Is Bitcoin Really The Future Of Money?

[ElitistCA]

We still hope that this is so. That bitkoyn and other crypto currency is the future of our money. Such a formulation is confirmed by the growing demand for bitcoquine and its recognition and blockchein technology as truly technologically advanced and revolutionary by many states and their governments. We can almost certainly say that the digital currency is the future of our money.

Some banks have begun to implement the plans of intrusion blockchain technology into the system of money providing. Some cryptocurrencies like Ripple for example coming in this direction as well.

As far as I know, Ripple was used to develop for the new payment system use blockchain is the platform in Japan and Korea. If these countries can get success in this system, I believe the growth of cryptocurrency will be better more.

[daarul50]

depending on government policy in each country. If they make a policy to legalize bitcoin as a legitimate transaction tool then bitcoin will be the currency in the future. However, to date, there are still not many countries that legalize transactions using bitcoins.

[Jeremycoin]

depending on government policy in each country. If they make a policy to legalize bitcoin as a legitimate transaction tool then bitcoin will be the currency in the future. However, to date, there are still not many countries that legalize transactions using bitcoins.

Don't you mean, there are still some countries that ban the transaction of Bitcoin? Because even if it hasn't been legalized by the government, it doesn't mean that those transactions are illegal.

[Decimation]

It will never be the main source of cash, but I can see the government creating something similar to Bitcoin only it is able to be tracked. Bitcoin or any other coin will never be allowed to be the main source of income unless it is regulated. At this very moment, some random person could buy Bitcoin and then spend their Bitcoin on the deepweb to either buy drugs, cp, etc and most likely would not be caught unless the government shuts down the sites that are being used. For this reason, I can easily determine that Bitcoin will only be used for payments on certain things; products, some types of food (maybe pizza), and off-brand clothing.

You cannot tell me that you truly think Bitcoin or any other coin will be the main currency everyone will use in 10 years when the currency is not regulated at all and has thousands of security flaws just waiting to be breached. Not too long ago, Etherium was hacked and a user imported only a couple lines of code and was able to make himself owner in any Etherium wallet and it allowed him to steal an estimated 143,000 Etherium (Roughly $45,000,000 USD). You can not be serious if you think something like this could ever become the main currency when so many security flaws are already in place.

[WUUEX79]

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

But this seems unlikely to happen.
Because, as far as we know bitcoin is technically sophisticated, but isn't a particularly stable currency, trade in bitcoin is small and narrow  (not broad money), if compared with that in countries' official currencies that has "large quantities" and "broad".

[legoplayer245]

Maybe not bitcoin itself but digital moneyu and all the research and advances that it is creating and will be left behind will

[tanjiran]

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

But this seems unlikely to happen.
Because, as far as we know bitcoin is technically sophisticated, but isn't a particularly stable currency, trade in bitcoin is small and narrow  (not broad money), if compared with that in countries' official currencies that has "large quantities" and "broad".

there is always a challenge for new things. often underestimated, considered fraud, and other negative things. However, bitcoin succeeds in proving that the technology and developments it carries have many positive things. currently bitcoin has two functions, as currency and investment tool / commodity. although currently the bitcoin is not profitable to be used as a micropayment due to fee issues, I believe in the future that problem will be fixed.

[guxu219]

Maybe bitcoin is the future currency of the world because it dominates the internet world

For sure because it's decentralized and no one can stop this.
Bitcoin has been very popular now and this will surely not gonna stop since people who are using it really appreciate the system.
Investors would also help to market bitcoin so everyone would know.

According to my idea bitcoin will become unique currency in the world and the reason behind it is that the follower of bitcoin is increasing with a fast rate and in future the rate will be increased due to the high investment in bitcoin by big investors.

[deviant99]

Yes it is the futurr money but it doesn't mean it will replace the fiat. It is still the cryptocurrrency we know, it will only replace due to technology for easy payment of what we pay. There are still physical money for those who does not know about bitcoins.

[24core]

Yes I believe cryptocurrency is the future of money. I think in the future there can even be a universal currency based off of blockchain technology.

[MD Milon]

Bitcoin is the digital cryptocurrency.it's future is bright.it's price value is so high.day by day it's increasing.it's return so much money.

[Heartseed]

Yes, As bitcoin popularity rises, it is becoming more and more known to every country. having a digital currency is great. and it is possible to have it as a future money of all people. having one currency might unite everyone and transform the current administration and left as one. having one country with one government might affect the world drastically but it is possible in the near future that bitcoin will be the currency of all people.

[Bowly88]

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

For me yes they are the start of the future but i do not think that they will be a national currency. But yes they are now dominating the whole world because almost all the country are using bitcoins and knew that this kind of current exist. Some other stores and establishments are mot accepting it yet but still there are some people eho are accepting it and even banks there are banks that accept bitcoins in exchange into a real cash or real cash in exchange to bitcoin that is how bitcoins influence the future of money.

[obinine]

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

I dont know because as far as now many goverments banned the bitcoin and  theres a lot of people did not know about this bitcoin to be honest i hope that one day bitcoin become a legal worldwide because bitcoin can help a lot of people.

To become a national currency its not an easy job and still the percentage of users of bitcoin is still very low when bitcoin will be accepted by more and more people than the chances of becoming national currency is increased.

[popoypalaboy03]

Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries.

[Advicerabi]

I belive the bitcoin can be future of money, although it is not easy.

Bitcoin in created in 2008 and still able to survive until now even becoming increasingly popular. Since its existence has been helping people in delivering a better life.
Many people are already aware of the usefulness of the bitcoin and this is a first step for bitcoin to be future of money.

[FeArZ]

For bitcoin has been really useful to many people including buying and selling on the internet. Because of many website and merchant now using bitcoin as their primary payment processor. So as of now, we use bitcoin to trade for fiat money. Its the same using bitcoin are a source of income for others like money.

They are actually growing and that is good for the entire ecosystem as we can expect the price will continue to grow.
Bitcoin has always been the best online invention and when the government will fully support it, we can expect more good news to come.

According to me bitcoin is going famous with a fast rate and in future maximum population of the whole world will become users of bitcoin so due to which we can say that bitcoin will be the currency of future of the whole world.

[verygusmansyah]

Maybe yes. Because, how many people use an internet in the world. And, how internet slowly change our work to be instan.
So, i think bitcoin can to be the future of money.

[lionheart89]

maybe. but it depends on the investor, as long as many believe and support bitcoin then bitcoin will be the money of the future.

[Pamela Jobelle]

It depends, bitcoin is a medium of transaction. Flat money is still the medium we're using for buying small amount of stuff.