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Author Topic: Will bitcoin be the currency of the future?  (Read 450 times)
hibiscus
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April 18, 2018, 12:55:26 PM
 #21

Bitcoin is the first crypto currency started in the year 2009 through Mr.Satoshi Nakamoto. Bitcoin has a specific characteristics that a decentralized one ,maintain the anonymity and its all transactions are recorded in an electronic ledger with block chain technology..By understanding the merits of the bitcoin the business community around the world and the educated mass among youngsters with computer literacy are attracted bitcoin very well.Hence the bitcoins popularity has widen and more people are attracted to it.Its market capital is very high and day by day more people are attracted to it and very shortly it will be a global currency.
duyduc256
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April 18, 2018, 12:56:35 PM
 #22

Are not. I do not think that BTC will be the common currency of the whole world, firstly they are high risk. And prices fluctuate frequently. BTC is not owned by any country so the application of laws or regulations to Bitcoin is not possible between countries. This makes Bitcoin difficult to put into trading.
I agree with you . Bitcoin has not been legally recognized in major countries and this could have a huge impact on the future Cryptocurrency market. But if Bitcoin gains the attention of big investors, within 10 years Bitcoin can become the global currency and we should hope for this because I would love to use Bitcoin to pay.
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April 18, 2018, 12:58:56 PM
 #23

For me bitcoin is already a currency a digital curenccy that we already use. But this time it is not our main curenccy, we have a fiat money. If bitcoin will be the main currency, I think the bitcoin community needs a lot of development. But we will see in the future, for now just appreciate and support bitcoin for the opportunity they had made for us.
patrickj
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April 18, 2018, 01:15:57 PM
 #24

For me bitcoin is already a currency a digital curenccy that we already use. But this time it is not our main curenccy, we have a fiat money. If bitcoin will be the main currency, I think the bitcoin community needs a lot of development. But we will see in the future, for now just appreciate and support bitcoin for the opportunity they had made for us.
I agree to you, fiat money is our main currency and we can't speculate that bitcoin will replace fiats because bitcoin has high volatility price. I will agree that it can be replace by means of payment system. For now bitcoin needs more development to be able to conclude the future of replacing fiat currency. All we need to do now is to support bitcoin as long as this will came to truth.
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April 18, 2018, 01:18:32 PM
 #25

I think bitcoin has a great power and popularity for the future. But i am not sure about that, it will be the main currency of the world. Bitcoin's and other coins' prices are incredibly wavy, and this is making the things hard for the bitcoin to be used in daily life payments.
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April 18, 2018, 01:22:47 PM
 #26

The bitcoin evolution is here to stay,nothing can stop it,bitcoin has gained popularity all around the world,the curiosity surrounding bitcoin will eventually bring more and more people to crypto world.
semes
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April 18, 2018, 01:23:04 PM
 #27

You are asking if Bitcoin will be your future currency. I can ask you; Have not you been more? Big money representing Bitcoin, Blockchain technology and the Crypto money market is right now. More money than the annual income of many countries on the earth is now on the market. According to Coinmarketcap, Bitcoin and crypto money market is growing slowly and fluctuately. Although the market seems to be declining due to period price declines, the awareness of each Bitcoin and the number of participants are increasing day by day. Bitcoin and some crypto parables will be very valuable in the future, but already they are very valuable ...
JackyLon
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April 18, 2018, 01:48:07 PM
 #28

I think bitcoin can change the future, although the market seems to be declining due to the decline in prices during this period but the number of bitcoin usage is increasing, and it is very useful For everyone, I firmly believe that bitcoin has a great power and popularity for the future.
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April 18, 2018, 02:14:48 PM
 #29

in the future? I think the possibility of bitcoin to be a currency in the future because many parties are interested in it. Some companies are already using bitcoin to make a sale and purchase transactions or trade.

Even the German state has also acknowledged and use bitcoin to trade transactions. Maybe we can see the results of the next few years whether bitcoin will be used as currency or not.
prediction on bush
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April 18, 2018, 02:18:25 PM
 #30

Technology and venture capialist investor James Altucher said the bitcoin will continue to grow. Bitcoin and cryptocurrency or other digital currencies will be considered to replace paper money as a currency for transactions. According to Altucher, the public has made several currency changes in history. First gold replaces barter system as a transaction tool, then paper money replaces gold as a tool of value storage. Then, bitcoin and other cryptocurrencies will replace the paper money as a transaction tool.

I strongly agree on your opinion that, technology and venture capialist investor James Altucher said the bitcoin will continue to grow and bitcoin and cryptocurrency or other digital currencies will be considered to replace paper money as a currency for transactions. And adding also my opinion that, Bitcoin has become one of the most influential currencies in recent time around the world, people are becoming familiar with this platform day by day, Not only that but also Bitcoin and blockchain system is getting accepted by the people because of the unique facilities. In addition currently bitcoin is considered to be a valuable coin, But it has not become the official currency in the world. On the otherhand, this currency has not been used so widely around the world and fiat money is always more convenient than bitcoin.
LeaderAMB
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April 19, 2018, 12:00:22 AM
 #31

I believe in that, internet payments are inevitable, the use of Bitcoin or Altcoin will certainly happen! But need more time to develop and apply!
It’s most likely to occur in the future. As far as we know that bitcoin or any other coins in crypto market is created by computer technology, especially we all know that IT is playing an important role in daily life, maybe all of us would be hard to live without it. Cryptocurrency becomes more popular in most parts of the world and actually the demand of using bitcoin is getting increased day by day. Thus there is no doubt that bitcoin can become a currency of the future.

Dani33
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April 19, 2018, 12:33:20 AM
 #32

I think there is much possibility that bitcoin will be the currency of the future, it don't will change the money importance but many company will accept bitcoin and there will be always more transaction with this.

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April 19, 2018, 12:38:37 AM
 #33

Bitcoin the currency of the future? You mean bitcoin will be the main currency? I don't think it will happen in the future, because we know that bitcoin is the first digital currency that a huge value and many people are changed life from the financial but there's places bitcoin are prohibited and in my opinion it will not.
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April 19, 2018, 12:45:13 AM
 #34

Yes it could be, the wide acceptance of the community signifies that it have a good future. Bitcoin creation and its used are really a big help for everyone especially for the people that have too much load of works and to minimize it time spend in making payments. We became more productive of having these. But it is not mean that it will wipe out fiat money, it is just another option either.
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April 19, 2018, 12:49:33 AM
 #35

BTC encryption, such as digital currency is a beneficial attempt for future monetary system, but any monetary system must first with the first stage of human adapt to productivity, technology, cultural level is feasible. Under the existing centralized production, centralized administrative human productivity and superstructure system. There are still many hard questions about the widespread use of distributed money as a currency. As an asset, bitcoin has to deal with a serious bubble, and other COINS have to deal with its fundamental problems. If the solution cannot be solved through better technical design, the cryptographic coin will have no future.
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April 19, 2018, 01:05:01 AM
 #36

Maybe yes or maybe not, there are still lots of hindering factors to make this in the future for example the machine to be use in payments for small businesses like those reatailers who sells like a stick of cigar., we cant deny the fact that we still need each countries currency because it is the method already use by many people for a long time ago and now even kids 3-5 years old knows how to buy using the fiat currency.
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April 19, 2018, 01:08:21 AM
 #37

Bitcoin provides an inescapable database for the age of artificial intelligence. Bitcoin, a challenge to the haphazard distribution of wealth, has challenged all wealth hegemony. He fulfilled the promise of equality before wealth and broke the existing law of distribution of wealth. The hope of the future development of the currency has been seen, and the people have seen the hope of solving the financial crisis. Digital standard currency, regional chain standard currency era, it has become a world currency unified solid bridge, it will break the wealth create monopoly power, long time, any money before it is fragile, what is the gold standard and silver standard, dollars are rubbish, who is the next monetary unification the rookie of The Times, the replacement of main currency will evolve?

As currency for an investment i say yes but for the main spending i think it is impossible because not all people will know how Bitcoin will work specially the poor because education is vital to learn the Bitcoin process and also we need the power of the internet to be accessible in all over the world in which some countries are in difficult to achieve the advancement of technology specially the 3rd world countries. So i think it will need a lot of time to make it possible to be the world main currency.

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April 19, 2018, 01:16:32 AM
 #38

It is a yes because technology will continue to evolve everyday and we adopt on it, office paper work are constantly eliminated and maybe in the future we all using this bitcoin as world currency that maybe fiat will be eliminated to, just we see on movies that they didn't use paper money anymore because of technology.
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April 19, 2018, 01:52:25 AM
 #39

Well, that is the purpose of creating bitcoin in the first place, to replace the conventional fiat currency. If everyone will start to believe in bitcoin and see its potential, there'sno doubt that bitcoin will be the futeure of currency.
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April 19, 2018, 01:54:44 AM
 #40

We can not tell and maybe there will be time comes when bitcoin will be the currency of the future , this is not far to happen especially when there is a demand of customers and the people around the digital world and even the outside world of the cryptos.
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