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Author Topic: The Future of Bitcoin Is Not as a Digital Currency  (Read 2146 times)
nanay777
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January 01, 2017, 04:14:07 AM
 #21

The future of digital currency will to unify, appear a super strong situation.
My country's  banks at the beginning of this year had held a seminar on digital currency, the central bank issued digital currency has been put on the agenda. Some of the world's banks and technology companies are also developing digital currency, the Bank of England plans to issue digital currency. All this means that the digital currency is getting closer and closer to our real life. However, the government led the issue of digital currency may be in circulation in the future, perhaps bitcoin can only exist as an asset class in my country.
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January 01, 2017, 04:51:02 AM
 #22

Bitcoin will be the future digital currency. Look at the market cap. Its really huge.
Bitcoin is really trending right now. Its on the news and i've watched some of it. Circle is loser. I dont care about them. They said that bitcoin will not be remember after 5 years. We'll see that after 5 years. As i predict circle wont last after 5 years.
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January 01, 2017, 05:19:06 AM
 #23

I may not agree with this opinion. Well, it can be said that the current bitcoin digital currency is best, even bitcoin able to compete with PayPal, and I'm sure a lot of people are recognizing it. bitcoin development can also be said to be very fast. So, sooner or later, all internet users, will try to save bitcoin, and will use it as a digital currency.

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January 01, 2017, 05:32:39 AM
 #24

Circle unveiled itself at a bitcoin conference in 2014, vowing to take the digital currency mainstream. But like so many other startups that embraced this big idea at around the same time, its mission has changed.

In January, I met Circle CEO Jeremy Allaire for coffee in San Francisco. Even then, he was careful to paint his company not as a bitcoin operation but as an outfit that would help people easily trade good old-fashioned dollars with friends and family via a new smartphone app. And now, as it announced yesterday, Circle will no longer allow customers to buy and sell bitcoin. "READ MORE FROM LINK BELOW"

News Source: https://www.wired.com/2016/12/future-bitcoin-not-digital-currency/

What do you guys think ? I certainly think bitcoin will become the digital currency in future and this article is BS. However, I'm no bitcoin expert. What do you guys think about this ? Will it become the digital currency in future ?

Yes, ofcourse. It must become a digital currency in the future. many big companies in the world have accepted bitcoin as payment method.
nearly people over the world are using all smart devices in their life so that is the way to use bitcoin as a digital currency for payment.
CyberKuro
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January 01, 2017, 07:39:07 AM
 #25

What they're talking about, The bitcoin blockchain helps drive Circle Pay, the app that lets you trade dollars with friends and family. And the company just unveiled a new open source project called Spark that seeks to use the blockchain and similar distributed ledgers as a means of moving all sorts of currencies, something so many others are working on
Seems like a propaganda to get rid of bitcoin from blockchain technology and take the distributed ledger for them.
I agree that circle pay should stop trade bitcoin and just create their own technology and cryptocurrency to compete with bitcoin.
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January 01, 2017, 12:59:34 PM
 #26

Well I agree. Bitcoin has all the potential to be the main digital currency in the future. With the features that bitcoin has, I think it would be fiat's digital equivalent when it comes to use. Even now, the surge of bitcoin's price indicates that more and more people are already using it and given a couple of more years, bitcoin for me would be the primary digital currency that most people use.

 
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January 01, 2017, 01:16:51 PM
 #27

Circle unveiled itself at a bitcoin conference in 2014, vowing to take the digital currency mainstream. But like so many other startups that embraced this big idea at around the same time, its mission has changed.

In January, I met Circle CEO Jeremy Allaire for coffee in San Francisco. Even then, he was careful to paint his company not as a bitcoin operation but as an outfit that would help people easily trade good old-fashioned dollars with friends and family via a new smartphone app. And now, as it announced yesterday, Circle will no longer allow customers to buy and sell bitcoin. "READ MORE FROM LINK BELOW"

News Source: https://www.wired.com/2016/12/future-bitcoin-not-digital-currency/

What do you guys think ? I certainly think bitcoin will become the digital currency in future and this article is BS. However, I'm no bitcoin expert. What do you guys think about this ? Will it become the digital currency in future ?

Every one have the right to his or her own view based on the assumption and interpetation he holds to be valid but that also does not mean we have to buy the idea or force that same idea on us... In as much as they did not believe that Bitcoin's future is not as digital currency, no one can still erase the fact that, that function is one of those things that brings the current popularity being enjoyed today because to majority especially non-techie guys every other thing, aside digital currency, is simply "A CODE OR SOFTWARE"...
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January 02, 2017, 03:53:15 AM
 #28

I can see other Bitcoin based exchanges and payment processors either closing or doing a pivot just like Circle did. There is not enough money in the whole Bitcoin economy to have this many exchanges that we have right now. Some of them will have no choice but to close down. The most potent niche in the Bitcoin market right now is the dark markets. The growth potential over there is so big it will become like a gold rush for drug vendors.
Yeah they are some Bitcoin users using Bitcoin to buy drugs in the Dark Market and they use Bitcoin to scam peoples.

That is reality. There is a lot of "legitimate" Bitcoin based businesses that are out there to scam the people too. There are cloud mining sites, some of the altcoin exchanges and many more just waiting to do their own exit scams. The foundations of all of Bitcoin is based on scams which created and developed its own ecosystem.

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January 02, 2017, 04:53:53 AM
 #29

Circle unveiled itself at a bitcoin conference in 2014, vowing to take the digital currency mainstream. But like so many other startups that embraced this big idea at around the same time, its mission has changed.

In January, I met Circle CEO Jeremy Allaire for coffee in San Francisco. Even then, he was careful to paint his company not as a bitcoin operation but as an outfit that would help people easily trade good old-fashioned dollars with friends and family via a new smartphone app. And now, as it announced yesterday, Circle will no longer allow customers to buy and sell bitcoin. "READ MORE FROM LINK BELOW"

News Source: https://www.wired.com/2016/12/future-bitcoin-not-digital-currency/

What do you guys think ? I certainly think bitcoin will become the digital currency in future and this article is BS. However, I'm no bitcoin expert. What do you guys think about this ? Will it become the digital currency in future ?

Having Circle leaving behind and moving forward with PayPal and paymaya has no effect on bitcoin economy. Even though they left, bitcoin has again improve and strengthen itself with its price rising up to 1000$. But the question of it becoming the digital  currency of the future is vague. Banks and government are now moving towards a fiat virtual currency. Virtual currency is the future but its not sure if it is bitcoin.
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January 02, 2017, 04:59:24 AM
 #30

It is only Circle's own problem not to allow their customers buying and selling Bitcoin, it is not Bitcoin's problem. It just means that Circle is not going to succeed. Other companies will find ways to take over Circle's current service.

That is true, someone else will take their place and make money instead of them. Circle has made wrong business decision.
But Bitcoin is and will remain digital currency so I can't actualy see the point of this article. And Bitcoin already is future.

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January 02, 2017, 05:25:40 PM
 #31

It is only Circle's own problem not to allow their customers buying and selling Bitcoin, it is not Bitcoin's problem. It just means that Circle is not going to succeed. Other companies will find ways to take over Circle's current service.

That is true, someone else will take their place and make money instead of them. Circle has made wrong business decision.
But Bitcoin is and will remain digital currency so I can't actualy see the point of this article. And Bitcoin already is future.
people now changing their attitude, they are giving preference to online shopping therefore their first priority is also bitcoin as bitcoin is the world number one digital currency and will also remain in future.

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January 02, 2017, 06:08:23 PM
 #32

Circle unveiled itself at a bitcoin conference in 2014, vowing to take the digital currency mainstream. But like so many other startups that embraced this big idea at around the same time, its mission has changed.

In January, I met Circle CEO Jeremy Allaire for coffee in San Francisco. Even then, he was careful to paint his company not as a bitcoin operation but as an outfit that would help people easily trade good old-fashioned dollars with friends and family via a new smartphone app. And now, as it announced yesterday, Circle will no longer allow customers to buy and sell bitcoin. "READ MORE FROM LINK BELOW"

News Source: https://www.wired.com/2016/12/future-bitcoin-not-digital-currency/

What do you guys think ? I certainly think bitcoin will become the digital currency in future and this article is BS. However, I'm no bitcoin expert. What do you guys think about this ? Will it become the digital currency in future ?

Whatever Circle is having or believing, they are entitled to it. They know what they saw when they went in all for Bitcoin and now, they are saying they are leaving who am I to say No to them or castigate the position they are choosing? All I know is that they cannot remove the fact that Bitcoin serving as a digital currency contributed to a large extent to the popularity it enjoys today. No more no less.
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January 02, 2017, 07:00:51 PM
 #33

Bitcoin basis is the currency so bitcoin would forever be seen as currency although it could also be said as investments due the value of bitcoin are fluctuate.
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January 03, 2017, 01:28:58 PM
 #34

It is only Circle's own problem not to allow their customers buying and selling Bitcoin, it is not Bitcoin's problem. It just means that Circle is not going to succeed. Other companies will find ways to take over Circle's current service.

That is true, someone else will take their place and make money instead of them. Circle has made wrong business decision.
But Bitcoin is and will remain digital currency so I can't actualy see the point of this article. And Bitcoin already is future.
In future even the fiat currencies are going to change in to digital currencies, as some countries are taking serious action to launch their own digital currency because of the increasing demand of online trading and shopping etc.

I think bitcoin is really becoming more stronger than its previous position and hope that in future it will remain the world number one digital currency.

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January 03, 2017, 01:42:44 PM
 #35

I may not agree with this opinion. Well, it can be said that the current bitcoin digital currency is best, even bitcoin able to compete with PayPal, and I'm sure a lot of people are recognizing it. bitcoin development can also be said to be very fast. So, sooner or later, all internet users, will try to save bitcoin, and will use it as a digital currency.
I am also not agree with this statement, I think bitcoin is really created as digital currency, and in future  it will remain as digital currency and is not going to change in paper money or something else, in fact the world’s trend is also changing and now people are most do trade online that is the reason the value of bitcoin is continuously increasing.
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January 03, 2017, 01:46:24 PM
 #36

I may not agree with this opinion. Well, it can be said that the current bitcoin digital currency is best, even bitcoin able to compete with PayPal, and I'm sure a lot of people are recognizing it. bitcoin development can also be said to be very fast. So, sooner or later, all internet users, will try to save bitcoin, and will use it as a digital currency.
I am also not agree with this statement, I think bitcoin is really created as digital currency, and in future  it will remain as digital currency and is not going to change in paper money or something else, in fact the world’s trend is also changing and now people are most do trade online that is the reason the value of bitcoin is continuously increasing.

Indeed bitcoin is truly one of the best digital currency we have today. But the problem is that there would probably be a better one that would change bitcoins and ultimately be the next digital currency that would totally pace out fiat currency. Because bitcoin might not catch up with the whole world before governments create their own cryptocurrency that they would have to replace their fiat.
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January 03, 2017, 01:56:39 PM
 #37

I may not agree with this opinion. Well, it can be said that the current bitcoin digital currency is best, even bitcoin able to compete with PayPal, and I'm sure a lot of people are recognizing it. bitcoin development can also be said to be very fast. So, sooner or later, all internet users, will try to save bitcoin, and will use it as a digital currency.
I am also not agree with this statement, I think bitcoin is really created as digital currency, and in future  it will remain as digital currency and is not going to change in paper money or something else, in fact the world’s trend is also changing and now people are most do trade online that is the reason the value of bitcoin is continuously increasing.
I'm not sure. In fact, Bitcoin is gradually becoming popular, the future of Bitcoin is very difficult to predict, Maybe the future Bitcoin will collapse and maybe it will develop but it will remain as digital currency. We can not predict about Bitcoin in the future
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January 03, 2017, 03:04:21 PM
 #38

I may not agree with this opinion. Well, it can be said that the current bitcoin digital currency is best, even bitcoin able to compete with PayPal, and I'm sure a lot of people are recognizing it. bitcoin development can also be said to be very fast. So, sooner or later, all internet users, will try to save bitcoin, and will use it as a digital currency.
I am also not agree with this statement, I think bitcoin is really created as digital currency, and in future  it will remain as digital currency and is not going to change in paper money or something else, in fact the world’s trend is also changing and now people are most do trade online that is the reason the value of bitcoin is continuously increasing.
that's right , the factor that make bitcoin skyrocketing it is because of a lot of transaction made.
and of course it is drive to a high demand too, people have used bictoin already as digital currency.
we cannot avoid that fact , and people really love with it.
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January 03, 2017, 03:07:22 PM
 #39

Circle unveiled itself at a bitcoin conference in 2014, vowing to take the digital currency mainstream. But like so many other startups that embraced this big idea at around the same time, its mission has changed.

In January, I met Circle CEO Jeremy Allaire for coffee in San Francisco. Even then, he was careful to paint his company not as a bitcoin operation but as an outfit that would help people easily trade good old-fashioned dollars with friends and family via a new smartphone app. And now, as it announced yesterday, Circle will no longer allow customers to buy and sell bitcoin. "READ MORE FROM LINK BELOW"

News Source: https://www.wired.com/2016/12/future-bitcoin-not-digital-currency/

What do you guys think ? I certainly think bitcoin will become the digital currency in future and this article is BS. However, I'm no bitcoin expert. What do you guys think about this ? Will it become the digital currency in future ?

You are correct  that whole articvle is pure FUD. CEO from Circle said that we dont use BTC anymore within 5 years...

Pathetic and disgusting turnover.
anonbit992
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January 03, 2017, 03:27:38 PM
 #40

I am pretty sure bitcoin will become future digital currency, the enthusiatic of bitcoin user is very high, and the transaction flow of this coin is really high, and in the future there will be more user used bitcoin as currency, and beside of that bitcoin also can become investment, so there will be more and more people used bitcoin

I agree with you. Bitcoin will become a global, alternative currency to US dollar and Euro. People will use it to do more transaction with each other. Every day the transactions are growing and more users are getting to the game. People are using bitcoin as a store of value which shows their confidence in bitcoin.


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