Is Bitcoin Really The Future Of Money?

[South Park]

Bitcoin will be one of the future currencies as it has opened door to many opportunities and towards digital money showing good pattern based on blockchain. I don't have any doubt of it being important part of next digital money backed by different states. Bitcoin is future money all this money flow into it isn't for nothing.

I agree to you , Bitcoin can be the future money cause it is the number one crypto today and everyday many peoples
is starting to use bitcoin as their second currency , But their is a possibility that bitcoin cannot survive in the
future because we dont know if our governments has a plans to ban bitcoin in every counties we dont know what might
happen in the future but im still believing that bitcoin will be our future money.

Me too, bitcoin really have the future to be and turns to fiat money, all we need is a support from the government to publish and let people be open to use bitcoin and then this will be the next move for the bitcoin to be a future money not only in one country but all over the world.

Don’t expect any government to support a technology that affects them directly in the monopoly they have over printing the currency their citizens are using, bitcoin is the future, but there are many technologies that disappeared for lack of support and adoption.

[Viscore]

I hope so while its continuing to outburst all over the world,in due time if everyone and even up to business,market and everything that goes beyond using bitcoin then i shall say that it maybe the future of money,come to think of it.As it continue to grow then why not?

[Amph]

The price of bitcoins reached $1000. THEY ARE THE FUTURE. The ease of transactions, the security and the entire concept make bitcoins stand out. Some may argue, but they are definitely the future of currency. More heads are turning towards this concept.

for now if they don't come in agreement to the scaling solution bitcoin can't simply be the future of money with fee that will be bigger and bigger, and transactions that are stuck all over the place

imagine bitcoin reaching 1T and having still 1MB limit, millions of transaction would be stuck forever, and would only lead bitcoin to be unsed and eventually forgotten at some point

[Dudeperfect]

I hope so while its continuing to outburst all over the world,in due time if everyone and even up to business,market and everything that goes beyond using bitcoin then i shall say that it maybe the future of money,come to think of it.As it continue to grow then why not?

I think if we are expecting the growth of bitcoin then we must do some contribution by building awareness about this technology, at least on our individual level. This technology has very strong core values which might be enough to give it more priority than the traditional fiat system. Businesses are always looking to reduce their costs and if bitcoin is helping them in doing so then why they won’t use it? I see a good picture for the companies like bitpay.

[KennyR]

Bitcoin have already proved its existence and its spreading globally. Due this existence price of BTC is climbing skyrocket soon. But as per topic mentioned "The Future of Money". Actually bitcoin is not just a currency, it has become a solid commodity. Many investors are just staking Bitcoins for future price jump.

People around the world who are into digital currency usage has started to use bitcoin as a solid commodity. It has proven to be strong and long lasting with the volatility similar to national currencies. During the past years users feared of implementing it into their businesses. Now it has got a status similar to the currencies which we use in daily life. This has helped to get more acceptance for bitcoin in several businesses.

[MMA]

no, bitcoin will be the part of the future money!

i think bitcoin is really the future of money, because the new generation is taking interest in online trading therefore online currency is really necessary for them, and therefore they are proffering bitcoin as bitcoin can meet all their necessities.

[deisik]

The price of bitcoins reached $1000. THEY ARE THE FUTURE. The ease of transactions, the security and the entire concept make bitcoins stand out. Some may argue, but they are definitely the future of currency. More heads are turning towards this concept.

for now if they don't come in agreement to the scaling solution bitcoin can't simply be the future of money with fee that will be bigger and bigger, and transactions that are stuck all over the place

imagine bitcoin reaching 1T and having still 1MB limit, millions of transaction would be stuck forever, and would only lead bitcoin to be unsed and eventually forgotten at some point

You don't take into account a very important factor. It is obvious that you don't consider the median value of Bitcoin transactions. 1T dollars of market cap (as I understand it you refer to the Bitcoin market cap here) is roughly 66 times higher than what we have now (~15B dollars). In this manner, 1M blocks will do just fine if the median Bitcoin transaction value increases likewise. Do you know what it equals right now? But don't confuse median value with mean value. Provided you follow established understanding of the terms in the first place, of course...

Otherwise, it makes no sense discussing altogether

[Ravion]

I believe it's the future. Crypto is better than fiat in every way imaginable, except that the world understands, trusts, and uses fiat. Once that scale starts tipping and bitcoin is easier to understand, people start building trust, and it becomes more widely adopted, there will be a total of zero reasons the world will continue to use fiat over crypto. The only difficulty in that happening will be corporations and governments that will be unable - by definition (which is the scary part) - to adopt it. That's when a revolution comes in to play, and the world changes forever.

Fiat will exist as long as governments will do, and people will be forced to use it if they are going to pay taxes or get paid themselves for offering their services in the public sector. Therefore, I don't think it is quite correct to say that there will be totally no reason to use fiat. Governments are powerful and as long as they remain so, they won't accept Bitcoin as a viable alternative to fiat money. I mean, for example, as legal tender for paying taxes.

maybe you're right, if the government will not make legal use of bitcoin as an alternative, but basically bitcoin has been used as a substitute for cash payment alternative for now. fiat probably will still exist, but, I guess when everyone knows that bitcoin has the potential to make them benefit, probably bitcoin could have equal popularity with fiat, even when the government made illegal menjadl bitcoin.

Those are good points. I think that if large segments of the population were to start using Bitcoin as their primary currency, that would mean that peoples' notion of government has changed. They would be using a form of money that basically keeps the government completely out of their business. It would also mean that people have rejected central banking. That would be a revolution.
But consider also that roughly half of the population does want the government to be involved in the economy. This means that categorically half of the population would not favor Bitcoin (or similar) becoming the primary currency.

[GMPoison]

I believe it's the future. Crypto is better than fiat in every way imaginable, except that the world understands, trusts, and uses fiat. Once that scale starts tipping and bitcoin is easier to understand, people start building trust, and it becomes more widely adopted, there will be a total of zero reasons the world will continue to use fiat over crypto. The only difficulty in that happening will be corporations and governments that will be unable - by definition (which is the scary part) - to adopt it. That's when a revolution comes in to play, and the world changes forever.

Fiat will exist as long as governments will do, and people will be forced to use it if they are going to pay taxes or get paid themselves for offering their services in the public sector. Therefore, I don't think it is quite correct to say that there will be totally no reason to use fiat. Governments are powerful and as long as they remain so, they won't accept Bitcoin as a viable alternative to fiat money. I mean, for example, as legal tender for paying taxes.

maybe you're right, if the government will not make legal use of bitcoin as an alternative, but basically bitcoin has been used as a substitute for cash payment alternative for now. fiat probably will still exist, but, I guess when everyone knows that bitcoin has the potential to make them benefit, probably bitcoin could have equal popularity with fiat, even when the government made illegal menjadl bitcoin.

Those are good points. I think that if large segments of the population were to start using Bitcoin as their primary currency, that would mean that peoples' notion of government has changed. They would be using a form of money that basically keeps the government completely out of their business. It would also mean that people have rejected central banking. That would be a revolution.
But consider also that, roughly half of the population does want the government to be involved in the economy. This means that categorically half of the population would not favor Bitcoin (or similar) becoming the primary currency.

Like I always say - whether bitcoin is banned by every country in the world or it becomes the standard global currency - the future is going to be very very interesting.

[bitbob82]

no, bitcoin will be the part of the future money!

i think bitcoin is really the future of money, because the new generation is taking interest in online trading therefore online currency is really necessary for them, and therefore they are proffering bitcoin as bitcoin can meet all their necessities.

yes i am also agree with you to me i think it is a fact that bitcoin is now becoming the future of money because people are no taking interest in bitcoin and bitcoin is gradually becoming more stable and popular.

[Botnake]

no, bitcoin will be the part of the future money!

i think bitcoin is really the future of money, because the new generation is taking interest in online trading therefore online currency is really necessary for them, and therefore they are proffering bitcoin as bitcoin can meet all their necessities.

yes i am also agree with you to me i think it is a fact that bitcoin is now becoming the future of money because people are no taking interest in bitcoin and bitcoin is gradually becoming more stable and popular.

Therefore we should continue supporting it, the price has drop lately and now we are back on track. Expect another price increase again and this time it will be continuous, I believe people are really supportive and as investor it's our duty to make the price very good looking as a good price will attract more people to adopt.

[mkmdoc]

I believe it's the future. Crypto is better than fiat in every way imaginable, except that the world understands, trusts, and uses fiat. Once that scale starts tipping and bitcoin is easier to understand, people start building trust, and it becomes more widely adopted, there will be a total of zero reasons the world will continue to use fiat over crypto. The only difficulty in that happening will be corporations and governments that will be unable - by definition (which is the scary part) - to adopt it. That's when a revolution comes in to play, and the world changes forever.

Fiat will exist as long as governments will do, and people will be forced to use it if they are going to pay taxes or get paid themselves for offering their services in the public sector. Therefore, I don't think it is quite correct to say that there will be totally no reason to use fiat. Governments are powerful and as long as they remain so, they won't accept Bitcoin as a viable alternative to fiat money. I mean, for example, as legal tender for paying taxes.

maybe you're right, if the government will not make legal use of bitcoin as an alternative, but basically bitcoin has been used as a substitute for cash payment alternative for now. fiat probably will still exist, but, I guess when everyone knows that bitcoin has the potential to make them benefit, probably bitcoin could have equal popularity with fiat, even when the government made illegal menjadl bitcoin.

Those are good points. I think that if large segments of the population were to start using Bitcoin as their primary currency, that would mean that peoples' notion of government has changed. They would be using a form of money that basically keeps the government completely out of their business. It would also mean that people have rejected central banking. That would be a revolution.
But consider also that, roughly half of the population does want the government to be involved in the economy. This means that categorically half of the population would not favor Bitcoin (or similar) becoming the primary currency.

Like I always say - whether bitcoin is banned by every country in the world or it becomes the standard global currency - the future is going to be very very interesting.

I like your point but how can you say that governments will ban bitcoin, if they really want to ban bitcoin means already it has happened. But right now already it is global currency with no boss every one has right to buy and right to sell with out anybody control on it.

[qiwoman2]

Bitcoin has certainly accelerated the path and way forward for digitizing money. Now many central banks across the globe are looking with great interest into bitcoin blockchain technology in order to issue electronic money in the near future. THE BITCOIN idea of decentralized money is even more important and gives hope for a universal cry of freedom to be heard by the world's inhabitants who embrace it.

[Text]

I trust bitcoin and it can be the future of our money. With the help of our modern/current technologies, the development of it would be improved and all things is possible to happen. BTC is already the money of internet for me now.

[lol3c]

I trust bitcoin and it can be the future of our money. With the help of our modern/current technologies, the development of it would be improved and all things is possible to happen. BTC is already the money of internet for me now.

Well, If you trust Bitcoin, it will bring you a lot of benefits and advantage in the future. This new innovation will absolutely help us a lot in developing our cyber system and sweep away the centralization. Using Bitcoin is the best way to increase the Bitcoins' reputation and I am very happy to know that you determine Bitcoin as a type of currency

[alphablitzer]

I trust bitcoin and it can be the future of our money. With the help of our modern/current technologies, the development of it would be improved and all things is possible to happen. BTC is already the money of internet for me now.

Well, If you trust Bitcoin, it will bring you a lot of benefits and advantage in the future. This new innovation will absolutely help us a lot in developing our cyber system and sweep away the centralization. Using Bitcoin is the best way to increase the Bitcoins' reputation and I am very happy to know that you determine Bitcoin as a type of currency

Of course, when you believe in something that could change the world, it will. When you think about it, the people that believed in Bitcoin during its early stages really have experienced the benefits that it offered. The prices now are great compared to the early stages of course. It's going to be a game changer.

[wutard]

I would say it is not worth so much hope that bitcoin will completely replace real money. All financial issues will be resolved by the old, simply Bitcoin is a digital currency and pay it will be possible only through the Internet.

[onelove2111]

I trust bitcoin and it can be the future of our money. With the help of our modern/current technologies, the development of it would be improved and all things is possible to happen. BTC is already the money of internet for me now.

Well, If you trust Bitcoin, it will bring you a lot of benefits and advantage in the future. This new innovation will absolutely help us a lot in developing our cyber system and sweep away the centralization. Using Bitcoin is the best way to increase the Bitcoins' reputation and I am very happy to know that you determine Bitcoin as a type of currency

Of course, when you believe in something that could change the world, it will. When you think about it, the people that believed in Bitcoin during its early stages really have experienced the benefits that it offered. The prices now are great compared to the early stages of course. It's going to be a game changer.

Everything will continue as before and follow the same course. Do not think that things will change dramatically, and thus change the world. Nothing will happen. That's for sure.

[BrockHunter]

Its the future but if it really will be the bitcoin that is the question today, the fact is that everything is gonna be digital.

[Sierra82fit]

Its the future but if it really will be the bitcoin that is the question today, the fact is that everything is gonna be digital.

Probably it does in the future, because many experts predict that cash will soon lose its urgency and people refuse them. Perhaps they will be replaced by bitcoin, since only digital currency will continue to exist.