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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68736 times)
batang_bitcoin
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March 14, 2017, 02:38:21 AM
 #981


Time will show us whether Bitcoin can become popular and be used by many people or not. As you can see, the number of bitcoin users increase every year and it is certain that most of them enjoy this type of currency. Bitcoin is one of the new technologies and we have to admit that people can not easily understand and accept. They need more time to learn and to practice using bitcoin more ofter. If that happens, Bitcoin will be used as the main currency of the Earth and store will choose Bitcoin as a payment method

I am sure bitcoin will be a huge of payment method in the world.
yes, you are right. bitcoin user always increase every year. we can see that, many of people to using bitcoin for the payment.

Those who have once tried to use Bitcoin understand that it has many advantages over national currencies. Therefore, I am sure that with each year users of bitcoin will become more
This is true but bitcoin also has some issues, probably the biggest at the moment is the huge rise in fees that has happen in the last months and how slow the network seems to be working.

I'm seeing a lot of people complaining about the rise of fees well I guess that appropriate because we saw that the price of bitcoin is also increasing. And that's why we just need to expect that there would be more increase in fees. With the network traffic, the core devs are planning to do something about it already.



 

 

 

 

 

 


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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Ashong Salonga
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March 15, 2017, 12:44:48 AM
 #982

As you can see the bitcoin is being popular by every each day. With every time passes, the number of bitcoin user is increases. We are in the modern world and many people have using internet, so if will they know that they have a chance to get money from internet they will go for it. If everyone have known about bitcoin they will use it as mode of payment then its not far to the bitcoin to become the future money.

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March 15, 2017, 01:11:31 AM
 #983

bitcoin could be the future of money if everyone adopts bitcoin and use bitcoin currency as usual, then I believe bitcoin will be the future of money, but I hope that bitcoin will quickly become future money.
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March 15, 2017, 02:10:52 AM
 #984

bitcoin could be the future of money if everyone adopts bitcoin and use bitcoin currency as usual, then I believe bitcoin will be the future of money, but I hope that bitcoin will quickly become future money.
i agree if bitcoin will become future money,but its almost impossible for all people adopts and use bitcoin,because until now i didn't see many bitcoin start using bitcoin,esspesially in my country.
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March 16, 2017, 10:37:50 PM
 #985


Time will show us whether Bitcoin can become popular and be used by many people or not. As you can see, the number of bitcoin users increase every year and it is certain that most of them enjoy this type of currency. Bitcoin is one of the new technologies and we have to admit that people can not easily understand and accept. They need more time to learn and to practice using bitcoin more ofter. If that happens, Bitcoin will be used as the main currency of the Earth and store will choose Bitcoin as a payment method

I am sure bitcoin will be a huge of payment method in the world.
yes, you are right. bitcoin user always increase every year. we can see that, many of people to using bitcoin for the payment.

Those who have once tried to use Bitcoin understand that it has many advantages over national currencies. Therefore, I am sure that with each year users of bitcoin will become more
This is true but bitcoin also has some issues, probably the biggest at the moment is the huge rise in fees that has happen in the last months and how slow the network seems to be working.

I'm seeing a lot of people complaining about the rise of fees well I guess that appropriate because we saw that the price of bitcoin is also increasing. And that's why we just need to expect that there would be more increase in fees. With the network traffic, the core devs are planning to do something about it already.
But, it isn’t the other way around? The miners are getting higher returns because bitcoin is now more expensive, the same amount of fees will give them more earnings so I don’t think the price of bitcoin is related to the rise in fees this seems to be a demand and supply issue.
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March 16, 2017, 11:25:05 PM
 #986

Bitcoin sucks.

Everyday, some six pack joe gets hacked and all funds end up in the hands of immoral people (or he gets scammed with no recourse as with fiat).

Not to mention, all bitcoin / altcoin markets are heavily manipulated to rob the average trade / investor, or are scams.

Maybe something better will exist in future, but for now, I prefer fiat for payments, investments, anything involving any sort of trust.

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March 17, 2017, 02:47:03 AM
 #987

Bitcoin sucks.

Everyday, some six pack joe gets hacked and all funds end up in the hands of immoral people (or he gets scammed with no recourse as with fiat).

Not to mention, all bitcoin / altcoin markets are heavily manipulated to rob the average trade / investor, or are scams.

Maybe something better will exist in future, but for now, I prefer fiat for payments, investments, anything involving any sort of trust.
That's your opinion but I'm sure if the majority will speak, they would choose bitcoin over other investment. I think being hacked is due to poor security and negligence of the owner, that does not do with the overall market of bitcoin as that is not heavily happening now. As time passes, security has improve and it's up to the owner on how to safeguard his assets effectively.

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March 18, 2017, 02:07:09 AM
Last edit: March 19, 2017, 12:15:32 AM by Silberman
 #988

Bitcoin sucks.

Everyday, some six pack joe gets hacked and all funds end up in the hands of immoral people (or he gets scammed with no recourse as with fiat).

Not to mention, all bitcoin / altcoin markets are heavily manipulated to rob the average trade / investor, or are scams.

Maybe something better will exist in future, but for now, I prefer fiat for payments, investments, anything involving any sort of trust.
While it is not right that a person gets hacked and losses all of its funds, holding bitcoin is a greater responsibility since we must not forget we are our own banks so if you lose your money then there is no one you can turn to get help.
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March 18, 2017, 02:14:14 AM
 #989

Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.
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March 18, 2017, 02:16:32 AM
 #990

Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
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March 18, 2017, 05:15:32 AM
 #991

Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
Government's support would help to widespread its market. However, without the support of governments, bitcoin can stand by itself successfully.
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March 18, 2017, 05:38:27 AM
 #992

Bitcoin is successful even without the support of the government, we don't need them. They will just use and take over the opportunities of BTC, there is possibility to lessen the features what we are enjoying now. One of the worst thing can happen is make the transaction fee higher for the tax.

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March 18, 2017, 05:52:08 AM
 #993

Bitcoin is successful even without the support of the government, we don't need them. They will just use and take over the opportunities of BTC, there is possibility to lessen the features what we are enjoying now. One of the worst thing can happen is make the transaction fee higher for the tax.
Well, slowly, people conducting online transactions, and bitcoin will become the main choice. even without government support, bitcoin will grow, especially if the price of bitcoin is very high as it is today. perhaps, everyone will assume that bitcoin is an international currency.

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deppil
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March 18, 2017, 06:00:56 AM
 #994

Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
I doubt the government will agree to adopt bitcoin. because of course it will threaten the local currency, income, etc. but when bitcoin legalization is certainly no barrier anymore for bitcoin to thrive
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March 18, 2017, 06:10:41 AM
 #995


I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.
I doubt the government will agree to adopt bitcoin. because of course it will threaten the local currency, income, etc. but when bitcoin legalization is certainly no barrier anymore for bitcoin to thrive

Yeah, if bitcoin legalized by the government then it can make a country's currency worthless. Because people would prefer to use bitcoin whose value is always up. But for countries that use the dollar I think it safe to legalize bitcoin. But keep in mind that if the government legalizes bitcoin, then the government will control the activities of use bitcoin. And might we pay taxes for using bitcoin. It could be said to be an obstacle to using bitcoin, because when we have a lot bitcoin will of course be heavily taxed as well. So I think bitcoin better in the current conditions like in my country, the government does not legalize or prohibit bitcoin. Thank you
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March 18, 2017, 08:21:17 AM
 #996

bitcoin could be the future of money if everyone adopts bitcoin and use bitcoin currency as usual, then I believe bitcoin will be the future of money, but I hope that bitcoin will quickly become future money.
i agree if bitcoin will become future money,but its almost impossible for all people adopts and use bitcoin,because until now i didn't see many bitcoin start using bitcoin,esspesially in my country.

Adaptation of new currency is very hard for people especially this bitcoin a crytocurrency, but once the government introduces it to the countryman then for sure bitcoin will hit up high.
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March 18, 2017, 08:28:22 AM
 #997

Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.

I don't necessarily think that every government needs to support bitcoin for people to adopt it. I think a lot needs to be done but not necessarily government approval. Who knows though.

This is somewhat true. The reason i am agreeing to it as bitcoin is online available and government has no or very little say in order to adopt or dont adopt bitcoin. Its only the people who will decide the adoption and not the governments.
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March 18, 2017, 08:42:34 AM
 #998

Yes, bitcoin is the future of money. The government will get the idea of crypto currency and maybe adopting the blockchain technology. And for us who are in crypto currencies this is a sure thing, transactions will be automated with bitcoin and that is going to give the investors and businesses to simply adopt it too.



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nethan1btc
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March 18, 2017, 08:43:21 AM
 #999

Yeah bitcoin is really a future of money because today it became a sustainable income of most of the users online who really work hard to generate profit from digital currency. So we are to be more convenient in the future of money and that money is digital transactions.
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March 19, 2017, 12:17:18 AM
 #1000

Bitcoin is really the future money, actually people are starting to adopt it, unluckly not all people can access internet to have it and use it. But then once we get the support of the government of each country then for sure people will feel easy to access it.
No government is going to support bitcoin since they know very well bitcoins is competition for the fiat they produce and there is no doubt in my mind they are not happy with the competition offers since there is the possibility bitcoin gains adoption and people decide to adopt bitcoin instead of their fiat.
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