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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68736 times)
CoPil
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December 21, 2017, 02:05:57 PM
 #1641

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

It is just the so-called issues. Articles of hate and discouragement towards Bitcoin and all other cryptocurrencies doesn't really matter.

Yes, BTC is definitely the future of money... including the other cryptocurrencies.
It actually became one already because BTC created such a strong image and reputation "especially this year". Who would have thought that in the future, we will use a decentralized digital currency anyway... BTC is getting better and better. The population of people who kickstart their Journey with BTC is fluctuating as well.
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December 21, 2017, 02:08:54 PM
 #1642

I believe that bitcoin will be the future of money and the payment in the world
because many of people is already using bitcoin for the transaction.

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Drakula
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December 21, 2017, 02:12:30 PM
 #1643

I believe that bitcoin will be the future of money and the payment in the world
because many of people is already using bitcoin for the transaction.
Well yes, as of now, people are starting to believe in Bitcoin; actually some of them are now using Bitcoin for their payment especially when it is allowed to their country. From this, I could say that Bitcoin can another money in the future.
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December 21, 2017, 05:33:04 PM
 #1644

no, bitcoin is not a crypto currency, if bitcoin currency then it can be used for transaction but in fact bitcoin just as asset in real world. in 2007 bitcoin was born and aims to be used as a crypto currency but failed due to the price of bitcoin at the time was cheap and now in 2017 has increased rapidly. bitcoin can not be used as currency unless using satoshi may be possible but bitcoin has a price that can't be determined
Yes there is no doubt that bitcoin can be a future money because the way bitcoin is going fast so I think bitcoin will end world poverty as well bitcoin is now unstoppable and its almost in many countries its price is very high that’s why its demand is going high every day if world keep continue this support with bitcoin so soon bitcoin will be legal around the world and it will the future currency so best of luck for the future.
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December 21, 2017, 07:13:32 PM
 #1645

Futures are contracts that allow investors to buy or sell something at a specific price in the future. But, unlike traditional products like oil or agricultural products, bitcoins are not physical assets. And unlike traditional currencies, there is no central bank that supports bitcoin. Virtual currencies are created on computers that use complex algorithms and are recorded in a digital ledger. That is why we must believe in this moden.
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December 21, 2017, 11:18:50 PM
 #1646

I think bitcoin is more of a concept of the future of money. Bitcoin is the first prominent peer-to-peer digital currency but there are so many issues concerning bitcoin and if they are not updated properly they will mean the end of bitcoin.

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December 22, 2017, 12:09:57 AM
 #1647

I like to think of it this way. Bitcoin has a different path from fiat. It is not a future money but is a start of making its own. I do not see bitcoin as the one that will kill fiat or replace it. I always think that bitcoin is created to coexist with fiat, to fill its gaps and holes. Bitcoin gives the needs of the digital natives, they buy some but cash it out anyway. In my opinion, it is not a future money, it has a future of its own.
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December 22, 2017, 11:34:36 AM
 #1648

If I am going to analyze these things, there are a few crypt currencies that can be a candidate for future money. If bitkoyn disappears. But, as soon as we, bitkoyn, will exist, and the demand of the community will continue, bitkoyn can become the future money of mankind.
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January 06, 2018, 04:50:10 PM
 #1649

no, bitcoin is not a crypto currency, if bitcoin currency then it can be used for transaction but in fact bitcoin just as asset in real world. in 2007 bitcoin was born and aims to be used as a crypto currency but failed due to the price of bitcoin at the time was cheap and now in 2017 has increased rapidly. bitcoin can not be used as currency unless using satoshi may be possible but bitcoin has a price that can't be determined
Yes there is no doubt that bitcoin can be a future money because the way bitcoin is going fast so I think bitcoin will end world poverty as well bitcoin is now unstoppable and its almost in many countries its price is very high that’s why its demand is going high every day if world keep continue this support with bitcoin so soon bitcoin will be legal around the world and it will the future currency so best of luck for the future.
Although I like to using Bitcoin for my transaction but I hope we can use it for investment than for using at now.  First of all, I need to spend many money for my transaction fees, it is not good for my business because earn 10-20 $ / day is very hard for me. Until Bitcoin devs can solve this problem, I just use it for investment.

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January 06, 2018, 04:53:45 PM
 #1650

According to my view bitcoin will be future money.bitcoin is very flexible for the online transactions.bitcoin is digital currency,it will survive in this internet world.
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January 06, 2018, 04:54:01 PM
 #1651

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

Those people who labeled bitcoins as a scam are just against bitcoins and creating a black propaganda in order for bitcoins not to circulate in the country well. There are many people who are being affected when the value of bitcoins is increasing either it is negative or positive but let bygones be bygones and hope for each others wealthy life in the future so lets support bitcoins for it to become successful in the future.
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January 06, 2018, 04:56:59 PM
 #1652

In my opinion, yes Bitcoin and crypto currencies in general are the future of money. We can see clearly that the Bitcoin's community nowadays is a lot bigger and more enthusiast about BTC than before, and it keep growing up fastly, since Bitcoin also is going to moon.
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January 06, 2018, 05:01:44 PM
 #1653

Yahh
bitcoiin will be the future of money.Because earning of bitcoin is little amount but it's price is very big.It has different path of fait.it's not a local currency.bitcoin has a unpredictable price.It's price change every moment.We should invest bitcoin for future money.Because in future bitcoin will be more choseble things in the world.

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January 06, 2018, 05:08:08 PM
 #1654

Nothing is impossible because of technology nowadays specifically digital currency. Maybe it is hoax that it is dead 89 times, bitcoin is still continuing to progress and more individuals are starting to invest using this. Maybe someday, it will be well known to other countries for easy transferring of money.
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January 06, 2018, 05:10:45 PM
 #1655

IMO it's really good concept, however it's being used in a wrong direction.. not as a medium of exchange (transaction) but more like a store of value which bitcoin (and other coins) lack in underlying real value.

Future of money should be much more cheaper in terms of transaction, mining fees, faster, and more efficient in energy consumption

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January 06, 2018, 05:19:48 PM
 #1656

BTC will be one without bounds monetary forms as it has opened way to numerous open doors and towards advanced cash indicating great example in view of blockchain. I don't have any uncertainty of it being critical piece of next advanced cash upheld by various states. BTC is future cash this cash stream into it isn't in vain.
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January 06, 2018, 07:52:40 PM
 #1657

I do not know if it's the future full of money. But if it is part of it. And we have seen that in the already used method of payment in exchange for other material things
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January 06, 2018, 08:08:11 PM
 #1658

I don't know if it is but making it future of money sounds good. Imagine, bitcoin payment worldwide how are the blockchain network if that happens? First to think is the traffic can cause if that happen, we all experiencing sometimes the traffic from blockchain.

Those who labeled it as ponzi scheme are the one who is not believe in bitcoin. If they do more research about bitcoin then they will like the concept of it like we do. Or maybe they will labeled it as ponzi scheme because they are aware that they will never get a tax on it.
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January 06, 2018, 08:29:14 PM
 #1659

Yes, actually bitcoin is the future of digital money, but the majority of bitcoin owners prefer to call it an asset. Since they do not want to spend bitcoin directly, they just want to hold and sell when the bitcoin price is really high.
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January 06, 2018, 09:55:12 PM
 #1660

There are a number of advantages, as discussed by other users, but it is important to remember that projects trying to do things more efficiently can arise. This is normal, especially in the technology field. The upside is that Bitcoin is open source, and as long as the developers do a good job, Bitcoin will be able to compete with new technologies.
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