed involved.

There is a lot of idiotic ideas of bitcoin changing everything but this one is plausible.

Western Union has no trust outside US and i would never ever send anything trough them. Giving money to random people in the street asking them to drop it of where i need it seems safer.

Paypal, neteller and similar are good at moving and storing but have high fees. Bitcoin can do the same without any problem.

Forget about bitcoin being an all changing currency and look at what bitcoin has to offer. With the right tools you could make the safest system for storing and moving large amounts of funds.

[faridkifly]

I hope bitcoin is still exist in the future when I have a real job
And the rate is going high and stable

[Hopalong]

I hope bitcoin is still exist in the future when I have a real job
And the rate is going high and stable

No, you want the rate to be low so you can use your salary you get on your real job to buy bitcoin and then the rate get high and stable. Then you dont need the real job anymore....

[Daniel91]

My dream is that bitcoin will become globally accepted currency and means of payment.
I hope that the value of bitcoin increase significantly in the future and that I will, in this way, solve many of my financial problems and become financially independent.
I hope that the Bitcoin ATM will be on every corner in the world, and that I will be able to travel around the world and pay all my expenses with bitcoin debit card.
I hope that this will become possible in the near future

[shad_90]

Only currency in the world. Everything from local transactions to global business everything will be based on BTC. If any country wanted to have their own currency they will base it one Bitcoin.

And then BTC will be under control of one global organization like UN.    That will be the ultimate globalization. 

[Mickeyb]

My dream for Bitcoin is that it grows to the point that it becomes a good, solid currency which will be viable option for people all over the world, so to say, they will decide will they use it or not.

We don't need to take over the world and defeat all the banks and governments, this is hard reachable for me, but a good, solid, dependable option for the masses out there to use, that I like.

[dodgecharger]

My dream is to sit on my ass and become a multimillionaire as bitcoin goes to 10k. I don't really feel like doing all that earning stuff

[Falconer]

Only currency in the world. Everything from local transactions to global business everything will be based on BTC. If any country wanted to have their own currency they will base it one Bitcoin.

I think your dream cant be realized, just a dream    If everything only based on bitcoin, then government dont have power anymore, because they cant control it.

And then BTC will be under control of one global organization like UN.    That will be the ultimate globalization.

Make an organization be able to control bitcoin can ruin bitcoin itself, which that organization can be approached by governments and take advantage with it.

[zeraTunerse]

Only currency in the world. Everything from local transactions to global business everything will be based on BTC. If any country wanted to have their own currency they will base it one Bitcoin.

And then BTC will be under control of one global organization like UN.    That will be the ultimate globalization. 

Yeah that is the great vision and my dream is that even a small grocery shop guy should accept payment in bitcoins then only the purpose would be served and wherever we go or whatever we purchase there should be a notice that "Payment is accepted only in bitcoins"