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Question: Do you believe that BTC is the world's future money system?
yes
no

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Author Topic: POP QUIZ: Do you believe that BTC is the world's future money system?  (Read 4107 times)
Mickeyb
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November 04, 2015, 10:47:40 AM
 #21

For me it's yes, it will become one of the viable options. It will not at all be the only one and it might not replace any of the current options but it will be neck to neck and will become a competition to all of them.

I also think that it will improve many of the current systems. Bitcoin is so powerful and can do this. It's definitely a future of the payment systems and a new kid on a block.
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November 04, 2015, 10:57:17 AM
 #22

Yes I do believe because there is no question about it.Bitcoin is future's currency and will make many people future's millionaire and many will remain in doubts and loose this unique occasion to stick with it.There is a process of change in everything related to our life style and this change has started so Bitcoin is part of this change.I am some bitcoins to make my future bright because I believe in it.


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November 04, 2015, 11:12:58 AM
 #23

Don't underestimate the power of technology in this day and age. Innovative technology and the internet will make sure that if something is as good as it says, people will learn about it really quick.

Compare it to the internet adoption, took 20-30 years til we started using it properly, now with the help of the internet the same could be done with bitcoins, just so much faster. The only distractions at the moment are laws and the government. But that will clear itself out soon anyway.

You are right about technology, but bitcoin isn't just technology but wealth and power as well, and we shouldn't underestimate greed and hunger for power on the government/bankster side. Those guys doesn't like things what they can't control.
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November 04, 2015, 12:32:36 PM
 #24

If Bitcoin succeeds up to $1000 per bitcoin, I can will be start believe that BTC is the world's future money system Smiley
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November 04, 2015, 02:36:54 PM
 #25

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

You are saying it backwards.

Bitcoin isn't a great currency because it's doing well on the market, Bitcoin is doing well on the market because it's a great currency.

I invested in Bitcoin because I believe in the technology, which in the long term will likely replace our current system.
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November 04, 2015, 02:55:05 PM
 #26

Personally, I think cryptocurrency will be a major player in the monetary system of the future.

But, to answer the initial question, I opted for No. Bitcoin is too conservative, I don't think it will be No. 1 after ~ 2020. PoW Mining is a too inefficient blockchain securing mechanism.

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November 05, 2015, 02:29:57 PM
 #27

Yes. I believe so but in the FUTURE

I think some people would love to see that happen rapidly but it's not going fast enough for them

You can't just change currency's when you're used the currency of your country.

It will be hard for some people to adjust to this, especially the elderly

But yes, in the end I do believe that BTC will become the world's future money system even though I can't vote for the poll yet, hence my post.
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November 06, 2015, 09:44:36 AM
 #28

Yes I do, BTC is good to have.

Example: If you want to send money in other country is cheaper.

Plus with alot of technolgy why shouldn't BTC the future money I think it will but not that soon.
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November 06, 2015, 10:14:55 AM
 #29

I believe in it tha Bitcoin well be the money of the future.

But I think it won't happend soon :/

Still we can have Bitcoin so that is good that we can use it.
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November 06, 2015, 10:39:34 AM
 #30

I don't think bitcoin will completely replace the future money system, probably will be a catalyst for the evolution of the current money system
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November 06, 2015, 08:06:22 PM
 #31

Do I want bitcoin to replace FIAT? No, not entirely at least. Fiat has some characteristics that I like, mainly, it is analog, and for bitcoin to take over we don't have enough tech ready.
I yesterday tried to send some btc and my transactions need couple hours to confirm, I don't want our only payment method to be hit-and-miss like BTC can be at times.
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November 06, 2015, 08:09:34 PM
 #32

100% No. Different governments will not settle for a brand new currency that they do not have control over .Their current system is working as is so there's not point in changing it.

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November 06, 2015, 08:44:05 PM
 #33

Nope. It has the potential to be a major player but there's no shortage of hurdles for it to overcome before then. Its innovations will help national currencies sharpen up their act but as long as countries exist they'll have currencies they can control.
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November 07, 2015, 12:30:53 AM
 #34

The world is globalising 1 currency could benefit everyone.

A currency run by the Chinese? Nope you need at least 4 G7 countries to give it a chance.
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November 07, 2015, 01:26:14 AM
 #35

Ofcourse YESS!!!!!

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November 07, 2015, 03:03:05 AM
 #36

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

Well if its gonna become a currency then the government would be a loss because this is not taxable.

There is a chance that it would be banned if it were to be an official currency.haha. but who knows someone will adopt this.

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November 07, 2015, 04:55:46 AM
 #37

Of course! Why else would i be here if i didn't believe in it's potential. It is just a matter of time for it to take over the rest of the world's currencies and be the number 1 choice to use.
It is still in it's infancy stage but time will make it mature such as it's predecessors before it.




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November 07, 2015, 07:45:13 AM
 #38

BTC has become so much famous and popular in so much less time. People have been using it thoroughly now and people are earning it through trading or mining.
I do believe that bitcoins will become the future money system because of their flexibility and optionality it provides. It has proven itself to be a safe currency and is now used in many countries for transactions, though it is illegal in some countries but many countries have accepted it as a global currency. So, I think will be the world's future money system.
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November 07, 2015, 02:57:34 PM
 #39

I've said this before but I'll share it here. I don't think we want BTC to become the world's money system. The people in this world that have power, seek power, and manipulate the system either for their benefit (in monetary terms) or to make a name for themself will find a way to do it to Bitcoin.

We don't want the powers that be sitting in a room figuring out how they can control Bitcoin. But if Bitcoin becomes the world's money system that's EXACTLY what we'll have.

Let's let Bitcoin be the money/commodity system of alternative that Governments are OK with having operate alongside their existing, powerful, never weak fiat systems.  Kiss

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November 08, 2015, 01:14:01 AM
 #40

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