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Author Topic: Bitcoin is a new phenomenal innovation  (Read 3126 times)
alexhunter54
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October 20, 2018, 11:26:50 PM
 #301

I think blockchain can be used as a innovation for technology but btc and other cryptos can be considered not as an innovation but rather as a new financial theory or introduction I guess.
Menawi12
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October 21, 2018, 01:01:27 AM
 #302

Bitcoin already become new monetary system. We know that currency system always vulnerable to economic crisis and i think bitcoin offering new monetary system. Its true that bitcoin is phenomenal innovation and it will change our economic face

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October 21, 2018, 01:11:43 AM
 #303

The ideology of Bitcoin is revolutionary with the intention of harnessing payment methods through its decentralized nature. This eliminates the influence of central authoritative third parties in its transaction, hence offer a fast transaction on a p2p mode. Bitcoin transaction offers good security because all transactions can be tracked on the Blockchain using the transaction hashes.
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October 21, 2018, 03:58:39 AM
 #304

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.
it is very clear that bitcoin is the latest currency innovation. Even if it can be realized and many countries legalize it, it takes a long time to prepare everything related to it. For example the distribution of internet connections and socialization about bitcoin for those who don't know.

Ethan Argu
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October 21, 2018, 03:59:46 AM
 #305

Bitcoin is continuing  progress of time and technology based on tbe demand people are using this is has a role to our community , business sector and other transaction that use cryptocurrencies. bitcoin is a new innovation to improve the existing conventional financial system that can really work out to our community.

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October 21, 2018, 04:36:14 AM
 #306

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.

Currently, the whole world is covered by the internet so my opinion is that bitcoin can completely replace the fiat money to the future through many children still using bitcoin instead of virtual currency.

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October 21, 2018, 05:30:09 AM
 #307

Bitcoin already become new monetary system. We know that currency system always vulnerable to economic crisis and i think bitcoin offering new monetary system. Its true that bitcoin is phenomenal innovation and it will change our economic face
yes, I am very happy to follow bitcoin because there are so many benefits that can be obtained. I succeeded in investing when I started in 2015 until 2017, the prices were so high and I sold and got a lot of profit. with various observations, I have invested again in bitcoin and now just waiting for high prices. if you understand about bitcoin immediately follow and invest.
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October 21, 2018, 05:34:45 AM
 #308

Phenomenal innovation is the blockchain technology, bitcoin is simple app for him.
But it is first application on blockchain in our history, this makes btc special

kogozer714
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October 21, 2018, 11:04:57 AM
 #309

good, very good, you do research on bitcoin. Bitcoin is an extraordinary environment that allows not only new ways to transact but also fantastic innovations and allows fast innovation and useful applications for the next time Bitcoin will be the best
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October 21, 2018, 12:18:24 PM
 #310

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 is new innovation on how monetary system should be run. I am believe bitcoin is more beyond than just a currency, its new system how financial system work. With no one institution or authorities control the supply and the data, it will creating transparancy on money supply in market. It will creating a real value of economic growth

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October 21, 2018, 01:37:25 PM
 #311

Bitcoin 100% change the world economy. Only not now and not immediately. Bitcoin has many friends, but even more enemies. So far, 1: 1. We are waiting for what will happen next)
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October 21, 2018, 01:53:20 PM
 #312

There are many businesses and individuals who use Bitcoin. Includes physical businesses in the real world like restaurants, apartments, law firms, as well as popular online services such as Namecheap, WordPress, Reddit, and Flattr. Although Bitcoin is a new phenomenon, it is growing very rapidly. with billions of dollars worth of bitcoin transactions done on a daily basis.
it is possible that all this can happen and be done because crypto currencies are created by using technological advances and developments in the era and if crypto currencies can be accepted and formalized by all countries as the prevailing currency, of course all will happen

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October 21, 2018, 02:02:46 PM
 #313

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.


this will be a debate that will never end until that day arrives. bitcoin and fiat money are the same as we need, until now and for the next 10 years. this is a fact
I'm sure someday bitcoin will be the best option in terms of transactions using digital technology.

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October 21, 2018, 02:16:24 PM
 #314

The emergence of bitcoin has brought convenience in the payment system and a better form of investment in terms of profit. So many people accept bitcoin because of the benefits it contains, and make bitcoin a way to make life better.

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October 22, 2018, 08:05:55 PM
 #315

We need to keep in mind that without bitcoin blockchain wont be discovered , so we should still give credits to bitcoin because he is the real father of all cryptos . Bitcoin isnt a scam as some might think because it is decentralized which means no one hold or controls it not even governments or banks.

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October 22, 2018, 10:52:55 PM
 #316

In the world of finance bitcoin's already included in the category of technology and new innovations to fiat money. By using bitcoin no matter who it's the man he can control/save their own money which is shaped cryptocurrency, whenever he wants. During his career bitcoin also have other facilities for each user either to invest or to learn to invest regardless of the magnitude of the funds owned its users all of them guaranteed could invest in bitcoin.

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October 22, 2018, 11:00:07 PM
 #317

in my opinion it could be, because the system in bitcoin is very unique, bitcoin uses the smart contract code so that it can be said to be very complicated. And the method is different, so it looks unreal but very real produces ... !!

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October 22, 2018, 11:10:11 PM
 #318

in my opinion it could be, because the system in bitcoin is very unique, bitcoin uses the smart contract code so that it can be said to be very complicated. And the method is different, so it looks unreal but very real produces ... !!

Undoubtly, bitcoin will always remark its excellency in the world of crypto, as well on the blockchain technology which can improve the technology by its good development and progression. But we have to take the serenity of being legalized of bitcoin in some counries on which we can obtain the assurances of its virtue.
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October 22, 2018, 11:13:27 PM
 #319

I also think that bitcoin and cryptocurrency is a breakthrough of the 21st century and I consider it the most valuable technology for the entire existence of mankind

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October 22, 2018, 11:51:28 PM
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in my opinion it could be, because the system in bitcoin is very unique, bitcoin uses the smart contract code so that it can be said to be very complicated. And the method is different, so it looks unreal but very real produces ... !!

Undoubtly, bitcoin will always remark its excellency in the world of crypto, as well on the blockchain technology which can improve the technology by its good development and progression. But we have to take the serenity of being legalized of bitcoin in some counries on which we can obtain the assurances of its virtue.
Legalization of Bitcoin to the countries around the world is a long run for the system, First it must be considered as one of the used currency worldwide,
It is true in my part that Bitcoin is the new phenomenal innovation for the economic growth of the world, maybe as of now the governments cannot see it because of the demands of fiat's use, Day by day many individuals are using crypto currency as their source of profits and investments, It will not be long that bitcoin will be known around the world too.
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