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Author Topic: Do I need to say more?  (Read 387 times)
Danstan (OP)
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April 27, 2018, 01:11:17 PM
Last edit: April 27, 2018, 01:25:37 PM by Danstan
 #1

Taxi was doing a perfectly good job....
but Uber works better!!!

Landlines phone were perfectly good phone...
But cellphone works better...

We have Fiat but Bitcoin was introduce...
Do I need to say more?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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April 27, 2018, 01:31:08 PM
 #2

You are right everything is being taken over by the new technology and soon blockchain technology will overtake every transaction and every business, it is a great feeling that we are all in before the real boom.

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April 27, 2018, 01:40:27 PM
 #3

i strongly agree with you, now cash and other means of payment have been in existence but now crypto currency is here to take over, and i believe it will be very convenient and secured
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April 27, 2018, 01:45:44 PM
 #4

Taxi was doing a perfectly good job....
but Uber works better!!!

uber is more better than taxi because they use a digital map and they can lessen the traffic if ever.

Quote
Landlines phone were perfectly good phone...
But cellphone works better...

cellphone is better because it is the upgraded landline phones and it can be connected to internet. we can also use this as a device to receive more information with the use of internet

Quote
We have Fiat but Bitcoin was introduce...
Do I need to say more?

fiat is very good in terms of keeping our money but we are in the stage of technology thats why bitcoin is very famous. in bitcoin we can create a big profit compare to fiats they only give a small ammount of income.
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April 27, 2018, 01:56:26 PM
 #5

You cant say one thing is better than another, cause everything have its own advantages and disadvantages right ? We still need both of them though.
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April 27, 2018, 02:04:52 PM
 #6

Nothing wrong, everything you say is true. Technology changed everything easier. And all have their own perceptions.

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April 27, 2018, 02:08:30 PM
 #7

Tech make everyting practice, better and easier to do. But still you cant replace fiat completly with cryptocurrency, at least not in this 10 years. Cause as we all know at some state they not even have electricity and live in the dark.

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April 27, 2018, 02:10:58 PM
 #8

Funny, but its not exactly right to compare fiat with crypto like those things. For now I think there are still too many things to consider if fiat would be completely overrun by digital money since not everyone in the world has yet access to electricity and most of all internet connection.

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April 27, 2018, 02:17:18 PM
 #9

I see a great future for the Cryptocurrency market. What if the money flows into bitcoin and altcoins. It's great to make money here. Also thanks to Cryptocurrency I understand more about financial markets
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April 27, 2018, 02:23:10 PM
 #10

Nothing wrong, everything you say is true. Technology changed everything easier. And all have their own perceptions.
everything in this world is changing, even money, because technology is evolving. nothing is wrong with that, no wonder that in a few more years, crypto will replace fiat completely.

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April 27, 2018, 02:25:49 PM
 #11


We have Fiat but Bitcoin was introduce...
Do I need to say more?

fiat is very good in terms of keeping our money but we are in the stage of technology thats why bitcoin is very famous. in bitcoin we can create a big profit compare to fiats they only give a small ammount of income.
I thought that fiat is a bit different with bitcoin and it has a relationship with the regulation. This can't be compared with uber, cellphone because fiat has created by the government to support our real life transaction while bitcoin still to be considered a commodity for some parties. It's a bit different to say.

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April 27, 2018, 02:30:28 PM
 #12

You cant say one thing is better than another, cause everything have its own advantages and disadvantages right ? We still need both of them though.

You are kind of right in some way. Although, there are instances where one thing is completely better than the other, there are also its own advantages and disadvantages.
I am a crypto lover too and love the way BTC works but still I think that fiat is needed. It should not be completely avoided. BTC is good but still it has its disadvantages like high fees and confirmation delay in a congested network. The issues might get resolved over time but fiat will still be needed in future when transactions get stuck in the network or some misfortune happens.

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April 27, 2018, 02:39:47 PM
 #13

All these things, is about digitalization. We are getting more advanced in technology and that is why we tend to do better.  Sure, you do not need to say much, because Bitcoin in my opinion is better than fiat and i feel so many crypto enthusiasts will agree with that. It is not about Bitcoin alone, but also some of the altcoins that we have.
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April 27, 2018, 02:40:53 PM
 #14

Change is the only constant thing. So I will not be surprised that Bitcoin is taken out by something  even more competitive.

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April 27, 2018, 02:51:41 PM
 #15

Taxi was doing a perfectly good job....
but Uber works better!!!

Landlines phone were perfectly good phone...
But cellphone works better...

We have Fiat but Bitcoin was introduce...
Do I need to say more?
 Bitcoin and other cryptocurrencies will surely face difficulties if we are talking about replacing to fiat, it's not like as easy when you replace an old gadget to a new one because it needs a mass adoption within a certain place or country but the essential factor to make it happen is the government approval in which the greatest hindrance in crypto globalization.
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April 27, 2018, 02:52:12 PM
 #16

You cant say one thing is better than another, cause everything have its own advantages and disadvantages right ? We still need both of them though.


I agree with you, everything has their own advantage and disadvantages, crypto is very useful and fully boost by the internet but during maintenance or net breakage then everything is back to basic, manual transactions, manual accounting, manual message relay, so old basic thing will be very useful, just imagine how atm won't work during payment transaction because of internet and service breakdown, so you need cold cash to pay. But when in terms to internet.... You know it..
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April 27, 2018, 02:54:11 PM
 #17

You cant say one thing is better than another, cause everything have its own advantages and disadvantages right ? We still need both of them though.

As technology is expected to be the technology of the future in the world, Blockchain continues to experience developments over time so that this advanced technology can be used in various aspects of life in the community. maybe in the future this is still needed.

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April 27, 2018, 05:59:28 PM
 #18

No, you don't have to! A shared economy based on peer-to-peer payments is hopefully going to replace the old system in this sector as well. A lack of transparency makes banks less trustworthy in eyes of people. Escalating pressure from the society will end up in the revolution. Will old banks be able to adapt and adjust to the loss of their illogical power? This is the right question for upcoming years.

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April 27, 2018, 06:32:44 PM
 #19


I do not think that this will be all as you say !!! Can of course when it is, but it's not soon !!! I do not think that we will not need FIAT
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April 27, 2018, 06:37:35 PM
 #20

I agree with you, but so far millions of taxi cars travel around the globe, fixed-line phones are also available in all companies and in some private homes or apartments. Bitcoin can undoubtedly become a substitute for Fiat money, but at the moment it is necessary to achieve the stability of cryptocurrencies, in order that this system could fully become an everyday part of every person's life.

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