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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68804 times)
Bacotan Bae
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March 08, 2018, 04:52:53 AM
 #1961

Bitcoin is likely to function as money in the future, but it definitely will not be the only payment instrument it could become an online payment tool.
You are right. I also think that Bitcoin will exist as a payment tool in the future. Because bitcoin is a digital currency, it is based on the Internet. Therefore, existence as a payment instrument is its most obvious development path.

This is a great opportunity for us to see the future of the payment system with bitcoin, if we buy now it will make us successful and rich in the future. I have never been in doubt about the future of bitcoin because of the ever-increasing number of users and many countries that have legalized bitcoins...


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jona
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March 08, 2018, 10:46:54 PM
 #1962

presently now,it is spendable in so many business  transaction  an also a currency that can be exchange for the fiat currency,this what made it really money.
cherrymobile
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March 08, 2018, 11:02:33 PM
 #1963

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
Supposing bitcoin prevails in the market and is stable enough to be considered currency in the future, I think it holds potential to revolutionize conventional currencies and might also be a stepping stone to another cryptocurrency that would be the one to change the ways and nature of money in this world. Either way, I don't think bitcoin stands a future in the investment world.
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March 08, 2018, 11:22:33 PM
 #1964

I believe that someday,  bitcoin will be the future digital currency in the world.  It's a good source of profit in trading and a more convenient online payments.
haster100
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March 09, 2018, 04:00:14 AM
 #1965

Bitcoin is new kind of currency and bitcoin makes the world to digital world.bitcoin is good for online transactions and highly secured.bitcoin is decentralized currency,we no need depend for any bank.bitcoin is accepting by the big online shopping companies so,bitcoin is future money.
joan26
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March 09, 2018, 06:33:29 AM
 #1966


No. Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency.
Jerzzz
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March 09, 2018, 06:38:22 AM
 #1967

Crypto currency is a new technology that bring us an easy way to save and spend our money. Bitcoin is one of cryptocoin inside it.
I don't say bitcoin is not good, but next in the future there will be a technology can replace bitcoin with blockchain development.
Karmakid
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March 09, 2018, 07:19:00 AM
 #1968

I think it is the future of money I think that in the future we would be a cashless society ,
But I think there are positive and negative effect when we are a cashless society hackers could easily get our money .
paoeng1
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March 09, 2018, 08:40:09 AM
 #1969

It is either yes or no because it depends on how our government uses it and on how they ruled it correctly and safely
BitcoinLoan
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March 09, 2018, 08:52:43 AM
 #1970

bitcoin is now worldwide, but I do not think it will replace the real money position. bitcoin does have a bright future, it's proven because bitcoin always gets up after it fails. every country has a currency, and I think the future bitcoin will still be used as an alternative way of people transact.
Governments and central banks have no choice but to prepare for the future Technology underlying Bitcoin and other such cryptocurrencies will almost certainly have many useful applications, replacing physical cash is unlikely to be one of them.
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March 09, 2018, 09:00:21 AM
 #1971

Since its launch in 2009 by Satoshi Nakamoto, the presence of Bitcoin really creates pros and cons. There are a number of positive and negative views related to the cryptocurrency because of the fact that the 'currency' was just launched after the financial crisis 2007-2008. In contrast to the current conditions, the beginning of this currency is difficult to be accepted even though the market has paid a massive media to introduce and polish this beautiful Bitcoin side.
but since bitcoin is already in use many people they all choose bitcoin as their future money
Aryancesarr
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March 09, 2018, 09:11:03 AM
 #1972

In my opinion it is not. Well, it is a big part of the future of internet payments and I think more and more people will start using it but I also think that in the future money is still going to be controlled by governments and central banks. The thing that Bitcoin doesn't have is stability.
Analea1
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March 09, 2018, 09:21:49 AM
 #1973

Maybe, we dont know , but i do not think it will replace real money, just maby but one of my question is bitcoin worth it risk?
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March 09, 2018, 09:48:32 AM
 #1974

I guess not. It will not happen in the future it will only serves as a additional source of money but will not be the currency globally. Partly investment for sure but will not be for a lifetime investment because as we know that Bitcoin nowadays is not known globally and investors are taking the risk on it. As we talk about the future on Bitcoin maybe we could tell that it will continuously be a part of a newly investment process that we may hope be a progressive one in the future.
Mike0222
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March 09, 2018, 02:07:53 PM
 #1975

is bitcoin is the future of money? well It depends. A cashless future is indeed on its way, and governments and central banks have no choice but to prepare for it. But a cashless future doesn't necessarily require government-backed digital currency. And while the technology underlying Bitcoin and other such cryptocurrencies will almost certainly have many useful applications, replacing physical cash is unlikely to be one of them. For me it is not the future of money, still money always be money. and it has many uses.. maybe if they change the currency.. and turn it all to digital bitcoins in the future.
Savemore
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March 09, 2018, 02:09:34 PM
 #1976

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
Our future money depends on our decisions. The cryptocurrencies will become our future money if we will keep patronizing cryptocurrency. The cryptocurrency can surpass fiat if all the people will prefer to use digital money.
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March 09, 2018, 02:24:55 PM
 #1977

It can not be said that exactly bitcoin will have the status of future money. It is even difficult to say whether he will hold on as the leader of the crypto currency in a decade. I generally think that the crypto currency will only be able to go along with ordinary money, but not replace it. Too much of their volatility.
Vatimins
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March 09, 2018, 02:45:00 PM
 #1978

Since its launch in 2009 by Satoshi Nakamoto, the presence of Bitcoin really creates pros and cons. There are a number of positive and negative views related to the cryptocurrency because of the fact that the 'currency' was just launched after the financial crisis 2007-2008. In contrast to the current conditions, the beginning of this currency is difficult to be accepted even though the market has paid a massive media to introduce and polish this beautiful Bitcoin side.
but since bitcoin is already in use many people they all choose bitcoin as their future money



     In a sense you are right. But the thing is that I do not agree with the statement about "the presence of bitcoins really creates pros and cons." Clearly, bitcoins is not the one creating the pros and cons or should I say its presence as what you have stated. The way I see it, the day that it was first thought of by the person satoshi nakamoto(or team satoshi), it already has pros and cons. And as technologies progress and through its continued use by the people, we learn about all the cons and pros and become the ones who create some of them. That is what I think.

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Gondwanaland
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March 09, 2018, 02:46:16 PM
 #1979

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 don't think so, but there are some articles that says that bitcoin is the future money. But still it is in our own decisions because if there's a lot of people are an avid in bitcoin therefore it is possible that it will the future money. And if the people do not depend here it is also possible that it will not happen. It is still every people choice.

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March 09, 2018, 02:49:33 PM
 #1980

I would not invest if i thought something else Smiley
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