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Author Topic: Is Bitcoin Really The Future Of Money?  (Read 68233 times)
Luizrosevelt
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March 20, 2018, 04:31:23 PM
 #2121

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.
The development of cryptocurencies has never been a question as to whether or not it could be stopped, but how much it would catch on. No-one can stop anyone from changing or developing anything. We have to still see if it will continue to grow, but so far it is showing strong signs of continuing in its life span and cryptos probably aren't going anywhere.

That's absolutely correct imho. The huge potential of crypto/blockchain, the technological and innovative wherewithal can't be ignored by any government or aggressive regulatory bodies. That was obviously echoed by the body language of the US SEC, their hesitance to label it an outright illegal activity.

With the G20 meeting and drafts so far today, one can't but believe that crypto is here to stay. Regulation and positive oversight is necessary to ensure the bad guys don't stick around. Atm, the momentary price fluctuations only points to the fact that we are headed to mainstream adoption and as expected, the strong hands always win. The strategy G20 plans to adopt remains to be seen in the coming days or perhaps couple of months/years.
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Ayaancool
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March 20, 2018, 04:34:32 PM
 #2122

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
Fiat money is the money that used for daily use and transactions because of its price stability.There is a chance to use bitcoin for money transaction but still its possibility is very low.
Hasitha1001
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March 20, 2018, 04:47:50 PM
 #2123

I guess all still on progress there is a possibility if the bitcoin can be the future of money.
emsjvh
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March 20, 2018, 05:13:49 PM
 #2124

It is impossible to compare the development of bitcoin with anything that exists in the world. Even the popularity of apple pages is inferior to the cryptocurrency. It brings a lot of money.
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March 20, 2018, 05:15:44 PM
 #2125

Bitcoin is safe, it is well secured and for sure it is the future of money. Technology continue to develop so we should move to the next step if we didn't yet: bitcoin
To go to the next step - it is necessary that states and banks accept this currency. Then development will become even more popular. But I doubt that they will use this currency. But the technology is already beginning to be used.
anjuara29
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March 20, 2018, 05:20:14 PM
 #2126

I think Bitcoin is the future of crypto currency and it will be a huge one.
I believe that one day bitcoin will lead the hole crypto world and all the country will allow the bitcoin. And my prediction is in the near future bitcoin will hit $50k So we can think that, Bitcoin is the future of money.
Angletim
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March 20, 2018, 05:26:29 PM
 #2127

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 think this is very likely to happen. When all countries in the world accept bitcoin, and encourage people to use it. Bitcoin can be used as a payment method, so it can be used as a daily currency, so it is the future money.
cryptojaani
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March 20, 2018, 05:28:05 PM
Merited by btcminer6212 (19)
 #2128

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

Well, you have to fail at some point to become the greatest, right? The same applies to bitcoins. It will collapse again and again, but eventually, it will learn from its mistakes before and become better in time. People and technologt adapt so bitcoins are readily available for change.
Bitcoin or the blockchain has a bright future, and I'm sure we'll see some real world use of blockchain technology quite soon. It is getting popular day by day, But the problem in making it a central digital currency is that it is total anonymity. Any government would not want it's people to be anonymous while transacting. It is the future of money, but I dont think Bitcoins will become any country's official money.
Stug
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March 20, 2018, 05:34:44 PM
 #2129




I am really sure.Bitcoin is the future of money
jakirdj95
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March 20, 2018, 05:44:59 PM
 #2130

Yes, because people have been doing enough business with bitcoin, and they are earning from different sites using bitcoin. As much as I know, Bitcoin future, because those who are doing business in Bitcoin can understand what future bitcoin can be. In my opinion we can achieve success with Bitcoin.
bitcoinajax455
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March 20, 2018, 05:46:07 PM
 #2131

Bitcoin is already a money, a new form of money. It's hard to predict the future of bitcoin, but I'm really sure that bitcoin will be more popular in the future. Bitcoin will be more demand becouse it is peer to peer and easy to use.
JohnWick_Bitcoin
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March 20, 2018, 05:59:28 PM
 #2132

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

Most of the people who are envy about the wealth of bitcoins that is bringing to every people who invest on it are creating fake news or anything that will reduce the investors of cryptocurrency and banks as well is also a hater of cryptocurrency because people is relying on bitcoins more than banks and they will lost some of their profit from it.
VIC-btcforum
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March 20, 2018, 06:01:02 PM
 #2133

not necessarily BTC but the technology behind it might be
CryptoBatman1
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March 20, 2018, 06:11:47 PM
 #2134

Personally I want Bitcoin to be the future of money.
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March 20, 2018, 08:41:40 PM
 #2135

Bitcoin is the real future of money in the sense that it is authentic, not ponzi scheme. If the government agrees to make it so. Spending of money will be more than easy by then. No third party to help you transfer your money and taking some percentages for maintenance.  Bitcoin and cryptocurrency is the future.

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maminelly
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March 20, 2018, 08:50:40 PM
 #2136

we need always to think positive regarding in bitcoin because we all know that the development of cryptocurencies has never been a question as whether or not,it could be stopped, but how much it would catch on...no one can stop anyone from changing or developing anything. We have to still see if it will continue to grow, but so far it is showing strong signs of continuing in its life span and cryptos probably aren't going anywhere....we all know that before we join in bitcoin that this kind of online businness that become our future to bet...
hydeevanz
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March 20, 2018, 10:10:12 PM
 #2137

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 people who consider as bitcoin as money because it can be used for transactions and payment for school tuition fees but there are some people doesn't consider it. I just read an article saying that bitcoin should never be considered as money because of its value that is not stable. Anyone who bought bitcoin might end up having an empty wallet because anytime, bitcoin's value might drop.

Link of the article: https://www.forbes.com/sites/quora/2018/01/25/will-the-price-of-bitcoin-keep-dropping/#3bc415b9597f"
Veterock
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March 20, 2018, 10:15:00 PM
 #2138

I don't think that bitcoin will be the future of money, it's just a big financial pyramid, nothing more. Sooner or later it will die,unfortunately
Sinecoin
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March 20, 2018, 10:18:56 PM
 #2139

I don't think that bitcoin will be the future of money, it's just a big financial pyramid, nothing more. Sooner or later it will die,unfortunately

I agree that bitcoin wont be the future of money but i dont think itll die out.  Bitcoin and currencies will always have a use case some of which exist right now.  In many countries where their currency is useless bitcoin has become a convenient way for the people of those countries to purchase what they need.  Furthermore, bitcoin and other cryptos will always have their use in the illicit markets.  The possible anonymity that they provide is very useful for people selling/buying illegal things.

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tommisetiyawan
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March 20, 2018, 10:27:42 PM
 #2140

I believe that Bitcoin is our future in terms of money or exchange tools, because these currencies have excellent growth prospects. bitcoin is already used by many people around the world there will be at least 75% of the population who prefer bitcoin than traditional currency. For that bitcoin need not have a physical existence, because we can see the current technological advances and we can certainly imagine a more digital world in the future, in fact cryptocurrency and blockchain technology have many people develop it.
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