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Author Topic: Is bitcoin is the new era of currency?  (Read 72016 times)
Nameless27
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August 30, 2017, 10:24:20 PM
 #1081

Bitcoin is this generations currency and maybe countinue to next generations. But it is too early to assumed when we say new era of currency as what bitcoin is volatile and the risk still increasing as the price increases. Bitcoin is still new to this world compared to most fiat currency that lasted for decades or maybe centuries. I will give it 10 years or a decade to approve this new era thing.
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August 30, 2017, 10:46:31 PM
 #1082

Actually bitcoin is not a new currency on the internet, he has a history, Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functionality, such as ensuring that bitcoins can only be spent by people owning them, and never be more than one time.
Now it is no longer possible to buy luxury goods with bitcoin, no need to wait in the future. On some websites provide order service with bitcoin to buy goods such as cars and residence
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August 30, 2017, 10:55:18 PM
 #1083

in my opinion, bitcoin is a currency that has long in the world, it is only new pupuler course, because many have never used it, but in his glorious times like this we still can not use as a means of exchange directly, it means if we want to shop , we must exchange it for the currency of each country

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August 30, 2017, 10:58:41 PM
 #1084

Bitcoin is this generations currency and maybe countinue to next generations. But it is too early to assumed when we say new era of currency as what bitcoin is volatile and the risk still increasing as the price increases. Bitcoin is still new to this world compared to most fiat currency that lasted for decades or maybe centuries. I will give it 10 years or a decade to approve this new era thing.
The new era of currency in the crypto world and as crypto currencies are getting more popular people will notice this and eventually adopt.
When adopting in bitcoin that does not mean that we have to forget the fiat system, there is nothing to replace but we users will benefit for having a variety of payment method to be used in different forms of transactions.

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Slushpuppy
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August 30, 2017, 11:02:01 PM
 #1085

I think bitcoin might be new era of currency but not in so close future ...
There is still a lot of work to be done and a lot of people to know what and how ....


But I would say that bitcoin STARTED the new era of currency and what/which coin will be the one mosly used in real life in future is still to be seen
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August 30, 2017, 11:03:25 PM
 #1086

Sure it can be possible, all of that is a possibility, but also the opposite can be true.  Grin
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August 30, 2017, 11:30:02 PM
 #1087

I think bitcoin might be new era of currency but not in so close future ...
There is still a lot of work to be done and a lot of people to know what and how ....


But I would say that bitcoin STARTED the new era of currency and what/which coin will be the one mosly used in real life in future is still to be seen
I think it's the new era currency. The main problem is other people don't consider it as money. They are always hesitant about bitcoin's achievement for many years. Not all people are open-minded regarding this matter. They have to think more and more before they finally engaged in bitcoin's world of earning cryptocurrency. The fact that they always think of the risk might stop them from believing. In addition, they always expect for higher profits even if they haven't started yet. Furthermore, it's difficult for them to entrust the name of bitcoin in the society.
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August 30, 2017, 11:30:48 PM
 #1088

I think so, bitcoin is very popular and useful as well. It is not possible if it will continue to shine in the future. Having a good price is the brilliant quality of bitcoin right now.

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August 31, 2017, 01:42:37 AM
 #1089

Bitcoin is now being used globally by a lot of private companies and individuals...
With regards to the questions that could it be the next currency...
My answer is:
Yes, there could be a possibility that it might happen...
With continuous sharing of knowledge so that more people would know about it...
The more users we had for bitcoin then the higher the possibility that it will become a future currency..
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August 31, 2017, 02:57:35 AM
 #1090

So much true. The digital era helps bitcoin to be popular more and most of us our connected to internet especially the millenials.
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August 31, 2017, 03:37:07 AM
 #1091

Yes, bitcoin is now revolutionizing the currency system to cope with all the technological advancement of the world. I think that the current system of is obsolete, all other industry have experience advancement, all but our financial system.

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August 31, 2017, 04:20:50 PM
 #1092

It’s true that Bitcoin is trending but it’s not trending worldwide, its trending in the world wide WEB. It is not easily earned. People on this forum will tell you that they spend months; years even, to earn some cash and sometimes it’s not even steady. Bitcoin is already the currency of the Internet for sometimes now. Alt coins have been sprouting out but all of them are based on Bitcoin. It is not THE new money but it is fairly A new money. It is already being used by various people with various purposes but mostly only online. And honestly, who told you that its easy to earn? Bitcoin is hard to earn but easy to spend.
JohnC2389
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August 31, 2017, 04:29:29 PM
 #1093

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?
Yes, Sure! Bitcoin have a great direction. It can replace a variety of cash.
We can using Bitcoin for investing, payment, trading and etc in future.
But when it, earn Bitcoin certainly it would be difficult. So we should hold all we have, towards a better future!
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August 31, 2017, 04:32:10 PM
 #1094

Yes, hopefully so.  It would make $ as we know it obsolete and it could become a global standard instead of having numerous currencies.
Well, I believe that bitcoin will become our world currency and I hope it would happen in the future. In addition to that, bitcoinis the new currency because bitcoin is a digital money or currency that you may use in different kind of transaction like paying bills, shopping on online market and many more.



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cryp24x
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August 31, 2017, 04:45:58 PM
 #1095

Yes, hopefully so.  It would make $ as we know it obsolete and it could become a global standard instead of having numerous currencies.
Well, I believe that bitcoin will become our world currency and I hope it would happen in the future. In addition to that, bitcoinis the new currency because bitcoin is a digital money or currency that you may use in different kind of transaction like paying bills, shopping on online market and many more.

I disagree that bitcoin will be our world currency.  All I know bitcoin started the new era of cryptocurrency through blockchain technology but I believe instead of using Bitcoin,  Government  will create their own digital currency.
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August 31, 2017, 06:07:33 PM
 #1096

I disagree that bitcoin will be our world currency.  All I know bitcoin started the new era of cryptocurrency through blockchain technology but I believe instead of using Bitcoin,  Government  will create their own digital currency.
no youre wrong, bitcoin is now the new era of currency, we all know that the technology here is fast phasing thats why we need to cope up to that situation too in order for us to be updated in the latest technology, lets just be pratical and be open minded that the new era of the generation is the bitcoin.
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August 31, 2017, 06:08:57 PM
 #1097

Not necesarily bitcoin in my opinion , but digital market. We are just starting with all these coins and the project is in the making but as soon as everything is developed and we continue to make progress the general population will have no problem adobting this. Lately bitcoin has disapointed ( me pesonally) because all of this forks and incertitude but i hope it will bounce back and will begin to trust it again.
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September 02, 2017, 08:12:43 PM
 #1098

Yes, hopefully so.  It would make $ as we know it obsolete and it could become a global standard instead of having numerous currencies.
Well, I believe that bitcoin will become our world currency and I hope it would happen in the future. In addition to that, bitcoinis the new currency because bitcoin is a digital money or currency that you may use in different kind of transaction like paying bills, shopping on online market and many more.
Yes there is I think no doubt that this digital currency will be the currency of the new era, because people are taking keen interest in this crypto currency and soon it will make the whole world built in one currency and that is bitcoin. It will dominate the whole market in the near future. Because in case of paper money if someone wants to buy something he will to exchange his money in US dollars, but the same is not here.
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September 05, 2017, 10:56:13 AM
 #1099

I think so. Bitcoin now being popular because of it's easy and hassle-free transactions, and as the time goes by getting bigger and bigger, it is no doubt will be the new era of currency, and as time passes by, people using technologies having access on the internet will surely tend to rely on bitcoins for transactions that require less work.

I think the one thing that will hold BTC back is the lack of security in transactions. There is a crazy amount of trust involved and there are a lot of scammers out there.

Yes, it is true. And take note of the transaction fees that getting bigger. Is it just me, or the fees are getting bigger now?
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September 05, 2017, 11:15:53 AM
 #1100

Yes, hopefully so.  It would make $ as we know it obsolete and it could become a global standard instead of having numerous currencies.
I think so, bitcoin is the new era of currency because it is so known in everywhere and bitcoin is so much useful and very helpful to everyone who are facing financial problems because it may resolve your problem interms of money if you work hard by this bct. It is the new era of currency because we are in a millenium time everyone gets faster and faster and the economy is changing.
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