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Author Topic: Bitcoin is a new phenomenal innovation  (Read 3111 times)
HarrisonErnest
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June 18, 2018, 07:51:42 PM
 #101

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
Definitely! Bitcoin has proved to be an extremely successful and remarkable market for the investors and is expected to take over fiat money very soon once it is legalized everywhere. TAU for instance is coming up with its new exchange and allows users to get a lot of gains in the market. This is an innovation of Lamden.
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June 18, 2018, 08:06:07 PM
 #102

Bitcoins can be mined and even made with money, but it will not always be profitable. The mining process is called mining. Thanks to it, there are transactions on the network, and thanks to the huge capacity it is impossible to crack. Doing alone mining is a senseless undertaking, since only one computer receives rewards. And since the competition is extremely high, the chances that it will be your PC are very low. It's like a chance to win the lottery.
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June 19, 2018, 01:53:07 AM
 #103

Bitcoin is a lot of things. It is a life saver to many for one. Gave a lot of people to make a living out of their spare time, with little capital. Definitely is the thing of the future. One of the greatest inventions of the 21st century.

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June 19, 2018, 02:11:20 AM
 #104

I believe that bitcoin is, part of the development of the payment system. In fact, blockchain is now beginning to be applied to various fields
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June 26, 2018, 06:50:13 PM
 #105

Yes, it’s definitely a phenomenal innovation. It is the innovation of digital currency. Bitcoin has improves the payment system all over the world and not just in one country. Its best feature is that it allows you to stay anonymous which was not available to us before. Therefore, we don’t need to give our details like credit card details etc which eliminates the risk of our credit card number getting stolen. In terms of investment also it is an outstanding innovation as it gives high rates on interest.
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June 30, 2018, 04:33:31 PM
Last edit: July 01, 2018, 01:10:58 PM by raahi
 #106

The advent of blockchain technology was remarkable but then using it for a financial term where a decentralized currency which is controlled only on the terms of demand and supply by the people and incorruptible where each user keeps a bit of that information is genius , I will call it the innovation of the century.
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June 30, 2018, 04:39:16 PM
 #107

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
what you are saying bitcoin is a good invention in the field of the economy today and using the advancement of technology and the development of the era with simplify and practical in its use

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July 01, 2018, 11:43:36 AM
 #108

i think the blockchain technology is the phenomal innovation here.
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July 01, 2018, 11:46:45 AM
 #109

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
Well, obviously it is. Bitcoin is an innovation in the market that can even replace fiat money as predicted by some investors. Let’s talk about prg. Did you ever imagine a coin letting you start a cannabis business via its Paragon Space or that provides us an opportunity to track our cannabis plants? No. Therefore, bitcoin is indeed an innovation.

This is absolutely true and I'm so glad that finally bitcoin is being respected. This is what I want from the very start that bitcoin will get the honor it deserves. It's just a matter of time and now bitcoin is being hailed as legitimate. Being a bitcoin holder it's a pride to be in this system and be part of the process. Start getting involved with the new currency craze which is bitcoin. Long live!

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July 01, 2018, 12:09:14 PM
 #110

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
I will say yes. Bitcoin has been one of the greatest invention in our age, bitcoin is being invented to make our life especially our financial life is better than before. Beside that many advantages is brought by bitcoin. So, i think bitcoin is one of the best invention this era.


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July 01, 2018, 12:23:16 PM
 #111

Am glad by seeing this, i believe the Bitcoin invention has brought a huge development to E-commerce and economic development as a whole.
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July 01, 2018, 02:34:22 PM
 #112

Yes, I totally agree that bitcoin is now the new phenomenal innovation. People do. OT even expect that these kind of invention will come,  but yes it is only an innovation.  It only comes from the idea of currencies like fiat but nevertheless, it is a good invention of humans.  These allows us to fully utilize the digital world without boundaries and unlimited possibilities. It even allow us to earn money while we are just with our gadgets considering we are living in the 21st century where technology dominates the world.
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July 01, 2018, 03:00:57 PM
 #113

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

Obvoiusly it is. Bitcoin is a new phenomenal innovation of our current era. Because of its system that makes our life well situated and easily, it considered as an innovation. Bitcoin made a changes in our currency such as we now have a digital currency due to that it is an evidence that technomogy advances.

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July 01, 2018, 03:31:34 PM
 #114

In my opinion, bitcoin will not only provide new information, but there are some phenomena where technological advances, and bitcoins are the same as the first and the first, and give bitcoins to them.
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July 01, 2018, 03:35:18 PM
 #115

Indeed,  bitcoin is a phenomenal innovation. Who would have thought that this kind of investment through internet will be born.  As time goes by, people are trying to seek for something that could make our life easier and more convenient. Like those things that makes our daily living more efficient such as cellphones with just a tap our messages would be delivered in a second, unlike before we have to wait for how many days just for it to arrive.  Same goes withthe mode of payment today,  we could have it in an instant without a hassle. With the advancement of technology today, bitcoin is one of those successful and innovative.
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July 01, 2018, 09:40:30 PM
 #116

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.
New technologies are always something phenomenal for people and countries and the whole world. innovation is good or bad only for some period of time. I look now it is the true point of mind about phenomenal innovation. And it is really usability thing for people.

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July 01, 2018, 11:44:19 PM
 #117

Good thing I just got here in time. Sometimes I had this F.O.M.O. (Fear Of Missing Out) thing. Guess I was just too busy with work to ignore bitcoins for the past several years.
I do not think there's a bit of time with the bitcoin, you have to rise to work even harder! and continue to plant the belief that bitcoin will participate in the success of your life.
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July 02, 2018, 12:10:12 AM
 #118

A good  thing though  bitcoin,  is really  good innovation  created by the administrator, that can really  help us. By the people  in this world who make them an asset  ...
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July 02, 2018, 12:31:44 AM
 #119

Yeah obviously it is. The best thing about technology is, there’s always scope for something better to take place the existing. It gets better. Blockchain, the backbone of Bitcoin, is already called as the future technology by many people. Adaptation of this technology will bring huge difference in tech world, I believe.



Bitcoin is really the phenomenal innovation and it start in this generation. They adapt the advance of the technology and it is like a preparation for next era that most of things that we need is more on technology.   We want a fast and easy for every transactions that resolve by keep on innovating the technology. Yet there are still pros and cons for the advance technology that need to consider .
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July 02, 2018, 12:34:48 AM
 #120

For my own opinion I believe that bitcoin is a new phenomenal innovation. First innovation of a new currency. Then innovation of online payment system that improve or innovate our types of payment that honestly is very poor nowadays specially here in the Philippines specially in paying bills at taking government and legal documents like driver's license etc. It is also a big innovation in terms of investment. Before,we are investing at the banks who gave us a very small amount of interst every year but now we are already invest at bitcoin that you can get a big interest or income defend on your patience and hardwork.
Innovation in currency but its not effective yet. Its just as investment so far.  Bitcoin need to be applied as currency too to make it more useful and popular among people i know this is great innovation but need more improvement. It can not stop just till here to prove itself really great
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