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carborundum
Newbie
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Activity: 57
Merit: 0
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April 05, 2013, 03:39:02 PM |
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First vote! Bitcoin is going to be *huge* . Assuming the ASIC crowd don't kill it with a monopolistic oligarchy.
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dserrano5
Legendary
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Activity: 1974
Merit: 1029
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April 05, 2013, 05:16:47 PM |
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Imagine it is 10 years from now, and you have to pick up a few items at the grocery store. After scanning your items, you pull out your smartphone and —Daddy, —Hmm? —What's a "smartphone"?
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WiW
Sr. Member
Offline
Activity: 277
Merit: 250
"The public is stupid, hence the public will pay"
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April 05, 2013, 08:08:35 PM |
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RAISE THE MAX BLOCK SIZE.
I vote for option A: bitcoin. Assuming we RAISE THE MAX BLOCK SIZE!
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Eri
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April 05, 2013, 08:54:02 PM |
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Bitcoin obviously. it is what it was designed for XP
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Driice
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April 06, 2013, 03:53:39 AM |
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Fiat. I don't want to awkwardly stand there 5 minutes waiting for a confirmation.
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BTC Books
Member
Offline
Activity: 84
Merit: 10
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April 06, 2013, 04:10:19 AM |
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Something built on top of bitcoin My thinking is something along the lines of Bridgewalker.
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Dankedan: price seems low, time to sell I think...
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OlgaA524
Newbie
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Activity: 54
Merit: 0
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April 06, 2013, 05:01:30 AM |
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Grow your own food while your computers mine bitcoins!
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nebulus
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April 06, 2013, 05:14:32 AM |
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Via CoinGig
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moni3z
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April 06, 2013, 05:47:57 AM |
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there will be food riots by then here so I will buy groceries by throwing street garbage cans through the windows and cleaning out the canned string beans.
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dataphile
Newbie
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Activity: 56
Merit: 0
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April 06, 2013, 05:52:35 AM |
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USD
Because I'm a realist.
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BTCisthefuture
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April 06, 2013, 07:40:49 AM |
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Impossible to predict 10 years in the future, but based on the evidence I have now I would have to assume I will be buying groceries with USD just like I do now.
BTC would have to 1) be widely available that most retail outlets 2) STABLE in value
Number 1 is possible, there's yet to be any evidence though of number 2 happening anytime soon though. So until that happens I have to assume I'll still be using government currency for most things. When I go to the store to buy groceries with a dollar it's nice to know that tomorrow it's still worth a dollar. I can't say the same with bitcoin, yet.
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Mike Christ
aka snapsunny
Legendary
Offline
Activity: 1078
Merit: 1003
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April 06, 2013, 07:41:51 AM |
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With Litecoin or one of its clones.
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BTCisthefuture
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April 06, 2013, 08:12:21 AM |
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I think most people would need to get paid in bitcoins to want to buy groceries with them. I can't imagine many people getting paid and then converting that money so they can go buy food when they could have bought the food without converting the money. Doesn't seem very practical, it's cool and all for the nerd in us, but not practical.
Also as I posted earlier, BTC would need to be pretty damn stable for most people to want to buy groceries with it. Groceries is an expense that every family has to deal with and it's usually one of the biggest expenses and it's arguebly the most important expense for a family (no food and you die). Imagine how frustrating it would be if you worked your butt off to put food on the table, went and bought $200 worth of groceries for a week for your family and then the following day you see that BTC you spend wouldve been worth $300 worth of groceries today. That would be heartbreaking for many families and few would want to deal with that.
I'm sure nerds like myself though who simply love the idea of BTC will buy things like groceries from time to time, but 10 years isn't that far away and something as important as food for your family still doesn't seem very realistic
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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April 06, 2013, 09:57:21 AM |
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There was no option to pay with milliliters of gasoline so I chose fiat. I think at the rate gas is increasing it will be worth more than bitcoin in 10 years!
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agath
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April 06, 2013, 10:01:09 AM |
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Without waiting 10 years, if Bitcoin rises a bit more in value, everybody will talk about it, and every merchant would accept them instead of fiat. Who would be so crazy to refuse?
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LightRider
Legendary
Offline
Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
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April 06, 2013, 10:29:35 AM |
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In a future resource based economy, there will be no need for meaningless token exchange to gain access to the necessities of life.
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WishIStartedSooner
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April 06, 2013, 10:38:42 AM |
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There was no option to pay with milliliters of gasoline so I chose fiat. I think at the rate gas is increasing it will be worth more than bitcoin in 10 years!
lol. 1 gallon of gas? that'll be one bitcoin please.
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mishrahsigni
Newbie
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Activity: 44
Merit: 0
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April 06, 2013, 02:58:48 PM |
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bitcoins will never replace cash. just like gold will never replace cash... cash will be used as the intermediary to value-stores, like gold, silver, bitcoins.
Bitcoins is more like the new gold, not the new 'money'.
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Nicolai Larsen
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April 06, 2013, 03:01:44 PM |
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In 10 years you don't go to the grocery store. the grocery store will come to you at exactly the moment you want it to, with exactly the wares you want.
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BTC: 1GUH16sneWgKuE1ArXrnYKN3njuherJQi1
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