Bitcoin Forum
April 21, 2018, 07:43:34 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: Do you believe that BTC is the world's future money system?
yes
no

Pages: « 1 2 [3] 4 5 »  All
  Print  
Author Topic: POP QUIZ: Do you believe that BTC is the world's future money system?  (Read 3902 times)
cjmoles
Legendary
*
Offline Offline

Activity: 980
Merit: 1015


View Profile WWW
November 08, 2015, 11:18:18 AM
 #41

Not the way it's going!  If Bitcoin doesn't change as quickly as our technology is changing, it doesn't even have a chance.  However, the technology and the reasoning behind the project will definitely produce a major alternative cryptographic digital decentralized currency that will be used world wide and I don't care whose emperor disagrees with that fact.  It wont be Bitcoin that controls the market....it will be Bitcoin's cousin, no doubt.
1524339814
Hero Member
*
Offline Offline

Posts: 1524339814

View Profile Personal Message (Offline)

Ignore
1524339814
Reply with quote  #2

1524339814
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524339814
Hero Member
*
Offline Offline

Posts: 1524339814

View Profile Personal Message (Offline)

Ignore
1524339814
Reply with quote  #2

1524339814
Report to moderator
1524339814
Hero Member
*
Offline Offline

Posts: 1524339814

View Profile Personal Message (Offline)

Ignore
1524339814
Reply with quote  #2

1524339814
Report to moderator
FabioDelcatto
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
November 09, 2015, 08:53:50 AM
 #42

For me it is a YES. But I it will be very difficult becauase alot of people still don't understand about BTC.

But I hope one day will happend.
Sir_lagsalot
Sr. Member
****
Offline Offline

Activity: 392
Merit: 251



View Profile
November 09, 2015, 09:27:52 AM
 #43

No, as it won't be an official international currency that everyone will use, but I believe it will become widely known and used, like PayPal. Except better. Way better.

It is already the major cryptocurrency and I believe it will stay that way until someone develops a "better" coin. This can be achieved as bitcoin is basically a code that is encrypted with some cool encryption and an awesome idea. If someone comes up with a better economic idea and even cooler encryption, say bye to Bitcoin.


Bitcoin also needs to change to adapt to new ASCIS and technology. But with no Satoshi to lead us, bitcoin will stay the same.


░░░░░░░░░░░░░░░░░░ ▄▄
░░░░░░░░░░░░░░░░░ █▀▀█
░░░░░░░░░░░░░░░░░ █▄▄█
░░░░░░░░░░░░░░░░█▀▀▀▀▀█                         
░░░░░▄▄▄ ░░░░░░░▄█▄ ░░░░░░░▄▄▄▄▄
░░░▄▀░░░▀▄░░░░░░░▀█▀░░░░░░ ▄▀░░░░▄█
░░▄▀▀▄▄█░░░░░░░░░░░░░ ▀▀▀
▄█░░░░░░█▄ ░░░░█▄▄▄▄▄█░░░░░░░░░░░
▀▄█▄░░░▄█▄▀▄▀▀█ ▀▄▄▀ █▀▀▄░░ ▀▄░░░▄▀
░░░▄█▀▀▀█▄▄▀▀░░░█▄▀█▀▄█░░░▀▀▄▀ █▀█▀▄
▄▀░░▀▀▀  █░░░░░░░░░░░░░░░░░░░░░░░
█   ▄           █      █          █          █     █    █    █  █
█   █           █      █          █          █     █    █    █  █
█   █           █      █          █          █     █    █    █  █
||
Vaoric
Jr. Member
*
Offline Offline

Activity: 30
Merit: 0


View Profile
November 09, 2015, 03:44:21 PM
 #44

Yes I believe it will. Because I am new and I am interesten to buy some BTC.

Only to wait later in the future that it goes higher. But I am also amaze how cheap it is to send BTC to other country.
richardsNY
Legendary
*
Offline Offline

Activity: 1022
Merit: 1055


View Profile
November 09, 2015, 03:57:14 PM
 #45

I think Bitcoin can and will be a great alternative to fiat currency. Which it basically is already. For me there is no reason for Bitcoin to replace any kind of fiat currency. It will succeed anyway.

LarryHocks
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
November 10, 2015, 08:12:52 AM
 #46

I say yes but it will probably be years for even a quarter of the population to adapt to btc

don't think this will happen any time soon

it'll be nice to see this happen  Smiley
NewInCryptoCurrency
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250


View Profile
November 10, 2015, 08:35:17 AM
 #47

Well yeah I hope so it will be nice if I go to my work and get BTC xD

It will be awesome I think if that happends.
StevenLiang
Full Member
***
Offline Offline

Activity: 168
Merit: 100



View Profile
November 10, 2015, 09:03:48 AM
 #48

I think Bitcoin can and will be a great alternative to fiat currency. Which it basically is already. For me there is no reason for Bitcoin to replace any kind of fiat currency. It will succeed anyway.

The idea of bitcoin itself is for digital currency which decentralized and open source, not for replace any kind of fiat currency.

It's too far away to say bitcoin can replace any of local currencies / fiat currency / be the world future money system.
kyrios_
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
November 13, 2015, 01:16:16 PM
 #49

Honestly the deflationary aspect of bitcoin is untested. Assuming your currency is deflating, won't one just wait until the price is cheaper before making a purchase? This incentives people to hoard rather than use it as a currency. 
kaselit
Member
**
Offline Offline

Activity: 72
Merit: 10


View Profile
November 13, 2015, 01:31:44 PM
 #50

UPDATE
Snorek
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
November 13, 2015, 01:32:49 PM
 #51

I don't know if Bitcoin will the one and only cryptocurrency of the future but I know for sure that someday we will switch to fully digital forms of payment, and even more.
We won't see this probably during our lifetime as I can see behind the scenes of world bank, but it is meant to happen. FIAT will fall and Bitcoin will be there to take over.
xdrpx
Hero Member
*****
Offline Offline

Activity: 602
Merit: 581


★Nitrogensports.eu★


View Profile
November 13, 2015, 01:38:27 PM
 #52

I really can't say, but to be honest I feel it's no probably cause it'd take a lot of countries to accept Bitcoin without having legal doubts and taxation uncertainties. Bitcoin started as an experiment and has grown far from it initially was and I believe it'll be a good asset to invest in for a long term, similar to what gold is today or probably better as time goes by. It would involve a lot of turnaround for it to be substituted completely to a countries fiat currency.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
italianobitcoin
Sr. Member
****
Offline Offline

Activity: 372
Merit: 250

Forza Italia


View Profile
November 13, 2015, 04:19:53 PM
 #53

I really can't say, but to be honest I feel it's no probably cause it'd take a lot of countries to accept Bitcoin without having legal doubts and taxation uncertainties. Bitcoin started as an experiment and has grown far from it initially was and I believe it'll be a good asset to invest in for a long term, similar to what gold is today or probably better as time goes by. It would involve a lot of turnaround for it to be substituted completely to a countries fiat currency.

You're right, I don't think the bitcoin will be accepted worldwide, hell it's not even accepted right now in Russia

Even if this does happen, it will take year and years, I'll probably be dead by then

kyrios_
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
November 15, 2015, 10:19:55 AM
 #54

I think Bitcoin can and will be a great alternative to fiat currency. Which it basically is already. For me there is no reason for Bitcoin to replace any kind of fiat currency. It will succeed anyway.

The idea of bitcoin itself is for digital currency which decentralized and open source, not for replace any kind of fiat currency.

It's too far away to say bitcoin can replace any of local currencies / fiat currency / be the world future money system.

I agree with you. I think Bitcoin will coexist side by side normal currencies. Although it is still hard to imagine government actually allowing Bitcoin to mainstream. Unregulated nature of it can cause some issues.
d5000
Legendary
*
Offline Offline

Activity: 1708
Merit: 1088



View Profile
November 15, 2015, 11:17:40 AM
 #55

I agree with you. I think Bitcoin will coexist side by side normal currencies. Although it is still hard to imagine government actually allowing Bitcoin to mainstream. Unregulated nature of it can cause some issues.

I would like to go a bit deeper.

Bitcoin is essentially a descentralized trust system. What does it mean if I pay a Bitcoin to you? It means that I'm giving you a digitally-signed letter that says: "I am trusting you that you give me a product or service which, for me, has the same value as the actual price of a Bitcoin."

It isn't so much a currency, because a currency is meant to be a stable indicator of prices and for this reason it is backed by a state or another large entity.

But based on the Bitcoin/cryptocurrency system, a large part of the financial instruments needed by the economy can "go descentralized", because they are all needing this "trust" component Bitcoin provides. In many aspects this is much more efficient that the traditional banking system. Digital payments and savings accounts - basically, what Bitcoin Core provides you - are only a little part of the possible uses. Systems like the Bitcoin extension Counterparty, or "altcoins" like Nxt, Bitshares or Ethereum allow you to use cryptocurrency for other financial instruments like loans, stocks / assets, crowdfunding, and distinct types of financial contracts.

So for me it's a matter of time that these descentralized financial instruments increase the market share in the financial world. I don't know if it will replace it, but I am pretty sure cryptocurrencies will play a major role in 5-10 years, and it is useless that governments take action against it (they should even embrace it, if not autocratic).

It is possible, however, that in 30-50 years cryptocurrencies will be obsolete again.

       ▀
   ▄▄▄   ▄▀
   ███ ▄▄▄▄  ██
       ████
    ▄  ▀▀▀▀
▄▄
      ██    ▀▀
██▄█▄▄▄████████
▄▄▄▄▄▄▄▄▀▀███▀▀▀
██████████████████
████▄▀▄▀▄▀███▀▀▀▀▀
████▄▀▄▀▄▀███ ▀
████▄▀▄▀▄▀████████
▀█████████████████
]
,CoinPayments,
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
█████
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████ ██
█████
HeroCat
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
November 16, 2015, 03:18:31 PM
 #56

It will be a long way for BTC to be the world's future money system. Banks did not implemented BTC in their paying system yet  Wink
elyas772
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


“Innovation Powered by Crypto”


View Profile
November 19, 2015, 08:47:36 AM
 #57

i would say no

because lot of country do not accept bitcoin for part of the currency even in some countries use bitcoin is illegal

I agree with you. a few terrorist and corruptor make bitcoin as payment for their activity. due for that, bitcoin never be legality in universal world because bitcoin properties that can be used for money laundry which causes bitcoin is not easy to be tracked.

so I think BTC isn't really used as the world's future money system Smiley

i want to ask
how much terrorist and corruptor make bitcoin as payment for their activity compared with they are using fiat money? (cash money) ?



           ▄▄▄████████▄▄▄           
       ▄▄█▀▀▄▄▄▄▄▄▄▄▄▄▄▄▀▀█▄▄       
     ▄█▀▄▄█▀▀▄▄▄▄▄▄▄▄▄▄▀▀█▄▄▀█▄     
   ▄█▀▄█▀▄▄██████████████▄▄▀█▄▀█▄   
  ▄█ █▀▄███▀ ▄▄▄▄▄▄▄▄▄▄ ▀███▄▀█ █▄ 
 ▐█ █▀▄████ ████▄▄▄▄████ ████▄▀█ █
 █▌▐▌▐█████ ▄▄▄▄▄▄▄ ▄▄▄▄ █████▌▐▌▐
█ █ ██████ ██▀▄█▀▄█████ ██████ █ █
▌▐▌▐██████ ▄▄▄▄▄▄▄▄▄▄▄▄ ██████▌▐▌▐
█ █ ██████ █▌ ▐████▌ ▐█ ██████ █ █
 █▌▐▌▐█████ ████████████ █████▌▐▌▐
 ▐█ █▄▀████▄▄   ▄▄▄▄   ▄▄████▀▄█ █
  ▀█ █▄▀███▀ ▄▄▄▄▄▄▄▄▄▄ ▀███▀▄█ █▀ 
   ▀█▄▀█▄▀▀██████████████▀▀▄█▀▄█▀   
     ▀█▄▀▀█▄▄▀▀▀▀▀▀▀▀▀▀▄▄█▀▀▄█▀     
       ▀▀█▄▄▀▀▀▀▀▀▀▀▀▀▀▀▄▄█▀▀       
           ▀▀▀████████▀▀▀           
CoinMetro
INNOVATION POWERED BY CRYPTO
..● WHITEPAPER..     ..● JOIN ICO NOW..



  ▄██
▄████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
▀████
  ▀██
.
.......500% Bonus.......
...
Buy & Sell Crypto....
.
Instant Withdrawals.
.
.Decentralized Exchange.
........
Margin Lending........
.....
OTC Crypto Trading.....
.
...........Crypto ETCF Board...........
.
Tokenized Asset Manangement.
.......
Vetted ICO Marketplace.......



██▄
████▄
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
████▀
██▀
.
.Introducing the COIN token: a unique digital asset that powers
.CoinMetro, a-one-of-a-kind, licensed, financial platform that.....
.
will fuel the future of blockchain innovation.............................

    ANN    Twitter    Facebook      Telegram    LinkedIn
mouneshwar123
Member
**
Offline Offline

Activity: 84
Merit: 10

Large scale, green crypto mining ICO


View Profile
November 19, 2015, 11:17:36 AM
 #58

Yes for sure. But no government will accept bitcoin as it is now. The governments will want some kind of control measure over the digital currency. Or else the governments will create a digital currency of its own.

LuckyYOU
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
November 19, 2015, 02:00:04 PM
 #59

Technically, bitcoin is already a money system, as you call it

You can buy and pay for stuff already by using bitcoin

I'm hoping for it to become more known and commercial so that we get more demand

n2004al
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile
November 22, 2015, 10:42:28 AM
 #60

I'll say YES, bitcoin has I the need to be "future money system".

Sometimes it is funny to read various post made here in bitcointalk. Like the above quoted by me. Absolutely not for him's English. I know that me myself am problematic sometimes to be understood with my English. Even not in the above level I think (I hope). But if the meaning of the above post would be "bitcoin has the need to be "future money system" and for this the poster write with capital letters a big "YES" I would want to ask him one simple "Why"? Why bitcoin has the need to be the future money system? Can you you give some argument about this your big affirmation with the big and capital letters?

You say yes with capital letters. Where do you find and base this conviction? What I don't know and you know that make you so secure in your conviction? Can you show that what your know here?

Please make post with meaning. It is not hard to put some words and to create a sentence. It is hard to give something that can make the readers to think or to encourage them to write something else affected by your posts. Bitcointalk need the lasts ones.
Pages: « 1 2 [3] 4 5 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!