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Question: Did Bitcoin revolutionize the concept of money?
Yes, it is an entirely new form of money - 82 (78.1%)
No, there's nothing new conceptually - 23 (21.9%)
Total Voters: 105

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Author Topic: Next generation money  (Read 16666 times)
Naoko
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November 09, 2017, 03:20:29 PM
 #401

Cryptocurrency as a technology is emerging as a new form of money and has potential to compete with fiat currencies all over the world but it won’t be threat to the existence of fiat currencies. Gold, oil or other commodities are different than cryptocurrencies although those are one of the popular investment destinations I don’t see them as equal to cryptocurrencies. Trading in exchange of gold or other commodities is like trading with barter system but bitcoin is other than that as it has significant similarities with the concept of money
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November 09, 2017, 11:19:46 PM
 #402

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented

Surely it is the next generation of money. Faster transaction and safer storages. Bitcoin being decentralize attracts user and its pricing is one of its key feature. One day we might see establishments offering service via bitcoin on a massive scale.

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November 23, 2017, 08:20:30 AM
 #403

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented
I think so on my own the next generation money would be digital coin or a chips that could easily transact all things to do in electronics transaction and to control also and monitor the moves of every human being in this earth.That if we have one money to operate to all the world for the convenience tall mankind.
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November 23, 2017, 09:04:29 AM
 #404

not in the absolute sense, but i think it revoluzionaze the way you handle money, because it is based on trustless mechanism, and don't rely on a centralized authority, also gold is not centralized when used, and never was, bitcoin instead is always decentralized when used

I agree, what makes up bitcoin describes it as a new look to the way we see currencies. Bitcoins has a system that is incomparable to regular currencies and gives more freedom to its users. Bitcoin started the change as it leads the word of cryptocurrencies, I just hope it would still remain on top regarldless of alt coins out there.

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November 23, 2017, 09:15:01 AM
 #405

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented
I think so on my own the next generation money would be digital coin or a chips that could easily transact all things to do in electronics transaction and to control also and monitor the moves of every human being in this earth.That if we have one money to operate to all the world for the convenience tall mankind.
Bitcoin system can give convenience to us because you can easily use it, however we have a big problem with the miners fee as the price of bitcoin getting expensive its transaction fee also follows. I know this will be solve in the future but I hope it will happen soon because there are other cryptocurrency that are decentralized and offers cheap transaction fee, we do not want to be overtaken in terms of popularity because the demand will surely decrease.

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November 23, 2017, 09:21:47 AM
 #406

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here also...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys, what you think about the truly new money that is yet to be invented or implemented

I think that the real money is the ones that are decentralized. Over the years people have been going back and forth between good money(money that is not controlled by government) and fiat currencies.

And bitcoin in my opinion is the next gen good money. Just like gold.

Indeed, you are right. Bitcoin has a criteria to replace the current currency we had it now but we just don't know when will gonna happen. Though now it is very trending and popular all around the world. And more investors are coming unto it and users also more increasing.
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November 23, 2017, 09:34:40 AM
 #407

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here also...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys, what you think about the truly new money that is yet to be invented or implemented

I think that the real money is the ones that are decentralized. Over the years people have been going back and forth between good money(money that is not controlled by government) and fiat currencies.

And bitcoin in my opinion is the next gen good money. Just like gold.

Indeed, you are right. Bitcoin has a criteria to replace the current currency we had it now but we just don't know when will gonna happen. Though now it is very trending and popular all around the world. And more investors are coming unto it and users also more increasing.
Bitcoin will never replace the current currency of ours in this world because bitcoin is not enough to replace it since it has a limited amount of supply and it is not created to be used by almost all the people since if we are going to compare the supply of 21 million to billions of population of the people then we can easily see that even in supply alone, we know that it is not enough to replace the current currency.
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November 23, 2017, 10:22:44 AM
 #408

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented

Crypto is a currency and you can buy or purchase any items/products or service as fiat is being used. Bitcoin has been legal for many countries and it is approved and able to exchange to fiat. In connection to the next generation money, i'm guess that it will remains and many cryptocurrencies will arise. But bitcoin will still increase and still remains.

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November 23, 2017, 10:27:47 AM
 #409

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here also...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys, what you think about the truly new money that is yet to be invented or implemented

I think that the real money is the ones that are decentralized. Over the years people have been going back and forth between good money(money that is not controlled by government) and fiat currencies.

And bitcoin in my opinion is the next gen good money. Just like gold.

Indeed, you are right. Bitcoin has a criteria to replace the current currency we had it now but we just don't know when will gonna happen. Though now it is very trending and popular all around the world. And more investors are coming unto it and users also more increasing.
Compared to the fiat currency thats been used around the world, what we have is very small. So, at present there is no need of thinking about replacing of paper money with bitcoin or some other digital currencies. Already the ongoing generation has used to digital assets as well paper money. Maybe from the upcoming generations change might get as most things were getting digitalized.

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November 23, 2017, 11:20:29 AM
 #410

I believe cryptocurrency is a new money generation which is natural  and dictated by new era of society development
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November 23, 2017, 11:26:43 AM
 #411

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented

My thinking is that, was Gold like bitcoin? Or can they be quantified?

Gold is handled, touched , seen and felt. Again ,Gold is not used as money but a show of affluence.

Bitcoin is specifically made to be used as money and its technological is of blockchain, totally different from Gold.
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November 23, 2017, 11:30:38 AM
 #412

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here also...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys, what you think about the truly new money that is yet to be invented or implemented

I think that the real money is the ones that are decentralized. Over the years people have been going back and forth between good money(money that is not controlled by government) and fiat currencies.

And bitcoin in my opinion is the next gen good money. Just like gold.

Indeed, you are right. Bitcoin has a criteria to replace the current currency we had it now but we just don't know when will gonna happen. Though now it is very trending and popular all around the world. And more investors are coming unto it and users also more increasing.
there a lot of problem should be fixed and improved when we want bitcoin to become a real currency which used widely . i can predict it requires more than 50 years for anybody to adopt bitcoin in their daily lives , too much doubt for now on how people look at bitcoin.

they want someone to regulate bitcoin so they could feel safe which it is impossible Sad .

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November 24, 2017, 10:36:13 PM
 #413

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here also...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys, what you think about the truly new money that is yet to be invented or implemented

I think that the real money is the ones that are decentralized. Over the years people have been going back and forth between good money(money that is not controlled by government) and fiat currencies.

And bitcoin in my opinion is the next gen good money. Just like gold.

Indeed, you are right. Bitcoin has a criteria to replace the current currency we had it now but we just don't know when will gonna happen. Though now it is very trending and popular all around the world. And more investors are coming unto it and users also more increasing.
there a lot of problem should be fixed and improved when we want bitcoin to become a real currency which used widely . i can predict it requires more than 50 years for anybody to adopt bitcoin in their daily lives , too much doubt for now on how people look at bitcoin.

they want someone to regulate bitcoin so they could feel safe which it is impossible Sad .
really pack a lot or need improvement to be something that will be international in a real way and it certainly is not easy because it must be able to grow a sense of security to its users widely Cheesy

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November 24, 2017, 11:17:51 PM
 #414

Money need to pay interest and represent value of economys,national currencys need to stay,but dervatives and debt have to be limited
Next money is big value to us. Because everything that we used in this world money is the one. But, if you used money just be wised to spend. Just think the future, and teach young people how to be wise.
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November 24, 2017, 11:24:55 PM
 #415

Crypto is the next form of money.  Soon fiat is in the form of digital currency. I heard russia and china is on the way from creating it.
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November 28, 2017, 06:13:28 PM
 #416

Nothing to consider as when you say est gld cin itwill be the only one, bitcoin.Absolutely nothing to prove because it speaks and show itself on the market and to the people how powerful it is. Bitcoin will master more within the the future of crypto forex and many things will be happen. boo
As we are watching around us that people are going smarter day to day , the like new idea to use and get relaxation from the new idea. 20 year before people were using paper money and then credit card is introduced and now people like credit card to not so much not paper money. Now when bitcoin is introduced the people like it due to its unique qualities and in the future people will like to use bitcoin not credit card etc.
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November 28, 2017, 06:17:04 PM
 #417

Bitcoin Is  the Nxt Generation Money .All Those Decentralized Money Is NXt Generation Money.Bitcoin Money Is safe Money.No One  wants to carry Cash Money So that Cryptocurrency Is provide A lot Of Facilities For Us.

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November 28, 2017, 06:46:28 PM
 #418

I see only one global innovation, which brought cryptocurrencies - the opportunity to earn them (mining).
Otherwise, there are not many differences from conventional electronic payment systems.
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November 29, 2017, 10:41:09 PM
 #419

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented
Bitcoin will set as next generation money and all crypto community believe that it will be the next international currency that will beat US dollar. Many of us will convert bitcoin from their local currency because they want to get/earn money in form of bitcoin but technically it is definitely true that is why I am here, bitcoin enlighten my mind.













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November 30, 2017, 03:31:20 AM
 #420


It's fascinating to acquire these much information about BTC that's usually blocked from the public. Bitcoin could really be the next generation money, and it won't be long now.
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