The Future of Bitcoin Is Not as a Digital Currency

[stomachgrowls]

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.

I dont think so that bitcoin would able to compete with the most powerful currency on the entire globe and i believe that bitcoin would remain as a digital currency only and would stay on its place.If bitcoin would be a global currency they should focus first on how to centralized it because if they cant do it then they would not recognize it for sure.

[alyssa85]

What is happening here is that middle men like Circle have found that there is no use for their services. If bitcoin takes off, people will be using bitcoin directly, so no need for an interface in the middle.

[error08]

I don't understand the whole idea of this BS article https://www.wired.com/2016/12/future-bitcoin-not-digital-currency/
Well, all these years later, bitcoin is certainly not a mainstream digital currency. And Circle’s decision to stop operating as a bitcoin exchange is just the latest sign that it won’t become one anytime soon.
All this 8 years, bitcoin has been the best and mainstream digital currency compare to other altcoins obviously.
Yeah, better for them to quit interfere bitcoin world and create their own cryptocurrency.
What makes bitcoin moving forward because it is digital, send/receive through online network.
If bitcoin in the future create not as digital currency then it will be deterioration of bitcoin development.

[nara1892]

currency refers to a generally accepted form of
money, including coins and paper notes, which is issued by a government and circulated within an economy.

actually bitcoin is form of money, we can buy things by bitcoin, and it is issued by government and circulated within economy of a country like Japan. so according to the definition, bitcoin is a currency, even it has another function.

[geopolisch]

currency refers to a generally accepted form of
money, including coins and paper notes, which is issued by a government and circulated within an economy.

actually bitcoin is form of money, we can buy things by bitcoin, and it is issued by government and circulated within economy of a country like Japan. so according to the definition, bitcoin is a currency, even it has another function.

Yes, the property of investment opportunity will not last for ever. Because the demand of bitcoin will get saturated according to the world population regardless of its  limited supply. But this will happen only after 200 years. So, as of now bitcoin will be serving us in both the functionalities.

Maybe in future itself, bitcoin will be identified as only currency as the price appreciations will not be in significant levels at any time like gold is doing right now.

[ikydesu]

That's is not a circle company purpose to be a bitcoin exchange in first place, it's mentioned on the article, so clearly if they just try bitcoin, not really want to be a real bitcoin exchange, I think the purpose is to see how people interested to digital currency.

That will not affect to other company who have a serious run bitcoin business. No doubt bitcoin will be a future digital currency.

[icecube45]

That's is not a circle company purpose to be a bitcoin exchange in first place, it's mentioned on the article, so clearly if they just try bitcoin, not really want to be a real bitcoin exchange, I think the purpose is to see how people interested to digital currency.

That will not affect to other company who have a serious run bitcoin business. No doubt bitcoin will be a future digital currency.

Yes true in the future bitcoin will still be a digital currency and will not change. Because the future of digital currency will become a trend, and it will start from the bitcoin. I think this is the purpose of establishing bitcoin to make people interested in the future with digital currency. I believe bitcoin still will be digital currency and will continue to grow.

[kryptqnick]

I doubt bitcoin will just suddenly die, because people stopped using it. The price is rising along with the popularity, I think btc is becoming only stronger. And being digital is in the essence of bitcoin. I heard about the ideas of making btc paper money. I think its crazy, because being immaterial is one of the btc advantages above the fiat.

[Dr.Osh]

the better a technology it will lead towards digital technology. bitcoin has entered the digital world, and I think that is where the future of bitcoin. the times, it will start to turn towards digital and towards more practical. I am very sure, if bitcoin is used in the real world, I'm sure it will also be used in digital form, such as an atm card.

[mrbigmugs]

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.

I dont think so that bitcoin would able to compete with the most powerful currency on the entire globe and i believe that bitcoin would remain as a digital currency only and would stay on its place.If bitcoin would be a global currency they should focus first on how to centralized it because if they cant do it then they would not recognize it for sure.

i also do not think so, to me i think the only successful online currency is bitcoin and will continue for ever as most of the people are still giving preference to bitcoin and therefore it will remain the world number one currency.