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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68737 times)
saekotye07
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March 20, 2018, 01:20:32 PM
 #2081

for me it's a yes bitcoin become popular nowadays and most of the people is now accepting bitcoin.. as you can see the sharp development of bitcoin in the industry of finances is really quite impressive. the cryptocurrencies like bitcoin is one of a kind and in the future it will be equal to fiat money..

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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hacekd
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March 20, 2018, 01:23:07 PM
 #2082

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.
I do not think so many countries do not agree with bitcoin and some even prohibit it, unless bitcoin is already a state patent and is the responsibility of that country

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March 20, 2018, 01:24:26 PM
 #2083

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. Imho
RubiKa
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March 20, 2018, 01:25:33 PM
 #2084

Bitcoin will exist and flourish in the financial market. I'm sure that there will be two kinds of money and fiat and bitcoin. At least in the near future.
NightCloudz07
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March 20, 2018, 01:33:44 PM
 #2085

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
Thats what yhe other people says that it will be our future money but I dont think so if its going gk happen.Only our government can make the decission but if thats happen,I'm very sure that there are lots of people that need to adjust for that because not all people in our country knows bitcoin or any crypto currencies.

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March 20, 2018, 01:36:33 PM
 #2086

It seems like this takes a long time. The unification of European currencies, namely EURO takes over 20 years and still have not all European countries use Euro as government currency....
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March 20, 2018, 01:44:50 PM
 #2087

I think bitcoin will be the future of money. but for bitcoin transactions we need internet. because bitcoin is digital currency so we need internet. if there is no internet we can not use the bitcoin
bayibufo
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March 20, 2018, 01:49:49 PM
 #2088

Yes.Of Course.Bitcoin is a Digital Currency.
GardenChristian
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March 20, 2018, 01:50:30 PM
 #2089

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
Don't worry about the bad news about bitcoins. They don't determine the development of bitcoin. Bitcoin is still doing well, and many countries now accept it. But I don't think bitcoin is going to be the money of the future. It's hard to be a daily currency.
bitcoinsocial09
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March 20, 2018, 01:53:07 PM
 #2090

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

There are some articles and news that bitcoin i the future paper money. But for me, I don't think so but still it is possible. Changes is constant in our life so that it is not possible that bitcoin will be the future paper money. I believe that if there's a lot of people will depend here therefore there's a big chance that bitcoin will be the future paper money and it will more popular.

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cherry yu
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March 20, 2018, 02:15:04 PM
 #2091

i guess it is really hard to start predicting bitcoin in the future. im not  really sure that bitcoin become the future money because not all country are in favor of bitcoin. but because of most country are now involved with bitcoin, hopefully for the next more year bitcoin will make a great success to become a future money in every country.

wireless1889
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March 20, 2018, 02:20:39 PM
 #2092

There is a high possibility that Bitcoin will be the future of currency and the predecessor of the current paper money. Since we are surrounded by technologies we need to step up with everything and make everything less hassle and accessible to everyone and Bitcoin can be what I'm talking about here. Although, I can't really say if this will happen it's just an insight of what I think the future will have in terms of currency. It's not really impossible we are near there, but when that happens maybe the price of Bitcoin will stabilize into a certain amount also.
Ahyke93
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March 20, 2018, 02:22:37 PM
 #2093

well you could say that three years ago, but now I think that belongs to all promising crypto-currencies not just bitcoin
BlossomSp
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March 20, 2018, 02:30:47 PM
 #2094

We can not be sure that bitcoin is the future of money because we need more passage from different countries. But the current bitcoin With such high value I think it has a lot of potential in the future and we need to be waiting.
kinzey
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March 20, 2018, 02:37:52 PM
 #2095

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

Bitcoin is the future yes. Digital currency is the new age and everything now is digital. Everything you need is in the internet so bitcoin is the future for money. But it cannot replace actual money. Bitcoin is different as it is also an asset.

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aoluain
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March 20, 2018, 02:50:59 PM
 #2096

I dont normally post in such long running general threads like this
but the timing of this thread surfacing again is good timing.
I was just talking with a friend today over lunch about the future
of money.

They way we see it is that going forward we will not have control
of our own FIAT currency, what I mean by that is CASH and the lack
of it. We are moving ever closer to a cashless society particularly
in Europe and what have we if we dont have cash, a plastic card
with the promise from the Banks that we have X amount of
FIAT in our account at our disposal.

What we are doing currently is moving FIAT from one bank to another.
If I pay my house insurance, I pay by bank transfer from my bank
to the other, I dont walk into the insurance company and hand over
Cash.

So what Satoshi Nakamoto came up with in BTC is actually a pure
genius moment because we own our own currency, we have access
to it 24/7/365, and that is the future I am willing to back.

R


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March 20, 2018, 03:06:18 PM
 #2097

I guess all still on progress there is a possibility if the bitcoin can be the future of money. the problem is the government will allow it happened or not but i think that's impossible.
lamcouz
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March 20, 2018, 03:10:20 PM
 #2098

Bitcoin security is enough safe so you don't need to wory about hacking, if you wory about hacking i'll recomend to use offline wallet.
About risk at investment well it's abit risky because the price is volatile but with trust from people it's make risk at bitcoin is not really big, even if the price of bitcoin is going down i think you don't need worry about that because bitcoin will rise back.
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March 20, 2018, 03:13:52 PM
 #2099

I would tend to agree that bitcoin is the future of money..

It is safe. It is instantaneous. And it is mobile friendly
bit..what?
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March 20, 2018, 03:21:53 PM
 #2100

i don't know if bitcoin is really the future of money, but it seems it is the money of this century.  Cheesy

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