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Author Topic: Bitcoin is a new phenomenal innovation  (Read 3126 times)
Lalafell
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July 31, 2018, 05:33:37 PM
 #181

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.

Obviously it a yes. We are in the modernization era. Were technologies are made to help the people to live easy. Bitcoin is operated by technology. It is not easy to hack, safest and easy to used. You don't need to go to banks to have a transaction in just one click everything can be settled. Today we need a more adapted way of doing things. And I can say that bitcoin is one of the innovative process that we have in this era.
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July 31, 2018, 06:09:56 PM
 #182

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.

Yes it is . Bitcoin helps us to adapt to the modernization which primarily the meaning of innovation. It gives us new and easy way of doing transactions for the goods and services we want. No need to go to banks or carry a high amount cash. Just one click of your phone everything can be settled.
Alns
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August 01, 2018, 09:05:29 PM
 #183

yes you are right bitcoin at this time is very phenomenal because bitcoin currently has a very expensive price and has a very sharp price movements and make the trder can benefit very much.

So, the popularity of it gets up every day. More and more people join to Bitcoin. It is really good Technologies for future of over money.
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August 01, 2018, 09:12:22 PM
 #184

In my opinion Bitcoin is an archetype of cryptocurrency. It's just a pure speculation. Future are alt coins with some value. There is Eth platform and Neo platform. There is Nebula Network, rock stable crypto thanks to emission mechanism tied to their supply. It's something more innovative than PoW or PoS. It's worth to follow this project imo.

 Yes, it is a phenomenal innovation in technology, does in the crypto market, it change the market paradigm of the future. The entry of crypto currency digital transaction create some degree of resistant from either Big time investors and to the government, that's why they are so critical on the Banned, Scammer, Hackers, and the issue on Regulation about the Bitcoin transaction in the market.

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lumon2112
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August 01, 2018, 09:14:46 PM
 #185

you are right, technologies do not stand still, and bitcoin is a future that is gaining momentum and will soon emerge into the world economy)))

etnichalx837
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August 10, 2018, 12:34:12 PM
 #186


I think bitcoin is one of the great innovations that change our perspective about currencies, ways of payment also invest in the digital world. We used to regard conventional payments as the best. It turns out that the assumption was refuted by way of bitcoin model transactions which turned out to be safer, cheaper, faster. Slowly but surely the understanding of bitcoin is able to change the point of view of people around the world, and that is only a few years.
lzby2000
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August 13, 2018, 11:20:38 AM
 #187

Bitcoin is not only a new innovation of legal tender, but also a new opportunity for many industries to make breakthroughs. Many industries can cooperate with each other using blockchain technology. People can get more efficient cooperation and more convenient life experience through this way.

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August 13, 2018, 11:51:37 AM
 #188

There are still may areas where bitcoin can be used. Like it can be used for streamlining plane ticket reservations.
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August 13, 2018, 01:23:42 PM
 #189

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.

As a person who has knowledge in technology, for me bitcoin is one of a great invent today. Innovation is we need because there is so much study and many people wants to invent more useful gadgets or technology in the future and it could help our economy or currency in the future. Its a great opportunity to investor or businessman that could catch the attention of all people.

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August 13, 2018, 01:26:07 PM
 #190

payment methods also invest in the digital world. We used to consider conventional payments as the best. It turns out that the assumption was refuted by way of bitcoin model transactions which turned out to be safer, cheaper, faster. Slowly but surely the understanding of bitcoin is able to change the point of view of people around the world,
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September 06, 2018, 07:12:37 AM
 #191

In fact, bitcoin is a very competent investment, for the future. If you invest in bitcoin, the main thing to track the maximum point, when it will be at the top, then you can not only save your capital which you invested, but also in fact multiply it in a% ratio.
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September 07, 2018, 01:53:12 PM
 #192

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.
Bitcoin was introduced in 2009 and it has been a decade passed and bitcoin has made such a tremendous progress in this decade that it has become the most successful and the most popular crypto currency of the present times and now only this it is only considered threat to the present Fiat currencies and this success of bitcoin has cane due to several factors as everyone is just fascinated by the potential of bitcoin that it is able to provide very good profit in very short span of time so no doubt that bitcoin is excepetionally good innovation.
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September 07, 2018, 02:07:16 PM
 #193

you are right, technologies do not stand still, and bitcoin is a future that is gaining momentum and will soon emerge into the world economy)))


over time the world will surely grow and technology will also become more sophisticated. especially at this time there is also a bitcoin that will plunge in the future so we also have to support the development of bitcoin in the future to change the economy in the world.
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September 07, 2018, 02:10:22 PM
 #194

I assume, bitcoin and the technology behind it, namely blockchain, are part of technological progress. I believe, that will be the technology of the future, especially when other sectors have begun to adopt blockchain technology. I thought, that would be something extraordinary
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September 07, 2018, 02:11:49 PM
 #195

Digital currency in my opinion is the biggest technological innovation since the internet.
And as more people gain awareness of its immense potential, it would spark global adoption.

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September 07, 2018, 02:18:28 PM
 #196

The innovation that Bitcoin is trying to offer is a reduction in production costs, because we know that making fiat currencies requires materials that are quite expensive to avoid and distinguish from counterfeit money. While bitcoin does not require any material to make it a currency, it only needs internet access and a development team.
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September 07, 2018, 02:22:49 PM
 #197

indeed bitcoin is one type of investment that is very good where every price movement will have a far level so when it goes down it will fall down and if it goes up it will be very high that makes many people become very fond of the type when it gets the right profit and lots

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September 07, 2018, 02:33:24 PM
 #198

From what ive learned is bitcoin and blockchain is the new technology and currency,yeah thiis is innovative and fresh but the future relies on this as i believe.

This is the first virtual currency that has been created and the one of its kind,yeah theres alot of alternative coins but bitcoin will never take behind ,few year later all of this will be reality and those who doubt cryptocurrency will feel the bitterness of not trusting this
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September 07, 2018, 02:49:59 PM
 #199

bitcoin is a phenomenal new innovation, maybe it's true that Bitcoin isn't just about sending money. Bitcoin has many features, opening up many other possibilities that need to be explored by the community, for example Control of fraud, Global Accessibility, Cost efficiency, Tips and donations, Fundraising, Micro Payments, Resilience and decentralization.

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September 07, 2018, 02:59:33 PM
 #200

Of course it is. Even though bitcoin is very unpredictable and the prices fluctuate often, it is still a great innovation. But I think that the blockchain technology is a better innovation because without it, where would bitcoin run on? So while I agree that bitcoin is a phenomenal innovation, the blockchain technology deserves all the credit as well.
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