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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 67959 times)
jafurih
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January 06, 2018, 04:53:45 PM
 #1661

According to my view bitcoin will be future money.bitcoin is very flexible for the online transactions.bitcoin is digital currency,it will survive in this internet world.
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January 06, 2018, 04:54:01 PM
 #1662

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

Those people who labeled bitcoins as a scam are just against bitcoins and creating a black propaganda in order for bitcoins not to circulate in the country well. There are many people who are being affected when the value of bitcoins is increasing either it is negative or positive but let bygones be bygones and hope for each others wealthy life in the future so lets support bitcoins for it to become successful in the future.
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January 06, 2018, 04:56:59 PM
 #1663

In my opinion, yes Bitcoin and crypto currencies in general are the future of money. We can see clearly that the Bitcoin's community nowadays is a lot bigger and more enthusiast about BTC than before, and it keep growing up fastly, since Bitcoin also is going to moon.

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Raju Ahammed
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January 06, 2018, 05:01:44 PM
 #1664

Yahh
bitcoiin will be the future of money.Because earning of bitcoin is little amount but it's price is very big.It has different path of fait.it's not a local currency.bitcoin has a unpredictable price.It's price change every moment.We should invest bitcoin for future money.Because in future bitcoin will be more choseble things in the world.

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January 06, 2018, 05:08:08 PM
 #1665

Nothing is impossible because of technology nowadays specifically digital currency. Maybe it is hoax that it is dead 89 times, bitcoin is still continuing to progress and more individuals are starting to invest using this. Maybe someday, it will be well known to other countries for easy transferring of money.
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January 06, 2018, 05:10:45 PM
 #1666

IMO it's really good concept, however it's being used in a wrong direction.. not as a medium of exchange (transaction) but more like a store of value which bitcoin (and other coins) lack in underlying real value.

Future of money should be much more cheaper in terms of transaction, mining fees, faster, and more efficient in energy consumption



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haxker007
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January 06, 2018, 05:19:48 PM
 #1667

BTC will be one without bounds monetary forms as it has opened way to numerous open doors and towards advanced cash indicating great example in view of blockchain. I don't have any uncertainty of it being critical piece of next advanced cash upheld by various states. BTC is future cash this cash stream into it isn't in vain.
dontoromeo
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January 06, 2018, 07:52:40 PM
 #1668

I do not know if it's the future full of money. But if it is part of it. And we have seen that in the already used method of payment in exchange for other material things
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January 06, 2018, 08:08:11 PM
 #1669

I don't know if it is but making it future of money sounds good. Imagine, bitcoin payment worldwide how are the blockchain network if that happens? First to think is the traffic can cause if that happen, we all experiencing sometimes the traffic from blockchain.

Those who labeled it as ponzi scheme are the one who is not believe in bitcoin. If they do more research about bitcoin then they will like the concept of it like we do. Or maybe they will labeled it as ponzi scheme because they are aware that they will never get a tax on it.
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January 06, 2018, 08:29:14 PM
 #1670

Yes, actually bitcoin is the future of digital money, but the majority of bitcoin owners prefer to call it an asset. Since they do not want to spend bitcoin directly, they just want to hold and sell when the bitcoin price is really high.

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January 06, 2018, 09:55:12 PM
 #1671

There are a number of advantages, as discussed by other users, but it is important to remember that projects trying to do things more efficiently can arise. This is normal, especially in the technology field. The upside is that Bitcoin is open source, and as long as the developers do a good job, Bitcoin will be able to compete with new technologies.
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January 06, 2018, 11:45:51 PM
 #1672

I'm not sure that bitcoin is the future but i believe that crypto currencies is the future of money.  The role that bitcoin plays in that is still to be determined but i guess it'll play a very instrumental role being the first and most widely known crypto currency.  Amongst other issues like volatility and anonymity, decentralisation is a major issue for banks and governments, probably why crypto's have not been adopted more wider than it is now particularly by governments, banks or businesses..  Put simply, bitcoin i think is the concept of what money is in the future.

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January 07, 2018, 12:20:13 AM
 #1673

I think yes, with significantly increased bitcoin users, this is a strong indication that bitcoin is the future of the currency system, and the government should immediately legalize bitcoin.

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January 07, 2018, 01:30:43 AM
 #1674

Eventually I think you'll see versions of Bitcoin in all the major nations.

Even though its disruptive to the world's banking system, they know there isn't a viable way now to stop it.

Things change. Always.
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January 07, 2018, 01:36:54 AM
 #1675

I think yes, with significantly increased bitcoin users, this is a strong indication that bitcoin is the future of the currency system, and the government should immediately legalize bitcoin.

Why give any govt the power to have the control of legal or not legal though?  Bitcoin is the people taking control. The concept of Bitcoin is bye bye to the middlemen, the banks, the govt, money transfer services, credit and debit card cartels, etc.  Once everyone has a Bitcoin wallet and a cell phone, the need for regular govt printed money will be diminished to the point perhaps of completly gone from our daily transactions.

Everything will be digital eventually. No more filthy dirty, germ and bacteria infested paper, and who knows what else, to carry in our pocket and handle. LOL
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January 07, 2018, 01:52:00 AM
 #1676

I think it just always as alternative currency online or locally if the adoption will be the same as brazil that has 150 store or more are accepting bitcoins locally.. but future money it can not be use as main currency because government dont accept it because fiat is already controlled by them
Well said, we have to think rationally. Not a single government will not accept Bitcoin as a legal money in their territory because of lacking in terms of regulation. Though the Bitcoin is a decentralized currency so that it will remain a virtual currency forever. but one thing we can be assured of the market dominance, Bitcoin is becoming a popular and profitable currency day by day so that It's going to be a factor for the mobilizing and gathering of capital.
In the future, Bitcoin will become a crucial and popular payment method because of the privacy system. So Bitcoin will not be a local money but a virtual currency as usual in the coming time.
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January 07, 2018, 02:26:14 AM
 #1677

I think I agree with your opinion because now many people are using bitcoin as a medium of exchange or payment media. and sometime in the future bitcoin is legal in all countries.

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January 07, 2018, 02:55:14 AM
 #1678

I think I agree with your opinion because now many people are using bitcoin as a medium of exchange or payment media. and sometime in the future bitcoin is legal in all countries.
Indeed, more and more people are engaging into bitcoin and starting using it for making transactions because it is fast and easy. They also use it as a source of income and also as a long term investment. They use all the advantages they can get when they start using bitcoin and maybe in the future where technologies are literally everywhere we can say that bitcoin is the future of money.
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January 07, 2018, 03:27:13 AM
 #1679

i'm not sure bitcoin will be the future currency, but i'm sure cryptocurrencies will rule the world currency, either it will bitcoin or other altcoins

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January 07, 2018, 03:33:09 AM
 #1680

i think bitcoin will be our future money all over the world or our universal money because of its increasing number of member. Its almost 60% of the population all over the world knows about bitcoin now and some of them use it as a payment.

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