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Kayum10029
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July 07, 2018, 03:27:34 PM |
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I don't believe that bitcoin take over. World becoming closer to closer due to modernize.one day people don't to buy,sell, shopping, marketing with paper money .so they show their egarity towards online currency.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Blue Bell
Member
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Activity: 280
Merit: 10
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July 09, 2018, 09:55:42 PM |
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I don't believe that bitcoin take over. World becoming closer to closer due to modernize.one day people don't to buy,sell, shopping, marketing with paper money .so they show their egarity towards online currency.
You should believe in this reality because now bitcoin has gain the attention of almost 99% of population, because now we are living in the digital age where we will need bitcoin the most, it makes double of profit such as we can buy goods and we can enjoy easy and cheap online shopping, gradually people are being interested in digital currency and forgetting about fiat, because it will only buy you goods but using digital currency will help you have extra money along with purchasing. |
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bitgolden
Legendary
 Online
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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July 10, 2018, 10:32:33 AM |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Well, like you said, there are countries that doesn’t support Bitcoin cause of several reasons… so do you think it can go that far when there are more opposing sides?, 🤔I’m saying this cause I don’t think so. Bitcoin (cryptocurrencies) will make progress but not to the extent you’re looking at, I just believe that everything will be balanced in the market. Maybe time will come when some of the countries that are against the use of cryptocurrency will learn to accept but not without terms and conditions. Whatever happens, just hope it’s for the better. |
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Best Dreams
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July 10, 2018, 11:55:20 PM |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Well, like you said, there are countries that doesn’t support Bitcoin cause of several reasons… so do you think it can go that far when there are more opposing sides?, 🤔I’m saying this cause I don’t think so. Bitcoin (cryptocurrencies) will make progress but not to the extent you’re looking at, I just believe that everything will be balanced in the market. Maybe time will come when some of the countries that are against the use of cryptocurrency will learn to accept but not without terms and conditions. Whatever happens, just hope it’s for the better. It does not take too long for the time to be change so I think one day it is possible to see bitcoin being legal all over the world and those who are against bitcoin will accept it, now we are aware of the bitcoin power and the value, all over the world almost 80% of countries are accepting bitcoin and using it as source of payment and investment so I think there are high chances to see bitcoin as the coming currency for all of us. |
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imsotiredofmoviereboots
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July 11, 2018, 05:56:44 AM |
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We are on the digital age so there's no point on fighting. Books are now turning into ebooks. Maybe mid-aged people still patronize it but the future generations are gonna stick to ebook. That's what will happen to fiat and it is destined to happen.
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mathtoughfat
Newbie
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Activity: 93
Merit: 0
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July 11, 2018, 06:15:53 AM |
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I would say 5 to 10 years from now digital currency will take over the financial world. I am saying this because as to how I see the transition that we are making from fiat money transaction to cash-less transactions and payment it is very clear that we are already in the digital age wherein money and cash is not a big deal as long as you can do transaction using digital money. Yes they can say that digital money is prone to being hacked, but they should also know that fiat money and cash is prone to corruption and that is why money laundering is happening.
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Dayomi
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Activity: 12
Merit: 0
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July 11, 2018, 07:29:50 AM |
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Digital currency is the new era of exchange. It will take over all form of exchange very soon
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ov3rflow9x
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July 11, 2018, 09:55:46 AM |
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For the most part, the cryptocurrency is more of an investment asset than the usual method of payment, which can be used in everyday life. In addition, virtual money is a parallel developing monetary system, and it is not legal in many countries.
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dragontigear
Newbie
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Activity: 120
Merit: 0
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July 11, 2018, 11:41:23 AM |
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For the most part, the cryptocurrency is more of an investment asset than the usual method of payment, which can be used in everyday life. In addition, virtual money is a parallel developing monetary system, and it is not legal in many countries.
It's very beneficial for cryptocurrency holder if the digital currency will take over but its hard for it to become successful because digital currency is dependent on the internet connection and the network is limited only in some areas. |
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royalfamily1000
Newbie
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Activity: 76
Merit: 0
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July 11, 2018, 03:23:05 PM |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready. |
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bitcoinrays
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July 12, 2018, 08:28:53 AM |
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Fiat money will stay even digital currency becomes stronger in the future because fiat money is much more easy to use very liquid and of course this represents one nation. I think digital currency will just be a great alternative to transact online aside from credit cards.
They would co-exist and we will have many choices then of how we would pay if it would be cryptocurrency or fiat. If we think about it, cryptocurrency is just like paying through credit card/debit card because there is no physical money involve. It wouldn't be able to eliminate physical money though because it would be hard for the people who have no access to technology to transact if they don't know anything about it and they can't even use it. Electricity would need to be solve first before the legal tender would be taken over. Yes you’re right man, I just believe that fiat and cryptocurrency will coexist and everything will be balanced in the market and we won’t have no need for competitions or whatever. I believe people should be allowed to make their choice, If you decide that fiat is the way then you can go for it, but if you think that cryptocurrency is the best you can also go in for that. We shouldn’t be creating competitions here and there. |
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TirionFordring
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Activity: 21
Merit: 0
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July 12, 2018, 09:07:42 AM |
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I don't think cryptocurrency is ready to replace paper money. Before we even think about a world running on just digital money, governments all over the world will need to agree first on a global cryptocurrency that will be acceptable to all countries. Think of it as the digital version of the US Dollar or the Euro.
Do you think the US Government or the European Union will agree to let go of their own currencies in favor of a cryptocurrency that they cannot print on their own? How will they manage their country's interest rates if they cannot print paper money out of thin air?
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BerneirBTC
Jr. Member
Offline
Activity: 63
Merit: 1
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July 12, 2018, 10:05:50 AM |
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Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?
I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process... Fiat money will stay even digital currency becomes stronger in the future because fiat money is much more easy to use very liquid and of course this represents one nation. I think digital currency will just be a great alternative to transact online aside from credit cards. More and more people are investing in cryptocurrency and the number of countries and companies are also increasing with the passage of time that accepts bitcoin. It means that the future is that of digital currency and it will take over the market. No doubt it will take long time because many people still do not know about cryptocurrency but soon they will know everything about crypto and its future. |
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darewaller
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July 12, 2018, 10:19:23 AM |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Not every nation, there are nations that are kicking against it, though some of them has allowed the use of it, but not without terms and conditions. Bitcoin can do better than most payment methods cause it is fast for making international transaction and the fees are very low. Another thing is that it can be an investment and can also be a source for income if you work hard in it. It don’t mind those that says it’s free money, it is not free money. |
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Rembedful
Jr. Member
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Activity: 80
Merit: 1
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July 13, 2018, 10:12:36 AM |
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Digital currency take over no not yet the World have not really know much about the new world of digital currency. Also, many of this digital currency or token have not be make use of the way the team member plain it. However, if this still remain the same in digital world or better put in cryptosystem it means that little people still know this new world. To know this new world of digital currency better we both have a lot of work to do. The world of digital currency is getting better.
Well I think it is not true now crypto currency is famous enough all over the work, almost everyone knows how to make good profit, bitcoin is at high demand everyone is trying to make is legal in their country and they want to benefit their people from it, bitcoin is taking over the world because every market every school and every university is ready to accept the payment is form of bitcoin, there is nothing to be worry about just keep calm bitcoin is going to be global currency soon, In the future digital currency will take over the currency market and I am sure that all other currencies will disappear from the market, no say how much time it will take. The world is turning towards digital currency and in the future bitcoin will be the only usable currency all over the world. It will be the mainstream in the future no matter how much time it will take. |
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HSRP
Member
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Activity: 392
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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July 13, 2018, 01:36:13 PM |
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Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?
I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process... Fiat money will stay even digital currency becomes stronger in the future because fiat money is much more easy to use very liquid and of course this represents one nation. I think digital currency will just be a great alternative to transact online aside from credit cards. More and more people are investing in cryptocurrency and the number of countries and companies are also increasing with the passage of time that accepts bitcoin. It means that the future is that of digital currency and it will take over the market. No doubt it will take long time because many people still do not know about cryptocurrency but soon they will know everything about crypto and its future. Bitcoin and the cryptocurrency market have confirmed their position in the world financial market as they are gradually adopted in many countries and financial institutions around the world. This has made the position of Bitcoin and crypto more and more variable. I believe this is a very good time to invest in cryptocurreny. |
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Da2ja3
Member
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Activity: 181
Merit: 10
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July 14, 2018, 06:52:37 AM |
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Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it
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Faxmate
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July 14, 2018, 09:32:56 PM |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready. It is modern age and I have never heard about any such place where internet is hard to access so I really think bitcoin or digital currency will take over, I recently saw a post by a person who was saying that he use to live in back ward village but still bitcoin is being use source of payment over there so, I think it is not so far when we will be able to see digital system of payment in every corner of the world. |
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shesheboy
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July 14, 2018, 09:52:37 PM |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready. It is modern age and I have never heard about any such place where internet is hard to access so I really think bitcoin or digital currency will take over, I recently saw a post by a person who was saying that he use to live in back ward village but still bitcoin is being use source of payment over there so, I think it is not so far when we will be able to see digital system of payment in every corner of the world. yes i agree that we are now on a modern age and internet is always accesible all the time because even our phones or any other gadgets do now have an internet , so everyone is capable of accesing or using a bitcoin but of course , there were also poor countries and poor families/people that doesnt have the ability to buy such gadgets with internet or buy an internet subscription , that is why not all people can be able to use bitcoin and any other cryptocurrencies because of the status of thier lives . |
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Aleister Crowley
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July 14, 2018, 11:00:13 PM |
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Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it
the risk for the digital era is very high, regardless of the number of fraudulent projects .. this we can see from some FUD yag can make digital ruined .. because sometimes the trust can be lost due to negative issues .. and this is very risky for us all |
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