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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68735 times)
igybadger
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December 16, 2017, 11:03:52 AM
 #1601

We’re about to enter a new phase of money. The future of money is programmable. When we combine software and currency, money becomes more than just a static unit of value, and we don’t have to rely on institutions for security. In a programmable world, we remove humans and institutions from the loop. And when this happens, we won’t even feel like we’re transacting anymore. Money will be directed by software, and it will just safely and securely flow. Cryptocurrencies are the first step of this evolution. Cryptocurrencies are digital money that isn’t run by any government or bank. It’s money designed to work in a world without intermediaries. Bitcoin is the most ubiquitous cryptocurrency, but there are hundreds of them.
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December 16, 2017, 12:43:11 PM
 #1602

Oscar revealed there are several reasons that make the digital currency is different from the conventional version. One reason, because BitCoin and other digital currencies take advantage of a system that runs independently of a centralized server. The entire server is decentralized and all transactions are verified automatically without human intervention.
That is why it's more transparent, no one can manipulate the blockchain record and bitcoin is a new revolutionary currency that should be enjoyed by everyone. People can use it as an online transaction as payment processor and they can also take advantage of the increase value by investing with bitcoin, I think it gives good benefits for users regardless of the purpose we have in mind.

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December 16, 2017, 12:46:03 PM
 #1603

I do think that it is the future. However, Fiat Currency will still stay for a long long time. Don't expect that sudden changes will happen. Governments will never allow it. Otherwise the world will be in total chaos.
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December 16, 2017, 01:07:51 PM
 #1604

Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology: the World Wide Web. http://blockgeeks.com/questions/what-is-your-future-predictions-of-bitcoin/#comment-604
yess it is the future ..well u saw the price of bitcoins has incresed to a next level .well it would be no surprise if the price of bitcoins increase  to 800dollars per bitcoinss. well i hope i get my salary as bitcoins because it has high future .and i am looking forward to it. kudoos Smiley

For me it is true that bitcoin is the future of money. Because in bitcoin you can earn money easily and the value of bitcoin will increase as the time goes by. Many of the people don't believe in bitcoin because the don't know the value of bitcoin. Bitcoin will be the future of money if you value bitcoin and if you believe in bitcoin.
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December 16, 2017, 01:21:41 PM
 #1605

Cryptocurrencies including Bitcoin are the future whether someone like it or not. Sooner or later they will become equal to fiat money. New technologies are taking place of old ones and so it's in the world of finances. The development of cryptocurrencies can't be stoped anymore.
The development of cryptocurencies has never been a question as to whether or not it could be stopped, but how much it would catch on. No-one can stop anyone from changing or developing anything. We have to still see if it will continue to grow, but so far it is showing strong signs of continuing in its life span and cryptos probably aren't going anywhere.
No one really knows if bitcoin will become the future of money, since nobody can exactly sees what the futures hold for us. What is possible for us to know is how successful bitcoin and other digital currencies are doing in the marketing and trading world. How it will expand its function, and developed into a manageable tool as our traditional money is doing. Innovation is constant in this world, so just catch up to where the future is taking us.



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December 16, 2017, 01:25:53 PM
 #1606

yes, in my opinion bitcoin will be the currency of the future. bitcoin is very promising because the price is increasing. now many people are working with bitcoin as a source of income.

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December 16, 2017, 01:30:11 PM
 #1607

I can say that bitcoin is the future source of money, because I can earn money out of it though it is used to pay bills and pay at restaurants I prefer bitcoin as my asset and source of income for my daily needs and future plans and business purposes.

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December 16, 2017, 01:30:39 PM
 #1608

I think so, because nowadays bitcoin is a crypto currency that most popular in many country and i think in the future it is more accepted in many transaction in which bitcoin is more useful than any altcoin. Bitcoin will more popular in every fast year until everyone will use it.
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December 16, 2017, 08:05:52 PM
 #1609

Yes for sure because more people know bitcoin and now the value of bitcoin is going up more people will be interested
Bitcoin is helping the technology for payments to get larger transactions online. Bitcoin will bring more people to use their money on items that can't be purchased with PayPal.


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December 17, 2017, 04:04:56 PM
 #1610

Yes, Bitcoin is really money for the future. Bitcoin is already use so many countries of money, bitcoin is now wide all over the world. People love bitcoin and want to use it in everywhere . In future it should turn into money and bitcoin should legal in whole world.
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December 17, 2017, 04:08:16 PM
 #1611

yes this is the future money from now on because many of people are using now bitcoin and then many of us are curiuos about it and a lot of investors provide it so no one can stop bitcoin for rising this the one can go on for future I guess.
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December 17, 2017, 04:18:28 PM
 #1612

Yes, Bitcoin is really money for the future. Bitcoin is already use so many countries of money, bitcoin is now wide all over the world. People love bitcoin and want to use it in everywhere . In future it should turn into money and bitcoin should legal in whole world.
Bitcoin will proof that it use as like money in all over the world because bitcoin is one of the best way to earn money in short period and it will make your life full of facilities which everyone want in life, so every country who banned this forum they will accept and it will use any business deal  and online shopping as money in future.
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December 17, 2017, 04:47:31 PM
 #1613

BITCOIN is my real life of currency and this is real future currency in all over world

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December 17, 2017, 05:02:52 PM
 #1614

Yes, now it's free to say that Bitcoin is the future of money. The speed with which it grows closes the mouth of all critics.
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December 17, 2017, 07:01:41 PM
 #1615

If anything, in the very, very distant future. Of course, we are dealing with the inevitable development of electronic money - this is an element of progress that we have been observing for a long time. In the 1950s, the first American Express payment card system appeared, later we switched to electronic transfers, not manually filling blanks, and at the moment we have various types of instruments that support electronic exchange - PayPal or contactless payments. However, in the near or even mid-term, virtual currency in the meaning of cryptocurrencies will certainly not dominate us. Firstly, because it is not on the hands of the governments that have control over the financial system, secondly, our entire economy is based on real money. In addition, we are at a very early stage of cryptocurrency development and we already had a lot of evidence that this technology is not yet perfect. In this area there are no solutions that could be the foundations of the functioning of the state today.
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December 17, 2017, 07:18:48 PM
 #1616

no, bitcoin is not a crypto currency, if bitcoin currency then it can be used for transaction but in fact bitcoin just as asset in real world. in 2007 bitcoin was born and aims to be used as a crypto currency but failed due to the price of bitcoin at the time was cheap and now in 2017 has increased rapidly. bitcoin can not be used as currency unless using satoshi may be possible but bitcoin has a price that can't be determined

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December 17, 2017, 07:25:11 PM
 #1617

Going by the popularity bitcoin is gaining every single day and its acceptance worldwide and also the increase in its price every single day it's no wonder that bitcoin will be the only money in the future used extensively especially on the internet. Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this rhetoric, it’s not all that difficult to compare the rise of bitcoin to that of another technology.
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December 17, 2017, 10:23:31 PM
 #1618

We still hope that this is so. That bitkoyn and other crypto currency is the future of our money. Such a formulation is confirmed by the growing demand for bitcoquine and its recognition and blockchein technology as truly technologically advanced and revolutionary by many states and their governments. We can almost certainly say that the digital currency is the future of our money.
The time has to come. The world is going to be in mode of changing. One day the digital currency will be the real currency. But i more preferred bitcoin. Bitcoin will be change the world and will became the world first digital currency to replace the real money. Because of its value and price and all other aspects about bitcoin.
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December 18, 2017, 10:49:22 PM
 #1619

We still hope that this is so. That bitkoyn and other crypto currency is the future of our money. Such a formulation is confirmed by the growing demand for bitcoquine and its recognition and blockchein technology as truly technologically advanced and revolutionary by many states and their governments. We can almost certainly say that the digital currency is the future of our money.
The time has to come. The world is going to be in mode of changing. One day the digital currency will be the real currency. But i more preferred bitcoin. Bitcoin will be change the world and will became the world first digital currency to replace the real money. Because of its value and price and all other aspects about bitcoin.
A digital currency useful for payment is not a currency has high value. How to spend your Bitcoin if the Bitcoin price = 1 million dollar? The transaction fee of Bitcoin can be 10k satoshi in that time, but it means you will spend $100 for 1 transaction.
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December 19, 2017, 02:27:30 PM
 #1620

We still hope that this is so. That bitkoyn and other crypto currency is the future of our money. Such a formulation is confirmed by the growing demand for bitcoquine and its recognition and blockchein technology as truly technologically advanced and revolutionary by many states and their governments. We can almost certainly say that the digital currency is the future of our money.

Some banks have begun to implement the plans of intrusion blockchain technology into the system of money providing. Some cryptocurrencies like Ripple for example coming in this direction as well.
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