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Author Topic: Why Bitcoin is the best future currency?  (Read 15001 times)
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May 16, 2016, 03:51:13 AM
 #101

The fact that no physical currency is involved does not make it the best currency in my opinion.
It's specifically the technology behind it and the decentralized nature of Bitcoin that make it the best future currency.
yeah decentralization make different bitcoin. although bitcoi created by someone but the creators can not control the bitcoin. and bitcoin could stand alone and dependent on the user.
more and more users, then the price will be higher bitcoin. this is the difference from other currencies


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May 16, 2016, 04:09:27 AM
 #102

It's called the future because it is uncertain. Saying BTC is the best future currency is like saying I'm gonna be rich tomorrow. We all know that BTC has very good technology to back it, and supporters are increasing by the day. But with it being in its early stages, it's hard to tell if BTC will indeed be the best of its kind. We might wake up one day with a better version of crypto currency being touted as the next big thing.
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May 16, 2016, 04:19:36 AM
 #103

Bitcoin is spreading all over the world day by day. before five years bitcoin price was 30$ but now it is 450$. After 5 more years it will rise more and it will become the best future currency.
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May 16, 2016, 09:20:31 AM
 #104

It gives digital access as there is no need of conversion when people travel country to country. I feel this reason stands first when we think of bitcoin to be the best future currency.

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May 16, 2016, 09:26:27 AM
 #105

Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.

Huh? Huh
Got sauce for this wackiness?
Bitcoin market cap is currently $7,120,170,555 with 15,548,125 BTC mined.
Paypal market cap is estimated to be over $50 billion (Paypal market cap was exactly at $46.6 billion in July 2015).



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May 17, 2016, 05:13:16 AM
 #106

It's called the future because it is uncertain. Saying BTC is the best future currency is like saying I'm gonna be rich tomorrow. We all know that BTC has very good technology to back it, and supporters are increasing by the day. But with it being in its early stages, it's hard to tell if BTC will indeed be the best of its kind. We might wake up one day with a better version of crypto currency being touted as the next big thing.
Exactly. I don't quite get where the idea that bitcoin is the 'best future currency' came from because it just basically disregarded that there is no room for new 'bests'. It just removed the possibility of something better that might come by the next few decades, centuries even. But as far as I can see, bitcoin is the best future currency for our generation.
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May 17, 2016, 05:19:03 AM
 #107

You can have your own bank account in a few minutes , I mean how cool is that?
Without leaving your home.
Bitcoin made it happened for me.

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May 17, 2016, 05:25:06 AM
 #108

It gives digital access as there is no need of conversion when people travel country to country. I feel this reason stands first when we think of bitcoin to be the best future currency.


Yeah i couldn't agree more with you dude, bitcoin use  internet access connection and don't need to make conversations if you want to transact some bitcoin, also the price is very low.

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May 17, 2016, 05:31:19 AM
 #109

It is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

It is also easy to set up a wallet and it's completely transparent. Details of every single transaction that ever happened in the network is recorded and stored in the ledger/blockchain.
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May 17, 2016, 05:45:46 AM
 #110

Because it was sent back in time to save us from the New world order. John Titor traveled back in time from 2030, and gave the bitcoin code to Satoshi. To save humanity from NWO control, and WW3.  Cool
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May 17, 2016, 06:00:43 AM
 #111

It is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

It is also easy to set up a wallet and it's completely transparent. Details of every single transaction that ever happened in the network is recorded and stored in the ledger/blockchain.

Yes! it is decentralized, and anonymous too! Transactions are transparent but being anonymous also give some bad reputation to bitcoin. Like using bitcoin as a MOP for deep web activities. It would be good if in the future, goverment security agencies will have some tool to locate physical address from the sender up to the receiver of a transaction, which can be use for security enforcement cause AFAIK there's no way to do that now.

 "With great power comes great responsibility" - Bitcoin lol.

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May 17, 2016, 06:11:17 AM
 #112

Because it was sent back in time to save us from the New world order. John Titor traveled back in time from 2030, and gave the bitcoin code to Satoshi. To save humanity from NWO control, and WW3.  Cool
Is it true ?i only know that john titor is a time traveller but that is only a conspiracy theory that has blnot been proven.but if that reason will save humanity that will be a good one.


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May 17, 2016, 09:14:53 AM
 #113

The fact that no physical currency is involved does not make it the best currency in my opinion.
It's specifically the technology behind it and the decentralized nature of Bitcoin that make it the best future currency.
yeah decentralization make different bitcoin. although bitcoi created by someone but the creators can not control the bitcoin. and bitcoin could stand alone and dependent on the user.
more and more users, then the price will be higher bitcoin. this is the difference from other currencies
Bitcoin is digital money and as you also can see now you see also that there will be more people that is going to use some Bitcoin so that is perfect.
But we have also to promote it more and that is important to make it also more popular.
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May 17, 2016, 09:26:59 AM
 #114

Bitcoin is the future because its fully digital and is getting more popular everyday globally, I think there is a good chance that the bitcoin is gonna rise to a higher amount and is becoming a currency.
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May 17, 2016, 09:29:47 AM
 #115

Physical money is still the very best currency because many people select dollars because it has law and rules by the top strongest ecomonic country in the world while bitcoin is just an e-currency and only cam be called the best crypto currency existing.

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May 17, 2016, 09:32:28 AM
 #116

Since bitcoin has beat paypal in terms of volume it's clear where the potential is... Bitcoin.

Huh? Huh
Got sauce for this wackiness?
Bitcoin market cap is currently $7,120,170,555 with 15,548,125 BTC mined.
Paypal market cap is estimated to be over $50 billion (Paypal market cap was exactly at $46.6 billion in July 2015).


He is talking about transaction volume in terms of $$$.

Bitcoin transaction volume last 30 days 53,900,000 BTC = around $23,700,000,000

PayPal transaction volume last 30 days = $26,600,000,000

Bitcoin is very close.

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May 17, 2016, 01:37:38 PM
 #117

The best reasons are:
No physical currency involve!
yes its a benefit for people to use bitcoin,and its why bitcoin match for future payment,its has no physical,just like bring big amount of money in small device,and now with bitcoin people no nee do bring anything when they want to bring so much money.

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May 17, 2016, 01:52:17 PM
 #118

Bitcoin is the future because its fully digital and is getting more popular everyday globally, I think there is a good chance that the bitcoin is gonna rise to a higher amount and is becoming a currency.

Yup, I also think that Bitcoin has a very good future, because the future of each transaction and the payment will be using Digital and Bitcoin present to give a solution of the problem of payment/transaction.


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btcltccoins
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May 17, 2016, 02:19:33 PM
 #119

I agree, Bitcoin has indeed improved my life as well; I now use it to make most of my transactions online. It would be quite sufficient and benefiting if it continues to grow in popularity so that more and more companies are able to accept it as a means of payment. If it becomes an acceptable currency in my country; I would use it to even, make purchases for shopping with a bitcoin debit card. Here’s to a hopefully bright bitcoin future.
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May 17, 2016, 02:30:29 PM
 #120

The best reasons are:
No physical currency involve!

Most likely bitcoin will not be the future of currency, but Satoshi will forever remain the creator that planted the seeds.

The protocol is now spawning into a wide array of diversified alternatives, and it will be this 'currency class' that captures the future.

~~

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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