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Author Topic: Is bitcoin is the new era of currency?  (Read 72014 times)
Maslate
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August 21, 2017, 08:30:33 AM
 #1061

Most of us agreed that this bitcoin or cryptocurrencies are the new era of currency. Its virtual currency that we can own and used to buy in online transactions. This is the way of the future, and we are in the earliest era of it.We are lucky enough that we witness it in our time IMHO.
Bitcoin can be the currency of future. Its users are increasing with time but still it is not used for daily purchases. Although, many companies like Uber have started accepting payments in the form of BTC from their customers but still the ratio between fiat usage and BTC usage is huge. There will be a time when bitcoins will be used in small transactions and then it will surpass fiat.
In that aspect we need the government to regulate bitcoin so people would use it without any fear.
Bitcoin is now very popular especially in bigger countries and when they can considered it as legitimate coin which means
they will regulate it, then for sure it would be easier for smaller countries to adopt soon.

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Rizky Aditya
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August 22, 2017, 05:14:00 AM
 #1062

I think yes because much people now invest and trust to bitcoin and bitcoin price continued rising
It's make bitcoin had enough potential to be new era of curreny i think
Bitcoin is not the new era of currencies and won’t be replacing any currency in the world. It will be a reliable platform for investment, and for making quick transactions.
For it to be a currency, it would require the government to regulate and charge taxes for it, which would be too bad for everyone. So those of you releasing these kind of Jargons should stop it for God’s sake please.
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August 22, 2017, 05:24:50 AM
 #1063

Most of us agreed that this bitcoin or cryptocurrencies are the new era of currency. Its virtual currency that we can own and used to buy in online transactions. This is the way of the future, and we are in the earliest era of it.We are lucky enough that we witness it in our time IMHO.
Bitcoin can be the currency of future. Its users are increasing with time but still it is not used for daily purchases. Although, many companies like Uber have started accepting payments in the form of BTC from their customers but still the ratio between fiat usage and BTC usage is huge. There will be a time when bitcoins will be used in small transactions and then it will surpass fiat.
In that aspect we need the government to regulate bitcoin so people would use it without any fear.
Bitcoin is now very popular especially in bigger countries and when they can considered it as legitimate coin which means
they will regulate it, then for sure it would be easier for smaller countries to adopt soon.
Lol , bitcoin will never be regulated by anyone , by anything!
The basic concept is about decentralization where everything done by us not with one side only ,
To make people not fear or feel insecure government simply make a statement that bitcoi  is really considered as a currency and they will afopt it ,
Not by trying to regulate it , really won't happened!
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August 22, 2017, 05:34:49 AM
 #1064

I think bitcoin is more convenient in the future since there will be a digital revolution which could benefits us. This has more secure transactions, hides your identity, faster transactions and the only problem is that the transaction is irreversible but it not a big deal if you properly check the address or wise decision making. Also if the transaction will be reversible then it could control your account like in centralized money. WE could be one if we have only one currency of money. The power of fiat could determine if the country's wealth (I don't know if this applies to yen and won but still their country is still wealthy) but if we only consider bitcoin as global currency it would be the new era of currency.

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August 22, 2017, 05:51:50 AM
 #1065

Most of us agreed that this bitcoin or cryptocurrencies are the new era of currency. Its virtual currency that we can own and used to buy in online transactions. This is the way of the future, and we are in the earliest era of it.We are lucky enough that we witness it in our time IMHO.
Bitcoin can be the currency of future. Its users are increasing with time but still it is not used for daily purchases. Although, many companies like Uber have started accepting payments in the form of BTC from their customers but still the ratio between fiat usage and BTC usage is huge. There will be a time when bitcoins will be used in small transactions and then it will surpass fiat.
In that aspect we need the government to regulate bitcoin so people would use it without any fear.
Bitcoin is now very popular especially in bigger countries and when they can considered it as legitimate coin which means
they will regulate it, then for sure it would be easier for smaller countries to adopt soon.
After government accept Bitcoin, they will find the way for helps stable price of Bitcoin and control volatility of it stable too. Because they understand many people in their country worry about this issue, and they do not want try risk if they use Bitcoin.
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August 22, 2017, 12:36:10 PM
 #1066

Bitcoin isn’t only the new era of currency, it is the new currency. It is the only currency that you can hold and be assured of it increasing by the next day. So you see its not only the new currency, it is the new wealth maker.
Rinder
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August 22, 2017, 01:13:36 PM
 #1067

I do believe sooner or later all countries will recognize bitcoin as a currencie as well a store of value like gold and others. Digital transactions are growing a lot on the last years, and its normal it will keep growing, even banks are already providing a lot services to be done online. The future will be online, bitcoin has just pushed those ahead several years, but the most amazing is bitcoin is a decentralized currencie, even with big players around it, it does prove to all something must change into management way of countries.
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August 22, 2017, 01:18:35 PM
 #1068

Bitcoin isn’t only the new era of currency, it is the new currency. It is the only currency that you can hold and be assured of it increasing by the next day. So you see its not only the new currency, it is the new wealth maker.
It seems promising, that can make us rich, the fact that we often hear bitcoin can make rich people in a short time, I agree that bitcoin is a commodity rather than a new era of currency.


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August 22, 2017, 01:26:13 PM
 #1069

Bitcoin isn’t only the new era of currency, it is the new currency. It is the only currency that you can hold and be assured of it increasing by the next day. So you see its not only the new currency, it is the new wealth maker.
It seems promising, that can make us rich, the fact that we often hear bitcoin can make rich people in a short time, I agree that bitcoin is a commodity rather than a new era of currency.
I don't think that a currency's main purpose is to make money out of it, a currency to be able be classified as one needs to be a form of medium of exchange for the most of people, right now they are seeing Bitcoin as a form of investment which Bondi Kompeni is correct. Also Bitcoi  to be able be even considered the new era of currency must be stable so that your income or expense does not become inaccurate.
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August 22, 2017, 01:37:26 PM
 #1070

yeah bitcoin can be new era of currency in future. now days some of websites accept bitcoins but in future maybe increase no. of sites whose accept bitcoin as currency.
because people are aware about bitcoin more than past years and know bitcoin value.

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August 22, 2017, 02:20:35 PM
 #1071

As bitcoin is trending all over the globe this can be considered as the currency of the century, like othercurrencies bitcoin can be bought and sold in exchange for fiat currency. Bitcoins can be bought using credit card or through bank, after purchase of bitcoin it can be transferred to your personal wallet which can only be used by the user and that  bitcoin can be used to purchase goods or for trading.
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August 25, 2017, 11:08:07 AM
 #1072

Bitcoin isn’t going to be the new era of currency, but the bringer of the new era and the game leader. Bitcoin was the first ever cryptocurrency before others joined in the league. It has changed the way in which transactions are being carried out
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August 25, 2017, 12:46:15 PM
 #1073

I think its a big yes because bitcoin is so popular in all country becuase you can get money here so easy.  but many people dont know about bitcoin. But i think if all people know about bitcoin i think the bitcoin is our currency in the new era .
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August 25, 2017, 12:54:15 PM
 #1074

By looking at the development of bitcoin at the moment, I'm sure in the future bitcoin is the main currency on the internet and I'm sure if bitcoin is getting more advanced, then shopping like buy the food you mentioned it could happen, because bitcoin can be exchanged for any currency what do you want.

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August 25, 2017, 01:37:48 PM
 #1075

yes, it could be the new money for the next generation, at this time many restaurant, travel and tours and online shop accepting bitcoin as payment. meanwhile i think bitcoin also cannot reach as new fiat money in new era cause actually it dont have physical characteristic ....
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August 25, 2017, 01:44:43 PM
 #1076

We can it is because it is really a virtual currency because there is no such Bitcoin in real life maybe one's can encounter a prototype or have the insignia of Bitcoin but it will hold no value buying goods and things in reality because it is not still globally accepted. We can transact, trade, and invest by using Bitcoin in internet which paying via Bitcoin is applicable.
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August 25, 2017, 01:54:20 PM
 #1077

People still do not understand what prospects are opened in front of them using the blockchain. Bitcoin is not even currency. All people are greedy and think that bitcoin was created to enrich them, but it's not. The sooner people understand this the better for them.
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August 25, 2017, 08:34:24 PM
 #1078

yes, it could be the new money for the next generation, at this time many restaurant, travel and tours and online shop accepting bitcoin as payment. meanwhile i think bitcoin also cannot reach as new fiat money in new era cause actually it dont have physical characteristic ....
bitcoin price is increasing very fast and it is the most expensive currency today it is the reason why a lot of people are investing in bitcoin. It is increasing in worth and the price more and more as the time passing and not in on country but in several countries it is the reason bitcoin is being an international currency so soon it will the currency of the era.

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August 30, 2017, 08:03:14 PM
 #1079

Of course it is no question about it it has all of the needed and most likely cryptocurrency to turn out to be the new period of the forex in all in excess of the world have you listened to of the currency wars pounds and other forex can be dissolve when the bitcoin keep on spreading all over the globe and increasing quickly of the users of it.
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August 30, 2017, 09:09:30 PM
 #1080

Bitcoin is uniquely the beginning of a new era of currency, namely the digital currency. Prior to bitcoin, nothing like this was in financial calculations. Bitcoin for ordinary people with an average income has opened wide opportunities and prospects. Quick calculations without intermediaries (and most importantly, without the participation of banks or government agencies) in a situation of relative anonymity made a real revolution in the field of finance.
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