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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68445 times)
Andri.Ghani
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June 11, 2017, 08:16:09 AM
 #1021

I think that might be the case with bitcoin, to be the future digital currency that will facilitate online transactions worldwide.
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June 11, 2017, 08:52:00 AM
 #1022

I think it is just for online use purposes, because bitcoin don't have a stable value, maybe when the time comes that bitcoin has already have stable value then I think there is a possibility that bitcoin become also a Money.

A contradiction in your words. Although bitcoin is only useful when it comes to the existence of the internet, it is showing its importance and development potential, it has the potential to become the world's currency.
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June 11, 2017, 08:55:08 AM
Last edit: June 11, 2017, 12:33:27 PM by Bezobraznike
 #1023

I think that might be the case with bitcoin, to be the future digital currency that will facilitate online transactions worldwide.

   I like how you started you sentence, might be the case, that sounds promising, and I have similar opinion when I think about bitcoin future. Monetary system is the same for centuries, after gold and silver coins, we have paper money, then banks and credit cards, now is the time for us to start something new, and better.
   Bitcoin have opportunity to do great things in this world, it`s time for us to see some real changes in global economy.



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Himanshu111
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June 11, 2017, 09:01:12 AM
 #1024

I don't think that Bitcoin will replace money if you are asking that. Government will not be able to regulate the circulation of Bitcoin so it will not replace paper money with Bitcoin . Moreover, transactions in Bitcoins charge high fees which makes its use impossible for small transaction. Bitcoin can be viewed as an investment like digital gold.
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June 11, 2017, 09:04:25 AM
 #1025

It may be the future of the money and all fiat currency will just be an option if bitcoins will become the future of currency,but before that thing will happen bitcoin network will need to surpass this problems of slow transactions and huge fees first

 
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June 11, 2017, 11:35:47 AM
 #1026

Personally I dont think Bitcoin is THE Money of the future.
But definetly the way Bitcoin works will be how money will be send worldwide in near future.

Banks will create own Ledgers and money will be "stored" in a centralized Ledger.
But even tho i think BTC will definetly rise and also the people who are going to use BTC will rise..

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June 11, 2017, 12:37:11 PM
 #1027

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.
yes bitcoin is really the future of the money because its users are increased and some countries are adopt bitcoin in caue of some countries bitcoin adopts through its price very high and very strongest and suppose if all government accept bitcoin therefore bitcoin will be the strongest currency of the world ,and I hope all people will know about bitcoin that what is bitcoin, and easily use it and soon bitcoin really the future of money.
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June 11, 2017, 12:40:15 PM
 #1028

definitely yes but fiat should still be there as bitcoin is just for online transaction. This is a great currency for people who transact from far away as they can recieved the payment instantly without getting hussle.

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June 11, 2017, 12:44:22 PM
 #1029

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
now,This is already a fact, and it doesn't need to be proven!
Bitcoin is a milestone in the monetary system!
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June 11, 2017, 01:16:00 PM
 #1030

definitely yes but fiat should still be there as bitcoin is just for online transaction. This is a great currency for people who transact from far away as they can recieved the payment instantly without getting hussle.
Actually, if you are using bitcoin for online transaction particularly in remittance it is not wise anymore, IMO the high fees will hurt the micro transactions and although it's fast and transparent, ordinary individual will not be attractive with the expensive fees. In my own knowledge, bitcoin is very popular in the world of gambling but viewing this as the future of money, I think that will not happen, simply because the government will not allow this.

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June 11, 2017, 03:07:37 PM
 #1031

Bitcoin will be an important currency in the upcoming years. In long term, it will either change or a new crypto currency will take its place. But I think, crypto (whatever currency will be actual) is the money of the future.
Bitcoin will be good for future money and it is really the future for our moneys. Bitcoin continues to grow its value and it continue to grow its community. Our world has following the flow of the technology so i conclude that bitcoin is the future of us. It will help more people to make there life better. Bitcoin is the future money.
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June 11, 2017, 03:22:54 PM
 #1032

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.
Yes technology changes everything now. And I believe that bitcoin can be the future of money because this will be improve every day. Its price will continue increase until it be equal to the value of fiat and that is a good news to us.

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June 11, 2017, 03:52:06 PM
 #1033

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.
Yes technology changes everything now. And I believe that bitcoin can be the future of money because this will be improve every day. Its price will continue increase until it be equal to the value of fiat and that is a good news to us.

It is necessary to take into account the fact that the government can negatively regard bitcoin. And some countries still do not take bitcoin. Therefore, we can not say for sure that bitcoin will be adopted in the future by international currency.

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June 11, 2017, 04:27:13 PM
 #1034

Sending "value" directly peer to peer over the internet (not using a 3rd party like Paypal), when the only thing of real world value your computer can send directly to a peer's computer is a bit of voltage in the form of ones and zeros, sure does seem like a Ponzi scheme at first glance. Turns out that's really not the case, if you have the wisdom of Satoshi....
It's transaction is a way better thing compare to fiat because it is much faster and more reliable compare on fiat. I also do believe that the future and the development of bitcoin is one of the factor that make it consider as a future money. And we all know that bitcoin is a crypto currency so it means that it is a currency or a money with value that can be used in web with the power of technology. And as the development continue to bitcoin I am sure that it may consider more in the future as the real future money.
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June 11, 2017, 04:30:55 PM
 #1035

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.
Yes technology changes everything now. And I believe that bitcoin can be the future of money because this will be improve every day. Its price will continue increase until it be equal to the value of fiat and that is a good news to us.

It is necessary to take into account the fact that the government can negatively regard bitcoin. And some countries still do not take bitcoin. Therefore, we can not say for sure that bitcoin will be adopted in the future by international currency.

We can't just say that the government will be really using bitcoin as an international currency, there is a lot of hole in these digital currency, it still need to be fixed became if they don't, bit coin will stay as it is, a digital currency, accepted by some stores.

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BarbieCasino
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June 11, 2017, 04:45:39 PM
 #1036

Bitcoin will be an important currency in the upcoming years. In long term, it will either change or a new crypto currency will take its place. But I think, crypto (whatever currency will be actual) is the money of the future.
Bitcoin will be good for future money and it is really the future for our moneys. Bitcoin continues to grow its value and it continue to grow its community. Our world has following the flow of the technology so i conclude that bitcoin is the future of us. It will help more people to make there life better. Bitcoin is the future money.
yes you are right bitcoin is really the future of money because as you say bitcoin continues to grow up and there user increase day by day every one invest there money in bitcoin now a day bitcoin is sources if income every one demand for bitcoin  and when demand of bitcoin is increase there will be the supply of bitcoin decrease and then the price of bitcoin will goes upward.

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Cofee.BLUE
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June 12, 2017, 04:04:06 AM
 #1037

Yes,as the technology rises and as the materials on creating those fiat money decreases,We need to be resourceful with those materials for their actual need.We also need to introduce the bitcoin to them for them to be not a stranger with that kind of currency.Also,Goverment needs to approve its legality.
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June 12, 2017, 04:11:21 AM
 #1038

There is possibility of bitcoin to be currency of future that can be used as a tool transaction. Because see function and progress at this time so rapidly.
Md Saad
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June 12, 2017, 04:32:38 AM
 #1039

obviously, bitcoin will be a future money, already it has created a ground as one of the best virtual money, many countries have started thinking in order to allow bitcoin as a legal money, some privet sectors already has already accepted bitcoin as a payment tool, hopefully, in a few years Bitcoin will become a global money...
mirakal
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June 12, 2017, 05:06:09 AM
 #1040

There is possibility of bitcoin to be currency of future that can be used as a tool transaction. Because see function and progress at this time so rapidly.
Don't hype it too much, the progress is good but it is not enough to replace the current system and only bitcoin will be considered as money in the future. The thing is bitcoin was not created to be a primary money but only as a tool to help us with a faster and a more transparent transaction.

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