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Author Topic: The Future of Money  (Read 918 times)
EddyGameta
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January 11, 2018, 04:50:57 AM
 #61

Crypto currency is a currency in the future that is currently not yet accepted by some countries and already there are some countries that have received crypto currency, maybe fiat money is still the main currency in the whole country because to show the currency in each country while Crypto Money that is unacceptable may not be able to fund state money, and state governments still need taxes that can result from money transactions. To build the country from taxes.
maybe it's in my opinion and one's opinion may be different from my opinion.
Botnake
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January 11, 2018, 05:06:37 AM
 #62

Now there is speculation that the future is unpredictable, I hope that money has a good future, after all, I invested some money, so for me, also can get some good high returns
What money are you investing? money is not a good investment because the value is subject to inflation.
The good investment is the cryptocurrency like bitcoin because the price will continue to rise due to its limited supply, also there are altcoins in the market which is a good choice of investment as well.

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linkybit
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January 11, 2018, 05:17:31 AM
 #63

More and more enterprises are getting into the blockchain, and in future we'll see blockchain based banks. Eventually, most of the people will move to digital currency. However hard cash will remain there for centuries.

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George51rus
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January 11, 2018, 07:54:13 PM
 #64

I believe that bitcoin will not replace money, everything will remain as it is. earn on the stock exchange - translation on the map. Just think what will be the taxes.
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January 11, 2018, 11:36:47 PM
 #65

Nobody knows what will happen, things are moving too fast to make any decent prediction.
I think that the more scaring idea is just that anyone will have a kind of qr code tattoed somewhere, and will use it to pay Sad
Lpim01
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January 11, 2018, 11:43:16 PM
 #66

Though cryptocurrencies are becoming widely used by individuals but it doesn't mean it will make fiat money to disappear. The acceptance of crypto by the community isn't totally a 100%, considering that not all establishments are accepting this currency.
astrid.uchiha24
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January 11, 2018, 11:54:14 PM
 #67

They will stay what they are and will not be replaced by cryptocurreny. Fiat are the representation of a country so i don't see any circumstance that a country will choose cryptocurrency as a national legal tender, governments might support this currency but not to the point they will replace fiat with it.

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qwertyup23
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January 12, 2018, 12:03:59 AM
 #68

They will stay what they are and will not be replaced by cryptocurreny. Fiat are the representation of a country so i don't see any circumstance that a country will choose cryptocurrency as a national legal tender, governments might support this currency but not to the point they will replace fiat with it.

You are right.
Fiat as our international currency is recognized around the world as the main medium of exchange. Considering that there are countries that still follow the barter-system payment, introducing cryptocurrencies as main currencies will not be feasible due to economic discrepancies per country. Also remember that half of the population around the world are living in poverty and have no access to the internet. Lastly, cryptocurrencies in general exist within the internet and is intangible compared to fiat. It is easier to have something that you can hold-on as to something that can be potentially hacked in the internet.

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mariah.sadio
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January 12, 2018, 12:07:11 AM
 #69

We are all still not yet sure about the future of money. If it is still be fiat or cryptocurrency will replace fiat or vice versa. But I hope that even if physical money will be the one used in the future, I hope that cryptocurrencies will still remain usable at that time, and I am expecting that the market of physical money to digital money dwells.

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AjithBtc
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January 12, 2018, 12:07:59 AM
 #70

Though cryptocurrencies are becoming widely used by individuals but it doesn't mean it will make fiat money to disappear. The acceptance of crypto by the community isn't totally a 100%, considering that not all establishments are accepting this currency.
Yes, the individual usage of cryptocurrency keeps growing. The same doesn't gonna make the entire fiat money get disappear. Very few countries has created their own digital currency, in future looking upon the economic growth experienced by those countries other countries too might get into cryptocurrency usage.

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January 12, 2018, 12:25:38 AM
 #71

Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.

I am seriously doubting that crypto will change the world the way that we will get rid of the central banking system.

I believe most of the people are here just seeking profit and not dreaming of different world.

goaldigger
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January 12, 2018, 12:32:19 AM
 #72

Cryptocurrencies are indeed an evolution of monetary system but i dont think this can eliminate the central banks. All of us wanted to have a freedom on our transactions with no other third parties involved but if there is no organizations like central banks who executing peace and order to transactions, there would be a chaos.

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endaiin
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January 12, 2018, 12:41:34 AM
 #73

Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.

Blockchain is more than a coin or money, it's a technology revolution.
From traditional network to peer to peer. it cab be use on many real use case in live.
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January 12, 2018, 12:48:59 AM
 #74

Now there is speculation that the future is unpredictable, I hope that money has a good future, after all, I invested some money, so for me, also can get some good high returns
I think the future is bright, but there are some bubbles in this market, it grows too fast without consideration about the fact.

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January 12, 2018, 01:11:27 AM
 #75

Global monetary system is just observing and speculating pejoratively against bitcoin at the moment. But it is up to join the game because virtual market came to stay and stabilish the new procedures apart banks and vintage financial institutions. Now is the right time for virtual market give the route for the future of the money. The moment is more than favorable for it. It's a question of opportunity and planned crypto methodology to settle definitely the innovative and fairly way to multiplicate prosperity for all as we never seen before!
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January 12, 2018, 01:14:41 AM
 #76

There's a saying that 2018 economy will crash. Digital currency is booming with no doubt, but would it get big hit when economy crashes?

I think it's better to keep a balance of real cash and digital money just in case. Cuz you never know.

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January 12, 2018, 01:57:10 AM
 #77

I think that the next generation, in the future cash with the change of like cryptocurrency. Cryptocurrency is a unbeatable digital currency. Crypto is the beginning of alternative method of earning money. Crypto currencies will change the social system. In the future,  cryptocurrency is change the way of earning money.
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January 12, 2018, 02:02:52 AM
 #78

its true but if there is still fiat money out there its jard be come true. the only way is goverment need to burn all the fiat money and make a cryptocurrency instead for money. cashless society would be real but not near our future.

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January 12, 2018, 03:52:12 AM
 #79

Real money for all you need! But may be future of money in iOT world is crypto! Because real money verry dificute used via internet!
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January 12, 2018, 03:56:21 AM
 #80

The old world money system has become far to corrupted, just look at the number of fraud cases from the big banks involving rate manipulations  in virtually every market. They have used the excuses of creating a stable market which they view as good, what you can see with the so called "bubble" in crypto is true free market demand and supply. The FIAT system needs to change it is the worlds biggest Faucet.

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