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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68737 times)
llyfee4u
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January 06, 2018, 11:45:51 PM
 #1661

I'm not sure that bitcoin is the future but i believe that crypto currencies is the future of money.  The role that bitcoin plays in that is still to be determined but i guess it'll play a very instrumental role being the first and most widely known crypto currency.  Amongst other issues like volatility and anonymity, decentralisation is a major issue for banks and governments, probably why crypto's have not been adopted more wider than it is now particularly by governments, banks or businesses..  Put simply, bitcoin i think is the concept of what money is in the future.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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King Sastro
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January 07, 2018, 12:20:13 AM
 #1662

I think yes, with significantly increased bitcoin users, this is a strong indication that bitcoin is the future of the currency system, and the government should immediately legalize bitcoin.


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Bitcoin_Investor
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January 07, 2018, 01:30:43 AM
 #1663

Eventually I think you'll see versions of Bitcoin in all the major nations.

Even though its disruptive to the world's banking system, they know there isn't a viable way now to stop it.

Things change. Always.
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January 07, 2018, 01:36:54 AM
 #1664

I think yes, with significantly increased bitcoin users, this is a strong indication that bitcoin is the future of the currency system, and the government should immediately legalize bitcoin.

Why give any govt the power to have the control of legal or not legal though?  Bitcoin is the people taking control. The concept of Bitcoin is bye bye to the middlemen, the banks, the govt, money transfer services, credit and debit card cartels, etc.  Once everyone has a Bitcoin wallet and a cell phone, the need for regular govt printed money will be diminished to the point perhaps of completly gone from our daily transactions.

Everything will be digital eventually. No more filthy dirty, germ and bacteria infested paper, and who knows what else, to carry in our pocket and handle. LOL
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January 07, 2018, 01:52:00 AM
 #1665

I think it just always as alternative currency online or locally if the adoption will be the same as brazil that has 150 store or more are accepting bitcoins locally.. but future money it can not be use as main currency because government dont accept it because fiat is already controlled by them
Well said, we have to think rationally. Not a single government will not accept Bitcoin as a legal money in their territory because of lacking in terms of regulation. Though the Bitcoin is a decentralized currency so that it will remain a virtual currency forever. but one thing we can be assured of the market dominance, Bitcoin is becoming a popular and profitable currency day by day so that It's going to be a factor for the mobilizing and gathering of capital.
In the future, Bitcoin will become a crucial and popular payment method because of the privacy system. So Bitcoin will not be a local money but a virtual currency as usual in the coming time.
DaWidyaa
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January 07, 2018, 02:26:14 AM
 #1666

I think I agree with your opinion because now many people are using bitcoin as a medium of exchange or payment media. and sometime in the future bitcoin is legal in all countries.
Gabrieelle
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January 07, 2018, 02:55:14 AM
 #1667

I think I agree with your opinion because now many people are using bitcoin as a medium of exchange or payment media. and sometime in the future bitcoin is legal in all countries.
Indeed, more and more people are engaging into bitcoin and starting using it for making transactions because it is fast and easy. They also use it as a source of income and also as a long term investment. They use all the advantages they can get when they start using bitcoin and maybe in the future where technologies are literally everywhere we can say that bitcoin is the future of money.
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January 07, 2018, 03:27:13 AM
 #1668

i'm not sure bitcoin will be the future currency, but i'm sure cryptocurrencies will rule the world currency, either it will bitcoin or other altcoins
Portia12
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January 07, 2018, 03:33:09 AM
 #1669

i think bitcoin will be our future money all over the world or our universal money because of its increasing number of member. Its almost 60% of the population all over the world knows about bitcoin now and some of them use it as a payment.

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January 07, 2018, 05:53:39 AM
 #1670

i think bitcoin will be our future money all over the world or our universal money because of its increasing number of member. Its almost 60% of the population all over the world knows about bitcoin now and some of them use it as a payment.
It's a different form of money because it's decentralized, it might be widely used but it will not replace the current system.
If we speak of the future we should still be able to give the people the convenience in using and I don't think bitcoin will be able to satisfy the majority of people.

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Kulafu
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January 07, 2018, 06:05:08 AM
 #1671

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

If you look into the trail of money/currency there always a huge leap of changes.
From barter type of trading  to currency there were always a negatives disposition to discredit the benefit of changing. 

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Blue Bell
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January 08, 2018, 06:51:19 AM
 #1672

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.
Everything is going to digital and bitcoin is also a digital currency but there are also a lot of good advantage’s in bitcoin which can make bitcoin a future money first of all bitcoin price is very high than any other currency and its also very safe and sound for investment it’s now available in many countries you can use it any time any place so there kind of things make bitcoin more strong and a future money because it’s a good current.
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January 08, 2018, 06:58:03 AM
 #1673

Bitcoin is being accepted by more and more people, especially bitcoin is not a rare item on the Internet and for some people who like to invest, so the future of Bitcoin may become a popular trend.
disha143u
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January 08, 2018, 07:00:42 AM
 #1674

if you want to earn free bit coin go to this website http://trafficmafia.ga , earn bitcoin by browsing webistes only. also increase view of website and ur/linksl
maikelujang
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January 08, 2018, 07:03:13 AM
 #1675

Based on the current trends and what is happening, it will not be wrong to think in that direction because even over here that I thought the awareness is not much, the popularity is just growing and I cant just believe it. However, the future is what is the concern because based on this day, I am seeing the future not anywhere close as the world politics is not even going towards that direction and this is something of concern. Aside that, I am seeing that happening in the near time to come.
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January 15, 2018, 07:19:54 PM
 #1676

It might be the future, but at the same time, that future is still not stable because sooner or later, there can be factors that might make virtual money useless and hence, making Bitcoin disappear.
JoshuaBoyd954
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January 27, 2018, 06:13:13 PM
 #1677

This is very old topic and very important topic for the new comer investors. Since thiis topic is come to discuss the price is almost 20 times high.  Bitcoin is very much remarkable coin in crypto currency world. it will role and model in this sector.
Dico88
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January 27, 2018, 06:43:26 PM
 #1678

I believe it is because it has the power to revolutionize the world. This allows people around the world to receive or send money with money without paying huge amounts of transaction fees and also you can even buy something with bitcoin with just a smartphone you can book flights, hotels, buy mobile phones, or also load your network using bitcoin. Cool
tuanvie
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January 27, 2018, 06:54:10 PM
 #1679

Yesss, definitely it is. Since the day I met with btc, i watched every development with great enthusiasm. I think we are in the beginning of the road for the future. I believe in bitcoin since the first day and as an individual investor, i support as much as I can.

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Parabellun1917
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January 27, 2018, 07:29:13 PM
 #1680

perhaps the future is not behind bitcoin, but I believe that some crypto currency will replace fiat
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