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Author Topic: can you imagine bitcoin as your prime currency.  (Read 1450 times)
Lyne01
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May 20, 2018, 02:40:33 AM
 #261

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Well, its gonna be a good thing if bitcoin will be the primary currency I will use. Easy transaction online, and convenient payment and sending money. However, it has a very high price, and how could they give you a change.

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radjie
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May 20, 2018, 04:55:49 AM
 #262

I do not think that bitcoin can be the main currency, everyone will find it difficult if bitcoin serves as the main transaction tool for everyday life. because bitcoin can only be used by relying on the internet network, if at any time there is a problem about the internet network around us of course all activities of the transaction will be stopped and not even exist because the currency that can use to transact itself is a form of digital currency.
andika2018
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May 20, 2018, 06:05:50 AM
 #263

With limitation on bitcoin supply, i think its hard to make bitcoin as currency in some country. Government or central bank must be want currency that they can control because money and obviously bitcoin can not controlled by any authorities because decentralized system
GoodLuck2
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May 20, 2018, 06:15:25 PM
 #264

If Bitcoin is the prime currency on some countries and became popular for everyone then I think someone will try to make his/her Bitcoin address tattoo on the part of his/her body so anyone who wants to make a transaction with him can easily use the tattoo or maybe a QR code as tattoo  Grin Grin
Funny enough  but I think no one is gonna do this foolish act as this way everyone will be allow to use his bitcoin which will only give him high lose, so I think we can use it to pay for goods better than this way so be sure you have safe wallet and put your bitcoin into it after that you can fearlessly use bitcoin as payment, buy now and hold your bitcoin as coming age is going to be the age of digital currency and bitcoin will be at the top this prediction is made by an expert according to the high market demand of bitcoin.
newcollegestar
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May 21, 2018, 06:25:35 AM
 #265

I'd really love this idea, but can not find it will be real. Since my country already banned any transactions using crypto currency. well our govenrment got the point, they have strict rules to protect our currency
We love this idea too rather everyone here and out would be loving this idea. We want to see bitcoins raising and spreading all over the world. We want to see them being used globally and people are just making deals in them. But this isn’t possible in this time specifically. Although this could be achievable in later century but right now bitcoins have to do so and so more.
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May 21, 2018, 09:21:57 AM
 #266

I dont think it could be but if it does became our prime money it could be really bad and makes economy so unstable unless it not volatile it would be good currency. I do think crypto is future but i do think coin such tether that stable is our future of transaction and other cryptocurrency is like a digital asset for investment.

I can really admit that Bitcoin will be used more often but it cannot become my primary currency. Sometimes, it is not very convenient to use the cryptocurrency.
Marnihughes82
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May 21, 2018, 09:39:44 AM
 #267

Bitcoin may be my main asset. But actually I like eth more, every time I need to trade I still use eth because it's faster, cheaper
lienfaye
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May 21, 2018, 09:40:45 AM
 #268

Well yes and I used to it already since I always use bitcoin for sending money to my relatives and its convenient for me however there are some situation that I think btc is not ready yet to adopt by ordinary people like spending it to buy in small groceries, it will be hard to use it as payment since the transaction can take time to confirm. It can be use as alternate in fiat but cant be use as our main currency at the moment because of some circumstances that need to be fix first.

crazy-pilot
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May 21, 2018, 10:34:01 AM
 #269

Simply because the bitcoin is not welcomed at most of the stores and other placesin my country too I would have hard time caling it the only currency that I use but I am sure that this is just a matter of time and we will get to that point in the future.

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rocketbits
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May 21, 2018, 11:35:47 AM
 #270

Bitcoin is digital money it can not replace cash. It has created convenience and reduce the stress of doing banking transactions with low fees. I still value the fiat currency . It makes money more real and more secured.

Yes Fiat are more secured ,because now a days hackers are everywhere that is the reason why we need to be careful in our online wallet or even in off line wallet.
With bigger money, comes everything bigger. Security is one of that problem that must be considered with care and concern. If people think that okay bitcoins are the safest and securest coin on this world and nobody can steal them. That is somehow right but hackers are waving you at every time. They don’t let you become so easy and careless. So be careful about your security of wallet.
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May 21, 2018, 06:10:58 PM
 #271

The surge in value of Bitcoin and its digital currency rivals has not been matched by their everyday utility. Payment processor Stripe cut off Bitcoin support in January, citing slow transaction times and high fees.
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May 21, 2018, 06:31:49 PM
 #272

there are good and bad impacts, imagine if you pay your bills using bitcoin, but we know that bitcoin prices rise every year, of course you will feel disappointed if you pay using bitcoin because its value to fiat currency continues to rise.
the advantage is that you can add value from the increase every year.
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May 21, 2018, 06:33:06 PM
 #273

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

Yes of course, i like bitcoins to use as my primary currency because in this way i will be having a cheaper prices of products that i am interested to buy so i hope that maybe in the future, cryptocurrency will be legalized for everyone to use.

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piterpie
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May 21, 2018, 06:34:19 PM
 #274

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I think not. The cost of Bitcoin is very expensive. I used ETH instead of using Bitcoin. The new ETH is my main currency. ETH quickly processes transactions and never delays as Bitcoin
yuriyuria.gyunick
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May 21, 2018, 06:44:47 PM
 #275

Yet much like millennials will never have a landline, a coming generation might do without bank accounts thanks to secure, peer-to-peer cryptocurrency transactions. Blockchain technology and the vast new crypto wealth have opened the door to four cryptocurrency futures that could usher in a new financial order.
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May 21, 2018, 07:42:44 PM
 #276

That explosive potential helps explain why so many tech entrepreneurs and investors turned cryptocurrencies into a 21st Century gold rush, even as JPMorgan Chase (JPM) CEO Jamie
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May 21, 2018, 07:51:54 PM
 #277

Yes, why not) I can imagine because I like using bitcoin and would like to contribute to its promotion somehow. As for me, bitcoin can't be treated as the prime currency to the full extent nowadays because not every company and government accepts it but this will change

btc_angela
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May 21, 2018, 07:57:29 PM
 #278

Yes, why not) I can imagine because I like using bitcoin and would like to contribute to its promotion somehow. As for me, bitcoin can't be treated as the prime currency to the full extent nowadays because not every company and government accepts it but this will change

As much as we like bitcoin to be accepted as prime currency for all of us, it might takes years though to be fully recognized by governments except for few nations. Although I'm lucky that our government still accepts it so I was able to used it to pay almost all my bills right now, but I can't used to say buy commodities because no supermarket is still not accepting it. Maybe in the future though, we might see this happening, but today with all the global regulations and banning from a lot of governments globally.

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May 21, 2018, 08:09:47 PM
 #279

Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.

There are governments today who does not really like cryptocurrency to grow in their area and that being said , bitcoins will not be fully accepted on the community so bitcoins as a prime currency will not happen.

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May 21, 2018, 09:06:16 PM
 #280

I can definitely imagine bitcoin being used as my main currency, the only problem is that I cannot see that in the short term, we still need to solve some issues with bitcoin especially the issue with the fees and the issue with the speed of transactions but once that is solved using bitcoin in your live will be a lot easier obviously at that point the only problem will be if I will want to use bitcoin as a currency and not as an investment.

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