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Author Topic: Cryptocurrency  (Read 3519 times)
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July 05, 2018, 10:00:44 AM
 #181

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
perhaps later on, digital money can turn out to be internationally so all nation can utilize cryptographic money as another installment framework and accessible on the web as well as accessible in the reality. in any case, it should meddle with the administration that will coordinate their framework with the blockchain innovation and possibly the legislature will dispatch their own particular crypto. also, perhaps their crypto will be an extension amongst digital currency and the fiat so it will associate with each other and we can have more advantages from the crypto.
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July 05, 2018, 12:06:38 PM
 #182

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

There are no doubts that in near future it will positively happen , and it's actually happening as you can see by the sudden increase of it's price last 2017 many entrepreneur and investors caught the attention that bitcoin can be a good source of income and a potential to dominate in the near future. I think it will use on the near future no doubts though long live bitcoin.



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July 06, 2018, 08:31:27 AM
 #183

Someday it might happen. There are already a lot of coins that appear and are very useful. maybe someday, fiat money will be in exchange with Cryptocurrency and all payments will use Cryptocurrency.

I think the same as you because, in the future, our life will be full of digital and cryptocurrency is a digital technology which has the potential to be applied. and when cryptocurrency is applied then we can see a new era of digital will comes and I think it will work together with fiat and maybe it will be used in all countries. we are still new in the digital technology and I am sure that cryptocurrency will grow and will evolve into something better that can be used in everywhere in the future.

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July 06, 2018, 08:35:06 AM
 #184

The future holds so much promise for crypto-currency as an acceptable means of payment,it is already being integrated into a lot of payment systems and the infrastructure to make such possible is constantly being developed.
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July 06, 2018, 08:42:44 AM
 #185

Someday it might happen. There are already a lot of coins that appear and are very useful. maybe someday, fiat money will be in exchange with Cryptocurrency and all payments will use Cryptocurrency.

I think the same as you because, in the future, our life will be full of digital and cryptocurrency is a digital technology which has the potential to be applied. and when cryptocurrency is applied then we can see a new era of digital will comes and I think it will work together with fiat and maybe it will be used in all countries. we are still new in the digital technology and I am sure that cryptocurrency will grow and will evolve into something better that can be used in everywhere in the future.
And certainly because it has the potential to have a good role in finance and various things to be able to take advantage of its advantages.. it still has a high chance to survive forever and better role for all people/countries. Well though it will not be shifting the fiat, it will be an alternative currency that plays an important role for the life of all human beings to a more modern and useful side.
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July 06, 2018, 03:42:37 PM
 #186

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

It could happen if the world's population has cryptocurrency, so they receive payment with cryptocurrency, and with it the cryptocurrency can be a global currency.
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July 06, 2018, 04:11:25 PM
 #187

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
there are  numerous  things  which hinders the full adoption of crypto. most  governments  are  comfortable with  crypto  since  they  cannot control  it.  this  will be  hard  for  most governmental  entities  to  enforce  various  laws.  apart  from  that  its  quite  volatile and  thus  not suitable for  use  in  the  long  term. my  hope  is  in  the  near  future  we  will  have  stable  coins which  can be  used  to  transact easily.
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July 06, 2018, 04:38:05 PM
 #188

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
For me, cryptocurrency can also be used as a means of payment like physical money, it's just that, cryptocurrency is used in transacting online. because for payment with cryptocurrency must have the internet connection
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July 06, 2018, 04:58:52 PM
 #189

yes of course cryptocurrency will be very much known to people and I am sure cryptocurrency will be many who use it even cryptocurrency can also potentially be one of the solutions in the future of existing financial problems.
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July 06, 2018, 10:59:42 PM
 #190

I think it is very difficult because not all countries accept the existence of crypto currency, and although it happens still we will not be able to use it as a buying and selling tool because the transaction speed in crypto is still very bad
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July 07, 2018, 01:44:46 AM
 #191

yes of course cryptocurrency will be very much known to people and I am sure cryptocurrency will be many who use it even cryptocurrency can also potentially be one of the solutions in the future of existing financial problems.
Cryptocurrency will become the solution for the people who are having financial problems because they can get into cryptocurrency and work here and hustle hard everyday and they can earn a lot of money that they can use to pay their debts and to erase their financial problems and start a great life which means that they will be gonna rich.
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July 07, 2018, 09:25:58 PM
 #192

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

It could happen if the world's population has cryptocurrency, so they receive payment with cryptocurrency, and with it the cryptocurrency can be a global currency.
It is almost done mate because now almost everyone has bitcoin. people are buying selling and taking advantage of bitcoin, the price of bitcoin gets high and low so some people buy bitcoin at the lower price ad then they hold to get the opportunity and selling high, crypto currency is the common now a day, almost everyone now a day using crypto currency and buying it at the lower price to hold help it grow more than double. It saves our future and crypto currency is gonna be global currency very soon.
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July 07, 2018, 10:39:19 PM
 #193

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

it could be all but the record if the whole country of the world can accept and acknowledge the existence of cryptocurrency itself. but the possibility of future will still be in use and in sahkan as a means of payment in the future because the technology in use can make transactions with a fast time and ease of payment if we go abroad do not need to exchange money in use countries that will be in the visit again .
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July 07, 2018, 10:58:28 PM
 #194

Electronic money is a new trend of technology. and it brings convenience to users across the globe. Full would be the popularity of electronic money in the future.
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July 08, 2018, 02:05:18 AM
 #195

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

It could happen if the world's population has cryptocurrency, so they receive payment with cryptocurrency, and with it the cryptocurrency can be a global currency.
It is almost done mate because now almost everyone has bitcoin. people are buying selling and taking advantage of bitcoin, the price of bitcoin gets high and low so some people buy bitcoin at the lower price ad then they hold to get the opportunity and selling high, crypto currency is the common now a day, almost everyone now a day using crypto currency and buying it at the lower price to hold help it grow more than double. It saves our future and crypto currency is gonna be global currency very soon.
I agree with you. The people are now more interested with the cryptocurrency because of the investment opportunities and the possibilities that they can become a millionaire someday if they will just invest into a cryptocurrency and keep it for long term and still be patient until they reached their target goal.
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July 08, 2018, 06:53:27 PM
 #196

Electronic money is a new trend of technology. and it brings convenience to users across the globe. Full would be the popularity of electronic money in the future.
cryptocurrency are the new tread setter in the economy world. Cryptocurrency shows the power of virtual currency. Cryptocurrency are decentralised currency which uses same as fiat currency. Sometime cryptocurrency has more advantage then that of fiat currency. Due its digital in nature you can use it all over the world just by the help of Internet. Its digital nature ensures us that no one can duplicate it. Cryptocurrency provide better money transaction experience. Cryptocurrency also use for investment purposes. Many people use it for their business. So Cryptocurrency is the future currency.
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July 08, 2018, 07:42:48 PM
 #197

the fact that an article like this was published 30-40 years ago in a very well known economics magazine that the new money in future will be virtual money, makes us think that crytpocurrency can become a new currency of the world.
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July 11, 2018, 07:55:44 AM
 #198

It's impossible. all must know the purpose of the bitcoin. bitcoin is used for investment and not used the currency used such as the eyes that in each country. all countries must reject it.
Modernism of global markets is now going very well and this was sudden change in the global market when modern technologies entered. These technologies made everything easy and brought a source of investment as well which is depending upon our knowledge to take care of. Bitcoin and other cryptocurrencies are very responsive and the current conditions favor us to invest here in the Bitcoin’s market.

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July 11, 2018, 08:33:35 AM
 #199

it would take time i guess, it needs a solid system that can protect from misconduct behaviour, but if we see currency in exchange system is actually based on trust between two parties, cryptocurrencies could be the future "money", because trust in fiat money is decided by one party, the bank, but in crypto a lot of "people" decide wether your account is legit or not, and i think that would be the main concept in the future.
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July 11, 2018, 08:59:36 AM
 #200

For me crypto currencies has no potential to replace fiat due to some reason which is it has no stable value and it can be use to scam people in different ways. And in fact that is the specific reason also why there are some country that didn't want to regulate in crypto. So perhaps crypto currencies will stay as a transparent money in the future.

I agree with you because if to look how many people using cryptocurrency we can see big deep. Most of them are using it living in big cities and people who are living in a villages doesn't know how it works and what does it mean.
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