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Author Topic: Is The Bitcoin Become New Money In The World  (Read 1385 times)
andylowe
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October 18, 2017, 03:26:30 PM
 #61

I am sure by 2020 all States will use it, and now they are preparing it. Just look at some companies are getting interested in ICO and creating a variety of Blockchain-based products.
Yes, I am with you mate.  Nowadays, we are on a digital world due to technology  advancements. And because  of that, bitcoin in the future  will serve as a world digital currency. By that time, bitcoin's price  will be extremely  high because  the demand is high. So, I'd  better hold my bitcoin today and gain profit tommorow.
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October 18, 2017, 03:31:03 PM
 #62

They will lose their path/way to improve and develop more. it will not Happen, Keep in mind that china is a big country and one innovating class country, what do you think happen in their economic status if they shut down there connection to the other world, what will happen to their country after that.Many of them know the potential of bitcoin in their country and to their improvement shutting it down totally can lead them to lost.When it regard to Bitcoin i believe they can easily erase it to many people even using their so called censorship works.
China have to learn from Japan that how they implemented bitcoin in their country and how much they are getting the benefit from their this action. If China will also legalize bitcoin for their state then they will also get that much benefit. Bitcoin has a bigger future and it will capture the world economy and will give a great success to our businesses.
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October 18, 2017, 03:38:22 PM
 #63

I am sure by 2020 all States will use it, and now they are preparing it. Just look at some companies are getting interested in ICO and creating a variety of Blockchain-based products.
Yes, I am with you mate.  Nowadays, we are on a digital world due to technology  advancements. And because  of that, bitcoin in the future  will serve as a world digital currency. By that time, bitcoin's price  will be extremely  high because  the demand is high. So, I'd  better hold my bitcoin today and gain profit tommorow.
Yes the trend of using digital currency is now increasing. with the passage of time the facilities of using bitcoin and other digital currencies are increasing, in future we can expect that bitcoin will reduce the use of fiat currency and will mostly give preference to online currency. therefore we can say that bitcoin become the new money in the world, because bitcoin is decentralize currency and is present throughout the world with same value everywhere.

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Samueltalk
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October 18, 2017, 03:41:22 PM
 #64

Especially lets start to discussion about this sexy topic ...the information of bitcoin spread fast in internet and more people write in the blog or website they talking about benefit of bitcoin, the impact of bitcoin, the weakness of bitcoin and etc..but let's be smart think ..beside the situation in may country in the world all most people has release the function of bitcoin and make our-life thinks be more specially in transaction..for example buy cloths using bitcoin and etc...but the more news every government more talk out to ban this bitcoin..they said bitcoin is illegal money ...oowww....amazing statement..okay lets be think...

The condition in our life every country is different but the common sense is same we need money and we need comfortable life, this topic relation about our satisfied..I need have beauty girlfriend , I need Big House, I need new car and etc...meanwhile we life in our-self dream ...we have controlled by them...so if the most community will be reach , the control will be down...we have release..is there economic gap..and this time to wake up..not only them..we all the same....
Bitcoin is a virtual currency, and can also be done in the form of transactions.
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October 18, 2017, 03:43:24 PM
 #65

Bitcoin make a new revolution in the whole economical and financial worlds. Its nowadays the first used and traded crypto currency but as it is decentralized, governments and banks can't control it. Bitcoin is money without any doubt, but its a lot better than fiat currencies, thats why it keep growing up and every day almost new people start using it
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October 18, 2017, 03:43:44 PM
 #66

In general, it already has new money in the world. I think the question is only how long it will take to replace the fiat money. The maximum simplification of use will accelerate this process.

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October 18, 2017, 03:48:24 PM
 #67

of course, bitcoin and cryptocurrencies are gonna be the world money, is the only way to control de inflationaries  systems in all the world.
this time deflationary and distribuided systems like bitcoin are gonna be used in anything in the world.
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October 18, 2017, 03:59:51 PM
 #68

I wish it would happen, if bitcoin become new money in the world, everything can be easier. I can buy clothes, dress, jackets, mobile phone etc using bitcoin. We do not need money if we want to buy something unless just use the coin. However, it will take a long time to make it global, and the problem is not all countries use and legalize bitcoin.
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October 18, 2017, 04:21:19 PM
 #69

Now this consensus is already established that Bitcoin has a certain value. People who recognize this consensus come from many countries. De facto, actually Bitcoin has become one of the world's currency.
The dependence of world trade on USD is actually not ideal because USD is the currency of a country, where if something happens with that country automatically the value of its currency will be affected.
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October 18, 2017, 04:25:25 PM
 #70

I am sure by 2020 all States will use it, and now they are preparing it. Just look at some companies are getting interested in ICO and creating a variety of Blockchain-based products.
There is a possibility that bitcoin will become our future money that we can used in all kind of transactions. In addition to that, you must believe to the great potential of bitcoin and I think it will become our world currency. I agree that in the future all states will use it as money.
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October 18, 2017, 05:21:12 PM
 #71

In some countries, bitcoin is seen as a new kind of money but just a few country accept it. All most countries remain not accept it and judge it as a illegal money and anyone who do bitcoin stuff can be seen as criminals, it is really sad. I hope in future bitcoin will be legal and accepted by goverment as a new kind of money, everybody can do shopping with bitcoin like buying clothes, pay tax or everything can be paid with normal money
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October 18, 2017, 05:30:53 PM
 #72

Bitcoin is an interesting economics project playing out in real life. Everything is connected through Bitcoin, so there is no comparison here at all, it became new money in the world.
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October 18, 2017, 05:49:02 PM
 #73

Not the brand new but for some people it is new currency because they are newly joined bitcoin forum. There are hundreds of crypto currencies which are using daily and they are trading on daily basis So in the rate of bitcoin and its comparison with other currencies you will find bitcoin is the most reliable and easily traded currency and it has a value in the market. For a bright future we must earn the bitcoin valuable currency to have with us.

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EddyGameta
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October 20, 2017, 06:05:00 PM
 #74

Isn’t Bitcoin already been a money since it was created by Satoshi Nakamoto? and what’s the relation of the title and the content of the post? and what are you trying to talk about in this post? because I am a bit confused to read your sentence and your grammar
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October 20, 2017, 07:58:03 PM
 #75

It is difficult to say whether bitcoin and crypto currency can completely replace paper money and become the only currency, but it has all the chances to coexist on a par with the money we are accustomed to. We live in an era of digital technology, and e-currency - is necessary for the greatest convenience. I think that in the near future we will all be able to understand whether bitcoin will be a full-fledged global currency.
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October 21, 2017, 08:22:19 AM
 #76

oh hi Google Translate users!
and this time to wake up..not only them..we all the same....
What will you do?
Bitcoin has been a 'money' since it was created, do you don’t know about it?
so if the most community will be reach , the control will be down
so do you mean the good news about Bitcoin should be massively spreaded and constantly crammed onto the public?

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October 21, 2017, 08:26:40 AM
 #77

unlike the money used as a tool of exchange, Bitcoin is an asset and can be a currency exchange, like gold and silver long time ago. exchange rate is not its main function, but a commodity that covers many things.
Bitcoin will never be an official 'money' used worldwide and don’t expect it to happen because it has some limitations that can’t be eliminated.

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October 21, 2017, 08:34:52 AM
 #78

It's more than money. Bitcoin's unique features make it allot better for the users. Simple and easy transactions, you can send to anywhere in the world. I just feel that everyone will start using it soon

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October 21, 2017, 09:07:24 AM
 #79

If government thinking is already open about btc and many major countries legalizing crypto currency is sure to happen  Cheesy

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October 21, 2017, 09:10:49 AM
 #80

I hope the Bitcoin becomes the new  money in the world, like you said we can buy clothes with bitcoin, pay tax with bitcoin and buy house and car with bitcoin, actually there are many countries accept bitcoin, but some ban this bitcoin like china. So it depends on what you think, if you thing it is great then you can keep it, otherwise, don't touch this thing.

True, we can buy clothes, pay taxes and buy houses and cars with bitcoin. But currently, most, not all of the companies in these industries don't directly accept bitcoin. We mostly only pay through a third party, then that third party will pay these industry companies with fiat. It's pretty much just like selling our bitcoin for fiat and then paying these industry companies. Just slightly easier as we have a 3rd party to do it for us.

I hope the day that we directly pay people bitcoin isn't too far from present.

I agree.  The more company accepting bitcoin as mode of payment, the better of us holding bitcoins.  Let's hope these companies will realize in the near future that their company will gain if they accept bitcoins.

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