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Author Topic: Bitcoin as the currency of the future?  (Read 8463 times)
azguard
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December 11, 2017, 11:21:10 AM
 #301

Bitcoin is not literally the future of the currency because the future is behind bitcoin and that is the blockchain technology and that blockchain technology will become the foundation for the currencies to get some idea or use the blockchain technology to come up with a better system and also a lot of positive new features.
I think it is too early to conclude this statement.Although bitcoin is the leading cryptocurrency today and it has many users all over the world,still it is not legalised in many nations.Since it is decentralised,there can be many cases of fraud too.So the government will not allow such currency to enter the nation.Bitcoin requires internet accessibility which is not possible everywhere.
I agree...at the moment there are more problems than opportunities for bitcoin to become the world currency of the future


Bitcoin has potential but government dont allow for bitcoin to accepted mostly cuz they are afraid or rather that they cant control like like they can control fiat money of any kind. And on top of that bitcoin is rising in price and that is something that government cant effort to happen.



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Adv Tahmina
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December 11, 2017, 12:01:53 PM
 #302

It's  future is the bright.More people are interested to invest.It's  price increasing day by day.It will be a stable currency.Bitcoin is the king of currency. we can get a lot of benefit.
kitkat04
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December 11, 2017, 12:11:20 PM
 #303

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Yes! it is a possible event near in the future because we are living now in the digital age. Is is a event that is sure to replace our understanding about the currency. If this event will happen I will be happy because I am one of the user of this crypto currency.

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December 11, 2017, 12:41:30 PM
 #304

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Yes! it is a possible event near in the future because we are living now in the digital age. Is is a event that is sure to replace our understanding about the currency. If this event will happen I will be happy because I am one of the user of this crypto currency.


I think its possible bitcoin will be use people for currency of the future because some of online is accepting a bitcoin so i think in the future of bitcoin is legaly use for buying of needs people.if  it is be happen people become happy because that setuation is become easy transaction and safety because we know bitcoin is a degetal currency.

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December 11, 2017, 12:51:02 PM
 #305

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Depends if there will be more merchants who will use or accept Bitcoin as mode payment just like Paypal where majority or a lot of online store accepts Paypal compared to Bitcoin. Some online store owners don't even know the existence of Bitcoin (in my country example). Bitcoin being accepted as mode of payment will have a big impact.




How should we think about the future of a currency that is manufactured (“mined”) and priced in the private economy (as opposed to being minted on a controlled basis by governments) through an innovative, supposedly secure, and secretive system of digital codes that enables owners of the currency to complete transactions off the books and out of the sight of government regulators?

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December 11, 2017, 01:00:33 PM
 #306

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

Many are interested but I think not everyone will be using bitcoins as the main currency for exchange and trading. This is becase not everyone has access to the internet which bitcoin needs in order to update it with the global ledger of bitcoins. Not every poor people can have bitcoins because each bitcoin is just too expensive.

ShiroThe5th
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December 11, 2017, 01:07:15 PM
 #307

it is possible but bitcoin will have a long walk. bitcoin right is in the start of it's popularity but still some people didn't know about it. but if the popularity of bitcoin will reach in his peak, like some company accepts bitcoin to buy their product and bitcoin are using by many people. but it's not easy because the real money are absolute and cannot be replace easily, real money is symbolize it's standing of the country. i think bitcoin will be the currency if it will only use in a specific product like electronic loads, online items in a game, etc.
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December 11, 2017, 01:19:03 PM
 #308

 On the off chance that they will keep up the brilliance and enthusiasm they have on what are they doing.they will accomplish more things in future that will bring heaps of progress in the piece of bitcoin as well as the financial specialist too.
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December 11, 2017, 01:22:29 PM
 #309

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Yeah the user of the bitcoin now is continue to rising and continue spreadung the knowledge about the bitcoin as if now , but i doubt if it really make it as the currency of the future i don't know if it going to beat the currency like the fiat because gor now there are still illegalized the bitcoin in their country unlike the fiat it is legal all over the world i think it quite difficult to bitcoin if it make it
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December 11, 2017, 01:28:58 PM
 #310

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

I hink they will be one of the digital currency that will be accepted by the public but i also think that they will never be an official monetary unit of any country. Simply because the value of bitcoins are volatile they are not stable which means they are not qualified. People do not want to lose money in doing nothing they always wanted to grow their money but it is not always like that. But i think they will still be a great monetary until by everyone and will still be working as an independent currency for business purposes.
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December 11, 2017, 01:34:30 PM
 #311

Well,that would be really great since our technology is already advancing and the materials that is needed to make some paper currencies are already decreasing.Plus it will also allow the people to have more managable ammount of money in just a small pocket or wallets.Imagine having millions of money in your wallet that doesnt need to be coverted into your local currency.But the negative side of it is,it will enable some of the hackers to gain more money and it really needs some electricity and internet.
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December 11, 2017, 01:37:03 PM
 #312

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
I agree, Bitcoins popularity is now tied to its significant rise in value but some of its problems like high transaction fees need to be addressed and of course, the confirmation times need to be restored back to be within the 10minutes block times unlike whats happening were we have to wait for more than 24, 36 hours.

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December 11, 2017, 01:43:14 PM
 #313

Future cryptocurrency is bitcoin ?
i think its should be, this time is a frame for currency which use network as a gateway for investment and profit taking.
So, as long as the Internet is still alive, i think bitcoin will also become the king of currency in a next few years

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December 11, 2017, 01:51:34 PM
 #314

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

Actualy a lot of people thinking like this including me i also bilieve that bitcoin will become the mode of payment anywhere in the world. There is a sign that this will become true as today there are a lot of comercial business already starting to accept bitcoin as a mode of payment.

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Sasuke102001
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December 11, 2017, 02:01:25 PM
 #315

Will Bitcoin be a currency for the future? It totally depends on how many people and which sector starts accepting Bitcoin. If the commercial sector starts accepting bitcoin for daily products then Bitcoin can one day be recognised as the currency of the future. But current transaction fees and transaction time is what stops the merchants and people to use bitcoin for day to day use.
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December 11, 2017, 02:01:45 PM
 #316

I do not think Bitcoin will be a future coin, but still Bitcoin has not been ratified in all countries. Therefore, for every country's economic development, every country should adopt this digital coin to be competent.
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December 11, 2017, 02:16:32 PM
 #317

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Actually, bitcoin was already the future of the physical money since then because being a currency on a virtual manner already stands to be in lined with the  modern technology making bitcoin already the future or modern version of the physical money we currently have. Totally bitcoin was really the future money and coined to be the one who will lead to the uppermost or simply to the top.
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December 11, 2017, 02:37:00 PM
 #318

Bitcoin having features for as a future currency. But to be a currency it take time. Because it is still not legalised in all country. Also it is totally depending on internet. These are some drawbacks with it.
Also its price is always fluctuatinig, thats may create problem.
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December 11, 2017, 02:40:14 PM
 #319

I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Actualy a lot of people thinking like this including me i also bilieve that bitcoin will become the mode of payment anywhere in the world. There is a sign that this will become true as today there are a lot of comercial business already starting to accept bitcoin as a mode of payment.
Those commercial business can accept bitcoin because their government allows it. Thinking about the other countries who banned bitcoin and those who doesn't acknowledge it, it will be hard for the stores to accept bitcoin as a mode of payment. We can already consider bitcoin as a digital currency of the future, but currently there are still certain issues that needs to be solved.
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December 11, 2017, 02:46:38 PM
 #320

I figure Yes It will be the general money later on due to the pattern of a PC. The online market or shopping is presently accessible which you can utilize bitcoin the purchase or to shop on the web. And furthermore bitcoin use to contribute, to bet and to exchange that is the reason Bitcoin should be a general money later on.
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