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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 67923 times)
FiiNALiZE
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February 14, 2017, 11:09:02 PM
 #861

Bitcoin isn't it. Digital Payments are...

If you are going to pay something (Apple Pay) then you would just scan with your phone or w/e it is then you would receive the item. With regular paper cash you would have to lunge around duffle bags filled to the top just to pay for some kind of car like a bugatti or something. Also you wouldn't want to have a bunch of cash just sitting in the bank where the workers could just steal them whenever they please.

It's pretty crazy to think about until it actually happens. Digital Payments are coming into play.

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There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
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February 15, 2017, 04:23:02 AM
 #862

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 growing or development happened in Bitcoin is very difficult to stopped. Particular the people who get involve in this field of industry are more becoming aggressive to learn and to be well educated in bitcoin. This shows only and prove that bitcoin has a better future to the people.

I have slightly different opinion on this, I think bitcoin will emerge as a good option of payment on international level but it won't replace or fiat currencies in any manner as there are some people who always prefer to use fiat currencies and we have to accept the fact that the people will never show interest in cryptocurrencies for one or more reasons. On the other hand, technology enthusiastic generation is showing interest in bitcoin and that's why in near future we will have a huge user base.
people give preference to fiat because they have no idea about bitcoin. and when they will learn about bitcoin then they will understand the importance of bitcoin. but currency they do not have any knowledge about bitcoin and therefore they are not using it. in future we can expect it when all the people of the world will start using bitcoin.
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February 15, 2017, 05:34:31 AM
 #863

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 growing or development happened in Bitcoin is very difficult to stopped. Particular the people who get involve in this field of industry are more becoming aggressive to learn and to be well educated in bitcoin. This shows only and prove that bitcoin has a better future to the people.

I have slightly different opinion on this, I think bitcoin will emerge as a good option of payment on international level but it won't replace or fiat currencies in any manner as there are some people who always prefer to use fiat currencies and we have to accept the fact that the people will never show interest in cryptocurrencies for one or more reasons. On the other hand, technology enthusiastic generation is showing interest in bitcoin and that's why in near future we will have a huge user base.
people give preference to fiat because they have no idea about bitcoin. and when they will learn about bitcoin then they will understand the importance of bitcoin. but currency they do not have any knowledge about bitcoin and therefore they are not using it. in future we can expect it when all the people of the world will start using bitcoin.

I wish, someone prove me wrong but I don't think it's going to happen when ALL people would be using bitcoin at least in next 50 years. Gold is valuable since a long time but still, there are people who never bought a gold similarly large number of people would adopt bitcoin in the future but not all of the people around the world.

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February 15, 2017, 06:17:15 AM
 #864

I do not think that this is the future of money, but the future of the digital payments on the Internet, of course it is !
Anything could be happen in the future, I am sure you are aware that transact using bitcoin is very easy and fast. paper money current condition worsened, however the government suppress impairment of paper money, in my opinion will not change the character of paper money that is decreasing in value every year. I think it's time for us to use a currency that is more suitable for the present time, the currency that was obtained from mining such as gold or bitcoin is very suitable for the present because it is quite resistant to inflation.

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February 15, 2017, 09:09:10 AM
 #865

I do not think that this is the future of money, but the future of the digital payments on the Internet, of course it is !
Anything could be happen in the future, I am sure you are aware that transact using bitcoin is very easy and fast. paper money current condition worsened, however the government suppress impairment of paper money, in my opinion will not change the character of paper money that is decreasing in value every year. I think it's time for us to use a currency that is more suitable for the present time, the currency that was obtained from mining such as gold or bitcoin is very suitable for the present because it is quite resistant to inflation.
Because money are suppose to be spent and not saved, we have to invest our money to grow and to avoid inflation. However, even if bitcoin is fast and easy, there is no doubt that money is still the easiest as evidence by the total number of users. Further, it is not only because it is easy and fast, bitcoin will replace money, we have to get the trust of the majority of people who uses money and without the support of the government, that is not possible.



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February 15, 2017, 09:15:22 AM
 #866

Bitcoin has become future for itself with the moment it was invented and it has changed financial world and its rules. How will develope in the future depends largley on bitcoin users too. But institutions also have to be included because without the support of financial sector and governments we can't do anything.

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February 15, 2017, 09:18:59 AM
 #867

Bitcoin has been one of the greatest discovery in the world and no doubt that it really helps the economic growth. Yes it is a future money but it will not replace the fiat as a legal tender because not all people nowadays are using bitcoin because you need internet to use it and many people  don't have internet access in the word.
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February 15, 2017, 10:08:32 AM
 #868

Bitcoin has changed everything, so in some case Bitcoin is really the future of the money. Definitely, in the future Bitcoin will be developed and may change, maybe another more protected and much more convenient e-currency will appear. But Btc marked the beginning of something new and always will be the First  Wink
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February 15, 2017, 10:32:52 AM
 #869

Bitcoin has been one of the greatest discovery in the world and no doubt that it really helps the economic growth. Yes it is a future money but it will not replace the fiat as a legal tender because not all people nowadays are using bitcoin because you need internet to use it and many people  don't have internet access in the word.
Yup! , but it is not a discovery it was only the experiment that has been made by a programmer to show his talent of job , but luckily it got famous by the some big investors to make it online currency that is what we called bitcoin.
And Secondly your are right the it can't replace fiat because fiat is a country's money which can be use as virtually and practically but bitcoin is internet currency and also international currency which can be use only virtually .
This is totally a way to get enter in the technology if the world or internet money .
Since the demand of the bitcoin is going increasing speedly with every second and Secondly after next halving no more bitcoin will produce then price will again more rise this will.make bitcoin more and more famouse .
So we can say it is only the future money .


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February 15, 2017, 11:04:03 AM
 #870

I do not think that this is the future of money, but the future of the digital payments on the Internet, of course it is !

Agree, Bitcoin is good for the future of the digital payments
I think it is too hard for bitcoin will be the future of money in the world.
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February 15, 2017, 11:12:24 AM
 #871

Yes the way I myself or served bit coins will soon take over other currencies

Looking out over the world today have known the important of bit coin.
Come wort may nothing will stop bit coin circlelation.

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February 15, 2017, 11:40:08 AM
 #872

It could be the future of the money as well, it just has to grow and expand, get more trust, security and availability across the world.
Digital this , digital that , digital everything is the future for most of our everyday items, so money will go this way as well, maybe not bitcoin, it could be litecoin, mycoin or bitcointalk coin, with this i mean some kind of digital currency one day will for sure take over regular paper money.
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February 15, 2017, 12:04:35 PM
 #873

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

Yo no estoy tan seguro aquí hay gurús para todo , que el bitcoins va a ser la revolución mundial y otros que se va a pegar una hostia monumental. Yo creo que todo tiene cabe en el mundo financiero y creo que el bitcoin y otras criptomonedas son la solución a muchos robos financieros en el mundo. qwarkbuy.com
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February 15, 2017, 01:13:58 PM
 #874

Bitcoin is the future of money. It has got a lot of innovations and it is better than fiat in many aspects



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.TOKEN SALE. Apr 16 2018
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February 15, 2017, 01:27:39 PM
 #875

Yes, I believe it will happen in the future, one day it will be the currency of the world. but it is far, currently, Bitcoin is facing major obstacles, these difficulties are not easy to overcome, on the other hand, the growth of Bitcoin depends on us, the strength of a currency always depends on the people who use it. Bitcoin can die many times, but it never took off, because it is eternal. it is the king of currencies


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February 15, 2017, 02:05:18 PM
 #876

many believe that bitcoin is money that will be used in the future, and I am also convinced by it. Well, now there are many people who pay attention to technology bitcoin, but little by little, it will start to change, and perhaps the oarng will use the bitcoin for transaction purposes in the future


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February 15, 2017, 02:10:06 PM
 #877

... and strong volatility prices are somehow hard coded in bitcoin ...


Bitcoin does have some unique things about it that are contributing to the price volatility, but most of the volatility is caused by there being little market depth. When there's a somewhat large purchase (or sale) of Bitcoins, this causes a wide fluctuation in prices. If Bitcoin were much more widely used, the amounts bought and sold would have to be much higher to cause this much volatility. The effect is similar to what happens in the currency markets; On pairs where there is low market depth, new money coming into the market (or any large selloff) causes big price movements. When more people and businesses start using Bitcoin the price volatility will decrease.
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February 15, 2017, 04:19:21 PM
 #878

May be because no one can say that whether bitcoin would be allowed or banned by government. Due to its anonymity which helps criminal to use to money in private mode government are banning it also it made its way for  for transaction across countries without any tax or barriers so government are imposing ban on it
But there is still a big chance of bitcoin getting blocked and blew away by our world government,If bitcoin overcome fiaf money then its the time when government makes a move,They will not allow something that will beat them down

We are not saying that bitcoin should be the Future Money, what we are trying to say is the Government should give also attention to bitcoin if they really want a change, I mean, bitcoin can contribute something that is big in our community and we all know that, but since the Government consider bitcoin as a poison because they can never touch this thing to us, and they can't steal it also, that is why they have it. On other countries, bitcoin is already ban due to its misuse, like people are buying drugs online, and other illegal stuffs, and abusing the bitcoin's advantages.

But, if the Government would consider bitcoin, or maybe the Government would declare that bitcoin can be use on every transaction that we will have in our everyday living, then, it will be a good news, but for me, spending bitcoin on our everyday life basis is not really worth it, because bitcoins price is always fluctuating, so it would be better if we would just convert it to fiat first, and then spend it.

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February 15, 2017, 07:48:26 PM
 #879

IMO, it is. Regardless of the small bumps in the road and the insignificant issues that were correct, solved or people just got used to them bitcoin always maintained itself and finally is getting the adoption and the recognition it deserves now..
Early to be talking about it replacing money or being the new money, but as it is going now. it does have the potential to do so.
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February 15, 2017, 08:16:50 PM
 #880

I do not think that this is the future of money, but the future of the digital payments on the Internet, of course it is !
but i think bitcoin is the future but it will take a little more time, as people are now giving importance to online services and specially in big shops that trend is increasing more and more. while in backward areas i think it will still take a lot of time.



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