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Author Topic: Bitcoin as the currency of the future?  (Read 8457 times)
Kelvinikke
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May 22, 2018, 09:52:42 PM
 #381

Well the use of cryptocurrency is still growing and broadening its wings across several industries. Right now bitcoin is one of the major cryptocurrency and it has been in the system for long to gain the trust of all the major stakeholders and investors. If it were to become the virtual currency of the future it will help other people to also get access to it. 

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Max.junior1
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May 22, 2018, 09:59:44 PM
 #382

Not just as the future currency alone, see the fluctuating price Bitcoin also as a new investment method for investors. In addition, they invest in gold, land and so forth. Now Bitcoin becomes an investment method that is able to provide significant benefits.
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May 22, 2018, 10:01:34 PM
 #383

The ability for everyone to be his own bank is the main factor that will bitcoin the future currency. Peers can make financial transaction without banks interference.
arguelles84
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May 22, 2018, 10:09:10 PM
 #384

Bitcoin fundamentally changes the concept of trust between the client and financial institutions that provide the necessary services, "the experts emphasize. "In fact, we are replacing banking institutions with a centralized mathematical system that conducts your transactions." In the work of financial organizations involved a large number of people who monitor the conduct of monetary transactions.
patrickj
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May 22, 2018, 10:14:49 PM
 #385

Bitcoin can be utilized as another medium of trade in present day world yet this does not intend to supplant the physical cash/money. Today, we can't state that Bitcoin will be utilized as a part without bounds since it isn't yet controlled by the Legislature and this can be hacked by others and less secure. May this will happen such a large number of years to go. For the time being, how about we appreciate contributing our cash to Bitcoin.
CryptOliver
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May 22, 2018, 10:29:14 PM
 #386

It's already digital currency, even in future, bitcoin will be the digital currency because bitcoin is the first, the most decentralized and the people will always use it as currency. The price is move significantly.
vanjava
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May 22, 2018, 10:43:19 PM
 #387

I agree.
To make bitcoin a future currency we must validate that bitcoin is acceptable to the world community so that bitcoin transactions can be allowed. Maybe this will be a good start for bitcoin in the future.

alkiw21
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May 22, 2018, 10:47:48 PM
 #388

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 think bitcoin has become the virtual money of the future because of its potential and popularity now so great. It may only take time for each country to believe that bitcoin is great and it will be great for us to always be on cryptocurrency. Bitcoin will achieve something great in the future, I believe it.
Daday23
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May 22, 2018, 11:05:34 PM
 #389

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 look forward for this that bitcoin in the future is the currency that used by many people.But we dont know what really happen to bitcoin.Its demand is depend in the market.We need to spread the good news about bitcoin and make it popular so that we can assure its fuure.
rollingstorm45
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May 22, 2018, 11:07:06 PM
 #390

hopefully it really happened, that Bitcoin may be the currency of the future
because then the value of BTC will rise
and I'm very excited when the BTC value goes up drastically

Th3Program
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May 22, 2018, 11:12:19 PM
 #391

Central banks of the world can print currencies in an unlimited volume, guided by some of their own considerations or political conjuncture. And all the world's currencies are gradually depreciating - some quickly, some slowly. The number of bitcoins issued in circulation is rigidly fixed by the rules and is halved every four years. In total, by 2140 they will be released 21 million. ... So the bright future of illegal online trading is not in danger.
godrey123
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May 22, 2018, 11:17:53 PM
 #392

I think that these can only happen when bitcoin become stable and become regularize and awknoledge by all countries around the world. Right now bitcoin is to volatile to become a currency in the future. prices cannot cope up with the ups and downs of bitcoin price.
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May 22, 2018, 11:20:07 PM
 #393

It is possible, but you need to take in consideration that it wont be in just a few yeras from now, that change is  gonna take a lot of time, and this is not because i am being rude, but this is the truth.
djmixen
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May 22, 2018, 11:36:48 PM
 #394

I don't thin it will happen in the future because as i can see, there are still people who don't know what is digital currency especially those age 50's or 60's and even 30-40's don't use it in some country. Besides there are many small stores that can't provide to accept bitcoin as payment in their product.
Anonylz
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May 22, 2018, 11:37:03 PM
 #395

Why not? I am more than confident in that bitcoin is going to replace fiat sooner or later, i am possitive about this and i think that it can be possible if everything goes out well for bitcoin

and specially if the government endorses it

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Krispin47
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May 22, 2018, 11:48:33 PM
 #396

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?
being witnessed these days is a good omen for better things to come but at the same time, its not only the determining factor of whether the bitcoin is going to turn into currency of the future because the future of last five years is now and bitcoin is yet to be a global currency accepted as a medium of exchange just because there are several other factors that comes into play for a currency to become global and increase in its value
atetess
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May 22, 2018, 11:48:52 PM
 #397

no doubt that its future is bright and more or more people are interested towards it as it is progressing day day.
the way we see the rise in price of it in previous 3 to 4 months this is a severe example of increasing in the number of users and i think i will become the future of all currencies as the future is of internet and more peoples comes towards it in near future.

You are correct,  no doubt about it. Bitcoin has a good future. And we are all expecting it that someday btc will be legalize in the world because of the best benefits in using digital currency.

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May 23, 2018, 12:29:37 AM
 #398

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?
That is very much possible Yes! as you can see it now many of the businesses, such as merchants who accepted bitcoin as their mode of payment, and other company too are now adopting the concepts of bitcoin. sooner or later it will become more higher more and more.
Yes, bitcoin value will be more higher and higher when time pass by but I think it couldn't be a virtual money.. It can't replace na virtual currency, because one of the reason is its value is not stable it fluctuates contineously  and although there is a lot of people used bitcoin but how about the other that do not have any idea about bitcoin and do not have fast internet access to study bitcoin.??
 Many things need to be considered before it become a virtual currency, it is not only depends on the value but also to the stability and conviniency.

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May 23, 2018, 01:10:29 AM
 #399

I think yes, if you look at technological advances at this very fast does not close the possibility of bitcoin into virtual currency in the future, what else plus this virtual currency (bitcoin) can be a very promising stock.
tanginamoo
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May 23, 2018, 01:21:05 AM
 #400

There is a possibility that the currency in the future will be Bitcoin because as the world develops the currency will also develop. All we need is to legalize the bitcoin all over the world.

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