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Author Topic: The Future of Money?  (Read 8112 times)
South Park
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November 08, 2016, 10:06:12 PM
 #81

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.


It is possible if the central bank finds a way they can still control the crypto currency.

Central banks only care about if they can control the currency they issue, they don't care too much whether it is crypto or not.
That is not the issue, the issue is if you think that a IMF crypto is going to be accepted by the likes of Russia and China? What if they dont accept, what is going to do the rest of the world to make them accept, not much since those countries have nuclear capabilities and god knows what other weapon they may have.
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November 08, 2016, 10:58:11 PM
 #82

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.


It is possible if the central bank finds a way they can still control the crypto currency.

Central banks only care about if they can control the currency they issue, they don't care too much whether it is crypto or not.
That is not the issue, the issue is if you think that a IMF crypto is going to be accepted by the likes of Russia and China? What if they dont accept, what is going to do the rest of the world to make them accept, not much since those countries have nuclear capabilities and god knows what other weapon they may have.

I don't think Russia or China not accepting cryptocurrencies will trigger their nuclear weapon to fly into different countries.  The same thing with other countries to them.  So relating this nuclear weapons or other advance weapons of this powerful countries is out of context with them not accepting cryptocurrencies.
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November 08, 2016, 11:27:12 PM
 #83

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
I think although bitcoin is prohibited even if it will not give a big effect on bitcoin, even now many governments prohibit the use bitcoin, but it did not leave much of an negative effect

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November 09, 2016, 12:01:27 AM
 #84

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.


It is possible if the central bank finds a way they can still control the crypto currency.

Central banks only care about if they can control the currency they issue, they don't care too much whether it is crypto or not.
That is not the issue, the issue is if you think that a IMF crypto is going to be accepted by the likes of Russia and China? What if they dont accept, what is going to do the rest of the world to make them accept, not much since those countries have nuclear capabilities and god knows what other weapon they may have.

I don't think Russia or China not accepting cryptocurrencies will trigger their nuclear weapon to fly into different countries.  The same thing with other countries to them.  So relating this nuclear weapons or other advance weapons of this powerful countries is out of context with them not accepting cryptocurrencies.
Lol I thought it was a strange idea when russia and china will fire a nuclear as a country is not willing to use and accept bitcoin
one thing is certain that bitcoin not have russia or china and moreover Russsia and china will not get any advantage to defend bitcoin right ?



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November 09, 2016, 12:06:58 AM
 #85

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
I think although bitcoin is prohibited even if it will not give a big effect on bitcoin, even now many governments prohibit the use bitcoin, but it did not leave much of an negative effect

I don't even think that even will prohibit the usage of bitcoin. Still us who uses bitcoin will not stop in using and since it is online we can just simply hide our identities to our cyber crime watch. And this will be the future money of the cyber people in the cyber world. Not an easy thing for the government but they might adopt it as second currency.

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November 09, 2016, 01:10:33 AM
 #86

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.


It is possible if the central bank finds a way they can still control the crypto currency.

Central banks only care about if they can control the currency they issue, they don't care too much whether it is crypto or not.
That is not the issue, the issue is if you think that a IMF crypto is going to be accepted by the likes of Russia and China? What if they dont accept, what is going to do the rest of the world to make them accept, not much since those countries have nuclear capabilities and god knows what other weapon they may have.

I don't think Russia or China not accepting cryptocurrencies will trigger their nuclear weapon to fly into different countries.  The same thing with other countries to them.  So relating this nuclear weapons or other advance weapons of this powerful countries is out of context with them not accepting cryptocurrencies.
Lol I thought it was a strange idea when russia and china will fire a nuclear as a country is not willing to use and accept bitcoin
one thing is certain that bitcoin not have russia or china and moreover Russsia and china will not get any advantage to defend bitcoin right ?

Yeah I agree they don't have any advantage to defend  bitcoin, bitcoin is not their own nor have control over it.  Accepting or rejecting bitcoin to be accepted in their country is the government rights to implement, so better respect what other country's opinion and decision regarding bitcoin being banned or not since they are the one responsible to whatever effect of such action to their countries and their people.
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November 09, 2016, 06:23:40 AM
 #87

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
I think although bitcoin is prohibited even if it will not give a big effect on bitcoin, even now many governments prohibit the use bitcoin, but it did not leave much of an negative effect

That's bad if that is happening now in other countries where bitcoins are prohibited.. hopefully our government won't interfere in bitcoin community otherwise there might be a bad impact for us like converting our btc in our local currency there might be fees or taxes or even investigations on how did I earn those btc.

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mirakal
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November 09, 2016, 12:36:16 PM
 #88

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
I think although bitcoin is prohibited even if it will not give a big effect on bitcoin, even now many governments prohibit the use bitcoin, but it did not leave much of an negative effect

That's bad if that is happening now in other countries where bitcoins are prohibited.. hopefully our government won't interfere in bitcoin community otherwise there might be a bad impact for us like converting our btc in our local currency there might be fees or taxes or even investigations on how did I earn those btc.
I do not think in our country bitcoin will be ban, bitcoin is just compose of a small group of community and we are not a big threat to the world, in fact if only people will understand bitcoin, they can see that it's very useful for worldwide remittances.

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South Park
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November 09, 2016, 10:02:59 PM
 #89

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.


It is possible if the central bank finds a way they can still control the crypto currency.

Central banks only care about if they can control the currency they issue, they don't care too much whether it is crypto or not.
That is not the issue, the issue is if you think that a IMF crypto is going to be accepted by the likes of Russia and China? What if they dont accept, what is going to do the rest of the world to make them accept, not much since those countries have nuclear capabilities and god knows what other weapon they may have.

I don't think Russia or China not accepting cryptocurrencies will trigger their nuclear weapon to fly into different countries.  The same thing with other countries to them.  So relating this nuclear weapons or other advance weapons of this powerful countries is out of context with them not accepting cryptocurrencies.
It was not my intention to imply that, what I said is that since those countries have those capabilities the negotiation with them in order to accept such an imaginary world crypto will be very difficult because they are strong countries including the military aspect.
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November 10, 2016, 01:56:48 AM
 #90

future of fiat money Grin

watch central banks at work

https://www.youtube.com/watch?v=3i-zYdOPG2k

and this is how it will end if we are lucky

https://www.youtube.com/watch?v=HMc3fvm7m7s

if we are not so lucky

https://www.youtube.com/watch?v=ZFNW3heSkq8

Truth is the new hatespeech.
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November 10, 2016, 02:10:35 AM
 #91

Basically Money is printed and sold!
Mostly everything is controlled by those Elite Bankster Zionists like Rothschilds or all those Billionaeres (also those uberrich not listed on forbes) etc's!

How Money is Made & Printed - HD
https://www.youtube.com/watch?v=fnACUyB5NNQ

Watch and learn!

Bitcoin is also basically just a printed digital coin....

I can predict the future:

They want physical Cash to be removed!

Tax&Track everyone, who uses money!

So a alternativ is needed = Zcash

So all those rich jews and business man will probably use Zcash (or any other anonym coin) to hide their Asse(t)s!

That is whats going on!  Angry Wink
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November 12, 2016, 04:30:48 PM
 #92

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.

yes that is a fact that the new generation is interested in online shopping and trading therefore they will mostly give preference to crypto currencies as it is easy for them to use,  but still the future of fiat currency is ok and there is nothing wrong to it as most of he people have still no knowledge about cypto currency.
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November 13, 2016, 02:07:28 AM
 #93

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.


i agree with you buddy. time will come that all of us will use cryptocurrency in our economy so that we can prevent losing of our trees in our world just to create paper money. soon our government will make this choice. I'm thinking too that if we use btc in our everyday use its much easier than pulling a money into your pocket we can prevent those snatchers that stealing our money you know what i mean ? with btc we can change the world so This is our future money .
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November 13, 2016, 02:12:25 AM
 #94

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.


i agree with you buddy. time will come that all of us will use cryptocurrency in our economy so that we can prevent losing of our trees in our world just to create paper money. soon our government will make this choice. I'm thinking too that if we use btc in our everyday use its much easier than pulling a money into your pocket we can prevent those snatchers that stealing our money you know what i mean ? with btc we can change the world so This is our future money .

I'm hoping that too. because our mother earth losing too much of it's own beautiful nature. and with the use of btc we can change the world where it's not used to be. digital money less cutting trees. and more secure because our money is encrypted. that's why im investing all of my money in btc because i believed that time will come that crypto currency will surpass our old culture.
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November 13, 2016, 04:11:30 AM
 #95

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.


i agree with you buddy. time will come that all of us will use cryptocurrency in our economy so that we can prevent losing of our trees in our world just to create paper money. soon our government will make this choice. I'm thinking too that if we use btc in our everyday use its much easier than pulling a money into your pocket we can prevent those snatchers that stealing our money you know what i mean ? with btc we can change the world so This is our future money .

The amount of trees cut to issue paper money is a non-issue. We could just have higher denomination notes. In any case, most fiat notes are printed on polymers/plastics these days. So that will not be a reason for the adoption of crypto currencies.
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November 13, 2016, 06:33:35 AM
 #96

The amount of trees cut to issue paper money is a non-issue. We could just have higher denomination notes. In any case, most fiat notes are printed on polymers/plastics these days. So that will not be a reason for the adoption of crypto currencies.
But digital currencies must be environmental friendly in this sense. When we are already switching over to ebook and digital magazines for reason of deforesting, why not currencies alone still in physical format even it is printed on plastic substitutes (polymers may lead to severe pollution issues).

that will not be a reason for the adoption of crypto currencies.
But, we could use this environmental friendly reason to fasten the adoption of crypto currencies.
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November 13, 2016, 07:04:46 AM
 #97

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.


i agree with you buddy. time will come that all of us will use cryptocurrency in our economy so that we can prevent losing of our trees in our world just to create paper money. soon our government will make this choice. I'm thinking too that if we use btc in our everyday use its much easier than pulling a money into your pocket we can prevent those snatchers that stealing our money you know what i mean ? with btc we can change the world so This is our future money .

I'm hoping that too. because our mother earth losing too much of it's own beautiful nature. and with the use of btc we can change the world where it's not used to be. digital money less cutting trees. and more secure because our money is encrypted. that's why im investing all of my money in btc because i believed that time will come that crypto currency will surpass our old culture.

It may happen, but not soon. It will take a lot of time. People need to completely change their attitude to money. Many still do not trust Bitcoin
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November 13, 2016, 07:32:25 AM
 #98

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.


The future is actually going to be more digital as we can see that happening everyday, but we cannot be sure if bitcoin will be the digital system adopted in place of paper money or the governments will make their own digital systems that will be implemented on us.
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November 13, 2016, 11:08:49 AM
 #99

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.


i agree with you buddy. time will come that all of us will use cryptocurrency in our economy so that we can prevent losing of our trees in our world just to create paper money. soon our government will make this choice. I'm thinking too that if we use btc in our everyday use its much easier than pulling a money into your pocket we can prevent those snatchers that stealing our money you know what i mean ? with btc we can change the world so This is our future money .
A simple card? That's basically ATM card and the app on the phone that you're looking for is Paypal/bitcoin wallet. That's not the future at all since that's the present but we still use the paper money more than we use our card and our bitcoin wallets combined.

The only flaw of using our phone for payments is it would become more shiny in the eyes of criminals. They'll get your phone + they'll get your bitcoin wallet. Even though there's a security code, they can still sell your phone.

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November 13, 2016, 11:40:43 AM
 #100

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.


The future is actually going to be more digital as we can see that happening everyday, but we cannot be sure if bitcoin will be the digital system adopted in place of paper money or the governments will make their own digital systems that will be implemented on us.
Yeah paper money would still be around and a lot of countries most likely would still have paper money as their main currency especially poor countries. It's highly possible that digital currency would be widely used in the future but paper money for me would be be a strong currency

 
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