Is Bitcoin Really The Future Of Money?

[diegz]

Maybe soon or in the future bitcoin will become a money if the all countries will approved about that but it takes long time to make a bitcoin become a primary currency in the world because other countries didn't accepts bitcoins as payment to their country and it is banned.

It will be in the far away future. I am okay with the bitcoin's position right now, as long as it is being accepted as money or we can use it, it's good. Dreaming too much that it will become the future of money and replace every money existing in this world, that is too much. Becoming mainstreams is good enough, I could not ask for more. 

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[bitllionaire]

We need to believe that bitcoin would be a future money, bitcoin created to help more people who really need cash and also to have an additional investment for those people who are risk taker.

Yes as long as we support the said cyptocurrency. If majority of the inhabitants supports it, I am sure it is really the future money. If something happens that it will not the future money, at least bitcoins laid the foundation of the said new currency. Bitcoin open us the opportunity and open the reality that indeed, a decentralized currency is very possible and its now happening.

although currently the users of bitcoins are not appreciable and the only reason is that most of the people do not know about bitcoin and rest of the people who know about bitcoin so most of them feel reluctant to invest their money in bitcoin. actually they need proper knowledge about bitcoin so  that they can put their confidence on bitcoin. we can hope that in future the more and more people will start using bitcoin.

[dotajhay]

Maybe soon or in the future bitcoin will become a money if the all countries will approved about that but it takes long time to make a bitcoin become a primary currency in the world because other countries didn't accepts bitcoins as payment to their country and it is banned.

I wish they make a bitcoin debit card that connects to your bitcoin wallet and converts to real money so that we easily cashout our money anytime and anywhere and when in rush and make it a primary currency in the world 

[Natalim]

We need to believe that bitcoin would be a future money, bitcoin created to help more people who really need cash and also to have an additional investment for those people who are risk taker.

Yes as long as we support the said cyptocurrency. If majority of the inhabitants supports it, I am sure it is really the future money. If something happens that it will not the future money, at least bitcoins laid the foundation of the said new currency. Bitcoin open us the opportunity and open the reality that indeed, a decentralized currency is very possible and its now happening.

although currently the users of bitcoins are not appreciable and the only reason is that most of the people do not know about bitcoin and rest of the people who know about bitcoin so most of them feel reluctant to invest their money in bitcoin. actually they need proper knowledge about bitcoin so  that they can put their confidence on bitcoin. we can hope that in future the more and more people will start using bitcoin.

We don't need others to appreciate us because for sure one they understand what bitcoin is they will begin to explore the benefits of using bitcoin. That needs time and we have to give them time, it is not easy for them to understand as we do not have the same level of comprehension but let us be constant with our belief that bitcoin will be the future.

[neochiny]

Bitcoin is considered to be the current currency even today. We can shop with Bitcoin. We trade in Bitcoin stock exchanges. We can exchange services for BTC. I do not need to wait for the future. Even now bitcoin has become a valid currency.

Bitcoin will be valid if it is considered as legal in every country who knows about it
if not, bitcoin will be considered as a bunch of codes that will disrupt the economy
and need to be Ban and need to be stopped.

[Maslate]

Bitcoin is considered to be the current currency even today. We can shop with Bitcoin. We trade in Bitcoin stock exchanges. We can exchange services for BTC. I do not need to wait for the future. Even now bitcoin has become a valid currency.

Bitcoin will be valid if it is considered as legal in every country who knows about it
if not, bitcoin will be considered as a bunch of codes that will disrupt the economy
and need to be Ban and need to be stopped.

Bitcoin is not a major threat for the government, they are way more powerful than the entire community of bitcoin, it will not disrupt their operation but might only lead to a possible illegal activities online which I think they are way against of it. Bitcoin will be the future in crypto currencies and we will enjoy using it more once more people will adopt but not the future of money for sure.

[neochiny]

Bitcoin is considered to be the current currency even today. We can shop with Bitcoin. We trade in Bitcoin stock exchanges. We can exchange services for BTC. I do not need to wait for the future. Even now bitcoin has become a valid currency.

Bitcoin will be valid if it is considered as legal in every country who knows about it
if not, bitcoin will be considered as a bunch of codes that will disrupt the economy
and need to be Ban and need to be stopped.

Bitcoin is not a major threat for the government, they are way more powerful than the entire community of bitcoin, it will not disrupt their operation but might only lead to a possible illegal activities online which I think they are way against of it. Bitcoin will be the future in crypto currencies and we will enjoy using it more once more people will adopt but not the future of money for sure.

It's not about how small the community of bitcoin is but it's about its capabilities of disrupting
the economy. I'm not saying that bitcoin is a bad thing, but there are people who are concerned
about its growth.

some of the articles I have read this past few months.

link: https://yro.slashdot.org/story/15/04/30/174218/bitcoin-is-disrupting-the-argentine-economy
link: https://www2.deloitte.com/mt/en/pages/financial-services/articles/mt-banking-alert-019-blockchain-is-coming-to-disrupt-your-industry.html
link: http://www.visualcapitalist.com/how-bitcoin-can-and-will-disrupt-financial-system/
link:https://www.nytimes.com/2015/05/03/magazine/how-bitcoin-is-disrupting-argentinas-economy.html?_r=0

[Victorycoin]

Bitcoin is considered to be the current currency even today. We can shop with Bitcoin. We trade in Bitcoin stock exchanges. We can exchange services for BTC. I do not need to wait for the future. Even now bitcoin has become a valid currency.

yes from now it is a currency but with the sentence 'the future of money' we mean that in the future everyone will prefer bitcoin as their money for every transaction. None of the business will like to see to dollar or any other currency for their international currency.

Am afraid that is not really what is meant by Bitcoin being the future of money! What that simple means is that Bitcoin would become a model for future money and most other forms of payment would recognize it as one and take a cue from it. The authorities are well aware of that and the main reason they are trying to undo Bitcoin, is because they are without doubt that Bitcoin have what it takes to relegate their local currencies to the background, if not the museums!

[zoho]

I don't think so. It definitely should be the future of money, but it is not because the population of the world doesn't control or decide what the currency will be, its the leaders and the governments which decide that, and they are no way in favor of bitcoin becoming the future of money.

bitcoin may or may not evolve in future.as of now, the vitality of bitcoin is not clear.

[st0nefish]

Bitcoin is considered to be the current currency even today. We can shop with Bitcoin. We trade in Bitcoin stock exchanges. We can exchange services for BTC. I do not need to wait for the future. Even now bitcoin has become a valid currency.

everything that spendable to trade (buy/sell) stuff considered as money ,
and bitcoin come with a breakthough full of helpful technology ,
like a decentralization , no tax in it and a lot of benefit ,
people just not realized yet about how benefical bitcoin rather than to use any other currency as money.

Because people still do not know the concept of bitcoin. It's not easy for people to change their normal habits. There are even people who read computer science and do not hear bitcoin.

There are many advantages provided by Bitcoin. But its use for normal people is still impractical.

[Xester]

Joseph Stiglitz, nobel prize winning economist who appreciated the US government for shutting down the bitcoin for the reason of easy corruption, tax evasion and tax avoidance have shown positive signs in a recent Economic conference. He has suggested that countries like USA need to move from fiat towards digital currency. He too stated that, though it has got some drawbacks in the long run it moves in the right direction.

Those are the reason why government will make a move against bitcoin if corruption, money laundering, tax evasion and illegal activities will be rampant. If those users will continue using bitcoin in their illicit activities then bitcoin could be banned in almost all countries. That is the biggest threat to  bitcoin and the only reason that will bring end to bitcoin industry.

[millgates]

I don't think so. It definitely should be the future of money, but it is not because the population of the world doesn't control or decide what the currency will be, its the leaders and the governments which decide that, and they are no way in favor of bitcoin becoming the future of money.

bitcoin may or may not evolve in future.as of now, the vitality of bitcoin is not clear.

How about the democracy? if all people want to use bitcoin government have to let it. Which one is the right thing, government is who serve us or us is who serve government?

[Vikingr]

Joseph Stiglitz, nobel prize winning economist who appreciated the US government for shutting down the bitcoin for the reason of easy corruption, tax evasion and tax avoidance have shown positive signs in a recent Economic conference. He has suggested that countries like USA need to move from fiat towards digital currency. He too stated that, though it has got some drawbacks in the long run it moves in the right direction.

Those are the reason why government will make a move against bitcoin if corruption, money laundering, tax evasion and illegal activities will be rampant. If those users will continue using bitcoin in their illicit activities then bitcoin could be banned in almost all countries. That is the biggest threat to  bitcoin and the only reason that will bring end to bitcoin industry.

By banning bitcoin the governments do not have to think that they will stop the corruption and other illegal activities because these corruptions and illegal activities are from long ago when bitcoin was not in existence. A corruption take place when the facilities are not properly provided to the citizens by a state. The important thing to stop the corruption is to facilitate all of their citizens with their fundamental rights and other life needs.

[iqlimasyadiqa]

I don't think so. It definitely should be the future of money, but it is not because the population of the world doesn't control or decide what the currency will be, its the leaders and the governments which decide that, and they are no way in favor of bitcoin becoming the future of money.

bitcoin may or may not evolve in future.as of now, the vitality of bitcoin is not clear.

How about the democracy? if all people want to use bitcoin government have to let it. Which one is the right thing, government is who serve us or us is who serve government?

should as a citizen we were offered services. we have provided a tax to the government each year. but the government is still frightened to admit the existence of bitcoin. bitcoin today still not freely circulating in many countries.

[jackson997]

im pretty sure bitcoin is the future so its right time to buy more.

[1Referee]

but the government is still frightened to admit the existence of bitcoin. bitcoin today still not freely circulating in many countries.

What exactly do you mean by that? Bitcoin as it is, aside from governments putting whatever ridiculous sanctions in place, can be used everywhere at any time. In some cases financial institutions and other related businesses aren't allowed to work with Bitcoin in whatever form, but that doesn't affect you as regular Bitcoin user. It's only that you need to be more creative when it comes to acquiring Bitcoins if you live in a country where businesses aren't allowed to deal with Bitcoin and crypto in general. You can either offer services here on this forum, participate in signature campaigns, look for people selling Bitcoin face to face, etc. No matter what sanctions businesses in certain countries are subject to, there are enough ways to collect yourself some coins.

[Victorycoin]

Joseph Stiglitz, nobel prize winning economist who appreciated the US government for shutting down the bitcoin for the reason of easy corruption, tax evasion and tax avoidance have shown positive signs in a recent Economic conference. He has suggested that countries like USA need to move from fiat towards digital currency. He too stated that, though it has got some drawbacks in the long run it moves in the right direction.

Those are the reason why government will make a move against bitcoin if corruption, money laundering, tax evasion and illegal activities will be rampant. If those users will continue using bitcoin in their illicit activities then bitcoin could be banned in almost all countries. That is the biggest threat to  bitcoin and the only reason that will bring end to bitcoin industry.

By banning bitcoin the governments do not have to think that they will stop the corruption and other illegal activities because these corruptions and illegal activities are from long ago when bitcoin was not in existence. A corruption take place when the facilities are not properly provided to the citizens by a state. The important thing to stop the corruption is to facilitate all of their citizens with their fundamental rights and other life needs.

First question is, how would something that is decentralized, borderless and free be banned and by all the governments? If that were to be possible, they (the governments) would have already slammed and banned Bitcoin well before now, but fortunately for us, this is the time for the cryptocurrencies with Bitcoin as the pioneer and the revolution have just started.
 
Can someone quickly search and see if corruption, money laundering, tax evasion and illegal activities became part of mankind only some eight years ago, when Bitcoin made its debut or they were already on ground? If Bitcoin came to meet it all, can someone please advice the authorities to stop chasing shadows and sincerely go after the substances, that are the root causes of those problems!

[deisik]

Joseph Stiglitz, nobel prize winning economist who appreciated the US government for shutting down the bitcoin for the reason of easy corruption, tax evasion and tax avoidance have shown positive signs in a recent Economic conference. He has suggested that countries like USA need to move from fiat towards digital currency. He too stated that, though it has got some drawbacks in the long run it moves in the right direction.

Those are the reason why government will make a move against bitcoin if corruption, money laundering, tax evasion and illegal activities will be rampant. If those users will continue using bitcoin in their illicit activities then bitcoin could be banned in almost all countries. That is the biggest threat to  bitcoin and the only reason that will bring end to bitcoin industry.

That would be only pretext for banning Bitcoin

Bitcoin is too small yet to make any significance as a tool in the hands of criminals. On the other hand, whatever kind of illegal activity you look at, Bitcoin is far from being perfect there. Maybe, the only field where it beats cash is bribery since you don't need to hand over bags or stacks of money face to face, which greatly reduces risks associated with this illegal activity (e.g. the risk of being caught red-handed). But I haven't heard much about this side of Bitcoin, though it is possible that it is so good that no one actually gets caught

[Ewinsane]

im pretty sure bitcoin is the future so its right time to buy more.

you are right that bitcoin is really the future of money and we know bitcoin getting more stronger and a lot of people buying bitcoin for the future because they know bitcoin will be give us a big profit in the future.

[Gameroid]

im pretty sure bitcoin is the future so its right time to buy more.

you are right that bitcoin is really the future of money and we know bitcoin getting more stronger and a lot of people buying bitcoin for the future because they know bitcoin will be give us a big profit in the future.

i will also like to agree you, because the new generation interest is changing from fiat to digital currency therefore bitcoin can be their 1st choice because there is no other such online currency which is present in all over the world except bitcoin, therefore we can say that bitcoin is the future of Money.