The Future of Money?

[deisik]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

Never say never. There was no single country which was very powerful in the Euro zone. Yet, we did see the Euro replace the lira, drachma and the deutsche mark.

I tend to disgree. Germany (and France, to a degree) is a backbone of the European Union and its primary driver. And the Deutsche mark quite naturally was the strongest currency among the countries that united into the EU later. If you are going to challenge that point, you should keep in mind that the SDR currency maintained by the IMF included the US dollar, Deutsche mark, French franc, British pound and Japanese yen before the Euro replaced franc and mark. And the Deutsche mark had also been included in the basket of currencies used to calculate the US Dollar Index, a measure of the dollar strength...

So it seems that your claim is not founded on facts

[Zadicar]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

It would be really impossible for  bitcoin  to surpass  fiat because   fiat currency  is  being  regulated and controlled  by the  government which we all know that  they are the  most  powerful  in terms  of  implementing  rules  on a certain country thats  why  bitcoin would  not  possible to  be a main currency.

[icecube45]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

It would be really impossible for  bitcoin  to surpass  fiat because   fiat currency  is  being  regulated and controlled  by the  government which we all know that  they are the  most  powerful  in terms  of  implementing  rules  on a certain country thats  why  bitcoin would  not  possible to  be a main currency.

Yes indeed bitcoin can not surpass fiat, but bitcoin could be an alternative to fiat in future payments. I believe bitcoin will grow so much that using it as an alternative of bitcoin. But it will not make money disappear because I'm sure the money will continue to be used. Money is not just a transaction but as the strength of the economy of a country.

[betohell]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

I'm sure cryptocurrency never become the main currency countries. It always is and will remain an alternative currency. People do not like something new. And do not trust

agree with what you say. what else there is nothing backing cryptocurrency in the sense that there is no guarantee that the use cryptocurrency will be safe, while using the fiat  will guaranteed

[Aamir1]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

I'm sure cryptocurrency never become the main currency countries. It always is and will remain an alternative currency. People do not like something new. And do not trust

People want something to be always around them in order to earn their trust and i'm sure if bitcoin does that it would also be believed by the people around the world, if it just remains on internet then probably it wont become the next generations currency.

[ivanst776]

I think that the future of money is to make people use as less cash as possible and use only in the digital mode.

So the money will be on digits like the digits on calculator and in this way people will spend more because the feeling that they are not spending cash makes them spend more.

Besides this bitcoin is going good and if more startups and big companies include bitcoin as payment method then cash will be used rarer.

[X-ray]

I think that the future of money is to make people use as less cash as possible and use only in the digital mode.

So the money will be on digits like the digits on calculator and in this way people will spend more because the feeling that they are not spending cash makes them spend more.

Besides this bitcoin is going good and if more startups and big companies include bitcoin as payment method then cash will be used rarer.

there's nothing to do on spending digital currencies make people spending more as they don't feel spending that much money,they're actually does,if you still don't sure now ask yourself if you have bitcoin and buying ton of shit stuff why did you regret after that

[ivanst776]

I think that the future of money is to make people use as less cash as possible and use only in the digital mode.

So the money will be on digits like the digits on calculator and in this way people will spend more because the feeling that they are not spending cash makes them spend more.

Besides this bitcoin is going good and if more startups and big companies include bitcoin as payment method then cash will be used rarer.

there's nothing to do on spending digital currencies make people spending more as they don't feel spending that much money,they're actually does,if you still don't sure now ask yourself if you have bitcoin and buying ton of shit stuff why did you regret after that

You are hurrying a bit because this conclusion I made after a deep research and it's a bit psychological and you may not understand facing on the first time.

When you spend cash your brain makes you think that you spend something physical and it's taken out from your pocket, but when you spend through bank cards is much more different. And the banks are encourage their costumers to use as much as they can through debit/credit cards.

[yayayo]

[...]

When you spend cash your brain makes you think that you spend something physical and it's taken out from your pocket, but when you spend through bank cards is much more different. And the banks are encourage their costumers to use as much as they can through debit/credit cards.

You are right. Banks like to give out credit cards, because people easily loose track of their expenses, because they don't feel that their pocket/account is emptied. That makes them spend more than they have and banks can earn a nice return by their debt service.

The same principle - namely using an abstraction layer to prevent an accurate (emotional) assessment of one's finances - is used in a reverse way for various reward programs. People receive "points" or something similar, not actual currency, to motivate purchase decisions. Most often, these points are worth only fractions of a currency unit, so people get a lot of them. This obfuscates an adequate assessment of the real value of the rewards, making them appear more valuable than they actually are.

I think even with digital currencies only you can still have a full overview of your finances. It simply depends on your willingness to monitor your expenditures.

ya.ya.yo!

[kevinn669]

I think that the future of money is to make people use as less cash as possible and use only in the digital mode.

So the money will be on digits like the digits on calculator and in this way people will spend more because the feeling that they are not spending cash makes them spend more.

Besides this bitcoin is going good and if more startups and big companies include bitcoin as payment method then cash will be used rarer.

there's nothing to do on spending digital currencies make people spending more as they don't feel spending that much money,they're actually does,if you still don't sure now ask yourself if you have bitcoin and buying ton of shit stuff why did you regret after that

You are hurrying a bit because this conclusion I made after a deep research and it's a bit psychological and you may not understand facing on the first time.

When you spend cash your brain makes you think that you spend something physical and it's taken out from your pocket, but when you spend through bank cards is much more different. And the banks are encourage their costumers to use as much as they can through debit/credit cards.

And for sure those people that thinks the future money will be really some kinda sort of digital currency and bitcoin is close to or maybe exactly that it is going to be used as the future money. Because I know, in the US many are already using digital currency, but not with bitcoin but digital dollars and that is starting the cashless society.

Developed countries can and will move completely to digital currency. But do not forget the poor countries. There cryptocurrency development takes place very slowly

[Taki]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

I thin that one day crypto currencies will come in in our life as something normal. Yes, today governments do not accept crypto currencies as something legal. But i am sure the day will come, cause crypto currencies become more popular this days, add to that it is the greatest place for investment. Today we can make payments without paper money, Applepay PayPal and other services that make our life easier. That all is become more useful today and popular, so I think it's just a question of the time when governments get involved in all this crypto world.

[rickadone]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

It can actually be main currency for the entire world to be used on the internet but in cannot be a country specific main currency. In this regards, you can expect bitcoin to be the major currency which is being accepted in the entire world for all digital transactions, this way I do foresee it will be beating paypal hands down.

[Robertqueen2]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it.

[Berns]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it.

Mankind has always used the money to carry out their trade. Therefore, people can not live without money. But we need to expand its capabilities and to start using Bitcoin. The main thing that the government has approved it

[TastyChillySauce00]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it.

not really,bitcoin enthusiasts really wanted bitcoin to be the future digital currency which will be getting used around the world and become a common thing among people,no matter its region and races all will be allowed to use bitcoin as it should,it will be more better than only being accepted and regulated

[Skarner21]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it.

not really,bitcoin enthusiasts really wanted bitcoin to be the future digital currency which will be getting used around the world and become a common thing among people,no matter its region and races all will be allowed to use bitcoin as it should,it will be more better than only being accepted and regulated

I think they are just promoting bitcoin and this is the reason why they want bitcoin to be majority of currency they are just want to be accepted bitcoin locally.
And i think it will be happen in the future that bitcoin will be accepted too locally like in other countries like brazil they have 150+ stores are accepting bitcoin as payment according to other said..  and more adoption will come since making a lot of Bitcoin ATM and bitcoin banks can help to promote bitcoin and gain trust so that more people can be converted to use bitcoin..

[goldcoinminer]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it.

not really,bitcoin enthusiasts really wanted bitcoin to be the future digital currency which will be getting used around the world and become a common thing among people,no matter its region and races all will be allowed to use bitcoin as it should,it will be more better than only being accepted and regulated

As much as they want the government would not allow that to happen, they wanted to rule the world so they can control the people. I am afraid as we are getting popular and we might be very vulnerable to their eyes and might create a specific law to ban bitcoins. Is that possible or not?

[Rmaqks]

Yes, the government can prohibit cryptocurrency. It's in his jurisdiction. We can only hope that it will be wise and do not go so

[crairezx20]

I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.

I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future

Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it.

not really,bitcoin enthusiasts really wanted bitcoin to be the future digital currency which will be getting used around the world and become a common thing among people,no matter its region and races all will be allowed to use bitcoin as it should,it will be more better than only being accepted and regulated

As much as they want the government would not allow that to happen, they wanted to rule the world so they can control the people. I am afraid as we are getting popular and we might be very vulnerable to their eyes and might create a specific law to ban bitcoins. Is that possible or not?

Corruption will be happen if bitcoin will be accepted by government. and i think we choose bitcoin because of freedom and we don't to be control by government if it will happen in the future the fee and the tax will increase..
Bitcoin is already popular but not so fast because of some people who new about bitcoin is thinking that bitcoin is scam because they experience of scam investment using bitcoin and there is not guarantee  or assurance that they can get profit in any investment site without working..
For now we are lucky that we know bitcoins so if bitcoin will be more visibility locally more people will be interested in bitcoin..

[Kasplant]

Most likely everything will be digital in the future so paper money will disappear and everything also in real stores will be payed with digital money, we all will have our phone for it or a simple card.