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Author Topic: Bitcoin is a new phenomenal innovation  (Read 2925 times)
Painbird
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October 14, 2018, 03:06:34 PM
 #281

The way bitcoin is spreading the world we can easily say bitcoin is a phenomenal innovation but its not new. We are here for long days and also with btc. So that we are just close the up of it. However the world is moving fast on digital technologies so that the paper money is become losing itss vaalue against btc and so.Btc has lots of advantages that can make assure it is a great iinnovation.

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October 14, 2018, 03:47:59 PM
 #282

Bitcoin has made people drowsy in the past few years despite the fact that its value is declining, the development of this bitcoin also makes people admire

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October 14, 2018, 04:44:10 PM
 #283

I think the future of bitcoin might replace fiat money, now bitcoin has been used in various parts of the world and blockchain technology has been recognized ... then bitcoin in the future will be the number 1 currency

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October 17, 2018, 02:23:01 PM
 #284

Bitcoin has made people drowsy in the past few years despite the fact that its value is declining, the development of this bitcoin also makes people admire

we can see that the development of bitcoin is always increasing, even though prices in the market are experiencing a decline. so this is the specialty of bitcoin. even though the price decreases but interested people increase.

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October 18, 2018, 07:38:07 AM
 #285

I don't consider Bitcoin as the innovation for fiat money because it’s innovation for the entire sector of finances. Cryptocurrencies and fiats co-exist competing with each other. But Bitcoin is going to do more, for instance, replace traditional money transfers and processing systems to become the only global currency.
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October 18, 2018, 07:46:44 AM
 #286

Bitcoin is a big step forward in the world. This is considered one of the technologies of the society in the future, especially when the Internet and 4.0 technology is growing. It is especially influential, perhaps very economically. The blockchain is opening up a new era of development in the areas of the economy such as finance, banking, retail, manufacturing, etc.
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October 18, 2018, 08:02:28 AM
 #287

I don't think bitcoin stands in the same point as fiat money, but it certainly is new innovations in term of finance. We should differ between exist and non-exist money, I mean physically visible. That said, bitcoin stands as decentralized authority transaction system. So this means they are two different things, but they can complete each other in some ways.

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October 18, 2018, 08:39:12 AM
 #288

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.
We assumed bitcoin and other crypto currency to be an innovation in the market system of the world but we can't disregard those people who still don't understand what bitcoin is, so that we can say that it is truly made for a successful innovation but rather others has a close minds that are not accepting too good ideas     
It is normal for a lot of people to dislike or disagree with this kind of innovation in our monetary and payment system called Bitcoin because we can't please anyone to believe or agree on what we believe. To be honest it is really hard for some persons to understand what crypto currency is for. Because not every people on this planet are technologically literate and to understand things such as crypto currency will be too complicated for them and there are also people with a huge amount of knowledge when it comes to technology but also doesn't like crypto currencies because of their ideologies and beliefs. Cool

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October 18, 2018, 08:49:49 AM
 #289

Before the introduction of cryptocurrency, nobody ever thought that international fund transfer could be  this easy and fast because you would have to go through your bank and pass some stages of bureaucracy before your request is treated. So indeed, bitcoin is the innovation of our time.
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October 18, 2018, 08:57:23 AM
 #290

Bitcoin is a new phenomenal innovation.  I completely agree with that idea. As you know, it change  the method of payment,in the past every transaction online isn't without third party . Nowadays, there is no third party in transaction through bitcoin.
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October 19, 2018, 04:06:07 PM
 #291

It is better to get acquainted with Bitcoin in the early stages of its development, to be among the first to start using it.
Many people are going to regret not investing in bitcoin when they had the chance to do it when it was relatively cheap, like many I would have liked to invest in bitcoin when it was cheaper but I feel fine with the amount of bitcoin I am holding even if it is not a lot of money, because I know that if I can hold my coins for the long term then the benefits that I will get out of bitcoin will be incredible.

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October 19, 2018, 05:55:05 PM
 #292

bitcoin will be the money of the future, with a variety of trips that may take time to understand it. bitcoin will provide solutions to many transaction problems experienced now.
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October 19, 2018, 06:25:42 PM
 #293

Surely, it is and really people love this virtual currency.  The future of this digital currency is very bright because it is open and dynamic. Bitcoin provides people ample opportunity to have a new relationship with money. You can send money quickly to any place at any time round the year. Blockchain the backbone of bitcoin is considered by experts as the future technology that will rule the world.
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October 20, 2018, 01:21:15 PM
 #294

this is an innovation for money at the moment, but it should not be seen only as an innovation of money, but also need to be studied as an innovation of technology
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October 20, 2018, 01:33:08 PM
 #295

bitcoin is a new innovation to improve the existing conventional financial system, Bitcoin is not just a matter of sending money. Bitcoin has many features, opening up many other possibilities that need to be explored by the community. such as cost efficiency, decentralization, transparency and many others
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October 20, 2018, 01:38:01 PM
 #296

I agree with the author. this is truly a phenomenal technology which in the future I hope will be adopted en masse because it will bring us a lot of comfort and remove the shortcomings that now exist in the economic system

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October 20, 2018, 01:50:26 PM
 #297

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, of course bitcoin is a new solution in financial matters that is very venomenal, I think what you will do with various researches related to bitcoin will be very interesting and will be of particular satisfaction, and I will personally support each individual or an institution that will conduct research on bitcoin, because of course it will be very beneficial for the wider community.

 
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October 20, 2018, 01:57:48 PM
 #298

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.
The future of bitcoin looks certainly great. I believe bitcoin has really done well with blockchain technology, this is the future of the world of modern technology. I believe, we need to encourage the use of bitcoin in our daily business transactions so people can appreciate this absolute phenomenon.
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October 20, 2018, 02:21:35 PM
 #299

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.

you are very right with the opinion that you convey with the progress of time and technology demanding also the development of the economic system and one example is the blockchain and cryptocurrency of course

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October 20, 2018, 10:28:01 PM
 #300

Bitcoin is indeed a phenomenal innovation in this era and it is arguably the biggest wealth distribution of all time. As an investment, it's a life changer that is proven by many people who believe in it and is a very good alternative for fiat as far as online payment system is concerned.

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