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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68736 times)
Antonio G.
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February 15, 2017, 10:08:32 AM
 #861

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
 #862

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
 #863

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
 #864

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
 #865

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
 #866

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
 #867

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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February 15, 2017, 01:27:39 PM
 #868

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
 #869

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
 #870

... 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
 #871

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
 #872

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
 #873

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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February 16, 2017, 12:55:46 AM
 #874

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.

Potential doesn't help if it is not realized. What you see as small bumps on the road could grow into mountains if we don't tackle them quickly. I hope issues like the block size debate get resolved quickly.


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February 16, 2017, 02:16:56 AM
 #875

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.
Before you speculate about bitcoin being the future of money, maybe you need to take time knowing the estimated total users of bitcoin compared to those who uses fiat. Bitcoin is a threat to fiat but not a big threat yet, the future is always bright with bitcoin due to its unique features that fiat does not possess but in terms of trust and confidence of the people, we are behind fiat.

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February 16, 2017, 11:32:22 AM
 #876

It's like asking is the computer the future of type writer?

Yes it is Bitcoin/other crypcurrencies is the future of money because most of the functions of people right now is in a digital way and along with money also it will be digitilized no matter what we don't want it, it is inevitable.



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Rainbot
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February 16, 2017, 01:15:00 PM
 #877

It's like asking is the computer the future of type writer?

Yes it is Bitcoin/other crypcurrencies is the future of money because most of the functions of people right now is in a digital way and along with money also it will be digitilized no matter what we don't want it, it is inevitable.
It's an undeniable fact that people are paying more attention to bitcoin and blockchain technology, and bitcoin has now appeared in quite a lot of stores, and those seem to make bitcoin very promising and potential for a future where bitcoin is widely used and accepted. But bitcoin is revolutionary and the world can't fully adopt it when its volatility still drives merchants crazy.

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traderethereum
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February 16, 2017, 01:36:47 PM
 #878

It's like asking is the computer the future of type writer?

Yes it is Bitcoin/other crypcurrencies is the future of money because most of the functions of people right now is in a digital way and along with money also it will be digitilized no matter what we don't want it, it is inevitable.
It's an undeniable fact that people are paying more attention to bitcoin and blockchain technology, and bitcoin has now appeared in quite a lot of stores, and those seem to make bitcoin very promising and potential for a future where bitcoin is widely used and accepted. But bitcoin is revolutionary and the world can't fully adopt it when its volatility still drives merchants crazy.

no doubts for this, bitcoin have a good plan to be future of money and bitcoin don't have limitations like money/fiat and this is why bitcoin is really promising for future. if there is more store online and offline, i am sure that bitcoin will reach more people to use bitcoin in daily and they will spend and buy with bitcoin.
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February 16, 2017, 02:05:41 PM
 #879

It's like asking is the computer the future of type writer?

Yes it is Bitcoin/other crypcurrencies is the future of money because most of the functions of people right now is in a digital way and along with money also it will be digitilized no matter what we don't want it, it is inevitable.

That is way too different to be compared.
I only agree with the way people are using digital technology now but still there are people who don't and we have to consider that fact.
We are talking about money here. This case it is fiat. You change a fiat you change how the one whole country will negotiate with their trades specially with the street vendors.
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February 16, 2017, 02:07:33 PM
 #880

Bitcoin is the future of money because it is fast and safe.
And you don't have to give your ID which makes it better for some people.
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