Digital Currency Take Over

[sumanto]

I think that could happen if in the future technology develops and more digital currencies are created then this digital currency can control the world economy, because in this world nothing will happen in the cryptocurrency world.

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[ellehcar]

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.

Well, it's too lame to tell a definite time on when digital currencies will lead the mainstream. On the other hand, it's too premature to tell that it will never do so, since it is still in its infancy. A lot of things can happen with it; it can develop its flaws, or burst like bubble. My point here is everything is a possibility, given the fact that the financial market is really unpredictable, whether be it virtual or physical. The most that we can do now is educate ourselves about what's exactly going on in the market, so that we can best interpret it to our advantage.

[haydrop]

i think digital currency can eventually take over the world if it is duly regulated.

[putrisa]

yes maybe in the future digital currencies will dominate the world and maybe in the future there will be a lot of cryptocurrency created and there will be a lot of cryptocurrency used to process payments.

[akram143]

yes maybe in the future digital currencies will dominate the world and maybe in the future there will be a lot of cryptocurrency created and there will be a lot of cryptocurrency used to process payments.

The digital currencies are very important for our future development of online currency will also helpful for the improvement of online jobs so we cannot think the digital world will not be good for our future it will also one of the development for the economic changes and  for some good online jobs.

[susuberuang]

I think that could happen and maybe the digital currency will be very dominant in the future and maybe in the future many will choose to pay using digital currency instead of using fiat.

[manismanja]

maybe it will happen in the next few years because bitcoin will experience very high demand and bitcoin will become one of the safest payments in the future so that many will use bitcoin.

[Dolmar]

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.

[Impulseboy]

it is impossible that digitisation will never be successful.

I'll rephrase it.
Digital currencies now are in success so what makes you think it won't?

[/quote]

I think that it is because there are still some people out there that still doubt the authenticity and legitimacy of cryptocurrency. Plus, there are countries out there that has not even heard of bitcoin or cryptocurrency, let alone the blockchain technology, so we could not say the extent of the success of this digital currency. That said, to countries where cryptocurrency is legal, it is pretty successful. There are still who do not believe in cryptocurrency, but I like to think that it is getting there despite the market status.

[taxmanmt5]

Crypto will diversify our economy and hence threathing the business models of most bank. Reason why they dont wna accept it.

Till the time there was nothing like that of the crypto currencies in this world, then the thinking of the people towards the money was quite different but now with the introduction of the crypto currencies, things have been changed a lot and that now people have started thing differently as they liked this idea of the crypto currencies very much and that is the reason why the demand of the crypto coins is increasing this much higher.

This new idea of digital currency is still not fully implemented as only few people of the total population of the world are actually using it. And even those who are using it are mostly use it for trading with alts or fiat. The real usage of digital currency as a payment for ordinary goods is still far away from being practically implemented.

[arbifahrozy]

many factors that influence digital money, such as security systems, are starting to be embraced in various fields. For example, now starting from the fields of health, sports, industry and government, many have used blockchain in their systems. in my opinion, over time digital money will become the main currency in the future.

[Turst1974]

Crypto will diversify our economy and hence threathing the business models of most bank. Reason why they dont wna accept it.

Till the time there was nothing like that of the crypto currencies in this world, then the thinking of the people towards the money was quite different but now with the introduction of the crypto currencies, things have been changed a lot and that now people have started thing differently as they liked this idea of the crypto currencies very much and that is the reason why the demand of the crypto coins is increasing this much higher.

This new idea of digital currency is still not fully implemented as only few people of the total population of the world are actually using it. And even those who are using it are mostly use it for trading with alts or fiat. The real usage of digital currency as a payment for ordinary goods is still far away from being practically implemented.

Yeah I think the same. The future is that of cryptocurrency and it will take over the market in the future. There is nothing which could stop cryptocurrency now because the people from all over the world are putting their money in cryptocurrency especially in bitcoin and to see this trend I can say that in the future people will use only cryptocurrency as their regular currency.

[Howits]

I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.

There is a lot of debate as to whether digital currency is good or bad for a nation but if you ask me i f would say that if digital currency is implemented properly it could benefit in the long run.

[pragna]

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 those government who not accepting BTC are in wrong site yet. Has they stop to use BTC from his inhabitants ?? i think no. People are doing their trading and using in different way though it looks illegal to government. In this technology world no body can not control anybody that he want to do. I think it would be better if government accept it and make some rules and regulations and people will easily accept it and will do their business legally. In this way both will be gainer.

[promich21]

I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.

I think countries and especially governments have a lot of concern and that is the reason they do not want it to be implemented in their countries.  They fear loss of tax money if implemented.

[cintamoni]

I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.

No matter what you say about digital currency, it is the fact that digital currency are the future.  No matter govt and financialinsistions ban it or discourage people from using it, one day they will have to accept this change.

[martincooo]

I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.

I think countries and especially governments have a lot of concern and that is the reason they do not want it to be implemented in their countries.  They fear loss of tax money if implemented.

That's exactly what it is. But on the other hand, especially in this region where I am, a large number of individuals that are connected somehow to the governments and politics, have already invested in crypto. They just stay quiet about it..

[voztata]

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...

In my own opinion, man you’re totally confused. We don’t even need Bitcoin as a currency and we don’t need everything to be DIGITALIZED, cause they are very much okay as they are – physical (paper money) and digital (apps that can be used to send and receive money like PayPal). I think bitcoin or any cryptocurrency can be just a matter of choice, you can only use it when you want to.

[ErmaburR]

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 those government who not accepting BTC are in wrong site yet. Has they stop to use BTC from his inhabitants ?? i think no. People are doing their trading and using in different way though it looks illegal to government. In this technology world no body can not control anybody that he want to do. I think it would be better if government accept it and make some rules and regulations and people will easily accept it and will do their business legally. In this way both will be gainer.

In the far future bitcoin will definitely take over the market because it is the future currency and the world is turning towards digital currency. Fiat will be for some time and when bitcoin is acceptable globally then it will take over fiat currency also. When there is bitcoin, we need no other currency paper or fiat. Gradually the use of bitcoin will increase.

[Topcarey]

Crypto will diversify our economy and hence threathing the business models of most bank. Reason why they dont wna accept it.

Till the time there was nothing like that of the crypto currencies in this world, then the thinking of the people towards the money was quite different but now with the introduction of the crypto currencies, things have been changed a lot and that now people have started thing differently as they liked this idea of the crypto currencies very much and that is the reason why the demand of the crypto coins is increasing this much higher.

This new idea of digital currency is still not fully implemented as only few people of the total population of the world are actually using it. And even those who are using it are mostly use it for trading with alts or fiat. The real usage of digital currency as a payment for ordinary goods is still far away from being practically implemented.

Yeah I think the same. The future is that of cryptocurrency and it will take over the market in the future. There is nothing which could stop cryptocurrency now because the people from all over the world are putting their money in cryptocurrency especially in bitcoin and to see this trend I can say that in the future people will use only cryptocurrency as their regular currency.

The day is near that banks will also accept bitcoin because it is mandatory for their survival. If they do not start trade in bitcoin, they will have to shut their banks because of no money. Banks will never give use profit on our saving accounts. They always use people’s money for themselves. It is much better to withdraw money from banks and put in cryptocurrency. It will give you huge profits compare to banks.