chikendrymak4
Newbie
Offline
Activity: 41
Merit: 0
|
|
August 18, 2018, 05:56:27 PM |
|
I really don’t think that the decentralisation is the cause and it will even help.
|
|
|
|
phpartisanmaster
Member
Offline
Activity: 350
Merit: 10
|
|
August 18, 2018, 10:02:09 PM |
|
Cryptocurrencies is easy to exercise, it is very accessible. Time saving and convenient to use.
It was convenient since it was a digital currency and all we need to do is wait for the market price to pump up in order to earn profit.
|
|
|
|
rubynails
Newbie
Offline
Activity: 26
Merit: 0
|
|
August 19, 2018, 02:24:15 AM |
|
yes it is a decentralized digital currency with a limited supply and high demand. because there is no mixture of government hands and a trend to replace fiat currencies.
|
|
|
|
BlackPanda
Legendary
Offline
Activity: 1414
Merit: 1001
|
|
August 19, 2018, 02:31:34 AM |
|
All goes to this.Completely replace Fiat money is unlikely to succeed but every year the number of users of cryptocurrency will definitely grow.At the moment it is an uptrend
I believe that one day it will really happen. The society has been developing faster and faster. Soon, people will simply understand that the crypto has a lot of pros. We are all currently in the development stage of the era of digitalization. We all have implemented a digitization system in various important sectors. Well, what we are most waiting for is the attitude of the government in responding to crypto. If the government continues to argue that they will reject Crypto then this will be in vain. I don't understand what the government thinks, the fact is that crypto currently has many benefits and advantages compared to when we use FIAT. The government must immediately make a decision and if there is no decision by 2020, we can leave the crypto world forever.
|
|
|
|
Nabilah97
Newbie
Offline
Activity: 36
Merit: 0
|
|
August 19, 2018, 07:06:23 AM |
|
As far as I know about cryptocurrency, etymologically, cryptocurrency is composed of two words, namely crypto which refers to cryptography or coding language in the world of computers and currency which refers to the value of a currency. The definition can be drawn that cryptocurrency is a digital currency mechanism that can be used to transact virtually (via an internet network) that is protected by a complicated computer coding.
|
|
|
|
GalaxyWorld
Member
Offline
Activity: 406
Merit: 10
The Exchange for EOS Community
|
|
August 19, 2018, 07:19:16 AM |
|
The market is constantly falling, many people worry that the market will collapse but for me we should not focus on anxiety, peace of mind and patiently holding, waiting for the market to grow again.
|
|
|
|
Lalafell
|
|
August 19, 2018, 07:21:52 AM |
|
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
I think in the near future there is big possibility that cryptocurrencies could become one of our currency. Some people say that bitcoin will really become our future currency which able to exchange to all valuable things. As of now there are some countries start to legalize cryptocurrencies so that I guess in the near future all countries will legalized it and all government will recognized it as real money like our physical money.
|
|
|
|
Xivibe
Jr. Member
Offline
Activity: 89
Merit: 1
|
|
August 19, 2018, 07:35:06 AM |
|
This is the bottom of the market, the only way is up! Some projects need to take their responsibility and get on top of the game. I can't wait till for example Ebay or Amazon adds BTC or other cryptocurrencies as a valid payment method.
|
|
|
|
NevejElad
Newbie
Offline
Activity: 126
Merit: 0
|
|
August 19, 2018, 08:14:29 AM |
|
Cryptocurrency is the new dimentions in digital technology where in it is very useful nowadays that we are in the modern day of electronics transactions like payments and other digital ,on line transactions , one the advantage of this is the cashless transactions where the people are easy moving their needs through this cryptocurrency and more it is not only payments but at the same time investment scheme.
|
|
|
|
EdwardARiley109
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 19, 2018, 08:33:56 AM |
|
I think it is very difficult for Cryptocurrency to become a medium of exchange because it is not as convenient and practical as cash. For example, when you go to the food street or travel to developing countries, then cryptocurrency may not be reasonable to use.
|
|
|
|
JoeG.Fuller123
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 19, 2018, 08:58:07 AM |
|
At a time when all nations around the world agreed on a common rule for the cryptocurrency when people understood the value and accepted cryptocurrency, the point at which equality was guaranteed for everyone. At that time, I think cryptocurrency would become a means of trading, buying and selling, and exchanging popular
|
|
|
|
Hawkinsjr10
Newbie
Offline
Activity: 35
Merit: 0
|
|
August 19, 2018, 09:04:18 AM |
|
I think Cryptocurrency cannot be separated from innovation and advances in digital technology that cannot be dammed and increasingly affect modern human life. The pace of technology is not only seen from surfing the internet with Google applications for example. Moreover, digital technology also touches on the fundamental aspect - without reduction to refer to it as the only major need of modern society - in everyday human life, namely money as a medium of exchange.
|
|
|
|
Lukamovo918
Newbie
Offline
Activity: 32
Merit: 0
|
|
August 19, 2018, 09:19:49 AM |
|
The legitimate currency needs to have a definite value, with the price fluctuation of the cryptocurrency probably not appropriate. because universal exchange needs a stable value.
|
|
|
|
tanyeza123
Newbie
Offline
Activity: 41
Merit: 0
|
|
August 19, 2018, 09:20:35 AM |
|
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It would require investment I figure, it needs a strong framework that can shield from wrongdoing conduct, yet in the event that we see cash in return framework is really in view of trust between two gatherings, cryptographic forms of money could be the future "cash", since trust in fiat cash is chosen by one gathering, the bank, yet in cryptocurrency a great deal of "individuals" choose whether your record is genuine or not, and I feel that would be the fundamental idea later on.
|
|
|
|
Linconde6654
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 19, 2018, 09:45:37 AM |
|
This is not possible, cryptocurrency is still a virtual currency, it is not real cash. Moreover, the value of electronic money is not stable. Exchange requires a real money and a specific value
|
|
|
|
baddertin9716
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 19, 2018, 10:33:04 AM |
|
First, select one or more of the highly usable cryptocurrency types, followed by a common convention of all countries for that currency, and, most importantly, soliciting citizens to agree.
|
|
|
|
lavara
|
|
August 19, 2018, 11:29:56 AM |
|
The Crypto currency is too young and not as widespread as phiatic money. It takes more time and then people will use them in different spheres. Now there are projects that develop platforms for popularization of crypto-currencies, the ability to pay for various services such as banking offers or Take advantage of attracting your audience-or promoting your brand.
|
|
|
|
Goodday
|
|
August 19, 2018, 12:16:31 PM |
|
bitcoin is universal because it can be used throughout the world and also now bitcoin is the most expensive currency in the world.
|
|
|
|
EmJay
|
|
August 19, 2018, 12:34:45 PM |
|
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It can be but I think it should take a plenty of time. As of now I can't see it will be happening soon. As some countries are bot supporting cryptocurrency .
|
|
|
|
babarian
|
|
August 19, 2018, 12:53:12 PM |
|
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
Of course, crypto currencies can be a universal currency, with crypto currencies being accepted by all countries in the world, but I am not sure if crypto currencies can be physical currencies because it will not be better than the existing FIAT currency.
|
|
|
|
|