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Author Topic: Is bitcoin is the new era of currency?  (Read 72072 times)
BitFinnese
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December 06, 2016, 02:49:13 PM
 #161


I agree there are some news and articles about banks and some big companies getting interested in Bitcoin blockchain technology.  They had announced that they are interested and in the process of studying the impact of implementation of blockchain technology in their system.  This is a good sign that they are being influenced by the technology of Bitcoin.

Sorry I disagree. If big companies or financial institutes are employing blockchain technology then only to cut costs or get their internal work flow more efficient. But the product they sell (fiat or what ever) will still be centralized (proprietary). Banks can still block your account and the user is still extradited. Blockchain technology used by big companies has nothing to do with the success of bitcoin as a currency at all...

I wonder where are you disagreeing in my post, there is no where i said that the blockchain this banks or companies planning  is decentralized,  I just said they are interested in the technology and studying on how to implement it  to their advantage.

Don't cut what I quoted.


I dont think Bitcoin will be the future, but the technology behind it might very well be. Smiley

I agree there are some news and articles about banks and some big companies getting interested in Bitcoin blockchain technology.  They had announced that they are interested and in the process of studying the impact of implementation of blockchain technology in their system.  This is a good sign that they are being influenced by the technology of Bitcoin.
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December 06, 2016, 02:58:13 PM
 #162

You could say that. Yes, all that you are thinking about bitcoin can happen in the future. There are stores already who accepts bitcoin as the payment and it is also possible that all of the stores around the world will accepts bitcoin as the payment on every thing that we would buy.
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December 06, 2016, 03:24:03 PM
 #163

Maybe bitcoin could be a new era of currency. Bitcoin could be an alternative currency for online payments because if developed will be very easy to purchase goods online with bitcoin. I'm sure if some of the bitcoin system updated and many use bitcoin will be able to use bitcoin as an alternative method of payment of money. It's already started some stores both online and offline already using bitcoin payments, in the future I believe already started a lot of use.
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December 06, 2016, 09:10:26 PM
 #164

I agree if they a lot more merchants then it could be huge. But that is a big if! And it will take a very very long time probably. But I hopes it do happen.
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December 06, 2016, 10:12:51 PM
 #165

Yeah bitcoin is the new era of money and we can use it or send it anywhere in any corner of the world without any worry and bitcoin we hope that bitcoin future will be more stronger and i feel too much different and wonderful in bitcoin.
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December 08, 2016, 09:50:26 AM
 #166

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
i think bitcoin indeed new money , i don not about buy everything in future but i think if you save for future . be it investment
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December 08, 2016, 10:33:13 AM
 #167

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Buying foods I wish too maybe someday when one bussiness man open this idea. But now bitcoin is much interesting than paper money we use worldwide.
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December 08, 2016, 10:45:28 AM
 #168

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
I think bitcoin has a very high potential of becoming global universal money. However, the are some problems which need to be solved, before we could use it in supermarkets. The main problem is taxation. The government gets some taxes from any food we buy. If it starts accepting btc payment it has to take some of the money. The second is anonymity. Yes, you can buy something for cash in a shop. But if you use your btc wallet then they can at least know its number and how you look like. Then if your wallet has lots of money, you may have problems.

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December 08, 2016, 11:25:11 AM
 #169

Yes, bitcoin in Money 2.0 but yet we have to reach a new milestone and that if far away. Bitcoin is something that has the potential to work as a solution for the drawbacks in fiat currency, and hence I see a great picture in next decade but still we have to work for it. We as a community should build more and more awareness to make a concrete base of bitcoin users and to be the first cryptocurrency users; it’s our responsibility to guide newcomers.
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December 08, 2016, 11:34:37 AM
 #170

Yes.Bitcoins is new generation digital money.Bitcoin is now accepted on sone shops,fast food chains and some online ahops.Bitcoin can now be use to buy foods now so you dont have to wait more
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December 08, 2016, 11:59:22 AM
 #171

I agree that bitcoin is the new era of currency.  With bitcoin technology, it somehow influence alot of big company and even banks.  They even studying the possible implementation of it to their system.  Aside from that I am sure at this point bitcoin had already made many financial system obsolete.

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dearbesz1219
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December 09, 2016, 04:50:45 AM
 #172

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

True that nowadays bitcoin is very trend in the different countries espcially in Australia, canada, china, and etc. Therefore there is a chance that bitcoin in the long run can be a future or new currency worldwide.
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December 09, 2016, 07:51:13 AM
 #173

After the existence of the bitcoin everything related to transactions become easier. I can send and receive money from different countries without having to bother the time using a bank account.
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December 11, 2016, 02:39:52 AM
 #174

Yess with bitcoins becoming more and more popular these days .there are chances that people will get much interest in it and start investing in it.its more interesting because international fees take minor fees
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December 11, 2016, 03:16:20 AM
 #175

hmmm , but i hope charge with exchange btc minimum , i dont know must pay 0,0001 ~ 0,001 btc for exchange
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December 11, 2016, 03:24:27 AM
 #176

Well, you could say that. because, with the famous bitcoin, it very much appears altcoin, even very much to develop a new coin to make it into currency. well, but for now, bitcoin still has the highest prices. but, I am not sure if this will last in a very long period of time, or will there altcoin that has a price that exceeds the price of bitcoin, and will be recognized as a new currency.

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December 11, 2016, 10:33:45 AM
 #177

No doubt that bitcoin has revolutionized the way we use internet and how we pay and accept payments since its appearance , since the security breaches in many banks and the demand of personal data whenever you need to buy something off the internet , made people look for a better alternative to pay without exposing their identity which compromises their bank accounts and personal life get hacked , and the best solution was bitcoin since it has more value and easy to use and provides anonymity when used, people get hyped over the thought that they can pay easy and fast   
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December 11, 2016, 11:02:42 AM
 #178

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

actually nothing's impossible for that to happen , after the bitcoin has reached the full adoption world wide we may be able already to use it directly whenever we are going to buy foods and beverages, some stuffs or anything we need and we want . bitcoin is already a new money which alternate for fiat we just need to wait until it is spread world wide .
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December 11, 2016, 11:13:14 AM
 #179

Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

actually nothing's impossible for that to happen , after the bitcoin has reached the full adoption world wide we may be able already to use it directly whenever we are going to buy foods and beverages, some stuffs or anything we need and we want . bitcoin is already a new money which alternate for fiat we just need to wait until it is spread world wide .

Governments accepting an anonymous currency worldwide? Good luck with that. They never agreed giving us the freedom we wanted and needed, and I don't think that will change soon either. Bitcoin is the freedom I wanted and I guess soon we will have it either banned by governments or they will create a new cryptocurrency to compete with Bitcoin, with the idea of it "being more safe and secure".

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December 11, 2016, 12:01:18 PM
 #180

After the existence of the bitcoin everything related to transactions become easier. I can send and receive money from different countries without having to bother the time using a bank account.
yep bitcoin very good when used in online store but bitcoin can't use in local shops, many of the government has not approved bitcoin

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