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cybersofts (OP)
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September 20, 2017, 09:33:35 PM
Last edit: February 25, 2018, 01:03:36 PM by cybersofts
 #1

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is acceptable all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 
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September 20, 2017, 09:39:29 PM
 #2

Well I agree with you, but we are not quite there yet. Bitcoin can achieve all those things, but we don't yet have those fast transactions and with low fees. If you compare bitcoin transaction with Visa or paypal, you will see that those are much faster. Also our fees are better now, but still not as low as they need to be, in order for us to use BTC for small transactions (like grocery shop etc).

I do believe that we will be able to achieve that in the future, so yes, in the long run, if everything goes well, bitcoin will play a major role as a currency. Right now, it's a good investment in my opinion, because like I said, I think it will achieve all those positive aspects you've mentioned.

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September 20, 2017, 09:52:26 PM
 #3

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 
Fast?
Eth transactions are more fast and effective if you gonna to consider mining time..

Cheap?
There are more cheaper options. Dont forget what happened to  the mining fees when btc price tends to make new uptrend..

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September 20, 2017, 10:11:55 PM
 #4

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 

I think it yes, with all of these advantages of bitcoin to make people at ease and happy in their lives then the role to help the humanity is already achieved. Most of the people way of living were lift up because of bitcoin it is already a part of the world history of mankind for the next generations to take.
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September 20, 2017, 10:16:30 PM
 #5

Of course! even from now bitcoin has run the role for future technology. Bitcoin has make own history in the world of technology, finance, and the global economy.
We can imagine something that was originally worth only $ 0.0xx has now become very valuable and hunted a lot of people to have Cool
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September 20, 2017, 10:18:23 PM
 #6

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 

I think it yes, with all of these advantages of bitcoin to make people at ease and happy in their lives then the role to help the humanity is already achieved. Most of the people way of living were lift up because of bitcoin it is already a part of the world history of mankind for the next generations to take.
i also think that there is no doubt that bitcoin already play a very important role in life of people and even will play in future, in fact some people already depending on bitcoin for their living and if in future bitcoin become more stronger and reliable hopefully their living style will become improved from time to time, i think in future bitcoin will have a very important role for the people who are mostly depending on bitcoin.

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September 20, 2017, 10:26:38 PM
 #7

I am sure that Bitcoin has a role to play in the future, and that it will be a lot more used and traded online, more governments will support it, and more marketplaces and ewallets online will accept it. The community is already growing up and thats will help to spread the word about Bitcoin easily
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September 20, 2017, 10:27:53 PM
 #8

Bitcoin is the pioneer in cryptocurrency, and as we see the world today, technology is moving fast, no doubt bitcoin will play a major role in the future. As of now we are seeing a lot of people bashing bitcoin, however bitcoin has proven itself to be stable and  had proven to everybody that bitcoin is a legitimate currency. I think we are just seeing future being born this point of time, it is like taking care of a baby, and after how many years, we will see that bitcoin will cost a fortune, and all other technology will soon follow on how bitcoin was created, just look at altcoins, thry have a the same technoloy but it is being produced in a deifferent way, somehow. Bitcoin will also play a major role in all countries, the more bitcoin you have the more power you have, i think we will see thins that had happened before just like when people are using gold and silver coins, the more gold you have, the richer you are, and gold back then is also being mined, not being printed just to have a lot and devalue it further. Let's all just eait and see what will thr future holds for us and bitcoin, hopefully all will turn out postivr 3-5 years from now, then another 10-50 years, for us to see further what rope bitcoin is playing for the rest of the world, not only in currency but in technology as well.
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September 20, 2017, 10:31:13 PM
 #9

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 

Bitcoin had already played a major role today in terms of finance system, definitely, Bitcoin will perform a great role in the future too.  Bitcoin will be adopted as alternative currency of every nation, and aside from that, it will be a great store of value due to the increasing price because of global adoption.  Once all regulations are set and Bitcoin is proven to be  a clean currency, it will be used by almost all country as a model if not an alternative currency in preventing fraud and money laundering.
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September 20, 2017, 10:32:03 PM
 #10

I am sure that Bitcoin has a role to play in the future, and that it will be a lot more used and traded online, more governments will support it, and more marketplaces and ewallets online will accept it. The community is already growing up and thats will help to spread the word about Bitcoin easily
yes that is right that bitcoin has to play a very important role in future, actually bitcoijn is becoming more and more popular from time to time and as more people are investing money in bitcoin and making it more stronger, therefore we can believe that bitcoin will really play a very important role in future, specially in modern areas where people are more educated and like on line business and shopping etc.
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September 20, 2017, 10:36:05 PM
 #11

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 
Yes of course,  bitcoin will drive the revolution of economy system.  Bitcoin will change a lot of human habbit in economy section. 

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September 20, 2017, 10:36:47 PM
 #12

I think bitcoin already has the potential to be a part of the future and a role to play in the future because people in the future will be mostly using technology in their daily activities. It has already started and well never know what the future will bring also.
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September 20, 2017, 11:18:43 PM
 #13

I think bitcoin already has the potential to be a part of the future and a role to play in the future because people in the future will be mostly using technology in their daily activities. It has already started and well never know what the future will bring also.
For me bitcoin will have a big role in the future. Yes bitcoin become a part of every users that using it on a daily routine. Bitcoin is decentralized, secure so I think in the future it will give a big impact to the community. By having a continue support in bitcoin its existence is becoming strong in the future.

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September 20, 2017, 11:22:22 PM
 #14

The short answer is yes.
However i have a bad feeling that as the world moves to digital currency, bitcoin will be used as a model for future currencies but replaced by a coin decided by the world banks.
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September 20, 2017, 11:23:09 PM
 #15

Yes, but I am not sure about the cheap transaction fee, but bitcoin does provide another unique feature that can't be provided by Fiat money, so in the future there will a lot of people using Bitcoin and Bitcoin has become solution for a global transaction, so I think Bitcoin will play a very important role in the future


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September 20, 2017, 11:38:00 PM
 #16

Based on all these aspects, I still think that the role of bitcoin is to be the unifying factor for the international currency, be the global currency. Today the US dollar is the strongest currency followed by Euro and Yen. If the bitcoin becomes powerful currency in the future, all international transactions will be based on bitcoin currency.
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September 21, 2017, 12:51:16 AM
 #17

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 
I think yes. As technology advances the use of digital currency also become wider because of those said aspects above. The trend and adoptation are also factors of making Bitcoin in the right place of the future. Volatility and security of Bitcoin has positive impact to the community thats why the world is keep on using Bitcoin and will still be the best coin in the future no matter what happens because Bitcoin is unstoppable. Yes there might be a chance of downfalls but Bitcoin still managed to bounce back in a couple of days. Just look at the price still in the range of $4,000 even though FUD is happening in the crypto community and market due to negative news.



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mudasarali43
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September 21, 2017, 02:30:00 AM
 #18

yes i think in future Bitcoin will be a shining currency more than currently, I think to understand these it is very simple you check the price of future you can watch how bitcoin price rapidly grow and no one can constantly break it so in future rates are depend some time in news but it will go up and high.
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September 21, 2017, 02:44:30 AM
 #19

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 
Not just a role, but it is a BIG ROLE. I can see bitcoin becoming one of the greatest invention of modern age. More people will use bitcoin in the future, and more establishments, shops, stores, and commercial companies will be accepting bitcoins as a payment (even today, there are already some which are accepting bitcoin as mode of payment).
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September 21, 2017, 02:46:32 AM
 #20

Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 

Why not?! Borderless payments without third parties involved taking your information and collecting fees. What a racket. No more, the people only need other people;)

 
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