sarfy (OP)
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June 02, 2016, 06:53:46 PM |
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Is bitcoin a future proof currency?
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No Gods or Kings. Only Bitcoin
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sase007
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June 02, 2016, 06:57:15 PM |
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What do you mean by "future proof"? If you mean will it last, then it should do. However, nothing is certain and the price is very volatile!
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fortunecrypto
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thecryptocurrency.directory
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June 02, 2016, 07:01:55 PM |
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Is bitcoin a future proof currency?
We are now in the future yes,but we cannot predict what will happen 3 or 5 years from now maybe a new coin with revolutionary features that could over shadow what bitcoin is offering to it's users now..
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amacar2
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June 02, 2016, 07:11:37 PM |
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Is bitcoin a future proof currency?
future proof? its better you call bitcoin a future digital currency and i am sure it gonna be used as gold by some government. As you can see american and australian government are running auction to sell all arrested bitcoins from illegal transaction. Even government know the value of bitcoin.
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Carlton Banks
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June 02, 2016, 07:19:14 PM |
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How much future do you need? It's only as good as the tools to undo it are bad. And at the moment, the tools to undo it are bad, hence the continuation of the network. But new cryptographic insights are discovered all the time, so Bitcoin has to outrun/keep up with those new developments that do threaten it's security model. The Core dev team are acutely aware of many such problems on the horizon, as evidenced by the recent "Quantum computing threat means invalidating Satoshi's BTC" controversy.
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Vires in numeris
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lister storm
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June 02, 2016, 09:14:25 PM |
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Is bitcoin a future proof currency?
i guess it is future proof if you mean a question if it is going to be profitable and popular in the future, then the answer would definitely be yes because bitcoin is the currency of the future i think that bitcoin is going to replace all worlds money because the technology is really great and it is impossible for governments to have impact on bitcoins also its impossible to hack this technology
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gentlemand
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Welt Am Draht
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June 02, 2016, 09:27:18 PM |
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i think that bitcoin is going to replace all worlds money because the technology is really great and it is impossible for governments to have impact on bitcoins also its impossible to hack this technology
I think there's a potential bright future. I don't think it's going to be replacing other money anywhere near our lifetimes. Governments could do plenty to strangle it if they chose to. Right now all they have to do is shut down all the exchanges and it's pretty much good night. A small hard core of Bitcoin only commerce might remain but most users and almost all businesses would fall away.
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nihilnegativum
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June 02, 2016, 10:21:32 PM |
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Not even the universe is future-proof.
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Wapinter
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June 02, 2016, 10:24:07 PM |
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Is bitcoin a future proof currency?
Bitcoin has everything that can sustain it.Bitcoin will definitely stay if it has it's users trust
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Alley
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June 02, 2016, 10:26:38 PM |
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No, i dont see it lasting more then a couple thousand years.
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Carlton Banks
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June 02, 2016, 11:42:00 PM |
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i think that bitcoin is going to replace all worlds money because the technology is really great and it is impossible for governments to have impact on bitcoins also its impossible to hack this technology
I think there's a potential bright future. I don't think it's going to be replacing other money anywhere near our lifetimes. Governments could do plenty to strangle it if they chose to. Right now all they have to do is shut down all the exchanges and it's pretty much good night. A small hard core of Bitcoin only commerce might remain but most users and almost all businesses would fall away. You realise that Bitcoin does not exist in a vaccuum? That other trends exist that put that scenario in doubt? The only way Bitcoin will fail to replace other currencies in your lifetime will be if you're already almost dead.
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Vires in numeris
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pearl11
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June 02, 2016, 11:55:33 PM |
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No one could tell it by now,since half of people around the world do not know bitcoin yet but bitcoin making its name on the internet everyday to those who do not know it..and maybe we need more years to be able to know all people around the world what bitcoin is.
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iv4n
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June 03, 2016, 12:14:33 AM |
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Is bitcoin a future proof currency?
"proof currency" well I think you mean that people and countries recognize and accept BTC as real currency, and to allow using BTC in their shops. I think that can be possible, bitcoin is universal. Just in my opinion we will not be alive to see that, maybe some countries will do it in future, but for all countries to do that I think its hard. I believe bitcoin is currency already, you can do a lot of things with bitcoins now, just like with any other currency. I don't see a difference. In recent times when I receive paycheck or some other income, or I pay something with my currency, in my head I calculate how much is that in bitcoins. Just for fun 1 BTC is 59 441 Dinara ( my currency ). I work for half of that every month, maybe even less..
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Velkro
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June 03, 2016, 12:49:51 AM |
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Is bitcoin a future proof currency?
I would risk answer, that nothing is future proof. Someone can think that something is future proof, but there is no such things by me. Only time will tell what will happen to bitcoin. Future is bright, but again, by me.
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bitkilo
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https://www.bitcoin.com/
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June 03, 2016, 12:55:42 AM |
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No, i dont see it lasting more then a couple thousand years.
Well that's good then because i don't know of many other currencies that has lasted more than a couple of thousand years.
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Viyamore
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June 03, 2016, 01:21:49 AM |
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Is bitcoin a future proof currency?
What do you mean by future proof ? But if you point that bitcoin to be use or proof as a currency ,i think that would be takes more time and years to be. For the future of bitcoins was the best expectations.
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wintermeasures
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June 03, 2016, 01:39:45 AM |
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Is bitcoin a future proof currency?
I think it is not possible, as we know currency bitcoin until now are still considered the money criminals even been banned in some countries. With the persistence of such assumptions, the bitcoin as the future of money I think has not been able to. Thank you
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gilangIDR
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June 03, 2016, 01:55:33 AM |
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yes bitcoin has a very good future at all. bitcoin digital currency into the largest and most widely used by people in this world.
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Superbitzz
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June 03, 2016, 03:59:55 AM |
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to me the future of bitcoin is quite bright. specially in present days the bitcoin position shows that it will have a bright future. its time to buy a number of bitcion in these days. the prediction is that it will raise more. if we look at the interest of the people it shows that now people are taking interest in bitcoin
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pooya87
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June 03, 2016, 04:06:46 AM |
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nothing is certain about the future not about bitcoin and not about anything else. but bitcoin is an open source project that developers are working on it, so it is improving over time and if you are thinking about anything particular that you think can be a problem in the future (as there are many topics about it), i am sure there will be a solution for it.
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