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Author Topic: Bitcoin is a new phenomenal innovation  (Read 3114 times)
4rzun4
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October 24, 2018, 07:47:53 AM
 #341

Bitcoin is a new innovation in investment in crypto currencies, and has been known by all levels of the world community. besides its high price, bitcoin is also believed to be a breakthrough in the transaction system which is more practical and highly trusted. but if it is associated with fiat money, of course bitcoin has a quite real difference, where bitcoin does not have a real physical form. Thus, bitcoin is not fiat money and we cannot equate it with fiat money, even though for me bitcoin can be regarded as a new innovation in fiat money.
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October 25, 2018, 07:31:12 AM
 #342

Bitcoin is an innovation that is making life easy for everyone by solving the problem of time, money and headache. Banks have been in the business of imposing heavy charges on people while not rendering the best of service. Now, you can sit in your room and do international fund transfer.
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October 25, 2018, 05:16:13 PM
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Without a doubt, Bitcoin is a new phenomenal innovation that came into existence not very long ago. It enabled a new kind of asset class for the first time in history, where people could gain control over their own funds without the need to depend on a central bank or government. Since Bitcoin has allowed people to regain control over their own lives, it's no wonder why it's the most popular cryptocurrency today.

It's revolutionary technology not only transforms finance, but also every aspects of our lives such as maintaining the authenticity of our financial and personal information, eliminating fraud, counterparty risks, immutable proof of ownership, and more. The many benefits that Bitcoin brings, means that it's better than real cash since it's much more flexible, borderless, and easily divisible to many units. Before the inception of Bitcoin, we were subject to the interests of corrupt banks and governments, but after Bitcoin came to the world, everything changed.

Therefore, Bitcoin is the greatest invention mankind has ever seen as true sovereignty could be achieved over one's funds. Just like Gold, Bitcoin's supply cannot be debased, and it becomes scarcer every day. No one controls it, in the same way no one can shut it down (as it lives in various regions across the world). Cheesy

Koenraad Lange
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November 21, 2018, 02:31:36 AM
 #344

Undoubtedly bitcoin is a phenomenon that shocked the world because of its popularity that makes it one of kind invention that many participated and adopted with. As the time being, bitcoin is still rocking the boat of crypto currency and going strong despite the bear market it experienced. As the year coming to end, almost 2 months to spare, bitcoin will surely be top news and always on trend this coming new year.
This phenomenon comes from bitcoin because it managed to break the deadlock of transactions that have always been controlled by banks, ranging from transfers, credit to international trade. Bitcoin does not require banking services because transactions are peer to peer where the bitcoin sender can easily transfer from his wallet to the recipient's wallet, and it is very fast and very cheap. Because the process happens on the internet, so nobody knows.
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November 21, 2018, 01:02:32 PM
 #345

yes of course, bitcoin creates the phenomenal environment in the world ecosystem and many people are gained much profit from bitcoin.
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November 21, 2018, 02:31:24 PM
 #346

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 not disagree with this duw to the fact that Bitcoin is very well known nowadays and it happens to be because it was a very helpful one and very influential especially for the mass people, and it actually because of the fact that it help us to have profit for ourselves and for our families more than what government can provide us through making innovative jobs, with high salary to offer,and people start to recognized Bitcoin because it was very convenient and accessible

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Siren
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November 21, 2018, 02:53:28 PM
Last edit: November 21, 2018, 03:07:46 PM by Siren
 #347

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.
Innovative is not just for changing whats the old school is,instead this will only help others for comfortable usage of such inventions,
Just like cars not because theres a battery operated one now,meanig  that gasoline functioning cars will be gone because for sure people will differentiate the two

This is same as fiat and cryptocurrency,they will stay together just because they need each other to help one another
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