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Question: Do you believe that BTC is the world's future money system?
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Author Topic: POP QUIZ: Do you believe that BTC is the world's future money system?  (Read 3902 times)
ultimatesky
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November 22, 2015, 10:46:38 AM
 #61

Bitcoin is already a money system. People have been using it for quite sometime now. If you mean by "future money system" as in more people will start using it in the future, then I say yes.
I just think that Bitcoin needs more commercial success, there are still people out there who don't know what Bitcoin is and they don't know about the potential and the good side about bitcoin.

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November 22, 2015, 11:33:58 AM
 #62

I said YES. Of course it may take some time, actually it may take 20 years or even more but Bitcoin will be the world's money system in the future.

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December 20, 2015, 05:52:56 AM
 #63

I think bitcoin can be future money system, as we can see now there a lot of local store starting to accept bitcoin as payment, and a lot of transaction also done using bitcoin

From the beginning of bitcoin eraup until now, the development of bitcoin being implemented in many system has grow so fast so i am quite believe that one day all of use will use bitcoin as money

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December 21, 2015, 11:46:46 AM
 #64

I would say yes. At least when it comes to online payments. Offline, i think we will still see cash, but maybe BTC instead of credit cards.

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December 21, 2015, 12:20:25 PM
 #65

No i don't think so, bitcoin will be like innovative way to do financial transaction without affecting traditional fiat systems. This will certainly affect the way online payment processors are working till now.

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December 21, 2015, 04:13:53 PM
 #66

Bitcoin is already a money system though. For the world to be able to use bitcoin there needs to be a mass adaption to bitcoin.
If this doesn't happen then not many merchants are going to accept bitcoin as payment.

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December 30, 2015, 04:15:39 PM
 #67

I said YES. Of course it may take some time, actually it may take 20 years or even more but Bitcoin will be the world's money system in the future.

Can I make some questions to you? I have my answers for every question I will do but I would to know the thoughts that the others have about those. So how imagine you will be a world without the normal money and only with bitcoin (if this is the meaning of your post). If bitcoin will be for sure the world's future money system and there will not exist other kind of money how will be able you to buy out of internet? How will covered all the need of every country which will be always in increase and the bitcoin is limited in amount? Do you think that bitcoin is able to cover all the needs of all the countries of the world for money? Why all this replacement of all the money with bitcoin will last 20 years or more and not less? naturally you have the right to not answer at no one of my questions. But if will do, thanks.
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December 30, 2015, 04:50:14 PM
 #68

I beleive in a way it already is the worlds currency.

What else can you trade between pretty much any currency?

You can take BTC and trade it anywhere.  Not only that shops online, and not online are starting to accept it.

So its on its way to the top.  I already prefer BTC over USD.  Just wish I could use it everywhere.  Maybe someday we will be able to.

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December 30, 2015, 05:02:55 PM
 #69

Nothing will happen because fiat currencies are too powerful right now. Unless the public decides to rally against it and do something productive, paper money can be shoved everywhere

Sure.




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turkandjaydee
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December 31, 2015, 03:31:45 AM
 #70

We just need everybody to use, hence some country to use it as official payment method,
then it smooth sailing from there.


     
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Lenore
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December 31, 2015, 10:10:25 PM
 #71

We just need everybody to use, hence some country to use it as official payment method,
then it smooth sailing from there.

Agree with you there.

Wish it would maybe one day it will.

Heck in the US.  People seem to use credit or debit instead of cash.  So maybe it will one day switch to btc over credit.   Lol



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January 01, 2016, 03:10:19 AM
 #72

Bitcoin, in my opinion, will probably not replace other means of transaction entirely, but will probably become more widespread in the future. It will be accepted almost anywhere items can be bought and sold, though will always be considered an "alternative" way of purchase.

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January 01, 2016, 11:44:35 AM
 #73

I don't think it will be the world's currency, used instead of fiat in every country, but I think this will be the most used way of payment on the Internet, and maybe widely used by average guys in shops, but this won't be the only way of payment. If Bitcoin is accepted in shops, there will always have a possibility to pay in cash, or at least in fiat money using credit cards.

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January 01, 2016, 10:36:31 PM
 #74

In my opinion, no. To me Bitcoin is similar to Esperanto, a nice iniciative but simply not everyone will be attracted to it. Apart from some people not trusting Bitcoin, its use requires some technological elements and a basic knowledge that not everyone has nor is intersted in acquiring (most people in my family does not even know how to carry out online transactions -in fiat-, for example).

Other point is that Bitcoin network simply cannot handle a big amount of transactions, there are also a lot of people promoting higher fees (mainly to decrease the number of spammy transactions), how would the poorest people in the world afford them?, fiat is also well established (and would not be easy to replace it)...

Besides what I mentioned above, I would not either like Bitcoin to become the "world's money system", mainly for two reasons: 1. I think we need diversity, Euro has already shown how a global currency would not always be the best idea and, 2. That would skyrocket the price of Bitcoin and it would benefit (too much) the greedy ones that did not contribute to its adoption, and early adopters, then what would be the difference between Bitcoin and the shitty-coins random people create here and there?

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January 01, 2016, 11:10:26 PM
 #75

i believe that bitcoin will soon enough replace all the currencies of the world and the price will go booming to huge prices, though those are just guesses and nothing else
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January 02, 2016, 07:48:05 PM
 #76

i say no . bitcoin are just like evolved species like humans are we can say humans are better but we cant say human are the 1st organusam of earth. so the same with bitcoin too we can say it is the future of money system but saying it is the only leading currency is not correct .but there are many chanses as u had said in some of my previous posts here . if many peoples dupport bitcoin insted of real currency then bitcoin can acctually replace the government currency or faint curencys from all over the world but we have still a bug problem with thevolitile market
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January 02, 2016, 07:50:24 PM
 #77

Personally i say yes. It has gone up so mich. People are making incredible sums of money through it. it is wonderful watching BTC take hold of the financial world. What are your opinions?  Smiley Smiley Smiley

I don't think it will.
But, I think that there will be a money system in place that resmbles Bitcoin in the future.

It won't be bitcoin, but it will be a "clone" of Bitcoin!

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January 02, 2016, 08:03:51 PM
 #78

i'll say no. I think something like bitcoin will be the money of the future, for sure governments will made their own alternative cryptocoin
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January 03, 2016, 10:15:43 AM
 #79

no, because until a future money system hits the road something superb to bitcoin will be released.
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February 09, 2016, 11:37:56 PM
 #80

no. I says "no system is safe". with one question : how if there personally which stole a much bitcoin again or exchanger that suddenly be a scam. and then bitcoin which their owned has been sell in other exchanger. and make bitcoin be low price again and want need a long time for back to up price.  Undecided
i guess so but i believe that bitcoin will definitely become much safer and would hold a secure place in our inanicial world. I think bitcoin has the ability to prove you wrong.
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